A vehicle manufacturing company decides to hire 35 employees for its new servicing branch located in Texas. A total of 90 eligible applicants apply for the job of which 50 are Americans and 40 are African-Americans. Assuming that the company decides to hire 25 Americans and 10 African-Americans, what can be inferred using the four-fifths rule?
A. 0.5<0.8, this indicates that there is no evidence of discrimination.
B. 2>0.8, this indicates that there is evidence of discrimination.
C. The hiring rate for African-Americans is equal to four-fifth the hiring rate of Americans; hence there is no evidence of discrimination.
D. 0.5<0.8, this indicates that there is evidence of discrimination.
E. 2>0.8, this indicates that there is no evidence of discrimination.
Answer: D. 0.5<0.8, this indicates that there is evidence of discrimination.
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Martin wins a car in a lottery. As he already owns a car, he decides to sell the new one to his friend Ted. While driving the car, Ted gets into a head-on collision with another car
Due to a defective Supplemental Restraint System (SRS) in the vehicle, the airbag does not deploy and Ted is seriously injured. Which of the following statements is true of this situation? A) Martin can be held strictly liable because he sold the car to Ted. B) The car manufacturer cannot be held strictly liable as Ted had not bought the car from it. C) Martin cannot be held strictly liable as the sale of the car counts as a casual transaction. D) The driver of the other car can be held strictly liable due to his or her involvement in the accident.
A corporate financial manager trying to maximize shareholder value
A) is not concerned with ethics but rather with writing iron-clad contracts. B) is concerned with ethics because unethical behavior destroys trust, and businesses cannot function without a certain degree of trust. C) must behave ethically in order to stay out of jail. D) can safely ignore ethics as long as no laws are broken.