vu mgt610 Final Term - Quiz No.4
vu mgt610 Business Ethics Quiz
This quiz belongs to book/course code vu mgt610 Business Ethics of vu organization. We have 5 quizzes available related to the book/course Business Ethics. This quiz has a total of 10 multiple choice questions (MCQs) to prepare and belongs to topic Final Term. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.
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Question 1: The limited rights and correlative duties that arise when one person enters an agreement with another person is the definition of:
Contract
Justice
Special obligations
Legal rights
Question 2: In which country Locke’s property rights have been influential?
England
Germany
America
Greek
Question 3: Which of the following are components of free market systems?
Private property system
Voluntary exchange system
Both a & b
None of the above
Question 4: Which one is considered as primary economic institution?
Business Enterprises
Banks
Insurance companies
None of the above
Question 5: Which of the following choices does NOT describe a situation that is covered by the concept of rights?
The absence of prohibitions against an activity
The authorization to do something to secure one's interests
The necessity of doing something required by authority
The existence of prohibitions on others to enable individuals to pursue an activity
Question 6: Socialist view on distribution is best described as:
From each according to his ability, to each according to his needs
The benefits a person receives should be proportional to his contribution
From each they choose, to each as they are chosen
Always treat humanity as an end in itself rather than as a means
Question 7: Which of the following are the criteria for determining moral right and wrong?
Universalizability
Reversibility
Both a & b
None of the above
Question 8: Which one is the justice concern of blaming or punishing persons for doing wrong?
Distributive justice
Redistributive justice
Compensatory justice
None of the given
Question 10: In a command economy, all decisions are taken by the:
People
Government
Voters
Workers
