The State-Use System Involves Prison Inmates Making Goods That Are

question 22

True/False

The state-use system involves prison inmates making goods that are purchased by state institutions and agencies exclusively.

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Definitions:

Market Price

The current price at which an asset or service is bought or sold in the open market.

Corporate Resolutions

Formal decisions or actions taken by the board of directors of a corporation during a meeting.

Board of Directors

A group of individuals elected by the shareholders to oversee the activities and governance of a corporation.

Corporate Powers

Legal authorities and capacities granted to a corporation by law, including entering into contracts, owning assets, and issuing stock.