TEST BANK for Dynamic Business Law: The Essentials, 5th Edition Kubasek, Browne, Herron, Dhooge, Barkacs. ISBN13: 9781260253382

DOWNLOAD THE Test Bank for Dynamic Business Law 5th Edition Kubasek
n n n n n n n n n n




DynamicnBusinessnLaw,n5en(Kubasek)n
Chaptern2 BusinessnEthics

1) Ethicalnconversationnisnprimarilynaboutnfindingnthenonenandnonlynrightnthingntondo.

Answer:n FALSE
Explanation:n Ethicalnconversationnisnlessnaboutnfindingnthenonenandnonlynrightnthingntondonthannitnis
naboutnfindingnthenbetternthingntondo.

Difficulty:n1nEasynPagenRef:n16
Topic:n BusinessnEthicsnandnSocialnResponsibility
LearningnObjective:n 02-
01nDistinguishnbetweennbusinessnethicsnandnthensocialnresponsibilitynofnbusiness.
Bloom's:nUnderstandnAA
CSB:n Ethics
Accessibility:n KeyboardnNavigation

2) Businessnethicsnisnthenapplicationnofnethicsntonthenspecialnproblemsnandnopportunitiesne
xperiencednbynbusinessnpeople.

Answer:n TRUE
Explanation:n Ethicsnisnthenstudynandnpracticenofndecisionsnaboutnwhatnisngoodnornright.nEthicsngu
idesnusnwhennwenarenwonderingnwhatnwenshouldnbendoingninnanparticularnsituation.nBusinessnethi
csnisnthenapplicationnofnethicsntonthenspecialnproblemsnandnopportunitiesnexperiencednbynbusines
snpeople.
Difficulty:n2nMediumnPagenRef:n16
Topic:n BusinessnEthicsnandnSocialnResponsibility
LearningnObjective:n 02-
01nDistinguishnbetweennbusinessnethicsnandnthensocialnresponsibilitynofnbusiness.
Bloom's:nUnderstandnAA
CSB:n Ethics
Accessibility:n KeyboardnNavigation

3) Businessnethicsnandnregularnethicsnarenthenexactnsame.

Answer:n FALSE
Explanation:nThendefinitionnofnethicsnisnthenstudynandnpracticenofndecisionsnaboutnrightnandnwrongn
whilenbusinessnethicsnrefersntonthenapplicationnofnethicsntonspecialnproblemsnandnopportunitiesnthat
nbusinessnpeoplenface.

Difficulty:n2nMedium
Topic:n BusinessnEthicsnandnSocialnResponsibility
LearningnObjective:n 02-
02nRecognizenthenrelationshipnbetweennbusinessnlawnandnbusinessnethics.
Bloom's:nUnderstandnAA
CSB:n Ethics
Accessibility:n KeyboardnNavigation

4) Socialnresponsibilitynofnbusinessndealsnwithnthenexpectationsnthatnancommunitynwouldnimpose
1
Copyrightn2019n©nMcGraw-
HillnEducation.nAllnrightsnreserved.nNonreproductionnorndistributionnwithoutnthenpriornwrittennconsentnofnMcGraw-
HillnEducation.
mynursytest.store

,DOWNLOAD THE Test Bank for Dynamic Business Law 5th Edition Kubasek
n n n n n n n n n n




onnanfirmndoingnbusinessninntheirncommunity.

Answer:n TRUE
Explanation:n Thensocialnresponsibilitynofnbusinessnconsistsnofnthenexpectationsnthatnthencommunit
ynimposesnonnfirmsndoingnbusinessninsidenitsnborders.
Difficulty:n2nMediumnPagenRef:n16
Topic:n BusinessnEthicsnandnSocialnResponsibility
LearningnObjective:n 02-
01nDistinguishnbetweennbusinessnethicsnandnthensocialnresponsibilitynofnbusiness.
Bloom's:nUnderstandnAA
CSB:n Ethics
Accessibility:n KeyboardnNavigation

5) InsurernAmericannInternationalnGroupn(AIG)nisnwellnknownninntheninsurancenindustrynfornitsne
thicalnbusinessnpractices.

Answer:n FALSE
Explanation:n Becausenofnriskynbetsnitnmadeninsuringnmortgage-
backednsecurities,nthencompanyncollapsednandnreceivednthenlargestnfederalnbailoutninnU.S.nhistory.nAI
Gnbecamenthensourcenofnwidespreadnpublicnoutragenwhennitnpaidnoutnmillionsninnbonusesntwondaysnbe
forenitsnbailout.
Difficulty:n2nMediumnPagenRef:n17-18
Topic:n BusinessnEthicsnandnSocialnResponsibility
LearningnObjective:n 02-
01nDistinguishnbetweennbusinessnethicsnandnthensocialnresponsibilitynofnbusiness.
Bloom's:nUnderstandnAA
CSB:n Ethics
Accessibility:n KeyboardnNavigation

6) ThenForeignnCorruptnPracticesnActnmakesnitnunlawfulnfornanU.S.npersonntonmakenpaymentsntonanf
oreignnofficialntonobtainnornretainnbusinessnwithnanynperson.

