Proponents of the Profit-Oriented Theory of Social Responsibility Would Argue

question 98

Multiple Choice

Proponents of the profit-oriented theory of social responsibility would argue that .

• A) the social cost of doing business should be borne by the government
• B) businesses should contribute money to charities
• C) the profits in business should be reduced in order to cause lesser harm to the environment
• D) firms have a responsibility to act in a manner that benefits all of society

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Definitions:

Actus Reus

Actus Reus refers to the physical act of committing a crime, as opposed to the mental intent to commit the act.

Mens Rea

A legal principle referring to the intent or knowledge of wrongdoing that constitutes part of a crime, as opposed to the action or conduct of the accused.

Criminal Liability

The legal responsibility for committing acts that are proscribed by criminal law and subject to punishment.

Misdemeanor

A criminal offense that is less serious than a felony and typically punishable by fines, community service, probation, or short-term imprisonment.