Max Weber Used the Term "Charisma" to Explain a Form

question 74

True/False

Max Weber used the term "charisma" to explain a form of influence based on traditional or legal?rational authority systems.

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Definitions:

Partnership Business

A legally recognized form of business where management responsibilities and profits are divided among two or more partners.

Capital Contribution

The injection of assets by the owners or shareholders into a business for operational or investment purposes.

Distributes The Assets

The process of allocating a deceased person's property and assets according to their will or the law in cases of intestacy.

Firm's Existence

The legal status of a company as an entity that can exercise legal rights, fulfill obligations, and face liabilities independently from its owners.