Which of the Following Was Developed by a Group of International

question 116

Multiple Choice

Which of the following was developed by a group of international executives,including business leaders from Japan,Europe,and the United States?

• A)Sarbanes-Oxley Act
• B)Caux Principles
• C)Peter Principle
• D)Kohlberg's Model
• E)Corporate Social Responsibility

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Definitions:

Legal Binding Agreement

A contract with terms and provisions that are enforceable by law.

Model Codes

Standardized sets of laws or regulations designed to be adopted or adapted by various jurisdictions to bring consistency across legal systems.

Computer

An electronic device capable of processing and storing data according to instructions from software applications.

Specific Performance

A legal remedy requiring a party to perform their specific duties under a contract, rather than paying damages.