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Which of the following is true about modern business corporations? Answer The cu

ID: 438212 • Letter: W

Question

Which of the following is true about modern business corporations?
Answer

The current societal expectation is that a corporation should just make money legally and not worry about the local community or society or ethics.

Since the corporation is not a real person it can never be judged from an ethical point of view.

The corporate vice-president of ethics has the power to veto what he or she considers as immoral corporate actions, but the veto according to the SEC can be overridden by a two-thirds vote of the board of directors.

None of the above.

Explanation / Answer

none of the above


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