In General,companies That Focus on a Triple Bottom Line Are

question 73

Multiple Choice

In general,companies that focus on a triple bottom line are most likely to place a priority on which of the following?

• A)sustainability
• B)the production orientation
• C)the selling orientation
• D)manufacturing on demand
• E)instapreneurship

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Definitions:

Lien Claim

A right granted by law to a creditor over the property of a debtor as security for the debt.

Bulk Sales Acts

Laws designed to protect creditors by regulating the bulk transfer of business assets outside the regular course of business.

Holdback Money

Funds retained by a party in a contract to ensure obligations are met before making full payment.

Privity of Contract

The principle that a contract cannot confer rights or impose obligations arising under it on any person or agent except the parties to it.