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SOLUTION MANUAL
Business Law: Text & Exercises (MindTap Course List)
10th Edition by Roger LeRoy Miller, William E.
Hollowell
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, Business Law: Text & Exercises (MindTap Course List)
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Chapter 1 o
Table of Contents
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PurposeoandoPerspectiveoofotheoChapter............................................................................................................... 2
CengageoSupplements .................................................................................................................................................. 2
ListoofoStudentoDownloads ..................................................................................................................................... 2
ChapteroObjectives ......................................................................................................................................................... 2
KeyoTerms........................................................................................................................................................................... 2
What'soNewoinoThisoChapter ....................................................................................................................................... 3
ChapteroOutline ............................................................................................................................................................... 4
DiscussionoQuestions..................................................................................................................................................... 8
AdditionaloResources .................................................................................................................................................. 10
CengageoVideooResources ................................................................................................................................... 10
Appendix ......................................................................................................................................................................... 10
GenericoRubrics ........................................................................................................................................................ 10
StandardoWritingoRubric ....................................................................................................................................... 10
StandardoDiscussionoRubric ................................................................................................................................. 12
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, Business Law: Text & Exercises (MindTap Course List)
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Purpose and Perspective of the Chapter
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Theopurposeoofothisochapteroisotooexamineotheorelationshipobetweenolawoandoethics.oTheochapt
eropresentsoissuesoinvolvedotoodeterminingotheoethicaloresponsibilitiesoofobusinessesoandoprovid
esostudentsoaoframeworkoforoanalyzingoandomakingoethicalodecisions.
Cengage Supplements o
Theofollowingoproduct-
levelosupplementsoprovideoadditionaloinformationothatomayohelpoyouoinopreparingoyourocours
e.oTheyoareoavailableoinotheoInstructoroResourceoCenter.
PowerPointoDeck
List of Student Downloads
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StudentsoshouldodownloadotheofollowingoitemsofromotheoStudentoCompanionoCenterotoocomplet
eotheoactivitiesoandoassignmentsorelatedotoothisochapter:
PowerPointoDecko(withoutoteachingonotes,oactivities,ooroanswers)
Chapter Objectives
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Theofollowingoobjectivesoareoaddressedoinothisochapter:
1. Discussohowobusinessocanodiscourageounethicalobehavior
2. Explainotheorelationshipobetweenolawoandoethics
3. Compareoduty-basedoethicsoandoutilitarianoethics
4. Identifyoethicaloproblemsoinotheoglobalocontext
Key Terms
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businessoethics:oEthicsoinoaobusinessocontext;oaoconsensusoofowhatoconstitutesorightoorowrongo
behavioroinotheoworldoofobusinessoandotheoapplicationoofomoraloprinciplesotoosituationsothatoari
seoinoaobusinessosetting.
categoricaloimperative:oAoconceptodevelopedobyotheophilosopheroImmanueloKantoasoanoethic
aloguidelineoforobehavior.oInodecidingowhetheroanoactionoisorightoorowrong,oorodesirableooround
esirable,oaopersonoshouldoevaluateotheoactionoinotermsoofowhatowouldohappenoifoeverybodyoels
eoinotheosameosituation,oorocategory,oactedotheosameoway.
corporateosocialoresponsibilityo(CSR):oTheoconceptothatocorporationsocanoandoshouldoa
ctoethicallyoandobeoaccountableotoosocietyoforotheiroactions.
cost-benefitoanalysis:oAodecision-
makingotechniqueothatoinvolvesoweighingotheocostsoofoaogivenoactionoagainstotheobenefitsoofothe
oaction.
duty-
basedoethics:oAnoethicalophilosophyorootedoinotheoideaothatoeveryopersonohasocertainodutiesotooo
thers,oincludingobothohumansoandotheoplanet.oThoseodutiesomayobeoderivedofromoreligiousoprinci
plesoorofromootherophilosophicaloreasoning.
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, Business Law: Text & Exercises (MindTap Course List)
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ethicaloreasoning:oAoreasoningoprocessoinowhichoanoindividualolinksohisooroheromoraloconvictio
nsooroethicalostandardsotootheoparticularosituationoatohand.
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