,DOWNLOAD THE Test Bank for Dynamic Business Law 4th Edition Kubasek
b b b b b b b b b b
Chapter 02 Business Ethics
b b b
MULTIPLEbCHOICEbQUESTIONS
1) Ethicalb conversationb isb primarilybabout bfindingbtheboneb and b onlybright bthingbtob do.
A) True
B) False
2) Businessb ethicsb isb theb application bofbethicsbto b theb specialb problemsbandb opportunitiesb experienced b by
b businessb people.
A) True
B) False
3) Businessb ethicsb resultsbinbabset bof b correct bdecisions.
A) True
B) False
4) Theb only b socialb responsibility b thatbbusinessesbhaveb isbto bfocusbonb howbbusinessb decisionsbaffectb co
mpany b operations.
A) True
B) False
5) Insurerb American b InternationalbGroup b(AIG)b isbwellb known bin bthebinsurance b industry b forb itsb et
hicalb businessb practices.
A) True
B) False
6) Legalb rulesb governingb contractb lawsb havebbeenb shapedb in blargeb partb byb ourb sensebofbcommercialb eth
ics.
A) True
B) False
7) Inbsomebcountries,bbusinessesbmust bpaybbribesbtobreceivebsuppliesbtheybneed btobstaybinbbusiness.
A) True
B) False
8) In b an b ethicalb analysisb usingb theb WPHb Framework breferenced bin bthebtext,b ownersbarebthebmostb im
portantb stakeholdersb and bshould b receivebthebgreatestb consideration bin b decision b makingb regardles
sb of b theb typeb of b problem b addressed.
A) True
B) False
1
Copyright b ©bMcGraw-Hillb Education.Allb rightsb rese rved. b No b reproduction b orb distribution b without b the b priorb written b consentb ofb McGraw-Hillb Education.
mynursytest.store
,DOWNLOAD THE Test Bank for Dynamic Business Law 4th Edition Kubasek
b b b b b b b b b b
9) Underb theb WPHb frameworkb forbethicalbbusinessb decisions,bbusinessbdecisionsb areb madebin bpursuitb of
b ab particularb purpose b and b areb instrumentsb toward b an b ethicalb end.
A) True
B) False
10) Thebtermsbshareholderband bstakeholderbhavebthebsamebmeaning.
A) True
B) False
11) Thebcommunitybinb whichb abfirmb operatesb would bnot b bebconsidered b abstakeholderbof b theb firm.
A) True
B) False
12) Ethicalbrelativismband bsituationalbethicsbmeanbthebsamebthing.
A) True
B) False
13) Consequentialismbprovidesbabrigid bset bof brulesbtobfollow bregardlessbof bthebsituation.
A) True
B) False
14) Onebformbof bconsequentialismbisbutilitarianism.
A) True
B) False
15) Ethicalbissuesbdobnot bexist binbaccountingbbecausebthebfield binvolvesbprimarilybobjectivebdata.
A) True
B) False
2
Copyright b ©bMcGraw-Hillb Education.Allb rightsb rese rved. b No b reproduction b orb distribution b without b the b priorb written b consentb ofb McGraw-Hillb Education.
mynursytest.store
, DOWNLOAD THE Test Bank for Dynamic Business Law 4th Edition Kubasek
b b b b b b b b b b
16) In b theb Caseb Opener,b ab defendantb soughtb to bdismissb ab plaintiff'sbcasebagainstb Accutanebarisingb fromb all
egationsb thatb Accutane b caused bulcerative bcolitisb and birritableb bowelb syndrome.b Which bofbthebfollowin
gb courtb rulingsb wasb theb resultbofb theb defendant'sbmotion bto bdismissb based bonb statutebofb limitation b grou
nds?
A) Thatb thebstatuteb ofb limitationsb began b tob runb on b thebplaintiff'sb claimb whenb theb risk bof b thebdrugb wasb
discovered bbyb thebmanufacturer,b notb onb theb dateb on b which b thebplaintiffb became bawarebof b theb riskb
and b thatb theb statuteb of b limitations,b therefore,b barred b herb claim.
B) That bthebdefendant b committed bfraud b preventingbit bfrombrelyingbonbthebstatuteb of blimitations.
