Which of the Following Is NOT Generally Considered to Be

question 129

Multiple Choice

Which of the following is NOT generally considered to be a part of the rules that govern behavior in most nations:

• A) ethics
• B) psychology
• C) social customs
• D) administrative rules
• E) all of the other choices are NOT parts of the rules

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Definitions:

Limited Liability

A legal structure for businesses that protects its owners' personal assets from the company's debts and liabilities.

Corporation

A legal entity that is separate and distinct from its owners, allowing it to own assets, incur liabilities, and conduct business in its name.

General Partnership

A type of business partnership where all partners share management responsibilities and are equally liable for business debts and obligations.

Pooled Talents

The combining of skills, knowledge, and abilities from multiple individuals or teams to achieve a common goal.