Business Law

Front 1

we must not usually base our decisions on emotions but on:

Back 1

reason of making ethical decisions

Front 2

deciding what is right or wrong action in a reasoned, impartial manner

Back 2

ethics

Front 3

idea that the same ethicalk standards apply to everyone

Back 3

impartiality

Front 4

in _______ rightness or wrongess is based only on results of an action

Back 4

consequential ethical reasoning

Front 5

laws reflecting desires of majority may still be

Back 5

unjust

Front 6

consequence and rule based reasoning reach same conclusion for

Back 6

almost all ethical reasoning

Front 7

person who does not respect the law

Back 7

scofflaw

Front 8

a consistent rule to ensure order in a predictability does not need to be

Back 8

completly fair

Front 9

to involve ethics a desision must effect you or orhters in

Back 9

some significant way

Front 10

steps in consequential reasoning

Back 10

(not does include universalizing)
1. describe alternative actions that would improve things
2. describe the consequences flowing from each alternative
3. the consequences for each alternative must be evaluated

Front 11

when dealing with institutions being impartial means

Back 11

considoring how people behind instituions are affected by our actions

Front 12

standard for judging right and wrong

Back 12

the good

Front 13

mental test to identify illogical actions

Back 13

universalizing

Front 14

in fundamental ethical rules the standard from judging comes from

Back 14

a recognized authority or human reasoning

Front 15

rules based ethics is most reflected in our legal system through

Back 15

court decisions

Front 16

consequential ethics is most relected in our legal system through

Back 16

majority rule

Front 17

we are obligated to obey the law but not because

Back 17

it is always in our aself interest to do so

Front 18

the acts themselves are judged as right or wrong

Back 18

rule based ethics

Front 19

firm determines the price and output level that returns the greatest profit

Back 19

profit mnaximazation