Chapter 3 Assignment Answers.

Chapter 3 Assignment Answers. - Business Law I Chapter 3...

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Business Law I Chapter 3 Assignment Answers Student: Evelyn Tavares 2. Ann Elkin, who works for Brill Co., has been sent out to conduct two customers evaluations, which have gone much more quickly than Ann anticipated. Her supervisor does not expect Ann back until after lunch. It is now 10:30 A . M ., and Ann would like to run some personal errands and then go to lunch before returning to work at 1:00 P . M . Should Ann take the time? Would you? Why or why not? Be sure to consider the categories of ethical values and apply one or two models before reaching your conclusion. Answer: Ann shouldn’t take the time without asking for permission, her free time should be used in a productive way towards to achieve the company’s interest. If she really needed some time off to solve personal issues, she should explain the situation to her boss and ask for a couple of hours to do it. This would be a good sign of integrity. I don’t think I would either , might not be illegal to use the time you should be working, and which you are being paid for, to solve problems of a personal nature, but I am sure it is unethical. If in doubt, to help you decide whether is right or not you can apply The Laura Nash Model: Can you discuss your decision with your boss, coworkers, friends and family? Or even try the Front-Page-of-the-Newspaper test : If everybody you know could see in the newspaper what you are about to, would this make you feel uncomfortable? If the answer for the Laura Nash Model is no and for the Front-Page-of-the-Newspaper test is yes, so you should not do it. 5. Television network CNBC and other television networks have been working to develop policies for their business correspondents and guests on their business shows because of a practice known as pump-and-dump, the practice of a Wall Street professional or network business correspondent appearing on television to tout a particular stock as being a good buy. Often, unbeknown to the viewing audience, the guest or correspondent promoting the stock has a large holding in
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Chapter 3 Assignment Answers. - Business Law I Chapter 3...

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