Although Sometimes a Seeming Adversary of Business and Industry When

question 104

Multiple Choice

Although sometimes a seeming adversary of business and industry when acting in a regulatory role, and often disliked by the private sector for its taxes and regulations, government is nonetheless essential to the functioning of a market economy because:

• A) when it works, government provides the law and order, predictability, and accountability that market economies need to survive and thrive.
• B) only government can create a labor force.
• C) governments are best able to give businesses access to capital that they need.
• D) only the public sector can finance all the infrastructure and facilities that private sector organizations need.

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Definitions:

Creditors

Individuals or entities to whom money is owed by a debtor.

Judicially Dissolve

A legal process in which a court orders the termination of an entity, such as a corporation, due to specific circumstances.

Unsatisfied Judgment

A legal judgment that has not been fully paid or settled by the debtor.

Insolvent

The state of being unable to pay debts when they are due, often leading to bankruptcy proceedings.