BA4 Exam Dumps : Fundamentals of Ethics, Corporate Governance and Business Law

A rules-based approach requires that a company complies with the rules or explains why it has not.

A rules-based approach instils the code into law but leaves the sanctions for non-compliance to be decided and enforced by the shareholders.

A rules-based approach instils the code into law but encourages compliance with the spirit of the law.

A rules-based approach instils the code into law with appropriate penalties for transgression.

(i) only

(i) and (ii) only

(i) and (iii) only

(i), (ii) and (iii)

To prevent this type of unethical behavior by making it illegal

To punish individuals for adhering to codes of ethics

To encourage companies to make their own decisions about ethical matters

To enforce minimum standards of behavior