Answer the following statement(s) true (T) or false (F)
1. Rules of ethical climates encourage loyalty to the organization.
2. The hypocritical leader is not clearly seen as either ethical or unethical.
3. Law and order climates are driven by external criteria such as professional codes of conduct.
4. In co-optation, leaders offer rewards that reduce newcomers’ discomfort with unethical behavior.
1. FALSE
2. FALSE
3. TRUE
4. TRUE
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A 25-year, $1,000 par value bond has an 8.5% annual coupon. The bond currently sells for $875. If the yield to maturity remains at its current rate, what will the price be 5 years from now?
A. $839.31 B. $860.83 C. $882.90 D. $904.97 E. $927.60
If power is based on personality and individual differences, personality traits will affect how individuals acquire and use power.
Answer the following statement true (T) or false (F)
All of the following are benefits of an ESOP except:
A. it offers a planned exit in writing. B. the company can deduct contributions to an ESOP. C. it is relatively simple to establish. D. it offers a unique incentive to employees.
If a court finds a contract unconscionable:
a. the court may refuse to enforce only the unconscionable part. b. it must, in all states, be found both substantively and procedurally unconscionable to be unenforceable. c. the court must refuse to enforce the contract. d. the contract must fall strictly within the Code's or the Restatement's definition of "unconscionable" to be unenforceable.