Classifications of Law
Business Ethics
Business Ethics Theories
Rights, Laws and Regulations
Business Ethics continued
100

the law that defines rights and liabilities

Substantive law

100

balances the goal of profits with values of individuals and society.

Business ethics

100

Locke and Rawls’ theory of justice/social contract, universal standards developed that result in fairness

The Contractarians and Justice

100

The right to this means that individuals are protected against intrusions by others

privacy
100

The person who initiates a civil lawsuit

Plaintiff

200

the law that must be followed in enforcing rights and liabilities

Procedural law

200

If an act is legal, then it is moral

Positive Law

200

Also known as entitlement theory; everyone has a set of rights, and it is up to the government to protect them

Rights Theory

200

the law that requires that a sheriff obtain a search warrant

the Fourth Amendment of the United States Constitution

200

The power given to courts to hear certain types of cases

Jurisdiction

300

wrongs against society

Criminal wrongs

300

Higher standards of conduct than positive law

Natural Law

300

We should act in our own self-interest and only judge ourselves

Ethical Egoism Theory

300

This law creates, defines, and regulates rights and liabilities 

Substantive      

300

Created the United States Supreme Court

The U. S. Constitution

400

wrongs against an individual

Civil wrongs

400

all behavior is ethical under this simple standard

Absent illegality

400

We should do the good for the most amount of people

Utilitarian Theory

400

This is defined as a legal capacity to require another party to perform an action 

Right

400

Voir dire examination is used in connection with this

Jury selection

500

the order or pattern of rules that society establishes to govern the conduct of individuals, and the relationships among them and a body of law that provides justice when the law does not offer an adequate remedy or application of the law would be terribly unfair respectively

Law and equity

500

A law can be legal but _________

unethical

500

Standards should be based upon the circumstances, and there should not be predefined standards

Moral Relativists

500

These type of regulations generally have the force of statute

Administrative

500

They established a tribunal called a court

The government