PHI 445 Week 2 Quiz Set 1 According To Karl Marx, History Is The Record Of

PHI 445 Week 2 Quiz Set 1 According To Karl Marx, History Is The Record Of

PHI 445 Week 2 Quiz Set 1 According To Karl Marx, History Is The Record Of

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1.         Question :        In 2007, a defense contractor was found guilty for working with a co-conspirator to submit bids with increased prices for a bulletproof vest contract so that a particular company would win the contract at a lower price. This is an example of

2.         Question :        In the late 1990s, Google, Yahoo, and MSN purchased most of the existing search engines, such as Lycros and Jeeves. Google now holds approximately a 90% share of the market. This is an example of

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3.         Question :        According to Karl Marx, history is the record of

4.         Question :        Antitrust acts such as the Sherman Antitrust Act of 1980 were passed to protect against

5.         Question :        The idea that consumers buy luxury items without considering the hard labor that went into making them is part of the viewpoint of

6.         Question :        _________ claimed that if businesses were allowed to follow their own self-interest, the economy of the country would improve.

7.         Question :        One feature of a corporation is that it can continue indefinitely beyond the lives of individual managers and stockholders of the corporation. This is called

8.         Question :        When a company’s leaders have the illusion of invulnerability that causes them to underestimate factors that lead to failure, this is an example of:

9.         Question :        States have the authority to grant corporate charters, which give permission for corporations to exist. When a state decides to revoke a corporation’s charter because of some egregious crime, this is called corporate

10.       Question :        Which of the following is not a business structure recognized by the U.S. Internal Revenue Service?

11.       Question :        According to economist Milton Friedman

12.       Question :        You are a shareholder in a corporation that filed bankruptcy. The liabilities will be more than the assets. What you will be required to pay will be based on

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