Laws for Ethics in Business
Environment Protection Laws
Definitions
Behaving Honestly
Consumer protection
100
Makes it illegal for companies to monopolize trade.
What is The Sherman Act?
100
When did environmental protection begin to be an important social and economic issue in the United States?
What is the 1960s?
100
A set of moral principles or values that govern behavior.
What is Ethics?
100
Employees who violate the trust they have with their employer that they will not steal from them.
What is employee theft?
100
Laws that protect consumers in the US from unethical and unsafe business practices.
What is Consumer Protection
200
Makes it illegal to charge different prices to different wholesale customers.
What is the Clayton Act?
200
Law that created the Environment Protection Agency (EPA)
What is the National Environment Policy Act of 1969?
200
A document that outlines the principles of conduct to be used in making decisions within the organization.
What is a code of ethics?
200
Not being honest about hours they have worked.
What is lying about hours worked?
200
Bans the sale of impure, improperly labeled, and unhealthy foods.
What is the Federal food, Drug and Cosmetic Act?
300
Bans unfair or deceptive acts or practices
What is the Wheeler-Lea act?
300
Comprehensive federal law that regulates air emissions.
What is the Clean Air Act of 1970?
300
Refers to ownership of ideas, such as inventions, books, movies, and computer programs.
What is intellectual property?
300
One of the worst ethical lapses an employee can commit. Can cause very grave damage to a company's reputation.
What is falsifying records?
300
Establishes minimum product safety standards on consumer products
What is the Consumer Product Safety Commission?
400
Who enforces the laws relating to ethics in business?
What is the Antitrust Division of the Justice Department
400
Law that gives the EPA the ability to track the 75,000 industrial chemicals currently produced in or imported into the United States.
What is the Toxic Substances Control Act of 1976?
400
Include a company's employees, customers, suppliers, and the community.
What are stakeholder?
400
Situations in which the ethical course of action is not clear.
What are ethical dilemmas?
400
Protects consumers against unfair lending practice.
What is Truth in Lending Act of 1968?
500
Who else enforces ethics in business?
What is The Federal Trade Commission?
500
Law that gives the EPA the authority to set standards on the type and quantity of pollutants that industries can put into bodies of water.
What is the Clean Water Act of 1977?
500
A review of a business's social responsiveness.
What is a social audit?
500
How do you solve ethical dilemmas
By answering a series of questions?
500
Prohibits creditors from making credit decisions on the basis of discriminatory practices.
What is the Equal Credit Opportunity Act of 1975?
M
e
n
u