Which term refers to a legally binding instrument that acknowledges foreign investors and restricts their access to classified information?

• A. Board Resolution (BR)
• B. Bilateral security agreements
• C. Assets
• D. Authorized Person

Answer: (A)

A board resolution is the formal, legally binding instrument issued by a company's board of directors that records an official decision. When foreign investors are involved, the board can explicitly acknowledge their participation within this sovereign governance document and set security parameters, including who may access classified information and under what conditions. Because a board resolution carries the organization’s authority and creates enforceable obligations, it effectively both recognizes the investors in the governance framework and imposes the required access controls for sensitive information. While bilateral security agreements do address protective terms for handling classified information, they are contractual terms between two parties rather than an internal, binding corporate action that formalizes investor acknowledgment and access restrictions at the board level. Assets describe resources, and an Authorized Person is a role, not a binding instrument.