BUS 206 SOPHIA BUSINESS LAW MILESTONE 1 QUESTIONS WITH VERIFIED ANSWERS,100%CORRECT

BUS 206 SOPHIA BUSINESS LAW MILESTONE 1 QUESTIONS WITH VERIFIED ANSWERS You passed this Milestone 23 questions were answered correctly. 1 Select the case that is under the subject matter jurisdiction of a state court. • A case involving navigation in Puget Sound • A suit between two states • A paternity suit • A dispute over a copyright CONCEPT Subject Matter Jurisdiction 2 Pharmaceutical Company Z received government approval for a medicine that lowers high blood pressure. Over time, however, the company realizes that the drug causes tremors in a small number of people who use it. In deciding how to proceed, the company identifies a range of stakeholders, including corporate shareholders, consumers, physicians, the government, and society as a whole, and comes up with several possible courses of action. According to the Josephson's core values model for ethical decision-making, what should Company Z do next? • Try to determine which core values are most important to the company. • Evaluate the impact of each possible course of action on each of the various stakeholders. • Try to determine which course of action will best protect the company in the short-term. • Evaluate which course of action will provide the greatest benefit to the corporate shareholders, to whom the company has the greatest obligation. CONCEPT An Ethical Decision Model 3 Select the example in which a corporation is making use of a safe harbor provision. • A corporation that operates a chain of restaurants establishes an ethics hotline so that employees can report legal or company policy violations to the corporate office to reduce liability. • A corporation that hosts user-uploaded videos online reports a copyright infringement to federal authorities and removes the copyrighted video from its website in order to reduce liability. • A corporation that manufactures commercial exercise equipment establishes a thorough inspection process to ensure compliance with safety standards to reduce liability. • A software corporation promotes a whistleblower who exposed patent violations within the company. CONCEPT Minimizing Corporate Criminal Liability