Socially Defined Rules of Behavior Are

question 83

Multiple Choice

Socially defined rules of behavior are

• A)beliefs.
• B)values.
• C)norms.
• D)sanctions.

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Definitions:

Closely Held Corporation

A business corporation that has a small group of shareholders, with shares that are not publicly traded on stock exchanges.

Unfairly Prejudicial

Actions or decisions that unjustly or unfairly harm the interests of a particular party, often seen in corporate or business contexts.

Sole Shareholder

An individual or entity that owns 100% of the shares of a company, holding complete control over the business.

Fiduciary Duty

An obligation to act in the best interest of another party, typically in matters of finance or trust management.