Question: 3)In Module 2, we also discussed Business Ethics. Perhaps more than ever, Americans are questioning the nation's moral health. A multitude of governmental, societal and

3)In Module 2, we also discussed Business Ethics.

Perhaps more than ever, Americans are questioning the nation's moral health. A multitude of governmental, societal and business issues have caused us to question our decency as a society.

QUESTION: Does individual have to be willing to sometimes disregard his or her ethical principles to succeed in today's business environment?

a)State the argument supporting the contention that success in business sometimes requires one to disregard his or her ethical principles.

b)State the argument against this contention.

c)Take a position in this debate.

4)In Module 3, we discussed Contracts.

A capitalist, free market system cannot operate effectively and fairly without a reliable foundation in contract law. At the practical level, all buyers and sellers must have confidence that the deal they are about to make will be completed as specified or that they will have a remedy available if it is not completed. Otherwise, the legal risk in making deals would act as a drag on the commercial process, reducing certainty and depreciating the extraordinary efficiency of the free market.

QUESTION: Legally enforceable contracts exhibit five distinct features.

a.Please list and describe in detail each of these features.

b.Why are each of these features important?

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