How Did the Introduction of Limited Liability for Firms Change

question 24

Multiple Choice

How did the introduction of limited liability for firms change the focus of firms?

• A)Profit became the primary purpose.
• B)Social good became the primary purpose.
• C)Innovation becamse the primary purpose.
• D)The introduction of limited liability did not change firms' focus.

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Definitions:

Host Population

A group of organisms that serve as a habitat or source of food for a parasite or pathogen.

Strain

In biology, a genetic variant or subtype of microorganisms, such as viruses or bacteria. In physics, it refers to deformation resulting from stress.

Swap Genes

The process of exchanging genetic material between two chromosomes or fragments, leading to genetic recombination or horizontal gene transfer.

Cetaceans

A group of marine mammals that includes whales, dolphins, and porpoises, characterized by their fully aquatic lifestyle and adaptations such as flippers and blowholes.