Question: 1 . Describe the difference between law and ethics. 2 . What are ethical fundamentalism, ethical relativism, and utilitarianism? Explain. 3 . What is a

1. Describe the difference between law and ethics.
2. What are ethical fundamentalism, ethical relativism, and utilitarianism? Explain.
3. What is a cost-benefit analysis? When should it be used?
4. What is corporate governance and why is it important?
5. In the Oliver Winery case, should the company manufacture the new line of wine? Please explain.
6. In the Vulcan Case, was it ethical to issue stock options to the executives who knew about the impending land acquisition and mineral strike?
7. What levels/types of courts are included in the federal court system and what does each one do? What about state courts?
8. What is the difference in federal jurisdiction, concurrent federal jurisdiction, and state jurisdiction?
9. What is arbitration?
10. What is mediation?
11. In a jury trial, what are ethical grounds for an attorney to exercise a peremptory challenge (to exclude a potential juror)?

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