BUL 5810 Midterm Exam Questions and
Answers 100% Pass
Supreme Law of the Land - ✔✔The Constitution
Sources of Federal Law - ✔✔US/state constitutions, federal/state statutes, common
law, case law, and administrative law
Expansion of Administrative Rules and Regulations - ✔✔Legislative Rules: substantive
rules issued by an administrative agency under the authority delegated to it by the
legislature
Interpretative Rules: statements issued by an administrative agency indicating how it
construes a certain statute
Procedural Rules: issued by the agency to establish its method of operation and rules of
conduct
Moral Responsibility of Corporations - ✔✔Because a corporation is a statutorily-created
entity, it is not clear whether it should be held morally responsible as an individual
would
Ultilitarianism - ✔✔The idea that the goal of society should be "the greatest happiness
for the greatest number" of its citizens. More specifically:
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 1
, Act util.: Assess each separate act according to whether it maximizes pleasure over
pain.
Rule util.: Support rules that, on balance, produce greatest pleasure for society.
Deontology - ✔✔Actions must be judged by their motives and means as well as their
results
Ethical Relativism - ✔✔Actions must be judged by what individuals subjectively feel is
right or wrong for themselves; both parties to a disagreement regarding a moral
question are correct, because morality is relative
Immanuel Kant - ✔✔For an act to be moral, it must (1) possess the potential to become a
consistently-applied law and (2) must respect human beings without treating them as
simply a means to an end
Legality vs. Ethical - ✔✔Legal standards are based on written law, while ethical
standards are based on human rights and wrongs. Legal standards are written by gov't
officials, while ethical standards are written by societal norms
Business Ethics - ✔✔What is good or moral in business transactions; regulated by (1)
competition (2) self-regulation (3) gov't regulation
ADR (Alternative Dispute Resolution) - ✔✔Arbitration: Disputants select neutral third
party to make binding decision
Mediation: Neutral third party, but no definitive decision
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 2
Answers 100% Pass
Supreme Law of the Land - ✔✔The Constitution
Sources of Federal Law - ✔✔US/state constitutions, federal/state statutes, common
law, case law, and administrative law
Expansion of Administrative Rules and Regulations - ✔✔Legislative Rules: substantive
rules issued by an administrative agency under the authority delegated to it by the
legislature
Interpretative Rules: statements issued by an administrative agency indicating how it
construes a certain statute
Procedural Rules: issued by the agency to establish its method of operation and rules of
conduct
Moral Responsibility of Corporations - ✔✔Because a corporation is a statutorily-created
entity, it is not clear whether it should be held morally responsible as an individual
would
Ultilitarianism - ✔✔The idea that the goal of society should be "the greatest happiness
for the greatest number" of its citizens. More specifically:
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 1
, Act util.: Assess each separate act according to whether it maximizes pleasure over
pain.
Rule util.: Support rules that, on balance, produce greatest pleasure for society.
Deontology - ✔✔Actions must be judged by their motives and means as well as their
results
Ethical Relativism - ✔✔Actions must be judged by what individuals subjectively feel is
right or wrong for themselves; both parties to a disagreement regarding a moral
question are correct, because morality is relative
Immanuel Kant - ✔✔For an act to be moral, it must (1) possess the potential to become a
consistently-applied law and (2) must respect human beings without treating them as
simply a means to an end
Legality vs. Ethical - ✔✔Legal standards are based on written law, while ethical
standards are based on human rights and wrongs. Legal standards are written by gov't
officials, while ethical standards are written by societal norms
Business Ethics - ✔✔What is good or moral in business transactions; regulated by (1)
competition (2) self-regulation (3) gov't regulation
ADR (Alternative Dispute Resolution) - ✔✔Arbitration: Disputants select neutral third
party to make binding decision
Mediation: Neutral third party, but no definitive decision
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 2
