Examlex
Joe paid his subordinate John less than John deserved because Joe knew that John needed the job badly. Joe's behavior is
illegal but not unethical.
unethical but not illegal.
both illegal and unethical.
neither illegal nor unethical.
It is not possible to say without determining how John feels about his pay.
Vertical Price-Fixing
An illegal practice where parties at different levels of the same supply chain (like manufacturers and retailers) agree to control the prices at which a product must be sold.
Per Se
A Latin phrase meaning "by itself" or "in itself," used to indicate something that is inherently or intrinsically the case.
Tying Agreements
Contracts where the buyer is required to purchase one product in order to buy another product, often considered anti-competitive.
Possible Justification
Potential reasoning or explanation that can support or legitimize a particular action or decision.
Q17: Stability, as an economic goal, is a
Q46: Which of the following best describes nominal
Q61: Equity refers to the money, or capital,
Q84: What is reflected in the real GDP?
Q95: Which of the following terms is used
Q136: Where do the majority of entrepreneurial ideas
Q159: When the Organic Trade Association partnered with
Q185: How might low inflation levels in the
Q189: _ is often cited as a buyer
Q223: What characteristics do entrepreneurs typically exhibit? How