1350 BUSINESS LAW & ETHICS 2.

Question # 00584560
Subject: Law
Due on: 12/15/2017
Posted On: 12/15/2017 12:14 PM
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1350 BUSINESS LAW & ETHICS


• Question 1

Which of the following statements is true about an ethical business?

a. It will always be profitable.

b. It will always satisfy all stakeholders.

c. It will always survive over the long run.

d. It will avoid the consequences of unethical behavior.


• Question 2

Milton Friedman's philosophy on corporate behavior is:

a. a business serves its shareholders best by serving the community.

b. a business serves its shareholders best by serving society at large.

c. a business serves its shareholders best by serving regulatory interests.

d. a business serves its shareholders best by serving shareholders.


• Question 3

Which of the following is not a question for the Blanchard/Peale test for ethical behavior?

a. Is it legal?

b. Does it follow industry code?

c. Is it balanced?

d. How does it make me feel?


• Question 4

A writ of certiorari:

a. is issued for every case appealed to the U.S. Supreme Court.

b. applies only to cases of original jurisdiction.

c. is an order issuing a decision to hear a case.

d. none of the above


• Question 5

In which of the following courts would a trial for violation of the Foreign Corrupt Practices Act be held?

a. state trial court

b. federal district court

c. U.S. Supreme Court since the case involves foreign jurisdictions

d. none of the above

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