Any action that is illegal is unethical and any action that is legal is ethical
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: There are many things that are legal but not ethical. For example, it is legal to be wasteful with fossil fuels, but given the problems we face today with global climate change, pollution, and high energy prices, this wastefulness is clearly not ethical.
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Each beneficiary.
a. spendthrift b. resulting c. spatter d. spray
Suppose Lufthansa buys 10 Boeing 747s for $150 million in 1991, financed by a five year loan from the US Export Import Bank. There is a one-year grace period on principal and interest payments. The net impact of this sale in 1991 is
A) a $150 million reduction in the U.S. trade deficit. B) a $150 million reduction in the U.S. capital account surplus. C) zero change in the U.S. balance of payments in 1991. D) all of the above.