BCOR 320 Module 1 Exam
reporters
Court decisions are written and published in a set of books called ______
3
Crimes are classified into _______ groups
corporate social action
Critics of __________ question whether it is appropriate to commit corporate resources to socially desirable goals.
True
Businesses concerned with ethics focus on corporate responsibility. Individual whistleblowers are a driving force for reform. Unethical practices persist.
Values
morals derive from:
Examples of unethical behavior
violating consumer interests. poor treatment of employees. abusing insider information.
licenses
To maintain their ______, lawyers must complete annual ethics training.
administering
To protect individual rights and curtail the activities of wrongdoers, there must be a means of ______ the law.
public
To reflect changing ______ sentiments, legislatures and courts may decide that a particular act should no longer be considered a crime.
Values
__________ are beliefs or standards considered worthwhile and from which society derives its moral rules.
Statutory
___________ determines what is and what is not a crime.
Retaliation
_______________ is frequently the result when whistleblowers choose to speak out.
values statement, credo
A code of ethics is sometimes called a _______________.
favorable
A corporation that performs in an ethical way will likely have ______ publicity.
Original
A court has __________ jurisdiction if it is authorized to hear and decide a case when it is first presented
case law
A court's decision that influences and may be come precedent for later cases is called ___________.
ordinance.
A law that only applies to local governments is often called a(n):
executive order
A legally binding directive issued by the President is called a(n):
tort
A private wrong that causes injury to someone's reputation, property, or physical well-being is called a
sued
A reckless driver can be prosecuted by the appropriate authorities for a crime and __________ for the tort of negligence in a civil court.
may
A stakeholder is a person or group who ___________ be affected by a firm's actions or decisions.
discrimination. sexual harassment. conflicts of interest.
A whistleblower may expose illegal and fraudulent activities, as well as other misconduct like:
code of ethics
A(n) ______ is a set of rules that a company adopts to express the type of behavior that is expected of personnel.
treaty
A(n) ______ is an agreement, signed by two or more countries, that will clarify and/or establish terms of international relationships.
crime
A(n) ________ is an offense against the public at large, punishable by the official governing body of a nation or state.
whistleblower
A(n) ____________ is a person who reveals confidential information about unethical or illegal behavior to the news media or a governmental authority.
prosecuting
Authorities may respond to the whistleblower's information by ______________ the company.
Common
______ law is the English system, which still influences legal decisions made in the United States today.
original jurisdiction
All states have general trial courts, which are courts of ______.
Sarbanes-Oxley
As a result of cases like Enron, Congress passed the _______ Act in 2002.
drug abuse homosexuality abortion
As society has changed its views, laws concerning __________ have been modified considerably in recent years.
Statutory law, Constitutions, Common law
______ protect the rights and freedom of individuals and organizations.
citation
Each case decision is identified by a ______ to make looking up the decision easier.
boost their stock price
Enron and its accounting firm employed a variety of questionable accounting practices, deception, and attempts to influence politicians and the media to
multifaceted
Ethical dilemmas and questions are generally ______.
Values
Ethics derive from
customers. shareholders. employees.
Examples of stakeholders include:
company departments. corporate employees.
Examples of subcultures include:
force the company to pay a fine
For the most part, if a crime is committed by an employee, the court will generally _____.
ethical, professional
Hewlett Packard's board of directors upheld the company's _____________ standards when they requested their CEO's resignation.
city councils
In general, ______ pass(es) ordinances.
educational institutions
In response to an increased need, many ________ added workshops and programs, to expand the study of ethics in existing courses.
governmental agencies, courts
In this country, __________ have been established to administer the law.
religion. traditions. customs. culture.
Individual and group values are influenced by:
privacy. free speech.
Internet, computer technology, and social media have all prompted discussions of ethical issues surrounding:
possible
It is _____________ for the same action to be both a crime and a tort.
regulations
It is possible that further government ______ would help ensure compliance with ethical standards.
omissions
It is possible to hold a corporation criminally liable for the actions or ____ of their employees.
The law
______ require(s) individuals and organizations to behave in specified ways, requiring or prohibiting certain acts.
statutes.
Laws passed by state legislatures and/or Congress are called:
administrative
Legislative bodies can set up _________ agencies, which are organizations to establish and enforce rules that are established by the organization.
legal
Many ______ obligations are based on moral obligations.
