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Question
In the context of legal framework, which of the following statements is true about the property system?
A. The state takes ownership of resources directly as a result of legislation provided.
B. The citizens acquire resources primarily through taxation.
C. The state enforces rights when people legally have exclusive property rights in scarce resources.
D. The state primarily plans what people should do and allocates the resources.
E. The state limits and excludes any redistribution of resources through voluntary exchange.
Answer
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Related questions
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B. It views lying as an unethical practice.
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D. It is primarily a duty-based view of ethics.
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The primary goal or end of business leaders is to produce a profit. This orientation reflects _____.
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C. consequentialism
D. the Protestant ethic
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