Case Scenarios Assignments | Online Homework Help

Choose one (1) of the following Case Scenarios to complete.

 Case Scenario 1:
You may remember hearing about Martha Stewart’s criminal  conviction related to her sale of stock in a friend’s company based on  an insider tip that the friend was selling his shares of his own  company’s stock. (She actually went to jail not for the insider trading  itself but for lying about what happened and her reasons for selling her  shares of the stock.)
Consider this situation from each  perspective of egoism, utilitarianism, duty-based ethics, and virtue  ethics as you answer the following questions and give reasons for your  answers based on each of those ethical theories.
Is insider trading inherently wrong? Or is it only wrong because it is illegal?
In what sense was it ethical for Martha Stewart’s stock  broker to pass along to her the insider tip that her friend was selling  off his stock in his company? In what sense was it unethical for the  broker to do so?

In what sense was it ethical for Martha Stewart to save  herself from about $45,000 in losses by trading her stock based on the  insider tip? In what sense was it unethical for her to do so?

 Case Scenario 2:
Suppose you are opposed to the use of child labor in  manufacturing because you think it is important for children to have an  opportunity to go to school and play. Laws in the United States regulate  child labor, but some countries allow it. In some situations around the  world, a family depends on the child’s earnings to be able to afford to  eat.
From the perspective of egoism, utilitarianism, duty-based  ethics, and virtue ethics, answer the following questions and give  reasons for your answers based on those ethical theories.
Would you buy competitively-priced products if you knew  that the low prices came from savings in manufacturing costs based on  paying low wages to children in poor countries?
If you learned that your employer manufactured,  distributed, or sold products made using child labor, would you keep  working there, if you were depending on your job to feed and clothe your  own child?
Would you advocate closing factories that use child labor,  even if the result would be that the jobless children and their  families would go hungry?