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olga_2 [115]
3 years ago
8

Marshall owns and operates a construction firm. He uses inexpensive and low-grade building products and accepts inferior carpent

ry work from his subcontractors. Nevertheless, Marshall complies with all the city building codes as well as all state and federal laws. Has he fulfilled all of his ethical obligations?
a. No, because ethics is too hard to define.
b. Yes, because legal standards are stricter than ethical standards.
c. Yes, because ethical obligations require only legal behavior.
d. No, because legal compliance is regarded as the moral minimum.
Business
1 answer:
Kitty [74]3 years ago
3 0

Answer:

The correct option is (d)

Explanation:

Ethics is considered above law as law requires just compliance of laws, rules and regulations. Ethics on the other hand establishes a standard of moral conduct. Being mere legal does not mean that something is ethical. Ethical responsibilities are not codified as it is expected from businesses to follow the same.

Here, Marshall, though complied with legal frameworks, he failed to fulfill his ethical obligations by using low-grade products that could harm the general public in future.

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bearhunter [10]
<span>      Public disclosure requirements protect consumers by keeping public companies honest in how they run their business and represent themselves to the public.</span>
6 0
3 years ago
Your blood pressure is 68/38 and you fainted after donating a unit of blood. You are likely experiencing low preload from loss o
Kryger [21]

The mean amount of venous return to the heart.

Heart:

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Learn more about heart brainly.com/question/75085

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8 0
1 year ago
Suppose the equilibrium price of textbooks is $40 a textbook. At that price, quantity of textbooks demanded and supplied is 20,0
Allisa [31]

Answer:

elasticity of demand is 2.16. Consumers pay a smaller portion of the tax

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Elasticity of demand = percentage change in quantity demanded / percentage change in price

(2/19)(2/41) = 2.16

When the coefficient of elasticity is greater than 1, demand is elastic.

Elastic demand means that a small change in price leads to a greater change in quantity demanded.

Because demand is elastic, more of the burden of the tax falls on producers and consumers pay a small portion of the tax.

I hope my answer helps you

8 0
3 years ago
If demand is inelastic, a drought around the world would ___the total revenue that farmers receive from the sale of grain.
Elena L [17]

Answer:

Raises ;

C. A drought in Kansas is not significant enough to affect the worldwide price of grain.

Explanation:

Drought is a situation where there is shortage of water due to prolong absence of rainfall.

This is because, when Kansas has a drought, purchasers or buyers can substitute  wheat from other places for Kansas wheat.

But, when the whole world has a drought, purchasers or buyers have no other suppliers of wheat to substitute.  This means that, no area will have wheat so that the buyers can buy, because every area will be affected by the drought.

In this case,the demand for wheat is inelastic in the short run.

7 0
3 years ago
Read 2 more answers
A bond with a coupon rate of 5.16 percent and semiannual coupon payments matures in 12 years. The YTM is 6.37 percent. What is t
Karo-lina-s [1.5K]

Answer:

6.47%

Explanation:

The computation of effective annual yield is shown below:-

Annual YTM = 6.37%

Semiannual YTM = 6.37% ÷ 2

= 3.185%

Effective Annual Yield = (1 + Semiannual YTM)^2 - 1

= (1 + 0.03185)^2 - 1

= 1.03185^2 - 1

= 1.0647 - 1

= 0.0647

or

= 6.47%

Hence, the effective annual yield is 6.47% i.e come after applying the above formula

7 0
3 years ago
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