Question 1

Return policies affect the compensation of sales people in department stores.

Accepted Answer

A) True 
 B)False  True

Question 2

Nonprofits have fallen victim to widespread Ponzi schemes.

Accepted Answer

A) True 
 B)False  True

Question 3

Explain what a good disclosure statement would look like if online sites were providing information about user access of their sites to those who seek to advertise.

Accepted Answer

There is a difference between metrics on views of certain lengths. Disclose the types of videos measured in your metrics:   Is it any type of view, regardless of how short the viewing time?   Or is it a certain minimum viewing time?   Minimum viewing time metrics that exclude user non-views may cause the site to charge higher advertising fees. Disclose how often the metrics are computed. Give information on what results in changes in the metrics. Disclose any changes in computational formulas.

Question 4

Although you are not part of your company's engineering group, you have discovered a major flaw in the company's new paper-thin solar calculator. The calculator adds when the subtract button is pressed if there are more than three figures to the right of the decimal point. Since it is not your area, you should do and say nothing.

Accepted Answer

A) True 
 B)False

Question 5

Why did Stanford withdraw the submitted expenses?

Accepted Answer

A)  Because it felt it needed to do more than what was lawful 
B)  Because of acute public attention 
C)  Donald Kennedy was troubled by the costs 
D)  All of the above 
A)  Because it felt it needed to do more than what was lawful 
B)  Because of acute public attention 
C)  Donald Kennedy was troubled by the costs 
D)  All of the above

Question 6

Based on Katy Perry's experience in trying to purchase the convent, offer some advice.

Accepted Answer

Make sure you know who actually owns the

Question 7

Intel's biggest obstacle in its Pentium chip flaw was:

Accepted Answer

A)  The cost of replacement. 
B)  Admitting that there was a problem and acknowledging it to the public. 
C)  The hit to earnings if the sales were not made. 
D)  Both a and c 
E)  None of the above 
A)  The cost of replacement. 
B)  Admitting that there was a problem and acknowledging it to the public. 
C)  The hit to earnings if the sales were not made. 
D)  Both a and c 
E)  None of the above

Question 8

Intentional breach of a contract carries a legal remedy, but it is also unethical.

Accepted Answer

A) True 
 B)False

Question 9

What relationships are now being regulated as a result of underfunded pension plans?

Accepted Answer

A)  Auditors of the funds and their clients 
B)  Union officials and auditors of pension funds 
C)  Actuaries of funds and the pension plan sponsors 
D)  All of the above 
A)  Auditors of the funds and their clients 
B)  Union officials and auditors of pension funds 
C)  Actuaries of funds and the pension plan sponsors 
D)  All of the above

Question 10

In the Kelo case, what happened after the court ruled against the homeowners?

Accepted Answer

A)  Their houses were torn down and Pfizer built its facilities 
B)  The city changed its plans and the houses were not torn down 
C)  The houses were torn down, but the site remains undeveloped 
D)  The homeowners appealed again and won the right to keep their homes 
A)  Their houses were torn down and Pfizer built its facilities 
B)  The city changed its plans and the houses were not torn down 
C)  The houses were torn down, but the site remains undeveloped 
D)  The homeowners appealed again and won the right to keep their homes

Question 11

Pension accounting for ERISA differed from pension accounting for the SEC.

Accepted Answer

A) True 
 B)False

Question 12

How much money had Intel spent developing the Pentium chip?

Accepted Answer

A)  $150 million 
B)  $500 million 
C)  $600 million 
D)  $1 billion 
A)  $150 million 
B)  $500 million 
C)  $600 million 
D)  $1 billion

Question 13

The Pension Protection Act of 2006 does not apply to all employers with pension plans.

Accepted Answer

A) True 
 B)False

Question 14

What was Intel's original proposal on the flawed chips?

Accepted Answer

A)  To replace them without questions 
B)  To replace them only for computer users who had to do calculations 
C)  To replace them only for a fee 
D)  None of the above 
A)  To replace them without questions 
B)  To replace them only for computer users who had to do calculations 
C)  To replace them only for a fee 
D)  None of the above

Question 15

Based on the Intel case, develop guidelines for companies that discover defects in their products.

