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Business
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Business Law with UCC Applications
Quiz 1: Ethics, Social Responsibility, and the Law
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Question 21
Multiple Choice
The theory of the ____________ says that right and wrong have no intrinsic value, but instead are determined by circumstance, situation, or even personal preference.
Question 22
Multiple Choice
Martin Luther King, Jr. refused to obey the injunction in Birmingham in the early 1960's that prohibited King from speaking publicly merely because he was black. He was jailed for his disobedience. King felt that there was a higher law than the law of the land. King's actions were most likely based on a(n) ____________ ethical model.
Question 23
Multiple Choice
The ethic of ____________ must be practiced by individuals because individuals can never foresee the result of their actions.
Question 24
Multiple Choice
Developing, formulating, and applying rules in line with our values is the job of:
Question 25
True/False
While the law protects our rights, only ethical principles can stop us from doing something that is wrong.
Question 26
Multiple Choice
____________ sees law and morality as united in a common and fundamental bond.
Question 27
Multiple Choice
According to ____________, whether an action is moral or not depends on the ultimate effects of that action.
Question 28
Multiple Choice
Political scientist and philosopher, Michael Sandel, warns that our tendency to evaluate everything based on money creates two insidious results-injustice and corruption. Here, Sandel is most likely critiquing which ethical theory?
Question 29
Multiple Choice
____________ is a philosophical theory that says ethical values can be determined by a proper application of human reason.
Question 30
Multiple Choice
If the only question a corporate manager asks before she takes an action is whether the benefit to the shareholders will outweigh the cost to the corporation, she would most likely using a(n) ____________ ethical model.
Question 31
Multiple Choice
The social contract ethical theory:
Question 32
Multiple Choice
According to neoliberalism, or ethical relativism:
Question 33
Multiple Choice
____________ consist of rules of conduct established by the government of a society to maintain harmony, stability, and justice.
Question 34
Multiple Choice
Which of the following do positive law theory and natural law theory have in common?
Question 35
Multiple Choice
____________ are values that govern a society's attitude toward right and wrong and toward good and evil.
Question 36
Multiple Choice
If Samantha believes that the primary way to judge whether an action is right or wrong is to use quantification as the primary tool for determining value, she would believe in:
Question 37
Multiple Choice
____________ is a vision of society in which competition for wealth is the only recognized value and virtually all social decisions are left to unregulated markets... It is a world in which... "everything [is] for sale."