What Type of Company Is Required to Have a Code

question 74

Multiple Choice

What type of company is required to have a code of ethics available to all employees?

• A) all companies that employ more than 100 people
• B) all companies that trade internationally
• C) all companies that have more than a single owner
• D) all companies that are publicly traded
• E) all companies that make more than a million dollars

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Definitions:

Buyers and Sellers

Parties involved in the exchange of goods, services, or financial instruments in a marketplace.

Caveat Emptor

A legal principle that means "let the buyer beware," implying that it is the buyer's responsibility to perform due diligence before making a purchase.

Pre-owned Car

A vehicle that has been previously owned by one or more retail owners, typically sold through various outlets including dealerships and private sales.

Purchase Price

The amount of money paid to buy a product or service.