Course Introduction
Business Ethics
Final Exam
Business Ethics explores the ethical challenges and dilemmas faced by organizations and individuals in the modern business environment. This course examines foundational ethical theories, frameworks for decision-making, and the roles of corporate governance and social responsibility. Students will analyze real-world case studies, discussing topics such as workplace honesty, environmental sustainability, consumer rights, fair trade, and whistleblowing. By integrating ethical reasoning into business practice, learners develop the skills to identify, evaluate, and address ethical issues, preparing them to make principled choices as future business leaders.
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
Source URL: https://quizplus.com/study-set/3866
Page 2
Chapter 1: Introduction to Law
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108 Verified Questions
108 Flashcards
Source URL: https://quizplus.com/quiz/77056
Sample Questions
Q1) Animo runs a website that allows amateur photographers to post photographs that they have taken for purposes of getting their work recognized and with the hope that others will see their works and purchase them for use in ad, textbooks, and other publications. Animo employees do not review the website, but they do remove photos when notified that a posted photo is not posted with permission and is copyrighted by someone other than the person who posted it. Applying the decisions from the Grokster and Viacom decisions, which of the following statements is correct?
A) Animo is liable for copyright infringement because it does not check its cite for possible violations.
B) Animo is liable for copyright infringement once it is notified of a problem, but does not take action.
C) Because Animo does not accept payment from photographers for the posting and cannot be liable for copyright infringement.
D) Animo is liable for copyright infringement only if the owner of the copyright notifies it of the infringement.
Answer: B
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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) Ralph Dewey is an assistant superintendent in the Maple Leaf school district. Mr. Dewey's job is to award contracts for all facilities management. Dewey awarded an asbestos removal contract to his brother's firm. Discuss the ethical issues. What models could have helped Dewey in his decision-making process?
Answer: Ralph has a conflict of interest in awarding the contract to his brother's firm. Tests: Newspaper Test Could I discuss this with the superintendent? Is it balanced?
Q2) The inherence school is one that follows the standard of society's interest coming first.
A)True
B)False
Answer: False
Q3) A relativist asks why someone is engaged in unethical or illegal conduct before determining whether the conduct is right or wrong.
A)True
B)False
Answer: True
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4
Chapter 3: The Judicial System
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121 Verified Questions
121 Flashcards
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Sample Questions
Q1) An attorney:
A) must reveal a client's confession of a crime.
B) cannot represent a guilty party.
C) must see that his/her client's rights are protected.
D) can violate the law to protect a client.
Answer: C
Q2) Sarah Sajak was sexually harassed at work. She filed a claim with the EEOC under Title 42 of the United States Code. The EEOC has given her a right to sue letter, a requirement for her to be able to bring suit for damages for the harassment. In which court must Sarah file her claim?
A) State trial court
B) Federal administrative court
C) Federal district court
D) Federal court of appeals since the agency has heard the case
E) none of the above
Answer: C
Q3) An appellate court has the authority to order a new trial.
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
138 Flashcards
Source URL: https://quizplus.com/quiz/77059
Sample Questions
Q1) Work product is discoverable.
A)True
B)False
Q2) Which of the following is a suggested policy on executive smartphone use?
A) A mandatory password requirement for smartphones.
B) A stated policy on deleting messages on smartphones.
C) Smartphone configuration and archiving policies.
D) All of the above.
Q3) So long as a court has subject matter jurisdiction, there is no need for in personam jurisdiction.
A)True
B)False
Q4) A motion for a judgment NOV is heard by a court of appeals.
A)True
B)False
Q5) Junk science can be excluded from evidence at trial.
A)True
B)False
Q7) Outline the steps involved in litigation. Page 6
Q6) What are the differences between arbitration and mediation?
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Page 7
Chapter 5: Business and the Constitution
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118 Verified Questions
118 Flashcards
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Sample Questions
Q1) States can never regulate interstate commerce.
A)True
B)False
Q2) Which of the following is currently the test for determining whether conduct is or is not interstate commerce?
A) direct and immediate effect test
B) affectation doctrine
C) regulation of goods and not businesses
D) none of the above
Q3) 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
Q4) State and local governments can exercise eminent domain under the Kelo decision:
A) only when there is a clear public purpose use proposed for the land being taken.
B) if there is a plan for economic development or revitalization.
C) only if the land will be used by another public entity.
D) both a and c
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Chapter 6: Administrative Law
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137 Verified Questions
137 Flashcards
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Sample Questions
Q1) A consent decree is similar to a plea bargain.
