Business Ethics and Social Responsibility Exam Practice Tests
Course Introduction
This course explores the fundamental principles and theories of business ethics and examines the role of social responsibility in contemporary organizations. Students will analyze ethical decision-making processes, discuss corporate governance, and consider the impact of businesses on diverse stakeholders, including employees, customers, communities, and the environment. Case studies and real-world examples will be used to critically evaluate ethical dilemmas faced by companies and to develop frameworks for responsible business conduct. By the end of the course, students will understand the importance of ethical leadership and be able to articulate strategies for fostering integrity and accountability in organizational practices.
Recommended Textbook
Business Its Legal Ethical and Global Environment 10th Edition by Marianne M. Jennings
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21 Chapters
2597 Verified Questions
2597 Flashcards
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Chapter 1: Introduction to Law
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108 Verified Questions
108 Flashcards
Source URL: https://quizplus.com/quiz/77056
Sample Questions
Q1) Which is the proper cite for Executive Orders?
A) CFR
B) USC
C) E.O.O.C.
D) none of the above
Answer: D
Q2) There are agency regulations at both the state and federal levels.
A)True
B)False
Answer: True
Q3) Zoning laws are substantive only.
A)True
B)False Answer: False
Q4) The Uniform Commercial Code and the Uniform Partnership Act are both enactments of Congress.
A)True
B)False Answer: False
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Chapter 2: Business Ethics and Social Responsibility
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118 Verified Questions
118 Flashcards
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Sample Questions
Q1) In the Parable of the Sadhu:
A) the lesson of personal values vs. organizational or group values is drawn.
B) the lesson that the rules of business prevail over personal values is drawn.
C) the lesson of survival of the fittest is given.
D) the lesson of "every man for himself" is critical for business survival.
Answer: A
Q2) Which of the following is not a benefit of using ethics as a business strategy?
A) firm's profits increase
B) affords opportunity for planning
C) creates goodwill in the community
D) All of the above are benefits.
Answer: A
Q3) Business ethics provides a guarantee of profitability.
A)True
B)False
Answer: False
Q4) The level of cheating in high schools and colleges is declining.
A)True
B)False
Answer: False
Page 4
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Chapter 3: The Judicial System
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121 Verified Questions
121 Flashcards
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Sample Questions
Q1) The U.S. Supreme Court grants certiorari:
A) when state courts do not agree on a decision in similar fact patterns.
B) when circuit courts do not agree on a decision in similar fact patterns.
C) in all cases.
D) only on cases tried in federal court.
Answer: B
Q2) In personam jurisdiction is the authority of a court over the subject matter of the case.
A)True
B)False Answer: True
Q3) A trial court generally has three judges who preside in a case.
A)True
B)False Answer: False
Q4) A case that is remanded requires further procedures.
A)True
B)False Answer: True
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Chapter 4: Managing Disputes: Alternative Dispute
Resolution and Litigation Strategies
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138 Verified Questions
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Sample Questions
Q1) Junk science can be excluded from evidence at trial.
A)True
B)False
Q2) The new discovery rules require lawyers and the parties to voluntarily disclose relevant information at the beginning of the discovery process.
A)True
B)False
Q3) A complaint must establish subject matter jurisdiction.
A)True
B)False
Q4) Voir dire is the process of screening prospective jurors.
A)True
B)False
Q5) The best means for obtaining access to a defendant company's email in litigation over an atmosphere of harassment is: A) deposition.
B) summons.
C) request for production.
D) none of the above
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Chapter 5: Business and the Constitution
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118 Verified Questions
118 Flashcards
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Sample Questions
Q1) In administrative proceedings, procedural due process requires:
A) a trial in which the party charged can be heard.
B) notice of hearing.
C) right to an attorney.
D) none of the above
Q2) In supremacy clause cases, the pervasiveness of the regulatory scheme is examined.
A)True
B)False
Q3) The states' police powers are subject to a balancing test.
A)True
B)False
Q4) Discuss the ruling and the importance of Citizen's United.
Q5) One state can impose a tax on a corporation's property if the corporation does any business in the state.
A)True
B)False
Q6) Explain why a federal statute that permits federal suits against defendants who have committed crimes against women is unconstitutional while civil rights laws are considered constitutional.
