Understanding the law important to businesspersons

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1. In what ways is knowing and understanding the law important to businesspersons?

2. What are the major sources of law in our legal system? Explain each.

3. What is common law and how does it work?

4. How can businesspersons discourage unethical behavior? What tools/mechanisms can they use?

5. Compare and contrast duty-based ethics and utilitarian ethics.

6. What are some ethical problems in the global context?

Reference no: EM131225631

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