Why Is the Public More Tolerant of Consumer Misconductthan Business

question 7

Multiple Choice

Why is the public more tolerant of consumer misconductthan business misconduct?

• A)Businesses are expected to have a better idea of right and wrong.
• B)The decisions of individuals have little to do with ethics in the business world.
• C)There are big differences in wealth and success between businesses and consumers.
• D)More organizations commit misconduct than individual consumers.
• E)There is a large income disparity among professional businesspeople.

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Definitions:

Minimum-wage Laws

Legislation that sets the lowest hourly wage rate that an employer can legally pay its workers, aiming to ensure a minimum standard of living.

Workers

Individuals engaged in a physical or mental activity aimed at producing goods or providing services in exchange for wages.

Right-to-work Laws

Legislation that prohibits compulsory union membership as a condition of employment, allowing individuals to work without being forced to join a union.

Unionized Firm

A company where the workforce is represented by a union in negotiations regarding employment terms.