BUL 4421 FAU QUIZ 1 MODIFIED AND RECTIFIED.

Bul 4421 Fau Quiz 1 Modified And Rectified
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The social responsibility of business consists only of the expectations employees have of
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employers. - CORRECT ANSWER-False
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Which of the following is accurate regarding the speed and cost of ADR? - CORRECT
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ANSWER-It is usually faster and cheaper.
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A[n]
______ clause has been defined as one in which the terms are "manifestly unfair or
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oppressive and are dictated by a dominant party." - CORRECT ANSWER-Unconscionable
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Utilitarianism is a form of consequentialism. - CORRECT ANSWER-True
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. A(n) ______ is a provision in a contract that mandates that all disputes arising under the
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contract must be settled by arbitration - CORRECT ANSWER-Binding
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arbitration
clause

Which of the following is the application of ethics to special problems and opportunities
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experienced by those in business? - CORRECT ANSWER-Business
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ethics

Which of the following is the minimal standard essential for the development of business
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ethics? A. Meeting the requirements of deontology - CORRECT ANSWER-The legality of a
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decision.
b




The arbitrator typically provides a decision within ____ days of an arbitration hearing. -
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CORRECT ANSWER-30
b b




Which of the following is the study and practice of decisions about what is good, or right? -
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CORRECT ANSWER-Ethics
b b