Which of the following is consistent with the American view of the independent enterprise?
A) A corporation should fall under the control of the state government.
B) A corporation is an entity that has rules and continuity of existence.
C) The largest proportion of a corporation's profits must go to social causes.
D) A company should be equally owned by all employees and stakeholders.
E) Corporations do not take precedence over family and social relationships.

Question

Quizplus · Accepted Answer

The acceptance of the idea that independent enterprise is an instrument for social action is the fundamental concept of U.S. corporations. A corporation is recognized as an entity that has rules and continuity of existence and is a separate and vital social institution.

Which of the Following Is Consistent with the American View