Business Law Ethics
Ethical Challenges
Facts: The case involving Luke is showing the ethical challenges he is facing with the construction of an adult entertainment center inside his community. This is because he is aware of their plans prior to the public announcement and believes that property values will decline. At the same time, he has close personal relationship with his brother Owen. He has received an offer to sell his property above fair market value. However, Owen believes that there is a possibility he will receive a better price if he waited a few years for more favorable conditions.
The primary issue Luke is dealing with is if he should disclose to Owen the information he knows about the pending announcement. This will violate the confidentiality he has to his employer from working on the project. Yet, if he does not inform Owen about what is happening, there is a probability he will lose his profit margins. Moreover, Owen may not trust or believe in his brother, who failed to disclose this important information to him. The challenges for Luke are determining if he should let Owen know about the pending announcement or maintain confidentiality to his employer and the client.
Issue: The issue for Luke is the ethical conflicts he is facing. This is occurring based upon two different conflicts of interest. From the perspective of his employer, he is obligated to follow their policies of confidentiality and not disclose his knowledge of the project to anyone. If...
Business Law Ethics Special Directions for Cases 1 -- 5: The following cases have been carefully chosen to represent several of the most pressing ethical dilemmas facing American business today. When answering the questions at the end of each case, consider the ethical character trait or traits that would guide your decision-making. Avoid the theory of subjective ethics. Be less concerned with the "right" answer and more concerned with applying the
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