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m m m m m m m m m m
Chapter 02 Business Ethics
m m m
MULTIPLEmCHOICEmQUESTIONS
1) Ethicalmconversationmismprimarilymabout mfindingmthemonemand monlymright mthing mtomdo.
A) True
B) False
2) Businessmethicsmismthemapplication mof methicsmto mthemspecialmproblemsmand mopportunitiesmexperienced
m by mbusinessmpeople.
A) True
B) False
3) Businessmethicsmresultsminmamset mof mcorrect mdecisions.
A) True
B) False
4) Themonly msocialmresponsibility mthatmbusinessesmhavemismto mfocusmon mhowmbusinessmdecisionsmaffect
m company m operations.
A) True
B) False
5) InsurermAmerican mInternationalmGroup m(AIG)mismwellmknown min mtheminsurance mindustry mformit
smethicalmbusinessmpractices.
A) True
B) False
6) Legalmrulesmgoverningmcontractmlawsmhavembeen mshaped min mlargempartmby mourmsensemof mcommercia
lm ethics.
A) True
B) False
7) Inmsomemcountries,mbusinessesmmust mpaymbribes mtomreceivemsuppliesmtheymneed mtomstayminmbusiness.
A) True
B) False
8) In man methicalmanalysismusingmthemWPHmFramework mreferenced min mthemtext,mownersmaremthemmos
tm importantmstakeholdersmand mshould mreceive mthemgreatestmconsideration min mdecision mmakingmre
gardlessmof mthemtypemof mproblem maddressed.
A) True
B) False
1
Copyright m ©mMcGraw-Hillm Education.Allm rightsm reserved. m No m reproduction m orm distribution m withoutm the m priorm written m consent m ofm McGraw-
Hillm Education.
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m m m m m m m m m m
9) UndermthemWPHmframework mformethicalmbusinessmdecisions,mbusinessmdecisionsmaremmademin mpursui
tm of mamparticularmpurpose mand mareminstrumentsmtoward man methicalmend.
A) True
B) False
10) Themtermsmshareholdermand mstakeholdermhavemthemsamemmeaning.
A) True
B) False
11) Themcommunityminmwhichmamfirmmoperatesmwould mnot mbemconsidered mamstakeholdermof mthemfirm.
A) True
B) False
12) Ethicalmrelativismmand msituationalmethicsmmean mthemsamemthing.
A) True
B) False
13) Consequentialismmprovidesmamrigid mset mof mrules mtomfollow mregardless mof mthemsituation.
A) True
B) False
14) Onemformmof mconsequentialismmismutilitarianism.
A) True
B) False
15) Ethicalmissuesmdomnot mexist minmaccountingmbecausemthemfield minvolves mprimarilymobjectivemdata.
A) True
B) False
2
Copyright m ©mMcGraw-Hillm Education.Allm rightsm reserved. m No m reproduction m orm distribution m withoutm the m priorm written m consent m ofm McGraw-
Hillm Education.
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, DOWNLOAD THE Test Bank for Dynamic Business Law 4th Edition Kubasek
m m m m m m m m m m
16) In mthemCasemOpener,mamdefendantmsoughtmto mdismissmamplaintiff'smcasemagainstmAccutane marisingmfro
mmallegationsmthatmAccutane mcaused mulcerative mcolitismand mirritablembowelmsyndrome. mWhich mofmthe
mfollowingmcourtmrulings mwas mthe mresultmof mthe mdefendant's mmotion mto mdismiss mbased mon mstatute mofm l
imitation m grounds?
A) Thatmthemstatutemof mlimitationsmbegan mto mrun mon mthemplaintiff'smclaimmwhen mthemrisk mof mthemdrug
m was mdiscovered mby mthe mmanufacturer, mnotmon mthe mdate mon mwhich mthe mplaintiff mbecame maware m
of m themrisk mand mthatmthemstatutemof mlimitations,mtherefore,mbarred mhermclaim.
B) That mthemdefendant mcommitted mfraud mpreventingmit mfrommrelyingmonmthemstatutemof mlimitations.
C) Thatmbecause mthemplaintiff mwasmwarned mbymhermdoctormofmspecificmrisksmcausedmby mthemmedica
tion,mthemstatutemof mlimitationsmbegan mto mrun mpriormto mthemtimemshembecamemawaremof man m adve
rtisementmdiscussingmthemrisk;mand mthemstatutemof mlimitationsmbarred mhermclaim.
