A business owned by shareholders, also called stockholders, who own the rights to the company's profits but face only limited liability for the company's debts and losses.
The equity theory is a theory that is based on one's idea of fairness. One is motivated if he or she feels equity, but when chances that inequity arises, he or she will try to adjust in order to achieve that sense of equity. In the given statements above, the one that accurately describes this theory is the last statement.
Inflation is known to increase price levels, so therefore, the answer is True.