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Online Quiz Chapter 10

Online Quiz Chapter 10 - Online Quiz Chapter 10 In general...

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Online Quiz Chapter 10 1 In general, if the contents of the work agreement are legal and an employee freely consents to them, then he or she: a. is obliged to fulfill the terms of the work contract. b. is morally regarded as an autonomous equal with the employer. c. can refuse to complete or execute tasks that are not in the employee's best interest. d. is automatically relieved of responsibility for actions as agent of the organization. status: incorrect (0.0) correct: a your answer: b feedback: Incorrect. See Ch 10, pg. 531 2 The use of one's official position for personal gain raises moral concerns because of the likelihood that: a. no one will ever find out. b. such behavior serves as a model for subordinates. c. one is violating one's obligations to the firm or organization. d. the employee will be forced to return ill-gotten gains. status: correct (1.0) correct: c / Correct. 3 The buying or selling of financial securities by business "insiders" on the basis of information that has not been made public is called: a. stock transfer. b. insider trading. c. dumping. d. stock manipulation. status: correct (1.0) correct: b / Correct. 4 One of the defenses used by high level executives who engage in illegal insider trading is that:
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a. they are entitled to trade based on their contribution to the company. b. such trading is acceptable as long as they are not lying to anyone. c. trading on the basis of non-public information seldom harms anyone. d. the fiduciary relationship only extends to their immediate employees. status: incorrect (0.0) correct: c your answer: a feedback: Incorrect. See Ch 10, pg. 534 5 A morally complicated problem arises when employees who are privy to proprietary information are restricted in various ways when they choose to change jobs. While the company may be motivated by the need to protect proprietary information, such restrictions may be unfair to the employee because they: a. infringe of the employee's right of free speech.
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