C) Thatb because b thebplaintiffbwasbwarnedb byb herbdoctorbofbspecificbrisksbcaused bby bthebmedication,
theb statuteb of blimitationsb began b to brun bpriorbto bthebtimeb sheb becamebawarebofbanb advertisementb
b
discussingb theb risk;b and b theb statuteb of b limitationsb barred b herb claim.
D) Thatb in b lawsuitsb involvingb thisb typeb of bdrug,b therebisb no bstatuteb of blimitationsb becauseb each b da
y b theb plaintiff b suffersb fromb pain b resultsb in b theb beginningb of b ab newb causeb of b action.
E) Thatb becauseb theb plaintiffb wasb notb warned bbyb herb doctorb ofb specificb risksb causedb byb theb medi
cation,b theb statuteb ofb limitationsb didb notb beginb to b run buntilb shebbecameb awareb ofb an b advertise
mentb discussingb theb risk.
17) Which b of b thebfollowingb presentsb abproblemb when bconsideringb thebtheoryb ofb ethicsbknown basb ab
solutism?
A) Theb factb thatb mostb individualsb associated bwith b thisb theory b havebbeen bproven bto bhaveb acted bto b the
b detrimentb of b theirb followers b in b one b way b orb another.
B) Theballegationb that b anb excessiveb numberb of b followersb actuallyb follow b consequentialism.
C) Theb unquestionable bnaturebofbthebrulesbin b mostb absolutistb repositoriesb seemsb overly b in
flexibleb when b applied b to b differentb situations.
D) Theblackbof bobjectivity.
E) Theb questionable b natureb ofb thebrulesbin bmostb absolutistb repositoriesb seemsb overly b flexibleb w
hen b applied b to b differentb situations.
18) Which b of b thebfollowingb isb thebapplication b ofb ethicsb to bspecialb problemsband bopportunitiesb ex
perienced b by b those b in b business?
A) Businessb utilitarianism
B) Businessbethics
C) Situationalbethics
D) Sarbanes-Oxleyb principles
E) Consequentialism
3
Copyright b ©bMcGraw-Hillb Education.Allb rightsb rese rved. b No b reproduction b orb distribution b without b the b priorb written b consentb ofb McGraw-Hillb Education.
mynursytest.store
b b b b b b b b b b
Chapter 02 Business Ethics
b b b
MULTIPLEbCHOICEbQUESTIONS
1) Ethicalb conversationb isb primarilybabout bfindingbtheboneb and b onlybright bthingbtob do.
A) True
B) False
2) Businessb ethicsb isb theb application bofbethicsbto b theb specialb problemsbandb opportunitiesb experienced b by
b businessb people.
A) True
B) False
3) Businessb ethicsb resultsbinbabset bof b correct bdecisions.
A) True
B) False
4) Theb only b socialb responsibility b thatbbusinessesbhaveb isbto bfocusbonb howbbusinessb decisionsbaffectb co
mpany b operations.
A) True
B) False
5) Insurerb American b InternationalbGroup b(AIG)b isbwellb known bin bthebinsurance b industry b forb itsb et
hicalb businessb practices.
A) True
B) False
6) Legalb rulesb governingb contractb lawsb havebbeenb shapedb in blargeb partb byb ourb sensebofbcommercialb eth
ics.
A) True
B) False
7) Inbsomebcountries,bbusinessesbmust bpaybbribesbtobreceivebsuppliesbtheybneed btobstaybinbbusiness.
A) True
B) False
8) In b an b ethicalb analysisb usingb theb WPHb Framework breferenced bin bthebtext,b ownersbarebthebmostb im
portantb stakeholdersb and bshould b receivebthebgreatestb consideration bin b decision b makingb regardles
sb of b theb typeb of b problem b addressed.
A) True
B) False
1
Copyright b ©bMcGraw-Hillb Education.Allb rightsb rese rved. b No b reproduction b orb distribution b without b the b priorb written b consentb ofb McGraw-Hillb Education.
mynursytest.store
,DOWNLOAD THE Test Bank for Dynamic Business Law 4th Edition Kubasek
b b b b b b b b b b
9) Underb theb WPHb frameworkb forbethicalbbusinessb decisions,bbusinessbdecisionsb areb madebin bpursuitb of
b ab particularb purpose b and b areb instrumentsb toward b an b ethicalb end.
