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MGT 231 – The owner of a small business felt an obligation to pay $15,000

01 / 10 / 2021 Projects

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MGT 231 – The owner of a small business felt an obligation to pay $15,000

The owner of a small business felt an obligation to pay $15,000 to a subcontractor, even though, because of an oversight, the subcontractor had never submitted a bill. Can willingness to pay under these circumstances be reconciled with the profit goal of a business in a free enterprise system? Explain your answer.



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