2700 business law ethics exam Questions With Answers Graded A+ Assured Success
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Course
2700 business law ethics
Institution
2700 Business Law Ethics
The Foreign Corrupt Practices Act prevents each of the following except:
a) Bribes to foreign officials
b) Bribes to foreign political party officials
c) Bribes to candidates for office in foreign nations
d) Bribes to foreign officials if the payment is legal under the local laws. - ️️(d)
...
2700 business law ethics exam
The Foreign Corrupt Practices Act prevents each of the following except:
a) Bribes to foreign officials
b) Bribes to foreign political party officials
c) Bribes to candidates for office in foreign nations
d) Bribes to foreign officials if the payment is legal under the local laws. - ✔️✔️(d)
Bribes to foreign officials if the payment is legal under the local laws.
Before you decide that you have an ethical responsibility to act in a way contrary to
what the law requires you should:
a) Try to change the law
b) Examine whose interest is being advanced by acting contrary to the law.
c) Work with accountants and lawyers to ensure you can act contrary to the law without
others finding out.
d) All of the above
(a) and (b) above - ✔️✔️e. both (a) and (b) Try to change the law. & Examine whose
interest is being advanced by acting contrary to the law.
T/F The primary legal responsibility of business is to obey the law - ✔️✔️true
T/F You move to Alabama from Illinois. While traveling on Wire Road outside of Auburn,
you never see a speed limit sign, so you assume the speed limit is 55 mph since it's a
wide, nice road out in the country and 55 mph seems safe to you. You are puled over
and given a ticket for speeding by a state trooper who tells you the speed limit on all
country roads in Alabama is 45 mph unless otherwise posted. You can tell the judge
you did not know what the law was and he will dismiss your case because of that. -
✔️✔️false
T/F In the United States our first option if we find an unjust law is always to just ignore
the law. - ✔️✔️false
T/F According to Mr. Cochran, most corporate fraud in the last 20 years resulted from a
lack of understanding of ethics and the legal responsibility of business under the law. -
✔️✔️false
T/F Under the Sarbanes-Oxley Act all publicly registered companies (those that are
traded on stock exchanges) must have a "Code of Ethics" or make it clear that they
elect not to have a "Code of Ethics" - ✔️✔️true
T/F Bribery is illegal in the United States, but may not be illegal in other countries. -
✔️✔️true
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