Which Perspective Argues That Laws Are Made to Serve and Represent

question 57

Multiple Choice

Which perspective argues that laws are made to serve and represent the interest of the public majority?

• A)The hierarchical perspective
• B)The dominant perspective
• C)The conflict perspective
• D)The consensus perspective

---

Definitions:

Investors' Money

Funds provided by investors to be used in business activities with the expectation of future returns.

Financial Statements

Reports created from accounting records that summarize a firm’s performance in money terms.

Cost of Capital

Refers to the opportunity cost of making a specific investment, representing the rate of return that could have been earned by putting the same money into a different investment with equal risk.

Short-Term Debt

Obligations or loans that are due to be paid back within a short period, typically one year or less.