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What do you think would make contracts unethical according to business ethics pr

ID: 298909 • Letter: W

Question

What do you think would make contracts unethical according to business ethics principles?

Select one:

a. Consent is important, but ethical contracts must be a result of well-informed parties using equal bargaining position

b. Consent alone is not enough, ethical contracts must be available for change if one of the parties has decided to change the terms because of his/her inability to do the job professionally

c. Contracts can be ethical only if they lack any self-interest or profiteering of any kind

d. Evidence of written or oral agreement between responsible adults is sufficient to make the contracts ethical

Explanation / Answer

Contracts can be ethical only if they lack any self-interest or profiteering of any kind.

The prices of the commodities have to be decided ethically,setting prices on manipulation and hidden factors is unethical.The prices should be based on market levels.

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