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