A)True
B)False
Q2) The Government in the Sunshine Act applies to all federal administrative agencies.
A)True
B)False
Q3) Which of the following is not grounds for challenging an administrative regulation?
A) arbitrary and capricious
B) lack of substantial evidence
C) ultra vires
D) lack of a congressional hearing
Q4) Only businesses can provide input in the formal rulemaking process.
A)True
B)False
Q5) The 30-day comment period can be waived for emergency rulemaking.
A)True
B)False
Q6) 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) Expropriation or nationalization is protected under the act of state doctrine.
A)True
B)False
Q2) Adam Smith supported international trade because:
A) countries could focus on what they did well and then trade with other countries for goods and services they did not do so well.
B) he felt tariffs were the best way to raise money for government purposes.
C) companies could operate without regulation.
D) none of the above
Q3) PepsiCo entered into an agreement with the Indian government to provide training in farming techniques and return 40 percent of its profits from Indian operations to the government in order to obtain the right to do business in India. Describe all of the laws and principles of international law involved in this agreement.
Q4) The European Union:
A) is a trademark registration organization.
B) eliminated tariff protections for its members in 1992.
C) is an international court of justice.
D) none of the above
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Chapter 8: Business Crime
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105 Verified Questions
105 Flashcards
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Sample Questions
Q1) Employee protection against retaliation for reporting activities is a critical part of crime prevention under U.S. guidelines.
A)True
B)False
Q2) In punishments for corporate criminal cases, shame punishment is increasing.
A)True
B)False
Q3) Economic pressure is generally not a reason for corporate crime.
A)True
B)False
Q4) Bernie Ebbers, the former CEO of WorldCom, on trial for securities fraud and other crimes, offered as his defense that he did not know what his officers were doing.
A) Ebbers' defense is a valid one because there is no intent.
B) Ebbers' defense is a valid one because there is no actus reus.
C) Ebbers can be held liable for the actions of employees.
D) both a and b
Q5) Corporate officers are not liable for acts delegated to subordinates.
A)True
B)False
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Chapter 9: Business Torts
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130 Verified Questions
130 Flashcards
Source URL: https://quizplus.com/quiz/77064
Sample Questions
Q1) The shopkeeper's privilege is a defense to false imprisonment if the detention is reasonable.
A)True
B)False
Q2) Troy Nolan, age 17, was in a Games and Stuff store browsing. Troy frequented Games and Stuff but did not always make a purchase. After 45 minutes of looking, Troy picked up his skateboard, put his hand in his pocket, and headed toward the door. The day manager yelled from the back of the store to the cashier at the front of the store, "Stop the kid with the skateboard. He's stolen two games." There were 22 people in the store who heard the statement. Troy had not taken the games. Troy: A) will be successful in a defamation suit against Tower. B) has no course of action because of the shopkeeper's privilege. C) has no basis for recovery.
D) could recover only for false imprisonment.
Q3) When skiing, those participating assume the risk of poorly marked trails.
A)True
B)False
Q4) Discuss why there may be liability for writers of letters of recommendation that fail to include relevant employment-related information
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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) Jan Lesh was able to gain access to the federal government's records on student loans and loan repayments. Lesh changed his loan balance from $8200.00 to $2800.00. Lesh then repaid the $2800.00 and received his notice of payment in full. Has Lesh committed any crimes?
Q2) IFRACK is the user name of an individual who has been posting information about fracking on blogs, in chat rooms, and in cyber letters to newspapers. Several environmental groups wish to stop the comments IFRACK makes, believe that IFRACK may be affiliated with the oil industry, and believe that information should be disclosed. Which of the following is correct in analyzing this situation?
A) The environmental groups will be able to obtain IFRACK's identity from the ISP because they have a good reason.
B) The environmental groups are not entitled to know IFRACK's identity because of First Amendment protections.
C) Until IFRACK violates the law, his or her identity cannot be disclosed by the ISP.
D) There is never identity disclosure allowed in civil matters.
Q3) Explain what customers of cloud services should understand prior to entering into a cloud agreement.
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Page 13
Chapter 11: Environmental Regulation and Sustainability
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112 Verified Questions
112 Flashcards
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Sample Questions
Q1) An NPDES permit is issued only with EPA approval.
A)True
B)False
Q2) The EPA provides incentives for both self-reporting and self-audits.
A)True
B)False
Q3) When there is a brownfield, no one is liable for the costs of clean-up.
