Test Bank for Law Business and Society 10th Edition by McAdams A+
Chapter 02
Business Ethics
True / False Questions
1. Libertarianism refers to a philosophical system that endorses an
essentially free market view of ethics.
True False
2. Virtue ethics focuses on the classic notion of character rather than
following rules.
True False
3. Utilitarianism is the foremost branch of deontology.
True False
4. Kant's categorical imperative is the notion that every person should act
only on those principles that he or she, as a rational person, would
prescribe as universal laws.
True False
,5. According to Carol Gilligan, women are more likely to build a morality
based on care, support, and responsiveness.
True False
6. Formalism follows the principle of "the greatest good for the greatest
number."
True False
7. Moral identity involves the degree to which moral concerns are central
to our sense of self.
True False
8. Organizational culture does not influence corporate misconduct.
True False
9. In most nations, the payment of bribes is accepted as a necessary and
a lawful way of doing business.
True False
10 The Foreign Corrupt Practices Act (FCPA) was enacted in response to
. disclosure of widespread bribery by American firms.
True False
11 The FCPA forbids "grease" payments to political parties where the
. purpose of the payments is to secure the performance of a routine
governmental action.
True False
12 The passage of the Sarbanes-Oxley Act has significantly increased the
. importance of corporate codes of ethics for publicly traded
corporations.
True False
, 13 The 2002 Sarbanes-Oxley Act significantly increased penalties and
. provided other aggressive measures for attacking corporate crime by
publicly traded companies.
True False
14 Among its major provisions, the False Claims Act raises penalties to as
. much as 25 years imprisonment along with heavy fines.
True False
15 Whistle blowing seems likely to increase with the passage of the 2010
. Dodd-Frank Wall Street Reform and Consumer Protection Act.
True False
Multiple Choice Questions
16 Which of the following indicates an existentialist's belief?
.
A. An existentialist believes in absolute adherence to the letter
of the law.
B. An existentialist believes in maximizing
Christian love.
C. An existentialist believes that no actions are inherently right
or wrong.
D. An existentialist believes conduct can be rationally
justified.
Chapter 02
Business Ethics
True / False Questions
1. Libertarianism refers to a philosophical system that endorses an
essentially free market view of ethics.
True False
2. Virtue ethics focuses on the classic notion of character rather than
following rules.
True False
3. Utilitarianism is the foremost branch of deontology.
True False
4. Kant's categorical imperative is the notion that every person should act
only on those principles that he or she, as a rational person, would
prescribe as universal laws.
True False
,5. According to Carol Gilligan, women are more likely to build a morality
based on care, support, and responsiveness.
True False
6. Formalism follows the principle of "the greatest good for the greatest
number."
True False
7. Moral identity involves the degree to which moral concerns are central
to our sense of self.
True False
8. Organizational culture does not influence corporate misconduct.
True False
9. In most nations, the payment of bribes is accepted as a necessary and
a lawful way of doing business.
True False
10 The Foreign Corrupt Practices Act (FCPA) was enacted in response to
. disclosure of widespread bribery by American firms.
True False
11 The FCPA forbids "grease" payments to political parties where the
. purpose of the payments is to secure the performance of a routine
governmental action.
True False
12 The passage of the Sarbanes-Oxley Act has significantly increased the
. importance of corporate codes of ethics for publicly traded
corporations.
True False
, 13 The 2002 Sarbanes-Oxley Act significantly increased penalties and
. provided other aggressive measures for attacking corporate crime by
publicly traded companies.
True False
14 Among its major provisions, the False Claims Act raises penalties to as
. much as 25 years imprisonment along with heavy fines.
True False
15 Whistle blowing seems likely to increase with the passage of the 2010
. Dodd-Frank Wall Street Reform and Consumer Protection Act.
True False
Multiple Choice Questions
16 Which of the following indicates an existentialist's belief?
.
A. An existentialist believes in absolute adherence to the letter
of the law.
B. An existentialist believes in maximizing
Christian love.
C. An existentialist believes that no actions are inherently right
or wrong.
D. An existentialist believes conduct can be rationally
justified.
