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1 | |
While the fiduciary relationship creates reciprocal responsibilities between employer
and employee, the primary responsibilities, legally speaking, lie with the employees
who owe the employer duties of loyalty, obedience, and confidentiality. |
| | A) | TRUE |
| | B) | FALSE |
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2 | |
An agent is a person who acts on behalf of another person, so all agents are, in effect, employees. |
| | A) | TRUE |
| | B) | FALSE |
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3 | |
The fact that employees take on special role-specific responsibilities within an
economic system that benefits everyone is one reason offered for the claim that these
responsibilities override other ethical considerations. |
| | A) | TRUE |
| | B) | FALSE |
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4 | |
One reason why a blanket obligation for all employees to obey their employers no matter what is unreasonable is that the choice of obeying someone's command or jeopardizing one's job is fundamentally coercive, and thus the consent involved is not fully free. |
| | A) | TRUE |
| | B) | FALSE |
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5 | |
Some interests of managers that stem from their responsibilities as managers constitute an unethical conflict for them. |
| | A) | TRUE |
| | B) | FALSE |
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6 | |
In Ronald Duska's view, the idea that the company is not expected to sacrifice on behalf of employees but that employees are expected to sacrifice on behalf of the company, does not make the company an inappropriate object of loyalty. |
| | A) | TRUE |
| | B) | FALSE |
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7 | |
A business firm has a perfect right to expect, ethically speaking, that employees will sacrifice for the firm as well as keep their commitments to it. |
| | A) | TRUE |
| | B) | FALSE |
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8 | |
While it is plausible that some dishonest acts, like bluffing a person in a business transaction, can have beneficial social consequences that do not threaten the stability of underlying social practices, it would be harder to claim that routine dishonesty would not erode the trust that does seem essential to social cooperation. |
| | A) | TRUE |
| | B) | FALSE |
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9 | |
According to Richard DeGeorge, even if a whistleblower does not have documented evidence that will convince impartial observers of a firm's role in causing harm, he or she nevertheless may still have an obligation to blow the whistle. |
| | A) | TRUE |
| | B) | FALSE |
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10 | |
Some observers argue that insider trading is an efficient means to disseminate accurate information about the market, that it moves the markets in the direction of equilibrium.
The challenge to this argument is, however, that this is accomplished by unfair and unethical means. |
| | A) | TRUE |
| | B) | FALSE |
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2003 McGraw-Hill Higher Education