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BLACKWELL CH2
BLACKWELL Chapter 2 Business Law--Ethics
| Term | Definition |
|---|---|
| ethics | Distinguishing between right & wrong in a reasoned & impartial manner. |
| impartiality | Making decisions that treat everyone the same. |
| business ethics | Principles of right/wrong used to make decisions regarding commercial transactions. |
| consequence-based reasoning | Determining what is right & wrong based on the results of an action. |
| The "Good" | A "standard" for judging right & wrong. |
| fundamental ethical rules | Decision-making model that evaluates only the act, and not its consequences. |
| universalizing | A mental test used to identify illogical/unethical actions. |
| moral rights | Legitimate claims on other people, which flow from each person's status as a human being. |
| majority rule | Ethical principle whereby rules/laws are adopted based on what is favored by the greatest number of people or their representatives. |
| civil rights | Personal, human rights recognized & guaranteed by our Constitution. |
| integrity | Doing what is right even under pressure to act otherwise. |
| civil disobedience | Open, peaceful violation of a law to protest its alleged injustice. |
| fidelity bond | Insurance policy that pays the employer money in the event of theft by employees. |
| scofflaw | One who does not respect the law. |
Created by:
Knightcoach53
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