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In this Union Facts Friday tutorial, Charles explains the concept of a Collective Bargaining Agreement (CBA). A CBA is a written contract negotiated through collective bargaining, where workers unite as a union to voice their needs and negotiate with company management. The terms regulated by a CBA include wages, working hours, health insurance, retirement plans, vacation, and dispute resolution processes. The National Labor Relations Act supports the right for employees to bargain collectively and choose their representatives. It is considered an unfair labor practice if either party fails to negotiate in good faith.