Only Organisations Created for the Purpose of Making a Profit

question 30

True/False

Only organisations created for the purpose of making a profit are considered partnerships.

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Definitions:

Mores

Core norms that most people believe are essential for the survival of their group or society.

Laws

The system of rules created and enforced through social or governmental institutions to regulate behavior, ensuring order, safety, and justice within a society.

Taboos

Are among the strongest norms. When someone violates a taboo, it causes revulsion in the community, and punishment is severe.

Material Objects

Physical items that are created or shaped by human beings and hold social, economic, or cultural significance.