What Are the Two Components of Ethical Decisions

question 76

Multiple Choice

What are the two components of ethical decisions?

• A)distributive justice and procedural justice
• B)normative judgments and legal precedents
• C)morality and normative judgments
• D)morality and fairness

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Definitions:

Theft of Trade Secrets

Theft of trade secrets involves the unauthorized acquisition, disclosure, or use of confidential business information that provides a competitive advantage, violating legal protections.

Obtaining by Fraud

Acquiring something of value through deceptive practices or false representations with the intent to gain unlawfully.

Statutorily Secured Monopoly

A monopoly status granted and protected by law to a company, often due to the nature of the industry or service it provides.

Useful New Devices

Innovations or inventions that offer a new utility, often eligible for patent protection.