Which of the Following Is Most Likely at the Root

question 142

Multiple Choice

Which of the following is most likely at the root of the problems that befell an unethical company like Enron?

• A)poor ethics training programs
• B)no written code of ethics
• C)leaders with such high ethical standards that ordinary people could not hope to live up to them
• D)leaders with poor ethical standards

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Definitions:

Auto-parts Manager

A professional responsible for overseeing the operations and inventory of an auto-parts store or department.

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise considered binding, not because of a formal contract, but because it was relied upon by another to their detriment.

Quasi-contract

A legal concept where a court imposes an obligation on a party to prevent unjust enrichment or unfair benefit at the expense of another, even if no actual contract exists.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to harmonize the law of sales and other commercial transactions across American states.