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Ch 3 Ethics

Authored by ERICA HORN

Business

8th - 9th Grade

10 Questions

Ch 3 Ethics
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A______ is a legally binding agreement between two or more people or business.

receipt

document

contract

report

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A(n)_________ is a proposal to provide a good or service.

offer

request

discussion

contract

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something of value promised in a contract is called_______.

goods

articles

fees

consideration

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________ means that a person is legally able to enter into a binding agreement.

competence

capacity

sound mind

qualifications

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A(n)__________is a contract to rent something.

agreement

license

hand shake

lease

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When one or more parties do not follow the agreed terms of a contract without having a legitimate reason a __________ occurs.

cancellation

breach of contract

damaged contract

broken agreement

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Principles that help define appropriate behavior in a business setting are __________-.

business ethics

business rules

company standards

laws

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