Which of the Following Statements Accurately Describes How Ethics and Legal

question 55

Multiple Choice

Which of the following statements accurately describes how ethics and legal principles impact selling?

• A)Partnerships between buyer and seller can develop even if either acts unethically or illegally.
• B)Ethical principles become less important as firms move to strategic partnerships.
• C)Legal principles guide market exchange relationships.
• D)Ethical behavior builds distrust.
• E)All of the above statements accurately describe how ethics and legal principles impact selling.

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Definitions:

Special Endorsement

An endorser’s signature accompanying the name of the endorsee.

Endorser

A person who signs the back of a negotiable instrument, such as a check, thereby transferring ownership or guaranteeing its payment.

Endorsement

Official approval or support of an idea, product, or entity, often documented or publicized.

Interpersonal Barrier

Obstacles to effective communication and interaction between individuals, often rooted in misunderstandings, personal biases, or social norms.