The correct answer is: "the private citizen who owns the factory".
It would be more accurate to say the private citizens who own the factory, as it is likely that the capital of the corporation is divided in shares, whose owners are in turn, also owners of the corporation in the proportion evidenced by the number of shares they hold.
The losses generated by the fire will be assumed by the capital available in the firm, and due to the increase suffered in the costs, owners will suffer a decrease in their dividends which are the return they receive for their invesment. In case that the available capital is not enough, investors can decide either to invest more money or to let the corporation go bankrupt. It is possible that the local community provides some aid in terms of funding in a mixed economy, to prevent job losses for example, but it is not mandatory that they do so.
In order to afford the large and immediate payments required in case of an unpredictable disaster or accident without risking the solvency of the whole business, firms sign insurance contracts and make periodic payments so that in case of an accident the insurance company would face all costs.
The Navigation Acts (1651, 1660) were acts of Parliament intended to promote the self-sufficiency of the British Empire by restricting colonial trade to England and decreasing dependence on foreign imported goods.
It ruled the act constitutional.
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Answer:
True.
Explanation:
People who oppose the War on Drugs argue that drug offenders should not be incarcerated because most of them are not violent criminals, and being a drug addict should not be considered a crime but a disease, and correspondingly, should be treated by medical professionals.
Unfair incarceration of drug offenders contributes to the break up of families, specially in low-income areas, and this phenomenon as a whole affects society. Children born in households with incarcerated parents are more likely to be poor, to become addicts themselves, or to commit crimes in the future.