The answer is true. A monopoly is where a company, a group
or individual has the power of controlling or possessing supply or trade while
patent is where the government provides authority or license. If the monopoly
is considered to be bad, the patent will also be bad as it is associated with a
particular thing that has a purpose of doing bad since a patent is the
agreement, the patent is likely to allow the monopoly do something that is bad
or illegal as monopoly has the purpose of doing something bad.
Answer:
D. Separation of Duties
Explanation:
Separation of duties also know as segregation of duties refuses that one person he responsible of acquisition of assets, their custody and related record keeping. The process in which Karen is using to prevent fund by separating individuals who as the authority to issue checks is known as separation of duties. It is a form of internal control aimed at reducing risk of errors and frauds.
Answer:
A) the law does not codify all ethical requirements.
Explanation:
Laws are meant to be generally and applicable to all individuals or organizations. It is absolutely impossible that laws could be made specifically for every single person, business, organization, and that it covers all their possible actions.
Imagine that there are over 32.5 million businesses in the US, that means that 32.5 million laws should be made. How many more laws regarding specific circumstances should there be?
Each company should try to have their own business ethics code, which should be followed specially by the upper management. It is a form of self-regulation, but it will all depend on the company to follow it.
D. Interest paid on the mortgage of your home is tax deductible
