What is the definition of business ethics

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1. What is the definition of business ethics?

2. What is meant by the term social responsibility?

3. Identify two purposes that a code of ethics might serve in a business.

4. How is a contract generally defined?

5. What are the different classifications of contracts? (List and explain).

6. What are necessary elements of a legal contract? (List and explain).

7. How is a contract properly discharged?

8. Explain the term breach of contract.

9. What are two possible remedies for a breach of contract?

10. What is tort law? Why it is important for a business manager to have a basic understanding of tort law?

Reference no: EM131626320

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