F irst Test Study Guide: Chapters 1-4 & Cases
11th Edition Business Law Text
Students must have a detailed understanding of the following terms, concepts and or legal p rinciples. 1. Conflict of laws 2. What are police powers? 3. Commerce Clause, Full Fai
Tortearsor does not intend the consequences of the act or believes they will occur. -The failure to exercise the standard of care that a reasonable person would exercise in similar circumstances. Actors Conduct merely creates a foreseeabl
Basis of Tort Law Doing business today involves risks, both legal and financial.
A tort is a civil injury designed to provide a remedy (damages) for injury to a protected interest. Damages: Compensatory: reimburse plaintiff for actual losses. Spec
Ch.5 Business Ethics Ethics is the study of right and wrong behavior; whether an action is fair, right or just. Moral Principles and Values applied to social behavior. In business: Ethical Decisions are the Application of moral and ethical principles to t
Instructions: First define the Terms and Concepts located at the end of this chapter in your textbook. Second, please provide a complete and thorough answer to the following Chapter Discussion Questions. Chapter 5 Ethics and Business Decision Making Discu