Based on the Ideas of Adam Smith, It Is ______

question 80

Multiple Choice

Based on the ideas of Adam Smith, it is ______ dentists clean and repair teeth, but ______.

• A) not out of benevolence that; from their regard for their own self-interest
• B) out of benevolence that; sometimes from their regard for their own self-interest
• C) not out of self-interest that; out of their benevolence
• D) from charity and good will that; only if they can charge high prices

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Definitions:

Financing

The process of providing or securing funds necessary for a purchase, project, or investment.

Principal

The original amount of a debt or investment, exclusive of any interest or growth.

Principal

The main party involved in a financial transaction or agreement, such as the amount of money borrowed in a loan, or a primary actor in a contract.

Implied Warranty

A legal concept that guarantees that a product or service sold will perform as expected, even if not explicitly promised by the seller.