Answer:The court’s decision ruled that the laws of Louisiana were not in conflict with the Constitution. The justices wrote that Plessy’s defense wrongly assumed that separate facilities somehow made one race automatically inferior to another.
Further, they ruled that if one race is already socially inferior to another, there was nothing that the Constitution or other acts of legislation could do to fix that. To this end, the majority opinion states that the Fourteenth Amendment “could not have been intended to abolish distinctions based upon color, or to enforce social, as distinguished from political, equality, or a commingling of the two races upon terms unsatisfactory to either.”
Explanation: This comes directly from the answer.
The agency theory examines the relationship between the:
- <u>Owners of the firm and the managers of the firm</u>.
<h3>
Relationship between
owner and
manager</h3>
In the most of firms, especially if it is private, the owner and the manager is the same person, but is important to have a different person in these positions because the manager is the person who operates the company to satisfy the needs of all the shareholders, no just his own goals like the case when is the same owner.
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You still need to pay your sister the $25 because you must keep your word. A promise is a non-negotiable instrument because it is not in writing. If you were to have it in writing that it could be a more arguable case.
I believe that the answer to the question provided above is that for accomplishing this goal it is much needed to maximize the tax for the high earners and give stipends to the less earners.
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