What Is the Difference Between Responsibility and Responsiveness? How Is

question 77

Essay

What is the difference between responsibility and responsiveness? How is the tension between these built into the U.S. Congress? Support your answer with specific examples from the textbook.

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Definitions:

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the number of outstanding shares.

Earnings Per Share

Earnings Per Share (EPS) is a measure of a company's profitability, calculated as net income divided by the number of outstanding shares.

Legal Capital

The portion of a company's capital, represented by the par value of its issued shares, that cannot legally be distributed to shareholders as dividends.

Contributed Capital

Contributed Capital, also known as paid-in capital, refers to the amount of money raised by a company through the sale of its equity shares.