Question
Businesses do not have to concern themselves with ethics, only legality. True False The maximizing profits theory of business argues that having greater and greater
Businesses do not have to concern themselves with ethics, only legality.
True
False
The maximizing profits theory of business argues that having greater and greater profits is the only aim of business.
True
False
Max currently works as a cancer researcher at a major pharmaceaticalcompany. On September 1, 2019, he learns that his employer has just discovered a cocktail of drugs that will cure addiction. On September 5, 2019, Max tells his best friend, Kim, to buy the company's stock and tells her about the wonder drug. She does and makes over $50,000 once the news regarding the new miracle addiction drug is released. Is Max and Kim guilty of insider trading?
True
False
Generally, in order to be guilty of a crime,the government mustshow that a defendant committed a prohibited act with a wrongful intent.
True
False
jerry decides to steal Robert's personal computer. He approaches Robert and tells him, "Look, you have many things and you don't need that computer. Buddy, hand it over!" Jerry is later arrested for robbery. Is Jerry guilty of Robbery?
True
False
First degree sexual assaultwould be an example of a misdemeanor.
True
False
If Melissa has nude photos of her ex-partner and threatens to send them to her partner's employer,Melissa may be guilty of blackmail,
True
False
Regan,an attorney,works with elderly clients who trust him deeply. When his client,Mrs.Pearl dies,he takes more than $25K from her account on his recent gambling binge. Is Regan guilty of fraud.
True
False
Generally, there are three elements of a crime - the act,the intent, and thepunishment.
True
False
Jerry decides to steal Robert's personal computer. He approaches Robert and tells him, "Look, you have many things and you don't need that computer. Buddy, hand it over!" Jerry is later arrested for robbery. Is Jerry guilty of Robbery?
True
False
In order to be found guilty of aStrict liability crimes,the government must only prove the mens rea.
True
False
When Tiffany walks out of the classroom,Diana borrows her computer and uses it to check email. When Tiffany returns and sees Diana on her computer,she yells,that's larceny.Is Tiffany's statement true or false?
True
False
More people are victims of violent crime than white collar criminal activity.
True
False
The Golden Rule supports businesses in making ethical decisions as it focuses on treating others as we ourselves would like tobe treated.
True
False
When faced with an ethical dilemma,businesses may look to the interests of shareholders but never to stakeholders.
True
False
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