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

Miller, Business Law: Text & Exercises, 10e © 2023; Chapter 01: Introduction to the
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Law




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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, Miller, Business Law: Text & Exercises, 10e © 2023; Chapter 01: Introduction to the
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Law

INSTRUCTOR MANUAL xx




Business Law Text & Exercises, 10th Edition
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Chapter 1-43 xx




Chapter 1 xx




Table of Contents xx xx


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 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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Standard Discussion Rubric..................................................................................................................................12
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, Miller, Business Law: Text & Exercises, 10e © 2023; Chapter 01: Introduction to the
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Law


Purpose and Perspective of the Chapter xx xx xx xx xx



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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Cengage Supplements xx



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




List of Student Downloads
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Students should download the following items from the Student Companion Center to
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complete the activities and assignments related to this chapter:
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 PowerPoint Deck (without teaching notes, activities, or answers)
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Chapter Objectives xx


The following objectives are addressed in this chapter:
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1. Discuss how business can discourage unethical behavior
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2. Explain the relationship between law and ethics
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3. Compare duty-based ethics and utilitarian ethics xx xx xx xx xx




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




Key Terms xx



business ethics: Ethics in a business context; a consensus of what constitutes right or
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wrong behavior in the world of business and the application of moral principles to
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situations that arise in a business setting.
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categorical imperative: A concept developed by the philosopher Immanuel Kant as an
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ethical guideline for behavior. In deciding whether an action is right or wrong, or desirable
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or undesirable, a person should evaluate the action in terms of what would happen if
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everybody else in the same situation, or category, acted the same way.
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corporate social responsibility (CSR): The concept that corporations can and should act
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ethically and be accountable to society for their actions.
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cost-benefit analysis: A decision-making technique that involves weighing the costs of a given
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action against the benefits of the action.
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duty-based ethics: An ethical philosophy rooted in the idea that every person has certain
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duties to others, including both humans and the planet. Those duties may be derived from
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religious principles or from other philosophical reasoning.
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ethical reasoning: A reasoning process in which an individual links his or her moral
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convictions or ethical standards to the particular situation at hand.
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, Miller, Business Law: Text & Exercises, 10e © 2023; Chapter 01: Introduction to the
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ethics: Moral principles and values applied to social behavior.
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moral minimum: The minimum degree of ethical behavior expected of a business firm, which is
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usually defined as compliance with the law.
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outcome-based ethics: An ethical philosophy that focuses on the impacts of a decision on
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society or on key stakeholders.
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outsourcing: The practice by which a company hires an outside firm or individual to
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perform work rather than hiring employees.
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principle of rights: The principle that human beings have certain fundamental rights (to
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life, freedom, and the pursuit of happiness, for example). A key factor in determining
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whether a business decision is ethical under this theory is how that decision affects the
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rights of others, such as employees, consumers, suppliers, and the community.
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stakeholders: Groups, other than the company’s shareholders, that are affected by
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corporate decisions. Stakeholders include employees, customers, creditors, suppliers, and
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the community in which the corporation operates.
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triple bottom line: The idea that investors and others should consider not only corporate
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profits, but also the corporation’s impact on people and on the planet in assessing the firm.
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(The bottom line is people, planet, and profits.)
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utilitarianism: An approach to ethical reasoning in which ethically correct behavior is related
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to an evaluation of the consequences of a given action on those who will be affected by
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it. In utilitarian reasoning, a ―good‖ decision is one that results in the greatest good for
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the greatest number of people affected by the decision.
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[return to top] xx xx




What's New in This Chapter xx xx xx xx



The following elements are improvements in this chapter from the previous edition:
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 New chapter title and chapter-opening introduction scenario discussing
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recent technology scandal involving finger-prick blood test kits
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 New chapter organization and subheads throughout (including new headings for
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―outsourcing‖ and ―corruption‖) xx xx



 New section on Making Ethical Business Decisions and new materials on Systematic
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Approach: IDDR (―I desire to do right‖) that will be used throughout the text to analyze
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xx ethics, including in all of the new ―A Question of Ethics‖ problems in the remaining
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xx chapters.
o New ―Application of the IDDR Approach‖ subsection with step-by-step
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discussion and sample scenario.
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 1 New Exhibit 3–1: An Analysis of Ethical Approaches to the
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xx Sample Dilemma (for new IDDR Approach) xx xx xx xx xx



o 1 New Term & Concept
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 outsourcing
 1 New Ethics Today feature—
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