Despite the Challenges and Lack of Clear Answers,ethics Is Important

question 30

Multiple Choice

Despite the challenges and lack of clear answers,ethics is important because it has become clear that relying on __________ alone to safeguard the community is insufficient.

• A)Corporate policy
• B)The law
• C)Audit trails
• D)Moral behavior

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Definitions:

Club Good

A type of good that is excludable but non-rivalrous, meaning those who do not pay cannot access it, but one person's use does not diminish availability for others.

Common Resource

A resource like air or water that is not owned by anyone, is available for everyone to use, and is rivalrous but non-excludable.

Pennsylvania Turnpike

A toll highway in Pennsylvania, significant for its role in transportation infrastructure in the United States.

Free Rider

A person who enjoys the advantages of goods, services, or resources without bearing the expenses associated with them.