Which of the Following Statements About Teams Is True

question 131

Multiple Choice

Which of the following statements about teams is true?

• A) People in a team do not have to have regular interaction.
• B) Four or more people are required to form a team.
• C) A performance goal is shared between team members.
• D) Putting together a team and building teamwork are the same thing.
• E) Each member tends to set his/her own goals for the team.

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Definitions:

Accommodation Maker

A person who signs a loan agreement as a guarantor without receiving any benefits from the loan.

Primary Liability

The obligation to be the first or main party responsible for payment or performance under a legal instrument, such as a loan or contract.

Accommodation Indorser

A person who signs a negotiable instrument on behalf of another without receiving a direct benefit, aiming to provide additional confidence to the payee.

Certify a Check

The act of a bank confirming that there are sufficient funds in the account of the drawer of a check and that it is legitimate, essentially guaranteeing payment.