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Business Law

Ethics, Social Forces, and the law

QuestionAnswer
What is ethics? a philosophy dealing with the values and the nature of human conduct
What is a codified law laws that are created as the minimum standard of ethical behavior// or as long as it is legal, it is ethical
Universal Standards standards that are usually stemmed from religion that cannot be modified or changed by law
What is an example of natural law? When slavery was legal by law, however it violated the natural law for individual freedom
What is Immanuel Kant's view he does not allow resolution of an ethical dilemma where people are used as a pawn to another's benefit
What is the entitlement theory A rule made based on Robert Nozick's beliefs that everyone has a set of rights and it is up to the government to protect them
Ethical Egoism A theory made by Ayn Rand and Atlas stating we should act in our own self-interest and we should limit judgement to our own ethical egos
What do business stakeholders views look like they share economists views interested in preserving and keeping jobs, looking at how actions will affect multiple groups
Who is Bernie Madoff The mastermind behind the biggest financial Ponzi scheme in history
Created by: jblack124
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