to question the ethical nature. accept gifts and if 50 , the value limit of the gift you can accept. 4. Step 4: Know relevant laws and regulations. If the company doesn't necessarily have a rule against it, could it be looked at as illegal? 5. Step 5: Obtain consultation. Seek support from supervisors, coworkers, friends, and farnily, and especially seek advice from people who you feel are moral and ethical. 7. Step 7: List the consequences of the probable courses of action. What are both the positive and negative benefits of each proposed solution? Who can the decision affect? best solution is the one that seems to create the most good and the least harm. Malcolm was a typical college student at a typical U.S. university. He enjoyed his studies, but he also enjoyed spending time with friend5. Additionally, he worked 10 hours a week at a local retail store. Normally Malcolm was able to manage his time effectively, but one week he decided to attend an out-of-5tate concert with his friends and got behind in his school work. With an important paper due in a few days, Malcolm knew he could not finish the paper in time. He knew better than to plagiarize a paper, so he spent a few minutes exploring options for "purchasing" a paper through online resources. Use the Steps to Ethical Decision Making to determine what Malcolm should do. Be sure to write down and answer all 8 questions