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    Carol, an Acme Co. employee, regularly takes pens, paper, an

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    Carol, an Acme Co. employee, regularly takes pens, paper, and other office supplies from the Acme office supply cabinet and brings them home for her husband to use in his home office. Carol defends this action by saying that: "I don't get paid enough, and besides, no one will miss the supplies." This statement is an example of______________.

    1 circular reasoning
    2 false analogy
    3 deontology
    4 a non sequitur

    ____________ as an ethical theory requires a decision maker to maximize a business's long-run profits within the limits of the law.
    Answer
    1 rule utlitarianism
    2 act utlitiarianism
    3 profit maximization
    4 Kant's categorical imperative

    This tactic attacks the speaker, not his reasoning.
    Answer
    1 sunk cost fallacy
    2 argumentum ad hominem
    3 argumentum ad baculumd
    4 reduction ad absurdum

    Which of the following independent checks only blocks state laws and not federal laws?
    Answer
    1 Equal protection
    2 The First Amendment
    3 Federal preemption
    4 Due process

    Which of the following is generally subject to rational basis review?
    Answer
    1 Regulation of political speech that is challenged under the First Amendment.
    2 Regulation of commercial speech that is challenged under the First Amendment.
    3 Laws that discriminate on the basis of illegitimacy.
    4 Laws that regulate social and economic matters.

    The ________________________requires a public company to disclose whether it has adopted a code of ethics for senior financial officers, and to disclose any change In the code or waiver of the code's application.
    Answer
    1 categorical imperative
    2 Greatest Equal Liberty Principle
    3 Sarbanes-Oxley Act of 2002
    4 Difference Principle

    ___ requires a decision maker to maximize utility for society as a whole.
    Answer
    1 Justice Theory
    2 Rights Theory
    3 Utilitarianism
    4 Profit Maximization

    Business Law, Thirteenth Edition 2007

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    Answers to your homework study questions:

    Carol, an Acme Co. employee, regularly takes pens, paper, and other office supplies from the Acme office supply cabinet and brings them home for her husband to use in his home office. Carol defends this action by saying that: "I don't get paid enough, and besides, no one will miss the supplies." This statement is an example of______________.

    1 circular reasoning
    2 false analogy <-- correct. She is using inductive reasoning, which is based on a false conclusion, even though the premise is true. She may be underpaid, in her opinion, although it is apparent that her actions are a false conclusion, because ...

    Solution Summary

    Carol, an Acme Co. employee, regularly takes pens, paper, and other office supplies from the Acme office supply cabinet and brings them home for her husband to use in his home office. Carol defends this action by saying that: "I don't get paid enough, and besides, no one will miss the supplies." This statement is an example of______________.

    1 circular reasoning
    2 false analogy
    3 deontology
    4 a non sequitur

    ____________ as an ethical theory requires a decision maker to maximize a business's long-run profits within the limits of the law.
    Answer
    1 rule utlitarianism
    2 act utlitiarianism
    3 profit maximization
    4 Kant's categorical imperative

    This tactic attacks the speaker, not his reasoning.
    Answer
    1 sunk cost fallacy
    2 argumentum ad hominem
    3 argumentum ad baculumd
    4 reduction ad absurdum

    Which of the following independent checks only blocks state laws and not federal laws?
    Answer
    1 Equal protection
    2 The First Amendment
    3 Federal preemption
    4 Due process

    Which of the following is generally subject to rational basis review?
    Answer
    1 Regulation of political speech that is challenged under the First Amendment.
    2 Regulation of commercial speech that is challenged under the First Amendment.
    3 Laws that discriminate on the basis of illegitimacy.
    4 Laws that regulate social and economic matters.

    The ________________________requires a public company to disclose whether it has adopted a code of ethics for senior financial officers, and to disclose any change In the code or waiver of the code's application.
    Answer
    1 categorical imperative
    2 Greatest Equal Liberty Principle
    3 Sarbanes-Oxley Act of 2002
    4 Difference Principle

    ___ requires a decision maker to maximize utility for society as a whole.
    Answer
    1 Justice Theory
    2 Rights Theory
    3 Utilitarianism
    4 Profit Maximization

    Business Law, Thirteenth Edition 2007

    $2.19