Which of the Following Is True of Ethical Relativism

question 19

Multiple Choice

Which of the following is true of ethical relativism?

• A) Concepts of ethically right and ethically wrong are relative across countries and cultures but are universal within countries or cultures.
• B) Individuals and businesses have a basic right to "moral free space" and it is inappropriate to specify ethically permissible and ethically impermissible actions and behaviors.
• C) There are important occasions when local cultural norms and morality and the circumstances of the situation determine whether certain behaviors are right or wrong, for there are no absolutes when it comes to business ethics.
• D) Concepts of right and wrong as applied to business situations are always a function of each company's own set of values, beliefs, and ethical convictions (as stated in the company's code of ethical conduct).
• E) Standards of what is ethically right and ethically wrong as applied to business behavior are determined solely by whatever business norms prevail in a particular company's home country and are applicable to its operations in all other countries.

Understand the development of the olfactory system.

Identify the origin of various glands in the human body.

Describe the embryonic development of the cardiovascular system.

Understand the development and maturation process of the integumentary system.

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Definitions:

Auction With Reserve

An auction where the seller retains the right to accept or reject the highest bid within a specific time frame, due to a minimum sale price not being met.

Mutual Assent

An agreement between parties that is reached when all involved parties have a matching understanding and intention to be bound by the terms.

Agreement Standard

The established criteria or clauses that form the basis of a contractual agreement between parties.

Acceptance

In contract law, it is the act of agreeing to the terms of an offer, thus creating a binding contract.