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In this "Union Facts Friday" session, Charles discusses the concept of a Collective Bargaining Agreement (CBA). A CBA is a written contract formed through collective bargaining, where workers unite as a union to negotiate with company management. The aim is to establish a contract that outlines the terms and conditions of employment, including wages, work hours, health insurance, retirement plans, and dispute resolution processes. The National Labor Relations Act grants employees the right to bargain collectively with their employer and choose representatives. It is deemed an unfair labor practice for either side to refuse to negotiate in good faith.