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SOLUTION MANUAL n j
Business Law: Text & Exercises (MindTap Course List)
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nj Chapters 1 -43, Complete nj nj nj nj
10th Edition by Roger LeRoy Miller, William E.
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Chapter 1 n j
Table of Contents n j n j
Purpose and Perspective n j n j n j of n j the Chapter ........................................................................ 2
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Cengage Supplements ............................................................................................................. 2
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List of n j n j Student n j Downloads ............................................................................................... 2
Chapter Objectives ................................................................................................................... 2
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Key n j Terms ................................................................................................................................ 2
What's n j New n j in n j This n j Chapter .............................................................................................. 3
Chapter Outline ........................................................................................................................ 4
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Discussion Questions ................................................................................................................ 8
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Additional Resources .............................................................................................................. 10
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Cengage Video n j n j Resources ............................................................................................... 10
Appendix ................................................................................................................................... 10
Generic n j Rubrics .................................................................................................................. 10
Standard Writing n j n j Rubric .................................................................................................... 10
Standard Discussion Rubric .............................................................................................. 12
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Purpose and Perspective of the Chapter n j n j n j n j n j
The purpose of this chapter is to examine the relationship between law
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n and ethics. The chapterpresents issues involved to determining the ethical
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nresponsibilities of businesses and provides students a framework for analyzing
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nand making ethical decisions.
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Cengage Supplements n j
The following product-level supplements provide additional information that may
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nhelp you inpreparing your course. They are available in the Instructor
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n Resource Center.
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PowerPoint Deck n j
List of Student Downloads n j n j n j
Students should download the following items from the Student Companion n j n j n j n j n j n j n j n j n j
n Center to completethe activities and assignments related to this chapter:
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PowerPoint Deck (without teaching notes, n j n j n j n j n j activities, or n j n j answers)
Chapter Objectives n j
The following objectives are addressed in this chapter:
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1. Discuss how business can n j n j n j n j discourage unethical behavior n j n j
2. Explain the relationship between law and ethics n j n j n j n j n j n j
3. Compare duty-based ethics and utilitarian ethics n j n j n j n j n j
4. Identify ethical problems in the global context n j n j n j n j n j n j
Key Terms n j
business ethics: Ethics in a business context; a consensus of what n j n j n j n j n j n j n j n j n j n j
n constitutes right or wrong behavior in the world of business and the
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n application of moral principles to situations that arisein a business setting.
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categorical imperative: A concept developed by the philosopher Immanuel n j n j n j n j n j n j n j n j
n Kant as an ethicalguideline for behavior. In deciding whether an action is
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n right or wrong, or desirable or undesirable, a person should evaluate
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n the action in terms of what would happen if everybody else in the
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n same situation, or category, acted the same way.
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corporate social responsibility (CSR): The concept that corporations can n j n j n j n j n j n j n j n j
n and should actethically and be accountable to society for their actions.
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cost-benefit analysis: A decision-making technique that involves weighing the n j n j n j n j n j n j n j n j
n costs of a givenaction against the benefits of the action.
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duty-based ethics: An ethical philosophy rooted in the idea that every n j n j n j n j n j n j n j n j n j n j
n person has certain dutiesto others, including both humans and the planet.
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n Those duties may be derived from religious principles or from other
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n philosophical reasoning.
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ethical reasoning: A reasoning process in which an individual links his or n j n j n j n j n j n j n j n j n j n j n j n j her
n moral convictionsor ethical standards to the particular situation at hand.
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