Which of the following statements is true?
A. Some laws have nothing to do with morality.
B. If something is immoral, then it is also prohibited by law.
C. Usually, we learn moral right and wrong from the law.
D. All of the above.
E. None of the above.
A
Business
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Banks do not want to hold too much capital because
A) they do not bear fully the costs of bank failures. B) higher returns on equity are earned when bank capital is smaller, all else equal. C) higher capital levels attract the scrutiny of regulators. D) all of the above. E) only A and B of the above.
Business
Which of the following accounts has a normal credit balance?
A) Accounts Receivable B) Taxes Payable C) Patents D) Equipment
Business