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BLE Quiz

Business Law &Ethics Quiz

QuestionAnswer
Difference between Law & Ethics Society has instituted law that tells us certain conduct is unacceptable and will give punishment. Law cannot give punishment for unethical behavior.
Law Rules created by governing body of a society to maintain harmony, stability and justice in that society.
Morals Values that govern society's attitudes between right and wrong.
Ethics Developing a way of determining what values aught to be or act, embraces characteristics of honesty, fairness, compassion, integrity.
Free Market Ethics Don't care about people, want money
Utilitarianism Greatest good for most people
Deontology Yes or No depends on what's right, black and white, no gray
Virtue Ethics Patience is virtue, honesty, increase moral
Ethics of Care Care for one another, groom relationships
Mix Law & Ethics Changing morals impacts our value system, what we "value" impacts society, society impacts formation of law.
Federal Laws United States Code
Commercial Transaction Laws Uniform Commercial Code
Wisconsin Laws Wisconsin State Statutes
Ethical Decision Making Model Define Problem, Get Facts, Think Long Term, List Options, Imagine Consequences, Imagine Benefits, Another Pair of Shoes, Live with Decision, Act, Follow up
Created by: BreAnna Hegeman
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