Question 1

Experimental studies suggest that when informed that the advice they're receiving may be biased because of a conflict of interest,

Accepted Answer

A) those who disclose a conflict of interest rarely end up giving more biased advice than those who do not disclose 
B) those who disclose a conflict of interest always end up giving more biased advice than those who do not disclose 
C) People tend to fail to discount the advice as much as they should. 
D) people tend to discount the advice as much as they should. 
A) those who disclose a conflict of interest rarely end up giving more biased advice than those who do not disclose 
B) those who disclose a conflict of interest always end up giving more biased advice than those who do not disclose 
C) People tend to fail to discount the advice as much as they should. 
D) people tend to discount the advice as much as they should. C

Question 2

Name an argument that's given against legalizing insider trading?

Accepted Answer

An argument commonly given against legalizing insider trading is that it undermines market fairness and integrity. Insider trading involves the use of material, non-public information to make investment decisions, giving insiders an unfair advantage over other investors who do not have access to such information. This can erode trust in the financial markets, as average investors may feel they are at a significant disadvantage and that the markets are rigged in favor of insiders with privileged information.

When insiders are able to profit from their knowledge, it can lead to a loss of confidence among investors, which is essential for the proper functioning of the markets. This lack of confidence can reduce market participation and liquidity, as investors may be less likely to invest if they believe they cannot compete on a level playing field.

Furthermore, allowing insider trading could potentially lead to conflicts of interest and encourage corporate officers and employees to prioritize personal gain over the best interests of their shareholders and the company. This could result in decisions that are not in the long-term interest of the company, potentially harming the company's performance and reputation.

In summary, the argument against legalizing insider trading is centered on the need to maintain fairness, trust, and integrity in the financial markets, which are seen as critical for their efficient operation and the protection of investors.

Question 3

Based on guidelines of employer/employee relations,which statement is true?

Accepted Answer

A) company loyalty is an outmoded,illegitimate concept that employees today reject 
B) the traditional law of agency obliges employees to act loyally and in good faith and to carry out lawful instructions 
C) an employee's work contract is irrelevant to his or her moral obligations 
D) no value is more important than loyalty,whether to a person or an organization 
A) company loyalty is an outmoded,illegitimate concept that employees today reject 
B) the traditional law of agency obliges employees to act loyally and in good faith and to carry out lawful instructions 
C) an employee's work contract is irrelevant to his or her moral obligations 
D) no value is more important than loyalty,whether to a person or an organization B

Question 4

Consider Coleen Rowley who blew the whistle against the FBI.How could we justify the fact that she did the right thing? Consider at least two different moral theories.

Accepted Answer

One way to justify Coleen Rowley's actio

Question 5

Inside traders ordinarily defend their actions by claiming that they don't injure

Accepted Answer

A) the boss. 
B) their family. 
C) the President. 
D) anyone. 
A) the boss. 
B) their family. 
C) the President. 
D) anyone.

Question 6

According to Jennifer Moore the real reason insider trading should be prohibited is that it undermines the fiduciary relationship that is at the heart of business management.

Accepted Answer

A) True 
 B)False

Question 7

U.S.companies have a history of paying off foreign officials for business favors.Such acts were declared illegal by

Accepted Answer

A) the U.S.Customs department. 
B) the Vice President. 
C) the Foreign Corrupt Practices Act (FCP
A)  of 1977. 
D) the United Nations. 
A) the U.S.Customs department. 
B) the Vice President. 
C) the Foreign Corrupt Practices Act (FCP
A)  of 1977. 
D) the United Nations.

Question 8

Employees have certain general duties to their employers,and because of the specific business,professional,or organizational responsibilities they have assumed,they may have other more precise role-based obligations.

Accepted Answer

A) True 
 B)False

Question 9

Provide an example of an abuse of an official position.Justify your answer.

Accepted Answer

An example of an abuse of an official po

Question 10

If all the other businesses in a foreign country are providing a "grease payment" for border patrol.Is it all right and ethical to do that? State and defend your answer.

Accepted Answer

No, it is not ethical to provide a "grea

Question 11

A "trade secret"

Accepted Answer

A) is legally equivalent to a patent or copyright. 
B) need not be treated confidentially by the company in order to be protected. 
C) can become part of an employee's technical knowledge,experience,and skill. 
D) is a narrow,precise concept that the law defines in great detail. 
A) is legally equivalent to a patent or copyright. 
B) need not be treated confidentially by the company in order to be protected. 
C) can become part of an employee's technical knowledge,experience,and skill. 
D) is a narrow,precise concept that the law defines in great detail.

Question 12

The Sarbanes-Oxley Act weakened legal protections for whistle blowers.

Accepted Answer

A) True 
 B)False

Question 13

By definition,whistle-blowing can only be done by a past or present member of the organization.

Accepted Answer

A) True 
 B)False

Question 14

When does a conflict of interest arise?

Accepted Answer

A conflict of interest arises when emplo

Question 15

A bribe is remuneration for the performance of an act that's inconsistent with the work contract or the nature of the work one has been hired to perform.