D) Thatmin mlawsuitsminvolvingmthismtypemof mdrug,mtheremismno mstatutemof mlimitationsmbecausemeac
h m day mthemplaintiff msuffersmfrommpain mresultsmin mthembeginningmof mamnewmcause mof maction.
E) Thatmbecause mthemplaintiff mwasmnotmwarned mby mhermdoctormof mspecific mrisksmcaused mby mthem
medication,mthemstatutemof mlimitationsmdid mnotmbegin mto mrun muntilmshembecame mawaremof man
madvertisementmdiscussingmthe m risk.
17) Which mof mthemfollowingmpresentsmamproblemmwhen mconsideringmthemtheory mofmethicsmknown ma
smabsolutism?
A) Themfactmthatmmostmindividualsmassociated mwith mthismtheory mhavembeenmproven mto mhavemacted mt
o mthemdetrimentmof mtheirmfollowersmin monemway mormanother.
B) Themallegationmthat manmexcessivemnumbermof mfollowersmactuallymfollow mconsequentialism.
C) Themunquestionable mnaturemof mthemrulesmin mmostmabsolutistmrepositoriesmseemsmoverl
y minflexible m when mapplied mto mdifferentm situations.
D) Themlackmof mobjectivity.
E) Themquestionable mnaturemof mthemrulesmin mmostmabsolutistmrepositoriesmseemsmoverly mflexible
m when mapplied mto mdifferentmsituations.
18) Which mof mthemfollowingmismthemapplication mof methicsmto mspecialmproblemsmand mopportunities
m experienced mby mthose min mbusiness?
A) Businessm utilitarianism
B) Businessmethics
C) Situationalmethics
D) Sarbanes-Oxleym principles
E) Consequentialism
3
Copyright m ©mMcGraw-Hillm Education.Allm rightsm reserved. m No m reproduction m orm distribution m withoutm the m priorm written m consent m ofm McGraw-
Hillm Education.
mynursytest.store
m m m m m m m m m m
Chapter 02 Business Ethics
m m m
MULTIPLEmCHOICEmQUESTIONS
1) Ethicalmconversationmismprimarilymabout mfindingmthemonemand monlymright mthing mtomdo.
A) True
B) False
2) Businessmethicsmismthemapplication mof methicsmto mthemspecialmproblemsmand mopportunitiesmexperienced
m by mbusinessmpeople.
A) True
B) False
3) Businessmethicsmresultsminmamset mof mcorrect mdecisions.
A) True
B) False
4) Themonly msocialmresponsibility mthatmbusinessesmhavemismto mfocusmon mhowmbusinessmdecisionsmaffect
m company m operations.
A) True
B) False
5) InsurermAmerican mInternationalmGroup m(AIG)mismwellmknown min mtheminsurance mindustry mformit
smethicalmbusinessmpractices.
A) True
B) False
6) Legalmrulesmgoverningmcontractmlawsmhavembeen mshaped min mlargempartmby mourmsensemof mcommercia
lm ethics.
A) True
B) False
7) Inmsomemcountries,mbusinessesmmust mpaymbribes mtomreceivemsuppliesmtheymneed mtomstayminmbusiness.
A) True
B) False
8) In man methicalmanalysismusingmthemWPHmFramework mreferenced min mthemtext,mownersmaremthemmos
tm importantmstakeholdersmand mshould mreceive mthemgreatestmconsideration min mdecision mmakingmre
gardlessmof mthemtypemof mproblem maddressed.
A) True
B) False
1
Copyright m ©mMcGraw-Hillm Education.Allm rightsm reserved. m No m reproduction m orm distribution m withoutm the m priorm written m consent m ofm McGraw-
Hillm Education.
mynursytest.store
,DOWNLOAD THE Test Bank for Dynamic Business Law 4th Edition Kubasek
m m m m m m m m m m
9) UndermthemWPHmframework mformethicalmbusinessmdecisions,mbusinessmdecisionsmaremmademin mpursui
tm of mamparticularmpurpose mand mareminstrumentsmtoward man methicalmend.
A) True
B) False
10) Themtermsmshareholdermand mstakeholdermhavemthemsamemmeaning.
