Leg500 Exam

Question 1
5 out of 5 points

Select the best definition of ethics:
Answer

Selected Answer: a set of relatively unclear principles regarding what we should do.
Correct Answer: a set of relatively unclear principles regarding what we should do.

Question 2
5 out of 5 points

The best example of a source for virtue ethics for a business is
Answer

Selected Answer: the corporate mission statement.
Correct Answer: the corporate mission statement.

Question 3
5 out of 5 points

According to Citizens United v. Federal Election Commission, which of the following is not a reason to allow corporations the right to spend money and advertise for political candidates?
Answer

Selected Answer: The immense wealth of a corporation allows it to be the most accurate in providing messages to people.
Correct Answer: The immense wealth of a corporation allows it to be the most accurate in providing messages to people.

Question 4
5 out of 5 points

Corporate director or officer decisions to dedicate corporate funds for social causes is called:
Answer

Selected Answer: Corporate Social Responsibility (CSR)
Correct Answer: Corporate Social Responsibility (CSR)

Question 5
5 out of 5 points

Which of the following statements best illustrates the view of “utilitarianism”?
I. From each according to his abilities, to each according to his needs.
II. The risk reasonably to be perceived defines the duty to be obeyed and risks imports relation; it is risk to another or to others within the range of apprehension.
III. An action is right when maximizing welfare and total well-being.
IV. Individuals should pursue his or her own self-interest, even at the expense of others.
Answer

Selected Answer: III only
Correct Answer: III only

Question 6
5 out of 5 points