Which of the Following Is a Guarantee Provided to Employers

question 42

Multiple Choice

Which of the following is a guarantee provided to employers by each employee promising loyalty and faithfulness and stipulating a mechanism for financial recovery should the promise be broken?

• A)Fidelity bond
• B)Performance bond
• C)Surety bond
• D)Bid bond
• E)Recovery bond

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Definitions:

Public Choice

A branch of economics that studies the decision-making processes of government entities and its impact on economic policy.

Regulatory Capture

A situation where regulatory agencies are dominated by the interests of the industries they are supposed to regulate, rather than serving the public interest.

Special-Interest Effect

The scenario where a small group gains significant benefits from a public policy or action, often at the expense of the larger population.

Lobbyists

Individuals or organizations that attempt to influence governmental policies and decisions in favor of a specific cause or interest they represent.