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LEG500 Final Exam.DOC

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Free Preview for full version please buy this document thanks;Question 1;4 out of 4 points;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.;Answer;Selected Answer;III only;Correct Answer;III only;Question 2;4 out of 4 points;The best example of a source for virtue ethics for a business is;Answer;Selected Answer;the corporate mission statement.;Correct Answer;the corporate mission statement.;Question 3;4 out of 4 points;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?;Answer;Selected Answer;The immense wealth of a corporation allows it to be the most accurate in providing messages to people.;Correct Answer;The immense wealth of a corporation allows it to be the most accurate in providing messages to people.;Question 4;4 out of 4 points;Which of the following views on outsourcing would be consistent with the free market ethics approach advocated by Milton Friedman?;Answer;Selected Answer;Outsourcing enhances competitiveness, modernization, and bigger market opportunities.;Correct Answer;Outsourcing enhances competitiveness, modernization, and bigger market opportunities.;Question 5;4 out of 4 points;Corporate director or officer decisions to dedicate corporate funds for social causes is called;Answer;Selected Answer;Corporate Social Responsibility (CSR);Correct Answer;Corporate Social Responsibility (CSR);Question 6;4 out of 4 points;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;Answer;Selected Answer;c. I and II;Correct Answer;c. I and II

 

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