A real estate agent who recommends a management firm to an apartment complex
buyer without disclosing that the agent owns 50% of the firm has committed an ethical
violation.
What factors contribute to the failure in necessary confrontation?
Discuss the ethics of the pension accounting processes companies used prior to the
Pension Protection Act of 2006.
Materiality is generally defined by accountants as a percentage range.
Your supervisor has told you that he wants to “get rid of Jane.” Jane is a Hispanic
female co-worker who is very bright and capable and hardworking. Your supervisor has
asked you to document everything Jane does and says that will help build a case for
termination. You should do as your supervisor tells you.
The Divine Command Theory includes the principles of natural law.
WorldCom’s accounting was confusing because of its mergers and acquisitions.
Malden Mills was able to emerge after the fire with a story of continuing success.
The Rights Theory is generally associated with Plato and Aristotle.
In the story of the “Parable of the Sadhu,” the author never learns whether the Sadhu
lived or died.
Freedom from physical abuse is a basic fair employment practice.
You are in marketing for one of the three U.S. auto manufacturers. You have just
received a notice from your seat belt buckle supplier that the buckles shipped to you
and used in the cars made between June 94 and September 94 are defective. The defect
means that the buckles will come undone if pressure is placed on the belts at any speed
over 10 miles per hour. You must encourage your firm to issue a recall.
Describe a situation in which Dr. Friedman would support a corporation taking
voluntary or socially responsible action.
Plato and Aristotle were moral relativists.
Intentional breach of a contract carries a legal remedy, but it is also unethical.
Your supervisor has had a calendar with pictures of naked women on the inside panel of
his desk for several months. A secretary spotted the calendar and commented to your
supervisor that it was not appropriate for an office. Your supervisor took down the
calendar and has asked you to back him up if any complaints are filed. He has asked
you to say that you never saw the calendar. It would not be unethical for you to do as
your supervisor requests because he has removed the calendar.
A commercial broker who accepts fees from both the seller and the buyer of the
business without disclosure to either has not committed an ethical violation if both
parties are happy with the transaction.
“It’s a gray area,” is an example of ethical analysis.