Which of the Following Is True About How Ethical Conceptions

question 44

Multiple Choice

Which of the following is true about how ethical conceptions shape business law and business relationships in different countries?

• A)Different ethical understandings prevail in different countries,so ethical conceptions shape business law and business relationships uniquely in each country.
• B)Business law should be the same in all countries because protecting the rights of shareholders is always the ethically proper course of action.
• C)Different ethical understandings exist in different countries,but fairness is the highest ethical standard so countries must create uniform laws.
• D)Ethics does not shape business law or business relationships because law and ethics are separate and not interrelated.
• E)Business law and business relationships should be the same in all countries because ethics provides one correct answer to all questions.

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Definitions:

Excess Cash

Excess cash refers to the amount of cash holdings that exceed what a company needs for its operational requirements, often invested or returned to shareholders.

Repurchase Prices

The cost at which a company can buy back shares or securities from the market or shareholders.

Market Prices

The current the current price at which an asset or service can be bought or sold in a particular market.

Dividends

Money given by a business to its stock owners, which comes from the profits the company has made.