A Toy Company Regularly Donates Some of Its Profits to Charitable

question 105

Multiple Choice

A toy company regularly donates some of its profits to charitable organizations. This company is exercising ________.

• A)self-reporting
• B)corporate philanthropy
• C)social audits
• D)public ratings and rankings

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Definitions:

Persuasive Precedents

Decisions from other jurisdictions that, while not binding, may influence a court's decision in similar cases.

Regulations

Rules made by a government or regulatory body to control certain activities or behaviors.

Stare Decisis

A legal principle that obligates courts to follow historical cases when making a ruling on a similar current or future case.

Precedent

A court decision that furnishes authority for deciding later cases in which similar facts are presented.