Business Law & Ethics

The utilitarian approach takes all the stakeholders into consideration and prefers the “…option that does more good than harm to stakeholders”. (Ethics Video 1) In this case, Luke must analyze which decision will create the most value and benefit for the stakeholders which include some of the following: investors, employees, ABC’s reputation and partnerships, Owen, and the person buying the house from his brother.’

Mary McDonald, an 86-year-old woman, was frequently complaining about the high cost of maintenance of her house and high property taxes. She decided to cancel her fire insurance to reduce expenses. Mary’s daughter was aware of her mother’s concern about the property, and she took Mary to the lawyer’s office to sign some papers that would protect her mother. When Mary came to the lawyer’s office, she was advised that the paper she was going to sign was the deed to the property. Mary signed a document. Later on, when the municipal tax bill arrived, Mary McDonald was really surprised to see that the property was in her daughter’s name.

40. Principle of Law: In this case, Esposito hired Excel Construction Company to repair a porch roof. All terms of the agreement were specified in a written contract. And the dispute occurred when Excel had repaired the rear porch roof because in the agreement failed to specify whether it was the front or rear porch that needed repair. Under civil law, two parties here had signed a civil contract in writing. Because the contract failed to specify clearly front or rear porch roof, Excel completed its obligation and didn’t break the contract.

1. Due to Frank’s poor work ethics, it affects Hal’s job and position as the in-charge-senior.

A dealer sold a new car to Raymond Smith. The sales contract contained language expressly disclaiming liability for personal injuries caused as a result of defects in the car and limiting the remedy for breach of warranty to repair or replacement of the defective part. One month after purchasing the auto, Smith was seriously injured when the car veered off the road and into a ditch as a result of a defect in the steering mechanism of the car.

He wants to do what he thinks is right and what will be best for his family. Walter’s dream is to start a business – his own liquor store. Walter wants to succeed and wants a different job other than being a chauffeur. Walter argues, “I want so many things that they are driving me kind of crazy … Mama – look at me” (Hansberry 522). Walter wants more than a minimum salary and a crammed apartment. Walter is frustrated about how he is providing for his family. He wants more for himself and for his family. According to Walter, a successful business would result in more money and better housing for the Youngers.

There is a literal conflict between the state and the federal measures, so that it is impossible to follow both simultaneously.

1. Identify the ethical, strategic, operational, and financial issues in this scenario and list them in priority order from most to least critical.

To sum up what the utilitarian would do is simple. They would give the email to his parents to bring closure to the family and settle the situation for the one vice the whole. While knowing this would be an immoral decision because of the privacy restrictions involved. Taking my own feeling away as a mother, I would have to say that I would stand by deontological ethnic value. Protecting Justin’s right to privacy should be the first priority of the company, although it may seem to be insensitive and unjust to a single family, it is a way of providing security to the whole instead of the one and standing by what you guarentee. In all actuality there really is never an absolute winner in an ethnical decision, and in this situation it happens to be his parents who

Luke has a hard decision to make; he wants to be a good employee and a good brother. I do think you have to respect and honor your promises (in this case the commitment you have with the ABC Company) However, I could see myself in the position of wanting to help my

Again, Robert’s perceptiveness to space and his savvy instincts led him to looking beyond the hole in the floor in order to see the potential for a space that did not require a splitting of profits. In addition, Robert viewed a sign on another building—possibly while pondering ideas of a new space—that led him to obtaining information on the realtor needed to rent out a space that did not require sharing such a larger amount of their profit with which Robert was clearly not comfortable with. Therefore, their initial contact was no longer necessary as Robert circumvented her rental agreement in order to achieve their own arrangement for a space they could call their own. However, in order to acquire the space, Robert knew they needed a white

The current issue involves Luke, an employee of company ABC (ABC), and his conflict between obligations to work and to family. Luke is responsible for developing land purchased by ABC to construct an adult entertainment retail store. The future building is located at the corner of the neighborhood near where Luke’s brother, Owen, lives. Being an insider, Luke knows that the presence of the business will diminish values of surrounding houses considerably. The company plans to announce this plan publicly a month from today.

Business ethics refers to the consideration of moral decisions and responsibilities in the process of operating a business. Business ethics, practiced throughout the deepest layers of a company, become the heart and soul of the company 's culture and can mean the difference between success and failure. Values drive behavior and therefore need to be consciously stated, but they also need to be affirmed by actions. Ethical business environments are created with foundations of integrity, accountability and commitment.

Luke’s ethical dilemma is clear: The conflict that Luke faces is between disclosing confidential information about his company to his brother and being 100% and/or remaining loyal to his close family member. Luke is faced with the dilemma of choosing whether or not he should disclose workplace sensitive information about project plans of ABC. In conjunction with such, Luke must also decide if he should revile insider information, against company obligation policy, that the in expectation of the property value in the area is expected to go down drastically to his brother Owen.

Mrs. Turner has decided to start her own business running a private day nursery. It is