Ethics
Which of the following is the study and practice of decisions about what is good, or right.
A) Morals
B) Ethics
C) Consequences
D) Law
E) Business
B) Ethics
Which of the following is an example of intellectual property?
A) a patent
B) a vehicle
C) a business contract
D) a building
A) a patent
A collection of criminal statutes is referred to as a ________.
A) bill
B) constitution
C) penal code
D) charter
C) penal code
Positive abstractions that capture our sense of what is good or desirable are called ______.
A) Ethical ideas
B) Values
C) Conscience demands
D) Desirable principles
E) Action goals
B) Values
Intellectual property falls into a category of property known as a(n) ________.
A) tangible property
B) moveable property
C) real property
D) intangible property
D) intangible property
______ include environmental laws, securities laws, and antitrust laws that provide for criminal violations and penalties.
A) Constitutions
B) Regulatory statutes
C) Resolutions
D) Charters
B) Regulatory statutes
True or False: The social responsibility of business consists only of the expectations employees have of employers.
False
A ________ is a product formula, pattern, design, compilation of data, customer list, or other covert business information.
A) copyright
B) trade secret
C) trademark
D) patent
B) trade secret
Who is the plaintiff in a criminal lawsuit?
A) the government
B) the respondent
C) a private party
D) the victim
A) the government
Which of the following are stakeholders of a business?
A) Shareholders but not employees
B) Employees but not shareholders
C) Customers but not employees or shareholders
D) Management but not employees
E) Shareholders, employees, customers, and management
E) Shareholders, employees, customers, and management
A closely guarded formula for a recipe protected by a soft drink manufacturer is a ________.
A) trade secret
B) copyright
C) patent
D) trademark
A) trade secret
In the United States, what recourse does an accused person have if he cannot afford a private defense attorney?
A) He will have to spend his time in jail until he can collect enough money to afford one.
B) A public defender will be appointed to the accused by the government for a nominal fee.
C) He will have to defend himself when the trial starts.
D) The government will provide an attorney for the accused free of charge.
D) The government will provide an attorney for the accused free of charge.
True or False: The definition of stakeholder is the same as the definition of shareholder.
False
If a competitor reverse-engineers a trade secret, then the competitor is ________.
A) allowed co-ownership of the trade secret and its original trademark
B) allowed to use the trade secret but not its original trademark
C) not allowed to gain commercially from the trade secret
D) obliged to inform the original owner of the trade secret
B) allowed to use the trade secret but not its original trademark
________ are the most serious crimes, including crimes that are mala in se.
A) Felonies
B) Infractions
C) Misdemeanors
D) Summary offenses
A) Felonies
The ethical system in which the development of virtues, or positive character traits such as courage, justice, and truthfulness, is the basis for morality is called ______.
A) Absolutism decision
B) Virtual analysis
C) Virtue ethics
D) Fundamentalist approach
E) Categorical imperative
C) Virtue ethics
A competitor can lawfully use a rival's trade secret if the competitor discovers the trade secret by means of ________.
A) copyrighting
B) cross-licensing
C) patenting
D) reverse engineering
D) reverse engineering
A(n) ________ is a less serious crime, is not inherently evil but nevertheless prohibited by society, and is punishable by fines or imprisonment for one year or less.
A) misdemeanor
B) indictable offence
C) felony
D) violation
A) misdemeanor
What is the name of the law signed by President Bush in the wake of several corporate accounting scandals?
A) The Sarbanes-Oxley Act
B) The Public Accounting Act
C) The Certified Public Accounting Act
D) The Whaley-Mallicoat Act
E) The Corporate Scandal Act
A) The Sarbanes-Oxley Act
In addition to recovering profits made by the offender and damages, a successful plaintiff in a misappropriation of a trade secret case can also ________.
A) obtain an injunction prohibiting the offender from divulging the trade secret
B) ask for transfer of any of the offender's patents to the plaintiff
C) obtain the offender's trademarks or brand name as payoff
D) ask to acquire the offender's trade secrets as payoff
A) obtain an injunction prohibiting the offender from divulging the trade secret
A person who jaywalks commits a ________.
A) misdemeanor
B) felony
C) violation
D) tort
C) violation
The ______ holds that the right course of action is the option most consistent with the building and maintaining of human relationships.
A) Ethics of care
B) Principle of virtue ethics
C) Deontology
D) Act utilitarianism
E) Rule utilitarianism
A) Ethics of care
What federal statute was enacted by the U.S. Congress to protect trade secrets?
A) the Sarbanes-Oxley Act
B) the Lanham Act
C) the Telecommunication Act
D) the Economic Espionage Act
D) the Economic Espionage Act
Tim Talon engaged in reckless driving and killed a pedestrian. His defense is that he was driving under the influence of alcohol and lost control of his automobile. How would a court classify Tim Talon's intent?
A) general intent crime
B) criminal intent crime
C) specific intent crime
D) nonintent crime
D) nonintent crime
The ______ for ethical behavior seeks consideration of what the world would be like if a decision is copied by everyone else.
A) Golden rule
B) Universalization test
C) Public disclosure
D) Relevant disclosure
E) World rule
B) Universalization test
According to the Economic Espionage Act, ________.
A) persons who have reverse-engineered a trade secret can use that trade secret and the related trademark
B) it is a federal crime to steal another's trade secret
C) the rights to a trade secret must be renewed after a specified period of time
D) trade secrets can be shared for a limited amount of time
B) it is a federal crime to steal another's trade secret
Which two elements are required to find a defendant guilty of an intent-based crime?
A) a victim and criminal intent
B) a motive and criminal intent
C) a criminal act and criminal intent
D) a criminal act and proof of gain
C) a criminal act and criminal intent
Which of the following is asserted by the principle of rights?
A) That whether a business decision is ethical depends on how the decision affects the rights of all involved.
B) That whether a business decision is ethical depends on how the decision affects the rights of stockholders without consideration of other stakeholders.
C) That whether a business decision is ethical depends on how the decision affects the rights of employees without consideration of other stakeholders.
D) That whether a business decision is ethical depends on how the decision affects the overall economy.
E) That whether a business decision is ethical depends on how the decision affects the rights of organized labor without consideration of other stakeholders.
A) That whether a business decision is ethical depends on how the decision affects the rights of all involved.
True or False: A competitor can lawfully discover a trade secret by performing reverse engineering.
True
______ crimes require that the perpetrator either knew or should have known that his or her actions would lead to harmful results.
A) Nonintent
B) Specific intent
C) General intent
D) Explicit intent
C) General intent