What Is the Term Given to the Groups,individuals,and Organizations That

question 73

Multiple Choice

What is the term given to the groups,individuals,and organizations that are directly affected by the practices of an organization?

• A) primary agents of interest
• B) social auditors
• C) senior managers
• D) organizational stakeholders
• E) local communities

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Definitions:

Consideration

Something of value exchanged between parties in a contract that binds them to the agreement, can be in the form of money, services, or goods.

Financial Intermediary

is an institution that acts as the middleman between investors and firms, facilitating investments and financial transactions.

Holder-in-due-course Status

A legal status that provides a holder of a negotiable instrument certain rights, free from many defenses and claims that could be asserted against the original party.

Fraud in the Inducement

A type of fraud that occurs when false statements, promises, or misrepresentations lead another to enter into a contract or agreement.