Which of the Following Is an Example of a Liability

question 96

Multiple Choice

Which of the following is an example of a liability a company would routinely incur to acquire the funds,goods,and services they need to operate?

• A)borrowing money obligates the company to repay the loan
• B)buying assets for cash obligates the company to pay for them
• C)buying assets on credit obligates the company to produce goods
• D)using the knowledge,time,and skill of employees obligates the company to pay for their use
• E)both A and B
• F)both D and E

Describe strategies for maintaining high ethical standards within organizations.

Understand the four dimensions of justice in organizations and apply them through examples.

Distinguish between instrumental and terminal values and their relevance in a business setting.

Define what comprises corporate governance and what does not.

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Definitions:

Abortions

The medical or surgical termination of a pregnancy before the fetus is capable of independent life, a procedure that is legally and ethically debated in many societies.

Constitutional Right

A right afforded to individuals by the constitution, protecting them against infringement from the government or other entities.

Physician-Assisted Suicide

A practice in which a physician provides a competent, terminally ill patient with a prescription for a lethal dose of medication, intended for self-administration to end their life.

Liberty Interest

Refers to the fundamental rights and freedoms protected by the Constitution that cannot be infringed upon without due process.