Which of the Following Represents Positive Economics

question 136

Multiple Choice

Which of the following represents positive economics?

• A) Policy A is fair.
• B) Outcome B is the best objective to achieve.
• C) If policy A is followed, then outcome B results.
• D) All of these.

Explain the corporate citizenship concept and its implications for where a corporation can legally operate.

Understand the legal procedures for forming an LLC and the significance of articles of organization.

Discuss the liabilities and legal protections for promoters and directors in pre-incorporation activities.

Examine the legal actions necessary for foreign corporations to do business in another jurisdiction.

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Definitions:

Types of Activities

Categories or classifications of actions or tasks that individuals or organizations undertake to achieve specific goals or outcomes.

Process Model

A representation, often in diagrammatic form, of the steps and decisions involved in carrying out a process or operation.

Supply Chain Relationships

The interactions and connections between various entities involved in the production and distribution process of goods and services.

Steps

A series of actions or procedures taken to achieve a particular end.