changes. 2. Discuss the current state of business ethics in the twenty-first century. Give specific examples of ethics used by businesses within the past five years. 3. Why is ethical misconduct more difficult to overcome than poor financial performance? Do some stakeholders suffer more from ethical misconduct than from poor financial performance? Explain. 4. List three business problems‚ situations‚ or opportunities that you believe are ethical issues. Explain why. 5. According to the
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financial instrument‚ or are they ethical but misused in a way that created ethical issues? 2. Discuss the ethical issues that caused the downfall of Countrywide Financial. 3. How should Bank of America deal with potential ethical and legal misconduct discovered at Countrywide? Countrywide Financial: The Subprime Meltdown In my opinion I think subprime loans is an ethical in some ways but for the most part it’s got misused. One way that I think subprime
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because of her refusal to appear before the disciplinary board‚ she was found guilty of misconduct. Upon her appeal to the Office of the President and after review‚ Cory issued AO 122 which declared Santos guilty of dishonesty. She was then removed from her post and was replaced. ISSUE. Whether or not Santos was rightfully removed from her post. HELD. Evidence showed that Santos is not guilty of misconduct or dishonesty. In fact what she did was beneficial to the government for she helped save
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In Genesis several of the stories were misconduct‚ although the result of them shows the act of forgiveness. Starting with The Fall in Genesis God created the men‚ Adam and the woman‚ Eve they both had a command from above “From every fruit of the garden you may surely eat. But from the tree of knowledge‚ good and evil you shall not eat‚ for in the day you eat from it‚ you are doomed to die.”40 Unfortunately Eve decided to listen to the serpent to eat fruit from the garden and gave some to her man
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1. Was Continental’s conduct illegal under the Sherman Act? Why or why not? Under the Sherman act‚ Continental’s conduct was illegal because they were engaged in predatory pricing. This was caused by lowering their actual cost of bread for a temporary period to drive their competitor’s out of business or in this case‚ less shelf life or prominence in the stores.. 2. Is predatory pricing a per se violation? (Support your answer with an example from the Internet). As per the text (pg 539)
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Hate crime‚ also known as bias crime‚ is a criminal act committed against a person‚ property‚ or society which is motivated by the perpetrator ’s bias against a race‚ religion‚ disability‚ sexual orientation or ethnicity/national origin. Congress enacted the Hate Crime Statistics Act of 1990 on April 23 of that same year in response to growing national concern over crimes motivated by bias. The Act requires the Attorney General to "collect data about crimes that show evidence of prejudice based
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distrust‚ after “appearance of corruption or other misconduct" have been revealed to the public through the press. Although today’s political corruption has been decreased in public office‚ the U.S Constitution created a system called "checks and balances to limit executive corruption." Before the introduction of the current system designated by The U.S Constitution‚ during election time in the 19th century the "appearance of corruption and misconduct" was frequent‚ but few cases were taken into account
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requirements for ethics and compliance programs are standards and procedures ‚ such as codes of ethics‚ that are reasonably capable of detecting and preventing misconduct ; high level personnel who are responsible for an ethics and compliance program; substantial discretionary authority given to individuals with a propensity for misconduct; standards and procedures communicated effectively by ethics training programs; systems to
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Krystal Klosowski Business Ethics Rasmussen College Ethics Today It would probably be a bit of an understatement to say that the study of Ethics has changed over the past thirty years. Before the 1960’s most discussions on ethics was generally a direct result of personal or religious beliefs. The organized religions often examined how companies would run. This would include the rights of workers‚ work environment‚ and how much they got paid. During the 1960’s political venues began to
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Statutory Rape A’ram Christopher Criminal Law Professor James Barney Statutory Rape Introduction Statutory rape is usually defined by the state law concerned. However‚ statutory rape is distinguished from other forms of rape in that the victim must necessarily be below the age of consent and that lack of consent is not a requisite to the crime on the common understanding that a person below a certain age lacks the capability to give an informed consent. Prior to the development of modern
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