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Business Law and Labor Law Updates
WHAT IS GRIEVANCE MACHINERY?
Grievance is any question by either the employer or the union regarding the Collective Bargaining Agreement
A grievance machinery is intended to promote friendly dialogue between labor and management
A grievance machinery may be established even without a collective bargaining agent
WHO IS A HOMEOWNER?
A homeowner may be an owner or purchaser of a lot in a subdivision or village
A homeowner may also refer to an informal settler
Homeownership may be terminated
WHAT IS MAGNA CARTA FOR HOMEOWNERS AND HOMEOWNERS’ ASSOCIATION?
Association refers to the homeowners’ association which is a non-stock, nonprofit association
Homeowners’ association must be registered with the Housing and Land Use Regulatory Board (HLURB)
- Homeowners’ association may be organized not just by owners of a lot in a subdivision or other residential property but also by lessees of a housing unit
Continue reading . .
OBLIGATIONS OF THE PARTNERS WITH REGARD TO THIRD PERSONS (PART II)
An admission made by any partner concerning partnership affairs within the scope of his authority is evidence against the partnership
The creditors of the partnership shall be preferred to those of each partner as regards the partnership property
A partner admitted as a partner into an existing partnership is liable for all the obligations of the partnership arising before his admission
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