Which of the Following Distinguishes Governments from Nongovernmental Not-For-Profit Organizations

question 1

Multiple Choice

Which of the following distinguishes governments from nongovernmental not-for-profit organizations?

• A) Absence of profit motive.
• B) The power to enact and enforce a tax levy.
• C) Resource providers do not expect benefits proportional to the resources provided.
• D) Absence of a defined ownership interest that can be sold,transferred,or redeemed.

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Definitions:

Ethics Shapes

Suggests that ethical principles influence or determine the formation of personal values and behavior.

Business Laws

Set of rules and regulations that govern the formation, operation, and dissolution of businesses.

Contract Laws

Contract laws are the body of laws that govern the formation, execution, and enforcement of agreements between parties.

Business Ethics

The study and examination of moral and ethical principles in the business environment.