Instructions
Actively read the textbook and review the website and document linked into the Learning Resources.
Complete the worksheet answers by thoroughly answering all questions using full sentences unless the question asks for a list or a chart.
Cite to your sources after each answer using the Bluebook citation form or MLA/APA, including the page number (Ex. 16) where you found your answer.
First time citing in an assignment: Sean Melvin, David Orozco, F.E. Guerre-Pujol, Business Law and Strategy 16 (McGraw Hill 2021).
Then use the short form Melvin at 16.
Questions
Chapter 2: Business, Societal, and Ethical Contexts of Law
1. Define ethics and briefly describe the three elements meant to embody fundamental notions of justice captured in the Lady Liberty statue.
2. Describe the various approaches to ethical decision-making: (a) Principles-Based, (b) Consequences-Based and (c) Contract-Based.
3. Read the case excerpt of Grimshaw v. Ford Motor Company, 119 Cal. App. 3d 757 (1981). Identify which approach to ethical decision-making you would have applied to this case if you were the judge. Explain why.
4. Describe the three schools of thought that define Corporate Social Responsibility.
5. Identify which CSR school of thought is demonstrated in Walmarts guidelines for attorneys during litigation. Explain.
6. Briefly describe the role of a Compliance Department in a business organization.
7. Review the Challenges and Realities in Business Ethics Table 2.1. Choose one Challenge/Reality that surprises you the most and explain why.
8. Briefly describe the common traits of codes of ethics in business. What is their purpose?
9. Identify the five steps in the Ethics Decision Making paradigm.
10. Briefly describe the difference between a Benefit Corporation and a traditional for-profit corporation. Provide an example of a Benefit Corporation.
11. In the case summary of Dodge v. Ford Motor Co., 204 Mich. 459 (1919) the Court stated, the corporation is a business, not a charity. How does this statement support the Courts decision?