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SOLUTION MANUAL oo
Business Law: Text & Exercises (MindTap Course List)
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10th Edition by Roger LeRoy Miller, William E.
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Hollowell
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website, ooin oowhole ooor
ooin oopart.
, Business Law: Text & Exercises (MindTap Course List)
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Chapter 1 oo
Table of Contentsoo oo
Purpose ooand ooPerspective ooof oothe ooChapter..................................................................................................... 2
Cengage ooSupplements ................................................................................................................................................ 2
List ooof ooStudent ooDownloads ............................................................................................................................... 2
Chapter ooObjectives ....................................................................................................................................................... 2
Key ooTerms ........................................................................................................................................................................ 2
What's ooNew ooin ooThis ooChapter ............................................................................................................................... 3
Chapter ooOutline ............................................................................................................................................................. 4
Discussion ooQuestions................................................................................................................................................... 8
Additional ooResources .................................................................................................................................................10
Cengage ooVideo ooResources ................................................................................................................................10
Appendix ..........................................................................................................................................................................10
Generic ooRubrics .......................................................................................................................................................10
Standard ooWriting ooRubric ....................................................................................................................................10
Standard ooDiscussion ooRubric ..............................................................................................................................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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The oopurpose ooof oothis oochapter oois ooto ooexamine oothe oorelationship oobetween oolaw ooand
ooethics. ooThe oochapterpo resents ooissues ooinvolved ooto oodetermining oothe ooethical
ooresponsibilities ooof oobusinesses ooand ooprovides oostudents ooa ooframework oofor ooanalyzing
ooand oomaking ooethical oodecisions.
Cengage Supplements oo
The oofollowing ooproduct-level oosupplements ooprovide ooadditional ooinformation oothat oomay
oohelp ooyou ooinp
o reparing ooyour oocourse. ooThey ooare ooavailable ooin oothe ooInstructor ooResource
ooCenter.
• PowerPoint ooDeck
List of Student Downloads
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Students ooshould oodownload oothe oofollowing ooitems oofrom oothe ooStudent ooCompanion ooCenter
ooto oocompleteo
the ooactivities ooand ooassignments oorelated ooto oothis oochapter:
• PowerPoint ooDeck oo(without ooteaching oonotes, ooactivities, ooor ooanswers)
Chapter Objectives oo
The oofollowing ooobjectives ooare ooaddressed ooin oothis oochapter:
1. Discuss oohow oobusiness oocan oodiscourage oounethical oobehavior
2. Explain oothe oorelationship oobetween oolaw ooand ooethics
3. Compare ooduty-based ooethics ooand ooutilitarian ooethics
4. Identify ooethical ooproblems ooin oothe ooglobal oocontext
Key Termsoo
business ooethics: ooEthics ooin ooa oobusiness oocontext; ooa ooconsensus ooof oowhat ooconstitutes
ooright ooor oowrong oobehavior ooin oothe ooworld ooof oobusiness ooand oothe ooapplication ooof oomoral
ooprinciples ooto oosituations oothat ooariseo
in ooa oobusiness oosetting.
categorical ooimperative: ooA ooconcept oodeveloped ooby oothe oophilosopher ooImmanuel ooKant
ooas ooan ooethicalo
guideline oofor oobehavior. ooIn oodeciding oowhether ooan ooaction oois ooright ooor
oowrong, ooor oodesirable ooor ooundesirable, ooa ooperson ooshould ooevaluate oothe ooaction ooin
ooterms ooof oowhat oowould oohappen ooif ooeverybody ooelse ooin oothe oosame oosituation, ooor
oocategory, ooacted oothe oosame ooway.
corporate oosocial ooresponsibility oo(CSR): ooThe ooconcept oothat oocorporations oocan ooand
ooshould ooacto ethically ooand oobe ooaccountable ooto oosociety oofor ootheir ooactions.
cost-benefit ooanalysis: ooA oodecision-making ootechnique oothat ooinvolves ooweighing oothe oocosts
ooof ooa oogivenoaction ooagainst oothe oobenefits ooof oothe ooaction.
duty-based ooethics: ooAn ooethical oophilosophy oorooted ooin oothe ooidea oothat ooevery ooperson oohas
oocertain oodutiesoto ooothers, ooincluding ooboth oohumans ooand oothe ooplanet. ooThose ooduties oomay
oobe ooderived oofrom ooreligious ooprinciples ooor oofrom ooother oophilosophical ooreasoning.
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, Business Law: Text & Exercises (MindTap Course List)
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ethical ooreasoning: ooA ooreasoning ooprocess ooin oowhich ooan ooindividual oolinks oohis ooor ooher
oomoral ooconvictionso
o r ooethical oostandards ooto oothe ooparticular oosituation ooat oohand.
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