Correct option is A
Option (a) is incorrectly spelt.
Correct spelling is: "Acknowledge."
Meanings of all options:
·
Acknowledge: To accept or admit the existence or truth of something.
·
Territory: An area of land under the jurisdiction of a ruler or state.
·
Excellence: The quality of being outstanding or extremely good.
·
Business: The practice of making one's living by engaging in commerce.