Ethical Decisions
Why Law is Necessary
Sources of Law
Regulatory Agencies
Catch-all
100
The values that govern a society's attitude toward right and wrong.
What is Morality.
100
The system of rules of conduct established by the government of a society.
What is Law.
100
Spells out the principles by which the government operates.
What is Constitution.
100
Consists of those rules and procedures established by regulatory agencies.
What is Administrative Law.
100
The three branches of government.

What are Legislative, Executive, and Judicial Branches.

200
The means for determining what a society's values ought to be.
What is Ethics.
200
The reason why a society has laws.
What is to Maintain Stability and Justice.
200
Our countries most fundamental law.
What is the U.S. Constitution.
200
The two reasons why legislatures create regulatory agencies.
What are Lack of Time and Expert Knowledge.
200

"Work hard, play hard is an example.

What are Life Principles.

300
Besides the Golden Rule, what are the other 2 ways to make ethical decisions.
What are Feelings & Opinions and The Greatest Good
300
The reason why ethics and law will sometimes conflict.
What is because law is made by People; therefore it is Imperfect.
300
Common law lead to this doctrine.
What is Precedent.
300
They regulate broadcasting.
What is the FCC: Federal Communications Commission
300

Courts have the authority to imprison or fine those who violate these.

What are injunctions.

400
The golden rule states:
What is "do unto others as you would have them do unto you"
400
The law defines...
What are the Legal Rights & Duties of the people.
400
Federal and State Statutes are passed by whom.
What are the Congress and a state's own Legislature.
400
OSHA stands for.
What is Occupational Safety & Health Administration
400

Spells out the Rights of Accused Persons.

What is the 5th Amendment.

500
List the four ethical character traits.
What are Honest, Fair, Compassion, and Integrity.
500

 The basis of the concept "Justice is Blind."

Treating people fairly and equally regardless of race, ethnicity, religion, wealth, ect.

500

The three ways courts make laws.

What are through common law tradition, by interpreting statutes, & judicial review?

500

This insures your money held with them up to $250,000.

What is FDIC: Federal Deposit Insurance Corporation

500
The ethical dilemma discussed in class for business.

What is should managers focus on what is best for the shareholders or should they consider the stakeholders.

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