The Effectiveness of Internal Company Codes of Ethics Is Determined

question 20

True/False

The effectiveness of internal company codes of ethics is determined by the degree of their enforcement by legal authorities.​

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Definitions:

Compel Arbitration

A legal process where a court requires disputing parties to resolve their issues through arbitration rather than litigation.

Arbitrated

Having disputes settled through arbitration, which is a form of alternative dispute resolution involving an impartial third party to make binding decisions.

Consent

Agreement or approval given freely and willingly by a competent individual, often necessary in legal, medical, or personal contexts.

Appellate Court

A superior court that examines the rulings of inferior courts for the proper application of the law.