A)True
B)False
Q4) Violations of the Clean Air Act:
A) carry civil and criminal penalties.
B) carry only civil penalties.
C) can be remedied only by a suit brought by another citizen.
D) are handled by the Justice Department.
Q5) The Superfund is:
A) tapped by Congress for surplus spending.
B) used for air pollution problems.
C) available by private citizen suit.
D) a trust fund.
E) none of the above
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Chapter 12: Contracts and Sales: Introduction and Formation
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152 Verified Questions
152 Flashcards
Source URL: https://quizplus.com/quiz/77067
Sample Questions
Q1) Which of these is an example of a bank's commitment to pay?
A) Bill of lading
B) Fee arbitration agreement
C) Letter of credit
D) A warrant
Q2) The TILA provisions do not apply to commercial loans.
A)True
B)False
Q3) 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.
Q4) A negative credit decision cannot be based on an applicant's plans for having children.
A)True
B)False
Page 15
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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) An accord and satisfaction is a void contract.
A)True
B)False
Q2) Exculpatory clauses are generally considered void as against public policy.
A)True
B)False
Q3) Dee's Caterers contracted with Glen Allen Peanut Farms for the purchase of a one year's supply of peanuts for Dee's business. The price was $1.21 per pound. The Glen Allen Peanut Farms was hit by a frost that damaged most of its crops and left what remained with an odd taste. Because other peanut farms also fell victim to the frost, the price of peanuts rose to $3.37 per pound. Dee's demanded delivery. Glen Allen said it would cost too much to perform. Must Glen Allen perform? What damages would Dee's have?
Q4) The Consumer Credit Protection Act puts limitations on garnishments.
A)True
B)False
Q5) Liquidated damages are void as penalties.
A)True
B)False
Q6) List what cannot be disclosed in a credit report for a $2,000 loan.
Page 16
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Chapter 14: Sales: Product Advertising and Liability
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138 Verified Questions
138 Flashcards
Source URL: https://quizplus.com/quiz/77069
Sample Questions
Q1) The Joneses are interested in purchasing new carpet for their family room and note an ad in the paper from Carpet World for carpet at $9.99 per square yard, with pad, fully installed. When the Joneses go to Carpet World, the salesman tells them there is a handling fee of $2.99 per square yard on the advertised special, but he can show them a better carpet for $14.99 per square yard. Which of the following statements is true?
A) Since the Joneses are free to leave and buy elsewhere, there are no FTC violations by the ad.
B) If the Joneses choose the $14.99 carpet, there is no violation of FTC regulations.
C) Carpet World's ad and tactics constitute bait and switch.
D) none of the above
Q2) Proof for a breach of the warranty of merchantability suit requires establishment of the fact that the product was in a defective and unreasonably dangerous condition.
A)True
B)False
Q3) Express warranties cannot be disclaimed.
A)True
B)False
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Page 17
Chapter 15: Products: Business Intellectual Property
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95 Verified Questions
95 Flashcards
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Sample Questions
Q1) The Federal Trademark Dilution Act permits private suit for tarnishment of a trademark.
A)True
B)False
Q2) Discuss the rights of the film companies to collect royalties from the rental of their films at local video stores.
Q3) The Industrial Espionage Act applies to all company information taken without permission.
A)True
B)False
Q4) "M & M's" brand candy is:
A) an example of a trademark.
B) an example of a generic label not entitled to trademark protection.
C) a trademark protectable for 17 years.
D) none of the above
Q5) Why are the terms "cellophane," "aspirin," and "thermos" generic? What changes a tradename or trademarked item to a generic term?
Q6) Discuss the potential penalties under the Industrial Espionage Act.
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Chapter 16: Business Competition: Antitrust
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159 Verified Questions
159 Flashcards
Source URL: https://quizplus.com/quiz/77071
Sample Questions
Q1) Manufacturers who refuse to deal with discount houses have committed a per se violation of the antitrust laws.
A)True
B)False
Q2) The Sotheby's Christie's case illustrates, among other things, that companies will sacrifice its employees to save the company.
A)True
B)False
Q3) Predatory pricing is:
A) pricing below cost.
B) per se illegal.
C) price discrimination.
D) none of the above
Q4) Generic brands can carry a lesser price than brand-name products even though identical in composition without experiencing price discrimination difficulties.
