BUL 4421-001 Ethics Test
Comprehensive Questions (Frequently
Tested) with Verified Answers Graded A+
Ethics - Answer: the study of right and wrong behavior; knowing whether the action is fair, right,
and just.
Business Ethics - Answer: directors and officers owe a complex set of duties to all of their
stakeholders
civil liability - Answer: initiated by harmed individuals or administrative agencies such as SEC
Criminal Culpability - Answer: initiated by law enforcement and/or prosecutes
professional liability - Answer: loss of license to practice certain profession
The most common reason ethical problems manifest in business - Answer: an overemphasis on
short term profit
Religious Ethical Standards - Answer: rightness or wrongness of an action is usually judged
according to its conformity to an absolute rule that commands a particular form of behavior
Kantian Ethics - Answer: rightness or wrongness of an action is judged by estimating the
consequences that would follow if everyone in society performed the act under consideration
Principle Rights - Answer: in deciding whether an action is ethical, one should consider what
consequences their actions would have on fundamental rights of others
Comprehensive Questions (Frequently
Tested) with Verified Answers Graded A+
Ethics - Answer: the study of right and wrong behavior; knowing whether the action is fair, right,
and just.
Business Ethics - Answer: directors and officers owe a complex set of duties to all of their
stakeholders
civil liability - Answer: initiated by harmed individuals or administrative agencies such as SEC
Criminal Culpability - Answer: initiated by law enforcement and/or prosecutes
professional liability - Answer: loss of license to practice certain profession
The most common reason ethical problems manifest in business - Answer: an overemphasis on
short term profit
Religious Ethical Standards - Answer: rightness or wrongness of an action is usually judged
according to its conformity to an absolute rule that commands a particular form of behavior
Kantian Ethics - Answer: rightness or wrongness of an action is judged by estimating the
consequences that would follow if everyone in society performed the act under consideration
Principle Rights - Answer: in deciding whether an action is ethical, one should consider what
consequences their actions would have on fundamental rights of others
