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Exam (elaborations)

new blr Question and answers 100% correct 2024/2025

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new blr Question and answers 100% correct 2024/2025 new blr It is tempting to declare that anyone who accepts harsh, unfair, or abusive employment conditions in a free society has no legitimate complaint because s/he freely chose to accept the job and freely chooses to go on working under these...

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  • October 7, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BLR
  • BLR
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new blr
It is tempting to declare that anyone who accepts harsh, unfair, or abusive
employment conditions in a free society has no legitimate complaint because
s/he freely chose to accept the job and freely chooses to go on working under
these conditions. Which of these raises the most serious objection or question
for this line of thought? - correct answer ✔Could be exploitation


Many ethics experts see insider trading as being unethical because it involves
unfairness. Which of these best describes the form of unfairness that seems
to be present in insider trading? - correct answer ✔Misappropriation Theory"
theory of insider trading


A few experts on insider trading have advocated relaxing or even abolishing
the legal regulations and ethical standards against insider trading because
they argue that . . . - correct answer ✔Benefit to Market" as it balances
everything out


With power comes responsibility (i.e., those with power have an ethical
obligation to it responsibly). - correct answer ✔Wide/Broad/Stakeholder view


The development of limited liability for corporations means that . . . - correct
answer ✔Limited Liability shields investors from legal liability for the actions
of the company


What duties are agents generally considered to owe to their principals? -
correct answer ✔Protect and promote the interests of the principle


Contributing someone else's money to charity without their permission is theft,
no matter how worthy the charity might be. - correct answer
✔Narrow/Classical view

, Quid pro quo sexual harassment is when . . . - correct answer ✔"something
for something"
Example: Manager says they will promote you in return for a sexual favor


Every group who makes an investment-financial or otherwise--in the success
of a company has a right to a fair return on that investment. - correct answer
✔Strong version of the stakeholder theory


Stockholders often care about more than just money. - correct answer
✔Wide/Broad/Stakeholder view


The advice that most business ethics experts give about when it is morally
legitimate to engage in whistle-blowing reflects the fact that . . . - correct
answer ✔there is solid evidence that the company's activities pose a
significant and immediate threat to others, and there is no other way to get the
company to correct its own behavior


What implication did the US Supreme Court's decision in Griggs v. Duke
Power Company have for employment screening practices? - correct answer
✔If a requirement for a promotion of hiring has an adverse effect on members
of a protected group, then the employer must show why that test or
requirement is related to job performance or business necessity.


Which of these is NOT true of the legal doctrine of employment at will? -
correct answer ✔- Does not have all of the same rights that a real person
has
- Has the right to sue in court
- Right to own property
- Right to enter into contracts

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