1. How do we develop our ethics? What are the primary sources for us to develop our ethical position? (Minimum words: 80 - maximum words: 150) 2. Sometimes capitalism is defended based on the idea that we have a natural right to property. How might this defense be criticized? (Minimum words: 80 - maximum words: 150) 3. How do we know when whistle-blowing is morally right or wrong? Justify your answer. (Minimum words: 80-maximum words: 150) This section contains ten (10) true or false items. Read each item carefully. Then denote whether the item is true or false by choosing TRUE or FALSE in the space provided in the testing link. If the answer is False, then explain why it is. 1. If your conduct is legal, it will also be moral. a. True b. False 2. Ethical relativism is the theory that what is right is determined by what a culture or society says is right. a. True b. False 3. The paradox of hedonism (or the paradox of selfishness) is that people who are exclusively concerned with their own interests tend to have happier and more satisfying lives than those who are concerned about other people. a. True b. False 4. "Limited liability" means that members of a corporation are financially liable for corporate debts only up to the extent of their investments. a. True b. False 5. Regulation is always the most effective way to allocate the costs of environmental protection. a. True b. False 6. One of the attitudes prevalent in business that has led to increased environmental problems is the tendency to view the natural world as a free and unlimited good. a. True b. False 7. A job description describes the qualifications an employee needs, such as skills, educational experience, appearance, and physical attributes. a. True b. False 8. When faced with a moral decision, employees should follow the two-step procedure of identifying the relevant obligations, ideals, and effects; and then decide where the emphasis should lie among these considerations. a. True b. False Page 5 of 7 9. Utilitarians don't reject the idea of a natural right to property. a. True b. False 10. Nonconsequentialist theories of ethics never consider the consequences of an action or rule when making a moral judgment. a. True b. False