Which of the Following Is Not a Reason for Business

question 8

Multiple Choice

Which of the following is not a reason for business to practice social responsibility?

• A) It is required by law.
• B) It enhances the company's image.
• C) It is the ethical course of action.
• D) It makes the executives look good.

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Definitions:

Unilateral Contract

A promise made by one party in exchange for the performance of an act by another party.

Bilateral Contract

A type of agreement in which both parties involved promise to perform certain actions or obligations.

Consideration

A legal concept referring to something of value exchanged between parties in a contract, making the agreement binding and enforceable.

Unforeseen Circumstances

Events that could not have been predicted or expected and may impact contractual agreements or obligations.