Part 1
Question 1
Which of the following statements best illustrates the view of “utilitarianism”?
I. From each according to his abilities, to each according to his needs.
II. The risk reasonably to be perceived defines the duty to be obeyed
and risks imports relation; it is risk to another or to others within the
range of apprehension.
III. An action is right when maximizing welfare and total well-being.
IV. Individuals should pursue his or her own self-interest, even at the
expense of others.
Correct
Answer
: III
only
Question 2
The best example of a source for virtue ethics for a business is
Correct the corporate
Answer mission statement.
:
Question 3
According to Citizens United v. Federal Election Commission, which of the
following is not a reason to allow corporations the right to spend money and
advertise for political candidates?
Correct The immense wealth of a corporation allows it to be the most
Answer accurate in providing messages to people.
:
,Question 4
Which of the following views on outsourcing would be consistent with the free
market ethics approach advocated by Milton Friedman?
Correct Outsourcing enhances competitiveness, modernization, and bigger
Answer market opportunities.
:
Question 5
Corporate director or officer decisions to dedicate corporate funds for social
causes is called:
Correct Corporate Social
Answer Responsibility (CSR)
:
Question 6
Under the legal doctrine of “employment at will” an employee can be lawfully
terminated from her job for:
I. wearing a shirt that clashes with her suit
II. any non-discriminatory reason
III. complaining about illegal activity in the workplace
IV. only for good cause
Correct I and II
Answer
:
Question 7
, In the essay, Work Matters, by law professor Marion Crain, all of the following
are the result of working except:
Correct People stay out
Answer of jail.
:
Question 8
Exceptions to the rule of employment-at-will include which of the following?
I. organization of unions
II. passage of Sarbanes Oxley Act
III. raising of public policy issues
IV. promise of implied-contract or covenant-of-good-faith
Correct I, II,
Answer III, IV
:
Question 9
The Constitution does not always protect free-speech rights for what public
employees say on the job. Which of the following is true?
Correct Public employees may speak out on matters of public concern
Answer and have First Amendment protection but not when they speak
: out in the course of their official duties.
Question 10
To determine whether a public employee receives First Amendment protection from