Answer:n TRUE
Explanation:nThenForeignnCorruptnPracticesnActnmakesnitnunlawfulnfornanU.S.npersonntonmakenpay
mentsntonanforeignnofficialnfornthenpurposesnofnobtainingnornretainingnbusinessnwithnanynperson.
Difficulty:n2nMedium
Topic:n BusinessnLawnandnBusinessnEthics
LearningnObjective:n 02-
02nRecognizenthenrelationshipnbetweennbusinessnlawnandnbusinessnethics.
Bloom's:nUnderstandnAA
CSB:n Diversity
Accessibility:n KeyboardnNavigation




2
Copyrightn2019n©nMcGraw-
HillnEducation.nAllnrightsnreserved.nNonreproductionnorndistributionnwithoutnthenpriornwrittennconsentnofnMcGraw-
HillnEducation.
mynursytest.store

,DOWNLOAD THE Test Bank for Dynamic Business Law 5th Edition Kubasek
n n n n n n n n n n




7) Innsomencountries,nbusinessesnmustnpaynbribesntonreceivensuppliesntheynneedntonstayninnb
usiness.

Answer:n TRUE
Explanation:n Innsomencountries,nbusinessesnmustnpaynbribesntonreceivenlegitimatensupplies.nAlthou
ghnthenbusinessnpersonnmaynbenmorallynopposedntonpayingnbribes,nthensuppliesnarennecessaryntonsta
yninnbusiness,nsoncompaniesnfacenannethicalndilemma.
Difficulty:n2nMediumnPagenRef:n18
Topic:n BusinessnLawnandnBusinessnEthics
LearningnObjective:n 02-
02nRecognizenthenrelationshipnbetweennbusinessnlawnandnbusinessnethics.
Bloom's:nUnderstandnAA
CSB:n Diversity
Accessibility:n KeyboardnNavigation

8) InnannethicalnanalysisnusingnthenWHnFrameworknreferencedninnthentext,nownersnarenthenmostni
mportantnstakeholdersnandnshouldnreceiventhengreatestnconsiderationninndecisionnmakingnregard
lessnofnthentypenofnproblemnaddressed.

Answer:n FALSE
Explanation:n ThenWHnframeworknconsidersnwhomnthendecisionnwouldnaffect,npurposenfornwhynwe
nmakendecisionsn(values),nandnhowntonmakenethicalndecisions.

Difficulty:n2nMediumnPagenRef:n22
Topic:n ThenWHnFrameworknfornBusinessnEthics
LearningnObjective:n02-
03nAnalyzenbusinessndecisionsnusingnthenWHnframework.nBloom's:n Understand
AACSB:n Ethics
Accessibility:n KeyboardnNavigation

9) UndernthenWHnframeworknthen"W"nstandsnfornWhonandnthen"H"nstandsnfornhelp.

Answer:nnn FALSE
Explanation:n ThenWHninnthenWHnFrameworknstandsnforn"Who"nandn"How".nDiff
iculty:n1nEasy
Topic:n ThenWHnFrameworknfornBusinessnEthics
LearningnObjective:n02-
03nAnalyzenbusinessndecisionsnusingnthenWHnframework.nBloom's:n Understand
AACSB:n Ethics
Accessibility:n KeyboardnNavigation




3
Copyrightn2019n©nMcGraw-
HillnEducation.nAllnrightsnreserved.nNonreproductionnorndistributionnwithoutnthenpriornwrittennconsentnofnMcGraw-
HillnEducation.
mynursytest.store

, DOWNLOAD THE Test Bank for Dynamic Business Law 5th Edition Kubasek
n n n n n n n n n n




10) Thentermsnshareholdernandnstakeholdernhaventhensamenmeaning.

Answer:n FALSE
Explanation:n Thenstakeholdersnofnanfirmnarenthenmanyngroupsnofnpeoplenaffectednbynthenfirm'sndecis
ions.nShareholdersnarenthenownersnofnthencompany,nandnarenamongnmanynothernstakeholders.nDiffic
ulty:n1nEasynPagenRef:n23
Topic:n ThenWHnFrameworknfornBusinessnEthics
LearningnObjective:n02-
03nAnalyzenbusinessndecisionsnusingnthenWHnframework.nBloom's:n Understand
AACSB:n Ethics
Accessibility:n KeyboardnNavigation

11) Thencommunityninnwhichnanfirmnoperatesnwouldnnotnbenconsiderednanstakeholdernofnthenfirm.

Answer:n FALSE
Explanation:n Thengeneralncommunitynwherenanfirmnoperatesnisnanstakeholdernofnthenfirm.nDifficult
y:n1nEasynPagenRef:n23
Topic:n ThenWHnFrameworknfornBusinessnEthics
LearningnObjective:n02-
03nAnalyzenbusinessndecisionsnusingnthenWHnframework.nBloom's:n Understand
AACSB:n Ethics
Accessibility:n KeyboardnNavigation

12) Ethicalnrelativismnisnantheorynofnethicsnthatndeniesnthenexistencenofnobjectivenmoralnstandardsna
ndnteachesnthatnindividualsnmustnevaluatenactionsnonnthenbasisnofnwhatntheynfeelnisnbestnfornthemsel
ves.

Answer:n TRUE
Explanation:nEthicalnrelativismnisnantheorynofnethicsnthatndeniesnthenexistencenofnobjectivenmoralnsta
ndards.nAccordingntonethicalnrelativism,nindividualsnmustnevaluatenactionsnonnthenbasisnofnwhatnthe
ynfeelnisnbestnfornthemselves.
Difficulty:n1nEasy
Topic:n TheoriesnofnBusinessnEthics
LearningnObjective:n02-
04AnRecognizenthentheoriesnofnbusinessnethics.nBloom's:n Understand
AACSB:n Ethics
Accessibility:n KeyboardnNavigation




4
Copyrightn2019n©nMcGraw-
HillnEducation.nAllnrightsnreserved.nNonreproductionnorndistributionnwithoutnthenpriornwrittennconsentnofnMcGraw-
HillnEducation.
mynursytest.store