Business law and business ethics

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Business Law

1. Today, there are several options for people who want to pursue a legal claim. This includes filing a lawsuit in court, but also includes alternative forms of dispute resolution (referred to as ADR) such as mediation and arbitration. In both mediation and arbitration, the dispute is resolved outside of court, with the main difference being that mediation requires the parties to voluntarily agree to a resolution, while arbitration requires the parties to abide by the decision of a private arbitrator.

For this discussion, choose one of the disputes listed below and explain whether you think the best way to resolve it is through a lawsuit, mediation, or arbitration.

A woman is passed over for promotion and instead the job is award to a man with less experience. She believes that this is a case of sex discrimination.

A truck driver is hit by a motorist who ran a stop sign and will be in the hospital for several months and does not have any savings or disability benefits.

A child is injured when a very popular folding high-chair collapses, and it appears that the high-chair was improperly designed and unable to reliably support the weight of the average infant.

Business Ethics

2. White collar crimes are financially motived non-violent crimes. Review the following articles that deal with white-collar crimes and be prepared to answer the questions that follow.

Stewart Guilty of All Charges found here.

How Bernie Madoff's Scheme Worked found here.

After reviewing these articles how would you apply the following ethical theories to one (1) of these articles?

Kantian

Utilitarian

Consequential

Non-Consequentialist

Reference no: EM132386470

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