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Question
Briefly explain the approach used by followers of judicial restraint toward litigation.
Answer
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Which of the following statements is true about the role and effect of profits on ethical corporate behavior?
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B. Making a profit usually deteriorates the common good.
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Which of the following is a national group of senior business leaders that has identified a general list of topics that organizational codes of business ethics should cover?
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B. The Business Roundtable
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In which of the following situations is there a conflict of interest?
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B. A real estate agent representing the buyer and seller of a house with permission from the buyer and seller
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Which of the following statements is true of consequentialism?
A. It focuses primarily on individual rights.
B. It views lying as an unethical practice.
C. It is found in the way in which managers use cost-benefit analysis to evaluate alternative courses of action.
D. It is primarily a duty-based view of ethics.
E. It asserts that individuals have rights, and that these rights should not be infringed, even at the expense of society as a whole, because they have an intrinsic moral value to them.
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The primary goal or end of business leaders is to produce a profit. This orientation reflects _____.
A. deontology
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C. consequentialism
D. the Protestant ethic
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The dominant form of consequentialism is _____.
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According to the Ethical Norms and Values for Marketers from the American Marketing Association, which of the following ethical values states that a marketer should accept the consequences of the marketing decisions and strategies taken by him or her?
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Most state statutes authorizing voluntary arbitration accept an agreement to arbitrate even if it is oral in form.
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A party involved in arbitration can withdraw from the arbitration process and resort to litigation if the members of that party think the process is not going well.
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A dispute arises when one party makes a claim that another party denies.
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What are the four grounds that section 10 of the Federal Arbitration Act provides for vacating an arbitration award?