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 k




Business Law: Text & Exercises (MindTap Course List)
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10th Edition by Roger LeRoy Miller, William E. Hollowell
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website, in whole or in part.
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, Chapters 1- 43, Complete
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,Chapter1 k




Table of Contents k k




Purpose and Perspective 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's New in This Chapter .......................................................................................................... 3
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Chapter Outline............................................................................................................................ 4
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DiscussionQuestions................................................................................................................... 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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, Purpose and Perspective of the Chapter k k k k k




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




The following product-level supplements provide additional information that may help you in
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preparing your course. They are available in the Instructor Resource Center.
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• PowerPoint Deck k




List of Student Downloads
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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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• PowerPoint Deck (without teaching notes, activities, or answers) k k k k k k k




ChapterObjectives k




The following objectives are addressed in this chapter:
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1. Discuss how business can discourage unethical behavior k k k k k k




2. Explain the relationship between law and ethics k k k k k k




3. Compare duty-based ethics and utilitarian ethics k k k k k




4. Identify ethical problems in the global context k k k k k k




Key Terms k




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
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ethicalguideline for behavior. In deciding whether an action is right or wrong, or desirable or
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undesirable, a person should evaluate the action in terms of what would happen if everybody else in
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the same situation, or category, acted the same way.
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corporate social responsibility (CSR): The concept that corporations can and should actethically
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and be accountable to society for their actions.
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cost-benefit analysis: A decision-making technique that involves weighing the costs of a
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givenaction against the benefits of the action.
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duty-based ethics: An ethical philosophy rooted in the idea that every person has certain
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dutiesto others, including both humans and the planet. Those duties may be derived from religious
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principles or from other philosophical reasoning.
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ethical reasoning: A reasoning process in which an individual links his or her moral convictionsor
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ethical standards to the particular situation at hand.
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