To understand the Friedman Doctrine, you must understand the relationship people have to the firm. In other words, you must understand the difference between shareholders and _________.

Checks and balances that exist among the branches of federal government in the United States is shown by which statement?

Imagine you are a lawyer and you know your client is guilty of a breach of contract. Which of the following applied to your situation?

The practice of judicial review:

What is an ethical obligation a business has to its customers?

Which of the statements below most closely resembles Milton Friedman’s philosophy on corporate behavior?

According to the example discussed in the lecture, a business has an ethical obligation to society to reduce __________.

What governmental entity determines the extent and scope of the rights and protections in the U.S. Constitution?

Which of the following is not an ethical breach?

Elected officials who like the increased authority awarded to their position would most likely subscribe to which theory?