Which of the following is the best example of business ethics guided by law?
A. Emilia usually consulted with her lawyer before she fired any of her employees.
B. Emilia typically wore dresses in public because women in her family traditionally favored dresses.
C. Emilia generally followed guidelines set forth in the Bible in conducting business.
D. Emilia never offered extra credit to her students because she believed grades should be based on regularly-assigned work.
Answer: A. Emilia usually consulted with her lawyer before she fired any of her employees.
You might also like to view...
Creditors that violate the Consumer Lease Act are subject to the civil and criminal penalties provided in the ________ Act
A) Truth-in-Lending B) Fair Credit Billing C) Fair Credit and Charge Card Disclosure D) Fair Debt Collection Practices
Consolidated Industries has total interest charges of $20,000 per year. Sales of $2 million generated an operating income of $220,000 and an after-tax profit of 6% of sales. The firm has a marginal tax rate of 40%
What is the firm's times-interest-earned ratio? A) 10 B) 11 C) 12 D) 13