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.

Answer rating: 100% (QA)

ANSWER Yes it can be asserted that willingness to pay under these circumstances can be reconciled wi... View the full answer