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Question
In the Diamond Shamrock and Occidental Petroleum Corporation deal, which of the following best describes the actions of Ivan Boesky and Michael Milken?A. They shared inside information with intent to make a significant profit, but because of actions that neither foresaw, they lost money.
B. They shared inside information with the intent to make significant profit, but were found out and thus doomed the deal.
C. They traded inside information with intent to make significant profit, and, after the deal went through, both made substantial profits.
D. They traded insider information with intent to make significant profit, but decided that it was improper and so did not take advantage of the information.
Answer
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Related questions
Q:
From an ethical perspective, which is the proper response with regards to the length of a copyright?
A. Ethics cannot provide a specific period.
B. The longer contemporary period is better than the shorter historical period.
C. The shorter historical period is better than the longer contemporary period.
D. Both the shorter historical period and the longer contemporary period are best for their time periods
Q:
Which of the following can be derived from the right to work?
A. The right to be free of sexual harassment
B. The employment-at-will principle
C. The right to employment
D. The right to self-determine
Q:
According to the International Labor Office, what percentage of children between the ages of 10 and 14 are working (not only in Asia, but in parts of Western Europe, as well)?
A. 25%
B. 50%
C. 75%
D. 5%
Q:
Which of the following is a negative or liberty right of the "right to work"?
A. Each person has a claim against his society to have the opportunity to work.
B. Each person has the right to pursue work and should not be prevented by others from doing so.
C. Work is important for the social dimension that it communicates.
D. The person has a right to develop and express himself through productive labor.
Q:
Which of the following is one of the moral responsibilities of management?
A. Management is responsible to the board.
B. Management is responsible to the workers.
C. Management is responsible to maximize profits.
D. Management is responsible to the shareholders.
Q:
Which of the following is the general obligation derived from the system of free enterprise that is sometimes called the "moral minimum"?
A. the obligation to be fair in the transactions in which it engages
B. the obligation not to undermine the freedom and values of the system
C. the obligation to do no harm
D. the obligation to live up to the contracts into which one enters freely
Q:
Which of the following was a result of the Enron failure?
A. The Rescue Bill
B. The Employee Compensation Act
C. The Sarbanes-Oxley Act
D. The Corporate Democracy Act
Q:
The restriction of multinationals from lobbying against reforms or laws that protect workers or consumers is an expression of which norm?
A. Promote the development of just background institutions internally.
B. Respect the human rights of workers
C. Do no intentional direct harm
D. Respect the laws of a host country.
Q:
Which of the following non-Marxist moral critiques of American capitalism involves the notion that capitalism creates waste?
A. The military-industrial complex
B. False needs and overproduction
C. Inequalities inherent in the system
D. Exploitation
Q:
Which of the following is not meant by being "morally responsible" for an action?
A. I did not perform the action.
B. I performed the action.
C. I performed the action knowingly.
D. I performed the action willingly.
Q:
Which of the following would be the conclusion a virtue ethicist might make of one who reacts to strong temptation by frequently giving in to it?
A. The person has an excellent character.
B. The person has an immoral character.
C. The person has a strong character.
D. The person has a weak character.
Q:
Which of the following is the highest virtue, for Aristotle?
A. wisdom
B. courage
C. justice
D. generosity
Q:
When faced with the temptation to break a contract, we are always concerned with a particular contract in a particular set of circumstances. To determine the morality of the action, we should calculate the effects of breaking this particular contract. Which sort of utilitarianism is represented here?
A. rule-utilitarianism
B. deontological-utilitarianism
C. theological-utilitarianism
D. act-utilitarianism
Q:
The ethical approach maintains that what has intrinsic value is not pleasure, but happiness.
A. hedonistic utilitarianism
B. ideal utilitarianism
C. eudaimonistic utilitarianism
D. all of these
Q:
Which of the following is NOT a step to be taken in a utilitarian analysis?
A. Identify all those who are directly and indirectly affected by the action.
B. Specify only the good consequences of the action for those directly affected.
C. Carry out a similar analysis, if necessary, for those indirectly affected, as well as for society as a whole.
D. Consider, imaginatively, whether there are various alternatives other than simply doing or not doing the action, and carry out a similar analysis for each of the other alternative actions.
Q:
The ethical approach maintains that what has intrinsic value pleasure and pain.
A. hedonistic utilitarianism
B. ideal utilitarianism
C. eudaimonistic utilitarianism
D. all of these
Q:
What is the name given to philosophers who attempt to use only one ethical approach to ethical questions?
A. ethical pluralists.
B. utilitarians
C. ethical monists.
D. deontologists
Q:
What does it mean for an action to be subjectively right?
A. An action is subjectively right if it is in conformity with the moral law.
B. An action is subjectively right if a person believes that the action is moral.
C. An action is subjectively right if it promotes the greater good.
D. An action is subjectively right if it advances one's own self-interest.
Q:
Which level of moral development does Kohlberg call the "principled level"?
A. Level I
B. Level IV
C. Level III
D. Level II
Q:
What can ethical reflection tell us about the proper length of a copyright period?
A. No particular length is justified.
B. The period should vary with the quality of the work.
C. Some length or other is justified and an indefinitely long period is too long.
D. Whatever legal definition of the period's length is appropriate.
Q:
Which of the following is an example of intellectual property?
A. Land, buildings, and additions on the land.
B. Money, stocks, bonds, financial securities.
C. Expressions of ideas, inventions, discoveries.
D. Some physical item that we can touch, though not usually land and buildings.
Q:
Which of the following is an individual right of the "right to work"?
A. Each person has a claim against his society to have the opportunity to work.
B. Each person has the right to pursue work and should not be prevented by others from doing so.
C. Work is important for the social dimension that it communicates.
D. The person has a right to develop and express himself through productive labor.
Q:
The minimal ethical obligation of employers is to respect the human rights of their workers, and in the case of migrant labor, this means to abide by the rules of which of the following?
A. The UN Declaration on Human Rights
B. The Migrant and Seasonal Agricultural Work Protection Act
C. The International Convention on the Protection of the Rights of All Migrant Workers and Members of Their Families
D. The Illegal Immigration Act
Q:
Which of the following is the Marxist response to the notion of a just wage?
A. A just wage is a wage that provides the worker with the means to live a prosperous life.
B. A just wage is whatever the market will bear.
C. Wages cannot ever by just because all wage labor involves exploitation.
D. Wages can only be just if the wage is just compensation for the labor expended.
Q:
Which of the following is not something that is championed by advocates of socialism?
A. free enterprise
B. equality
C. security
D. absence of exploitation
Q:
Socialism is commonly, and erroneously, often confused with which of the following?
A. capitalism
B. communism
C. feudalism
D. None of these
Q:
Which of the following excusing conditions has to do with a clinical abnormality?
A. lack of control
B. absence of alternatives
C. external coercion
D. internal compulsions
Q:
Which of the following is the highest virtue, for Aristotle?
A. wisdom
B. courage
C. justice
D. generosity
Q:
Sound judgment involves all except which of the following?
A. a well-developed moral sense
B. experience
C. moral luck
D. careful deliberation
Q:
According to Kant, the second form of the Categorical Imperative is which of the following?
A. Act so that you treat humanity, whether in your own person or in that of another, always as an end and never as a means only.
B. Act only in that way that you would want another to act toward you.
C. Act only according to that maxim by which you can at the same time will that it should become a universal law
D. Act only so that the will through its maxims could regard itself at the same time as universally lawgiving.