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SOLUTION MANUAL
Business Law: Text & Exercises (MindTap Course List)
10th Edition by Roger LeRoy Miller, William E.
Hollowell
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, Business Law: Text & Exercises (MindTap Course List)
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Chapter 1 j
Table of Contents
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PurposejandjPerspectivejofjthejChapter ................................................................................................................... 2
CengagejSupplements ................................................................................................................................................... 2
ListjofjStudentjDownloads ........................................................................................................................................ 2
ChapterjObjectives .......................................................................................................................................................... 2
KeyjTerms ........................................................................................................................................................................... 2
What'sjNewjinjThisjChapter ........................................................................................................................................... 3
ChapterjOutline ................................................................................................................................................................ 4
DiscussionjQuestions...................................................................................................................................................... 8
AdditionaljResources ................................................................................................................................................... 10
CengagejVideojResources ..................................................................................................................................... 10
Appendix ......................................................................................................................................................................... 10
GenericjRubrics ......................................................................................................................................................... 10
StandardjWritingjRubric ......................................................................................................................................... 10
StandardjDiscussionjRubric................................................................................................................................... 12
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, Business Law: Text & Exercises (MindTap Course List)
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Purpose and Perspective of the Chapter
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Thejpurposejofjthisjchapterjisjtojexaminejthejrelationshipjbetweenjlawjandjethics.jThejchapterjprese
ntsjissuesjinvolvedjtojdeterminingjthejethicaljresponsibilitiesjofjbusinessesjandjprovidesjstudentsjaj
frameworkjforjanalyzingjandjmakingjethicaljdecisions.
Cengage Supplements j
Thejfollowingjproduct-
leveljsupplementsjprovidejadditionaljinformationjthatjmayjhelpjyoujinjpreparingjyourjcourse.jThe
yjarejavailablejinjthejInstructorjResourcejCenter.
PowerPointjDeck
List of Student Downloads
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StudentsjshouldjdownloadjthejfollowingjitemsjfromjthejStudentjCompanionjCenterjtojcompletejtheja
ctivitiesjandjassignmentsjrelatedjtojthisjchapter:
PowerPointjDeckj(withoutjteachingjnotes,jactivities,jorjanswers)
Chapter Objectives j
Thejfollowingjobjectivesjarejaddressedjinjthisjchapter:
1. Discussjhowjbusinessjcanjdiscouragejunethicaljbehavior
2. Explainjthejrelationshipjbetweenjlawjandjethics
3. Comparejduty-basedjethicsjandjutilitarianjethics
4. Identifyjethicaljproblemsjinjthejglobaljcontext
Key Terms j
businessjethics:jEthicsjinjajbusinessjcontext;jajconsensusjofjwhatjconstitutesjrightjorjwrongjbehavio
rjinjthejworldjofjbusinessjandjthejapplicationjofjmoraljprinciplesjtojsituationsjthatjarisejinjajbusinessjs
etting.
categoricaljimperative:jAjconceptjdevelopedjbyjthejphilosopherjImmanueljKantjasjanjethicaljguid
elinejforjbehavior.jInjdecidingjwhetherjanjactionjisjrightjorjwrong,jorjdesirablejorjundesirable,jajpers
onjshouldjevaluatejthejactionjinjtermsjofjwhatjwouldjhappenjifjeverybodyjelsejinjthejsamejsituation,
jorjcategory,jactedjthejsamejway.
corporatejsocialjresponsibilityj(CSR):jThejconceptjthatjcorporationsjcanjandjshouldjactjethi
callyjandjbejaccountablejtojsocietyjforjtheirjactions.
cost-benefitjanalysis:jAjdecision-
makingjtechniquejthatjinvolvesjweighingjthejcostsjofjajgivenjactionjagainstjthejbenefitsjofjthejaction
.
duty-
basedjethics:jAnjethicaljphilosophyjrootedjinjthejideajthatjeveryjpersonjhasjcertainjdutiesjtojothers,ji
ncludingjbothjhumansjandjthejplanet.jThosejdutiesjmayjbejderivedjfromjreligiousjprinciplesjorjfromjo
therjphilosophicaljreasoning.
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, Business Law: Text & Exercises (MindTap Course List)
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ethicaljreasoning:jAjreasoningjprocessjinjwhichjanjindividualjlinksjhisjorjherjmoraljconvictionsjorjet
hicaljstandardsjtojthejparticularjsituationjatjhand.
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