Which of the Following Is Consistent with the American View

question 64

Multiple Choice

Which of the following is consistent with the American view of the independent enterprise?

• A) A corporation should fall under the control of the state government.
• B) A corporation is an entity that has rules and continuity of existence.
• C) The largest proportion of a corporation's profits must go to the personal funds of the stakeholders.
• D) A corporation's employees must be selected on the basis of seniority and not merit.
• E) Personal relationships are more important in daily life than work and the company.

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Definitions:

Extended Family

An extended family network that encompasses not just the immediate family members like parents and children but also includes grandparents, aunts, uncles, and various other related individuals.

Matrilineal

Children trace their family descent through their mother’s line, and property is passed on to female heirs.

Surrogate Fathers

Men who take on the role of a father figure in the life of a child who is not biologically theirs.

Economic Necessity

The requirement of economic resources or actions to satisfy basic needs or preserve financial stability.