If I fainted and in the process of fainting, knocked over a lamp, which started a fire, which sort of excusing condition would limit my moral responsibility for the fire?
a. I nternaI coercion
b. External coercion
c. The absence of alternatives
d. Lack of control
43. On the view of this sort of capitalism, the function of government is to preserve the peace and to adjudicate disputes among those engaged in business transactions.
a. State capital ism
b. Socialism
c Total itarian ism
d Laissez-faire capitalism
44. Which of the following economic systems did not exist prior to the industrial revolution?
a. Feudalism
b. Totalitarianism
c. Capitalism
d. Democracy
45. Socialism is commonly, and erroneously, often confused with which of the following?
a. Communism
b. Capitalism
c. Feudalism
d. None of the above.
46. Antitrust legislation is an example of which of the following?
a. Control of economic cycles
b. Correction of unfair tendencies and of market failures
c. Development of a welfare safety net
d. Taxation
47. The restriction of multinationals from lobbying against reforms or laws that protect workers or consumers is an expression of which norm?
a. Respect the laws of a host country.
b. Do no intentional direct harm.
c. Respect the human rights of workers.
d. Promote the development of just background institutions internally.
48. Which of the following is the general obligation derived from the system of free enterprise that holds that parties must be able to count on the actions of other agents with whom they interact?
a. The obi igation to do no harm
b. The obligation to live up to the contracts into which one enters freely
c. The obligation to be fair in the transactions in which it engages
d. The obligation not to undermine the freedom and values of the system
49. Which of the following is not true about the moral responsibilities of management?
a. Management is responsible to the workers.
b. Management is responsible to the board.
c. Management is responsible to maximize profits.
d. Management is responsible to the shareholders.
50. Which of the following was a result of the Enron failure?
a. The Rescue Bill
b. The Employee Compensation Act
c. The Sarbanes-Oxley Act
d. The Corporate Democracy Act
51. Which of the following was an employee complaint in the Enron case?
a. At the same time top executives were selling their stock, the same executives were encouraging employees to buy the stock.
b. During the period of the stock’s collapse, Enron employees were encouraged to sell thei r stocks.
c. While top executives were buying stock in the company, they were encouraging employees to sell their stocks.
d. Top management was encouraging employees to hold their stocks because they felt the stock would rebound.
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Write My Essay For Me52. Which of the following is a moral basis for disclosure of corporate information?
a. Each person has the right to know those actions of others that could benefit him.
b. Each person has the right to any information about a company he desires.
c. Each person has the right to enter a transaction fairly and thus is required to inform others of his intent.
d. Each person has the right to know those actions of others that wi II serious and adversely affect him.
53. Martha Stewart was charged with which of the following?
a. Making an insider trade
b. Lying in connection with making an alleged insider trade
c. Failing to disclose the financial position of her company
d. Obstructing justice by not providing proper documentation of workplace safety
54. In the Diamond Shamrock and Occidental Petroleum Corporation deal, which of the following best describes the actions of Ivan Boesky and Michael Milken?
a. They shared inside information with intent to make a significant profit, but because of actions that neither foresaw, they lost money.
b. They shared inside information with the intent to make significant profit, but were found out and thus doomed the deal.
c. They traded inside information with intent to make significant profit, and, after the deal went through, both made substantial profits.
d. They traded insider information with intent to make significant profit, but decided that it was improper and so did not take advantage of the information.
55. At its height, the compensation of top executives at large companies was, on average, how much higher than the pay of the average worker?
a. 7 ti mes greater
b. 20 times greater
c. Over 700 ti mes greater
d. Over 300 times greater
56. What is the term that refers to compensation given the family of a CEO in the event that he dies in office?
a. The golden coffin
b. The golden parachute
c. The golden egg
d. The golden will
57. Until Ben Cohen retired as CEO of Ben & Jerry’s, the cap on executive pay was which of the following?
a. Twenty times that of the average worker
b. Seven times that of the lowest paid worker
c. Fourteen ti mes that of the average worker
d. Fifty times that of the lowest paid worker
58. What is the first step in the assessment of safety?
a. Deciding how much safety is demanded with respect to a particular product or activity
b. Determining how much safety is attainable and how to attain it in a given endeavor
c. Ascertaining whether a particular instance of a product or activity comes up to standards of safety
d. Lowering the level of risk until it is found, by the ordinary person, to be acceptable
59. What is the second step in the assessment of safety?
a. Deciding how much safety is demanded with respect to a particular product or activity
b. Determining how much safety is attainable and how to attain it in a given endeavor
c. Ascertaining whether a particular instance of a product or activity comes up to standards of safety
d. Lowering the level of risk until it is found, by the ordinary person, to be acceptable
60. What is the third step in the assessment of safety?
a. Deciding how much safety is demanded with respect to a particular product or activity
b. Determining how much safety is attainable and how to attain it in a given endeavor
c. Ascertaining whether a particular instance of a product or activity comes up to standards of safety
d. Lowering the level of risk until it is found, by the ordinary person, to be acceptable
61. Which step in the assessment of safety is a technical question?
a. Deciding how much safety is demanded with respect to a particular product or activity
b. Determining how much safety is attainable and how to attain it in a given endeavor
c. Ascertaining whether a particular instance of a product or activity comes up to standards of safety
d. Deciding who will experience the risk
62. Which step in the assessment of safety involves a question of acceptable risk?
a. Deciding how much safety is demanded with respect to a particular product or activity
b. Determining how much safety is attainable and how to attain it in a given endeavor
c. Ascertaining whether a particular instance of a product or activity comes up to standards of safety
d. Deciding who will experience the risk
63. Which of the following is a problem with strict liability?
a. Manufacturers are given greater incentive to make their products safer.
b. The company is in the best position to fix a defect in its product.
c. A company has a “deep pocket,” and so is best able to accept the cost of harm.
d. No company can foresee all of the misuses of its product.
64. Which of the following is an example of preventing pollution at its source?
a. Reimbursing those harmed for the harm done
b. Disposing of the pollution in an appropriate way
c. Not allowing the pollution to develop
d. Properly creating a “paper trace” to track pollution
65. All of the following may result from whistle-blowing cases EXCEPT:
a. Most individuals are fired
b. Individuals are blackballed in the industry
c. Individuals may be shunted at promotion time
d. The possibility of promotion
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