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SOLUTION MANUAL k d
Business Law: Text & Exercises (MindTap Course List) 10th
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EditionbyRogerLeRoyMiller,WilliamE. Hollowell
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, BusinessLaw:Text&Exercises(MindTapCourseList) kd kd kd kd kd kd kd
Chapter1 kd
TableofContents kd kd
Purposeand 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'sNew in This Chapter ............................................................................................................................................ 3
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Chapter Outline ................................................................................................................................................................. 4
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DiscussionQuestions ...................................................................................................................................................... 8
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AdditionalResources..................................................................................................................................................... 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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StandardDiscussion Rubric..................................................................................................................................... 12
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, BusinessLaw:Text&Exercises(MindTapCourseList) kd kd kd kd kd kd kd
PurposeandPerspectiveoftheChapter kd kd kd kd kd
The purpose of this chapter is to examine the relationship between law and ethics. The chapter presents
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issues involved to determining the ethical responsibilities of businesses and provides students a
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framework fordanalyzing and making ethical decisions.
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CengageSupplements kd
The following product-
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level supplements provide additional information that may help you inpreparing your course. They are
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available in the InstructordResource Center.
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• PowerPointDeck kd
ListofStudentDownloads kd kd kd
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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• PowerPointDeckd(withoutteachingnotes,activities, or answers) kd kd kd kd kd kd
ChapterObjectives kd
Thefollowing objectives are addressed in this chapter:
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1. Discuss howbusinesscan discourageunethical behavior kd kd kd kd kd kd
2. Explain therelationshipbetweenlawandethics kd kd kd kd kd kd
3. Compareduty-basedethicsandutilitarianethics kd kd kd kd kd
4. Identifyethical problemsin theglobalcontext kd kd kd kd kd kd
KeyTerms kd
business ethics: Ethics in a business context; a consensus ofdwhat constitutes right orwrong be
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havior in the world of business and the application of moral principles to situations that arisein a
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business setting.
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categorical imperative: A concept developed by the philosopher Immanuel Kant as an ethical kd kd kd kd kd kd kd kd kd kd kd kd
guideline for behavior. In deciding whether an action is right or wrong, or desirable or undesir able, a
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person should evaluate the action in terms ofdwhat would happen ifdeverybody else in t he same
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situation, or category, acted the same way.
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corporate social responsibility (CSR): Theconcept thatcorporations can and should act ethically
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and be accountable to society fordtheirdactions.
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cost-benefit analysis: Addecision- kd kd
making technique that involves weighing the costs of a givenaction against the benefits of thea ction.
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duty-
based ethics: An ethical philosophydrooted in theidea that every person has certain dutiesto oth ers,
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including both humans and the planet. Those duties may be derived from religious principle s or from
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other philosophical reasoning.
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, BusinessLaw:Text&Exercises(MindTapCourseList)
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ethical reasoning: Areasoning process in which an individual links his or herdmoral convictions or
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ethical standards to the particular situation at hand.
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