Page 7
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Chapter 6: Administrative Law
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137 Verified Questions
137 Flashcards
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Sample Questions
Q1) Ex parte contacts are:
A) contacts with a member of a different political party during rule making.
B) contacts with an individual who has not made comments on a proposed rule.
C) unilateral contacts with an ALJ.
D) none of the above
Q2) The Code of Federal Regulations is published every business working day.
A)True
B)False
Q3) Choose the answer with the proper order for administrative rulemaking.
A) study of the problem, notice of rulemaking, public comment period, promulgation
B) study of the problem, public comment period, notice of rulemaking, promulgation
C) notice of proposed rulemaking, study of the problem, public comment period, promulgation
D) notice of proposed rulemaking, public comment period, study of the problem, promulgation
E) notice of proposed rulemaking, consent decree, public comment period, study of the problem, promulgation
Q4) What is an ultra vires act?
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Chapter 7: International Law
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93 Verified Questions
93 Flashcards
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Sample Questions
Q1) The LESCANT factors are a means of understanding various issues in cultures prior to beginning contract negotiations.
A)True
B)False
Q2) Expropriation is prohibited in countries that are members of the United Nations.
A)True
B)False
Q3) Repatriation is the limitation on removal of profits earned in a country from that country.
A)True
B)False
Q4) NGO officials are included as government officials for purposes of the Foreign Corrupt Practices Act .
A)True
B)False
Q5) Which of the following is not a source of international law?
A) custom
B) private law
C) treaties
D) All of the above are sources of international law.
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Chapter 8: Business Crime
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105 Verified Questions
105 Flashcards
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Sample Questions
Q1) The crime Mr. Parnell is charged with is shipping contaminated food. What would the federal government have to show in its case to establish the crime?
A) That Mr. Parnell did the actual shipping of the product.
B) That Mr. Parnell saw the actual product before it was shipped.
C) That Mr. Parnell knew that the product was contaminated before shipment occurred. D) all of the above
Q2) Ann McMillan is a CPA with a public accounting firm. A client of Ann's has called to tell her that the SEC is investigating the company for possible misrepresentations in the company's financial reports. Ann is worried that she may have pushed the envelope in allowing some of the revenues of the client to be reported as they were. Ann shreds several sets of notes from her meetings with the client on revenue recognition. Ann
A) is probably guilty of obstruction of justice.
B) has done nothing wrong because the notes are privileged communication the SEC is not entitled to have.
C) has not committed obstruction of justice because the SEC has not contacted her.
D) none of the above
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Page 10
Chapter 9: Business Torts
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130 Verified Questions
130 Flashcards
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Sample Questions
Q1) Which of the following would not be classified as libel?
A) a newspaper article with untrue statements
B) a letter with untrue statements sent to only one person
C) a true statement
D) a speech at a Veteran's Day parade
Q2) Negligence is available as a tort remedy only when the breach of duty is a statutory violation.
A)True
B)False
Q3) It is possible that those who write letters of recommendation could have liability for the content of those letters.
A)True
B)False
Q4) Contract interference:
A) requires involvement by more than one third party.
B) requires proof of intent to interfere.
C) is a federal crime.
D) requires proof of misappropriation.
Q5) Discuss why whistle-blowers should receive some kind of protection from defamation claims.
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Chapter 10: Cyberlaw, Social Media, and Privacy
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62 Verified Questions
62 Flashcards
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Sample Questions
Q1) Employers have no right of access to employees' emails if they promised the employees privacy.
A)True
B)False
Q2) The Electronic Communications Privacy Act applies to all forms of electronic communication.
A)True
B)False
Q3) Employee e-mails cannot be obtained through discovery processes in litigation against the company because of Fifth Amendment protections.
A)True
B)False
Q4) Which agency is responsible for consumer complaints about e-merchants?
A) The Federal Trade Commission.
B) There is no federal agency responsible because the federal government has no jurisdiction in cyberspace.
C) The Social Security Administration.
D) none of the above
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Chapter 11: Environmental Regulation and Sustainability
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112 Verified Questions
112 Flashcards
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Sample Questions
Q1) An EIS is filed with the:
A) Council on Environmental Quality.
B) NPDES.
C) EPA.
D) none of the above
Q2) Explain how the EPA uses the "bubble concept."
Q3) Describe what brownfields are and what the federal government had been doing to help manage them.
