Which of the Following Is Considered a Lower-Order Need

question 62

Multiple Choice

Which of the following is considered a lower-order need?

• A) social
• B) self-actualization
• C) esteem
• D) safety

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Definitions:

Wind Up

The process of closing down a business, including selling assets, paying creditors, and distributing any remaining assets to owners or shareholders.

Reasonable Purpose

A principle guiding that an action or decision must align with logical or justifiable reasons often evaluated in legal contexts.

Partnership Business

A legally recognized form of business where management responsibilities and profits are divided among two or more partners.

Capital Contribution

The injection of assets by the owners or shareholders into a business for operational or investment purposes.