Preview

Business Law Journal Entry

Satisfactory Essays
Open Document
Open Document
288 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Law Journal Entry
Journal Entry – Business Law Mr. Robert Menendez has recently raised concerns over his possible unethical behavior while residing as the New Jersey state Senator. There are many moral ethical issues, as well as one particular contract with Dr. Melgen that may be an issue. His poor ethical choices can be related to his possible egoism. (All parties are innocent until proven guilty.) Ethics is the study of an individual’s character with regards to their choices of right and wrong as assumed by the community (Nickels, McHugh, and McHugh 2012). Egoism is a type of behavior that unethically views one’s self-interest with the morality of the organization. Menendez’s use of Dr. Melgen’s personal jet for personal vacation to be reimbursed by the organization and his forceful contract for Dr. Melgen’s port are both examples of this behavior (Rosenthal 2013). Furthermore, the contract regarding the port could potentially be a defective agreement. According to our lecture slides, the United States of America (USA) could be an injured party. The contract, which was forced by Menendez, bind a Dominican Republic firm (which Dr. Melgen was part owner) and the USA regarding port entry. If product that was endangering USA civilians been allowed into the country, the contract would be defective and nulled based on the loss incurred by the USA. The jury will need to find that Robert Menendez knew his actions were wrong and not consistent with ethical principles. If the answer to these questions is yes, Menendez will be found unethical. References
Andrew Rosenthal. (2013). Mr. Menendez’s Ethics Problems. Retrieved February
8, 2013, from www.newyorktimes.com
William G. Nickels, James M. McHugh, and Susan M. McHugh (2012). Business Connecting
Principles to Practice. New York: McGraw-Hill


References: Andrew Rosenthal. (2013). Mr. Menendez’s Ethics Problems. Retrieved February 8, 2013, from www.newyorktimes.com William G. Nickels, James M. McHugh, and Susan M. McHugh (2012). Business Connecting Principles to Practice. New York: McGraw-Hill Irwin
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Better Essays

    Ethical Responsibilities of a Healthcare Manager
    • 1231 Words
    • 5 Pages

    Ethical Responsibilities of a Healthcare Manager

    Healthcare managers develop a personal code of ethics at the beginning of their career. When developing the code of ethics they are affected by many aspects in life. Healthcare covers many different individuals and calls for educating them as well. Managers have to solve many ethical problems. “Both nascent and experiences health services managers use numerous sources to develop and refine their personal ethic. Chief among them are professional codes of ethics; organization values and culture; educational socialization; and the association and pressure of peers, subordinates, and superiors” (Darr, 2011).…

    • 1231 Words
    • 5 Pages
    Better Essays
    Read More
  • Good Essays

    Business Law Case Brief
    • 1158 Words
    • 5 Pages

    Business Law Case Brief

    Statement of Facts: On 8 May 2015 David Smith drove his car through a red light. Afterwards, he then plowed into Ms. John Doe’s car, mangling it beyond repair. Fortunately, Ms. Doe escaped with minor scratches and bruises, even though she was seven and one-half months pregnant. Four days later she delivered a stillborn infant. The operating physicians concluded the unborn baby had died from injuries sustained in the accident. Ms. Doe had seen Dr. Horace Mann at her regularly scheduled check-up approximately two weeks before the accident. His records show Ms. Doe was in good health and the child’s condition was “normal” for one conceived about seven months earlier. Dr. Mann thinks the baby was probably capable of a separate existence outside the womb.…

    • 1158 Words
    • 5 Pages
    Good Essays
    Read More
  • Good Essays

    Business Law
    • 911 Words
    • 3 Pages

    Business Law

    2. State whether the following provisions in a note impair or preclude negotiability, the instrument in each instance being otherwise in proper form. Answer each statement with either “Negotiable” or Nonnegotiable” and explain why.…

    • 911 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Business Law Chapter Review Paper
    • 2514 Words
    • 11 Pages

    Business Law Chapter Review Paper

    Answer: The parties to do or not do a specific thing must base it on a mutual agreement. Parties who are competent to enter into a contract that will be enforceable against both parties must make it. The promise or obligation of each party must be supported by consideration. It must de for a lawful purpose the contract must not be illegal such as the unauthorized buying and selling of narcotics. The contract must meet certain formal requirements such as being in writing or under seal.…

    • 2514 Words
    • 11 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    How Did Robert Menendez Influence Politics
    • 237 Words
    • 1 Page

    How Did Robert Menendez Influence Politics

    Senator Robert Menendez is an astute political player who knows how to pitch his tent in the right places so as to gather sympathy, love and support from the electorate. This is evident in his interest and position on hot national topics like Gay marriage right issues, immigration issues and foreign policy issues. His supporters believe that he would most likely to sponsor more bills in this area if reelected, one reason why they are ever so willing to vote for him against anyone else. The people are also very familiar with him and how he represents him hence the ‘devil you know’ sentiment might be a strong factor here.…

    • 237 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Better Essays

    Burro Genius Book Analysis
    • 987 Words
    • 3 Pages

    Burro Genius Book Analysis

    Borgmann, A. (2006). Real American Ethics: Taking responsibility for our country. Chicago, IL: University of Chicago Press.…

