Smith and Roberson’s Business Law
17th Edition
ISBN: 9781337094757
Author: Richard A. Mann, Barry S. Roberts
Publisher: Cengage Learning
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Chapter 1, Problem 2CO
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To discuss: Differences between law and morals and law and justice.
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Explain the difference between ethics, morality, and the law.
What are laws? What is the constitution? What are the staturoy laws? Please provide an example as well.
Determine the difference between a moral code of conduct and ethical principles and behaviors.
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- In seven sentences provide descriptive definition of Ethics and Valuesarrow_forwardwhat is the difference between an immoral and an illegal act? provide and examplearrow_forwardAccording to the principle of ________, an act is considered to be morally right if it allows the decision maker to lead a "good life" by adhering to virtues like wisdom, honesty, courage, friendship, mercy, loyalty, modesty, and patience. A. ethics of duties B. ethics of rights C. virtue ethics D. utilitarianism E. egoismarrow_forward
- The concept of ethics deals with a. right and wrong conduct b. the wrongful act of children c. the financial status of human d. the profitability of a businessarrow_forwardCompare and contrast an employers primary legal and ethical responsibilities for their employeesarrow_forward1. What is an Ultra Vires act? How is it different from an illegal act? Explainarrow_forward
- Distinguish between justice and rights.arrow_forwardWhat is the difference Unified code of Conduct for Business and Explain itarrow_forwardwhat do the second paragraph of the Declaration of Independence mean. Why did our founders want to see these changes implemented and what values are reflected? “1) We hold these truths to be self-evident, 2) that all men are created equal, 3) that they are endowed by their Creator with certain unalienable Rights, 4) that among these are Life, Liberty, and the pursuit of Happiness.— 5) That to secure these rights, Governments are instituted among Men, 6) deriving their just powers from the consent of the governed, 7) --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute a new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.”arrow_forward
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