BUSINESS LAW- ETHICS TEST
QUESTIONS AND ANSWERS
the primary legal responsibility of business is to obey the law - Correct Answers -true
ignorance of the law is an excuse to break the law - Correct Answers -false
in the united states our first option if we find an unjust law is always just to ignore the
law - Correct Answers -false
according to dr. chochran, most corporate fraud in the last 20 years resulted from a lack
of understanding ethics and legal responsibility under the law* - Correct Answers -false
we should not obey the law if... - Correct Answers -a. the laws are unjust to a significant
part of our population
b. the laws are so unjust to make us pay fines or serve time in jail
if you stole $1,000,000 you most likely stole the money because - Correct Answers -you
put your own self interest able the owner of the money
sarbanes oxley act requires "code of ethics" - Correct Answers -true
bribery is illegal - Correct Answers -true
when you decide you have ethical responsibility different than the law you should... -
Correct Answers -a. try to change the law
b. examine who interest is being advanced by acting contrary to the law
the foreign corrupt practices act prevents each of the following except: - Correct
Answers -bribes to foreign officials if the payment is legal under the local laws
ethics is concerned with the fairness or justness of an action - Correct Answers -true
an action may be unethical but still legal - Correct Answers -true
free market principles, you decide to follow market principles and disobey the law. the
ethical theory you are most likely following is - Correct Answers -maximizing profit
an assistant coach at penn state reported to coach joe parterre that another assistant
coach was molesting a young boy, if he asked himself how he would handle it, it would
be... - Correct Answers -kantian ethics
QUESTIONS AND ANSWERS
the primary legal responsibility of business is to obey the law - Correct Answers -true
ignorance of the law is an excuse to break the law - Correct Answers -false
in the united states our first option if we find an unjust law is always just to ignore the
law - Correct Answers -false
according to dr. chochran, most corporate fraud in the last 20 years resulted from a lack
of understanding ethics and legal responsibility under the law* - Correct Answers -false
we should not obey the law if... - Correct Answers -a. the laws are unjust to a significant
part of our population
b. the laws are so unjust to make us pay fines or serve time in jail
if you stole $1,000,000 you most likely stole the money because - Correct Answers -you
put your own self interest able the owner of the money
sarbanes oxley act requires "code of ethics" - Correct Answers -true
bribery is illegal - Correct Answers -true
when you decide you have ethical responsibility different than the law you should... -
Correct Answers -a. try to change the law
b. examine who interest is being advanced by acting contrary to the law
the foreign corrupt practices act prevents each of the following except: - Correct
Answers -bribes to foreign officials if the payment is legal under the local laws
ethics is concerned with the fairness or justness of an action - Correct Answers -true
an action may be unethical but still legal - Correct Answers -true
free market principles, you decide to follow market principles and disobey the law. the
ethical theory you are most likely following is - Correct Answers -maximizing profit
an assistant coach at penn state reported to coach joe parterre that another assistant
coach was molesting a young boy, if he asked himself how he would handle it, it would
be... - Correct Answers -kantian ethics
