Which of the Following Statements About Ethics Is True

question 118

Multiple Choice

Which of the following statements about ethics is true?

• A) Acting ethically is always easier than any other form of action.
• B) Employees assume no risk when they conduct themselves ethically.
• C) Ethics can be specifically defined, like other laws.
• D) If an act is legal, it must by definition be ethical.
• E) Ethics is the set of moral principles or values that defines right and wrong for a person or group.

---

Definitions:

Tariff

A levy placed by the government on goods being imported or exported.

Consumer Surplus

The distinction between the theoretical spending capacity of consumers on a good or service and their actual spending.

Trade

The exchange of goods, services, or both between two or more parties, either domestically or internationally.

Person-job Fit

Refers to the compatibility between an individual's skills, experiences, and attributes with the demands of a job.