Term
| The discipline called ethics is: |
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Definition
| Dealing with what is considered good and bad, moral duty an obligation and a study of value systems and moral choices |
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Term
| Major Influences that help shape a persons value system: |
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Definition
| family, peer, groups, educational system |
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Definition
| Can include school friends, athletic teams, organizations |
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Term
| Egoists believe people should act: |
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Definition
| Only in their own self-interest. |
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Term
| An unwritten agreement establishing certain standards of behavior and rights between members of society or between society and a government is called: |
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Definition
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Term
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Definition
| Individual freedom based on property rights and a minimal role for government |
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Term
| The theory that emphasizes the responsibility for a business to consider all the groups it affects, including employees, vendors, consumers, and community is called: |
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Definition
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Term
| Which of the following is a good question that needs to be asked in a business-making decision?: |
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Definition
| Is it profitable? is it legal? is it ethical? |
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Term
| A published ethical policy to guide company or organization personnel in making a decision is called: |
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Definition
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Term
| A group comprised of business firms formed to further their common interest is called: |
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Definition
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Term
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Definition
| A civil wrong & differs from a crime because its against an individual |
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Term
| An unintentional tort is normally referred to as: |
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Definition
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Term
| Fraud is the misrepresentation of material fact made with: |
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Definition
| Knowledge of the falsity, intent to deceive and induce justifiable malice, damages suffered |
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Term
| Fraud is the misrepresentation of material fact made with: |
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Definition
| Knowledge o the falsity, intent to deceive and induce justifiable malice, damages suffered. |
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Term
| The element of knowledge or guilty knowledge is referred to as: |
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Definition
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Term
| When a defrauded party wants the contract affirmed and damages imposed, it is referred to as a: |
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Definition
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Term
| Orally publicizing false and unprivileged information concerning criminal activity, diseases, or impotence is considered: |
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Definition
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Term
| The difference between assault and battery is: |
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Definition
| Assualt is when a person is in fear or a harmful act, a battery is actually committing the harmful act, both are crimes as well as torts. |
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Term
| A party will be found to be strictly liable in tort to an injured party: |
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Definition
| When they play a defective product into the chain of commerce |
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Term
| In California, a merchant (shopkeeper) or library employee may: |
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Definition
| Detain a person suspected of shoplifting or theft. |
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Term
| The amount of money needed to put a party back into the position occupied before damages were suffered is called: |
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Definition
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Term
| disparagement is concerned with monetary damages a businessperson suffers: |
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Definition
| An injurious falsehood to his or her business product. |
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Term
| the difference between disparagement and defamation is: |
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Definition
| The disparagement plaintiff must show the falsity of the statement with disparagement, the libel defendant must prove the truth of the statement in defamation |
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Term
| A slander o title is a false and unprivileged statement: |
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Definition
| That can be written or oral, about a title to a real or personal property causes actual monetary damages to the plaintiff |
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Term
| When the intentional disparagement is about the quality of another's property, its called: |
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Definition
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Term
| Which of the following is a defense in a disparagement lawsuit?: |
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Definition
| Truth, absolute privilege, qualified privilege |
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Term
| The common law right of privacy: |
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Definition
| Protects plaintiff name or likeness |
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Term
| The difference between the common law right of privacy and the statutorily granted right is: |
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Definition
| Statutorily, the plaintiff must prove the use was knowingly made. |
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Term
| The inducement to breach another's contract is: |
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Definition
| Considered interference with economic relations, only applied to valid contracts, dependent on the defendant intending to produce a breach of contract |
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Term
| Making a plaintiff's performance contract more expensive or burdensome, but not actually breaching a contract, is referred to as: |
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Definition
| Interference with contractual relations |
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Term
| Interference with a prospective economic advantage is: |
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Definition
| Causing harm to an economic relationship likely to produce economic benefit |
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