Ethics
Many professionals must successfully complete a minimum number of ________ courses as a part of their continuing education requirements
BP Oil
______ was accused of unethical behavior after its drilling operation in the Gulf of Mexico exploded, killing 11 workers and severely damaging the surrounding ecosystem.
harassment. termination. retaliation.
Sadly, a whistleblower will often face repercussions such as:
municipalities, states, counties
Select all that apply: The federal government may pass a law that requires _____________ to maintain highways or low-income housing.
Morals
________ are beliefs about behavior, as judged by society.
News media
_________ may publicize the company's wrongdoing, which can be as damaging to the firm as prosecution.
shareholders
Some believe corporations should maximize earnings for __________, who could then use the higher earnings to advance society.
corporate ethics officers
Some companies will appoint high-level personnel, called ________, to oversee compliance and enforce discipline throughout the firm.
contracts
Some firms make their employees sign _______ annually, mandating that they adhere to ethical standards and complete required training.
within that state
State constitutions provide safeguards for the rights of citizen's ______.
global markets
Technology and expansion of _________ have presented businesses with a new array of ethical questions.
reasonable
The Constitution gives the federal government specific powers that are limited and ____.
codes of conduct
The Federal Sentencing Guidelines have motivated companies to develop ________________ for employees.
federal
The President may give an executive order to change how the ______ government is run.
financial disclosure. conflicting financial interests. misuse of position.
The U.S. Office of Government Ethics is concerned with:
a state is one of the parties.
The United States Supreme Court has original jurisdiction when:
statutes
The federal government and many states have __________ to protect whistleblowers from retaliation.
counties, states, municipalities
The federal government may pass a law that requires _____________ to maintain highways or low-income housing.
United States Supreme Court
The highest court in the United States is the:
industry organizations. responsible individuals. watchdog groups
The ideal is for ______ to encourage companies and governments to reach mutually agreed-upon ethical practices.
jurisdiction
The power of a court to hear cases, as granted by a constitution or legislative act, is known as the court's _____.
stare decisis
The practice of relying on previous decisions is known as _________, which means "to stand on decided cases."
civil
The type of law that studies contractual obligations, property law, and tort claims is called ______ law.
the U.S. Constitution
Treason is defined by _______.
False
True or false: A court may not disregard or reinterpret a common law principle or earlier interpretations of a statute.
False
True or false: Fairness in hiring, employment, and promotion is not typically discussed in ethics courses.
False
True or false: Government operations are not regulated or monitored.
True
True or false: It is imperative that local businesses know their local laws which may prohibit some of their specific business practices.
False
True or false: Legislatures may not pass laws that apply specifically to governments.
True
True or false: Many criminal statutes derive from common law principles.
False
True or false: Only a small percentage of firms expect employees to strictly follow their code of ethics.
True
True or false: The Sarbanes-Oxley Act placed greater responsibility on upper management to closely monitor the financial dealings and disclosures of their firms.
False
True or false: The terms morals, ethics, and values are synonymous and have the same meaning.
true
True or false: Values held by a subculture may differ from those of the larger culture.
less harshly than
Under the Federal Sentencing Guidelines, companies that have taken positive steps to integrate ethics are penalized __________ those that have not.
moral law.
Unenforceable social obligations are based on:
poor employee morale
Unethical behavior by businesses frequently results in _________, loss of consumer goodwill, and unfavorable public relations.
severe
Unethical behavior that violates the law may result in ______ penalties.
Uniform Commercial Code
What set of laws was prepared to address the conflict in business laws among the different states?
Attorneys will often specialize in a certain area of law. Civil law and criminal are different.
Which of the following are true statements?
Corporate
Which of the following is not a classification of crime?
General trial courts
Which state court will generally hear disputes stemming from contracts?
Louisiana
While most states have adopted the UCC as part of their state law, the state of ________ has only adopted parts of the code.
Arthur Andersen
Who was the accounting firm for Enron during their downfall?
Executives
Who, according to the media, quietly sold their Enron stocks when they knew the company was headed for bankruptcy?
Ethics
______ consist(s) of the standards and principles that govern the behavior of individuals within a society.
Mark Hurd
______ is the former CEO of Hewlett-Packard who was asked to resign because he did not uphold the standards of business conduct for the company.
Ethics
______ is/are the philosophical study of what is right and wrong.
