Solution manual
business law text & exercises 10th edition
by roger Leroy miller All Chapters 1-43 Covered
1
website,ainawholeaorainapart
.
,INSTRUCTOR MANUAL a
BusinessaLawaTexta&aExercises,a10thaEdition
Chaptera1-43
Chaptera1
Table of Contents
a a
PurposeaandaPerspectiveaofatheaChapter ....................................................................................................... 2
CengageaSupplements................................................................................................................................... 2
ListaofaStudentaDownloads ........................................................................................................................ 2
ChapteraObjectives ........................................................................................................................................ 2
KeyaTerms ...................................................................................................................................................... 2
What'saNewainaThisaChapter .......................................................................................................................... 3
ChapteraOutline ............................................................................................................................................. 4
DiscussionaQuestions.................................................................................................................................... 8
AdditionalaResources................................................................................................................................... 10
CengageaVideoaResources....................................................................................................................... 10
Appendix...................................................................................................................................................... 10
GenericaRubrics ....................................................................................................................................... 10
StandardaWritingaRubric........................................................................................................................... 10
StandardaDiscussionaRubric .................................................................................................................... 12
2
website,ainawholeaorainapart
.
,Purpose and Perspective of the Chapter
a a a a a
Theapurposeaofathisachapteraisatoaexamineathearelationshipabetweenalawaandaethics.aTheachapterapresentsaissu
esainvolvedatoadeterminingatheaethicalaresponsibilitiesaofabusinessesaandaprovidesastudentsaaaframeworkaforaa
nalyzingaandamakingaethicaladecisions.
Cengage Supplements a
Theafollowingaproduct-
levelasupplementsaprovideaadditionalainformationathatamayahelpayouainapreparingayouracourse.aTheyaareaavailabl
eainatheaInstructoraResourceaCenter.
• PowerPointaDeck
List of Student Downloads
a a a
StudentsashouldadownloadatheafollowingaitemsafromatheaStudentaCompanionaCenteratoacompleteatheaactivi
tiesaandaassignmentsarelatedatoathisachapter:
• PowerPointaDecka(withoutateachinganotes,aactivities,aoraanswers)
Chapter Objectives
a
Theafollowingaobjectivesaareaaddressedainathisachapter:
1. Discussahowabusinessacanadiscourageaunethicalabehavior
2. Explainathearelationshipabetweenalawaandaethics
3. Compareaduty-basedaethicsaandautilitarianaethics
4. Identifyaethicalaproblemsainatheaglobalacontext
Key Terms
a
businessaethics:aEthicsainaaabusinessacontext;aaaconsensusaofawhataconstitutesarightaorawrongabehaviorai
natheaworldaofabusinessaandatheaapplicationaofamoralaprinciplesatoasituationsathataariseainaaabusinessasetti
ng.
categoricalaimperative:aAaconceptadevelopedabyatheaphilosopheraImmanuelaKantaasaanaethicalaguidelineaf
orabehavior.aInadecidingawhetheraanaactionaisarightaorawrong,aoradesirableaoraundesirable,aaapersonashouldae
valuateatheaactionainatermsaofawhatawouldahappenaifaeverybodyaelseainatheasameasituation,aoracategory,aact
edatheasameaway.
corporateasocialaresponsibilitya(CSR):aTheaconceptathatacorporationsacanaandashouldaactaethicallyaandab
eaaccountableatoasocietyaforatheiraactions.
cost-benefitaanalysis:aAadecision-
makingatechniqueathatainvolvesaweighingatheacostsaofaaagivenaactionaagainstatheabenefitsaofatheaaction.
duty-
basedaethics:aAnaethicalaphilosophyarootedainatheaideaathataeveryapersonahasacertainadutiesatoaothers,aincl
udingabothahumansaandatheaplanet.aThoseadutiesamayabeaderivedafromareligiousaprinciplesaorafromaotheraph
ilosophicalareasoning.
ethicalareasoning:aAareasoningaprocessainawhichaanaindividualalinksahisaoraheramoralaconvictionsaoraethicala
standardsatoatheaparticularasituationaatahand.
3
website,ainawholeaorainapart
.
, ethics:aMoralaprinciplesaandavaluesaappliedatoasocialabehavior.
moralaminimum:aTheaminimumadegreeaofaethicalabehavioraexpectedaofaaabusinessafirm,awhichaisausuallyadefin
edaasacomplianceawithathealaw.
outcome-
basedaethics:aAnaethicalaphilosophyathatafocusesaonatheaimpactsaofaaadecisionaonasocietyaoraonakeyastakeh
olders.
outsourcing:aTheapracticeabyawhichaaacompanyahiresaanaoutsideafirmaoraindividualatoaperformaworkaratherat
hanahiringaemployees.
principleaofarights:aTheaprincipleathatahumanabeingsahaveacertainafundamentalarightsa(toalife,afreedom,aanda
theapursuitaofahappiness,aforaexample).aAakeyafactorainadeterminingawhetheraaabusinessadecisionaisaethicala
underathisatheoryaisahowathatadecisionaaffectsathearightsaofaothers,asuchaasaemployees,aconsumers,asuppli
ers,aandatheacommunity.