A)True
B)False
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Page 19
Chapter 17: Management of Employee Conduct: Agency
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115 Verified Questions
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Sample Questions
Q1) Ellen Fishman was hired by Attics, Inc., a company that does attic refurbishments and redesigns, to evaluate attics, provide homeowners with estimates, and, hopefully, sign them up with contracts for their attics. Ellen provided an estimate of $11,000 to the Kornbluths for a redesign of their attic. Because she was new at the job, Ellen forgot the demolition costs in the estimate. However, the Kornbluths signed a contract Ellen presented and put down a 10% deposit of $1,100. Attics, Inc.'s president has refused to do the attic for anything less than $15,000, what the estimate should have been. The Kornbluths have no experience with remodeling and had only one other estimate for the refurbishment, which was $12,500.
A) Attics, Inc. need not perform the refurbishment because Ellen did not have authority for the bid or contract.
B) Attics, Inc. must perform the refurbishment for $11,000 because Ellen had authority to enter into the contract.
C) Attics, Inc. need not perform the contract for $11,000 because Ellen made a mistake. D) none of the above
Q2) The Restatement of Agency has been adopted in all states. A)True B)False
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Page 20
Chapter 18: Governance and Structure: Forms of Doing Business
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138 Verified Questions
138 Flashcards
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Sample Questions
Q1) Allied Van Lines has structured its company by giving its franchisees stock ownership in the company. On the stock is the following language:
NOTE: Restrictions apply to ownership of this stock. Only franchisees and employees of Allied Van Lines can own this stock. In the event of a franchise or employment termination, the stock must first be offered to the Allied Board for purchase. Is the restriction valid?
Q2) A limited partnership:
A) requires at least one general partner.
B) can be created by implication.
C) must be run by the limited partners.
D) all of the above
Q3) Owners of a limited liability company:
A) have unlimited liability for contracts entered into by the LLC.
B) can transfer their membership as a personal property interest.
C) cannot assume any management responsibilities.
D) all of the above
Q4) All owners in an LLP have limited liability.
A)True
B)False
21
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Chapter 19: Governance and Regulation: Securities Law
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152 Verified Questions
152 Flashcards
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Sample Questions
Q1) Which firms would be required to file a 10-K?
A) company with 600 shareholders and $5 million in assets and not listed on national exchange
B) company with 300 shareholders and $10 million in assets and not listed on a national exchange
C) company with 700 shareholders and $6 million in assets and listed on a national exchange
D) all of the above
Q2) Which of the following is not an exempt security under the 1933 Act?
A) municipal bonds
B) insurance policies
C) promissory notes
D) annuities
E) All of the above are exempt securities.
Q3) J. Rooney is Chairman of Rooney, Pace Group, Inc. and has decided to acquire stock in Pantry Pride. Rooney is able to purchase 7 percent of the stock in October 1984. Is Rooney subject to any SEC requirements? Discuss.
Q4) Discuss why Bernie Madoff received the sentence he did for his crimes.
Q5) Describe shareholders' rights under Section 14.
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Chapter 20: Management: Employee Welfare
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131 Verified Questions
131 Flashcards
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Sample Questions
Q1) Workers' compensation systems cover only physical injuries not problems stemming from stress.
A)True
B)False
Q2) In order to hold a union election, a petition filed with the NLRB must be supported by:
A) signatures of 50 percent of the employees.
B) signed authorization cards of 30 percent of the employees.
C) management certification.
D) both b and c
E) none of the above
Q3) Unemployment benefits can be denied if a claimant refuses to take a job because of religious convictions.
A)True
B)False
Q4) ICE is:
A) disbanded under changes to immigration law.
B) the agency responsible for immigration and customs enforcement.
C) is part of the Department of Homeland Security.
D) both b and c
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Chapter 21: Management: Employment Discrimination
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119 Verified Questions
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Sample Questions
Q1) Title VII does not apply to U.S. corporations' operations in other countries.
A)True
B)False
Q2) Under Title VII, an atmosphere of harassment can exist:
A) only if the employer has received complaints.
B) only if acts of quid pro quo have occurred.
C) if the employer should have known.
D) none of the above
Q3) The Rehabilitation Act of 1973:
A) applies only to employers receiving federal financial assistance.
B) is enforced by the EEOC.
C) does not apply to federal contractors.
D) a, b, and c
Q4) The BFOQ defense to discrimination charges is very broad.
A)True
B)False
Q5) The Equal Pay Act addressed only the issue of wage discrimination.
A)True
B)False
Q6) List all the possible defenses to charges of discrimination.
Page 24
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