Equity Exists When

question 3

Multiple Choice

Equity exists when

• A)rewards are distributed in proportion to individuals' contributions.
• B)partners share equally in the rewards of collective effort.
• C)rewards are distributed in relation to individuals' needs or deservingness.
• D)group members decide among themselves how rewards should be distributed.

---

Definitions:

Intangible Assets

Rights, privileges, and competitive advantages that result from the ownership of long-lived assets that do not possess physical substance.

Long-Lived Assets

Assets that are expected to provide economic benefits to a company for a period longer than one year.

Physical Substance

An attribute indicating that an asset has tangible form and can be perceived by the senses.

Copyright

A legal right granting the creator of an original work exclusive rights to its use and distribution, typically for a limited time.