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Business Ethics Essay Example

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Business Ethics Essay Example
31: Constitutional, Contract, Criminal, Evidence, Property and Tort Law

32: List and explain Nash’s, Drucker’s, Buffet’s, Blanchard's and Peale’s comprehensive approach for resolving ethical dilemma
Drucker: “Above all do no harm.” Intentionally making decisions that will not do harm will encourage ethical decision-making.
Buffet: front-page-of-the-paper test, it supports critical thinking to envision how the decision may look on the front page of a paper before making the final decision. Blanchard and Peale: three- question test: “Is it legal?” “Is it balanced?” and “How does it make me feel?”
Nash: a comprehensive model allows for the incorporation of perspective, alternative views and historical consideration in the decision making process.

33: What is one of the key features and main components for understanding law?
-Critical thinking, the goal is to eliminate the hypothetical and to concentrate on the fact.

34: What is legal reasoning?
-Legal Reasoning is the process used by judges in deciding what law applies to a given dispute and then applying that law to the specific facts or circumstances of the case.

35: What shapes, at least to some extent, the process of legal reasoning?
- Personal beliefs and philosophy

36: Issue —the issue is the main question of fact that is present in the case.
1. Read the case 2. Note the questions at hand 3. Order the issues logically if more than one is present.

Rule —the rule is the application of law to the issue(s) spotted. Approach this step like an algebraic equation and show all parts of the rule applied. The law is a hand, not a finger. Always remember to spell out all the elements of the law (hand) and don’t just give one point ( finger).
1. What the rule is 2. How the courts apply the rule 3. What the limitations of the rule are.

Application —theprocessofapplyingtheruleandexplainingthethoughtprocessinalogical way. Remember, this is not the conclusion.
1. How the rule should be applied

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