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

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Business Law:Text & Exercises (MindTap Course List) 10th
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EditionbyRogerLeRoyMiller,WilliamE. Hollowell
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,Chapter1 n




TableofContents n n




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's New in 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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StandardDiscussion Rubric .................................................................................................................................... 12
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,PurposeandPerspectiveoftheChapter n n n n n




The purpose of this chapter is to examine the relationship between law and ethics. The chapter
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presents issues involved to determining the ethical responsibilities of businesses and provides
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students a framework for analyzing and making ethical decisions.
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CengageSupplements n




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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• PowerPoint Deck n




ListofStudentDownloads
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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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• PowerPointDeck (without teaching notes, activities, or answers) n n n n n n n




ChapterObjectives n




The following objectives are addressed in this chapter:
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1. Discusshow businesscan discourage unethical behavior n n n n n n




2. Explain therelationship between law and ethics n n n n n n




3. Compareduty-based ethics and utilitarian ethics n n n n n




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




KeyTerms n




business ethics: Ethics in a business context; a consensus of what constitutes right or wrong 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
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guideline for behavior. In deciding whether an action is right or wrong, or desirable or undesir
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able, a person should evaluate the action in terms of what would happen ifdeverybody else in t he
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same situation, or category, acted the same way.
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corporate social responsibility (CSR): The concept that corporations can and should act ethically
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and be accountable to society for their actions.
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cost-benefit analysis: Addecision- n n




making technique that involves weighing the costs of a givenaction against the benefits of the a
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ction.
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duty-
based ethics: An ethical philosophy rooted in the idea 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
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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 convictions or
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ethical standards to the particular situation at hand.
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