Question Completion Status: QUESTION 23 If using a product entails risk, then that makes the product "defective." 0 True O False QUESTION 24 Any advertisement that makes a false claim is deceptive. 0 True 0 False QUESTION 25 Government safety regulation is often viewed as paternalistic and thus morally objectionable. 0 True 0 False QUESTION 26 The strict liability approach to product liability rests on an assumption of an equal and balanced relationship between producer and consumer, with each sharing equal responsibility. 0 True 0 False Question Completion Status: QUESTION 27 According to Galbraith in The Affluent Society, the the "dependence effect" takes absolute control over consumer spending. 0 True 0 False QUESTION 28 In capitalism, the View underlying the price at which products are sold is defended on the basis of property rights. O True O False QUESTION 29 The decision made by executives at Ford Motor Company to rush the production of the Pinto despite (internally) wellknown concerns about a defective gas tank was made on deontological grounds where the safety and informed consent of their customers was of paramount importance. O True O False QUESTION 30 The Eight Pitches case study concerns advertising and asks at which point do these ads begin to violate our autonomy? O True O False Question Completion Status: QUESTION 31 Match the term on the left with its proper definition on the right (not all definitions will not be used). Bluffing A. Steering customers toward purchases that are unsuitable for them, given their stated needs and desires. Price Negotiation B. "If I have a right to X, then I am free to transfer it to you on whatever terms that I Price Discrimination propose and you accept." Price Gouging C. To mislead or seek to mislead a person by a false, bold front. D. A sharp increase in the price of a necessary good in the wake of an emergency which renders that good scarce. E. Biased differential in pricing based on peoples' willingness to pay. F. An activity producing entertainment or amusement; a pastime. QUESTION 32 Fill in the blank with the correct word choice: "Capitalists mostly with price gouging, using a utilitarian argument to the defend the practice by saying it brings motivated sellers to the market." O Agree O Disagree QUESTION 33 Which of the following reflect problems with Albert Carr's version of business "bluffing?" (Select all that apply.) A. Honesty provides a necessary basis for private morality, not for success in the "game" of business. On TL ..Question Completion Status: QUESTION 33 Which of the following reect problems with Albert Carr's version of business "bluffing?" (Select all that apply.) [3 A. Honesty provides a necessary basis for private morality, not for success in the "game" of business. [3 B. The poker analogy is perhaps not the best way to think about business decisions. [3 C. Dishonesty is all part of the \"rules of the game\" and should not be thought of as unethical. C] D.\"What happens in a business setting stays in a business setting." [3 E. The distinction between private ethical standards. orthose of society, and business practice is not so clear cut. [3 F. There may be a slippery slope from \"bluffing\" and \"subtle dishonesty" to largerscale cheating and fraud. QUESTION 34 How many of you all have had to take one of those \"prescreening" psychological tests as a part of yourjob application or consideration for employment? A utilitarian would not find anything inherently objectionable about psychological tests (so-called \"honesty" tests) if which of the following conditions was met? (Be sure to think like a utilitarian here!) Q A. If the decision to use these tests was made by the employee (the test-taker) only, with no coercion from management. O B. If the interests of all parties were taken into account and given equal consideration before such tests are made. O C. If testing is for employment, then it should be an exclusive right of employers. O D. If employers inform applicants of such tests and receive consent before scheduling to take them. QUESTION 35 Price discrimination is often considered morally objectionable because it takes advantage of consumers