Money Ethics

What would you do for money?


1. Imagine there is a local health club you like a lot. You have been going there for years when you discover that the health club’s owner contributes a lot of money to a political or social cause with which you strongly disagree.

   Stop going to the health club
   Continue to go there


2. Your bank has made a $2,000 error in your favor that is unlikely to ever be detected. Would you most likely:

   Report the mistake
   Keep the money


3. When it comes to investing in the stock market, have you ever decided to not buy the stock of a specific company because you disapproved of a product it made or of the business it is in?

   Yes
   No


4. About how frequently would you say you have said nothing when the clerk in a store made an error in your favor:

   Frequently
   Occasionally
   Once or twice
   Never


5. About how frequently would you say you have refused to leave a tip for a waiter who gave you bad service:

   Frequently
   Occasionally
   Once or twice
   Never


6. About how frequently would you say you have after watching a movie at a multiplex, walked into a second movie without buying a ticket.

   Frequently
   Occasionally
   Once or twice
   Never


7. About how frequently would you say you have told a white lie or exaggerated the extent of a problem in order to get better treatment or more attention from customer service:

   Frequently
   Occasionally
   Once or twice
   Never


8. About how frequently would you say you have, once you were done using something (a tool, clothes or jewelry, for example), returned it to the store where you bought it and got your money back.

   Frequently
   Occasionally
   Once or twice
   Never


9. Imagine that a good friend lends you $1,200, and you promise to repay him on June 1st. The date arrives, but with your summer vacation coming up, you would prefer to postpone repaying him for a least a few more months. What would you be most likely to do?

   Repay the loan on the agreed upon date
   Repay a portion of the loan on the agreed upon date and the rest later.
   Ask your friend for more time
   Tell your friend you can't repay him yet
   What you would do would depend on how much you thought your friend needed the money


10. Imagine that you’ve borrowed a neighbor’s power mower – something you frequently do, and he doesn’t seem to mind. While you’re mowing your lawn, it dies on you. What would you be most likely to do?

   Offer to pay to have it repaired
   Offer to split the cost of repairing it with your neighbor
   Offer to pay at least something
   Return it to him as is - after all, it's not a new lawn mower


11. Imagine you’re having dinner with an old friend. You make a good living, but your friend makes considerably more than you do. When the check arrives, what do you think your friend should do?

   Pick up the check
   Pay more than his or her share of the check
   Split the check


12. Imagine that you are an only child. Your mother, who is a widow, is 75 years old. She has a good bit of money, and recently she has been giving a lot of it to charity. You make a decent living, but you are upset because you and your family have always expected to inherit most of your mother’s money. Would you say that what your mother’s doing is:

   Strictly her business - it's her money and she can do whatever she wants with it
   Somewhat unfair to you and your family
   Very unfair to you and your family


13. Imagine that ten years ago your elderly mother gave you a very generous amount of money, enough to enable you to buy a house. In return, you promised that you would do whatever it took to make sure that she remained in her own home for the rest of her life. Now, ten years later, your mother is getting frail, and keeping her in her home has become difficult and time-consuming for you, not to mention costly for her. You want to move your mother into an assisted-living facility, but she wants to stay right where she is.

   Definitely wrong
   Probably wrong
   Probably not wrong
   Definitely not wrong


14. You should never lend money to a relative:

   Strongly agree
   Somewhat agree
   Somewhat disagree
   Strongly disagree


15. You should never charge interest on a loan to a relative:

   Strongly agree
   Somewhat agree
   Somewhat disagree
   Strongly disagree


16. There is never a reason good enough to leave any of your children out of your will:

   Strongly agree
   Somewhat agree
   Somewhat disagree
   Strongly disagree


17. You should never give a large gift of money to one of your children unless you give the same amount to all of the others:

   Strongly agree
   Somewhat agree
   Somewhat disagree
   Strongly disagree


18. When a family goes to divvy up the belongings of a relative who’s died, there’s always one person who tries to get more than his or her share:

   Strongly agree
   Somewhat agree
   Somewhat disagree
   Strongly disagree


19. It’s not fair to attach a “string” to a gift of money – you should either give the money without any conditions or not give it at all:

   Strongly agree
   Somewhat agree
   Somewhat disagree
   Strongly disagree


20. You should never let your relatives know how much money you have:

   Strongly agree
   Somewhat agree
   Somewhat disagree
   Strongly disagree


21. What is the largest amount of money you have ever lent a friend or relative?

   $0
   $1 - $100
   $101 - $500
   $501 - $1,000
   $1,001 - $5,000
   $5,001 - $10,000
   $10,001 - $19,999
   $20,000 or more


22. Did the person to whom you lent the money repay you?

   Yes, all of it
   Yes, some of it
   No. But the loan is not due yet, and I expect it to be repaid
   No. The loan is not due yet, but I doubt it will be repaid
   No


23. If one or both of your parents are alive, do you know what it says in their will?

   Yes, I've read it
   Yes, one or both of my parents have told me what it says
   Yes, someone has told me what it says
   Yes, one or both of my parents and someone else have told me what it says
   No
   As far as I know, they don't have a will
   My mother and father are no longer living


24. Have you ever been treated unfairly in anyone’s will?

   Yes, by one or both of my parents
   Yes, by somebody else
   Yes, by one or both of my parents and by somebody else
   No


25. Imagine your boss shows you the resumes of some people who will be interviewing for an important job where you work. One of the applicants is someone you knew in college. His resume states that he was president of the student body, something you know to be completely untrue. What would you be most likely to do?

