Solution Manual for Law and Ethics in the Business Environment 9th Edition Terry Halbert Elaine Ingulli

1b
Copyrightb2019b©bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorb
writtenbconsentbofbMcGraw-HillbEducation.b
DynamicbBusinessbLaw,b5eb(Kubasek)b
Chapterb2bbbBusinessbEthicsbb
b

1)bEthicalbconversationbisbprimarilybaboutbfindingbthebonebandbonlybrightbthingbtobdo.b
b

Answer:bbFALSEb
Explanation:bbEthicalbconversationbisblessbaboutbfindingbthebonebandbonlybrightbthingbtobdobth
anbitb
isbaboutbfindingbthebbetterbthingbtobdo.b
Difficulty:b1bEasybPagebRef:b16b
Topic:bbBusinessbEthicsbandbSocialbResponsibilityb
LearningbObjective:bb02-
01bDistinguishbbetweenbbusinessbethicsbandbthebsocialbresponsibilitybofb
business.b
Bloom's:bbUnderstandb
AACSB:bbEthicsb
Accessibility:bbKeyboardbNavigationb
b

2)bBusinessbethicsbisbthebapplicationbofbethicsbtobthebspecialbproblemsbandbopportunitiesb
experiencedbbybbusinessbpeople.b
b

Answer:bbTRUEb
Explanation:bbEthicsbisbthebstudybandbpracticebofbdecisionsbaboutbwhatbisbgoodborbright.bEthic
sb
guidesbusbwhenbwebarebwonderingbwhatbwebshouldbbebdoingbinbabparticularbsituation.bBusin
essb
ethicsbisbthebapplicationbofbethicsbtobthebspecialbproblemsbandbopportunitiesbexperiencedbbyb
businessbpeople.b
Difficulty:b2bMediumbPagebRef:b16b
Topic:bbBusinessbEthicsbandbSocialbResponsibilityb
LearningbObjective:bb02-
01bDistinguishbbetweenbbusinessbethicsbandbthebsocialbresponsibilitybofb
business.b
Bloom's:bbUnderstandb
AACSB:bbEthicsb
Accessibility:bbKeyboardbNavigationb
b

3)bBusinessbethicsbandbregularbethicsbarebthebexactbsame.b
b

Answer:bbFALSEb
Explanation:bbThebdefinitionbofbethicsbisbthebstudybandbpracticebofbdecisionsbaboutbrightbandb
wrongbwhilebbusinessbethicsbrefersbtobthebapplicationbofbethicsbtobspecialbproblemsbandb
opportunitiesbthatbbusinessbpeoplebface.b

,Difficulty:b2bMediumb
Topic:bbBusinessbEthicsbandbSocialbResponsibilityb
LearningbObjective:bb02-02bRecognizebthebrelationshipbbetweenbbusinessblawbandbbusinessb
ethics.b
Bloom's:bbUnderstandb
AACSB:bbEthicsb
Accessibility:bbKeyboardbNavigationb
b

4)bSocialbresponsibilitybofbbusinessbdealsbwithbthebexpectationsbthatbabcommunitybwouldbim
poseb
DOWNLOADbTHEbTestbBankbforbDynamicbBusinessbLawb5thbEditionbKubasek
nursytestbank.store
2b
Copyrightb2019b©bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorb
writtenbconsentbofbMcGraw-HillbEducation.b
onbabfirmbdoingbbusinessbinbtheirbcommunity.b
b

Answer:bbTRUEb
Explanation:bbThebsocialbresponsibilitybofbbusinessbconsistsbofbthebexpectationsbthatbtheb
communitybimposesbonbfirmsbdoingbbusinessbinsidebitsbborders.b
Difficulty:b2bMediumbPagebRef:b16b
Topic:bbBusinessbEthicsbandbSocialbResponsibilityb
LearningbObjective:bb02-
01bDistinguishbbetweenbbusinessbethicsbandbthebsocialbresponsibilitybofb
business.b
Bloom's:bbUnderstandb
AACSB:bbEthicsb
Accessibility:bbKeyboardbNavigationb
b

5)bInsurerbAmericanbInternationalbGroupb(AIG)bisbwellbknownbinbthebinsurancebindustrybforb
itsb
ethicalbbusinessbpractices.b
b

Answer:bbFALSEb
Explanation:bbBecausebofbriskybbetsbitbmadebinsuringbmortgage-
backedbsecurities,bthebcompanyb
collapsedbandbreceivedbtheblargestbfederalbbailoutbinbU.S.bhistory.bAIGbbecamebthebsourcebofb
widespreadbpublicboutragebwhenbitbpaidboutbmillionsbinbbonusesbtwobdaysbbeforebitsbbailout.
b

Difficulty:b2bMediumbPagebRef:b17-18b
Topic:bbBusinessbEthicsbandbSocialbResponsibilityb
LearningbObjective:bb02-
01bDistinguishbbetweenbbusinessbethicsbandbthebsocialbresponsibilitybofb
business.b
Bloom's:bbUnderstandb

