Which Theory Says That Public Policy Largely Results from a Variety

question 5

Multiple Choice

Which theory says that public policy largely results from a variety of interest groups competing with one another to promote laws that benefit members of their respective groups?

• A) cooperativism
• B) majoritarianism
• C) pluralism
• D) capitalism
• E) legalism

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Definitions:

Partnership Liquidation

The process of winding up a partnership's operations, distributing its assets to creditors and shareholders, and terminating its existence.

Legal Action

A formal proceeding in a court of law where a party seeks a legal remedy, such as the enforcement of rights, redress of grievances, or settlement of disputes.

Unpaid Debts

Liabilities or amounts owed that have not yet been paid or settled.

Liquidation Expenses

Costs associated with the process of dissolving a company, including paying off debts and distributing remaining assets to shareholders.