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gayaneshka [121]
3 years ago
6

The simple situation in which two parties come together and freely agree to an exchange is ethically legitimate only prima facie

because:_______
a. investigation proves that a simple exchange does not involve unethical situations.
b. a simple exchange involves the consent of both parties involved, which leaves no room for unethical acts.
c. certain conditions must be met before it can be concluded that autonomy has been respected and mutual benefit has been achieved.
d. exchange occurs on mutual consent and for mutual benefit, parties get involved in an exchange only if they see their benefit.
Business
1 answer:
Kipish [7]3 years ago
5 0

Answer: The correct answer is "c. certain conditions must be met before it can be concluded that autonomy has been respected and mutual benefit has been achieved.".

Explanation: The simple situation in which two parties come together and freely agree to an exchange is ethically legitimate only prima facie because certain conditions must be met before it can be concluded that autonomy has been respected and mutual benefit has been achieved.

This means that only at first this simple situation is ethically legitimate, because for that to be so, other conditions must be met that really determine that the autonomy of the will has been respected and that each one acts seeking their benefit, therefore , that there is mutual benefit.

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b) Assuming that the common stock is no-par with a stated value of $3 per share

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<h3>What is the difference between par value and stated value?</h3>

There is <u>no major difference</u> between the par value and the stated value of the common stock, except as follows.

While the stated value is assigned when there is no par value for accounting purposes, the par value is assigned when the shares are authorized for issuance.

The two function as the face value of the shares which can be compared to the market value to discover if there is additional paid-in capital or not.

<h3>Data and Calculations:</h3>

a) Jan. 10 Cash $104,000 Common Stock $104,000

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b) Jan. 10 Cash $104,000 Common Stock $78,000 Additional Paid-in Capital $26,000

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Answer:

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