Business Law 1 UNIT 1 — MILESTONE 1 QUESTIONS AND ANSWERS 100% Accuracy, latest 2024

18 questions were answered correctly. 5 questions were answered incorrectly. 1 Select the true statement about the relationship between law, ethics, and business. Abiding by the law is sufficient for businesses to earn a moral reputation. What is ethical in business is not necessarily required by law. The law ensures ethical conduct in most areas of business. It is impossible for a business to behave unethically if it follows the law. CONCEPT What Is Ethics? 2 A 33-year-old business owner is put on trial for negligence. When in his trial process does voir dire occur? In the appeals stage At the beginning, as part of jury selection 10/19/2020 Sophia :: Welcome After the closing arguments After a witness has given testimony, as part of the cross-examination CONCEPT The Trial 3 Which of the following is a consideration when choosing a form of business organization? The earnings generated by the business in prior years The location of the business The short-term goals of the business founders The tax burden that a business owner is willing to accept