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In His Influential 1970 Article, Milton Friedman Protested Against the Notion

Question 11

Multiple Choice

In his influential 1970 article, Milton Friedman protested against the notion of corporate responsibility for corporations. Which of the following is not one of the three main premises of his argument?


A) Social issues and problems are the proper province of the state rather than corporate managers
B) It is managers' responsibility to act solely in the interests of shareholders.
C) Corporate responsibilities limit a corporation's freedom to choose how to pursue its main task of increasing profits.
D) Only human beings have a moral responsibility for their actions.

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