stakeholders:aGroups,aotherathanatheacompany’sashareholders,athataareaaffectedabyacorporateadecisions
.aStakeholdersaincludeaemployees,acustomers,acreditors,asuppliers,aandatheacommunityainawhichatheacorp
orationaoperates.
tripleabottomaline:aTheaideaathatainvestorsaandaothersashouldaconsideranotaonlyacorporateaprofits,abutaals
oatheacorporation’saimpactaonapeopleaandaonatheaplanetainaassessingatheafirm.a(Theabottomalineaisapeople,a
planet,aandaprofits.)
utilitarianism:aAnaapproachatoaethicalareasoningainawhichaethicallyacorrectabehavioraisarelatedatoaanaevalua
tionaofatheaconsequencesaofaaagivenaactionaonathoseawhoawillabeaaffectedabyait.aInautilitarianareasoning,aaa―
good‖adecisionaisaoneathataresultsainatheagreatestagoodaforatheagreatestanumberaofapeopleaaffectedabyathead
ecision.
[returnatoatop]
What's New in This Chapter
a a a a
Theafollowingaelementsaareaimprovementsainathisachapterafromatheapreviousaedition:
• Newachapteratitleaandachapter-
openingaintroductionascenarioadiscussingarecentatechnologyascandalainvolvingafinger-
prickabloodatestakits
• Newachapteraorganizationaandasubheadsathroughouta(includinganewaheadingsafor
―outsourcing‖a anda ―corruption‖)
• NewasectionaonaMakingaEthicalaBusinessaDecisionsaandanewamaterialsaonaSystematic
Approach:aIDDRa(―Iadesireatoadoaright‖)athatawillabeausedathroughoutatheatextatoaanalyzeaethics,aincl
udingainaallaofatheanewa―AaQuestionaofaEthics‖aproblemsainathearemainingachapters.
o Newa―ApplicationaofatheaIDDRaApproach‖asubsectionawithastep-by-
stepadiscussionaandasampleascenario.
• 1aNewaExhibita3–
1:aAnaAnalysisaofaEthicalaApproachesatoatheaSampleaDilemmaa(foranewaID
DRaApproach)
o 1aNewaTerma&aConcept
• outsourcing
• 1aNewaEthicsaTodayafeature—
4
website,ainawholeaorainapart
.
business law text & exercises 10th edition
by roger Leroy miller All Chapters 1-43 Covered
1
website,ainawholeaorainapart
.
,INSTRUCTOR MANUAL a
BusinessaLawaTexta&aExercises,a10thaEdition
Chaptera1-43
Chaptera1
Table of Contents
a a
PurposeaandaPerspectiveaofatheaChapter ....................................................................................................... 2
CengageaSupplements................................................................................................................................... 2
ListaofaStudentaDownloads ........................................................................................................................ 2
ChapteraObjectives ........................................................................................................................................ 2
KeyaTerms ...................................................................................................................................................... 2
What'saNewainaThisaChapter .......................................................................................................................... 3
ChapteraOutline ............................................................................................................................................. 4
DiscussionaQuestions.................................................................................................................................... 8
AdditionalaResources................................................................................................................................... 10
CengageaVideoaResources....................................................................................................................... 10
Appendix...................................................................................................................................................... 10
GenericaRubrics ....................................................................................................................................... 10
StandardaWritingaRubric........................................................................................................................... 10
StandardaDiscussionaRubric .................................................................................................................... 12
2
website,ainawholeaorainapart
.
,Purpose and Perspective of the Chapter
a a a a a
Theapurposeaofathisachapteraisatoaexamineathearelationshipabetweenalawaandaethics.aTheachapterapresentsaissu
esainvolvedatoadeterminingatheaethicalaresponsibilitiesaofabusinessesaandaprovidesastudentsaaaframeworkaforaa
nalyzingaandamakingaethicaladecisions.
Cengage Supplements a
Theafollowingaproduct-
levelasupplementsaprovideaadditionalainformationathatamayahelpayouainapreparingayouracourse.aTheyaareaavailabl
eainatheaInstructoraResourceaCenter.
