Historically, _____________Responsibility Means Making a Profit by Producing a Product

question 45

Multiple Choice

Historically, _____________responsibility means making a profit by producing a product valued by society. It has been the most basic social responsibility of a business.

• A) discretionary
• B) ethical
• C) legal
• D) fiscal
• E) economic

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Definitions:

Altered

Altered denotes something that has been changed, modified, or adjusted from its original form or state.

Negotiable

A term indicating that the terms and conditions of something, such as a financial instrument or contract offer, can be discussed and altered by involved parties.

Conversion

The unauthorized act of taking someone else's property and converting it to one's own use, violating the owner's rights.

Indorsement

The act of signing one's name on the back of a check or other negotiable instrument for the purpose of transferring ownership or to approve the terms.