Practice Quiz

Paralegal Exam Prep - Question List

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211. Which of the following are examples of countertrade?
  1. Counter purchase
  2. Buyback
  3. Barter
  4. All of the above.
  5. A and C only.
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212. Utilitarianism is the premise that states that people must choose the action that provides the:
  1. Least harm to society.
  2. Least harm to oneself.
  3. Greatest good to society.
  4. Greatest good to both self and others.
  5. Greatest good to oneself.
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213. Under which theory of social responsibility would corporations, for example, have a duty to subsidize schools and help educate children?
  1. Fundamentalism
  2. Pragmatism
  3. Relativism
  4. Utilitarianism
  5. Corporate citizenship
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214. Which theory of social responsibility contends that a corporation’s duty is to make profits while avoiding harm to others?
  1. Moral minimum
  2. Corporate citizenship
  3. Social responsibility
  4. Utilitarianism
  5. None of the above
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215. The stockholder theory of corporate social responsibility asserts that:
  1. A corporation’s duty is to make profits while avoiding harm to others.
  2. A corporation must act in the best interest of society.
  3. A corporation must place social responsibility above profit.
  4. A corporation must strive to both increase profit and be socially responsible.
  5. A corporation's only duty is to increase profits.
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