A businessperson would be faced with a defining moment in terms of ethics when he or she

A) has a chance to cheat on the expense account.
B) has to choose between two or more morally sound choices.
C) receives recognition for outstanding ethical behavior.
D) has to report on the unethical behavior of a coworker.


Answer: B

Business

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Murphy stops at a garage sale and purchases an oak rocking chair. Murphy and the seller agree that Murphy will pick up the rocking chair the next day when Murphy will return with a truck. That night, there is an earthquake and the rocking chair is swallowed up by earth and totally destroyed. In this case, the seller had the risk of loss and must refund the purchase price to Murphy

a. True b. False Indicate whether the statement is true or false

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Which of the following is correct about the World Trade Organization (WTO)?

A) Only a few nations have a representative on the WTO dispute settlement body. B) The WTO adopted a judicial-based dispute resolution system to replace the politically oriented system in place previously. C) China has not been admitted to the WTO. D) Parties to a dispute have a veto power over any decision reached by the WTO. E) The WTO was created in the 1940s.

Business

A c-chart is appropriate to plot the number of flaws in a bolt of fabric

Indicate whether the statement is true or false

Business