Solution Manual for Business Law: Text & Exercises 10th Edition | Roger LeRoy Miller

SOLUTION MANUAL B




Business Law: Text & Exercises (MindTap Course List)
B B B B B B B




10th Edition by Roger LeRoy Miller, William E. Hollowell
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Chapters 1 - 43, Complete
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,Chapter 1 B




Table of Contents
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PurposeBandBPerspectiveBofBtheBChapter ...................................................................................................... 2
CengageBSupplements .................................................................................................................................. 2
ListBofBStudentBDownloads ........................................................................................................................ 2
ChapterBObjectives........................................................................................................................................ 2
KeyBTerms...................................................................................................................................................... 2
What'sBNewBinBThisBChapter ......................................................................................................................... 3
ChapterBOutline............................................................................................................................................. 4
DiscussionBQuestions .................................................................................................................................... 8
AdditionalBResources .................................................................................................................................. 10
CengageBVideoBResources ....................................................................................................................... 10
Appendix ..................................................................................................................................................... 10
GenericBRubrics ....................................................................................................................................... 10
StandardBWritingBRubric ......................................................................................................................... 10
StandardBDiscussionBRubric..................................................................................................................... 12




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,Purpose and Perspective of the Chapter
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TheBpurposeBofBthisBchapterBisBtoBexamineBtheBrelationshipBbetweenBlawBandBethics.BTheBchapterBprese
ntsBissuesBinvolvedBtoBdeterminingBtheBethicalBresponsibilitiesBofBbusinessesBandBprovidesBstudentsBaBfr
ameworkBforBanalyzingBandBmakingBethicalBdecisions.

Cengage Supplements B

TheBfollowingBproduct-
levelBsupplementsBprovideBadditionalBinformationBthatBmayBhelpByouBinBpreparingByourBcourse.BTheyBa
reBavailableBinBtheBInstructorBResourceBCenter.
• PowerPointBDeck

List of Student Downloads
B B B

StudentsBshouldBdownloadBtheBfollowingBitemsBfromBtheBStudentBCompanionBCenterBtoBcompleteBtheBacti
vitiesBandBassignmentsBrelatedBtoBthisBchapter:
• PowerPointBDeckB(withoutBteachingBnotes,Bactivities,BorBanswers)

Chapter Objectives
B


TheBfollowingBobjectivesBareBaddressedBinBthisBchapter:

1. DiscussBhowBbusinessBcanBdiscourageBunethicalBbehavior

2. ExplainBtheBrelationshipBbetweenBlawBandBethics

3. CompareBduty-basedBethicsBandButilitarianBethics

4. IdentifyBethicalBproblemsBinBtheBglobalBcontext

Key Terms
B

businessBethics:BEthicsBinBaBbusinessBcontext;BaBconsensusBofBwhatBconstitutesBrightBorBwrongBbehaviorBi
nBtheBworldBofBbusinessBandBtheBapplicationBofBmoralBprinciplesBtoBsituationsBthatBariseBinBaBbusinessBsett
ing.
categoricalBimperative:BABconceptBdevelopedBbyBtheBphilosopherBImmanuelBKantBasBanBethicalBguidelin
eBforBbehavior.BInBdecidingBwhetherBanBactionBisBrightBorBwrong,BorBdesirableBorBundesirable,BaBpersonBs
houldBevaluateBtheBactionBinBtermsBofBwhatBwouldBhappenBifBeverybodyBelseBinBtheBsameBsituation,BorBc
ategory,BactedBtheBsameBway.
corporateBsocialBresponsibilityB(CSR):BTheBconceptBthatBcorporationsBcanBandBshouldBactBethicallyB
andBbeBaccountableBtoBsocietyBforBtheirBactions.
cost-benefitBanalysis:BABdecision-
makingBtechniqueBthatBinvolvesBweighingBtheBcostsBofBaBgivenBactionBagainstBtheBbenefitsBofBtheBaction.
duty-
basedBethics:BAnBethicalBphilosophyBrootedBinBtheBideaBthatBeveryBpersonBhasBcertainBdutiesBtoBothers,Binc
ludingBbothBhumansBandBtheBplanet.BThoseBdutiesBmayBbeBderivedBfromBreligiousBprinciplesBorBfromBother
BphilosophicalBreasoning.

ethicalBreasoning:BABreasoningBprocessBinBwhichBanBindividualBlinksBhisBorBherBmoralBconvictionsBorBethic
alBstandardsBtoBtheBparticularBsituationBatBhand.


