A Pledge Used to Secure a Loan Must Be Signed

question 70

True/False

A pledge used to secure a loan must be signed by all parties to the agreement.

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Definitions:

Performance

The manner in which an individual, group, or organization accomplishes tasks, goals, or objectives, often measured against some standards.

Discretionary Behavior

Voluntary actions by employees that are not directly or explicitly recognized by the formal reward system, which can contribute positively or negatively to an organization.

Employee's Role

The specific set of responsibilities, tasks, and duties assigned to an employee within an organization, along with the expectations for how those tasks are to be performed.

Emotions Discrepancy

The gap between the emotions one feels and the emotions one shows or is expected to show in a social context.