A Code of Ethics Is Important to Clarify Company Expectations

question 12

Multiple Choice

A code of ethics is important to clarify company expectations of employee conduct in various situations and to

• A) reduce the burden on the judicial system.
• B) make it clear that the company expects its people to recognize the ethical dimensions in decision and actions.
• C) promote a high level of societal norms.
• D) encourage individuals to strive for good citizenship and corporations to contribute positively to society.
• E) minimize the possibility of mandatory regulations.

Recognize the role of criminal law in addressing harm to public health, safety, or morals.

Learn about the distinctions between larceny and embezzlement.

Understand the legal frameworks for combating bribery and corruption, especially in international contexts.

Recognize the legal consequences of non-compliance with regulatory statutes.

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Definitions:

Battle of the Forms

A legal concept relating to the negotiation process between businesses over the terms of a contract, particularly when both parties provide conflicting standard terms.

Variance

A measure of how much a set of numbers differs from each other or a statistical permission to deviate from a standard in zoning laws.

Silence

The absence of any sound or noise.

Acceptance

Within the domain of contract law, the process of consenting to an offer's conditions, thus establishing a legally enforceable agreement.