Which One of the Following Statements Most Accurately Distinguishes Between

question 174

Multiple Choice

Which one of the following statements most accurately distinguishes between laws and ethics?

• A) Laws reflect the beliefs of the majority of society while ethics reflect the beliefs of the minority of society.
• B) Ethics deal with religious and moral beliefs while laws deal with social, economic, and environmental behaviors.
• C) Ethics deal with internal (personal) issues while laws deal with external (social) issues.
• D) There is no significant difference between laws and ethics; these terms can be used interchangeably.
• E) Ethics deal with personal moral principles and values whereas laws are society's values that are enforceable in the courts.

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Definitions:

Seller's Risk

The risk borne by the seller of goods until the ownership is transferred to the buyer, typically under specified delivery terms.

Exported Goods

Items that are sent from one country to another for the purpose of trade or sale.

Sovereign Immunity

The legal doctrine that prevents the government or its subdivisions, departments, and agencies from being sued without its consent.

Foreign Sovereign Immunities Act

A U.S. law that limits the circumstances under which a foreign sovereign nation (its political subdivisions, agencies, and instrumentalities) can be sued in U.S. courts.