The contractual theory of corporations states that____________.
A) corporations have an implicit contract with society at large
B) corporations make transactions easier than they otherwise would be
C) individuals would be able to do business most easily without contracts
D) when individuals pool their assets they are more likely to act with social responsibility
Correct Answer:
Verified
Q1: According to stakeholder theory,_ _ .
A)stakeholders invest
Q5: Property can generally be defined as_.
A) some
Q5: Shareholders have governance over a company in
Q7: Adolf Berle argued against public responsibility of
Q8: The central argument for shareholder control of
Q9: An effective corporate ethics program should include
Q10: Explain the reasons why shareholder theory of
Q10: The property rights theory of corporations has
Q12: Explain Dodd's argument that corporations have a
Q13: The social institution theory of corporations has
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