Answer:
Is required to recognize the existing collective bargaining unit and its representative but is not bound by the agreement.
Explanation:
If a genuine change of employer exists but the employing industry remains substantially the same, the successor employer is required to recognize the existing collective bargaining unit and its representative but is not bound by the agreement.
Collective Bargaining: It is a process to negotiate on demand for rights of employees, working conditions, compensation, etc by a representative of employee and employer sign an agreement with the employer on the agreed term on negotiation.