The Private Enterprise System Guarantees a Profit for Each Business

question 125

True/False

The private enterprise system guarantees a profit for each business firm, as long as it does not break the law.

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Definitions:

Credit Information

Data related to a person's or organization's credit history and current credit status, used by lenders to assess creditworthiness.

Credit Information

Data that relates to the creditworthiness of an individual or company, including transaction history and financial behavior.

Ethical Obligation

A moral responsibility or duty that guides individuals' actions and decisions, often determined by societal norms or professional guidelines.

Legal Obligation

A duty bound by law, requiring individuals or organizations to act or abstain from acting in a specified manner.