Business Law (Chapters 1 & 2)

Question 1 5 / 5 pts Many legal obligations are..

Business Law (Chapters 1 & 2)

Question 1

5 / 5 pts
Many legal obligations are based on moral obligations, but not all moral obligations are legally enforceable.

True

False

Question 2

5 / 5 pts
The threat of legal prosecution and penalties:

does not eliminate all unethical practices.

helps to eliminate all unethical practices.

has caused an increase in unethical practices.

does not make any impact on unethical practices.

Question 3

5 / 5 pts
The beliefs of an individual as to what is right and wrong are called:

morals.

ethics.

values.

religion.

Question 4

5 / 5 pts
There are 50 federal circuit courts of appeal, one for each state.

True

False

Question 5

5 / 5 pts
The U.S. Supreme Court hears ______.

all appeals directly from the federal trial courts

a large percentage of appeals from both the federal and state appellate courts

a small percentage of appeals as it has no legal obligation to hear all appeals from lower courts

all appeals directly from the state trial courts

Question 6

5 / 5 pts
Morals are the standards and principles that society has adopted as a guide for the behavior of the individual within society.

True

False

Question 7

5 / 5 pts
Today’s business professionals involved in global markets are sometimes faced with ethical predicaments because of different:

languages.

modes of transport.

values of money.

standards of ethics.

Question 8

5 / 5 pts
It is necessary for the average person to understand some of the general principles of law, how to avoid common problem and pitfalls, and know when to seek professional help.

True

False

Question 9

5 / 5 pts
The usual motivation behind whistleblowing is the outrage to a person’s sense of:

knowledge.

confidence.

self-esteem.

ethics.

Question 10

5 / 5 pts
The literal translation of “stare decisis” would mean ______.

“during the pendency of a proceeding”

“to send a summons”

“to stand on decided cases”

“to postpone hearing without a date”

Question 11

5 / 5 pts
Unlike the federal constitution, state constitutions provide safeguards for the rights of individuals within that particular state.

True

False

Question 12

5 / 5 pts
Sometimes, the driving force for reform may be the:

whistleblower.

protagonist.

quality assuror.

ethic guru.

Question 13

5 / 5 pts
The development of technology has introduced a burgeoning array of ethical questions.

True

False

Question 14

5 / 5 pts
The actions of corporations that are intended to demonstrate the corporate wish to behave responsively take many forms and are conducted under the banner of:

corporate liability.

patriotic duties.

corporate responsibility.

national mandate.

Question 15

5 / 5 pts
The U.S. Office of Government Ethics is concerned with all of the following topics, except:

financial Disclosure.

conflicting financial interests.

consumer Protection.

misuse of position.

Question 16

5 / 5 pts
The whistleblower may be confronted with an ethical:

observation.

dilemma.

quantum.

practice.

Question 17

5 / 5 pts
It is not possible for a code to make clear what a company expects of its personnel in terms of the ethical dimensions of corporate policies and actions.

True

False

Question 18

5 / 5 pts
Decisions made by the U.S. Supreme Court must ______ by other courts.

not be referred to

be followed

not be followed

be reviewed

Question 19

Not yet graded / 5 pts
How important is a code of ethics for companies today?
Your Answer:

Code of ethics maintain the ethical standards of the companies and firms. Without the credo, dealing with customer is difficult.

Question 20

Not yet graded / 5 pts
What are the basic functions of the U.S. Office of Government Ethics?
Your Answer:

Many function are performed by U.S. Office of Government Ethics like financial disclosure, position misuse and other financial conflicts.

Question 1

5 / 5 pts
Many legal obligations are based on moral obligations, but not all moral obligations are legally enforceable.

True

False

Question 2

5 / 5 pts
The threat of legal prosecution and penalties:

does not eliminate all unethical practices.

helps to eliminate all unethical practices.

has caused an increase in unethical practices.

does not make any impact on unethical practices.

Question 3

5 / 5 pts
The beliefs of an individual as to what is right and wrong are called:

morals.

ethics.

values.

religion.

Question 4

5 / 5 pts
There are 50 federal circuit courts of appeal, one for each state.

True

False

Question 5

5 / 5 pts
The U.S. Supreme Court hears ______.

all appeals directly from the federal trial courts

a large percentage of appeals from both the federal and state appellate courts

a small percentage of appeals as it has no legal obligation to hear all appeals from lower courts

all appeals directly from the state trial courts

Question 6

5 / 5 pts
Morals are the standards and principles that society has adopted as a guide for the behavior of the individual within society.

True

False

Question 7

5 / 5 pts
Today’s business professionals involved in global markets are sometimes faced with ethical predicaments because of different:

languages.

modes of transport.

values of money.

standards of ethics.

Question 8

5 / 5 pts
It is necessary for the average person to understand some of the general principles of law, how to avoid common problem and pitfalls, and know when to seek professional help.

True

False

Question 9

5 / 5 pts
The usual motivation behind whistleblowing is the outrage to a person’s sense of:

knowledge.

confidence.

self-esteem.

ethics.

Question 10

5 / 5 pts
The literal translation of “stare decisis” would mean ______.

“during the pendency of a proceeding”

“to send a summons”

“to stand on decided cases”

“to postpone hearing without a date”

Question 11

5 / 5 pts
Unlike the federal constitution, state constitutions provide safeguards for the rights of individuals within that particular state.

True

False

Question 12

5 / 5 pts
Sometimes, the driving force for reform may be the:

whistleblower.

protagonist.

quality assuror.

ethic guru.

Question 13

5 / 5 pts
The development of technology has introduced a burgeoning array of ethical questions.

True

False

Question 14

5 / 5 pts
The actions of corporations that are intended to demonstrate the corporate wish to behave responsively take many forms and are conducted under the banner of:

corporate liability.

patriotic duties.

corporate responsibility.

national mandate.

Question 15

5 / 5 pts
The U.S. Office of Government Ethics is concerned with all of the following topics, except:

financial Disclosure.

conflicting financial interests.

consumer Protection.

misuse of position.

Question 16

5 / 5 pts
The whistleblower may be confronted with an ethical:

observation.

dilemma.

quantum.

practice.

Question 17

5 / 5 pts
It is not possible for a code to make clear what a company expects of its personnel in terms of the ethical dimensions of corporate policies and actions.

True

False

Question 18

5 / 5 pts
Decisions made by the U.S. Supreme Court must ______ by other courts.

not be referred to

be followed

not be followed

be reviewed

Question 19

Not yet graded / 5 pts
How important is a code of ethics for companies today?
Your Answer:

Code of ethics maintain the ethical standards of the companies and firms. Without the credo, dealing with customer is difficult.

Question 20

Not yet graded / 5 pts
What are the basic functions of the U.S. Office of Government Ethics?
Your Answer:

Many function are performed by U.S. Office of Government Ethics like financial disclosure, position misuse and other financial conflicts.

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