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When translated, caveat emptor means "let the buyer beware."

A) True
B) False

Correct Answer

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Relationships with customers and coworkers rarely create ethical problems.

A) True
B) False

Correct Answer

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Most authorities agree that business ethics should be improved.

A) True
B) False

Correct Answer

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Business ethics rarely involves the application of moral standards to the business activity of a normal company.

A) True
B) False

Correct Answer

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All bribes are unethical.

A) True
B) False

Correct Answer

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An effective program for social responsibility takes time, money, and organization.

A) True
B) False

Correct Answer

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Consumers will probably pay in large part for cleaning up our environment through increased taxes or increased product costs.

A) True
B) False

Correct Answer

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Air and water quality may be improving, but land pollution is still a serious problem in many areas.

A) True
B) False

Correct Answer

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Improved water quality is not only necessary, it is attainable at no cost.

A) True
B) False

Correct Answer

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One way a social responsibility program can be funded is by passing on the cost to the consumer in the form of higher prices.

A) True
B) False

Correct Answer

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People exposed to loud noises for a long time can suffer permanent hearing loss.

A) True
B) False

Correct Answer

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The right to service entitles consumers to convenience, courtesy, and responsiveness from manufacturers and sellers of consumer products.

A) True
B) False

Correct Answer

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Ethical behavior is most likely to be compromised when the personal ethics of businesspeople are high.

A) True
B) False

Correct Answer

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The $1.6 billion Superfund created in 1980 is to be used to develop successful ways of storing land pollutants.

A) True
B) False

Correct Answer

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The field of business ethics applies moral standards to business situations.

A) True
B) False

Correct Answer

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There are many more socially responsible businesses today than there were ten years ago.

A) True
B) False

Correct Answer

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A code of ethics is a written guide to acceptable and ethical behavior as defined by an organization.

A) True
B) False

Correct Answer

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The fundamental issues concerning land pollution are how to restore already contaminated land and how to prevent further contamination.

A) True
B) False

Correct Answer

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A key step in developing and implementing a social responsibility program is the environmental audit.

A) True
B) False

Correct Answer

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Those who "blow whistles" sometimes lose their jobs.

A) True
B) False

Correct Answer

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