Solution Manual For Business Law: Text & Exercises, 10th Edition by Roger LeRoy Miller, William E. Hollowell, Verified Chapters 1 - 43, Complete Newest Version

BusinessLaw:Text&Exercises(MindTapCourseList)
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SOLUTION MANUAL k h




Business Law: Text & Exercises (MindTap Course List) 10th
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EditionbyRogerLeRoyMiller,WilliamE.Hollowell
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Chapter1 kh




TableofContents kh kh




PurposeandPerspective of the Chapter ..................................................................................................................... 2
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Cengage Supplements ................................................................................................................................................... 2
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List of Student Downloads ......................................................................................................................................... 2
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Chapter Objectives ........................................................................................................................................................... 2
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Key Terms ............................................................................................................................................................................ 2
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What'sNew in This Chapter ............................................................................................................................................ 3
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Chapter Outline ................................................................................................................................................................. 4
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DiscussionQuestions ...................................................................................................................................................... 8
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AdditionalResources..................................................................................................................................................... 10
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Cengage Video Resources ....................................................................................................................................... 10
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Appendix........................................................................................................................................................................... 10
Generic Rubrics ........................................................................................................................................................... 10
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Standard Writing Rubric ........................................................................................................................................... 10
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StandardDiscussion Rubric..................................................................................................................................... 12
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PurposeandPerspectiveoftheChapter kh kh kh kh kh




The purpose of this chapter is to examine the relationship between law and ethics. The chapter presents
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issues involved to determining the ethical responsibilities of businesses and provides students a
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framework fordanalyzing and making ethical decisions.
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CengageSupplements kh




The following product-
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level supplements provide additional information that may help you inpreparing your course. They are
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available in the InstructordResource Center.
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• PowerPointDeck kh




ListofStudentDownloads kh kh kh




Students should download the following items from the Student Companion Center to complete the
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activities and assignments related to this chapter:
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• PowerPointDeckd(withoutteachingnotes,activities, or answers) kh kh kh kh kh kh




ChapterObjectives kh




Thefollowing objectivesare addressed in this chapter:
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1. Discuss howbusinesscan discourageunethicalbehavior kh kh kh kh kh kh




2. Explain therelationshipbetweenlawandethics kh kh kh kh kh kh




3. Compareduty-basedethics andutilitarian ethics kh kh kh kh kh




4. Identifyethical problemsin theglobalcontext kh kh kh kh kh kh




KeyTerms kh




business ethics: Ethics in a business context; a consensus ofdwhat constitutes right or wrong be
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havior in the world of business and the application of moral principles to situations that arisein a
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business setting.
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categorical imperative: A concept developed by the philosopher Immanuel Kant as an ethical kh kh kh kh kh kh kh kh kh kh kh kh




guideline for behavior. In deciding whether an action is right or wrong, or desirable or undesir able, a
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person should evaluate the action in terms ofdwhat would happen ifdeverybody else in t he same
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situation, or category, acted the same way.
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corporate social responsibility (CSR): The concept thatcorporations canand should act ethically
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and be accountable to society fordtheirdactions.
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cost-benefit analysis: Addecision- kh kh




making technique that involves weighing thecosts of a givenaction against the benefits of thea ction.
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duty-
based ethics: An ethical philosophydrooted in theidea that every person has certain dutiesto oth ers,
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including both humans and the planet. Those duties may be derived from religious principle s or from
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other philosophical reasoning.
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, BusinessLaw:Text&Exercises(MindTapCourseList)
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ethical reasoning: Areasoning process in which an individual links his or herdmoral convictions or
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ethical standards to the particular situation at hand.
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