Blog

What is the best way for management to handle the discovery of unethical conduct?

Cutting in line is

Who created the stakeholder theory of the corporation?

From the textbook, the three steps in avoiding ethics traps are:

The Burger Murders exercise is based on which event?

Justice Potter Stewart said

Sally Corporation offers to buy out Arco Corp. by paying $67 per share. Billy Corporation, who also wants to buy Arco offers to pay $70 per share. When the bidding process is finally over, Sally Corporation has offered $84 per share and Billy Corporation has offered to pay $90 per share. Arco agrees to sell to Sally Corporation on grounds that, all things considered, the takeover by Sally Corporation would be better for the business.  Billy Corporation claims that Arco should have sold the company to it since it was the highest bidder. Is Billy Corporation correct?

Hussein bought a rotisserie in preparation for a party he was planning. When he put a chicken on the rotisserie, it would not rotate, but stayed in one position where it burned the chicken on one side and left it raw on the other. When he returned the rotisserie to the store, the salesperson disclaimed any responsibility because he had never told Hussein the rotisserie would rotate the food as it cooked. Does Hussein have any recourse?

Gloria purchased a boat from Surfers Unlimited. She later learned that the salesperson had made misrepresentations to induce her to make the purchase. Under UCC Section 2-721, Gloria

Lola entered into a written contract to buy a car from Park Motors. During the negotiations, the sales representative said that the car had a two-year full warranty. The written contract included a provision that stated, “This writing is the full and final expression of the parties’ agreement; anything said before signing or while signing is irrelevant.” The written contract did not include a warranty. Two months after Lola took delivery of the car, she discovered that the transmission needed to be replaced. Lola claimed that it was covered by the full warranty. Will Lola be able to present evidence as to the sales representative’s statements concerning the warranty?