What Did the King I and King II Reports Have

question 23

Multiple Choice

What did the King I and King II reports have in common?

• A) They both limited their scope to the financial and regulatory accountability of corporations.
• B) They both advocated following the traditional,single bottom line of profitability.
• C) They both rejected the triple bottom line suggested by the Cadbury approach.
• D) They both incorporated a code of corporate practices that looked beyond corporations.

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Definitions:

Businesses Behavior

The patterns, practices, and ethical decisions made by companies in the pursuit of their objectives, including how they interact with their stakeholders, the environment, and the economy.

Standing to Sue

The legal right of an individual or entity to initiate a lawsuit, contingent upon having a sufficient connection to and harm from the law or action challenged.

Jurisdiction

The official power or authority to make legal decisions and judgments, often within a specified geographic area or over certain types of legal cases.

Supreme Court

The highest judicial court in the United States, consisting of nine Justices and having ultimate appellate jurisdiction.