Exam 6: Business Ethics
Exam 1: Law and Legal Reasoning72 Questions
Exam 2: Business and the Constitution72 Questions
Exam 3: Courts and Alternative Dispute Resolution72 Questions
Exam 4: Tort Law72 Questions
Exam 5: Criminal Law and Cyber Crime72 Questions
Exam 6: Business Ethics72 Questions
Exam 7: Nature and Terminology72 Questions
Exam 8: Agreement in Traditional and E-Contracts72 Questions
Exam 9: Consideration, Capacity, and Legality72 Questions
Exam 10: Defenses to Contract Enforceability72 Questions
Exam 11: Third Party Rights and Discharge72 Questions
Exam 12: Breach of Contract and Remedies72 Questions
Exam 13: Intellectual Property Rights72 Questions
Exam 14: Internet Law, Social Media, and Privacy72 Questions
Exam 15: The Formation of Sales and Lease Contracts72 Questions
Exam 16: Performance, Breach, and Warranties of Sales and Lease Contracts72 Questions
Exam 17: Agency Relationships in Business72 Questions
Exam 18: Small Businesses and Limited Liability Companies72 Questions
Exam 19: Corporations72 Questions
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In making decisions for Commercial Janitorial & Maintenance Services, Inc., Isaiah uses a cost-benefit analysis. This analysis is part of
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(Multiple Choice)
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Correct Answer:
D
Flexo Trucking Company transports hazardous waste. Garn is a Flexo driver, whom the company knows drives longer hours than federal regulations permit. One night, Garn exceeds the limit and has an accident. Spilled chemicals contaminate Hill City's water source, forcing the residents to move away. Flexo acted unethically because
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(Multiple Choice)
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Correct Answer:
A
Ethical reasoning is the process through which an individual links his or her moral convictions or ethical standards to the particular situation at hand.
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(True/False)
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Correct Answer:
True
Daisy works for eMarketing, Inc. Her job includes putting "spin" on the firm's successes and failures. In this context, ethics has to do with how businesspersons, in making their decisions, apply
(Multiple Choice)
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Business ethics looks at the decisions that businesses make or have to make and whether those decisions are right or wrong.
(True/False)
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Recreation & Sports Equipment Corporation sells a product that is capable of seriously injuring consumers who misuse it in a foreseeable way. Does the firm owe an ethical duty to take this product off the market? What conflicts might arise if the firm stops selling this product?
(Essay)
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Ryland, an officer for Sports Park, Inc., attempts to apply a duty-based approach to ethical reasoning in conflicts that occur on the job. This approach is based on the idea that a person must
(Multiple Choice)
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Frances, an executive with GMO Seed & Feed, Inc., has to decide whether to market a product that could offer substantial benefits but might also have potentially serious side effects for a small percentage of users. How should Frances decide whether to sell the product? How does the standard of ethics that is applied affect this answer?
(Essay)
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According to the view that Applied Engineering Corporation is a "citizen," the firm is expected to
(Multiple Choice)
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In business deals, Fiona, the chief executive officer of Glazed Donuts, Inc., follows duty-based ethical standards. These are most likely derived from
(Multiple Choice)
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Steaks n' Fries Restaurant Company's decision makers view a particular risk in the consumption of Steaks n' Fries' products as open and obvious. Continuing to market the products without explicitly telling consumers of the risk could be justified from a perspective of
(Multiple Choice)
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Big Box Retail Stores, Inc. fires its employee Craig for criticizing his manager Daria in posts on social media forums. According to the National Labor Relations Board, this discharge is
(Multiple Choice)
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The concept of corporate social responsibility is imposed on corporations by law.
(True/False)
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Some provisions of U.S. bribery laws are directed toward accountants.
(True/False)
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Sometimes, there is no "good" answer to the ethical questions that arise.
(True/False)
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Managers must apply the same ethical standards to their employees as they do to themselves.
(True/False)
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Ethical reasoning is the process through which an individual rationalizes whatever action he or she chooses to take.
(True/False)
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Invested Capital Corporation provides other firms with funds to expand operations. If Invested Capital strictly complies with existing laws, the firm's business ethics obligations will
(Multiple Choice)
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The effectiveness of internal company codes of ethics is determined by the degree of their enforcement by legal authorities.
(True/False)
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