Q4) Basa Industries, Inc., because of processing changes, has "0" emissions from its plant in New Mexico. However, Basa holds a permit for emissions from the EPA. Basa:
A) must return the permit to the EPA.
B) can sell the permit privately.
C) can sell the permit only through the EPA.
D) must use the permit or forfeit it in six months.
Q5) Explain the economic incentives under the Clean Air Act of 1990 for companies to have fewer emissions.
Q6) The Federal Partnership Action Agenda provides funding for brownfield projects.
A)True B)False
Page 13
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Chapter 12: Contracts and Sales: Introduction and Formation
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152 Verified Questions
152 Flashcards
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Sample Questions
Q1) Walt's Pool World's fax to Pat's Pumps: "I'll take 10 4 hp pool pumps @ $175 each." Pat's Pumps' return fax: "Ok. Will deliver tomorrow AM." Pat and Walt: A) do not have a contract because the faxes will not satisfy the statute of frauds. B) do not have a contract because of the mirror image rule. C) had a contract when Pat's fax was sent. D) had a contract when Pat's fax was received.
Q2) Under the UCC, offers need price, subject matter, and quantity to be definite enough.
A)True
B)False
Q3) The subprime lending market uses title loans.
A)True
B)False
Q4) A contract for the sale of potatoes is not governed by the UCC.
A)True
B)False
Q5) Discuss whether a contract to solicit names of potential subscribers using pop-up Internet ads for a newspaper is considered goods or services under the UCC.
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Chapter 13: Contracts: Performance, Remedies, and Rights
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155 Verified Questions
155 Flashcards
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Sample Questions
Q1) List what cannot be disclosed in a credit report for a $2,000 loan.
Q2) Cindy Nanson had a contract with Bob Greenly for Bob to repay Cindy $2000 plus interest by July 1986. It is now August 1990 and Cindy has not received any payment. Cindy wishes to file suit to collect the $2000. Bob reminds her that the statute of limitations for contract suits is four years. Cindy's contract with Bob is:
A) unenforceable.
B) void.
C) voidable.
D) all of the above
Q3) Which of the following statements (if later established as untrue) would constitute a misrepresentation defense to contract formation?
A) "You are going to love this house as we have."
B) "This farm's well is adequate for household, ranch, and crop needs."
C) "The school system here is very fine."
D) "Our buyers are the happiest customers around."
Q4) The difference between fraud and misrepresentation is proof of intent.
A)True
B)False
Q5) Explain the purpose of a force majeure clause.
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Chapter 14: Sales: Product Advertising and Liability
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138 Verified Questions
138 Flashcards
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Sample Questions
Q1) Federal trademark law provisions provide remedies for companies whose products are misrepresented in comparative advertising.
A)True
B)False
Q2) Product packaging stating that the line is "ideal for use on boat or dock" is mere puffery and not an express warranty.
A)True
B)False
Q3) Koellmer purchased a Chrysler auto. After taking delivery of his new vehicle, he discovered there were warranty disclaimers in his owner's manual. Is Koellmer bound by the warranty disclaimers?
Q4) The implied warranty of fitness for a particular purpose (unless disclaimed) is given in every sale of goods by a merchant.
A)True B)False
Q5) Caveat emptor is a Latin term meaning "let the buyer beware."
A)True
B)False
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Chapter 15: Products: Business Intellectual Property
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95 Verified Questions
95 Flashcards
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Sample Questions
Q1) WIPO administers trademarks and copyrights internationally.
A)True
B)False
Q2) The Federal Trademark Dilution Act permits private suit for tarnishment of a trademark.
A)True
B)False
Q3) Opposition proceedings are part of the patent process outside the U.S.
A)True
B)False
Q4) Trade dress is not entitled to protection unless there is some form of registration under federal law.
A)True
B)False
Q5) The Uniform Electronic Transaction Act (UETA):
A) has been adopted in all 50 states.
B) has been declared unconstitutional.
C) is the same as E-sign.
D) none of the above
Q6) Discuss the potential penalties under the Industrial Espionage Act.
Page 17
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Chapter 16: Business Competition: Antitrust
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159 Verified Questions
159 Flashcards
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Sample Questions
Q1) The Noerr-Pennington doctrine is an antitrust exception that originates in the First Amendment.
