Quiz 2 chapter 2 - Question 1 1 out of 1 points Which of the following statements is true Selected Answer Answers Companies can be both profitable and

Quiz 2 chapter 2 - Question 1 1 out of 1 points Which of...

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Question 1 1 out of 1 points Which of the following statements is true? Selected Answer: Companies can be both profitable and socially responsible. Answers: The terms social responsibility and ethics should be used interchangeably. Businesses whose sole objective is to earn profit may not consider their social responsibility. Companies can be both profitable and socially responsible. The concerns of what is legal and ethical do not change over time. All actions deemed unethical by society are also illegal. Question 2 1 out of 1 points Which of the following acts includes a whistleblower bounty program? Selected Answer: The Dodd-Frank Act Answers: The Sherman Antitrust Legislation The Dodd-Frank Act The Clayton Act The Hobbs Act The Celler-Kefauver Act Question 3 1 out of 1 points The _____ means that a business must not knowingly sell anything that could result in personal injury or harm to consumers. Selected Answer: right to safety Answers: right to selection right to be heard
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right to safety right to information right to assert Question 4 1 out of 1 points Which of the following is an example of a conflict of interest? Selected Answer: Insider trading Answers: Insider trading Arbitration Mediation Renegotiated buyout Third-party transaction Question 5 0 out of 1 points The Sarbanes-Oxley Act was passed to: Selected Answer: punish those who committed accounting fraud in the late 1990s. Answers: improve corporate profits. help investors recoup their losses. help restore confidence in corporate America. help laid-off employees get their jobs back. punish those who committed accounting fraud in the late 1990s. Question 6 1 out of 1 points Avoiding misconduct and doing what is right, just, and fair relates to a business's:
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Selected Answer: ethical responsibility.
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