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:

Inner-city

The area near the center of a large city, often characterized by high population density and varying degrees of economic and social challenges.

Bad Woman Assumption

A prejudiced belief that tends to blame women for the negative experiences they go through, instead of acknowledging the external social factors at play.

Sexually Available

A characterization often used inappropriately to describe a person's perceived willingness to engage in sexual activity.

Unfair Judgment

The act of forming an opinion or conclusion that is biased, unjust, or lacks impartiality.