Society benefit from an economy built on free trade


Problem 1. How does the society benefit from an economy built on free trade where both the labor and the buyer only seek personal gain?

Problem 2. Why is considering the law not enough for managers to make a decision? What other factors need to be considered? Give an example of a decision that would incorporate all of these factors.

Problem 3. Utilitarian morality places no value on observing rules. What does this mean? Give an example how utilitarian morality may be used in the business world of today.

Problem 4. Interpret the implications of universalizability for moral reasoning. Give an example of universalizability in an occupation that you have worked.

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Business Law and Ethics: Society benefit from an economy built on free trade
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