It Is Not Ethically Sufficient to Obey the Law Because

question 10

Multiple Choice

It is not ethically sufficient to obey the law because _________

• A)the law does not apply to business in general
• B)ethical constraints sometimes require that the law be ignored
• C)ethics goes beyond what can be legally codified
• D)the law itself is stricter than ethics

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Definitions:

Facilities

Physical buildings and structures that are used for the production of goods or delivery of services.

Accounts Receivable Turnover

A financial ratio indicating how quickly a company collects on the credit it extends to customers.

Receivables

Money owed to a business by its customers for goods or services that have been delivered but not yet paid for.

Inventory

The products and resources kept by a company with the primary purpose of being sold, used in manufacturing, or consumed.