The Existence of an Ethical Duty on the Part of Commerce

question 3

Multiple Choice

The existence of an ethical duty on the part of Commerce & Trade Company, and other businesses, to prevent an attack by hackers on business computer systems, and consequent theft of customers' and employees' personal data, is evidenced by

• A)a business's offer of credit monitoring in the event of a breach.
• B)a business's cyber security insurance.
• C)the individuals' trust in the business to protect their data.
• D)a business's stated "Privacy Policy."

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Definitions:

Economic Theory

A set of principles and models that explain how economic agents interact and how economies function.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing and able to purchase at various prices.

Budget Line

A graphical representation of all possible combinations of two goods that can be purchased with a given budget at specific prices.

Demand Schedule

A table that shows the quantity of a good that consumers are willing and able to purchase at various prices.