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Unit 3:

Legal, Ethical, and Social Obligations of Business

TermDefinition
Business Ethics The application of the principles of right and wrong to issues that come up on the workplace.
Code of Ethics The level of ethical behavior demanded by an individual, a business, or culture; a set of guidelines for living morally.
Copyright The legal right to exclusive publication, production, sale, or distribution of a literary or artistic work.
Ethics The study of moral choices and values; guidelines for human behavior, especially in situations involving honest, integrity, and fairness.
Patent The Legal Document that gives an inventor the sole right to produce, use, and sell an invention.
Trademark A name, symbol or special mark that can be used only by certain business to identify itself or something it sells.
Created by: isai003
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