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Question 1Not yet answeredMarked out of 1.00Flag questionQuestion textLibertarianism refers to a philosophical system that endorses an essentially free market view of ethics.Select one:TrueFalseQuestion 2Not yet answeredMarked out of 1.00Flag questionQuestion textKant’s categorical imperative is the notion that every person should act only on those principles that he or she, as a rational person, would prescribe as universal laws.Select one:TrueFalseQuestion 3Not yet answeredMarked out of 1.00Flag questionQuestion textIn most nations, the payment of bribes is accepted as a necessary and a lawful way of doing business.Select one:TrueFalseQuestion 4Not yet answeredMarked out of 1.00Flag questionQuestion textThe Foreign Corrupt Practices Act (FCPA) was enacted in response to disclosure of widespread bribery by American firms.Select one:TrueFalseQuestion 5Not yet answeredMarked out of 1.00Flag questionQuestion textThe 2002 Sarbanes-Oxley Act significantly increased penalties and provided other aggressive measures for attacking corporate crime by publicly traded companies.Select one:TrueFalseQuestion 6Not yet answeredMarked out of 1.00Flag questionQuestion textSocial enterprise is a movement in which people launch nonprofits and businesses or take jobs using entrepreneurial and managerial skills for the purpose, in part, of addressing social problems.Select one:TrueFalseQuestion 7Not yet answeredMarked out of 1.00Flag questionQuestion textThe free market view is that business’ single “social responsibility” is lawful profit maximization.Select one:TrueFalseQuestion 8Not yet answeredMarked out of 1.00Flag questionQuestion textHistorically, other stakeholders were more important than shareholders in their perceived importance to companies’ decision-making.Select one:TrueFalseQuestion 9Not yet answeredMarked out of 1.00Flag questionQuestion textSubstantive laws include the judicial system and the rules by which it operates.Select one:TrueFalseQuestion 10Not yet answeredMarked out of 1.00Flag questionQuestion textA civil action begins when the plaintiff files his/her first pleading, which is labeled a complaint.Select one:TrueFalseQuestion 11Not yet answeredMarked out of 1.00Flag questionQuestion text_____ in the United States, Japan, Denmark, and other nations favors business to create wealth and government to regulate as needed.Select one:a. Regional socialismb. Democratic capitalismc. Religious socialismd. State capitalismQuestion 12Not yet answeredMarked out of 1.00Flag questionQuestion text____ in countries such as Russia, China, and Saudi Arabia employs the market to build wealth, which in turn is controlled and distributed by the state for its political purposes.Select one:a. State capitalismb. Regional socialismc. Religious socialismd. Democratic capitalismQuestion 13Not yet answeredMarked out of 1.00Flag questionQuestion textThe pure free market approach assumes that:Select one:a. business structures and societies can be operated at large free of all but foundational legal mechanisms.b. less faith should be placed in the market and more in government planning.c. centralized authority will result in a free government and economy free of corruption.d. the legal systems in all countries should reflect a preference for greater central authority.Question 14Not yet answeredMarked out of 1.00Flag questionQuestion textWhich of the following indicates an existentialist’s belief?Select one:a. An existentialist believes in maximizing Christian love.b. An existentialist believes conduct can be rationally justified.c. An existentialist believes that no actions are inherently right or wrong.d. An existentialist believes in absolute adherence to the letter of the law.Question 15Not yet answeredMarked out of 1.00Flag questionQuestion textA(n) _____ believes that good must be weighed against evil in reaching an ethical decision.Select one:a. existentialistb. utilitarianc. libertariand. consequentialistQuestion 16Not yet answeredMarked out of 1.00Flag questionQuestion textA father may be morally committed to saving his son from a burning building, rather than saving another person who might well do more total good for society. The action of the father would be primarily dictated by the _____ ethical system.Select one:a. consequentialistb. teleologicalc. deontologicald. utilitarianQuestion 17Not yet answeredMarked out of 1.00Flag questionQuestion textWhich of the following is true of political action committees?Select one:a. The money disbursed by PACs is part of the general corporate accounts.b. Corporations cannot solicit contributions from employees and shareholders.c. PACs are only supposed to collect voluntary contributions.d. PACs can only contribute to national elections, and not state elections.Question 18Not yet answeredMarked out of 1.00Flag questionQuestion textWhich of the following is true of lobbying in the United States?Select one:a. The activity is confined to the business community.b. It has a negligible effect on political decisions.c. It is illegal for lobbyists to approach politicians.d. It often serves to educate politicians about various issues.Question 19Not yet answeredMarked out of 1.00Flag questionQuestion textWhich among the following is a free trade arrangement that helps in the rapid movement of capital, technology, goods, and services throughout the world?Select one:a. UNESCOb. NAFTAc. UNICEFd. WHOQuestion 20Not yet answeredMarked out of 1.00Flag questionQuestion textWhich of the following is true of Carroll’s Social Responsibility Pyramid?Select one:a. A company’s social responsibility begins with making a profit lawfully.b. A socially responsible firm would focus primarily on its discretionary and ethical responsibilities, and minimize its focus on economic gain.c. A company’s primary responsibility is philanthropy.d. A firm’s economic responsibilities should be limited to breaking even, and all profit should be invested in the community.Question 21Not yet answeredMarked out of 1.00Flag questionQuestion textWhich of the following best defines the stakeholders of a corporation?Select one:a. All those who stand to gain by the corporation’s success.b. All the groups that may significantly affect the firm’s performance or be affected by it.c. All those whose livelihood depends directly on the corporation itself.d. All those who have invested financially in the corporation’s activities.Question 22Not yet answeredMarked out of 1.00Flag questionQuestion text_____ are the supreme expressions of law at both the federal and state levels of government. All other law is subordinate to these.Select one:a. Statutesb. Regulationsc. Casesd. ConstitutionsQuestion 23Not yet answeredMarked out of 1.00Flag questionQuestion textWhich of the following statements is true about the doctrine of stare decisis?Select one:a. According to this doctrine, judges must mandatorily follow precedent when making decisions.b. It enhances efficiency in resolving cases.c. It makes the law unstable and unpredictable.d. This doctrine mandates that every case be resolved as though it were the first of its kind.Question 24Not yet answeredMarked out of 1.00Flag questionQuestion textVirtually all parties seeking Supreme Court review must petition the Court for a writ of _____, which commands the lower court to forward the trial records to the CourtSelect one:a. elegitb. certioric. attachmentd. mandamusQuestion 25Not yet answeredMarked out of 1.00Flag questionQuestion text_____ are the documents by which each party sets his/her initial case before the court.Select one:a. Arraignmentsb. Answersc. Pleadingsd. Demurrers