    • 987 Words
    • 3 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    Business Law
    • 383 Words
    • 2 Pages

    Business Law

    References: Miller, R. L., & Jentz, G. A. (2010, 2007). Fundamentals of Business Law (8th ed.). Mason, Ohio, United States of America: South-Western Cengage Learning.…

    • 383 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Nca Ethics Case Study
    • 1257 Words
    • 6 Pages

    Nca Ethics Case Study

    Ethics in any profession are vital. In the modern day, professionalism is under serious threat from unethical behaviors. These unethical behaviors are driven by the greed for power and personal whims by people in power. In any case, unethical behaviors have been rampant especially where power is involved (Zehir, et al., 2014).…

    • 1257 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Business Entities, Laws, and Regulations Paper
    • 1476 Words
    • 6 Pages

    Business Entities, Laws, and Regulations Paper

    There are different scenarios with three different forms of entities that require taking control, taxation, and possible liability issues into account. These considerations will not only serve to ensure compliance is met but also so that each establishment is protected. In the first scenario Lou and Jose plan to open a restaurant/sports bar, the issue is that they have not accumulated of the money, but Miriam, a prosperous investor is willing to contribute the funds although she doesn’t have time to be physically involved in the business. In the second scenario Frank happens to be a wealthy investor who has a strategy to open up a chain of exterminating businesses throughout the United States. The third scenario is Akiva and Tara wants to open a licensed obstetrician office, they will take out a loan for startup costs. The fourth and final scenario a construction company is hiring and has specific job requirements that must be met in order to be selected as the final candidate.…

    • 1476 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Good Essays

    Business Entities, Laws, and Regulations Paper
    • 841 Words
    • 4 Pages

    Business Entities, Laws, and Regulations Paper

    Starting a business requires some research on licensing, state laws and regulations and finally getting things started. It also requires looking into the business entities, taking control, taxation, and of course taking liability issues into consideration. It is important for the business to be able to protect itself. In this paper, an extermination business, a restaurant/bar business and a construction scenario will be discussed based on the requirements of stating a successful business.…

    • 841 Words
    • 4 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Weekly Topics
    • 257 Words
    • 2 Pages

    Weekly Topics

    “A good lawyer can make anything ethical, given enough money and political influence” – discuss pro and against.…

    • 257 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Better Essays

    Moral Philosophy
    • 1295 Words
    • 6 Pages

    Moral Philosophy

    * Ethical Egoism: an action is morally right if the consequences of the action,right or acceptable behavior in terms of consequences for the individual…

    • 1295 Words
    • 6 Pages
    Better Essays
    Read More
  • Powerful Essays

    Why Should We Be Ethical? the Relevance of Ethics in Life
    • 8687 Words
    • 35 Pages

    Why Should We Be Ethical? the Relevance of Ethics in Life

    As Albert Schweitzer puts it “Ethics is nothing else but reverence for life”. The introduction of ethics in our life is an unconscious process but the dilemma that it creates leaves us with a lot of introspection to do. We introduce our topic by discussing about whether ethics is about right and wrong and if it is then what are the standards that govern the righteousness, which leads us to the question if there are just two stands that a person can take i.e. being ethical or unethical or is there a grey area in between. We take a critical view on whether the concept of ethics is a quest for reputation, wherein our decisions are influenced by socially acceptable norms or is it a set of beliefs that we actually carry. The increasing media scrutiny over the recent corporate and political scandals has brought to our attention the existence of unethical practices on a wide scale in public and private life and has sensitized the public to the need for a debate on the necessity for a formal framework on ethical practices. In this world of cut throat competition are ethics and practicality at conflict with each other or do they complement each other.…

    • 8687 Words
    • 35 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Personal Ethics Development
    • 1149 Words
    • 5 Pages

    Personal Ethics Development

    Although the term “ethics” is defined as the foundation for determining the right course of action to take for a given situation, individual perception of what is right or wrong is truly what influences ethical decision-making outcomes. However, it is through the development of one’s personal ethics that shapes his or her perception and interpretation of what ethics means. The purpose of this paper is to examine Andrew Tolliver’s personal ethical system and ground rules. In addition, the effect that his ethics has on his performance and his understanding of the need for ethics in organizations will be explored.…

    • 1149 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Professional Ethics
    • 10575 Words
    • 43 Pages

    Professional Ethics

    Ethics is a branch of philosophy that studies the difference between right and wrong. At some point in time everyone is faced with the difficult task of having to make an ethical decision. The decisions professionals make however are faced with great responsibility as the consequences of their actions impact not only the decision maker but also affects various stakeholders. The unethical decisions made by the CEO of one company not only affected his reputation but also had far reaching effects on the employees of the company and the shareholders who had invested large amounts of resources into the company. This incident illustrates the anarchy which can take place when professionals fail to abide by ethical codes of conduct. This paper is aimed at examining various professions and their respective codes of ethics. Some of the ethical issues involved in these various professions shall be highlighted and…

    • 10575 Words
    • 43 Pages
    Powerful Essays
    Read More

Related Topics