Which of the Following Ethical Issues Is Associated with Firms

question 30

Multiple Choice

Which of the following ethical issues is associated with firms' product strategies?

• A) Exclusive territories
• B) False and deceptive advertising
• C) Planned obsolescence
• D) Bait-and-switch advertising

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Definitions:

Independent Distributors

Businesses or individuals that distribute products or services, but are not directly employed by the manufacturers of those products, allowing for operational and financial autonomy.

Internal Affairs

A doctrine in corporate law that allows the internal affairs of a corporation, such as shareholder rights, to be governed by the laws of the state of incorporation.

Incorporated

The process of legally declaring a corporate entity as separate from its owners, providing it with certain legal rights and responsibilities.

Veil Will Be Pierced

A legal principle that allows for the corporate structure to be disregarded, exposing the shareholders to personal liability, typically in cases of fraud or when the corporation is a sham.