Garth Dies Without a Will

question 7

Multiple Choice

Garth dies without a will. The distribution of Garth's property, including his eleven forested acres near Hope, Arkansas, is prescribed by

• A) a court-appointed executor.
• B) federal probate statutes.
• C) state intestacy laws.
• D) Garth's relatives.

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Definitions:

Bounded Ethicality

The concept that cognitive biases and organizational pressures lead individuals to engage in actions that are unethical without fully realizing their wrongdoing.

Ethical Standards

Guidelines of conduct that dictate how a person should behave based on moral duties and virtues.

Canadian Bank CEO

The chief executive officer of a banking institution based in Canada, responsible for the overall strategic direction and management.

Unethical Sales Behaviour

Practices by sales personnel that are deceptive, misleading, or otherwise violate ethical standards, often to achieve sales targets or personal gain.