Multiple Choice
Which of the following would be considered an example of formal institutions?
A) Laws
B) Norms
C) Cultures
D) Ethics
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q9: _ are exclusive legal rights of firms
Q10: Disabling formal institutes does not affect transaction
Q11: Patents are exclusive rights of firms to
Q12: The normative pillar supports informal institutions.
Q13: Civil law uses comprehensive statutes and codes
Q15: Which of the following would be considered
Q16: _ are represented by laws,regulations,and rules.<br>A) Normative institutions <br>B) Sociocultural
Q17: Firms operating in democracies never confront political
Q18: In private ownership,liquidation of a firm is
Q19: A mixed economy has elements of both