Which of These Is Based on a Set of International

question 33

Multiple Choice

Which of these is based on a set of international standards for quality?

• A) Quality circle
• B) Corporate governance
• C) ISO certification
• D) Open-book management
• E) Balance scorecard

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Definitions:

Integration Clause

A provision in a contract that declares it to be the complete and final agreement between the parties, superseding all prior discussions or agreements.

Statute of Frauds

A legal principle requiring certain types of contracts to be executed in writing and signed by all parties to be enforceable.

Real Estate

Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature.

Collateral

Assets pledged by a borrower to secure a loan or other credit, which can be seized by the lender if the borrower defaults.