Question 1

Which of the following is a theory that recognizes that firms have relationships with many constituent groups which both affect and are affected by the actions of the firm?

A.  Stakeholder

B.  Stockholder

C.  Relational

D.  Cohesive

Question 2

Managers can make their own ______ law by entering into contracts and crafting certain governance structures.

A.  Public

B.  Primary

C.  Cohesive

D.  Private 

Question 3

The ______ approach recognizes that “business decisions consist of continuous, interrelated economic and moral components.”

A.  Procedural

B.  Systems

C.  Conciliatory

D.  Mandated

Question 4

Which of the following is listed in the text as a component of managing risk when assembling a team in business development?

A.  Analyzing any covenants not to compete

B.  Purposefully refusing to address issues such as sexual harassment at such an early stage

C.  Informing employees regarding the e-mail communications are not discoverable

D.  Refusing to provide whistleblower protection

Question 5

The ______ approach to business and society introduced in the text is a descriptive framework that integrates legal and societal considerations with mainstream theories of competitive advantage and social responsibility.

A.  Integrative

B.  Systems

C.  Proactive

D.  Economic

Question 6

Which of the following is an advocacy group that has lobbied against marketing to children?

A.  The Alliance to Ban Advertising Targeting Children

B.  The Protect the Children Foundation

C.  The Center for Science in the Public Interest

D.  The Group for Ethical Marketing Practices

Question 7

Congress rescinded the jurisdiction of which of the following agencies over advertising to children?

A.  The American Consumer Agency  

B.  The Federal Communications Commission

C.  The Federal Trade Commission

D.  The Federal-State Advertising Coalition

Question 8

Which of the following is a term addressing the ability of a manager to communicate effectively with counsel and to work together to solve complex problems?

A.  Legal astuteness

B.  Conciliatory interaction

C.  Mediation

D.  Arbitration

Question 9

According to the Delaware Supreme Court, when does the role of a director shift from being a “protector of the corporate bastion” to being an “auctioneer” charged with obtaining the highest realizable short-term value for the shareholders?

A.  Only when the breakup of the corporation or a change of control has become inevitable

B.  Whenever a yearly loss is reflected

C.  At the point that a yearly loss has been reflected for three straight years

D.  When the CEO and the board of directors are in disagreement, and there has also been a yearly loss reflected for three straight years

Question 10

According to the Kantian theory of universalizability, the ethical worth of an act is determined by whether one

A.   would want such a rule applied to minority members of society

B.   would want everyone to perform in this manner

C.   could get away with such an action

D.   could live with the results of such an action

Question 11

Which of the following are the three main theories under the comparative justice framework?

A.  Retributive, Kantian, and Rawlsian 

B.  Compensatory, comparative, and retributive    

C.  Distributive, compensatory, and retributive 

D.  Utilitarianism, teleological, and compensatory

Question 12

Which of the following is not an example of St. Thomas Aquinas’ requirements for a law to be just?

A.  The law musLAW 531 / LAW 531 WEEK 6 FINAL EXAM (LATEST),Law,$25.00,

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