Of the Following Practices,which of the Following Is Most Likely

question 13

Multiple Choice

Of the following practices,which of the following is most likely to be viewed by both salesperson and customer as unethical?

• A) The salesperson gives the customer a cut glass paperweight with the company's name engraved on it at the end of December.
• B) A salesperson gives a potential customer tickets for front-row seats at a sold-out concert of the potential customer's favorite singer.
• C) The company throws an annual party for its clients at company headquarters that includes a buffet and open bar.
• D) At a software convention, a software sales rep takes its top five clients out for dinner at an expensive steakhouse.
• E) A railway company gives all of its vendors a 20% discount on passenger rail services.

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Definitions:

Fixed Exchange Rate

A currency system in which the value of a country's currency is tied to the value of another single currency, a basket of other currencies, or another measure of value, such as gold.

Trade Barriers

Trade Barriers are government-imposed restrictions on the free exchange of goods and services between countries, including tariffs, quotas, and subsidies.

Free Trade

An economic policy of not discriminating against imports from and exports to foreign jurisdictions, allowing goods to move freely across borders.

Floating Exchange Rate

A currency valuation system that allows the value of the currency to fluctuate according to the foreign exchange market.