Social Responsibility

question 91

Multiple Choice

Social responsibility:

• A) Is a concern for the impact of our actions on society.
• B) Is a code that helps in dealing with confidential information.
• C) Is required by the SEC.
• D) Requires that all businesses conduct social audits.
• E) Is limited to large companies.

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Definitions:

Corporate Outsiders

Individuals or entities that are not directly involved in the internal management or operations of a corporation, such as investors or the general public.

Insider Trading

The illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.

Securities Exchange Act

A federal law governing the trading of securities in the United States, aimed at protecting investors through regulation of the securities industry.

Securities Act

A law aimed at regulating the securities industry and requiring disclosure of important information regarding offerings of securities to the public.