BUSINESS law 421
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Business Law 1 UNIT 1 — MILESTONE 1 QUESTIONS AND ANSWERS 100% Accuracy, latest 2024
- Exam (elaborations) • 12 pages • 2024
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18 questions were answered correctly. 
5 questions were answered incorrectly. 
1 
Select the true statement about the relationship between law, ethics, and business. 
Abiding by the law is sufficient for businesses to earn a moral reputation. 
What is ethical in business is not necessarily required by law. 
The law ensures ethical conduct in most areas of business. 
It is impossible for a business to behave unethically if it follows the law. 
CONCEPT 
What Is Ethics? 
2 
A 33-year-old business o...
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