Contract Offer
COMING TO A HEAD
Legal and Ethical Issues in Business
Ethics in Business
Three normative ethical theories were developed in Western capitalist societies in guiding the ethical conduct of business (Fort, 2014). The stockholder theory considers the maximizing of profits as the sole objective of business and above all considerations. It does not recognize social responsibility. It is completely utilitarian and one-sided. The stakeholder theory considers the welfare and needs of customers, suppliers, owners and employees along with maximizing profit. When called for, it believes that the interests of stockholders should be sacrificed in order to insure its survival. It developed from Immanuel Kant's philosophy, which respects the dignity and participation of all people. And the social contract theory is the most widely used business theory. It draws from the 18th-century philosophies of Thomas Hobbes and John Locke. Their philosophies argued that business should be dedicated and committed to the interests of humanity itself. It should hold integrity as an inviolate principle. It must be built on social welfare and justice. It is characterized by very high standards of social responsibilities (Fort).
Dobson: the Virtue Concept in Today's Business Ethics
This concept is increasingly in use for two basic reasons (Dobson, 1994). One is because...
Contracts: Offer and Acceptance Client {Name}, known as "First Party," agrees to lease the Non-Linear Pro-system from Company x {Name}, known as "Second Party" on {date}. The Non-Linear Pro-system claims to require irregular upgrading and that it is easy to learn. Marketers guarantee retention of the system in maximum a day and a half. This agreement is based on the following provisions: Company x will bring their people in and train everyone who needs
Contracts Scenario On June 15, Peters orally offered to sell a used lawn mower to Mason for $125. Peters specified that Mason had until June 20 to accept the offer. On June 16, Peters received an offer to purchase the lawn mowe for $150 from Bronson, Mason's neighbor. Peters accepted Bronson's offer. On June 17, Mason saw Bronson using the lawn mower and was told the mower had been sold to
Contract learning is a form of learning (and teaching) that involves the student or mentee far more than usual in the formulation of assignments and curriculum. The teacher and student work together to come up with a series of assignments that the student agrees to complete, thus tailoring the course to their specific needs while giving them more motivation to complete the assigned tasks. Like any (relatively) recent development in
Contracts and Fraud Contracts are one of the cornerstones of our modern legal system. They are necessary to conduct reliable economic transactions between individuals. When people make a formal agreement such as buying a car they must be assured that the requirements of both parties will be fulfilled: the seller will receive his or her money and the buyer will receive a vehicle. A critical component of contract law is the
Contract Law- Offer and Acceptance Judgment for Zinni. According to §2-206 of the UCC, unless otherwise stated, an offer to make a contract is to be construed as inviting acceptance in any manner. Although Royal's form contained a clause that the order was not binding until accepted by the dealer or his authorized representative, the clause did not limit the method of acceptance. Both Zinni and Royal filled out a written
Contract Law In modern society, contracts have become an integral part of determining who is responsible for performing various actions in an agreement. It spells out the terms, conditions and how each party must behave in order for it to be enforceable under the law. To fully understand the way that this is occurring requires carefully examining key issues, the offer / acceptance / consideration, the different points-of-view and ethical issues.
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now