Chapter 13 Ethics Submit Assignment Due Friday by 11:59pm Points 1 Submitting a text entry box Available Jun 3 at 8am - Jun 19 at 11:59pm 17 days ng 05 hits The R&D division of Piqua Chemical Corp. has just developed a chemical for sterilizing the vicious Brazilian 'killer bees which are invading Mexico and the southern United States. The president of the company is anxious to the chemical on the market to boost the company's profits. He believes his job is in jeopardy because of decreasing sales and profits. The company has an opportunity to sell this chemical in Central American countries, where the laws are much more relaxed than in the United States. The director of Piqua's R&D division strongly recommends further testing in the laboratory for side-effects of this chemical on other insects, birds, animals, plants, and even humans. He cautions the president, "We could be sued from all sides if the chemical has tragic side-effects that we didn't even test for in the labs. The president answers, "We can't wait an additional year for your lab tests. We can avoid losses from such lawsults by establishing a separate wholly owned corporation to shield Piqua Corp.from such lawsuits. We can't lose any more than our investment in the new corporation, and we'll invest in just the patent covering this chemical. We'll reap the benefits if the chemical works and is safe, and avoid the losses from lawsults if it's a disaster. The following week, Piqua creates a new wholly owned corporation called Finlay Inc., sells the chemical patent to it for $10, and watches the spraying begin. Support ons 5 ents Instructions (a) Who are the stakeholders in this situation? (b) Are the president's motives and actions ethical? Il Can Piqua shield itself against losses of Finlay Inc.? Video 18 MacBook Air 30 $ 3 % 5 & 7 6 8 9 0 W E R T Y U o P S D F G H J L C TV B INT M