Which of the Following Situations Would Be Considered Ethical

question 17

Multiple Choice

Which of the following situations would be considered ethical?

• A) The cashier at Wal-Mart gives you $5 more than you were supposed to receive and you don't do anything about it
• B) You accidentally back into a car at Wal-Mart and leave your information for them to call
• C) Receiving fake $20 bills and using them in a store while knowing they are fake
• D) Finding a phone in a restaurant and keeping it

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Definitions:

Cotton Farming

The agricultural practice of cultivating cotton plants for their fibers, which are used in textile production.

Differentiated Oligopoly

A market structure in which a few companies dominate the market and sell products that are different but closely related, often with marketing brands, designs, or functionalities.

Homogeneous Oligopoly

A market structure characterized by a few companies that sell identical or very similar products, leading to strategic behavior among competitors.

Automobile Industry

A sector that encompasses companies involved in the design, manufacture, marketing, and selling of motor vehicles.