In Order to Internalize the Externality Due to Pollution, the Government

question 115

Multiple Choice

In order to internalize the externality due to pollution, the government should impose a tax based on

• A) the economic damage associated with the pollution.
• B) the physical amount of pollution.
• C) the size of the firm causing the pollution.
• D) the value of the pollution-causing business activity.

Understand the concept of piercing the corporate veil and conditions under which it applies.

Grasp the implications of state and federal jurisdiction on corporations.

Acknowledge the purpose and implications of the Model Business Corporation Act.

Distinguish between foreign, domestic, and alien corporations regarding their operation and legal obligations.

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Definitions:

Appreciative Inquiry

An approach focusing on identifying and building upon an organization's strengths and successes rather than problems.

Discovery

The act or process of finding or learning something new that was not known before.

Dreaming

A series of thoughts, images, and sensations occurring in a person’s mind during sleep.

Organizational Change Interventions

Planned activities or programs aimed at improving an organization's effectiveness through changes in processes, culture, or infrastructure.