Arizona Health Insurance Practice Exam

What term describes the refusal to do business with an individual or organization?

1. Discrimination

2. Boycott

3. Prohibition

4. Rejection

The correct answer is: Boycott

The term that describes the refusal to do business with an individual or organization is "boycott." A boycott involves voluntarily abstaining from purchasing goods or services from a specific entity, often as a form of protest or to express disapproval regarding certain practices or policies. It is a collective action typically aimed at exerting economic pressure to bring about change. Discrimination, while it involves treating individuals differently based on certain characteristics, does not specifically refer to the refusal to do business. Prohibition generally refers to the legal prevention of something, such as the prohibitive laws against certain substances, and rejection signifies dismissing something but lacks the collective economic implication that a boycott entails. Therefore, "boycott" is the most accurate term to capture the idea of intentionally refusing to engage in business interactions as a form of protest or disagreement.