The Amount of Xylene That Can Be Used in Household

question 86

Multiple Choice

The amount of xylene that can be used in household paint is legally limited to 0.03 percent. Anything beyond this amount is hazardous to health and the environment, and considered a legal offense. Consequently, CW Paints Corp. has vouched to make its products as safe as possible. Therefore, it manufactures xylene-free paints even though this increases its costs and reduces the dividends paid to its shareholders in the long run. Which of the following responsibilities is CW Paints Corp. primarily compromising in this scenario?

• A) legal responsibilities toward the government
• B) economic responsibilities toward its shareholders
• C) philanthropic responsibilities toward the local community
• D) ethical responsibilities toward the society

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Definitions:

Specific Performance

A legal remedy requiring a party to fulfill their obligations under a contract, as opposed to simply paying damages.

Violin

A stringed musical instrument, typically played with a bow, known for its high pitch and significant role in both classical and contemporary music compositions.

Injunction

An injunction is a legal order issued by a court that compels a party to do or to refrain from doing specific acts.

Conditions

Major terms of a contract.