A)True
B)False
Q2) Resale price maintenance occurs when:
A) the manufacturer suggests retail price.
B) minimum prices are enforced.
C) consignment arrangements control prices.
D) all of the above
Q3) Only Clayton Act violations carry treble damages.
A)True
B)False
Q4) Setting maximum prices is a per se violation of the Sherman Act.
A)True
B)False
Q5) Which of the following would not be price fixing?
A) agreements to limit production
B) agreements to limit competitive bidding
C) agreements to charge the same interest on credit contracts
D) All of the above are price fixing.
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Chapter 17: Management of Employee Conduct: Agency
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115 Verified Questions
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Sample Questions
Q1) To bind the third party, restrictions on an agent's authority must be:
A) known to the third party.
B) in contract form between the agent and principal.
C) in writing.
D) none of the above
Q2) Gilda Steinforth is a partner in the law firm of Jones, Deloitte & Ernst. A wealthy couple has met with her and asked her to draw up a trust for a portion of their property. They gave Steinforth a check for $10,000 as a retainer fee and a check for $500,000 to begin the trust. Within two days after her meeting with the couple, Gilda and the checks are gone. The couple wishes to recover from Jones, Deloitte & Ernst. Which of the following statements is true?
A) The couple may not recover since Jones, Deloitte & Ernst is not responsible for the intentional torts of its employees.
B) The couple may not recover since Steinforth, as a lawyer, was an independent contractor and not a servant of the firm.
C) The couple may not recover since Steinforth had no express or implied authority to receive the checks.
D) none of the above
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Chapter 18: Governance and Structure: Forms of Doing Business
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Sample Questions
Q1) Transfer restrictions:
A) must be noted on the stock to be valid.
B) are generally valid only in family-owned corporations.
C) cannot be used to satisfy SEC restrictions.
D) none of the above
Q2) The sole proprietor's personal assets are subject to business creditor attachment.
A)True
B)False
Q3) All owners in an LLP have limited liability.
A)True
B)False
Q4) Which of the following is not required for the certificate of limited partnership (under RULPA)?
A) names of the limited partners
B) capital contributions of the partners
C) the profit-sharing arrangement
D) None of the above are required.
Q5) List the provisions of Sarbanes-Oxley that affect corporation governance.
Q6) Discuss investors' concerns regarding CEO compensation.
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Chapter 19: Governance and Regulation: Securities Law
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Sample Questions
Q1) Pump and dump:
A) is a term for downloading music.
B) refers to posting stock information on the Internet to increase its value before you sell.
C) is not prohibited by the SEC.
D) both b and c
Q2) Section 12 violations would include selling before the effective date.
A)True
B)False
Q3) Registration statements must include audited financial statements.
A)True
B)False
Q4) Section 404 of SarbanesOxley is the section that requires certification of the adequacy of a company's internal controls.
A)True B)False
Q5) An auditor for a company cannot also perform appraisal functions.
A)True B)False
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Chapter 20: Management: Employee Welfare
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Sample Questions
Q1) The I-9 is the green card.
A)True
B)False
Q2) Mining is the industry with the highest fatality rate.
A)True
B)False
Q3) The Equal Pay Act is an amendment to FLSA.
A)True
B)False
Q4) Unemployment benefits:
A) are paid regardless of the reason for termination of employment.
B) are paid from FICA contributions.
C) cannot be regulated by the state.
D) none of the above
Q5) The Pension Reform Act requires all employers to have pension plans for their employees.
A)True
B)False
Q6) Describe the employer requirements under ERISA.
Q7) Discuss when OSHA will find willful violations.
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Chapter 21: Management: Employment Discrimination
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Sample Questions
Q1) An atmosphere of harassment can result in employer liability even if the employer is unaware of specific claims.
A)True
B)False
Q2) Title VII does not apply to U.S. corporations' operations in other countries.
A)True
B)False
Q3) The presence of sexually suggestive e-mails on an employer's e-mail system can be the basis of a claim for atmosphere of harassment.
A)True
B)False
Q4) The Equal Pay Act addressed only the issue of wage discrimination. A)True
B)False
Q5) Seniority and merit systems are void under Title VII. A)True
B)False
Q6) Discuss Costco's accommodation efforts in the Cloutier v. Costco case.
Q7) List all the possible defenses to charges of discrimination.
Page 23
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