Question 1

Harvard philosopher John Rawls stressed liberty as the most important obligation owed by a society to its members.

Accepted Answer

A) True 
 B)False

Question 2

Discuss which of the social ethics theories listed below you most agree with and why.Discuss your reasons for disagreeing with the others.
a.Distributive justice
b.Social egalitarian
c.Libertarianism

Accepted Answer

Students' answers will vary.The goal of

Question 3

Under which ethical system would it be ethical to compel a few citizens to undergo painful or fatal medical tests in order to develop cures for the rest of the world?

Accepted Answer

A) Utilitarianism. 
B) Ethical fundamentalism. 
C) Distributive justice. 
D) Libertarianism. 
A) Utilitarianism. 
B) Ethical fundamentalism. 
C) Distributive justice. 
D) Libertarianism.

Question 4

Intuitionism holds that rational persons possess inherent powers to assess the correctness of actions.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is a common criticism of deontological ethical theories?

Accepted Answer

A) They are excessively pragmatic. 
B) They are rigid and excessively formal. 
C) They only consider actions by their motives. 
D) They fail to consider universal principles. 
A) They are excessively pragmatic. 
B) They are rigid and excessively formal. 
C) They only consider actions by their motives. 
D) They fail to consider universal principles.

Question 6

Philosophers have found that the most effective way to develop dependable and universal methods for making ethical judgments is to fashion a priori guidelines.

Accepted Answer

A) True 
 B)False

Question 7

Through his observation of human behavior,psychologist Lawrence Kohlberg developed a model of moral development.Describe the stages of moral development that were studied and developed by Kohlberg and the relevance of this model for ethical business behavior.

Accepted Answer

Kohlberg's first stage of moral developm

Question 8

According to Milton Friedman,the social obligation of a corporation is to return as much money as possible to its shareholders.

Accepted Answer

A) True 
 B)False

Question 9

Nineteen-year-old Martin was raised in a good,Christian home and attended parochial school through eighth grade.Martin is a good student and citizen who conforms to the expectations of his church,family,and peers.He does so because he loves his family and church,is loyal to them,and trusts them.Under Kohlberg's schematic analysis,Martin is most likely at what stage of moral development?

Accepted Answer

A) Pre-conventional. 
B) Conventional. 
C) Post-conventional. 
D) Adult. 
A) Pre-conventional. 
B) Conventional. 
C) Post-conventional. 
D) Adult.

Question 10

Although corporations are not persons but artificial entities created by the state,it is clear that they can and should be held morally accountable.

Accepted Answer

A) True 
 B)False

Question 11

The ethical decision making approach that views ethical decisions from the actor's perspective and then judges whether the decisions were ethical is:

Accepted Answer

A) ethical fundamentalism. 
B) ethical relativism. 
C) situational ethics. 
D) act utilitarianism. 
A) ethical fundamentalism. 
B) ethical relativism. 
C) situational ethics. 
D) act utilitarianism.

Question 12

An ethical decision-making approach that relies on a central authority or set of rules,such as the Koran or the Bible,is:

Accepted Answer

A) ethical fundamentalism. 
B) ethical relativism. 
C) rule utilitarianism. 
D) act utilitarianism. 
A) ethical fundamentalism. 
B) ethical relativism. 
C) rule utilitarianism. 
D) act utilitarianism.

Question 13

From a Kantian perspective,for an action to be moral,it must be possible for it to be made into a universal law and it must be respectful of the autonomy and rationality of all human beings.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following presents ethical dimensions for a business?

Accepted Answer

A) Possible pollution of the physical environment. 
B) Conflicts among differing cultures and value systems in international transactions. 
C) Compensation and working conditions of employees. 
D) All of the above. 
A) Possible pollution of the physical environment. 
B) Conflicts among differing cultures and value systems in international transactions. 
C) Compensation and working conditions of employees. 
D) All of the above.

Question 15

What is unjust to a social egalitarian will also be unjust to a libertarian.

Accepted Answer

A) True 
 B)False

Question 16

Ethical relativism holds that when any two individuals or cultures differ regarding the morality of a particular issue or action,they are both correct because morality is relative.

Accepted Answer

A) True 
 B)False

Question 17

Kant's approach,like that of ethical fundamentalists,asserts that universal laws stem from the direct pronouncements of God.

Accepted Answer

A) True 
 B)False

Question 18

The "Television Test" is a test that is generally accepted by adherents of intuitionism.

Accepted Answer

A) True 
 B)False

Question 19

Under the stakeholder model,a derivative of the social contract theory,a corporation has fiduciary responsibilities to more than just its stockholders.

Accepted Answer

A) True 
 B)False

Question 20

Discuss the arguments for and against businesses' involvement in socially responsible activities.

Accepted Answer

The prime responsibility of business is

Exam 2: Business Ethics

Harvard philosopher John Rawls stressed liberty as the most important obligation owed by a society to its members.

Discuss which of the social ethics theories listed below you most agree with and why.Discuss your reasons for disagreeing with the others. a.Distributive justice b.Social egalitarian c.Libertarianism

Under which ethical system would it be ethical to compel a few citizens to undergo painful or fatal medical tests in order to develop cures for the rest of the world?

Intuitionism holds that rational persons possess inherent powers to assess the correctness of actions.

Which of the following is a common criticism of deontological ethical theories?

Philosophers have found that the most effective way to develop dependable and universal methods for making ethical judgments is to fashion a priori guidelines.

Through his observation of human behavior,psychologist Lawrence Kohlberg developed a model of moral development.Describe the stages of moral development that were studied and developed by Kohlberg and the relevance of this model for ethical business behavior.

According to Milton Friedman,the social obligation of a corporation is to return as much money as possible to its shareholders.

Although corporations are not persons but artificial entities created by the state,it is clear that they can and should be held morally accountable.

The ethical decision making approach that views ethical decisions from the actor's perspective and then judges whether the decisions were ethical is:

An ethical decision-making approach that relies on a central authority or set of rules,such as the Koran or the Bible,is:

From a Kantian perspective,for an action to be moral,it must be possible for it to be made into a universal law and it must be respectful of the autonomy and rationality of all human beings.

Which of the following presents ethical dimensions for a business?

What is unjust to a social egalitarian will also be unjust to a libertarian.

Ethical relativism holds that when any two individuals or cultures differ regarding the morality of a particular issue or action,they are both correct because morality is relative.

Kant's approach,like that of ethical fundamentalists,asserts that universal laws stem from the direct pronouncements of God.

The "Television Test" is a test that is generally accepted by adherents of intuitionism.

Under the stakeholder model,a derivative of the social contract theory,a corporation has fiduciary responsibilities to more than just its stockholders.

Discuss the arguments for and against businesses' involvement in socially responsible activities.

Introduction to Law

Civil Dispute Resolution

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Administrative Law

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Intentional Torts

Negligence and Strict Liability

Introduction to Contracts

Mutual Assent

Conduct Invalidating Assent

Consideration

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Contractual Capacity

Contracts in Writing

Third Parties to Contracts

Performance, Breach, and Discharge

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Introduction to Sales and Leases

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Transfer of Title and Risk of Loss

Product Liability: Warranties and Strict Liability

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Transfer and Holder in Due Course

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Relationship of Principal and Agent

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Formation and Internal Relations of General Partnerships

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Nature and Formation of Corporations

Financial Structure of Corporations

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Secured Transactions and Suretyship

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