Positivists See the World

question 38

Multiple Choice

Positivists see the world:

• A)very clearly.
• B)as being a very positive place.
• C)as having one reality of which we are all a part.
• D)as being comprised of multiple realities.

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Definitions:

Disinterested Directors

Board members who do not have a personal financial interest in a corporate decision, ensuring unbiased governance.

Quorum Of The Board

The minimum number of board members that must be present at a meeting to legally conduct business.

Nonprofit Corporation

A legal entity organized and operated for a collective, public or social benefit, rather than to generate profit for owners or investors.

Business Judgment Rule

A legal principle that shields corporate executives from liability for decisions made in good faith and with the belief that they were in the best interest of the company.