PVL3704 Assignment 2 QUIZ
Chapter 2 assignment Questions
And Answers 2024
Adebola is preparing a research paper for her
Introduction to Business class regarding early
government regulations that affected American
business. Which of the following was the first
federal act to regula...
Adebola is preparing a research paper for her
Introduction to Business class regarding early
government regulations that affected American
business. Which of the following was the first
federal act to regulate business practices?
a. the sherman antitrust act
,b. the federal trade commission act
c. the clayton antitrust act
d. the interstate commerce act - ANSWER-the
interstate commerce act
Rishaan just researched the Bernard Madoff
scandal, and he is appalled by what he has
learned. Bernard Madoff was a fraudster and
financier who ran the largest Ponzi scheme in
history, defrauding his clients of approximately
$50 billion in investments. Rishaan's research
and his reaction relate most closely to which of
the following academic disciplines?
a. business ethics
b. law
c. ethics
d. economics - ANSWER-business ethics
, What is the distinction between ethics and
business ethics?
a. ethics may become part of the law, while
business ethics may not
b. business ethics may become part of the law,
while ethics may not
c. ethics is the study of right and wrong and the
morality of the choices individuals make, while
business ethics is the application of moral
standards to business situations
d. business ethics is the study of right and
wrong and the morality of the choices
individuals make, while ethics is the application
of moral standards to business situations -
ANSWER-ethics is the study of right and wrong
and the morality of the choices individuals
make, while business ethics is the application of
moral standards to business situations
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