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Kimi, the President of a Corporation, Upholds the Organization's Belief

question 19

Multiple Choice

Kimi, the president of a corporation, upholds the organization's belief in corporate philanthropy. She is usually the first employee to donate blood in corporate blood drives. The given scenario portrays:


Definitions:

Security

Collateral or asset pledged to guarantee the repayment of a loan or fulfillment of a contractual obligation.

Consideration

An element of a valid contract; the price one is willing to pay for the promise set out in the offer.

Guarantee

A formal assurance or promise, often related to the quality or durability of a product, or the fulfillment of a contract.

Guaranteed

Promised with certainty or underwritten with a promise of payment or performance.

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