A) True
B) False
11) Themcommunityminmwhichmamfirmmoperatesmwould mnot mbemconsidered mamstakeholdermof mthemfirm.
A) True
B) False
12) Ethicalmrelativismmand msituationalmethicsmmean mthemsamemthing.
A) True
B) False
13) Consequentialismmprovidesmamrigid mset mof mrules mtomfollow mregardless mof mthemsituation.
A) True
B) False
14) Onemformmof mconsequentialismmismutilitarianism.
A) True
B) False
15) Ethicalmissuesmdomnot mexist minmaccountingmbecausemthemfield minvolves mprimarilymobjectivemdata.
A) True
B) False
2
Copyright m ©mMcGraw-Hillm Education.Allm rightsm reserved. m No m reproduction m orm distribution m withoutm the m priorm written m consent m ofm McGraw-
Hillm Education.
mynursytest.store
, DOWNLOAD THE Test Bank for Dynamic Business Law 4th Edition Kubasek
m m m m m m m m m m
16) In mthemCasemOpener,mamdefendantmsoughtmto mdismissmamplaintiff'smcasemagainstmAccutane marisingmfro
mmallegationsmthatmAccutane mcaused mulcerative mcolitismand mirritablembowelmsyndrome. mWhich mofmthe
mfollowingmcourtmrulings mwas mthe mresultmof mthe mdefendant's mmotion mto mdismiss mbased mon mstatute mofm l
imitation m grounds?
A) Thatmthemstatutemof mlimitationsmbegan mto mrun mon mthemplaintiff'smclaimmwhen mthemrisk mof mthemdrug
m was mdiscovered mby mthe mmanufacturer, mnotmon mthe mdate mon mwhich mthe mplaintiff mbecame maware m
of m themrisk mand mthatmthemstatutemof mlimitations,mtherefore,mbarred mhermclaim.
B) That mthemdefendant mcommitted mfraud mpreventingmit mfrommrelyingmonmthemstatutemof mlimitations.
C) Thatmbecause mthemplaintiff mwasmwarned mbymhermdoctormofmspecificmrisksmcausedmby mthemmedica
tion,mthemstatutemof mlimitationsmbegan mto mrun mpriormto mthemtimemshembecamemawaremof man m adve
rtisementmdiscussingmthemrisk;mand mthemstatutemof mlimitationsmbarred mhermclaim.
D) Thatmin mlawsuitsminvolvingmthismtypemof mdrug,mtheremismno mstatutemof mlimitationsmbecausemeac
h m day mthemplaintiff msuffersmfrommpain mresultsmin mthembeginningmof mamnewmcause mof maction.
E) Thatmbecause mthemplaintiff mwasmnotmwarned mby mhermdoctormof mspecific mrisksmcaused mby mthem
medication,mthemstatutemof mlimitationsmdid mnotmbegin mto mrun muntilmshembecame mawaremof man
madvertisementmdiscussingmthe m risk.
17) Which mof mthemfollowingmpresentsmamproblemmwhen mconsideringmthemtheory mofmethicsmknown ma
smabsolutism?
A) Themfactmthatmmostmindividualsmassociated mwith mthismtheory mhavembeenmproven mto mhavemacted mt
o mthemdetrimentmof mtheirmfollowersmin monemway mormanother.
B) Themallegationmthat manmexcessivemnumbermof mfollowersmactuallymfollow mconsequentialism.
C) Themunquestionable mnaturemof mthemrulesmin mmostmabsolutistmrepositoriesmseemsmoverl
y minflexible m when mapplied mto mdifferentm situations.
D) Themlackmof mobjectivity.
E) Themquestionable mnaturemof mthemrulesmin mmostmabsolutistmrepositoriesmseemsmoverly mflexible
m when mapplied mto mdifferentmsituations.
18) Which mof mthemfollowingmismthemapplication mof methicsmto mspecialmproblemsmand mopportunities
m experienced mby mthose min mbusiness?
A) Businessm utilitarianism
B) Businessmethics
C) Situationalmethics
D) Sarbanes-Oxleym principles
E) Consequentialism
3
Copyright m ©mMcGraw-Hillm Education.Allm rightsm reserved. m No m reproduction m orm distribution m withoutm the m priorm written m consent m ofm McGraw-
Hillm Education.
mynursytest.store
