The Ethical Standards Test of Ethical Behavior in Businesses That

question 36

Multiple Choice

The ethical standards test of ethical behavior in businesses that prioritizes acting in such a way that the action taken under the circumstances could be a universal law or rule of behavior is called:

• A)the family test.
• B)the professional ethic.
• C)the Golden Rule.
• D)Kant's categorical imperative.

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Definitions:

Exemptions

Provisions in law allowing certain assets to be protected or income to be free from taxation or legal processes in specific situations.

Bankruptcy Code

The body of federal law under the United States Code that governs the process of bankruptcy in the United States.

Statutory Lien

A legal claim or hold on property, established by statute, as security for the payment of a debt or obligation.

Security Interest

A legal claim or lien on property as security for the payment of a debt or obligation.