A Policeman Refuses the Money Offered to Him Under the Table

question 7

Multiple Choice

A policeman refuses the money offered to him under the table and arrests the offender because he believes this is his duty as an officer of peace and order. According to Kohlberg, which of the following moral development stage is the policeman in?

• A) punishment-and-obedience orientation
• B) instrumental-relativist orientation
• C) interpersonal concordance orientation
• D) "law and order" orientation

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Definitions:

Shareholders

Individuals or entities that own shares in a corporation, giving them ownership stakes and typically the right to vote on corporate matters.

Principals

Principals typically refer to the main parties involved in a transaction or operation, such as the owners or chief stakeholders of a company.

Agents

Individuals or entities authorized to act on behalf of others, typically in financial transactions or negotiations.

Primary Market Transaction

A primary market transaction involves the initial issuance and sale of securities directly from the issuer to investors, as opposed to secondary market trading where investors buy and sell securities among themselves.