Which of These Obligations Generally Must Be Met, Regardless of Circumstances

question 99

Multiple Choice

Which of these obligations generally must be met, regardless of circumstances?

• A) Dividends
• B) Employee
• C) Fixed debt
• D) Equity
• E) all of these

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Definitions:

Democracy

In a democracy, citizens exercise a high degree of control over the state. They do this mainly by choosing representatives in regular, competitive elections.

Inequality

The unequal distribution of wealth, opportunities, and privileges within a society.

Economic Growth

An increase in the amount of goods and services produced per head of the population over a period of time.

Modernization Theory

A theory that posits that societies progress through stages of economic development, from traditional to modern industrial economies, with corresponding social and cultural changes.