Which of the Following Approaches to Ethical Standards for Corporate

question 89

Multiple Choice

Which of the following approaches to ethical standards for corporate governance reflects the view that the best action emphasizes the welfare of the entire community or nation?

• A) rights approach
• B) utilitarian approach
• C) common good approach
• D) virtue approach

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Definitions:

Securities Exchange Act

A U.S. law governing the trading of securities, such as stocks and bonds, to provide protection for investors.

Gourmand Pastries

High-quality, often elaborate or luxuriously prepared baked goods intended for those who delight in eating fine food.

Fresh Fruit

Unprocessed fruit, in its natural state, often consumed for its nutritional value.

Registration Statement

A set of documents, including financial statements and a prospectus, filed with the Securities and Exchange Commission (SEC) for a company seeking to issue publicly-traded securities.