All of the Following Are Basic Functions of the Law

question 83

Multiple Choice

All of the following are basic functions of the law except:

• A) to define relationships among society's members
• B) to redefine social relations and ensure social flexibility
• C) to allocate authority to employ coercion
• D) to mark out proper behavior under unspecified circumstances

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Definitions:

ROA

Return on Assets; a profitability ratio that measures how efficiently a company can manage its assets to produce profits during a period.

Total Equity

The residual interest in the assets of an entity after deducting liabilities; essentially, it represents the ownership value in the firm.

ROE

Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how effectively management is using a company’s assets to create profits.