Logo
Pattern

Discover published sets by community

Explore tens of thousands of sets crafted by our community.

Legal Aspects of Business Ethics

25

Flashcards

0/25

Still learning
StarStarStarStar

Whistleblower Protection

StarStarStarStar

Legal significance involves providing avenues for reporting illegal or unethical behavior without fear of retaliation. Ethical considerations include the duty to report wrongdoing and protect the public interest.

StarStarStarStar

Fair Competition Law

StarStarStarStar

Legal significance includes antitrust laws to promote healthy market competition. Ethical considerations include competing fairly without resorting to deceitful or monopolistic practices.

StarStarStarStar

Corporate Governance

StarStarStarStar

Legal significance includes the framework for the balance of power among directors, shareholders, and other stakeholders. Ethical considerations involve accountability, transparency, and fairness in corporate decision-making.

StarStarStarStar

Conflict Minerals

StarStarStarStar

Legal significance involves regulations against the use of minerals that finance armed conflicts. Ethical considerations include supply chain diligence and avoiding exploitation.

StarStarStarStar

Product Liability

StarStarStarStar

Legal significance is to hold manufacturers/sellers accountable for placing a defective product into the hands of a consumer. Ethical considerations include consumer safety and honest marketing.

StarStarStarStar

Privacy Law

StarStarStarStar

Legal significance involves protecting personal data collected by businesses. Ethical considerations include respect for an individual’s information and autonomy.

StarStarStarStar

Fiduciary Duties

StarStarStarStar

Legal significance requires that individuals in certain positions act in the best interest of others, often in a trust relationship. Ethical considerations include loyalty, care, and avoiding conflicts of interest.

StarStarStarStar

Diversity and Inclusion

StarStarStarStar

Legal significance includes equal opportunity laws and policies. Ethical considerations involve fostering a diverse workforce that values different perspectives and backgrounds.

StarStarStarStar

Ponzi Schemes

StarStarStarStar

Legal significance includes the illegality of fraudulent investment operations that pay returns to earlier investors with funds from more recent investors. Ethical considerations include financial honesty and the sustainability of business models.

StarStarStarStar

Human Rights in Business

StarStarStarStar

Legal significance includes laws that prohibit businesses from violating human rights. Ethical considerations include the protection of workers’ rights and humane working conditions.

StarStarStarStar

Fair Labor Practices

StarStarStarStar

Legal significance includes regulations ensuring minimum wage and safe working conditions. Ethical considerations involve respect for workers and providing a living wage.

StarStarStarStar

Environmental Law Compliance

StarStarStarStar

Legal significance ensures that businesses adhere to regulations aimed at protecting the environment. Ethical considerations include sustainability and intergenerational equity.

StarStarStarStar

Insider Trading

StarStarStarStar

Legal significance involves regulating unfair advantages in stock trading based on non-public information. Ethical considerations include market fairness and trust.

StarStarStarStar

Bribery and Corruption

StarStarStarStar

Legal significance involves the prohibition of offering, giving, receiving, or soliciting anything of value to influence actions. Ethical considerations include maintaining fairness and integrity in business dealings.

StarStarStarStar

Data Breach Disclosures

StarStarStarStar

Legal significance includes obligations to disclose security breaches of personal data. Ethical considerations involve transparency with customers and mitigating harm from breaches.

StarStarStarStar

Employment at Will

StarStarStarStar

Legal significance allows either the employer or employee to terminate employment at any time. Ethical considerations include fair treatment and job security.

StarStarStarStar

Marketing and Advertising Ethics

StarStarStarStar

Legal significance involves regulations on truth in advertising and protecting consumers from deceptive practices. Ethical considerations include the social responsibility of honest communication and respect for consumer intelligence.

StarStarStarStar

Corporate Social Responsibility (CSR)

StarStarStarStar

Legal significance includes voluntary self-regulation integrated into business models. Ethical considerations involve making decisions that benefit the community and environment, not just shareholders.

StarStarStarStar

Insolvency and Bankruptcy

StarStarStarStar

Legal significance includes providing a process for dealing with debt that cannot be repaid. Ethical considerations include the fair treatment of creditors and the responsible management of financial difficulties.

StarStarStarStar

Insider Reporting Obligations

StarStarStarStar

Legal significance includes the requirement for insiders to report trades of the company’s securities. Ethical considerations include transparency and preventing unfair trading advantages.

StarStarStarStar

Contractual Good Faith

StarStarStarStar

Legal significance is to ensure that parties fulfill their contractual obligations with honesty and fairness. Ethical considerations include acting with integrity and avoiding exploitative practices.

StarStarStarStar

Money Laundering Prevention

StarStarStarStar

Legal significance includes regulations to prevent the disguising of proceeds from illegal activities as legitimate income. Ethical considerations include maintaining the integrity of financial systems.

StarStarStarStar

Consumer Protection

StarStarStarStar

Legal significance involves laws ensuring that consumers are provided with true information and are protected from fraud. Ethical considerations include transparency, fairness, and avoiding misleading practices.

StarStarStarStar

Tax Evasion vs. Avoidance

StarStarStarStar

Legal significance distinguishes between illegal tax evasion and lawful tax avoidance strategies. Ethical considerations include paying a fair share of taxes and transparency with tax practices.

StarStarStarStar

Intellectual Property Rights

StarStarStarStar

Legal significance involves protecting creations of the mind to encourage innovation. Ethical considerations include respecting others' ideas and compensating creators fairly.

Know
0
Still learning
Click to flip
Know
0
Logo

© Hypatia.Tech. 2024 All rights reserved.