Choose the correct statement.

A. What we do in pursuit of our self dash interest is independent of the social interest.

B. Social interest and self dash interest can come into conflict.

C. You make choices based on what you think is best for society as a whole.

D. Choices that are the best for more than one person are said to be in the social interest.

Question

Jacob Glass

Business

20 April, 10:34

Choose the correct statement.

A. What we do in pursuit of our self dash interest is independent of the social interest.

B. Social interest and self dash interest can come into conflict.

C. You make choices based on what you think is best for society as a whole.

D. Choices that are the best for more than one person are said to be in the social interest.

+2

Answers (1)

Know the Answer?

Aylin Davenport · Answer 1

The correct answer is D. Choices that are the best for more than one person are said to be in the social interest.

Explanation:

The social interest is a concept sufficiently clarified in Company Law. The Capital Companies Law refers to it in terms of challenging social agreements: if an agreement is not in accordance with the corporate interest, it can be challenged. It is only negatively contested, that is, if the plaintiff can argue that the agreement is contrary to the social interest, so that it is not a validity requirement that the agreement be in accordance with the social interest. Likewise, if the administrators act against the social interest when they exercise their discretionary powers, they incur responsibility for violation of their duty of loyalty.