Question 1

To resolve difficult moral dilemmas, the better we understand the exact ramifications of the alternatives-the more likely we are

Accepted Answer

A)   to make a sound moral decision.
B)   to drive the boss crazy.
C)   to be a success.
D)   to go to jail. A

Question 2

Shaw and Barry mention three arguments for legally protecting trade secrets. Which of these is one of them?

Accepted Answer

A)   Trade secrets are the intellectual property of the employee who developed them.
B)   Employees who disclose trade secretsViolate the confidentiality owed to their employers
C)   Trade secrets are patented.
D)   Trade secrets are trademarked. B

Question 3

According to one expert's definition, whistle blowing is conceptually restricted to reporting on activities that are harmful to third parties, violations of human rights, or contrary to the public purpose and legitimate goals of the organization.

Accepted Answer

A) True 
 B)False  True

Question 4

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.

Question 5

According to the Supreme Court,

Accepted Answer

A)   there is nothing improper about an outsider's using information, as long as the information is not obtained from an insider who breaches a legal duty to the corporation's shareholders.
B)   anyone buying/selling stock based on nonpublic information is guilty of inside trading.
C)   insider trading violates the interstate commerce clause of the Constitution.
D)   it should be left up to the company, not the government, to decide whether or not to prohibit insider trading.

Question 6

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.

Question 7

A kickback is a kind of bribe.

Accepted Answer

A) True 
 B)False

Question 8

The law precisely defines the concept of a trade secret, just as it does patents and copyrights.

Accepted Answer

A) True 
 B)False

Question 9

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.

Question 10

Sometimes companies require employees to sign contracts restricting their ability to get a job with, or start, a competing company. Because they can conflict with freedom of employment, not all such "noncompete" or "nondisclosure" contracts are legally valid.

Accepted Answer

A) True 
 B)False

Question 11

Some writers deny that employees have any obligation of loyalty to the company, because

Accepted Answer

A)   companies are not the kind of things that are properly objects of loyalty.
B)   you cannot trust anyone.
C)   it's every man for himself.
D)   companies just aren't the same any more.

Question 12

The Supreme Court has rejected the idea that inside trading involves "misappropriating" confidential information.

Accepted Answer

A) True 
 B)False

Question 13

Prudential reasons are those moral reasons that are separate from self-interest.

Accepted Answer

A) True 
 B)False

Question 14

When faced with a moral decision, employees should follow the two-step procedure of identifying the relevant obligations, ideals, and effects; and then decide where the emphasis should lie among these considerations.

Accepted Answer

A) True 
 B)False

Question 15

What is insider trading?

Accepted Answer

The answer of What is insider trading?...

Question 16

A whistle-blower

Accepted Answer

A)   doesn't have to be a past or present member of the organization.
B)   doesn't have to report activity that is illegal, immoral, or harmful.
C)   is any employer who spreads gossip.
D)   far from being disloyal, may be acting in the best interest of the organization.

Question 17

Employees have no obligations to people with whom they have no business relations.

Accepted Answer

A) True 
 B)False

Question 18

Whistle-blowing involves exposing activities that are

Accepted Answer

A)   sports related.
B)   immoral or illegal.
C)   too close to call.
D)   boring and need some excitement.

Question 19

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.

Question 20

Justice Ginsberg and Arthur Levitt suggest that allowing insider trading could lead to a widespread perception that "the game is rigged."

Accepted Answer

A) True 
 B)False

Exam 10: Moral Choices Facing Employees

To resolve difficult moral dilemmas, the better we understand the exact ramifications of the alternatives-the more likely we are

Shaw and Barry mention three arguments for legally protecting trade secrets. Which of these is one of them?

According to one expert's definition, whistle blowing is conceptually restricted to reporting on activities that are harmful to third parties, violations of human rights, or contrary to the public purpose and legitimate goals of the organization.

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

According to the Supreme Court,

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

A kickback is a kind of bribe.

The law precisely defines the concept of a trade secret, just as it does patents and copyrights.

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

Sometimes companies require employees to sign contracts restricting their ability to get a job with, or start, a competing company. Because they can conflict with freedom of employment, not all such "noncompete" or "nondisclosure" contracts are legally valid.

Some writers deny that employees have any obligation of loyalty to the company, because

The Supreme Court has rejected the idea that inside trading involves "misappropriating" confidential information.

Prudential reasons are those moral reasons that are separate from self-interest.

When faced with a moral decision, employees should follow the two-step procedure of identifying the relevant obligations, ideals, and effects; and then decide where the emphasis should lie among these considerations.

What is insider trading?

A whistle-blower

Employees have no obligations to people with whom they have no business relations.

Whistle-blowing involves exposing activities that are

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

Justice Ginsberg and Arthur Levitt suggest that allowing insider trading could lead to a widespread perception that "the game is rigged."