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Legal Considerations When Making Business Decisions

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Toby needs to hire a new mechanic. His friend Buddy is an excellent mechanic, but the candidate who dropped his application off earlier in the day has more training. Is Toby behaving in a discriminatory manner if he hires the candidate who stopped by?

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1. Jane wants to promote her new line of cookies as gluten-free. Although the product has not been tested as industry regulations require, she believes she knows the ingredients well enough to know that the cookies do not contain gluten. Is Jane acting unethically or illegally?

2. What it is called when two or more companies get together to fix prices?

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About This Quiz & Worksheet

Using this quiz and worksheet combo, you can quickly assess your knowledge of the types of decisions businesses have to make on a daily basis.

Quiz & Worksheet Goals

In these assessments, you get the chance to review:

  • Discriminatory actions in the workforce
  • Unethical decisions in business
  • Legal decisions made by businesses
  • When two companies get together and fix prices

Skills Practiced

Both of these tools can help you test out the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on decisions made by businesses
  • Information recall - access the knowledge you have gained regarding the legal decisions made by businesses
  • Knowledge application - use your knowledge to answer questions about the unethical decisions made by businesses today

Additional Learning

If you want to discover more information about decisions made by businesses, check out the lesson called Legal Considerations When Making Business Decisions. This lesson covers the following objectives:

  • Compare and contrast legal and ethical decisions
  • Differentiate collusion and competition
  • Examine the negatives of taking a bribe
  • Understand the importance of code of ethics
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