Standards That Govern How Members of an Organization, Whether They

question 105

Multiple Choice

Standards that govern how members of an organization, whether they are managers or workers, make decisions when the way in which they should behave is not clear-cut are ________ ethics.

• A)professional
• B)individual
• C)societal
• D)organizational

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Definitions:

Assignable

Refers to the capability of transferring rights or interests in a contract or financial instrument to another party.

Revoked

The act of officially canceling or rescinding a legal right, license, permission, or privilege.

Firm Offer

A binding proposal to sell or buy goods that holds the offering party to its terms for a certain period.

Merchant

An individual or company engaged in the business of buying and selling goods for profit.