In the essay, “Is Business Bluffing Ethical?” Albert Carr insists that business
a. requires people to behave unethically.
b. has nothing to do with morality.
c. has its own special moral rules, divorced from ordinary morality.
d. requires employees to have absolute loyalty.
Answer:
Used properly, personality tests serve two purposes in the work place. Which of the
following is one of those purposes?
a. Personality tests help screen applicants for jobs by indicating areas of adequacy and
inadequacy.
b. Personality tests help to determine whether an applicant is a drug user.
c. Personality tests help determine how little the business has to pay an applicant if
hired.
d. Personality tests help determine if an applicant will be willing to work for low pay.
Answer:
According to the legal doctrine of strict product liability,
a. the producer of a product is responsible for any injury the consumer suffers.
b. consumers must assume all risk whenever they buy a product.
c. product liability presupposes negligence by more than one party.
d. a manufacturer need not be negligent to be held liable for a defective product.
Answer:
Which of the following is true regarding utilitarian beliefs?
a. Utilitarians wish to maximize happiness not simply immediately, but in the long run
as well.
b. Utilitarians contend that we can determine with certainty what the future
consequences of our present actions will be.
c. When choosing among possible actions, utilitarianism requires us to disregard our
own happiness.
d. For the hedonistic utilitarian, knowledge, friendship, and aesthetic satisfaction are
inherently good.
Answer:
Which of the following contributed to the more relaxed incorporation procedures of
modern times?
a. The idea that incorporation is a by-product of the people’s right to associate, not a gift
from the state.
b. The move from mercantilist thinking to a belief in Benjamin Franklin’s invisible
hand.
c. The idea that incorporation is a gift from the state.
d. The thought that laissez-faire is a losing proposition.
Answer:
Which of the following is true based on documented evidence of discrimination?
a. African Americans have the third highest standard of living in the world.
b. Today, men are just as likely as women to be in so-called “pink collar” occupations.
c. There is little statistical evidence of job discrimination today.
d. Relatively few women and minorities have made it to the very top of their
professions.
Answer:
Animal manure
a. is not available in sufficient quantities to replenish agricultural land.
b. is a large source of pollution.
c. helps counteract the “greenhouse effect”.
d. is potentially more dangerous than nuclear power.
Answer:
Used properly, personality tests serve two purposes in the work place. Which of the
following is one of those purposes?
a. Personality tests help screen applicants for jobs by indicating areas of adequacy and
inadequacy.
b. Personality tests help to determine whether an applicant is a drug user.
c. Personality tests help determine how little the business has to pay an applicant if
hired.
d. Personality tests help determine if an applicant will be willing to work for low pay.
Answer:
According to libertarianism, liberty is the prime value, and justice consists in being free
from the interference of others.
Answer:
According to W. D. Ross, we have immediate intuitive knowledge of the basic prima
facie moral obligations/principles.
Answer:
The Supreme Court has rejected the idea that inside trading involves “misappropriating”
confidential information.
Answer:
The new discipline of “ecological economics” calculates the value of an ecosystem, not
in terms of what people are willing to pay for it, but in terms of what it would cost to
provide the benefits and services that the ecosystem now furnishes us.
Answer:
The invisible-hand argument against broadening corporate responsibility says that
business’s appetite for profit should be controlled by the hand of the government.
Answer:
It is never profitable for corporations to acknowledge that business should be conducted
to make a positive contribution to society rather than just make a profit.
Answer:
Rule utilitarianism applies the utilitarian standard, not to individual actions, but to
moral codes as a whole.
Answer:
The doctrine of caveat emptor means that the law may be justifiably used to restrict the
freedom of individuals for their own good.
Answer:
The rising affluence of people in the United States has meant a corresponding decrease
in pollution and its attendant environmental problems in the United States.
Answer:
Nonconsequentialist theories of ethics never consider the consequences of an action or
rule when making a moral judgment.
Answer:
D.W. Haslett argues that inheritance is inconsistent with capitalism.
Answer:
An argument is a group of statements, one of which is claimed to follow from the
others.
Answer:
Distributive justice concerns the morally proper distribution of social benefits and
burdens.
Answer:
Government programs often subsidize American businesses and protect them from
competition.
Answer:
The United States leads the world in executive pay.
Answer: