Which of the Following Statements About Ethics and Organizations at Large

question 4

Multiple Choice

Which of the following statements about ethics and organizations at large is accurate?

• A) Organizations must work hard to maintain an internal culture free of ethical challenges.
• B) Organizations face ethical challenges only if they fail to both engage in ethics training and in hiring ethical employees.
• C) All organizations are ethically challenged.
• D) Most organizations are ethically challenged.

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Definitions:

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named or to the bearer.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and simplify the law relating to business and commerce across states.

Commercial Paper

Short-term, unsecured promissory notes issued by companies to finance their operations, often with maturities of less than 270 days.

Sum Certain

A specific, fixed amount of money that is clear and unambiguous in a legal agreement or financial transaction.