The University of Excellence Has Decided That It Wants to Only

question 39

Multiple Choice

The University of Excellence has decided that it wants to only accept cash payments for tuition. Its current contract states that payment may be made by cash, cheque or credit card. How can it amend the contract?

• A) Amend the payment clause to state that payment may be made by cash.
• B) Amend the payment clause to state that payment by cheque or credit card will not be accepted.
• C) The payment clause can be deleted.
• D) The clause must be amended to reflect the payment of cash and not by cheque or credit card.
• E) The clause must be amended to reflect the payment of cash and not by cheque or credit card or the clause may be deleted.

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Definitions:

Chief Executive Officer

The highest-ranking executive in a company or organization, responsible for overall operations and decision-making.

Mission

The fundamental objective or purpose of an organization, embodying its values, goals, and aspirations.

Alignment Map

A visual or conceptual representation used to analyze and align an organization's goals, processes, and resources with its strategic objectives.

Leadership Fit

The degree to which an individual's qualities and leadership style align with the needs and culture of an organization or team.