PHI 208 Week 3 Reading Quiz (Variant 8)

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PHI 208 Week 3 Reading Quiz (Variant 8)

1. DeGeorge explains that whistleblowing moves from being morally permissible to mandatory when:

2. The economic argument that Freeman presents the view that Adam Smith’s “invisible hand” doctrine does not take into account externalities, moral hazards, and monopoly power. Since there are no incentives to incur in costs of internalizing the negative effects of a corporation’s production and marketing operations, then this means that:

3. What is the argument by Ronald Duska, which Robert Larmer presents?

4. How does Milton Friedman present the common understanding of socially responsible acts on the part of business?

5. Harm may be understood as:

6. Milton Friedman argues that persons may choose to undertake social responsibilities to their communities, churches, or nations, and devote their own incomes to causes that they deem morally worthy. But, he adds, if corporate executives attempt to take such social responsibilities or to direct the corporation’s profits to such personal causes, without approval from the shareholders, then:

7. How can we best understand Milton Friedman’s objection that only persons, not businesses (i.e., corporations), have responsibilities?

8. How are employees negatively affected?

9. A perfect duty:

10. It is unfair to criticize the profit-making purpose of business because:

11. According to Kant, a maxim is:

12. Edward Freeman article does not criticize capitalism nor does it seek its demise. Rather, it argues that managers (what Milton Friedman calls corporate executives) do not merely have a fiduciary duty to stockholders but also to:

13. Kant claims that a good will is:

14. According to DeGeorge, whistleblowing is morally permissible when the following condition(s) is/are met:

15. The legal argument that Freeman presents can be summed up like this: caveat emptor has been replaced with caveat venditor. This means that: