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End of Preview - Want to read all 5 pages? Access Now Unformatted Attachment Preview QUIZ TWO: PHI 2397 - BUSINESS ETHICS Part I – Please circle the most appropriate answer (1 mark each). 1. According to John R. Boatright, despite the fact that financial decision-making is typically limited to the financial factors of risk and return over time, ethics much consider what? a) The fact that financial activity takes place primarily in an economic setting b) How the money makes it back to the investor as quickly as is fair to the company c) The ethical treatment of the consumers only d) The ethical treatment of everyone affected by a decision is ar stu ed d vi y re aC s o ou urc rs e eH w er as o. co m e) Both b and c 2. Boatright claims that the selling of financial products is especially susceptible to unethical practices of ___________ and _____________. a) bragging / gloating b) twisting / suckering c) twisting / flipping d) exaggerating / flipping e) shareholders / corporate executives According to Boatright, the main aim of federal securities laws is expressed by the phrase fair and orderly markets. John R. Boatright gives an overview of the moral problems and duties of persons working in finance services and other aspects of finance markets. Th 3. Niall Ferguson says that the financial crisis of 2008 happened because: a) American companies were not creating new products. sh b) Productivity had decreased. c) There were too many defaults on subprime mortgages. d) People lost trust in the capitalist system. e) The government took over some financi ... Purchase document to see full attachment
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