   Immediately report the misrepresentation to your boss
   Contact the job applicant and tell him to correct his resume
   Wait until after the interview and then report the misrepresentation to your boss
   Report the misrepresentation only if the person is hired
   Do nothing


26. A fellow employee at the large company where you work is routinely taking items such as pens, writing tablets and Post-It pads home for their family. Would you most likely:

   Say nothing because you see nothing wrong in what they're doing
   Say nothing even though you think what they're doing is wrong
   Ask the person to stop yourself
   Report the person


27. Please indicate whether you have ever taken home from your place of employment any of the following items and kept them for your personal use: Inexpensive supplies such as pens, writing tablets or Post-It pads

   Never
   Once or twice
   Occasionally
   Frequently
   Never worked where there were things like this


28. Please indicate whether you have ever taken home from your place of employment any of the following items and kept them for your personal use: Moderately expensive supplies or tools such as printer cartridges, power tools or cellphone or laptop batteries

   Never
   Once or twice
   Occasionally
   Frequently


29. Please indicate whether you have ever taken home from your place of employment any of the following items and kept them for your personal use: Expensive equipment such as a computer or printer

   Never
   Once or twice
   Occasionally
   Frequently


30. Imagine that you are being considered for a promotion at work – a promotion you very much want and for which you believe you are well-qualified. Would you: Tell the boss negative things – all true – about one or more of the other candidates for the job?

   Would do
   Might do
   Would not do


31. Imagine that you are being considered for a promotion at work – a promotion you very much want and for which you believe you are well-qualified. Would you tell the boss negative things that are not true about other candidates for the job?

   Would do
   Might do
   Would not do


32. Imagine that you are being considered for a promotion at work – a promotion you very much want and for which you believe you are well-qualified. Would you look at private computer files or other private material to find out what the boss is thinking?

   Would do
   Might do
   Would not do


33. Imagine that you are being considered for a promotion at work – a promotion you very much want and for which you believe you are well-qualified. Would you flirt with your boss or someone else who can help you get the job.

   Would do
   Might do
   Would no do


34. Imagine that you are being considered for a promotion at work – a promotion you very much want and for which you believe you are well-qualified. Would you sleep with your boss or someone else who can help you get the job.

   Would do
   Might do
   Would not do


35. It is perfectly reasonable to ask the people you work with to contribute to a charity with which you’re involved.

   Strongly agree
   Somewhat agree
   Somewhat disagree
   Strongly disagree


36. If you’re asked to do something at work that you feel compromises your personal integrity, you shouldn’t have to do it.

   Strongly agree
   Somewhat agree
   Somewhat disagree
   Strongly disagree


37. You should never let your co-workers know how much you make.

   Strongly agree
   Somewhat agree
   Somewhat disagree
   Strongly disagree


38. I would never work for a company that I thought was doing serious damage to the environment.

   Strongly agree
   Somewhat agree
   Somewhat disagree
   Strongly disagree


39. If you own your own business, there is nothing wrong with putting family first when it comes to deciding whom to hire and whom to promote.

   Strongly agree
   Somewhat agree
   Somewhat disagree
   Strongly disagree


40. When you change jobs, you should not tell your new employer any confidential information you have about the other companies you’ve worked for.

   Strongly agree
   Somewhat agree
   Somewhat disagree
   Strongly disagree


41. Imagine that you are in the process of selling your home. Your neighbor, who works at City Hall, tells you that the City Council is about to consider putting the phone and power lines in your neighborhood underground. If the project goes forward, it will make your neighborhood more attractive, but it will also require assessing each homeowner about $25,000. Would you tell prospective buyers that they might be faced with a $25,000 assessment if they buy your home?

   Yes, I would tell them
   No, I would not


42. Imagine that you’ve learned that a small group of wealthy parents at your child’s school secretly gave a much admired art teacher an all-expenses-paid trip to Italy in spite of a strict school policy against expensive gifts.

   Anonymously inform the school of the gift
   Inform the school of the gift (not anonymously)
   Do nothing, mainly because you believe the teacher did nothing wrong
   Do nothing, mainly because you believe this is none of your business
   Do nothing, mainly because you fear there might be repercussions against your child


43. Imagine that you take five bags filled with used clothing to a local charity that works with the homeless. The receipt the charity gives you for tax purposes indicates that they received the five bags of clothing, but it allows you to estimate the value of the clothing you’ve donated. When you go to prepare your tax return, how would you handle this charitable deduction?

   I wouldn't dream of claiming as a charitable deduction used clothing I'd given to the homeless
   I would underestimate the value of the clothes. I don't want any trouble with the IRS
   I would make an estimate of the clothes' value that I thought was completely fair
   I would make the highest estimate that I thought was reasonable
   Forget what the clothes are worth, I'd put down the highest deduction I could get away wit


44. Imagine you need to replace a floor in a bathroom, and the tile guy you like quotes you two prices: One price if you pay by check, and a 20% lower price if you pay in cash. From the way he presents the two prices, it is clear that if you pay cash, he will not report the money you pay him on his taxes. Would you most likely:

   Refuse to do business with someone you have good reason to believe cheats on his taxes
   Pay the full amount by check
   Take the discount and pay in cash




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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.