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LES 305 KORETZ EXAM 1 QUESTIONS WITH CORRECT ANSWERS

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LES 305 KORETZ EXAM 1 QUESTIONS WITH CORRECT ANSWERS

Institution
LES 305
Course
LES 305

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Please refer to the question above. Enron's failure to disclose its off-the-book debts
was legal in many instances. Which of the following ethical categories do you think
apply to that type of financial reporting?


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balancing ethical dilemmas

giving or allowing a false impression




Where is the appropriate place for the government to file and try the case involving
the violation of federal environmental laws by BP?


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, federal district court




Statutes enacted by Congress are examples of federal laws.


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Issue an executive order.




Jurisdiction is proper when a defendant


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owns property within the state when the property is the subject of the suit.

agree to submit to a particular state's jurisdiction in a contract.

is physically present or had minimum contacts within the state.




If you would return an envelope full of cash to an elderly person who dropped it, and
you would keep the money if that woman was Kim Kardashian West, a celebrity, then
you are acting ethically under which model or theory?


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Moral Relativism.

, You bought a certain quantity of goods from Vendor, Inc. and you have sued that
company for a breach of contract for delivering defective goods. You or your
attorney will likely send which form of discovery to the defendant indicating that the
copy of the contract that you have is authentic?


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Requests for admissions.




The rule of law from a legal case


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is usually precedent for future cases




The particular geographical area within a judicial district where a suit should be
brought.


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venue




What question is missing from this model of the steps for analyzing ethical dilemmas
in your book?vi. Gather the facts.vii. List each stakeholder's interests (concerns) in the
dilemma.viii. Generate a list of alternatives and apply ethical decision-making
models.ix. Evaluate resolutions for cost, legality and impact.x. Recommend and take
action.

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Institution
LES 305
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LES 305

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