Unethical Behavior in Business Can Be Reduced If Management Does

question 45

Multiple Choice

Unethical behavior in business can be reduced if management does all of the following except

• A) establishes clear policies on unethical behavior.
• B) limits opportunities for unethical behavior.
• C) establishes formal rules and procedures.
• D) punishes unethical behavior firmly.
• E) depends totally on employees' personal ethics.

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Definitions:

Contract

A legally binding agreement between two or more parties that outlines obligations and provisions for each party.

Genuineness Of Assent

A legal principle stipulating that all parties involved in a contract must genuinely agree to the contract's terms for it to be valid and enforceable.

Duress

The use of force, threats, or coercion to compel someone to act in a manner they would not ordinarily choose.

Fraudulent Misrepresentation

A false statement of fact made by one party to another with the intent to deceive, which leads to a material injury.