When You Own Part of a Company and Share in Its

question 11

Multiple Choice

When you own part of a company and share in its profits, we say that you have:

• A) equity in that company.
• B) credit with that company.
• C) intermediary stock in that company.
• D) financial diversification in that company.

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Definitions:

John Rawls

An American political philosopher in the liberal tradition, best known for his theory of justice as fairness, which emphasizes a system of cooperation and equality in political and social institutions.

Communitarian

One who holds a theory of society that emphasizes the interdependence of individuals within the context of particular communities. A communitarian view understands the citizen not in terms of his or her rights but rather his or her duties (“Ask not what your country can do for you, but what you can do for your country”). In the communitarian view, the self is sometimes understood as a function of society rather than an independent entity.

Libertarian

A political and philosophical stance emphasizing individual freedom and voluntary association with minimal state intervention.

Right

A claim or entitlement justified by law, custom, or morality.