If an Employee Fails, Then It Is Ultimately the Responsibility

question 13

Multiple Choice

If an employee fails, then it is ultimately the responsibility of:

• A) fellow workers.
• B) the person who hired them.
• C) the educational system.
• D) society.

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Definitions:

Non-Recourse

Pertaining to a loan or obligation where the lender's recovery, in the event of default, is limited to the collateral securing the loan, with no further claim on the borrower’s assets.

Money Orders

A payment order for a pre-specified amount of money, similar to a check, that is widely used for safe transfers of funds.

Promissory Notes

Written promises to pay a specified sum of money to a named party, under specified conditions.

Uniform Commercial Code

A complete collection of regulations that oversee every commercial activity within the United States.