Correct Answer: board

Solution : The correct choice is the fourth option .

A board is a group of people that is responsible for decision-making in an organisation. This helps convey the intended meaning that the board of directors, meaning the group of people designated as directors in an organisation, will decide the penalty.

The meanings of the other options are as follows:

• Bowed means to bend downward.
• Braid is a thread of material that is woven to form a design.
• Bored means to feel unhappy because something is not interesting.