Social Implications of Business Ethics Archives

Advise Raymond on possible remedies is the partly answer of the case study regarding a business law practice taken from a course like Business Law and Ethics.

Question

Breach of Contractual Relationships and Remedies

Raymond works on a part-time basis for a firm of accountants in its taxation department, but he also runs a small consultancy business, of which he is the sole proprietor, specialising in personal taxation advice. He entered into a contract with Samantha, a struggling artist, under which he agreed to prepare some draft business accounts for her,covering the last three years, for the sum of £800. Raymond completed the work, but Samantha told him she could only afford to pay £200 for the work. After a …

Business Ethics and Its Implications

Introduction: The business ethics are very important for any organization. Business ethics are moral principles which guide company to behave in an organized way. Before learning business ethics one should know what business ethics is. Business ethics is the study of appropriate business rules and regulations regarding potentially debatable issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities (De George, 1982). Business ethics are often guided by law and to gain public acceptance it provide a basic framework. Legal and ethical are two different terms but work with together for guiding business operation structure. From this report readers will be able to understand the organisational ethical issues …