A Local Food Company Recognizes the Importance of Hosting an Annual

question 130

Multiple Choice

A local food company recognizes the importance of hosting an annual community food drive to obtain canned food donations for those in the community that are less fortunate. This company's actions are referred to as

• A)social responsibility.
• B)utilitarianism.
• C)the Golden Rule.
• D)profit responsibility.

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Definitions:

Loanable Funds

The supply of money that savers have made available to borrowers.

Usury Laws

Regulations governing the maximum interest rate that can be charged on loans, intended to protect consumers from excessively high rates.

High Interest Rates

High interest rates refer to periods or situations where the cost of borrowing money is elevated, which can decrease consumer spending and business investment.

Usury Law

Regulations that cap the maximum interest rate that can be charged on loans, aimed at preventing exorbitant or unreasonable interest rates.