ALC Final Exam 2 Questions with Answers. Latest Update.

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ALC Final Exam 2 Questions with Answers. Latest Update.1. A conclusion arrived at through deductive reasoning is (inductive is probable) A. probable B. certain C. whimsical D. farcical ... 2. The rational starting point for ethics in an organization is a. At the bottom b. At the top c. At the level of execution d. At the level of supervisors 3. A ________ corporation is owned by a limited number of shareholders. a. Public b. Private c. Close d. S 4. ________ combines mediation and negotiation to arrive at a successful resolution. a. Common law b. Criminal law c. Civil law d. Collaborative law 5. ______ is the key to developing an ethical organization. a. Profit maximization b. Value maximization c. Loyalty d. Organizational culture 6. When interpreting the law, courts look for ______ a. guidance from the president b. guidance from the government c. guidance from the legislative branch d. precedent 7. An action that does not increase shareholder value and does not ______ should be rejected. a. Increase corporate earnings b. Stand up to an ethics test c. Promote corporate social responsibility d. Improve diversity 8. ______ duties may be levied if a country chooses to sell its products in other countries for a price than in its home country. a. Customs b. Countervailing c. Tarif d. Anti-dumping 9. Under common law, the acceptance of a contract should reflect the _______ of the ofer. a. Essential terms b. Major terms c. Exact terms d. Understanding [Show More]

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