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

SOLUTION MANUAL f




BusinessLaw: Text&Exercises (MindTap Course List)
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10thEdition byRoger LeRoyMiller, WilliamE. Hollowell
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, Chapters1-43,Complete
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,Chapter1 f




Table of Contents f f




PurposeandPerspectiveof theChapter ......................................................................................... 2
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CengageSupplements ................................................................................................................. 2
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Listof StudentDownloads .......................................................................................................... 2
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ChapterObjectives....................................................................................................................... 2
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Key Terms ................................................................................................................................... 2
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What'sNewin ThisChapter............................................................................................................ 3
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ChapterOutline ............................................................................................................................ 4
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DiscussionQuestions ................................................................................................................... 8
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AdditionalResources ................................................................................................................. 10
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CengageVideoResources ...................................................................................................... 10
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Appendix ................................................................................................................................... 10
GenericRubrics ...................................................................................................................... 10
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StandardWritingRubric .......................................................................................................... 10
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StandardDiscussionRubric .................................................................................................... 12
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, Purpose andPerspective ofthe Chapter f f f f f




The purpose of this chapter is to examine the relationship between law and ethics. The
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chapterpresentsissuesinvolvedtodeterminingthe ethicalresponsibilitiesof businessesand provides
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students a framework for analyzing and making ethical decisions.
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CengageSupplements f




Thefollowingproduct-levelsupplementsprovideadditionalinformation that mayhelp youin preparing
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your course. They are available in the Instructor Resource Center.
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• PowerPointDeck f




ListofStudentDownloads f f f




Students shoulddownloadthefollowing itemsfromtheStudent Companion Centertocomplete the
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activities and assignments related to this chapter:
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• PowerPointDeck(withoutteachingnotes,activities,oranswers) f f f f f f f




ChapterObjectives f




Thefollowingobjectivesareaddressedinthis chapter:
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1. Discusshowbusinesscandiscourageunethicalbehavior f f f f f f




2. Explaintherelationshipbetweenlawandethics f f f f f f




3. Compareduty-basedethicsandutilitarianethics f f f f f




4. Identifyethicalproblemsintheglobalcontext f f f f f f




Key Terms f




business ethics: Ethics in a business context; a consensus of what constitutes right or wrong
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behavior in the world of business and the application of moral principles to situations that arise in a
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business setting.
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categorical imperative: A concept developed by the philosopher Immanuel Kant as an f f f f f f f f f f f




ethicalguideline for behavior. In deciding whether an action is right or wrong, or desirable or
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undesirable,apersonshouldevaluatetheaction in terms of what wouldhappen if everybody else in the
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same situation, or category, acted the same way.
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corporatesocialresponsibility(CSR): Theconceptthat corporationscan andshould actethically
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and be accountable to society for their actions.
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cost-benefitanalysis: Adecision-makingtechniquethatinvolvesweighing the costsofa givenaction f f f f f f f f f f f f




against the benefits of theaction.
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duty-basedethics: Anethicalphilosophyrooted in the idea thateverypersonhascertain f f f f f f f f f f f f f




dutiestoothers, includingbothhumans and theplanet. Thoseduties may bederivedfrom religious
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principles or from other philosophical reasoning.
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ethicalreasoning:A reasoning processin whichan individuallinkshis orhermoral convictionsor
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ethical standards to the particular situation at hand.
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