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In Kohlberg's theory of moral development, the conventional level is made up of 2 stages: the stage of "good-by or good-girl orientation" and the stage of _______.
Fair Market Value
The price at which an asset would sell under normal market conditions, reflecting the value between willing buyers and sellers.
Operating Policies
Guidelines and regulations formulated by an organization to govern its operational activities and decision-making.
50% Interest
Ownership interest that represents half of the equity capital or voting power in an entity or investment.
Voting Stock
Shares that give the shareholder the right to vote on corporate matters, such as electing the board of directors.
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