Stone Argues Against All of These Argument Premises EXCEPT

question 47

Multiple Choice

Stone argues against all of these argument premises EXCEPT:

• A) Management has a promise to fulfill to the shareholder.
• B) The executive is an agent serving the interests of his principal.
• C) Businesses do not have the "role" that obligates them to assume social responsibility.
• D) Management owes more to the customer than to the shareholder.
• E) Profits at least give us some tangible standard by which to judge progress.

---

Definitions:

Effective Date

The date on which an agreement, policy, or regulation becomes operative and enforceable.

Registration Statement

A set of documents, including financial statements and a prospectus, filed with a regulatory body to publicly disclose the details of an upcoming securities offering.

Investment Contract

In securities law, a transaction in which a person invests in a common enterprise reasonably expecting profits that are derived primarily from the efforts of others.

Franchise

A business model where a brand allows individuals to start their businesses using its trademark, systems, and processes.