Give an account of the relationship between ethics and law
What will be an ideal response?
Ethics and the law are intertwined. Although much of the law is based on ethical standards, not all ethical standards have been enacted as law. The law establishes a minimum degree of conduct expected by persons and businesses in society. Ethics demands more. Sometimes the rule of law and the rule of ethics demand the same response by a person confronted with a problem. However, in some situations, the law may permit an act that is ethically wrong. Another situation occurs where the law demands certain conduct but a person's ethical standards are contrary.
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Give an account of the functions of the World Trade Organization (WTO) and the formation of the WTO from GATT
What will be an ideal response?
Monty, a career criminal, steals a diamond from Prime Cut Jewelers. He then sells it to Adamas Jewelers, who is unaware of the stolen nature of the diamond
If Prime Cut discovers that the diamond is with Adamas, and reclaims the diamond, what warranty breach can Adamas declare to recover the cost from Monty? A) warranty against infringements B) warranty of no security interests C) warranty of no interference D) warranty of good title
The GLOBE dimensions of value orientations include ______, which is the degree to which members of a collective expect power to be distributed equally.
A. in-group collectivism B. power distance C. performance orientation D. institutional collectivism
Lack of _______ can be associated with an unwillingness to share information due to fear of being taken advantage of.
Fill in the blank(s) with the appropriate word(s).