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Knowing the

difference

Ethical – Unethical – Illegal - Legal


Match them up by placing the number of the
category next to appropriate examples from the list

1 Ethical and legal

KNOWING 2 Unethical and legal


THE
DIFFERENCE
3 Ethical and illegal

4 Unethical and illegal


KNOWING THE DIFFERENCE

a. Giving a gift of $50,000 to a foreign minister to secure a business contract with his
country (a customary practice in his country) and then writing off the gift as a tax-
deductible item.
b. Knowing that 1 per cent of all tyres have production defects but shipping them anyway
and giving kilometer allowances to anyone whose tyres wear out prematurely.
c. Manufacturing a new fuel additive that will increase fuel consumption by 10 per cent.
d. Offering a member of the city council $100 000 to vote to give the entrepreneur the local
cable television franchise.
e. Publishing a newspaper story that wrongly implies but does not openly state that the
Minister for Education (a political opponent of the newspaper) is deliberately
withholding funds for education because of the newspaper’s effort to win nomination
support for its candidate from the teachers’ union.
KNOWING THE DIFFERENCE

f. Obtaining inside information from another brokerage that results in the


entrepreneur netting more than $2 million.
g. Producing a vaccine that will retard the growth of bone cancer.
h. Producing and selling a drug that will reduce heart attacks, but failing to
complete all of the paperwork that must be filed with the government prior to
selling the product.

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