Aaron,a Businessman,has a Method of Keeping Track of Accounts Receivable

question 101

Multiple Choice

Aaron,a businessman,has a method of keeping track of accounts receivable by sorting them into groups of those that are 30,60,90,and over 90 days past due.Which of the following actions will the collection agency which buys the delinquent account from Aaron do?

• A) Collect the entire amount owed and return it to Aaron.
• B) Sell it back to Aaron after collecting the entire amount owed.
• C) Collect the entire amount owed and keep all the money it obtains.
• D) Take mild actions and collect a token amount.

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Definitions:

Unethical Sales Behaviour

Practices in sales that are deceptive, dishonest, or otherwise violate moral principles.

Ethical Misconduct

Behaviors or actions by individuals or organizations that violate moral or professional ethics standards.

Abusive Behaviour

Actions that intentionally cause harm or distress to another person, often used in the context of relationships or workplaces.

Bounded Ethicality

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