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For An Introduction to Business Ethics 7th Edition By Joseph DesJardins (All Chapters Original )
Chapter 1
Student name:__________
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) Ethics refers to the beliefs, values, and principles that guide a person's life and decisions.
⊚ true
⊚ false
2) Ethical behavior and an ethical reputation can provide a competitive advantage in the
marketplace and with customers, suppliers, and employees.
⊚ true
⊚ false
3) In a society that values individual freedom, everything that is legal is ethically right and
everything that is ethically wrong is illegal.
⊚ true
⊚ false
4) Unlike Generally Accepted Accounting Principles (GAAP) for accountants, there are no
principles, standards, concepts, or values common to business ethics.
⊚ true
⊚ false
5) The role of an ethics course should be to convey information to a passive audience, while
treating students as passive learners.
⊚ true
⊚ false
6) The unexamined life, according to Socrates, is not worth living.
⊚ true
⊚ false
7) Business ethics is concerned more with reasoning than answers.
⊚ true
⊚ false
8) If something is seriously wrong, the law will prohibit it. Consequently, it's enough to rely on
the law for deciding what's right or wrong.
⊚ true
⊚ false
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