_______________ Is the Tenet of Ethics That Refers to Determining

question 1

Multiple Choice

_______________ is the tenet of ethics that refers to determining who is responsible for actions that were taken.

• A) Liability
• B) Responsibility
• C) Accountability
• D) The code of ethics

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Definitions:

Exculpatory Clause

A contract provision that relieves one party from liability for harm caused during the execution of the contract.

Tort Liability

Legal responsibility arising from a civil wrong that causes harm or loss to an individual or property, not based on contracts.

Illegal Agreements

Contracts or arrangements that are prohibited by law and thus are not enforceable by the judicial system.

Noncompetition Clause

A contract provision that prohibits a party from engaging in similar business or trade in competition against another party.