LEG 500 Final Exam Part 1

Question 1 LEG 500 Final Exam Part 1 Which of the following statements best illustrates the view of “utilitarianism”? I. From each according to his abilities, to each according to his needs. II. The risk reasonably to be perceived defines the duty to be obeyed and risks imports relation; it is risk to another or to others within the range of apprehension. III. An action is right when maximizing welfare and total well-being. IV. Individuals should pursue his or her own self-interest, even at the expense of others. Correct Answer: III only Question 2 The best example of a source for virtue ethics for a business is Correct Answer: the corporate mission statement. Question 3 According to Citizens United v. Federal Election Commission, which of the following is not a reason to allow corporations the right to spend money and advertise for political candidates? Correct Answer: The immense wealth of a corporation allows it to be the most accurate in providing messages to people. Question 4 Which of the following views on outsourcing would be consistent with the free market ethics approach advocated by Milton Friedman? Correct Answer: Outsourcing enhances competitiveness, modernization, and bigger market opportunities. Question 5 Corporate director or officer decisions to dedicate corporate funds for social causes is called: Correct Answer: Corporate Social Responsibility (CSR) Question 6 Under the legal doctrine of “employment at will” an employee can be lawfully terminated from her job for: I. wearing a shirt that clashes with her suit II. any non-discriminatory reason III. complaining about illegal activity in the workplace IV. only for good cause Correct Answer: I and II Question 7 In the essay, Work Matters, by law professor Marion Crain, all of the following are the result of working except: Correct Answer: People stay out of jail. Question 8 Exceptions to the rule of employment-at-will include which of the following? I. organization of unions II. passage of Sarbanes Oxley Act III. raising of public policy issues IV. promise of implied-contract or covenant-of-good-faith Correct Answer: I, II, III, IV Question 9 The Constitution does not always protect free-speech rights for what public employees say on the job. Which of the following is true? Correct Answer: Public employees may speak out on matters of public concern and have First Amendment protection but not when they speak out in the course of their official duties. Question 10 To determine whether a public employee receives First Amendment protection from