Which of the Following Is True of Companies That Are

question 30

Multiple Choice

Which of the following is true of companies that are ethical and successful?

• A) They are solely concerned about the benefits of the company while making business decisions.
• B) The owners most often assume responsibility for the actions of the company rather than the employees.
• C) They are less concerned about the interests of the people involved in the business.
• D) Their main aim is to maximize profits in all their transactions.
• E) They have a sense of purpose and vision that the employees value, and use in their day-to-day work.

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Definitions:

Intermediate Courts of Appeal

Judicial bodies that exist between lower courts and the highest court in a jurisdiction, responsible for reviewing decisions and interpretations of law from trial courts.

Federal Circuit Courts of Appeal

The Federal Circuit Courts of Appeal are intermediate appellate courts in the United States responsible for reviewing decisions from federal district courts within their geographic circuit.

Limited Jurisdiction

A legal term referring to courts that are restricted in the types of legal matters they can decide, usually based on the subject matter, the amount in controversy, or the geographical area.

Case or Controversy

A term used in constitutional law referring to a requirement for federal courts to adjudicate actual disputes, not hypothetical scenarios.