Business Law Question

User Generated

cbyngbhm53

Business Finance

Houston Community College System

Description

1. Task You work in the Ethics Department for ABC Company (ABC). Your department is dedicated to advising its employees about their ethical obligations in the corporate setting. All communications you receive in this capacity are confidential. Luke, an employee of ABC, comes to you with the following scenario and asks for your advice. He wants to fully consider the situation. Your task is to advise him on all perspectives on the situation. Below are the facts that Luke provides to you.

Luke has been asked to work on a project that involves developing land recently purchased by ABC to build an adult entertainment retail store. According to the plan, the land is located on the corner of the neighborhood where Owen, Luke’s brother, lives. Luke knows that as soon as the plans for the store are made public, property values for the surrounding neighborhood will decrease significantly. ABC plans to publicly announce the project one month from today. Luke is concerned about his obligations of confidentiality to his company. However, Luke is also very close to Owen, who recently told Luke that he received an offer to sell his house at an “okay” price given the current real estate market. Owen is considering selling but hasn’t made any final decision yet. He wonders if he might get a better offer a few years from now when the real estate market improves. What is the ethical issue, why is this an issue, and what should Luke do about it?

For assignment 2, prepare a memo to the Ethics Department file that considers ONLY the following two theories that are discussed in the ethics videos provided in Blackboard – The Golden Rule and Virtue Ethics. You may consider any of the resources provided in Blackboard. However, it is advised that you DO NOT consult the internet. Your papers will be graded based on the required resources for BUSI 4350. Additionally, most of the accidental plagiarism cases have arisen from students using internet sources and failing to properly cite the work used. Finally, remember that Assignments 1 and 2 are considered “drafts” for Assignment 3, which will require you to combine your analysis from both prior assignments into one paper

Use Microsoft Word

12 point font,

times new roman,

single spacing.

750 and 1000 words.

Where using headers, you must include these:

1. Facts

2. Issue

3. Analysis (note- this is where you may want to use additional headers to further organize your thoughts)

4. Recommendation (Final recommendation need to be strong)

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Explanation & Answer

View attached explanation and answer. Let me know if you have any questions.Hi, I finished. I did not include references because your teacher requested that you only use your textbook and I don't have access to it. Please check my work and contact me if you have any doubts.

Page |1

MEMORANDUM
TO:

Mr. Ethical, Manager of the Ethics Department for ABC Company

FROM:

Your name

DATE:

October 13, 2022

SUBJECT:

Advice regarding Luke’s ethical predicament

Facts
Luke works for ABC Company as project manager and is in charge of developing a land lot and
building an adult entertainment retail store. It is reasonable to expect that due to the nature of the
new business, the price of surrounding houses will decrease severely after our company
announces the construction of the project. Luke is facing an ethical dilemma because his brother
lives in the area where prices will probably be negatively affected by the project. Luke’s brother
is currently considering whether to accept a purchase offer for his home or not. This real estate
transaction is not related in any way to the company’s project. Luke and his brother are very
close and Luke is seeking our advice regarding his obligations of confidentiality.
Issues
Luke ...


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