Who Said, "A Business Is Not a Church; Not a State;

question 2

Multiple Choice

Who said, "A business is not a church; not a state; not a welfare agency; not a religious association; not a political institution"?

• A) Adam Smith
• B) Marjorie Kelly
• C) Michael Novak
• D) Albert Carr

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Definitions:

Assessed

Evaluated or estimated the value of (a property, a tax, a fine, etc.) for taxation or pricing purposes.

Shares Outstanding

The total number of shares of a corporation's stock that are currently owned by all its shareholders, including shares held by institutional investors and insider shares.

Repurchased

Items or securities bought back by the seller or issuer from the buyer.

Assessed Values

Assessed values are the valuation of property, usually by a public tax assessor, for the purpose of determining property taxes.