Which of the following ways to extend a job offer to a selected candidate creates a binding contract?
O A. Call the candidate and leave a voice message, offering the
candidate the position.
B. Call the candidate, ask if he or she can start work the next day, and
explain wages will be decided then.
C. Send a letter outlining all the terms of employment that both the
employer and candidate sign.
D. Email the candidate that he or she is being offered the position
and ask when the candidate can start.
SUBMIT

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan