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Realz88 Realz88
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5 years ago
Which of the following is true of Friedman's conception of a corporation?
a) The corporation engages in involuntary transactions with both resource
providers and customers.
b) In an inefficient capital market, shareholders will unanimously prefer that the firm be operated to maximize its market value.
c) The corporation is managed by shareholders who act as agents.
d) A corporation is a voluntary association of individuals who have joined together for a mutual purpose.
Textbook 
Business and Its Environment

Business and Its Environment


Edition: 7th
Author:
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jacksonfive09jacksonfive09
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Posts: 431
5 years ago
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Realz88 Author
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Smart ... Thanks!
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