Question 1

According to the traditional law of agency,which statement is true?

Accepted Answer

A) law of agency is not legal concept but a moral standard of loyalty that employees today seldom follow. 
B) employees are under a legal obligation to act loyally and in good faith and to carry out lawful instructions. 
C) an employee's work contract is irrelevant to his or her moral obligations for legal reasons. 
D) no moral value is more important than loyalty,whether to a person or an organization.

Question 2

The Sarbanes-Oxley Act weakened legal protections for whistle-blowers.

Accepted Answer

A) True 
 B)False

Question 3

According to Norman Bowie,a discussion of whistle-blowing in the 1990s parallels the discussion of civil disobedience in the 1960s.

Accepted Answer

A) True 
 B)False

Question 4

How do trade secrets differ from information that is patented or copyrighted?

Accepted Answer

The answer of How do trade secrets differ from information...

Question 5

The Foreign Corrupt Practices Act (FCPA)

Accepted Answer

A) doesn't apply to countries where bribery is common. 
B) makes no distinction between bribery and extortion. 
C) provides stiff fines but not prison sentences for corporate officials engaging in bribery overseas. 
D) outlaws "grease payments".

Exam 10: Moral Choices Facing Employees

According to the traditional law of agency,which statement is true?

The Sarbanes-Oxley Act weakened legal protections for whistle-blowers.

According to Norman Bowie,a discussion of whistle-blowing in the 1990s parallels the discussion of civil disobedience in the 1960s.

How do trade secrets differ from information that is patented or copyrighted?

The Foreign Corrupt Practices Act (FCPA)