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This lecture introduces Title Seven of the Labor Code, focusing on collective bargaining agreements (CBA). It defines collective bargaining as the mutual obligation to negotiate terms related to wages, working conditions, and grievances. A CBA is a contract that reflects negotiations initiated by either the employer or the employees' exclusive bargaining representative. This representative, elected by employees, is tasked with negotiating on their behalf regarding wages, work hours, and other employment conditions. The discussion emphasizes the importance and implications of these negotiations within labor relations.