NAU ACC 205 STUDY GUIDE 2025/2026 QUESTIONS AND
ANSWERS GRADED A+
✔✔In the U.S. saying something untrue about someone that harms their reputation can
lead to payment of money to that person. Carson, an ambassador to the United States
from Genovia, says something untrue about a U.S. citizen while he is presiding over a
meeting of Genovian government employees. If Carson cannot be sued for this, it is
because of - ✔✔the doctrine of sovereign immunities
✔✔Utilitarian ethics will determine that an action is morally correct when it produces the
greatest good for - ✔✔the most people
✔✔Franchise relationships are governed by - ✔✔contract law
✔✔Under the standard of due care, a director's decisions must be - ✔✔informed and
reasonable
✔✔Preemption is the idea that - ✔✔federal regulations take precedence over state
regulations if their is a conflict
✔✔Jim organized, and owns and operates, Jim's Landscaping Service is the simplest
form of business organization. This is - ✔✔a sole proprietorship
✔✔In making decisions for United Merchandising Company, Vance uses a cost-benefit
analysis. This is part of - ✔✔utilitarianism
✔✔The "categorical imperative" to ethical issues that arise at work. This requires that
the decision maker - ✔✔weigh the consequences that would follow if everyone acted
the same
✔✔The first step in the incorporation procedure is to - ✔✔select a state in which to
incorporate
✔✔Belle is trying to make a decision. She has made a list of all of the benefits and
potential harms of each option, she is completing which part of the COVER model? -
✔✔outcome
✔✔Henry is making a decision and analyzes the worst publicity that may result from
each option. Then he looks at how he could respond to that publicity and stay consistent
with his company's mission. He is completing which part of the COVER model? -
✔✔editorial
, ✔✔The power of Congress that allows them to regulate most of the business activity in
the United States is found in the - ✔✔Commerce Clause
✔✔Zelena is the president of a company and is trying to make a decision. In order to
evaluate a number of options, she looks to the mission statement of the company. In
doing this, she is completing which part of the COVER model? - ✔✔value
✔✔The United States taxes each barrel of imported oil at a flat rate. This is - ✔✔a tariff
✔✔The power to enforce international law within the borders of all nations rest with -
✔✔the United Nations General Assembly
✔✔Business Abroad, Inc., a U.S. firm, obtains a judgement in a U.S. court against
Quang Tri, Ltd., a Vietnamese business. Whether the court's judgment will be enforced
by a court in Vietnam depends on the Vietnamese court's application of - ✔✔the
principle of comity
✔✔Emma and Killian are trying to decide whether it is ethical to open a factory in a
certain town. In doing so, they review the land use regulations and the local
employment discrimination statues. This analysis is what part of the COVER model? -
✔✔Code
✔✔The idea that a corporation should do more than just maximize short term profits
and instead should be a good citizen is called - ✔✔corporate social responsibility
✔✔Brad stands in front of Café, shouting obscene words and words that are likely to
incite the cafe's patrons to respond violently. The First Amendment likely protects such
speech - ✔✔none of the time
✔✔The system that allows the U.S. President to veto a bill, Congress to approve
treaties the President wants in place, and the federal courts to review acts of Congress
is the system of - ✔✔checks and balances
✔✔Under the First Amendment, corporate political speech is given - ✔✔significant
protection
✔✔Sustainable Café LLC is a limited liability company. Like any other LLC, unless
Sustainable Café chooses otherwise, the firm will be taxed as - ✔✔a partnership
✔✔The government entity that is most likely to be involved in regulating environmental
issues - ✔✔are federal and state regulatory agencies
✔✔Utilitarianism focuses on - ✔✔the consequences of an action
ANSWERS GRADED A+
✔✔In the U.S. saying something untrue about someone that harms their reputation can
lead to payment of money to that person. Carson, an ambassador to the United States
from Genovia, says something untrue about a U.S. citizen while he is presiding over a
meeting of Genovian government employees. If Carson cannot be sued for this, it is
because of - ✔✔the doctrine of sovereign immunities
✔✔Utilitarian ethics will determine that an action is morally correct when it produces the
greatest good for - ✔✔the most people
✔✔Franchise relationships are governed by - ✔✔contract law
✔✔Under the standard of due care, a director's decisions must be - ✔✔informed and
reasonable
✔✔Preemption is the idea that - ✔✔federal regulations take precedence over state
regulations if their is a conflict
✔✔Jim organized, and owns and operates, Jim's Landscaping Service is the simplest
form of business organization. This is - ✔✔a sole proprietorship
✔✔In making decisions for United Merchandising Company, Vance uses a cost-benefit
analysis. This is part of - ✔✔utilitarianism
✔✔The "categorical imperative" to ethical issues that arise at work. This requires that
the decision maker - ✔✔weigh the consequences that would follow if everyone acted
the same
✔✔The first step in the incorporation procedure is to - ✔✔select a state in which to
incorporate
✔✔Belle is trying to make a decision. She has made a list of all of the benefits and
potential harms of each option, she is completing which part of the COVER model? -
✔✔outcome
✔✔Henry is making a decision and analyzes the worst publicity that may result from
each option. Then he looks at how he could respond to that publicity and stay consistent
with his company's mission. He is completing which part of the COVER model? -
✔✔editorial
, ✔✔The power of Congress that allows them to regulate most of the business activity in
the United States is found in the - ✔✔Commerce Clause
✔✔Zelena is the president of a company and is trying to make a decision. In order to
evaluate a number of options, she looks to the mission statement of the company. In
doing this, she is completing which part of the COVER model? - ✔✔value
✔✔The United States taxes each barrel of imported oil at a flat rate. This is - ✔✔a tariff
✔✔The power to enforce international law within the borders of all nations rest with -
✔✔the United Nations General Assembly
✔✔Business Abroad, Inc., a U.S. firm, obtains a judgement in a U.S. court against
Quang Tri, Ltd., a Vietnamese business. Whether the court's judgment will be enforced
by a court in Vietnam depends on the Vietnamese court's application of - ✔✔the
principle of comity
✔✔Emma and Killian are trying to decide whether it is ethical to open a factory in a
certain town. In doing so, they review the land use regulations and the local
employment discrimination statues. This analysis is what part of the COVER model? -
✔✔Code
✔✔The idea that a corporation should do more than just maximize short term profits
and instead should be a good citizen is called - ✔✔corporate social responsibility
✔✔Brad stands in front of Café, shouting obscene words and words that are likely to
incite the cafe's patrons to respond violently. The First Amendment likely protects such
speech - ✔✔none of the time
✔✔The system that allows the U.S. President to veto a bill, Congress to approve
treaties the President wants in place, and the federal courts to review acts of Congress
is the system of - ✔✔checks and balances
✔✔Under the First Amendment, corporate political speech is given - ✔✔significant
protection
✔✔Sustainable Café LLC is a limited liability company. Like any other LLC, unless
Sustainable Café chooses otherwise, the firm will be taxed as - ✔✔a partnership
✔✔The government entity that is most likely to be involved in regulating environmental
issues - ✔✔are federal and state regulatory agencies
✔✔Utilitarianism focuses on - ✔✔the consequences of an action
