2. Choose an event in your life where you believe you acted ethically. Discuss the event in terms of the teleological frameworks discussed in the text.

3. Using the same event you chose in question 2, discuss the event in terms of the deontological frameworks.

8. What would an Act utilitarian and a Rule utilitarian say differently when evaluating the same case?

12. You have been looking for a house for the past nine months and found the one you really want. As part of the home loan application, the bank asks to see your most recent Forms W-2 and tax returns. Your income level barely qualifies for the loan; should rates go up even a fraction, you probably will not get the loan or the house. You can make the payments but dont want to blow the deal. You have always done your own taxes and are considering printing (but not mailing to the IRS) another tax return to show some additional income. a. Your friend just got a loan with the same bank. She tells you that that this bank does not verify this data with any outside parties. Should you submit the fake tax returns? Why? b. Relate the concepts of cheating discussed in this chapter to how you would make this decision.

13. You attend a charity silent auction and, surprisingly, win the bid for a trip to Africa. You bid $2,500 and the value of the trip is over $5,000, so you are extremely excited. When the mail arrives, you get another surprise; when the charity sent a donation letter they just acknowledged the $2,500 as a charitable contribution and did not indicate that you received anything in exchange for that amount. Its time to do your taxes. a. Relate the concepts of cheating discussed in this chapter to how you would decide to write off the $2,500. b. Do you think it is greedy to take the deduction? Why? c. Would you do it?

Case Study Questions:

1. Why would a businessman become so committed to their business, to the point of intentionally engaging in an illegal activity?

2. What ethical principles did Chris ignore? Which principles might have justified his actions?

3. Assume that after he serves his eight-month sentence, Chris starts another advertising agency with a new partner. Is Chris under any ethical responsibility to reveal his drug-trafficking conviction to his new partner before they form their partnership?

Sometimes the entrepreneur will do anything to keep the business alive, even to the point of breaking the law. Chris Neary was successful in the ad- vertising industry. He had worked as the marketing director for TELUS Com- munications, a wireless telephone com- pany, and in 2007, at age thirty-one, he started his own advertising agency, just before the 2008 recession. He was forced to refinance his home twice in order to keep his business going. As he came close to bankruptcy, Chris decided to smuggle about 50 kilograms of mari- juana from Canada into Seattle and earn about $10,000, equal to one month's cash flow. On April 26, 2010, he and four others were arrested in Washington State and charged with drug-trafficking. On Sep- tember 27, 2010, Chris was sentenced to eight months in prison for conspiracy to import marijuana, with two years of probation that could be served in Can- Page 46 of 200 22% ada. Why would Chris even try such a plan? In a published interview, Chris admit- ted that he was desperate to save his business. I was so hell-bent on making my business the same kind of success I've had in the rest of my career, I just overlooked the ramifications of it, he said. He continued, I felt it was up to me to turn things around and I tried to do everything myself. I didn't ask any- one's opinion on it. I just did it. Chris acknowledged how dumb this was and cooperated fully with the authorities. He admitted his mistake and how this event changed his life. I've had humil- ity slap me in the face, and I want to stay accountable to it and move forward."29 Case Study Questions 1. Why would a businessman become so committed to his business he would intentionally engage in an illegal activ- ity? Page 48 of 200 22% Sometimes the entrepreneur will do anything to keep the business alive, even to the point of breaking the law. Chris Neary was successful in the ad- vertising industry. He had worked as the marketing director for TELUS Com- munications, a wireless telephone com- pany, and in 2007, at age thirty-one, he started his own advertising agency, just before the 2008 recession. He was forced to refinance his home twice in order to keep his business going. As he came close to bankruptcy, Chris decided to smuggle about 50 kilograms of mari- juana from Canada into Seattle and earn about $10,000, equal to one month's cash flow. On April 26, 2010, he and four others were arrested in Washington State and charged with drug-trafficking. On Sep- tember 27, 2010, Chris was sentenced to eight months in prison for conspiracy to import marijuana, with two years of probation that could be served in Can- Page 46 of 200 22% ada. Why would Chris even try such a plan? In a published interview, Chris admit- ted that he was desperate to save his business. I was so hell-bent on making my business the same kind of success I've had in the rest of my career, I just overlooked the ramifications of it, he said. He continued, I felt it was up to me to turn things around and I tried to do everything myself. I didn't ask any- one's opinion on it. I just did it. Chris acknowledged how dumb this was and cooperated fully with the authorities. He admitted his mistake and how this event changed his life. I've had humil- ity slap me in the face, and I want to stay accountable to it and move forward."29 Case Study Questions 1. Why would a businessman become so committed to his business he would intentionally engage in an illegal activ- ity? Page 48 of 200 22%