Which of the Following Is Associated with the Classical View

question 127

Multiple Choice

Which of the following is associated with the classical view of social responsibility?

• A)concern for social welfare
• B)financial return for stockholders
• C)voluntary activities
• D)responsibility toward all stakeholders

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Definitions:

Anti-Assignment Clause

A provision in a contract that prohibits the transfer of rights or delegation of duties to another party without the original party's consent.

Obligee

The party in a contract or agreement who is entitled to receive a benefit or performance from the other party, known as the obligor.

Delegatee

An individual or party to whom a task, duty, or responsibility has been delegated or transferred.

Personal Services

Services provided to individuals that may include care, advice, or professional work, typically requiring personal skills or effort.