A(n)________ _-Based Ethics Code Emphasizes the Prevention of Unlawful Behaviour

question 103

Multiple Choice

A(n) ________ _-based ethics code emphasizes the prevention of unlawful behaviour by increasing control and penalizing wrongdoers.

• A)integrity
• B)compliance
• C)legal
• D)corporate responsibility

---

Definitions:

Marginal Social Cost

This refers to the entire cost society bears for the production of an additional unit of a good, including both private costs borne by producers and external costs absorbed by others.

Common Resource

A resource like air or water that is non-excludable and rivalrous, meaning it's difficult to prevent anyone from using it, and one person's use diminishes others' use.

Common Resource

A resource like air or water that is not owned by anyone, but can be used freely by the public, often leading to overuse and depletion.

Socially Optimal

A condition or point at which the benefit to society is maximized, often considered in economic contexts to represent the most efficient allocation of resources.