Princret Inc

question 21

Multiple Choice

Princret Inc., a multinational clothing company, provides scholarships to school children who cannot afford higher education. This scenario illustrates that the company is fulfilling its _____.

• A) discretionary responsibility
• B) legal responsibility
• C) ethical responsibility
• D) economic responsibility

---

Definitions:

Principal

The original amount of money loaned or invested, separate from the interest or earnings it accrues over time.

Future Value

The amount of money an investment is expected to grow to over a period of time, considering interest or returns.

Unequal Payments

Payments that vary in amount over a period, commonly seen in loan repayments or investment returns that do not have a fixed payment schedule.

Rate Of Return

The upward or downward movement in the worth of an investment for a predefined interval, calculated as a percentage of the investment's inaugural cost.