SOLUTION MANUAL Business Law: Text & Exercises (MindTap Course List) 10th Edition by Roger LeRoy Miller, William E. Hollowell Verified Chapters 1 - 43, Complete

Business Law: Text & Exercises (MindTap Course List)



SOLUTION MANUAL
Business Law: Text & Exercises (MindTap Course List)
10th Edition by Roger LeRoy Miller, William E. Hollowell
Verified Chapters 1 - 43, Complete

, Business Law: Text & Exercises (MindTap Course List)
1
website, in whole or in part.

, Business Law: Text & Exercises (MindTap Course List)




Chapter 1

Table of Contents
Purpose and Perspective of the Chapter.................................................................................................... 2
Cengage Supplements.............................................................................................................................. 2
List of Student Downloads ..................................................................................................................... 2
Chapter Objectives................................................................................................................................... 2
Key Terms ................................................................................................................................................ 2
What's New in This Chapter ...................................................................................................................... 3
Chapter Outline........................................................................................................................................ 4
Discussion Questions .................................................................................................................................. 8
Additional Resources............................................................................................................................... 10
Cengage Video Resources .................................................................................................................. 10
Appendix ............................................................................................................................................... 10
Generic Rubrics .................................................................................................................................. 10
Standard Writing Rubric ..................................................................................................................... 10
Standard Discussion Rubric .................................................................................................................. 12




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website, in whole or in part.

, Business Law: Text & Exercises (MindTap Course List)



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

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

List of Student Downloads
Students should download the following items from the Student Companion Center to completethe activities
and assignments related to this chapter:
• PowerPoint Deck (without teaching notes, activities, or answers)

Chapter Objectives
The following objectives are addressed in this chapter:

1. Discuss how business can discourage unethical behavior

2. Explain the relationship between law and ethics

3. Compare duty-based ethics and utilitarian ethics

4. Identify ethical problems in the global context

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




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website, in whole or in part.