The right to profit means that the _____.
A)owner is legally guaranteed the right to all profits (after taxes)that are earned by a business
B)right to such profits without any form of deduction
C)government will guarantee a profit
D)firm has to earn only profits

Question

Quizplus · Accepted Answer

The right to profit means that the owner of a business is legally entitled to all profits that are earned by the business after taxes. This means that the owner can keep the profits for themselves, reinvest the profits back into the business, or distribute the profits to shareholders. It does not mean that the government guarantees a profit, nor does it require a firm to earn only profits.

The Right to Profit Means That the _____