Name the type of contract involved in the following instance: John pays R1 500 pm to Old Mutual for in case his house is broken into and items are stolen.
Insurance contract
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15
The ____________ window is a tool that can be used to help someone understand him/herself better by using a matrix to record self-knowledge vs. what other people know.
Johari
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10
Was the Batho Pele framework developed to ensure professionalism and ethical behaviour in the Private or Public Sector?
Public Sector
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25
Explain the utilitarian theory of ethics.
If the outcome of your action benefits the majority, it is justifiable.
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eraser
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fairy
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rocket
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baam
Lose 20 points!
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25
Name 3 ways in which a professional person acts.
Answers will vary.
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20
When someone is offered a reward to give a third party an unfair advantage to which he/she/the business is not entitled - what is this called?
A bribe
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5
True or false: An unethical action is always illegal.
False
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10
True or False: People change the ethical theory that they adhere to according to the circumstances they are faced with.
True
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20
When someone trades shares on the JSE based on knowledge that is confidential - what is this called?
Insider trading
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25
What is a contract?
A written document or verbal agreement that is legally binding between two or more parties.
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seesaw
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seesaw
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gift
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thief
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25
What is a Lease Agreement?
A lessee uses the goods of the lessor for an agreed upon amount but never becomes the owner of the goods.
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baam
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shark
Other team loses 20 points!
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rocket
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thief
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heart
Other team wins 15 points!
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star
Double points!
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rocket
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thief
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10
Which one of the following is unethical and illegal: Tax avoidance or Tax evasion