Lecture Business law with UCC applications (13/e) - Chapter 1: Ethics, social responsibility, and the law. The main goals of this chapter are to: Define law and morality, distinguish among natural law, positive law, and negative rights theory explain ethical relativism, describe social contract theory, outline the steps in applying utilitarianism, define rational ethics,...
Business Law with UCC Applications,13e Ethics, Social Responsibility, and the Law Chapter McGrawHill/Irwin Copyright © 2013 by The McGrawHill Companies, Inc. All rights reserved Learning Objectives Define law and morality Distinguish among natural law, positive law, and negative rights theory Explain ethical relativism Describe social contract theory Outline the steps in applying utilitarianism Define rational ethics 12 Learning Objectives (cont.) Explain the dual nature of ethics in government Outline the arguments supporting social responsibility Explore the need for law in our society 10 Clarify how the law and ethics are usually in harmony with one another 13 Ethics, Social Responsibility, and the Law • Defining the Law, Morality, and Ethics – The Law and Morality – Values and Ethics – Natural Law Theory – Positive Law Theory – Negative Rights Theory – Ethical Decision Making 14 Ethics, Social Responsibility, and the Law • Ethical Theories – Ethical Relativism – Social Contract Theory – Utilitarianism – Rational Ethics 15 Ethics, Social Responsibility, and the Law • Ethical Relativism – Shortcomings of Ethical Relativism – Situational Ethics 16 Ethics, Social Responsibility, and the Law • Rational Ethics – The Golden Rule and Rational Ethics – The Logical Premise of Rational Ethics 17 Ethics, Social Responsibility, and the Law • Ethics and the Government – The Ethic of Ultimate Ends – The Ethic of Responsibility 18 Ethics, Social Responsibility, and the Law • Social Responsibility in the Business Sector – The Traditional Corporate Culture – Reasons for Social Responsibility – Efforts to Promote Social Responsibility 19 Ethics, Social Responsibility, and the Law • Reasons for Social Responsibility – Legal Advantages Granted the Corporation – The Impact of Corporate Decision Making – Enlightened Corporate Self-Interest 110 Ethics, Social Responsibility, and the Law • The Relationship between Law and Ethics – The Need for Law in Our Society – Ethical and Legal Harmony 111 ... Corporate Self-Interest 1? ?10 Ethics, Social Responsibility, and the Law • The Relationship between Law and Ethics – The Need for Law in Our Society – Ethical and Legal Harmony 1? ?11 ... society 10 Clarify how the law and ethics are usually in harmony with one another 1? ?3 Ethics, Social Responsibility, and the Law • Defining the Law, Morality, and Ethics – The Law and Morality – Values... Rational Ethics 1? ?5 Ethics, Social Responsibility, and the Law • Ethical Relativism – Shortcomings of Ethical Relativism – Situational Ethics 1? ?6 Ethics, Social Responsibility, and the Law • Rational