On the Job, Gary Acts Purely in His Own Best

question 98

Multiple Choice

On the job, Gary acts purely in his own best interests. He follows the company's rules only to avoid being fired. At what level of moral development is Gary functioning?

• A) Principled
• B) Consensual
• C) Conventional
• D) Discretionary
• E) Preconventional

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Definitions:

Call

An option contract giving the owner the right, but not the obligation, to buy a specified amount of an underlying asset at a set price within a specified time.

Strategy

A plan of action designed to achieve a long-term or overall aim.

Risk-Free Rate

The theoretical rate of return of an investment with zero risk, serving as a baseline for assessing the risk and return on other investments.

Stock Option

A derivative financial instrument that gives the holder the right to buy or sell a stock at a specified price before a certain date.