The Only Way to Know If Something Is Ethical Is

question 16

True/False

The only way to know if something is ethical is to apply the common-sense test.

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Definitions:

Disclosure Statement

A document that outlines important details about a financial transaction or product to ensure transparency and informed decision-making.

Franchise

A type of business model where a business owner (franchisor) licenses their business name, products, and operating methods to an independent entrepreneur (franchisee).

Franchise Agreements

Contracts between the franchisor and franchisee outlining the terms under which the franchise operates, including fees, rights, and responsibilities.

Lawyer

Someone with the qualifications to advise on legal affairs or represent clients in matters of the law.