The participant is LSD. Without that, the column affirms, there'd be no Grateful Dead, Carlos Santana, Jimi Hendrix, Doors, Beatles, or Pink Floyd. At least not as we now know them. The article covers a lot of ground, but the basic point is that taking the illegal drug LSD helped these guys become great musicians. In the comments section, many people responded.

1. ATL_420 writes, "I don't know about y'all, but I have recorded music while tripping on acid. I was the most talented I have ever been on guitar during those hours."

Assume you are the manager of ATL_420's band. Convince yourself that you have an ethical duty to make sure he's got all the LSD he needs when he's in the recording studio. Make the case, in other words, that you should be an enabler.

2. Strat_Monkey says, "I'm going to go with what I've heard from several drug-using musicians which is basically: Yes, Drugs CAN open your mind and allow you to make better music, BUT if you take too many you will f*ck yourself up good and proper. Moderation is the key here."

How would someone who subscribes to a utilitarian ethics (the greatest good for the greatest number should be sought) define the term moderation?

What kinds of fears would this ethicist have about allowing Strat_Monkey to use LSD?

3. Ramco addresses this to the article's author:

"If this article causes even one person to try LSD then you are a monster."

"LSD is a fungus that degenerates the brain stem, and continues to remain in the brain for years, causing "acid flashbacks" at unexpected and inopportune times. With the exception of heroin, LSD has the worst long-term effects of any drug."

"Also, LSD has given us some of the WORST music ever. There are plenty of drug-inspired songs that only appeal to those on drugs."

"I am disappointed in UG for approving this article which is nothing but an advertisement for LSD, which is not only dangerous but also illegal."

Assume that both sides of this argument have some hold on the truth. In some cases LSD really did help musicians produce excellent music, but the effects of LSD use are also extremely harmful.

How do you decide where to draw the line?

How much social harm are you willing to tolerate for some good music?

Justify.

4. One way for music company executives to manage the fact that some of their acts use a lot of drugs is with complicity?that is, adopting a kind of "don't ask, don't tell" policy. Even though drug use wouldn't be encouraged, it wouldn't be tested for either.

What are some of the ethical advantages to this approach?

What are some of the disadvantages?

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Questions 25 thru 20 refer to Theresa Kearney Corporation whose Income Statement showed Net Income [for book purposes] Before Taxes of $20,000. The tax rate is 25%. [Consider each question as a stand-alone scenario] 25] 25] 27] 29] If Depreciation Expense for tax purposes is $4,000 higher than what was used for book purposes, the entry to record taxes is : A] Income Tax Expense...4,000 Income Tax Payable......4,000 B] Income Tax Expense ..... 4,000 Deferred Tax Asset.......1,000 Income Tax Payable ...... 5,000 C] Di Income Tax Expense ..... 5,000 Income Tax Payable.........5,000 Income Tax Expense ..... 5,000 Deferred Tax Liability.......1,000 Income Tax Payable.........4,000 If book Revenues [correctly] excluded $4,000 of cash collected related to ng year, the entry to record taxes is: Revenue that will be earned in a followi A] Income Tax Expense...5,000 Income Tax Payable......5,000 0] Income Tax Expense ..... 5,000 Income Tax Payable.........6,000 B] Income Tax Expense ..... 5,000 Deferred Tax Asset.......1,000 Income Tax Payable ...... B, 000 Di Income Tax Expense ..... 5,000 Deferred Tax Liability.......2,000 Income Tax Payable.........4,000 If book Revenues included 84,000 that will not be taxable until a following year, the entry to record taxes is: A] Income Tax Expense...4,000 Income Tax Payable ..... 4,000 0] Income Tax Expense ..... 5,000 Income Tax Payable.........5,000 B] Income Tax Expense....4,000 Deferred Tax Asset......1,000 Income Tax Payable ...... 5,000 D] Income Tax Expense ..... 5,000 Deferred Tax Liability.......1,000 Income Tax Payable.........4,000 If the Expenses include 54,000 of items that are permanently deductible for tax purposes, the entry to record taxes Is : A] Income Tax Expense...4,000 0] Income Tax Expense ..... 5,000 Income Tax Payable ..... 4,000 Income Tax Payable.........5,000 B] Income Tax Expense....4,000 D] Income Tax Expense ..... 5,000 Deferred Tax Asset......1,000 Income Tax Payable ...... 5,000 Deferred Tax Liability ..... 1,000 Income Tax Payable.........4,000 Question 3 Some researchers who utilise Legitimacy Theory posit that organisations will attempt to operate within the terms of their 'social contract". What is a social contract? Question 4 In 2006 the Australian Government established an inquiry into corporate social responsibilities with the aim of deciding whether the Corporations Act should be amended so as to specifically include particular social and environmental responsibilities within the Act. At the completion of the inquiry it was decided that no specific regulations would be added to the legislation, and that instead, 'market forces' would be relied upon to encourage companies to do the 'right thing' (that is, the view was expressed that if companies did not look after the environment, or did not act in a socially responsible manner, then people would not want to consume the organisations' products, and people would not want to invest in the organisation, work for them, and so forth. Because companies were aware of such market forces they would do the 'right thing' even in the absence of legislation). You are required to explain the decision of the government that no specific regulation be introduced from the perspective of: 1. Public Interest Theory 2. Capture Theory 3. Economic Interest Group Theory of regulation.Question 29 (2 points) In a progressive tax system, the marginal tax rate increase as income increases but the average tax rate does not change as income increases. the marginal tax rate and the average tax rate are the same for every income level and the same as income increases. D the marginal tax rate and the average tax rate decrease as income levels Increase and the marginal tax rate is less than the average tax rate. O the marginal tax rate and the average tax rate increase as income levels increase and the marginal tax rate exceeds the average tax rate. Question 30 (2 points) Social Security taxes are paid by (both employers and employees. neither employers nor employees. Oemployers only. Oemployees only. Question 31 (2 points) State and local governments receive most of their revenue from individual income taxes, social insurance contributions, and property taxes. property taxes, sales and excise taxes, and Social Security contribution. corporate income taxes, property taxes, and personal income taxes. sales and excise taxes, revenue from the federal government, and property taxes. Question 32 (2 points) Current concern about Social Security is that () the fund is growing too rapidly and would trigger inflation. D)the government is planning to phase out the program. the fund might be depleted before long and might not be there for workers who retire later. () none of the above