When product safety laws are tougher in a firm’s home country than in

QUESTION

When product safety laws are tougher in a firm’s home country than in a foreign country, the ethical thing to do is to adhere to home-country standards.

Indicate whether the statement is true or false.

 

ANSWER

TRUE
When product safety laws are tougher in a firm’s home country than in a foreign country or when liability laws are more lax, should a firm be doing business in that foreign country, the ethical thing to do is to adhere to home-country standards.

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