• PowerPointaDeck
List of Student Downloads
a a a
StudentsashouldadownloadatheafollowingaitemsafromatheaStudentaCompanionaCenteratoacompleteatheaactivi
tiesaandaassignmentsarelatedatoathisachapter:
• PowerPointaDecka(withoutateachinganotes,aactivities,aoraanswers)
Chapter Objectives
a
Theafollowingaobjectivesaareaaddressedainathisachapter:
1. Discussahowabusinessacanadiscourageaunethicalabehavior
2. Explainathearelationshipabetweenalawaandaethics
3. Compareaduty-basedaethicsaandautilitarianaethics
4. Identifyaethicalaproblemsainatheaglobalacontext
Key Terms
a
businessaethics:aEthicsainaaabusinessacontext;aaaconsensusaofawhataconstitutesarightaorawrongabehaviorai
natheaworldaofabusinessaandatheaapplicationaofamoralaprinciplesatoasituationsathataariseainaaabusinessasetti
ng.
categoricalaimperative:aAaconceptadevelopedabyatheaphilosopheraImmanuelaKantaasaanaethicalaguidelineaf
orabehavior.aInadecidingawhetheraanaactionaisarightaorawrong,aoradesirableaoraundesirable,aaapersonashouldae
valuateatheaactionainatermsaofawhatawouldahappenaifaeverybodyaelseainatheasameasituation,aoracategory,aact
edatheasameaway.
corporateasocialaresponsibilitya(CSR):aTheaconceptathatacorporationsacanaandashouldaactaethicallyaandab
eaaccountableatoasocietyaforatheiraactions.
cost-benefitaanalysis:aAadecision-
makingatechniqueathatainvolvesaweighingatheacostsaofaaagivenaactionaagainstatheabenefitsaofatheaaction.
duty-
basedaethics:aAnaethicalaphilosophyarootedainatheaideaathataeveryapersonahasacertainadutiesatoaothers,aincl
udingabothahumansaandatheaplanet.aThoseadutiesamayabeaderivedafromareligiousaprinciplesaorafromaotheraph
ilosophicalareasoning.
ethicalareasoning:aAareasoningaprocessainawhichaanaindividualalinksahisaoraheramoralaconvictionsaoraethicala
standardsatoatheaparticularasituationaatahand.
3
website,ainawholeaorainapart
.
, ethics:aMoralaprinciplesaandavaluesaappliedatoasocialabehavior.
moralaminimum:aTheaminimumadegreeaofaethicalabehavioraexpectedaofaaabusinessafirm,awhichaisausuallyadefin
edaasacomplianceawithathealaw.
outcome-
basedaethics:aAnaethicalaphilosophyathatafocusesaonatheaimpactsaofaaadecisionaonasocietyaoraonakeyastakeh
olders.
outsourcing:aTheapracticeabyawhichaaacompanyahiresaanaoutsideafirmaoraindividualatoaperformaworkaratherat
hanahiringaemployees.
principleaofarights:aTheaprincipleathatahumanabeingsahaveacertainafundamentalarightsa(toalife,afreedom,aanda
theapursuitaofahappiness,aforaexample).aAakeyafactorainadeterminingawhetheraaabusinessadecisionaisaethicala
underathisatheoryaisahowathatadecisionaaffectsathearightsaofaothers,asuchaasaemployees,aconsumers,asuppli
ers,aandatheacommunity.
stakeholders:aGroups,aotherathanatheacompany’sashareholders,athataareaaffectedabyacorporateadecisions
.aStakeholdersaincludeaemployees,acustomers,acreditors,asuppliers,aandatheacommunityainawhichatheacorp
orationaoperates.
tripleabottomaline:aTheaideaathatainvestorsaandaothersashouldaconsideranotaonlyacorporateaprofits,abutaals
oatheacorporation’saimpactaonapeopleaandaonatheaplanetainaassessingatheafirm.a(Theabottomalineaisapeople,a
planet,aandaprofits.)
utilitarianism:aAnaapproachatoaethicalareasoningainawhichaethicallyacorrectabehavioraisarelatedatoaanaevalua
tionaofatheaconsequencesaofaaagivenaactionaonathoseawhoawillabeaaffectedabyait.aInautilitarianareasoning,aaa―
good‖adecisionaisaoneathataresultsainatheagreatestagoodaforatheagreatestanumberaofapeopleaaffectedabyathead
ecision.
[returnatoatop]
What's New in This Chapter
a a a a
Theafollowingaelementsaareaimprovementsainathisachapterafromatheapreviousaedition:
• Newachapteratitleaandachapter-
openingaintroductionascenarioadiscussingarecentatechnologyascandalainvolvingafinger-
prickabloodatestakits
• Newachapteraorganizationaandasubheadsathroughouta(includinganewaheadingsafor
―outsourcing‖a anda ―corruption‖)
• NewasectionaonaMakingaEthicalaBusinessaDecisionsaandanewamaterialsaonaSystematic
Approach:aIDDRa(―Iadesireatoadoaright‖)athatawillabeausedathroughoutatheatextatoaanalyzeaethics,aincl
udingainaallaofatheanewa―AaQuestionaofaEthics‖aproblemsainathearemainingachapters.
o Newa―ApplicationaofatheaIDDRaApproach‖asubsectionawithastep-by-
stepadiscussionaandasampleascenario.
• 1aNewaExhibita3–
1:aAnaAnalysisaofaEthicalaApproachesatoatheaSampleaDilemmaa(foranewaID
DRaApproach)
o 1aNewaTerma&aConcept
• outsourcing
• 1aNewaEthicsaTodayafeature—
4
website,ainawholeaorainapart
.
