Solution Manual for Business Law: Text & Exercises (Mind Tap Course List), 10th Edition

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

Hollowell




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, Business Law: Text & Exercises (MindTap Course List)
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Chapter 1 vf




Table of Contents
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PurposevfandvfPerspectivevfofvfthevfChapter ............................................................................................................ 2
CengagevfSupplements ................................................................................................................................................. 2
ListvfofvfStudentvfDownloads .................................................................................................................................... 2
ChaptervfObjectives......................................................................................................................................................... 2
KeyvfTerms .......................................................................................................................................................................... 2
What'svfNewvfinvfThisvfChapter ..................................................................................................................................... 3
ChaptervfOutline ............................................................................................................................................................... 4
DiscussionvfQuestions .................................................................................................................................................... 8
AdditionalvfResources ................................................................................................................................................. 10
CengagevfVideovfResources .................................................................................................................................. 10
Appendix ......................................................................................................................................................................... 10
GenericvfRubrics ........................................................................................................................................................ 10
StandardvfWritingvfRubric ...................................................................................................................................... 10
StandardvfDiscussionvfRubric ................................................................................................................................ 12




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, Business Law: Text & Exercises (MindTap Course List)
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Purpose and Perspective of the Chapter
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Thevfpurposevfofvfthisvfchaptervfisvftovfexaminevfthevfrelationshipvfbetweenvflawvfandvfethics.vfThevfch
aptervp
f resentsvfissuesvfinvolvedvftovfdeterminingvfthevfethicalvfresponsibilitiesvfofvfbusinessesvfandvf

providesvfstudentsvfavfframeworkvfforvfanalyzingvfandvfmakingvfethicalvfdecisions.

Cengage Supplements vf

Thevffollowingvfproduct-
levelvfsupplementsvfprovidevfadditionalvfinformationvfthatvfmayvfhelpvfyouvfinp
vf reparingvfyourvfcou

rse.vfTheyvfarevfavailablevfinvfthevfInstructorvfResourcevfCenter.

• PowerPointvfDeck

List of Student Downloads
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StudentsvfshouldvfdownloadvfthevffollowingvfitemsvffromvfthevfStudentvfCompanionvfCentervftovfcom
pletevtf hevfactivitiesvfandvfassignmentsvfrelatedvftovfthisvfchapter:

• PowerPointvfDeckvf(withoutvfteachingvfnotes,vfactivities,vforvfanswers)

Chapter Objectives vf

Thevffollowingvfobjectivesvfarevfaddressedvfinvfthisvfchapter:

1. Discussvfhowvfbusinessvfcanvfdiscouragevfunethicalvfbehavior

2. Explainvfthevfrelationshipvfbetweenvflawvfandvfethics

3. Comparevfduty-basedvfethicsvfandvfutilitarianvfethics

4. Identifyvfethicalvfproblemsvfinvfthevfglobalvfcontext

Key Terms
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businessvfethics:vfEthicsvfinvfavfbusinessvfcontext;vfavfconsensusvfofvfwhatvfconstitutesvfrightvforvfwro
ngvfbehaviorvfinvfthevfworldvfofvfbusinessvfandvfthevfapplicationvfofvfmoralvfprinciplesvftovfsituationsvft
hatvfarisevif nvfavfbusinessvfsetting.
categoricalvfimperative:vfAvfconceptvfdevelopedvfbyvfthevfphilosophervfImmanuelvfKantvfasvfanvfet
hicalvg
f uidelinevfforvfbehavior.vfInvfdecidingvfwhethervfanvfactionvfisvfrightvforvfwrong,vforvfdesirablevfo

rvfundesirable,vfavfpersonvfshouldvfevaluatevfthevfactionvfinvftermsvfofvfwhatvfwouldvfhappenvfifvfever
ybodyvfelsevfinvfthevfsamevfsituation,vforvfcategory,vfactedvfthevfsamevfway.
corporatevfsocialvfresponsibilityvf(CSR):vfThevfconceptvfthatvfcorporationsvfcanvfandvfshoul
dvfactve
f thicallyvfandvfbevfaccountablevftovfsocietyvfforvftheirvfactions.

cost-benefitvfanalysis:vfAvfdecision-
makingvftechniquevfthatvfinvolvesvfweighingvfthevfcostsvfofvfavfgivenva f ctionvfagainstvfthevfbenefitsvfofv

fthevfaction.

duty-
basedvfethics:vfAnvfethicalvfphilosophyvfrootedvfinvfthevfideavfthatvfeveryvfpersonvfhasvfcertainvfdutiesvf
tovfothers,vfincludingvfbothvfhumansvfandvfthevfplanet.vfThosevfdutiesvfmayvfbevfderivedvffromvfreligio
usvfprinciplesvforvffromvfothervfphilosophicalvfreasoning.

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