A) True
B) False
10) Thebtermsbshareholderband bstakeholderbhavebthebsamebmeaning.
A) True
B) False
11) Thebcommunitybinb whichb abfirmb operatesb would bnot b bebconsidered b abstakeholderbof b theb firm.
A) True
B) False
12) Ethicalbrelativismband bsituationalbethicsbmeanbthebsamebthing.
A) True
B) False
13) Consequentialismbprovidesbabrigid bset bof brulesbtobfollow bregardlessbof bthebsituation.
A) True
B) False
14) Onebformbof bconsequentialismbisbutilitarianism.
A) True
B) False
15) Ethicalbissuesbdobnot bexist binbaccountingbbecausebthebfield binvolvesbprimarilybobjectivebdata.
A) True
B) False
2
Copyright b ©bMcGraw-Hillb Education.Allb rightsb rese rved. b No b reproduction b orb distribution b without b the b priorb written b consentb ofb McGraw-Hillb Education.
mynursytest.store
, DOWNLOAD THE Test Bank for Dynamic Business Law 4th Edition Kubasek
b b b b b b b b b b
16) In b theb Caseb Opener,b ab defendantb soughtb to bdismissb ab plaintiff'sbcasebagainstb Accutanebarisingb fromb all
egationsb thatb Accutane b caused bulcerative bcolitisb and birritableb bowelb syndrome.b Which bofbthebfollowin
gb courtb rulingsb wasb theb resultbofb theb defendant'sbmotion bto bdismissb based bonb statutebofb limitation b grou
nds?
A) Thatb thebstatuteb ofb limitationsb began b tob runb on b thebplaintiff'sb claimb whenb theb risk bof b thebdrugb wasb
discovered bbyb thebmanufacturer,b notb onb theb dateb on b which b thebplaintiffb became bawarebof b theb riskb
and b thatb theb statuteb of b limitations,b therefore,b barred b herb claim.
B) That bthebdefendant b committed bfraud b preventingbit bfrombrelyingbonbthebstatuteb of blimitations.
C) Thatb because b thebplaintiffbwasbwarnedb byb herbdoctorbofbspecificbrisksbcaused bby bthebmedication,
theb statuteb of blimitationsb began b to brun bpriorbto bthebtimeb sheb becamebawarebofbanb advertisementb
b
discussingb theb risk;b and b theb statuteb of b limitationsb barred b herb claim.
D) Thatb in b lawsuitsb involvingb thisb typeb of bdrug,b therebisb no bstatuteb of blimitationsb becauseb each b da
y b theb plaintiff b suffersb fromb pain b resultsb in b theb beginningb of b ab newb causeb of b action.
E) Thatb becauseb theb plaintiffb wasb notb warned bbyb herb doctorb ofb specificb risksb causedb byb theb medi
cation,b theb statuteb ofb limitationsb didb notb beginb to b run buntilb shebbecameb awareb ofb an b advertise
mentb discussingb theb risk.
17) Which b of b thebfollowingb presentsb abproblemb when bconsideringb thebtheoryb ofb ethicsbknown basb ab
solutism?
A) Theb factb thatb mostb individualsb associated bwith b thisb theory b havebbeen bproven bto bhaveb acted bto b the
b detrimentb of b theirb followers b in b one b way b orb another.
B) Theballegationb that b anb excessiveb numberb of b followersb actuallyb follow b consequentialism.
C) Theb unquestionable bnaturebofbthebrulesbin b mostb absolutistb repositoriesb seemsb overly b in
flexibleb when b applied b to b differentb situations.
D) Theblackbof bobjectivity.
E) Theb questionable b natureb ofb thebrulesbin bmostb absolutistb repositoriesb seemsb overly b flexibleb w
hen b applied b to b differentb situations.
18) Which b of b thebfollowingb isb thebapplication b ofb ethicsb to bspecialb problemsband bopportunitiesb ex
perienced b by b those b in b business?
A) Businessb utilitarianism
B) Businessbethics
C) Situationalbethics
D) Sarbanes-Oxleyb principles
E) Consequentialism
3
Copyright b ©bMcGraw-Hillb Education.Allb rightsb rese rved. b No b reproduction b orb distribution b without b the b priorb written b consentb ofb McGraw-Hillb Education.
mynursytest.store
