Question

8. In making business decisions, corporations should strive to be “good citizens” by evaluating ________________.

the legal and ethical impact of each business decision

the public relations impact of each business decision

the safety risks for consumers and employees of each business decision

all are correct

none are correct

9. The court in the case found the award of punitive damages was proper in light of Ford's actions.

True

False

10. In the video, Milton Friedman stated: "The government has the right to provide courts of law in which corporations that deliberately conceal material that is relevant [to a consumer] to be sued for fraud to pay heavy expenses and that is a desirable part of the market. . . . People should be free to decide how much they are willing to pay to reduce the chances of their death."

True

False

Answer 1

Answer:

Question 8]

In making business decisions, corporations should strive to be “good citizens” by evaluating

D] all are correct

Explanation:

In making business decisions, corporations should strive to be “good citizens” by evaluating the legal and ethical impact of each business decision, the public relations impact of each business decision, the safety risks for consumers and employees of each business decision.

Question 9]

The court in the case found the award of punitive damages was proper in light of Ford's actions.

• True

Explanation:

This are the damages that a court may order a defendant to pay if the defendant behaviour was reckless. So the court in the case found the award of punitive damages was proper in light of Ford's actions.

Question 10]

In the video, Milton Friedman stated: "The government has the right to provide courts of law in which corporations that deliberately conceal material that is relevant [to a consumer] to be sued for fraud to pay heavy expenses and that is a desirable part of the market. . . . People should be free to decide how much they are willing to pay to reduce the chances of their death."

- True

Explanation:

The real fundamental principle is that people individually should be free to decide how much they’re willing to pay for reducing the chances of their death.