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Which Phrase Means That the State Has the Right and Responsibility

question 20

Multiple Choice

Which phrase means that the state has the right and responsibility to protect those who cannot protect themselves?

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Definitions:

Real Asset

A tangible object with value derived from the service it provides such as a house or a car. Distinguish from a financial asset, which is a piece of paper giving its owner a claim to future cash flows.

Equipment

Assets used in the operations of a business, typically consisting of machinery, tools, and vehicles.

Stock

Ownership shares in a corporation, representing a claim on part of the corporation's assets and earnings.

Stockbroker

A person licensed to assist investors in buying and selling securities for a commission.

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