Solution Manual For Business Law: Text & Exercises, 10th Edition by Roger LeRoy Miller, William E. Hollowell, Verified Chapters 1 - 43, Complete Newest Version

Business Law: Text & Exercises (MindTap Course List)
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, Business Law: Text & Exercises (MindTap Course List)
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Chapter 1 Y




Table of Contents
Y Y

PurposeYandYPerspectiveYofYtheYChapter ............................................................................................................... 2
CengageYSupplements .................................................................................................................................................. 2
ListYofYStudentYDownloads...................................................................................................................................... 2
ChapterYObjectives ......................................................................................................................................................... 2
KeyYTerms........................................................................................................................................................................... 2
What'sYNewYinYThisYChapter ....................................................................................................................................... 3
ChapterYOutline ............................................................................................................................................................... 4
DiscussionYQuestions..................................................................................................................................................... 8
AdditionalYResources .................................................................................................................................................. 10
CengageYVideoYResources ................................................................................................................................... 10
Appendix ......................................................................................................................................................................... 10
GenericYRubrics ........................................................................................................................................................ 10
StandardYWritingYRubric ....................................................................................................................................... 10
StandardYDiscussionYRubric ................................................................................................................................. 12




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, Business Law: Text & Exercises (MindTap Course List)
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Purpose and Perspective of the Chapter
Y Y Y Y Y

TheYpurposeYofYthisYchapterYisYtoYexamineYtheYrelationshipYbetweenYlawYandYethics.YTheYchapte
rYpresentsYissuesYinvolvedYtoYdeterminingYtheYethicalYresponsibilitiesYofYbusinessesYandYprovide
sYstudentsYaYframeworkYforYanalyzingYandYmakingYethicalYdecisions.

Cengage Supplements Y

TheYfollowingYproduct-
levelYsupplementsYprovideYadditionalYinformationYthatYmayYhelpYyouYinYpreparingYyourYcourse
.YTheyYareYavailableYinYtheYInstructorYResourceYCenter.

 PowerPointYDeck

List of Student Downloads
Y Y Y

StudentsYshouldYdownloadYtheYfollowingYitemsYfromYtheYStudentYCompanionYCenterYtoYcomplet
eYtheYactivitiesYandYassignmentsYrelatedYtoYthisYchapter:

 PowerPointYDeckY(withoutYteachingYnotes,Yactivities,YorYanswers)

Chapter Objectives
Y

TheYfollowingYobjectivesYareYaddressedYinYthisYchapter:

1. DiscussYhowYbusinessYcanYdiscourageYunethicalYbehavior

2. ExplainYtheYrelationshipYbetweenYlawYandYethics

3. CompareYduty-basedYethicsYandYutilitarianYethics

4. IdentifyYethicalYproblemsYinYtheYglobalYcontext

Key Terms
Y

businessYethics:YEthicsYinYaYbusinessYcontext;YaYconsensusYofYwhatYconstitutesYrightYorYwrongYb
ehaviorYinYtheYworldYofYbusinessYandYtheYapplicationYofYmoralYprinciplesYtoYsituationsYthatYariseY
inYaYbusinessYsetting.
categoricalYimperative:YAYconceptYdevelopedYbyYtheYphilosopherYImmanuelYKantYasYanYethic
alYguidelineYforYbehavior.YInYdecidingYwhetherYanYactionYisYrightYorYwrong,YorYdesirableYorYunde
sirable,YaYpersonYshouldYevaluateYtheYactionYinYtermsYofYwhatYwouldYhappenYifYeverybodyYelseY
inYtheYsameYsituation,YorYcategory,YactedYtheYsameYway.
corporateYsocialYresponsibilityY(CSR):YTheYconceptYthatYcorporationsYcanYandYshouldYac
tYethicallyYandYbeYaccountableYtoYsocietyYforYtheirYactions.
cost-benefitYanalysis:YAYdecision-
makingYtechniqueYthatYinvolvesYweighingYtheYcostsYofYaYgivenYactionYagainstYtheYbenefitsYofYthe
Yaction.

duty-
basedYethics:YAnYethicalYphilosophyYrootedYinYtheYideaYthatYeveryYpersonYhasYcertainYdutiesYtoYot
hers,YincludingYbothYhumansYandYtheYplanet.YThoseYdutiesYmayYbeYderivedYfromYreligiousYprincip
lesYorYfromYotherYphilosophicalYreasoning.

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, Business Law: Text & Exercises (MindTap Course List)
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ethicalYreasoning:YAYreasoningYprocessYinYwhichYanYindividualYlinksYhisYorYherYmoralYconviction
sYorYethicalYstandardsYtoYtheYparticularYsituationYatYhand.




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