BUSINESS 124
Central Georgia Technical College
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BUSINESS 124 Law Unit 2 Challenges Sophia Questions and Answers(100% VERIFIED A+ GRADED )2024 LATEST VERSION
- Exam (elaborations) • 27 pages • 2024
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Business Law Unit 2 Challenges Sophia 
Business Law Unit 2 Challenges Sophia 
Unit no # 2 
Challenge no #2 
The purpose of contracts is __________. 
· a.) 
to equalize outcomes in capitalistic societies 
· b.) 
to prevent people from making independent choices 
· c.) 
to encourage the exchange of goods and services between people 
· d.) 
to maintain a traditional social hierarchy 
Contracts function as a symbol of __________ in modern society. 
· a.) 
chaos 
· b.) 
individual freedom 
· c...
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BUSINESS 124 Unit 1 Milestone Questions and Answers(100% VERIFIED A+ GRADED )2024 LATEST VERSION
- Exam (elaborations) • 14 pages • 2024
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UNIT 1 — MILESTONE 1 
1 
Which of the following is an example of a sole proprietorship? 
 
Shawn is a partner in a successful downtown law firm. He has a number of 
clients that he is exclusively responsible for, so he works very hard to make sure 
they're happy with his services. 
 
Matt and Carlene are both owners of a business that sells hand-crafted home 
goods via the Internet. Although they both own the business, Matt is solely 
responsible for the business operations. 
 
Issa ...
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Business Law Unit 2 Challenges Sophia Questions and Answers(100% VERIFIED A+ GRADED )2024 LATEST VERSION
- Exam (elaborations) • 27 pages • 2024
-
- $10.49
- + learn more
Business Law Unit 2 Challenges Sophia 
Business Law Unit 2 Challenges Sophia 
Unit no # 2 
Challenge no #2 
The purpose of contracts is __________. 
· a.) 
to equalize outcomes in capitalistic societies 
· b.) 
to prevent people from making independent choices 
· c.) 
to encourage the exchange of goods and services between people 
· d.) 
to maintain a traditional social hierarchy 
Contracts function as a symbol of __________ in modern society. 
· a.) 
chaos 
· b.) 
individual freedom 
· c...
-
Business Law Unit 3 Challenges Sophia Questions and Answers(100% VERIFIED A+ GRADED )2024 LATEST VERSION
- Exam (elaborations) • 19 pages • 2024
-
- $9.49
- + learn more
Business Law Unit 3 Challenges Sophia 
Business Law Unit 3 Challenges Sophia 
Unit no #3 
Challenge no 1 
Which of the following is the fundamental definition of property ownership? 
· a.) 
The right to control property 
· b.) 
The possession of property 
· c.) 
The right to exclude others from property 
· d.) 
The right to acquire property 
Which of the following is true of property ownership in the United States? 
· a.) 
Nonhuman legal persons, such as corporations, may own property. 
· ...
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