Which One of the Following Is an Economic Obligation for a Business

question 125

Multiple Choice

Which one of the following is an economic obligation for a business entity?

• A)Salaries paid to employees for services rendered
• B)Materials used in manufacturing products
• C)Amounts owed to creditors
• D)Payment of rent for the next year

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Definitions:

Symbolic Interactionist

A perspective in sociology and social psychology that focuses on how individuals interpret and give meaning to symbols, interactions, and social processes in their daily lives.

Conflict

A dynamic process arising from perceived or real incompatibilities or oppositions between individuals, groups, or interests, which may result in physical, verbal, or psychological struggle.

Functionalist

A perspective in sociology that views society as a complex system whose parts work together to promote solidarity and stability, focusing on the functions of each part in maintaining social order.

Feminist

A person who supports feminism, which advocates for equal rights between genders, challenging gender-based inequalities and promoting gender equity.