Complete the Following Using the Terms Listed

question 119

Multiple Choice

Complete the following using the terms listed.
-_____ refers to the responsibility of manufacturers for injuries and damages caused by their goods.

• A)Securities and Exchange Commission (SEC)
• B)Occupational Safety and Health Administration (OSHA)
• C)False Claims Act
• D)social audit
• E)social responsibility
• F)business ethics
• G)sexual harassment
• H)code of conduct
• I)Product liability
• J)postconventional stage
• K)Regulation FD
• L)Whistle-blowing
• M)green marketing

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Definitions:

Corporation Powers

The legal rights endowed to a corporation, allowing it to act as a single entity and carry out its business.

Statutory Norms

Established standards or rules set forth in laws enacted by legislative bodies.

Shareholder Agreements

Legal contracts among shareholders of a corporation, outlining their rights, duties, and obligations.

Closely Held Corporations

A business entity characterized by a small group of shareholders or owners, with limited public trade of its shares, often managed directly by its owners.