,AACSB:bbEthicsb
Accessibility:bbKeyboardbNavigationb
b

6)bThebForeignbCorruptbPracticesbActbmakesbitbunlawfulbforbabU.S.bpersonbtobmakebpayments
btobab

foreignbofficialbtobobtainborbretainbbusinessbwithbanybperson.b
b

Answer:bbTRUEb
Explanation:bbThebForeignbCorruptbPracticesbActbmakesbitbunlawfulbforbabU.S.bpersonbtobmak
eb
paymentsbtobabforeignbofficialbforbthebpurposesbofbobtainingborbretainingbbusinessbwithbanyb
person.b
Difficulty:b2bMediumb
Topic:bbBusinessbLawbandbBusinessbEthicsb
LearningbObjective:bb02-02bRecognizebthebrelationshipbbetweenbbusinessblawbandbbusinessb
ethics.b
Bloom's:bbUnderstandb
AACSB:bbDiversityb
Accessibility:bbKeyboardbNavigationb
b
b
b

DOWNLOADbTHEbTestbBankbforbDynamicbBusinessbLawb5thbEditionbKubasek
nursytestbank.store
3b
Copyrightb2019b©bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorb
writtenbconsentbofbMcGraw-HillbEducation.b
7)bInbsomebcountries,bbusinessesbmustbpaybbribesbtobreceivebsuppliesbtheybneedbtobstaybinb
business.b
b

Answer:bbTRUEb
Explanation:bbInbsomebcountries,bbusinessesbmustbpaybbribesbtobreceiveblegitimatebsupplies.b
Althoughbthebbusinessbpersonbmaybbebmorallybopposedbtobpayingbbribes,bthebsuppliesbareb
necessarybtobstaybinbbusiness,bsobcompaniesbfacebanbethicalbdilemma.b
Difficulty:b2bMediumbPagebRef:b18b
Topic:bbBusinessbLawbandbBusinessbEthicsb
LearningbObjective:bb02-02bRecognizebthebrelationshipbbetweenbbusinessblawbandbbusinessb
ethics.b
Bloom's:bbUnderstandb
AACSB:bbDiversityb
Accessibility:bbKeyboardbNavigationb
b

8)bInbanbethicalbanalysisbusingbthebWHbFrameworkbreferencedbinbthebtext,bownersbarebthebm
ostb
importantbstakeholdersbandbshouldbreceivebthebgreatestbconsiderationbinbdecisionbmakingb
regardlessbofbthebtypebofbproblembaddressed.b
b

, Answer:bbFALSEb
Explanation:bbThebWHbframeworkbconsidersbwhombthebdecisionbwouldbaffect,bpurposebforbw
hyb
webmakebdecisionsb(values),bandbhowbtobmakebethicalbdecisions.b
Difficulty:b2bMediumbPagebRef:b22b
Topic:bbThebWHbFrameworkbforbBusinessbEthicsb
LearningbObjective:bb02-03bAnalyzebbusinessbdecisionsbusingbthebWHbframework.b
Bloom's:bbUnderstandb
AACSB:bbEthicsb
Accessibility:bbKeyboardbNavigationb
b

9)bUnderbthebWHbframeworkbtheb"W"bstandsbforbWhobandbtheb"H"bstandsbforbhelp.b
b

Answer:bbFALSEb
Explanation:bbThebWHbinbthebWHbFrameworkbstandsbforb"Who"bandb"How".b
Difficulty:b1bEasyb
Topic:bbThebWHbFrameworkbforbBusinessbEthicsb
LearningbObjective:bb02-03bAnalyzebbusinessbdecisionsbusingbthebWHbframework.b
Bloom's:bbUnderstandb
AACSB:bbEthicsb
Accessibility:bbKeyboardbNavigationb
b
b
b

DOWNLOADbTHEbTestbBankbforbDynamicbBusinessbLawb5thbEditionbKubasek
nursytestbank.store
4b
Copyrightb2019b©bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorb
writtenbconsentbofbMcGraw-HillbEducation.b
10)bThebtermsbshareholderbandbstakeholderbhavebthebsamebmeaning.b
b

Answer:bbFALSEb
Explanation:bbThebstakeholdersbofbabfirmbarebthebmanybgroupsbofbpeoplebaffectedbbybthebfirm
'sb
decisions.bShareholdersbarebthebownersbofbthebcompany,bandbarebamongbmanybotherbstakeh
olders.b
Difficulty:b1bEasybPagebRef:b23b
Topic:bbThebWHbFrameworkbforbBusinessbEthicsb
LearningbObjective:bb02-03bAnalyzebbusinessbdecisionsbusingbthebWHbframework.b
Bloom's:bbUnderstandb
AACSB:bbEthicsb
Accessibility:bbKeyboardbNavigationb
b

11)bThebcommunitybinbwhichbabfirmboperatesbwouldbnotbbebconsideredbabstakeholderbofbtheb
firm.b
b

Answer:bbFALSEb