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
s s s s
Chapter 1 s
Table of Contents
s s
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
s s s s s
Thespurposesofsthisschaptersisstosexaminesthesrelationshipsbetweenslawsandsethics.sTheschapters
presentssissuessinvolvedstosdeterminingsthesethicalsresponsibilitiessofsbusinessessandsprovidesss
tudentssasframeworksforsanalyzingsandsmakingsethicalsdecisions.
Cengage Supplements s
Thesfollowingsproduct-
levelssupplementssprovidesadditionalsinformationsthatsmayshelpsyousinspreparingsyourscourse.sT
heysaresavailablesinsthesInstructorsResourcesCenter.
PowerPointsDeck
List of Student Downloads
s s s
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
s s s s
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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