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Legal and professional consequences for sharing insider info


Problem:

Please write a short response to this person post as to why you agree or disagree and make it so a teenager can understand. Persons post: A deontologist would most likely say it is not ethical to give the stock tip because deontology focuses on following rules and duties no matter the outcome. Since the company clearly has a rule against sharing insider information, a deontologist would believe breaking that rule is wrong even if it could save someone's life. They believe rules should be followed consistently. A consequentialist would probably say it is ethical because consequentialism focuses on the results of an action. In this situation, sharing the information could help save the friend's mother's life, which creates a better overall outcome. The positive consequence would matter more than breaking the rule. Personally, I would struggle with the decision, but I think I would probably help my friend because saving someone's life feels more important than protecting company policy. However, I would also understand that there could be serious legal and professional consequences for sharing insider information. Need Assignment Help?

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Other Subject: Legal and professional consequences for sharing insider info
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