Essay on Ethics Chp4. Exam Review

2332 Words 10 Pages
.
_____ law defines the rights and duties of individuals and organizations (including businesses).
A) Civil
B) Criminal
C) Competitive
D) Administrative
E) Regulatory
Points Earned: 2.5/2.5
Correct Answer(s): A

Correct
2.
Which of the following is not a provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act?
A) Increases the accountability and transparency of financial institutions
B) Creates a bureau to educate consumers in financial literacy
C) Creates an organization to pay the bills of low-income consumers
D) Create incentives for whistle-blowers to come forward
E) Increases oversight of the financial industry
Points Earned: 2.5/2.5
Correct Answer(s): C

Correct
3.
Which of the forces
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_____ law not only prohibits specific actions in business such as fraud, theft, or securities trading violations, but also imposes fines or imprisonment as punishment for breaking the law.
A) Civil
B) Criminal
C) Competitive
D) Administrative
E) Regulatory
Points Earned: 0.0/2.5
Correct Answer(s): B

Incorrect
18.
_____ focus(es) on developing sound organizational practices and integrity for financial and nonfinancial performance measures, rather than on an individual’s morals.
A) The Dodd-Frank Wall Street Reform and Consumer Protection Act
B) Compliance
C) Organizational ethics
D) Core practices
E) The Sarbanes Oxley Act
Points Earned: 0.0/2.5
Correct Answer(s): D

Correct
19.
_____ ties giving to a business’ overall strategy and objectives.
A) Social responsibility
B) Business ethics
C) Corporate philanthropy
D) Strategic philanthropy
E) Cause-related marketing
Points Earned: 2.5/2.5
Correct Answer(s): D

Incorrect
20.
Which of the following acts exempted the insurance industry from antitrust legislation?
A) Equal Pay Act of 1963
B) Civil Rights Act of 1964
C) McCarran-Ferguson Act of 1944
D) Sherman Antitrust Act of 1890
E) Occupational Safety and Health Act of 1970
Points Earned: 0.0/2.5
Correct Answer(s): C

Correct
21.
Which of the following is not a

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