Chris Quiz #4

Which of the following is NOT an example of a liability?

• Cash

• Equipment loans

• Rental fees

The presentation recommends updating and modifying your budget how often?

• Annually or quarterly

• Monthly or weekly

Net worth = assets-liabilities

• True

• False

Which of the following is defined as conduct based on or established by society to maintain order and protect people and property from harm.

• Legal behavior

• Moral behavior

• Ethical behavior

A lawyer believes his client is guilty but remains professional and represents his client. What type of behavior is this?

• Legal

• Moral

• Ethical

Question about Anna…

• Moral behavior

• Ethical behavior

Choosing between a moral and immoral act is an ethical dilemma.

• True

• False

A business that tries to protect the environment is an example of a-

• Sustainable business

• Practical business

Steve lives in a neighborhood by a wastewater company that directly affects his water. This makes Steve a-

• Customer

• Employee

• Stakeholder

• Shareholder

Which of the following is the first step in the ethical decision making process?

• Identify the ethical problem

• List possible solutions