100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
2024 update|CLA1501 Commercial Law 1/Commercial Law - Test 1 | latest |COMPREHENSIVE MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS | GET IT 100% ACCURATE!!$12.99
Add to cart
2024 update|CLA1501 Commercial Law 1/Commercial Law - Test 1 | latest |COMPREHENSIVE MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS | GET IT 100% ACCURATE!!
5 views 3 purchases
Course
2024 update|CLA1501 Commercial Law 1
Institution
2024 Update|CLA1501 Commercial Law 1
2024 update|CLA1501 Commercial Law 1/Commercial Law - Test 1 | latest |COMPREHENSIVE MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS | GET IT 100% ACCURATE!!
10/29/24, 7:11 PM 2024 update|CLA1501 Commercial Law 1/Commercial Law - Test 1 |2024-2025 latest |COMPREHENSIVE MOST TESTED Q…
2024 update|CLA1501 Commercial Law
1/Commercial Law - Test 1 |2024-2025 latest
|COMPREHENSIVE MOST TESTED QUESTIONS
AND VERIFIED SOLUTIONS | GET IT 100%
ACCURATE!!
Terms in this set (98)
What is ethics? B
a. always telling the truth
b. the study of how
people should behave
c. following the law
d. the rules by which you
live your life
,10/29/24, 7:11 PM 2024 update|CLA1501 Commercial Law 1/Commercial Law - Test 1 |2024-2025 latest |COMPREHENSIVE MOST TESTED Q…
Dahlia is in the process of C
developing her set of Life
Principles. She asks you
for your advice. What will
you tell Dahlia is
important for her to
follow when developing
her Life Principles?
a. The focus of her Life
Principles should reflect
what the law says is
"right" or "wrong."
b. It is better to develop
Life Principles that are
general in nature rather
than ones that are too
specific.
c. Her Life Principles
should be based on her
own values.
d. Her Life Principles
should be based on the
moral standards dictated
by society.
Which person argued D
that a corporate
manager's primary
responsibility is to the
shareholders of the
organization and that
managers should make
the company as
profitable as possible
while also complying
with the law?
a. John Rawls
b. John Stuart Mill
c. Immanuel Kant
d. Milton Friedman
,10/29/24, 7:11 PM 2024 update|CLA1501 Commercial Law 1/Commercial Law - Test 1 |2024-2025 latest |COMPREHENSIVE MOST TESTED Q…
John Johnson is a B
customer of company
ABC. As such, John is a(n)
a. shareholder.
b. customer and
stakeholder.
c. customer only.
d. stakeholder only.
Which of the following is A
NOT a stakeholder?
a. a business competitor
b. shareholders
c. employees
d. customers
Which of the following D
statements best
exemplifies how society
as a whole benefits from
ethical behavior?
a. Consumers are willing
to pay more for a
product they believe to
be ethically produced.
b. People feel better
when they behave
ethically.
c. Unethical behavior can
be very costly.
d. Ethical behavior builds
trust which is important in
all of our relationships.
, 10/29/24, 7:11 PM 2024 update|CLA1501 Commercial Law 1/Commercial Law - Test 1 |2024-2025 latest |COMPREHENSIVE MOST TESTED Q…
Which scenario is an C
example of a true ethics
dilemma?
a. The Tipton Company
considers running
advertisements to
publicize the contribution
it made to a national
charity
b. that offers tutoring to
low-income children.
Employees at Spiffy Hair
Salon ask management if
they can set up a booth
at an inner-city street fair
to give free haircuts to
anyone who needs one.
c. Sure-Good Soup
Company is thinking
about using more
expensive organic
vegetables in its
products to promote
consumer health, even
though company profits
might be reduced.
d. At the request of many
customers, Maxim
Company considers
pulling advertising from a
radio talk show that
endorses "fringe"
conspiracy theories.
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller CodedNurse. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
