Which of the Following Cases Is an Example of Agreement

question 45

Multiple Choice

Which of the following cases is an example of agreement of ethics and laws?

• A)a company outsourcing its work to a foreign country to take advantage of cheap labor
• B)a person being penalized for bribing a judge to rule a case in the person's favor
• C)a company not spending more to keep its emission rates below the legal standard
• D)a person hiring an illegal alien worker whose family is destitute

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Definitions:

Fair Value

The estimated market value of an asset or liability, based on current conditions and informed market participant transactions.

Outstanding Common Stock

The shares of a corporation's common stock that are issued, sold, and actively held by investors, excluding any treasury stock.

Annual Amortization

The process of spreading the cost of an intangible asset over its useful life on a yearly basis.

Retained Earnings

The portion of net income left over for the business after it has paid out dividends to its shareholders, often reinvested in the business.