A Socialist Views Any Intervention of the Law into Private

question 104

True/False

A socialist views any intervention of the law into private property or private rights as unjust.

---

Definitions:

Articles of Incorporation

Official papers submitted to a government agency for the purpose of officially registering the formation of a corporation.

Mutual Agency

Act of a single partner is binding on all members of the partnership.

Raising Capital

The process of obtaining funds to finance business activities, which can be done through equity, debt, or other financial instruments.

Unlimited Life

A financial concept usually related to corporations, indicating that they can continue operating indefinitely unless dissolved by their owners or the law.