Question 1

Management's behavior sets the ethical tone of a firm.​

Accepted Answer

A) True 
 B)False

Question 2

Few companies provide any kind of support such as ethical training programs to make their ethical codes more effective.​

Accepted Answer

A) True 
 B)False

Question 3

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​

Accepted Answer

A)  ​be entirely met. 
B)  ​not be met. 
C)  ​be partially met. 
D)  ​not need to be met. 
A)  ​be entirely met. 
B)  ​not be met. 
C)  ​be partially met. 
D)  ​not need to be met.

Question 4

Codes of ethical conduct can indicate how employees are expected to act.​

Accepted Answer

A) True 
 B)False

Question 5

As part of a hiring process, Codex Marketing Company conducts an Internet search to discover what a job candidate has posted. To Codex, this act should present​

Accepted Answer

A)  ​an ethical issue. 
B)  ​a legal question. 
C)  ​a personnel problem. 
D)  ​none of the choices. 
A)  ​an ethical issue. 
B)  ​a legal question. 
C)  ​a personnel problem. 
D)  ​none of the choices.

Question 6

Business owners' misbehavior has no negative consequences for their business.​

Accepted Answer

A) True 
 B)False

Question 7

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​

Accepted Answer

A)  ​duty-based ethics. 
B)  ​corporate social responsibility. 
C)  ​religious ethical principles. 
D)  ​outcome-based ethics. 
A)  ​duty-based ethics. 
B)  ​corporate social responsibility. 
C)  ​religious ethical principles. 
D)  ​outcome-based ethics.

Question 8

Religious rules generally are absolute with respect to the behavior of their adherents.​

Accepted Answer

A) True 
 B)False

Question 9

Acting in good faith gives a business firm a better chance of defending its actions in court.​

Accepted Answer

A) True 
 B)False

Question 10

Sometimes, there is no "good" answer to the ethical questions that arise.​

Accepted Answer

A) True 
 B)False

Question 11

The concept of corporate social responsibility is imposed on corporations by law.​

Accepted Answer

A) True 
 B)False

Question 12

Morgan and other executive officers of Regional Economic Development Associates, Inc., apply the utilitarian theory of ethics in business contexts. Utilitarianism focuses on​

Accepted Answer

A)  ​moral values. 
B)  ​religious beliefs. 
C)  ​the consequences of an action. 
D)  ​the nature of an action. 
A)  ​moral values. 
B)  ​religious beliefs. 
C)  ​the consequences of an action. 
D)  ​the nature of an action.

Exam 5: Business Ethics

Management's behavior sets the ethical tone of a firm.​

Few companies provide any kind of support such as ethical training programs to make their ethical codes more effective.​

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​

Codes of ethical conduct can indicate how employees are expected to act.​

As part of a hiring process, Codex Marketing Company conducts an Internet search to discover what a job candidate has posted. To Codex, this act should present​

Business owners' misbehavior has no negative consequences for their business.​

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​

Religious rules generally are absolute with respect to the behavior of their adherents.​

Acting in good faith gives a business firm a better chance of defending its actions in court.​

Sometimes, there is no "good" answer to the ethical questions that arise.​

The concept of corporate social responsibility is imposed on corporations by law.​

Morgan and other executive officers of Regional Economic Development Associates, Inc., apply the utilitarian theory of ethics in business contexts. Utilitarianism focuses on​

Law and Legal Reasoning

Courts and Alternative Dispute Resolution

Court Procedures

Business and the Constitution

Tort Law

Strict Liability and Product Liability

Intellectual Property Rights

Internet Law, Social Media, and Privacy

Criminal Law and Cyber Crime

Nature and Terminology

Agreement in Traditional and E-Contracts

Consideration

Capacity and Legality

Mistakes, Fraud, and Voluntary Consent

The Writing Requirement in Our Digital World

Third Party Rights

Performance and Discharge

Breach of Contract and Remedies

The Formation of Sales and Lease Contracts

Title, Risk, and Insurable Interest

Performance and Breach of Sales and Lease Contracts

Warranties

International and Space Law

Negotiable Instruments

Transferability and Holder in Due Course

Liability, Defenses, and Discharge

Banking in the Digital Age

Creditors Rights and Remedies

Secured Transactions

Bankruptcy Law

Agency Formation and Duties

Agency Liability and Termination

Employment, Immigration, and Labor Law

Employment Discrimination

Small Businesses and Franchises

All Forms of Partnerships

Limited Liability Companies and Special Business Forms

Corporate Formation and Financing

Corporate Directors, Officers, and Shareholders

Mergers and Takeovers

Investor Protection, Insider Trading, and Corporate Governance

Administrative Agencies

Consumer Law

Environmental Protection

Antitrust Law

Professional Liability and Accountability

Personal Property and Bailments

Real Property and Landlord-Tenant Law

Insurance

Wills and Trusts

The Legal Environment of Business

Torts and Crimes

Contracts and E-Contracts

Domestic and International Sales and Lease Contracts

Negotiable Instruments

Creditors Rights and Bankruptcy

Agency and Employment

Business Organizations

Government Regulation

Property and Its Protection

Filters

Management's behavior sets the ethical tone of a firm.

Few companies provide any kind of support such as ethical training programs to make their ethical codes more effective.

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

Codes of ethical conduct can indicate how employees are expected to act.

As part of a hiring process, Codex Marketing Company conducts an Internet search to discover what a job candidate has posted. To Codex, this act should present

Business owners' misbehavior has no negative consequences for their business.

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

Religious rules generally are absolute with respect to the behavior of their adherents.

Acting in good faith gives a business firm a better chance of defending its actions in court.

Sometimes, there is no "good" answer to the ethical questions that arise.

The concept of corporate social responsibility is imposed on corporations by law.

Morgan and other executive officers of Regional Economic Development Associates, Inc., apply the utilitarian theory of ethics in business contexts. Utilitarianism focuses on