Norms Can Take Many Forms

question 1

Multiple Choice

Norms can take many forms. Which of the following is not a form that norms take?

• A)Descriptive statements about historical facts
• B)Ethical principles about how actors should behave
• C)Mutual expectations about how actors will behave
• D)Social identities indicating which actors are legitimate

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Definitions:

Company Equity

The value of a company distributed among its owners or shareholders, representing their ownership interest in the company.

Securities Laws

Legal frameworks and regulations that govern the issuance, trading, and sale of securities to protect investors, ensure fair markets, and prevent financial fraud.

Taxable Item

A taxable item is any product or service subject to tax by governing authorities when sold or purchased.

Founders' Agreement

A legal document outlining the roles, responsibilities, and equity ownership of the founding members of a company.