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