Business 100

QUESTION 8 Which of the following statements best captures the notion of private enterprise? Individuals pursue their own interests with minimal government restriction. Certain business activities remain "private." Businesses can do anything they want, free of legal restraints. Small businesses will do better than big businesses in the long run. QUESTION 9 Ethics are beliefs about what is right and wrong or good and bad. True False QUESTION 10 Aconflict of interest occurs when an activity may benefit the individual to the detriment of his or her employer True False QUESTION 11 Today, almost all major corporations have written codes of ethics. True False QUESTION 12 Insider trading occurs when someone uses confidential information to gain from the purchase or sale of stocks. True False