Week 5 - Ms. Krupetskiy Professor Wehmhoefer BA 495-E 30...

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Ms. Krupetskiy Professor Wehmhoefer BA 495-E 30 July 2009 Assignment #5 1. Employment at will has its pros and cons. Three arguments are commonly used when justifying employment at will: property rights of business owners, freedom of contract, and the need for an efficient business. 1 Property rights argument came from John Locke who stated that property was “a natural right,” thus labor (as a kind of property) satisfies “human needs.” 2 A pro to property rights argument is that employees are free to exercise the right of property ownership and leave as they wish. Thus, an employee who found a better paying job or simply a job with “more favorable terms” can take that job at any time, since he is not bound by any contract. A con to property rights argument is that there is no job security. 3 Thus, it could be dangerous to employees if the country is in recession, like it is now. If you lose a job, you may not be able to find one right away. Freedom of contract argument is based on Kantian ethical theory on respect for persons.
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Week 5 - Ms. Krupetskiy Professor Wehmhoefer BA 495-E 30...

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