As mentioned in the previous ethical situation, the client who proposed to the bank with two different balance sheets, he thought that the bank won’t mind to accept his loan and the balance sheet as they would know that businesses don’t prefer to pay too much taxes. From the Bank point of view this is an unethical situation from the client, from the utilitarian point of view: first what “Utilitarian” means, the happiness and satisfaction of greater number of people, and an action is morally right when it’s consequences leads to an overall happiness. The bank here refused to give the client the loan, as the bank consider this situation as a fraud, and running from paying his obligations which are the taxes, so the bank chose to act in a legal and ethical way to give the Bank its reputation and support the Government. On other hand the Clients’ point of view is that he doesn’t benefit from the taxes paid to Government, explaining that in other countries people pay taxes to the Government and actually having lots of services like free education for their children, insurance, transportations, and many other facilities. But unfortunately here …show more content…
The bank in the interview explained to us his reply saying that “every unethical situation has a reason and explanation behind it and the person will try to convince you that he is right