1. Export capital for production abroad: According to Shaw and Barry, deciding what sort of economic arrangements would best promote human happiness requires the utilitarian to consider many things. It is unethical to export capital for production abroad because this capital can be used for production facilities domestically and by exporting this capital, the opportunity is available for local and domestic use is restricted. Each person is to have an equal right to the most extensive total system
Words: 1340 - Pages: 6
In the movie Henry'jjjjjjjjjjjjjs Daughters, the actions of several characters break the code of ethics as defined by the Institute of Electrical and Electronics Engineers (IEEE). As Henfasssssssjjssssssry's daughters Julie and Laura compete against one another for the SANSHANDS contract sponsorejjjjjjjjjjjd by the Department of Transportation, both sides commit ethical violations. Also, the father Henry, who is a powerful lobbyifassssssssssssssst with many connections in the industryfsaaaaaaaaa
Words: 362 - Pages: 2
(1) What is the point at which a legal agreement is said to have occurred? Intend to contract. (2) What is the difference between an enforceable, unenforceable, express and implied contract? Unenforceable Agreement occurs when the parties intend to form a valid bar-gain but a court declares that some rule of law prevents enforcing it. Voidable Contract Occurs when the law permits one party to terminate the agreement. Void Agreement is one that neither party can enforce, usually because the purpose
Words: 3875 - Pages: 16
Prepared for: Potomac College MGMT 450 – Contract Modification and Options Final Exam As a country, the United States has many needs to obtain goods, services, and real estate. These needs are addressed through acquisition by contract. Through purchase or lease, the Federal Government contractually procures supplies, services, and interests in real property. While Federal Government contracting has the same elements as contracting between private parties, i.e. a lawful purpose
Words: 1401 - Pages: 6
Guillermo Furniture Store Guillermo Navallez (Navallez) has several important decisions to make regarding the future of Guillermo Furniture Store (GFS). Computations of return on investment, residual income, economic value-added data, and break-even analysis provide insight for decision-making and development of optimal performance measures. Choosing the most lucrative course of action requires analyzing cost relationships and behaviors, developing a management control system that helps set
Words: 1681 - Pages: 7
maximum amount while producing the smallest amount of damage or averting the maximum amount of anguish. It embraces that every person’s concern should be measured equally when making the decision. For any group of alternatives it would assess the most ethical alternative as the alternative which generates the greatest equilibrium of gains over damage for the most stakeholders. Outcomes maybe measured in expressions such
Words: 1623 - Pages: 7
Ethical Issues in Mergers and Acquisitions MERGERS AND ACQUISITIONS-AN OVERVIEW: The phrase mergers and acquisitions (M&A) refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling and combining of different companies that can aid, finance, or help a growing company (in a given industry) grow rapidly without having to create another business entity. In legal terminology, mergers and acquisitions can be defined as follows: • Merger: A full
Words: 1214 - Pages: 5
Mutual Mistakes in Contract Law Caryn Williams Southern New Hampshire Business Law MBA--610-X4247 Geri Drelling July 13, 2014 Mutual Mistakes in Contract Law From a personal perspective, this situation is somewhat close to home. I worked as car sales professional for a year and learned many things about the process. In my opinion, Mr. Hartly should have done a bit more research about the models available. In my experience, the consumers I dealt with were more knowledgeable about the products
Words: 677 - Pages: 3
believes that whatever an individual says is right for that particular individual is called a _____ Relativist Hume believed that the only kind of truth that can be known is a _____ Truth Subjective The notion of ethical _________which is often mistaken and confused with Ethical relativism, doubts that any acts are right or wrong. | | Skepticism Moral decisions, determinations, and judgments are acknowledged and established in a cultural context, and these positions are subject to change
Words: 1397 - Pages: 6
the right form of action, this could often involve rejecting the route which would lead to the biggest short-term profit. An ethical business may choose the next best ethical form of action to ensure the image of the business is not hindered in any form. Various arguments arise of people under the opinion that caring about moral standards or following under the ethical criteria does not build profits. They believe, to ensure profits, a business should only produce the needs of society and should
Words: 1335 - Pages: 6
