Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Business Law > Chapter 2 > Flashcards

Chapter 2 Flashcards

You may prefer our related Brainscape-certified flashcards:
MBE flashcards MPRE flashcards Civil Procedure 1L flashcards
1
Q

Ethics

A

Duty
Outcome
Utilitarian

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Due Process

A

Fair Hearing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Duty Based Ethics

A

Regardless of consequences

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Outcome Based Ethics

A

based on consequences

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Utilitarian

A

greatest good for greatest number of people

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Punitive Damages

A

punishing exxon

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Social Responsibility

A

Act ethically and be accountable to stakeholders for their actions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Stakeholders

A

Anyone who has a stake in the corporation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Foreign Corrput bribery act

A
  • “Grease” to miniterial (not big decision makers) employees is NOT illegal
  • Prohibition of bribery of high ranking foreign officials
  • BUT bribery with military then you’re in trouble!
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Who can be a stake holder?

A

ALL OF THE ABOVE YO!

How well did you know this?
1
Not at all
2
3
4
5
Perfectly

Business Law (15 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions