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k0ka [10]
3 years ago
15

Why might legal rules be insufficient for fulfilling one’s ethical responsibilities? Research current events to identify and bri

efly describe a case in which a business person has done something legally right, but ethically wrong. Also, identify and describe a situation in which a business person might have acted in a way that was legally wrong but ethically right.
Business
1 answer:
Sidana [21]3 years ago
4 0

Legal norms and ethical norms are not same and sometimes not agreeable also. Some ethical norms may be wrong legally but some legal norms may be wrong ethically.

<u>Explanation:</u>

The law is set of rules that guide our conduct in society and enforceable through public agencies. For business environment, law provides important guide to make ethical decision making. But sometimes the norms which are ethically right are illegal and sometimes legal norms are unethical.

The example of cases which are ethically right but legally wrong are cheating in taxes or driving over the speed limit or spitting by the road side. The example of cases which are ethically wrong but legal right are falsifying financials, misleading markets and many more.

You might be interested in
Why do you think governments frequently attempt to control apartment rents but not house prices?
maw [93]
Governments often control apartment rents because many middle- and low-incomeearners prefer living in rental homes while wealthy people prefer buying houses. Thepurchasing power of rental apartments is high since the middle- and low-income earnersconstitute a higher percentage of the earning population
7 0
2 years ago
A very small country's gross domestic product is $12 million.
Alekssandra [29.7K]

Answer:

The amount of net exports of goods and services is -$1 million.

Explanation:

The gross domestic product (GDP) is equal to the total value of the products and services that are produced in a country in a specific period of time. In this case, we will have that GDP would be:

GDP= I+G+NX

I= investment

G= government expenditure

NX= net exports

Then, we replace the formula and isolate NX:

$12=$5.5+$7.5+NX

NX= $12-$5.5-$7.5

NX= -$1

4 0
3 years ago
Instead of spending the weekend working on the research paper due at the end of next week sam decided to spend the weekend going
inna [77]

Answer:

the id

Explanation:

In simple words, the id can be understood as the root of all psychological bravery, as per Freud 's philosophy, rendering it the essential component of identity. The ID is motivated by the concept of immediate satisfaction of all wishes, desires and desires. If these needs are not immediately fulfilled, the effect is a state of discomfort or stress.

Thus, from the above we can conclude that the correct answer is the id.

6 0
3 years ago
you are purchasing a used car and will make 5 annual payments of $3,500 starting one year from today. if your funds could be inv
Jet001 [13]

The present value of the car is $13,614 for funds invested at 9% and annual payments of $3,500 starting one year from today.

Using the Excel Present Value formula, which reads as follows, one can calculate the car's present value:

The formula is PV (rate, n per, PMT, fv, type)

where as,

After that rate is 9%

In that case, n per is equal to 5 years.

The PMT now requires $3,500 in annual payments.

FV then stands for Future Value, which is not provided.

But Type is 0

Then we are putting the values of annual payments above:

Now put the value is = PV(9%,5,-3500,0)

After that = $13,613.78 or $13,614

Consequently, the car's present value is $13,614 in total.

learn more about  Present Value here

brainly.com/question/28304447

#SPJ4

4 0
1 year ago
The Porch Cushion Company manufactures foam cushions. The number of cushions to be produced in the upcoming three months follows
yKpoI14uk [10]

Answer: 25,200 pounds

Explanation:

Your question is incomplete as it lacked the first part. I attached a completion that I found.

The company has a policy that the ending inventory of foam each month must be equal to 30% of the following month's expected production needs.

This means that in August, the Opening inventory will be 30% of what was is needed in August and the Closing Inventory will be 30% of what is needed in September.

Remember that each cushion requires 2 pounds of foam as stuffing.

Pounds required in August

= 12,000 cushions * 2

= 24,000 pounds

Opening Stock

= 30% * (12,000 * 2)

= 7,200 pounds

Closing stock

= 30% * ( 14,000 * 2)

= 8,400 pounds.

Foam needed to be purchased in August = Pounds required tonbe produced + Closing Stock - Opening Stock

= 24,000 + 8,400 - 7,200

= 25,200

25,200 pounds of foam are what The Porch Cushion Company needs to purchase in August.

7 0
3 years ago
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