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

SOLUTION MANUAL
Business Law: Text & Exercises (MindTap Course
List)
10th Edition by Roger LeRoy Miller, William E.
Hollowell s




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,Chapters 1 - 43, Complete
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Chapter 1 s




Table of Contents
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PurposesandsPerspectivesofsthesChapter ......................................................................................2
CengagesSupplements ................................................................................................................2
ListsofsStudentsDownloads........................................................................................................2
ChaptersObjectives ......................................................................................................................2
KeysTerms...................................................................................................................................2
What'ssNewsinsThissChapter.........................................................................................................3
ChaptersOutline ...........................................................................................................................4
DiscussionsQuestions ..................................................................................................................8
AdditionalsResources ................................................................................................................10
CengagesVideosResources ....................................................................................................10
Appendix ...................................................................................................................................10
GenericsRubrics .....................................................................................................................10
StandardsWritingsRubric .........................................................................................................10
StandardsDiscussionsRubric ...................................................................................................12




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,Purpose and Perspective of the Chapter
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Thespurposesofsthisschaptersisstosexaminesthesrelationshipsbetweenslawsandsethics.sTheschapters
presentssissuessinvolvedstosdeterminingsthesethicalsresponsibilitiessofsbusinessessandsprovidesss
tudentssasframeworksforsanalyzingsandsmakingsethicalsdecisions.

Cengage Supplements s

Thesfollowingsproduct-
levelssupplementssprovidesadditionalsinformationsthatsmayshelpsyousinspreparingsyourscourse.sT
heysaresavailablesinsthesInstructorsResourcesCenter.
 PowerPointsDeck

List of Student Downloads
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StudentssshouldsdownloadsthesfollowingsitemssfromsthesStudentsCompanionsCenterstoscompletesth
esactivitiessandsassignmentssrelatedstosthisschapter:
 PowerPointsDecks(withoutsteachingsnotes,sactivities,sorsanswers)

Chapter Objectives s


Thesfollowingsobjectivessaresaddressedsinsthisschapter:

1. Discussshowsbusinessscansdiscouragesunethicalsbehavior

2. Explainsthesrelationshipsbetweenslawsandsethics

3. Comparesduty-basedsethicssandsutilitariansethics

4. Identifysethicalsproblemssinsthesglobalscontext

Key Terms s

businesssethics:sEthicssinsasbusinessscontext;sasconsensussofswhatsconstitutessrightsorswrongsb
ehaviorsinsthesworldsofsbusinesssandsthesapplicationsofsmoralsprinciplesstossituationssthatsarisesinsa
sbusinessssetting.

categoricalsimperative:sAsconceptsdevelopedsbysthesphilosophersImmanuelsKantsassansethicals
guidelinesforsbehavior.sInsdecidingswhethersansactionsissrightsorswrong,sorsdesirablesorsundesirabl
e,saspersonsshouldsevaluatesthesactionsinstermssofswhatswouldshappensifseverybodyselsesinsthessa
messituation,sorscategory,sactedsthessamesway.
corporatessocialsresponsibilitys(CSR):sThesconceptsthatscorporationsscansandsshouldsac
tsethicallysandsbesaccountablestossocietysforstheirsactions.
cost-benefitsanalysis:sAsdecision-
makingstechniquesthatsinvolvessweighingsthescostssofsasgivensactionsagainststhesbenefitssofsthesact
ion.
duty-
basedsethics:sAnsethicalsphilosophysrootedsinsthesideasthatseveryspersonshasscertainsdutiesstosothe
rs,sincludingsbothshumanssandsthesplanet.sThosesdutiessmaysbesderivedsfromsreligioussprinciplessor
sfromsothersphilosophicalsreasoning.

ethicalsreasoning:sAsreasoningsprocesssinswhichsansindividualslinksshissorshersmoralsconvictionss
orsethicalsstandardsstosthesparticularssituationsatshand.



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, ethics:sMoralsprinciplessandsvaluessappliedstossocialsbehavior.
moralsminimum:sThesminimumsdegreesofsethicalsbehaviorsexpectedsofsasbusinesssfirm,swhichsissu
suallysdefinedsasscomplianceswithstheslaw.
outcome-
basedsethics:sAnsethicalsphilosophysthatsfocusessonsthesimpactssofsasdecisionsonssocietysors
onskeysstakeholders.
outsourcing:sThespracticesbyswhichsascompanyshiressansoutsidesfirmsorsindividualstosperformsw
orksrathersthanshiringsemployees.
principlesofsrights:sThesprinciplesthatshumansbeingsshavescertainsfundamentalsrightss(toslife,sfr
eedom,sandsthespursuitsofshappiness,sforsexample).sAskeysfactorsinsdeterminingswhethersasbusi
nesssdecisionsissethicalsundersthisstheorysisshowsthatsdecisionsaffectssthesrightssofsothers,ssuchs
assemployees,sconsumers,ssuppliers,sandsthescommunity.
stakeholders:sGroups,sothersthansthescompany’ssshareholders,sthatsaresaffectedsbyscorporates
decisions.sStakeholderssincludesemployees,scustomers,screditors,ssuppliers,sandsthescommunit
ysinswhichsthescorporationsoperates.
triplesbottomsline:sThesideasthatsinvestorssandsotherssshouldsconsidersnotsonlyscorporate
profits,sbutsalsosthescorporation’ssimpactsonspeoplesandsonsthesplanetsinsassessingsthesfirm.s(Thesb
ottomslinesisspeople,splanet,sandsprofits.)
utilitarianism:sAnsapproachstosethicalsreasoningsinswhichsethicallyscorrectsbehaviorsissrelatedstosa
nsevaluationsofsthesconsequencessofsasgivensactionsonsthoseswhoswillsbesaffectedsbysit.sIn
utilitariansreasoning,sas―good‖sdecisionsissonesthatsresultssinsthesgreatestsgoodsforsthesgreatestsnum
bersofspeoplesaffectedsbysthesdecision.
[returnstostop]

What's New in This Chapter
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Thesfollowingselementssaresimprovementssinsthisschaptersfromsthesprevioussedition:

 Newschapterstitlesandschapter-
openingsintroductionsscenariosdiscussingsrecentstechnologysscandalsinvolvingsfi
nger-pricksbloodstestskits
 Newschaptersorganizationsandssubheadssthroughouts(includingsnewsheadingssfor
―outsourcing‖sands―corruption‖)
 NewssectionsonsMakingsEthicalsBusinesssDecisionssandsnewsmaterialssonsSystematic
Approach:sIDDRs(―Isdesirestosdosright‖)sthatswillsbesusedsthroughoutsthestextstosanalyzeset
hics,sincludingsinsallsofsthesnews―AsQuestionsofsEthics‖sproblemssinsthesremainingschapt
ers.
o News―ApplicationsofsthesIDDRsApproach‖ssubsectionswithsstep-by-
stepsdiscussionsandssamplesscenario.
 1sNewsExhibits3–
1:sAnsAnalysissofsEthicalsApproachesstosthesSamplesDilemmas(forsn
ewsIDDRsApproach)
o 1sNewsTerms&sConcept
 outsourcing
 1sNewsEthicssTodaysfeature—




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