Quest Systems, a Local Information Technology Firm, Donates Old Computer

question 159

Multiple Choice

Quest Systems, a local information technology firm, donates old computer equipment to a recycling company. What is Quest demonstrating?

• A) cause-related marketing
• B) corporate philanthropy
• C) corporate standards
• D) corporate responsibility

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Definitions:

Holder in Due Course

A legal term referring to a party that has acquired a negotiable instrument in good faith and for value, with certain protections against previous claims.

Good Faith

An implied promise to act honestly and not take unfair advantage in transactions.

Primarily Liable

Refers to the party or entity that bears the main responsibility in fulfilling an obligation or debt, without dependence on the failure of another party.

Personal Defenses

Legal defenses used in a lawsuit that are specific to the defendant, often relating to the contract's validity or terms.