Ethical Issues in Business and Accounting Case Study
In Unit 2, you have one Assignment to complete. This Assignment will help you to apply the concepts you have learned from the Reading and prepare you for similar ethical scenarios you may face in the real world. Your responses should include knowledge gained from the readings.
Assignment 1: Textbook Ethics Cases
Read the ethics cases listed below and answer the questions associated with each. Ethics case 1: “Art Forgeries: Is Deceiving Art Experts Unethical?”
Read the ethics case, “Art Forgeries: Is Deceiving Art Experts Unethical?” on pp. 176–177 of your text and answer the following questions (approximately 1 paragraph per answer):
- ● This case shows that laws are not always in place to make it clear whether or not an act is lawful. Does the fact that Landis did not profit from his donations mean that it was ethically acceptable to give forgeries to art galleries and museums?
- ● Since actual money was not exchanged/lost, was there a loss that occurred? What are the implications of this loss? Was anyone harmed when Landis donated his forged paintings to various art galleries and museums?
- Ethics case 2: “Terrorist Payments” Read the ethics case, “Terrorist Payments,” on pp. 179–180 of your text and answer the following questions (approximately 1 paragraph per answer):
● Analyze the case from the perspective of each the four ethical theories discussed in the chapter. Make a recommendation to Alex according to each theory (approximately 1 paragraph per theory).
Brooks, L. J., & Dunn, P. (2018). Business and professional ethics for directors, executives & accountants (8th ed.). Cengage Learning.