Business law ethics quizlet

  • What is business ethics explain the term?

    Cambridge dictionary defines business ethics as “the rules, principles, and standards of deciding what is morally right or wrong when working.” So, business ethics refers to the implementation of appropriate business practices and policies in the workplace..

  • Why is business ethics important in business law?

    By definition, business ethics refers to the standards for morally right and wrong conduct in business.
    Law partially defines the conduct, but “legal” and “ethical” aren't necessarily the same.
    Business ethics enhances the law by outlining acceptable behaviors beyond government control..

  • Business ethics applies only to the owners, operators, and employees of corporations.
    Acting in good faith gives a business firm a better chance of defending its actions in court.
    Managers must apply different standards to themselves than they apply to their employees.
Rating 4.5 (2) Created to regulate business, although its original focus was on antitrust law, it now regulates a wide range of business activities that affect consumers, 
Rating 4.5 (2) They fall into three categories: -Public Policy: prohibits employer from firing someone for a reason that violates basic social rights, duties, and 

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