Which of the Following Is an Example of Ethical Behavior

question 62

Multiple Choice

Which of the following is an example of ethical behavior of the management of a corporation?

• A)Executives of the corporation pursue their own personal interests when making important business decisions.
• B)Payment of bribe by the management of the corporation to foreign governments to obtain business.
• C)The management of the corporation uses confidential information for personal gain.
• D)The management actions are often resulting in large gains for themselves and large losses for stockholders.
• E)The management takes steps to adhere to laws and regulations relating to product safety.

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Definitions:

Bearer Instrument

A negotiable financial instrument that is payable to the holder or presenter.

HDC

Stands for Holder in Due Course, a term in commercial law referring to an individual who has acquired a negotiable instrument in good faith and for value, therefore, has certain protections.

Promissory Note

A written promise to pay a specified sum of money to a designated person at a specified date or on demand.

Indorses In Blank

A term referring to the endorsement of a negotiable financial instrument without specifying the endorsee, making it payable to the holder.