business law exam 2 - User Robin Juratovac Submitted 11:00...

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User Robin Juratovac Submitted 9/4/10 11:00 PM Name Exam 1 Status Completed Score 105 out of 120 points Time Elapsed 52 minutes, and 54 seconds out of 1 hour and Instructions Select the most correct answer. There is only one correct answer for each question. Question 1 4 out of 4 points How does U.S. law promote economic growth? Answer Selected Answer: C. By allocating risks. Question 2 4 out of 4 points Nobel prize winner Milton Friedman asserts that a corporation is an "artificial person" and therefore has no true responsibilities to any constituent other than Answer Selected Answer: B. its owners. Question 3 4 out of 4 points The two main schools of ethical thought are Answer Selected Answer: C. Teleological and Deontological. Question 4 4 out of 4 points
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Which of the following is a primary goal of Utilitarianism? Answer Selected Answer: D. Maximize the total benefit for everyone involved. Question 5 4 out of 4 points According to the Kantian theory of universalizability, the ethical worth of an act is determined by whether one Answer Selected Answer: B. would want everyone to perform in this manner.
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