Which of the Following Is Not an Agent of the Business

question 65

Multiple Choice

Which of the following is not an agent of the business?

• A) An officer of a corporation
• B) A person hired by a sole proprietor to make purchases of business supplies and materials
• C) A member of a limited liability company
• D) All of these are agents of the businesses.

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Definitions:

Individual Freedom

The liberty of an individual to act, speak, or think without unwarranted or unnecessary restrictions by the state or others.

Liberal-Communitarian Approach

A theoretical framework that seeks to balance individual rights and freedoms with the needs and values of the community.

Milton Friedman

An influential American economist known for his strong belief in free-market capitalism and a minimal role for government in the economy.

Free Market Ethics

Moral principles or standards governing fair and competitive practices in a market economy without undue government intervention.