Answer these questions from the article above

ETHICS QUESTIONS-

1. Who are the stakeholders implicated in these policies, and what is the nature of their stakes? Which parties affect or are affected by this issue, from a firm and social standpoint? How might their relative power, legitimacy, or urgency affect managers ability to balance competing stakeholders interests?

2. What is the relationship between a firms ethical decision-making and the legal and regulatory structure? Define the ethical dilemmas for management. What other philosophical perspectives provide different viewpoints on the relationship between a firms ethics and the law?

CRITICAL THINKING-

3. How should the overdraft practices of financial institutions be further regulated, if at all? What are the arguments for and against the involvement of the CFPB and the Federal Reserve to mitigate the documented negative effects of overdraft policies

lease read the below casc, and respout to the subsequeit case questions. The Growth of the Debit Cand: Tbe Basics A slehit carc is a small piece of plistic imeisuring approximately 3.5 inches hy 2.25 eisk of frad is lower with onlioc dibit than otber methods of paynsent. Debir Cand Overdrats acountholder ass: a debit eard to purcbase $10 woth at gasoline, but atyly ba5 $20 in the account, then the porentia] for aa overdraf is present. When an overdeaft is about to occur, one of threc different actions could take place. or ber account avuld be allowed to do so (i.,, the tanssetion would not be rejected), bur the financial insrirution applies a charge to the necount as a wiay to colleat a fee for this service. income that is generated for the bnoking organization. As a simplistic example, if an necountholder bat 590 io his or ber nccount at tbe beginning of a given day and theo made three he number of overdrnfts and the amount of charges that the nocountholder incuTs on n given day, when in reality the per-oneritrall processing experise is cunstiml and minirnal. Another criticism of large hanks is that the rapid expsinsion in fee income associated with ovendraft protection that took place at the end of the first deciube of the 2 Ist century was ian irresponsihle practices regarcling their debit cinit vevendraft fees. eurtailed, hanks might rum awhy necountholders with lew halances sinse those ancounts wrold nox he protitulle withour the collection of ovenitaft fee incomeoanks could face bankruptey and the woinony of the United States and the vorld could facc a nea round of peril