Solution Manual for Business Law Text & Exercises, 10th Edition Roger LeRoy Miller

Business Law: Text & Exercises (MindTap Course List)
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, Business Law: Text & Exercises (MindTap Course List)
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Chapter 1 m




Table of Contents
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PurposemandmPerspectivemofm themChapter............................................................................................................. 2
CengagemSupplements ................................................................................................................................................. 2
Listmofm StudentmDownloads .................................................................................................................................... 2
ChaptermObjectives......................................................................................................................................................... 2
Keym Terms .......................................................................................................................................................................... 2
What'smNewYinmThismChapter ...................................................................................................................................... 3
ChaptermOutline ............................................................................................................................................................... 4
DiscussionmQuestions .................................................................................................................................................... 8
AdditionalmResources ..................................................................................................................................................10
CengagemVideomResources ...................................................................................................................................10
Appendix ..........................................................................................................................................................................10
GenericmRubrics .........................................................................................................................................................10
StandardmWritingmRubric .......................................................................................................................................10
StandardmDiscussionmRubric .................................................................................................................................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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ThempurposemofYthismchaptermismtomexaminemthemrelationshipmbetweenmlawmandmethics.mThemcha
ptemrpresentsmissuesm involvedmtom determiningmthem ethicalmresponsibilitiesmofYbusinessesm andmp
rovidemsmstudentsmam frameworkmformanalyzingmandmmakingmethicalmdecisions.

Cengage Supplements m


Themfollowingmproduct-
levelmsupplementsmprovidem additionalminformationmthatm maym helpmyoum inpreparingmyourmcourse
.mTheymaremavailableminmthemInstructormResourcemCenter.

 PowerPointYDeck

List of Student Downloads
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StudentsmshouldmdownloadmthemfollowingmitemsmfrommthemStudentmCompanionmCentermtomcomp
letmethemactivitiesmandmassignmentsm relatedmtomthismchapter:

 PowerPointmDeckm(withoutmteachingmnotes,m activities,mormanswers)

Chapter Objectives
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Themfollowingmobjectivesmaremaddressedminmthismchapter:

1. Discussmhowmbusinessmcanm discouragemunethicalmbehavior

2. Explainmthemrelationshipmbetweenmlawmandmethics

3. Comparemduty-basedmethicsmandmutilitarianmethics

4. Identifym ethicalmproblemsminmthemglobalmcontext

Key Terms
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businessmethics:mEthicsminmambusinessmcontext;mamconsensusmofmwhatmconstitutesmrightmormwron
gmbmehaviorminmthemworldmofmbusinessmandmthemapplicationmofmmoralmprinciplesmtomsituationsmth
atmariseminmam businessmsetting.
categoricalmimperative:mAmconceptmdevelopedmbymthemphilosophermImmanuelmKantmasmanmet
hicmalguidelinemformbehavior.mInmdecidingmwhetherYanmactionmismrightmormwrong,mormdesirablemo
rmundemsirable,mampersonmshouldmevaluatemthemactionminmtermsmofmwhatmwouldmhappenmifYevery
bodyYelseminmthemsamemsituation,mormcategory,mactedm themsamemway.
corporatem socialm responsibilitym (CSR):m Themconceptmthatmcorporationsmcanmandmshouldmacmtet
hicallymandmbemaccountablem tomsocietymform theirYactions.
cost-benefitmanalysis:mAYdecision-
makingmtechniquem thatm involvesm weighingmthemcostsm ofmamgivenactionmagainstm thembenefitsmofmthem
action.
duty-
basedmethics:mAnmethicalmphilosophyYrootedminmthemideamthatmeverympersonmhasmcertainmdutiesto
motmhers,mincludingmbothmhumansmandmthemplanet.mThosemdutiesmmaymbemderivedmfrommreligiousm

principmlesmormfrommothermphilosophicalmreasoning.

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, Business Law: Text & Exercises (MindTap Course List)
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ethicalmreasoning:m Amreasoningmprocessminmwhichmanmindividualmlinksmhismormhermmoralmconvicti
onmsormethicalm standardsmtom them particularmsituationmatYhand.




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