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, ethics:BMoralBprinciplesBandBvaluesBappliedBtoBsocialBbehavior.
moralBminimum:BTheBminimumBdegreeBofBethicalBbehaviorBexpectedBofBaBbusinessBfirm,BwhichBisBusuallyB
definedBasBcomplianceBwithBtheBlaw.
outcome-
basedBethics:BAnBethicalBphilosophyBthatBfocusesBonBtheBimpactsBofBaBdecisionBonBsocietyBorBonBkeyB
stakeholders.
outsourcing:BTheBpracticeBbyBwhichBaBcompanyBhiresBanBoutsideBfirmBorBindividualBtoBperformBworkBra
therBthanBhiringBemployees.
principleBofBrights:BTheBprincipleBthatBhumanBbeingsBhaveBcertainBfundamentalBrightsB(toBlife,Bfreedo
m,BandBtheBpursuitBofBhappiness,BforBexample).BABkeyBfactorBinBdeterminingBwhetherBaBbusinessBdecis
ionBisBethicalBunderBthisBtheoryBisBhowBthatBdecisionBaffectsBtheBrightsBofBothers,BsuchBasBemployees,Bc
onsumers,Bsuppliers,BandBtheBcommunity.
stakeholders:BGroups,BotherBthanBtheBcompany’sBshareholders,BthatBareBaffectedBbyBcorporateBdecisio
ns.BStakeholdersBincludeBemployees,Bcustomers,Bcreditors,Bsuppliers,BandBtheBcommunityBinBwhichBtheB
corporationBoperates.
tripleBbottomBline:BTheBideaBthatBinvestorsBandBothersBshouldBconsiderBnotBonlyBcorporate
profits,BbutBalsoBtheBcorporation’sBimpactBonBpeopleBandBonBtheBplanetBinBassessingBtheBfirm.B(TheBbotto
mBlineBisBpeople,Bplanet,BandBprofits.)
utilitarianism:BAnBapproachBtoBethicalBreasoningBinBwhichBethicallyBcorrectBbehaviorBisBrelatedBtoBanBeval
uationBofBtheBconsequencesBofBaBgivenBactionBonBthoseBwhoBwillBbeBaffectedBbyBit.BIn
utilitarianBreasoning,BaB―good‖BdecisionBisBoneBthatBresultsBinBtheBgreatestBgoodBforBtheBgreatestBnumberBo
fBpeopleBaffectedBbyBtheBdecision.

[returnBtoBtop]

What's New in This Chapter
B B B B


TheBfollowingBelementsBareBimprovementsBinBthisBchapterBfromBtheBpreviousBedition:

• NewBchapterBtitleBandBchapter-
openingBintroductionBscenarioBdiscussingBrecentBtechnologyBscandalBinvolvingBfinger-
prickBbloodBtestBkits
• NewBchapterBorganizationBandBsubheadsBthroughoutB(includingBnewBheadingsBfor
―outsourcing‖BandB―corruption‖)
• NewBsectionBonBMakingBEthicalBBusinessBDecisionsBandBnewBmaterialsBonBSystematic
Approach:BIDDRB(―IBdesireBtoBdoBright‖)BthatBwillBbeBusedBthroughoutBtheBtextBtoBanalyzeBethics,
BincludingBinBallBofBtheBnewB―ABQuestionBofBEthics‖BproblemsBinBtheBremainingBchapters.


o NewB―ApplicationBofBtheBIDDRBApproach‖BsubsectionBwithBstep-by-
stepBdiscussionBandBsampleBscenario.
• 1BNewBExhibitB3–
1:BAnBAnalysisBofBEthicalBApproachesBtoBtheBSampleBDilemmaB(forBnewBID
DRBApproach)
o 1BNewBTermB&BConcept
• outsourcing
• 1BNewBEthicsBTodayBfeature—




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