Which of the Following Business Actions Is Considered to Be

question 84

Multiple Choice

Which of the following business actions is considered to be unethical?

• A) Satisfactory product or service safety
• B) Selling products in foreign markets
• C) Providing equal opportunities for women and minorities
• D) Filing expense accounts
• E) Misleading labeling

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Definitions:

Amortized Loan

A loan with scheduled periodic payments that consist of both principal and interest, designed to pay off the debt over a set period.

Effective Rate

The actual interest rate an investor receives or pays on a financial product, factoring in the effects of compounding.

Amortization Schedule

A table detailing each periodic payment on an amortizing loan, including breakdowns of principal and interest.

Amortizes Loans

Loans for which periodic payments are made that include both interest and principal, gradually reducing the outstanding balance.