Business Ethics Case Studies And Selected Readings 8th Edition By Marianne – Test Bank

UNIT NINE – ETHICS AND COMPETITION

True/False Questions

F 1. The large, inflatable beer bottles have disappeared from spring break destinations.

F 2. Subprime mortgages are now illegal.

F 3. A landlord cannot be held vicariously liable for the infringing sales of a tenant.

F 4. Gray market goods are not a form of infringement.

T 5. Some countries make it a crime to buy and use a knock-off product.

T 6. Slotting fees are the fees paid for a shelf position or distribution access.

F 7. Slotting fees are illegal.

F 8. Slotting fees are always disclosed.

T 9. In some grocery chains, slotting fees are the net profits.

F 10. Hiring an employee from a competitor firm who has brought with her proprietary information is ethical so long as the employee has not breached an employment contract with that competitor.

F 11. Leaking proprietary information to the media is not an ethical breach.

F 12. Taking information from a confidential file accidentally left on your desk is not unethical.

T 13. Ethical advertising requires an examination of unintended impact and effects of ad content.

T 14. It is unethical to introduce a product with deceptively similar packaging to that of a major competitor.

T 15. The failure to disclose relevant information about a product or service is unethical.

F 16. If I discovered that I unintentionally violated a federal environmental regulation, I should just wait and see if anything happens before taking any action.

F 17. If you are fired from your job, you can use any information you gained while employed to help your next employer.

T 18. The types of ads a newspaper and TV network accept have social responsibility issues.

T 19. Prescription drug ads carry the additional issues of safety of the users.

T 20. Alcohol ads carry the additional issues of safety for the users.

T 21. Copyright owners have the exclusive rights to control use of the copyrighted material.

F 22. Copyright owners cannot control the use of copyrighted materials by charities.

T 23. The use of patented or copyrighted materials without permission entitled the owner to royalties for use.

T 24. Competitors cannot agree on prices for their products without violating the law.

T 25. Price-fixing is a violation of federal law.

F 26. Only those who actually made the agreements to fix prices are liable under the criminal law.

T 27. Slotting is the collection of fees by grocery retailers from wholesalers and manufacturers.

T 28. Slotting fees can lead to under-the-table payments to individuals.

T 29. Slotting fees are legal.

F 30. Jonathan Lebed has been shunned because of his youthful stock trading.

T 31. Pump and dump is a means of taking unfair advantage.

T 32. Pump and dump can be done by analysts or in chat rooms.

F 33. Television commentators who recommend stocks have no conflict if they own the stock.

T 34. Hilton was under intense financial pressure at the time it hired former Starwood employees.

T 35. Hilton’s legal counsel turned over the Starwood documents that were discovered in Hilton’s files.