Section A. Part 2: TRUE/ FALSE
Indicate whether the following statements are True or False. Answer all the questions in
the answer booklet provided. Indicate true or false next to the corresponding number(s)
QUESTION2
[2X10 = 20marks]
No. Questions
2.1 Ecocentrism emphasizes the moral importance of ecosystems and the natural
environment as wholes, rather than individual organisms.
2.2 Moral responsibility requires that one act freely and knowingly.
2.3 Contractual rights and duties are for the society as a whole.
2.4 The principle of increasing marginal cost means that after a certain point, each
additional item a seller produces costs more to produce than earlier items.
2.5 One of the basic elements of discrimination in the workplace is that a decision made
must have a harmful impact on the interest of employees.
2.6 Strict liability is a legal doctrine that holds that manufacturers must bear the
"external" costs of injuries resulting from unavoidable defects in the design of an
artifact constitute part of the costs society must pay for.
2.7 Studies have shown that ethical companies are more profitable that unethical ones.
2.8 Isolated discrimination is intentional or unintentional discrimination due to isolated
individual acts.
2.9 Insider trading, the act of buying or selling company stock on the basis of
confidential or proprietary information, is illegal and unethical.
2.10 The tragedy of the commons describes a situation where shared resources are
overused and depleted because individuals act in their own self-interest.
Total
[20marks]
4