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The Weberian notion that we acknowledge the rightful roles of our leaders or laws is called legitimacy.
What is the real definition of legitimacy?
A typical definition of legitimacy in political science and sociology is the conviction that a law, institution, or leader has the authority to rule. An individual's assessment of the propriety of a hierarchy between a rule or ruler and the subject, as well as the subordinate's duties to the rule or ruler, is involved.
What is the importance of legitimacy?
The accomplishment of progress in a legitimate government depends on legitimacy. Legitimacy is the acceptance and acknowledgment by the general public of a leader's moral authority to rule, formulate, and carry out political choices.
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Answer:D. a demander of funds in the financial market.
Explanation:
The money of a state usual comes from the people through taxes , everything one buys in most countries is taxed and the tax money goes to the government who use it as a state money .
This money is sometimes used for people who receive government allowances.
Some money is used to finance certain projects and operations .
This makes governments to be typically net demanders of funds.They usually borrow way more than they save and sometimes it even get misused due to mismanagement.
Answer:
The minimum period of time that a meeting must be held after sending the financial statements will depend on the need to discuss these statements, however, a period of approximately 1 hour may be adequate.
Explanation:
Financial statements are made up of reports that have the ability to influence a company's decisions regarding spending, payments and production over a given period of time. These demonstrations are very important for new business strategies to be established, either to maintain the company's success, or to improve some factor. Because of this importance, it is necessary that the meetings used to discuss these demonstrations have an adequate period of time, allowing a full reasoning of all involved. These meetings can last a minimum of 1 hour, but this can vary according to the need.
