LES 305 TEST PAPER 1 2026 COMPLETE
QUESTIONS AND SOLUTIONS GRADED A+
●● Ethical egoists believe that solving ethical dilemmas requires
training and nurturing of virtues.
Answer: FALSE
●● You are silent while a coworker gets blamed for something you did.
This activity falls in the Giving or Allowing False Impressions category
of Ethical Dilemmas.
Answer: TRUE
●● Committing acts of personal decadence, like driving home drunk
after an office holiday party has no relevance to business ethics
Answer: FALSE
●● Tolerating someone else's unethical actions is not an ethical dilemma
since you did not actually commit any act that is unethical
Answer: FALSE
●● "If we don't do it, someone else will" is a rationalization
Answer: TRUE
, ●● Rationalizations prove that our conduct is ethical
Answer: FALSE
●● Proponents of the Enlightened Self‑Interest School believe that a
manager is responsible first to shareholders, but serves them best by
being responsible to larger society.
Answer: TRUE
●● The inherence view for business social responsibility is one that
requires a company to do all that it can for its community.
Answer: FALSE
●● The Ice-T case illustrates what can happen when managers don't take
shareholders interests into account when making business decisions
Answer: TRUE
●● "I was just following orders" is a defense in law and a test for ethical
behavior.
Answer: FALSE
●● A bank cuts off credit card payments received in the mail at 10am,
even though the mail usually arrives in the afternoon, which resulted in
$29 late fees for numerous customers whose payments arrived at 1 pm.
This is an example of Taking Unfair Advantage.
QUESTIONS AND SOLUTIONS GRADED A+
●● Ethical egoists believe that solving ethical dilemmas requires
training and nurturing of virtues.
Answer: FALSE
●● You are silent while a coworker gets blamed for something you did.
This activity falls in the Giving or Allowing False Impressions category
of Ethical Dilemmas.
Answer: TRUE
●● Committing acts of personal decadence, like driving home drunk
after an office holiday party has no relevance to business ethics
Answer: FALSE
●● Tolerating someone else's unethical actions is not an ethical dilemma
since you did not actually commit any act that is unethical
Answer: FALSE
●● "If we don't do it, someone else will" is a rationalization
Answer: TRUE
, ●● Rationalizations prove that our conduct is ethical
Answer: FALSE
●● Proponents of the Enlightened Self‑Interest School believe that a
manager is responsible first to shareholders, but serves them best by
being responsible to larger society.
Answer: TRUE
●● The inherence view for business social responsibility is one that
requires a company to do all that it can for its community.
Answer: FALSE
●● The Ice-T case illustrates what can happen when managers don't take
shareholders interests into account when making business decisions
Answer: TRUE
●● "I was just following orders" is a defense in law and a test for ethical
behavior.
Answer: FALSE
●● A bank cuts off credit card payments received in the mail at 10am,
even though the mail usually arrives in the afternoon, which resulted in
$29 late fees for numerous customers whose payments arrived at 1 pm.
This is an example of Taking Unfair Advantage.