Accepted Answer

If you have a defect, say so. Make a pub

Question 16

The failure to disclose material information in negotiations is an ethical breach.

Accepted Answer

A) True 
 B)False

Question 17

A company can be relieved of its pension obligations in bankruptcy.

Accepted Answer

A) True 
 B)False

Question 18

What was the total cost if Intel replaced all chips?

Accepted Answer

A)  $100 million 
B)  $200 million 
C)  $260 million 
D)  $320 million 
A)  $100 million 
B)  $200 million 
C)  $260 million 
D)  $320 million

Question 19

Taking advantage of a party in a contract situation due to the party's inexperience, and not due to any lack of disclosure on your part, is ethical.

Accepted Answer

A) True 
 B)False

Question 20

The Red Cross CEO resigned in protest over the use of Red Cross funds.

Accepted Answer

A) True 
 B)False

Return policies affect the compensation of sales people in department stores.

Nonprofits have fallen victim to widespread Ponzi schemes.

Explain what a good disclosure statement would look like if online sites were providing information about user access of their sites to those who seek to advertise.

Why did Stanford withdraw the submitted expenses?

Based on Katy Perry's experience in trying to purchase the convent, offer some advice.

Intel's biggest obstacle in its Pentium chip flaw was:

Intentional breach of a contract carries a legal remedy, but it is also unethical.

What relationships are now being regulated as a result of underfunded pension plans?

In the Kelo case, what happened after the court ruled against the homeowners?

Pension accounting for ERISA differed from pension accounting for the SEC.

How much money had Intel spent developing the Pentium chip?

The Pension Protection Act of 2006 does not apply to all employers with pension plans.

What was Intel's original proposal on the flawed chips?

Based on the Intel case, develop guidelines for companies that discover defects in their products.

The failure to disclose material information in negotiations is an ethical breach.

A company can be relieved of its pension obligations in bankruptcy.

What was the total cost if Intel replaced all chips?

Taking advantage of a party in a contract situation due to the party's inexperience, and not due to any lack of disclosure on your part, is ethical.

The Red Cross CEO resigned in protest over the use of Red Cross funds.

Ethical Theory, Philosophical Foundations, Our Reasoning Flaws, and Types of Ethical Dilemmas

Business and Its Ethical Dilemmas

Business, Stakeholders, Social Responsibility, and Sustainability

Ethics and Company Culture

Ethics in International Business

Ethics, Business Operations, and Rights

Ethics and Products

Ethics and Competition

Filters

Exam 5: Ethics and Contracts

Return policies affect the compensation of sales people in department stores.

Nonprofits have fallen victim to widespread Ponzi schemes.

Explain what a good disclosure statement would look like if online sites were providing information about user access of their sites to those who seek to advertise.

Why did Stanford withdraw the submitted expenses?

Based on Katy Perry's experience in trying to purchase the convent, offer some advice.

Intel's biggest obstacle in its Pentium chip flaw was:

Intentional breach of a contract carries a legal remedy, but it is also unethical.

What relationships are now being regulated as a result of underfunded pension plans?

In the Kelo case, what happened after the court ruled against the homeowners?

Pension accounting for ERISA differed from pension accounting for the SEC.

How much money had Intel spent developing the Pentium chip?

The Pension Protection Act of 2006 does not apply to all employers with pension plans.

What was Intel's original proposal on the flawed chips?

Based on the Intel case, develop guidelines for companies that discover defects in their products.

The failure to disclose material information in negotiations is an ethical breach.

A company can be relieved of its pension obligations in bankruptcy.

What was the total cost if Intel replaced all chips?

Taking advantage of a party in a contract situation due to the party's inexperience, and not due to any lack of disclosure on your part, is ethical.

The Red Cross CEO resigned in protest over the use of Red Cross funds.

Ethical Theory, Philosophical Foundations, Our Reasoning Flaws, and Types of Ethical Dilemmas

Business and Its Ethical Dilemmas

Business, Stakeholders, Social Responsibility, and Sustainability

Ethics and Company Culture

Ethics in International Business

Ethics, Business Operations, and Rights

Ethics and Products

Ethics and Competition

Filters