When Firms Focus on Profit Maximization, Which Form of Wage

question 239

Multiple Choice

When firms focus on profit maximization, which form of wage discrimination is least likely to occur?

• A)discrimination based on race
• B)discrimination in sports
• C)consumer discrimination
• D)discrimination based on educational attainment

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Definitions:

Sarbanes-Oxley Act

A U.S. federal law enacted to protect investors from the possibility of fraudulent accounting activities by corporations.

Government Oversight

The monitoring and evaluation of activities by government agencies or legislative bodies to ensure compliance with laws, regulations, and policies.

Private Securities Litigation Reform Act

Legislation designed to protect companies from frivolous litigation concerning the securities market by imposing stricter requirements on plaintiffs.

Wrongdoing Notification

involves informing the appropriate authorities or bodies about illegal or unethical activities within an organization or institution.