Accepted Answer

A) True 
 B)False

Question 16

There are at least seven factors to take into consideration in determining the morality of giving and receiving gifts in a business situation.Explain three of them.

Accepted Answer

1. Intent: The intent behind giving or r

Question 17

In discussing the case of the truck stop cashier who is asked to write up phony chits or receipts,the text argues that

Accepted Answer

A) there is nothing wrong with writing up the chits. 
B) she should resign immediately. 
C) she may be justified in "going along," at least temporarily. 
D) morality never requires us to sacrifice our own interests. 
A) there is nothing wrong with writing up the chits. 
B) she should resign immediately. 
C) she may be justified in "going along," at least temporarily. 
D) morality never requires us to sacrifice our own interests.

Question 18

What is insider trading?

Accepted Answer

One common way of abusing one's official

Question 19

In the 1997 case of U.S.v.Hagan,the Supreme Court found that Hagan

Accepted Answer

A) had been discriminated against because of whistle blowing. 
B) was innocent of insider trading. 
C) violated the FCPA despite never having gone overseas. 
D) had misappropriated confidential information. 
A) had been discriminated against because of whistle blowing. 
B) was innocent of insider trading. 
C) violated the FCPA despite never having gone overseas. 
D) had misappropriated confidential information.

Question 20

All gifts are bribes.

Accepted Answer

A) True 
 B)False

Experimental studies suggest that when informed that the advice they're receiving may be biased because of a conflict of interest,

Name an argument that's given against legalizing insider trading?

Based on guidelines of employer/employee relations,which statement is true?

Consider Coleen Rowley who blew the whistle against the FBI.How could we justify the fact that she did the right thing? Consider at least two different moral theories.

Inside traders ordinarily defend their actions by claiming that they don't injure

According to Jennifer Moore the real reason insider trading should be prohibited is that it undermines the fiduciary relationship that is at the heart of business management.

U.S.companies have a history of paying off foreign officials for business favors.Such acts were declared illegal by

Employees have certain general duties to their employers,and because of the specific business,professional,or organizational responsibilities they have assumed,they may have other more precise role-based obligations.

Provide an example of an abuse of an official position.Justify your answer.

If all the other businesses in a foreign country are providing a "grease payment" for border patrol.Is it all right and ethical to do that? State and defend your answer.

A "trade secret"

The Sarbanes-Oxley Act weakened legal protections for whistle blowers.

By definition,whistle-blowing can only be done by a past or present member of the organization.

When does a conflict of interest arise?

A bribe is remuneration for the performance of an act that's inconsistent with the work contract or the nature of the work one has been hired to perform.

There are at least seven factors to take into consideration in determining the morality of giving and receiving gifts in a business situation.Explain three of them.

In discussing the case of the truck stop cashier who is asked to write up phony chits or receipts,the text argues that

What is insider trading?

In the 1997 case of U.S.v.Hagan,the Supreme Court found that Hagan

All gifts are bribes.

The Nature of Morality

Normative Theories of Ethics

Justice and Economic Distribution

The Nature of Capitalism

Corporations

Consumers

The Environment

The Workplace 1: Basic Issues

The Workplace 2: Todays Challenges

Job Discrimination

Filters

Exam 10: Moral Choices Facing Employees

Experimental studies suggest that when informed that the advice they're receiving may be biased because of a conflict of interest,

Name an argument that's given against legalizing insider trading?

Based on guidelines of employer/employee relations,which statement is true?

Consider Coleen Rowley who blew the whistle against the FBI.How could we justify the fact that she did the right thing? Consider at least two different moral theories.

Inside traders ordinarily defend their actions by claiming that they don't injure

According to Jennifer Moore the real reason insider trading should be prohibited is that it undermines the fiduciary relationship that is at the heart of business management.

U.S.companies have a history of paying off foreign officials for business favors.Such acts were declared illegal by

Employees have certain general duties to their employers,and because of the specific business,professional,or organizational responsibilities they have assumed,they may have other more precise role-based obligations.

Provide an example of an abuse of an official position.Justify your answer.

If all the other businesses in a foreign country are providing a "grease payment" for border patrol.Is it all right and ethical to do that? State and defend your answer.

A "trade secret"

The Sarbanes-Oxley Act weakened legal protections for whistle blowers.

By definition,whistle-blowing can only be done by a past or present member of the organization.

When does a conflict of interest arise?

A bribe is remuneration for the performance of an act that's inconsistent with the work contract or the nature of the work one has been hired to perform.

There are at least seven factors to take into consideration in determining the morality of giving and receiving gifts in a business situation.Explain three of them.

In discussing the case of the truck stop cashier who is asked to write up phony chits or receipts,the text argues that

What is insider trading?

In the 1997 case of U.S.v.Hagan,the Supreme Court found that Hagan

All gifts are bribes.

The Nature of Morality

Normative Theories of Ethics

Justice and Economic Distribution

The Nature of Capitalism

Corporations

Consumers

The Environment

The Workplace 1: Basic Issues

The Workplace 2: Todays Challenges

Job Discrimination

Filters