Which of the Following Theories Recognizes the Fact That Every

question 40

Multiple Choice

Which of the following theories recognizes the fact that every business decision affects a wide variety of people-benefiting some and imposing costs on others?

• A)Stakeholder theory
• B)Integrative theory
• C)Altruistic theory
• D)Institutional theory

Learn about the taxation and jurisdictional aspects affecting corporations across state lines.

Recognize the role and limitations of not-for-profit corporations in comparison to for-profit entities.

Understand the modifications and applications of Ti plasmids for plant transformation.

Discern the advantages and considerations in choosing host cells for recombinant DNA technology.

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Definitions:

Legal Detriment

A loss or disadvantage that occurs as a result of a contract or agreement, serving as consideration for a promise in contract law.

Firm Offer

In contract law, a proposal made by a seller to supply goods or services at a fixed price, which cannot be withdrawn for a certain period.

Consideration

Something of value exchanged between parties in a contract that induces them to enter into the agreement.

Bargained-For Exchange

An exchange of promises or performance by parties to a contract that provides the consideration necessary to make the contract legally enforceable.