Global Codes of Conduct Seek to Establish Domestic Principles or Guidelines

question 80

True/False

Global codes of conduct seek to establish domestic principles or guidelines by which businesses might follow while doing business around the world.

---

Definitions:

Income

The reward garnered over time, generally in a consistent pattern, from occupational or investment sources.

Expected Utility Function

A concept in economics that predicts the utility or satisfaction a rational individual expects to receive from different outcomes, used in decision making under uncertainty.

Sure Payment

A guaranteed payment, often referring to financial transactions where the payer is obligated to pay a certain amount.

Lottery

A form of gambling which involves drawing lots for a prize, often administered by state or federal governments.