Professional Documents
Culture Documents
Directions: Read each scenario. Respond in writing using your understanding of the
legal concepts and use them in your responses. Give serious consideration when writing
your answer. Be prepared to present your argument or answer to the class.
1) Bob is planning to graduate high school in two weeks. His entire family is gathering to
celebrate the occasion, including his grandparents who are flying from Florida. Bob
currently has a low C in economics class, which is required to pass and to participate in
graduation ceremonies. Bob is very nervous about passing the final examination. Bobs
friend, Chris, tells him he has a copy of the final exam.
2) Sallys family does not have much money. Each month is a struggle to pay rent, utility
bills, and food. Sallys mom works two jobs 16 hours each day to support the family. Sally
wants to buy a present for her moms upcoming birthday, but Sally has no money. On the
way home from school, Sally finds a wallet with $307 in it.
What are the factors in the decision that Toying Around needs to make?
What is the decision-making bases used here?
Assume that you are the Chief Financial Officer (CFO) of Toying Around and the Board of
Directors has charged you with making the decision. Write two paragraphs explaining
your thinking and your decision for this ethical (and financial) dilemma.