Solution manual for business law text exercises 10th edition roger leroy miller.

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Chapter1 c




TableofContents c c




Purpose and 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's NewYin This Chapter .......................................................................................................................................... 3
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Chapter Outline ................................................................................................................................................................ 4
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Discussion Questions ...................................................................................................................................................... 8
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Additional Resources .................................................................................................................................................... 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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Standard Discussion Rubric .................................................................................................................................... 12
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PurposeandPerspectiveoftheChapter c c c c c




The purpose ofYthis chapter is to examine the relationship between law and ethics. The chapte
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rpresents issues involved to determining the ethical responsibilities ofYbusinesses and provide s
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students a framework for analyzing and making ethical decisions.
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CengageSupplements c




The following product-
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level supplements provide additional information that may help you inpreparing your course
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. They are available in the Instructor Resource Center.
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 PowerPointYDeck

ListofStudentDownloads c c c




Students should download the following items from the Student Companion Center to complet
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ethe activities and assignments related to this chapter:
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 PowerPoint Deck (without teaching notes, activities, or answers) c c c c c c c




ChapterObjectives c




The following objectives are addressed in this chapter:
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1. Discuss how business can discourage unethical behavior c c c c c c




2. Explain the relationship between law and ethics c c c c c c




3. Compare duty-based ethics and utilitarian ethics c c c c c




4. Identify ethical problems in the global context c c c c c c




KeyTerms c




business ethics: Ethics in a business context; a consensus of what constitutes right or wrong b
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ehavior in the world of business and the application of moral principles to situations that arise in a
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business setting.
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categorical imperative: A concept developed by the philosopher Immanuel Kant as an ethic c c c c c c c c c c c c




alguideline for behavior. In deciding whetherYan action is right or wrong, or desirable or unde
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sirable, a person should evaluate the action in terms of what would happen ifYeverybodyYelse in
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the same situation, or category, acted the same way.
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corporate social responsibility (CSR): The concept that corporations can and should ac tethically
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and be accountable to society for theirYactions.
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cost-benefit analysis: AYdecision- c c




making technique that involves weighing the costs of a givenaction against the benefits of the action.
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duty-
based ethics: An ethical philosophyYrooted in the idea that every person has certain dutiesto ot hers,
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including both humans and the planet. Those duties may be derived from religious princip les or
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from other philosophical reasoning.
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ethical reasoning: A reasoning process in which an individual links his or her moral conviction sor
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ethical standards to the particular situation atYhand.
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