Required fields are marked with an asterisk $({?}^{**}).$

Which of the following best describes a business code of ethics?

$($a$)$ Laws establishing illegal actions

$($b$)$ Standards or values defining professional conduct

$($c$)$ Penalties imposed for unprofessional behavior

$($d$)$ Minimum standards for acceptable behavior

Which term came into common usage in the $1970$ s$?$

$($a$)$ Code of Hammurabi

$($b$)$ Chivalric code

$($c$)$ Business ethics

$($d$)$ Justinian code

To help create a stronger public image and build trust in the community, many companies are actively engaged in corporate social responsibility projects. Which of the following is an example of such a project?

$($a$)$ A company dinner hosted for employees

$($b$)$ A company picnic for employees and families

$($c$)$ A company policy encouraging its employees to volunteer in the local community

$($d$)$ A company hosting an annual shareholder meeting

Companies often have various types of codes that are intended to regulate behavior. What is the typical use for a code of conduct?

$($a$)$ Adopted by a professional or governmental agency to help regulate its operations

$($b$)$ Used by organizations to deal with internal issues in the organization such as dispute resolution and communication

$($c$)$ Set out corporate values in order to describe obligations to the stakeholders

$($d$)$ Addressed specifically to employees to set out restrictions on behavior in the course of business and to emphasize compliance with rules

All of the following actions would be considered as unethical behavior, EXCEPT:

$($a$)$ Spending time with co$-$workers after work

$($b$)$ Taking credit for work you did not perform

$($c$)$ Keeping two sets of accounting books

$($d$)$ Dating clients or patients