Logical Reasoning

PT131 · S2 · Q2 Price: A corporation's primary

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Price: A corporation's primary responsibility is to its shareholders.

Price Albrecht

A corporation’s primary The corporation’s responsibility is to its primary responsibility shareholders. should be to [employees].

[Shareholders] take the Shareholders typically greatest risks. have diversified investment portfolios. For employees, however, the well-being of the corporation for which they have chosen to work represents their very livelihood.

Evaluate

Price and Albrecht disagree about where the primary responsibility of the corporation should be and whether shareholders or employees take the greatest risk

2.

On the basis of their statements, Price and Albrecht are committed to disagreeing about whether

  1. corporations have a responsibility to

    Half Scope

    While Price would agree with this statement, Albrecht does not address it.

    15% picked this

  2. corporations are responsible for the

    Half Scope

    While Albrecht would agree with this statement, Price does not address it.

    1% picked this

  3. means should be provided for

    Out of Scope

    Neither Price nor Albrecht discuss the means by which a corporation’s investors might recoup their losses if the corporation goes bankrupt.

    1% picked this

  4. Correct

    a corporation's shareholders have more

    Why this is right

    Price would agree with this statement, since she says that "shareholders take the greatest risks". Albrecht would disagree, because he says "shareholders have diversified portfolios (implying, if they lose one investment because a company goes bankrupt, they still have other investments). Meanwhile, for employees the success/failure of the corporation represents their very livelihood."

    Skill tested: Agree/Disagree · how this choice captures the argument's function is the move to repeat next time.

    82% picked this

  5. the livelihood of some of

    Unsupported

    Neither Price nor Albrecht would agree with this statement.

    2% picked this

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