Please answer all 8 questions and explain each answers. Thank you!

7.When businesses take account of the many cultural, religious, and legal differences among nations, they are engaging in ______________________________.

a.Global business ethics.

b.Corporate social responsibility.

c.Triple bottom line ethics.

d.Outcome-based ethics.

e.Embezzlement.

17.The Sarbanes-Oxley Act:

a.Requires chief corporate executives to take responsibility for the accuracy of financial

statements.

b.Imposes harsh penalties for violations of securities laws.

c.Imposes strict disclosure requirements.

d.All of the above.

e.None of the above.

20.An environmental impact statement (EIS) must analyze:

a.The impact that the action will have on the environment.

b.Any adverse effects on the environment and alternative actions that might be taken.

c.Irreversible effects that the action might generate.

d.All of the above.

e.None of the above.

26.Under The Rule of Reason (Sherman Act), courts will consider which of the following

when analyzing an alleged Section I violation:

a.The purpose of the agreement

b.The effect of the potential effect of the agreement on competition.

c.The parties' ability to implement the agreement to achieve the purpose.

d.Whether the parties could have relied on less restrictive means to achieve their purpose.

e.All of the above

f.None of the above.

27.Who enforces antitrust law?

a.The U.S. Department of Commerce.

b.The president.

c.The U.S. Department of Justice..

d.All of the above.

e.None of the above.

31. What is true about open terms under Article 2 of the UCC?

a.Courts will apply a reasonable price.

b.Courts will apply a reasonable quantity.

c.Courts will apply a reasonable delivery term.

d.All of the above.

41.A security can be:

a.Preferred and common stocks.

b.Bonds.

c.Stock options.

d.Checks.

e.All of the above.

f.a., b., and c.,

43.What is true about lemon laws?

a.They apply to all goods.

b.They apply to the sale of automobiles.

c.They apply to the sale of new automobiles.

d.They apply to the sale of used automobiles.