Dana and his manager have discussed expanding Dana’s role and responsibilities in the company. What written agreement could establish and legally bind the parameters of Dana’s new position?

(1 point)
Responses

Covenant
Covenant

Business ownership
Business ownership

Business incorporation
Business incorporation

1 answer

The best option for establishing and legally binding the parameters of Dana's new position would be a Covenant. A covenant in this context would typically include provisions outlining the scope of Dana's new role, responsibilities, and any obligations both Dana and the company have related to his expanded position.