Ethics and Contracts
Pay-Day loans – no credit check. A pay day loan is usually a short-term, high cost loan which is typically due the next payday. Depending on the state law, payday loans may be available through storefront payday lenders or online.
Related to ethics and contracts, discuss why payday loans are appears to be an ethical issue.
Unit 6 covers ethics in International business.
Many countries use “bribes” as a way of doing business. We do not have global standards for safety, ethics, or cultural customs. When custom and culture clash with ethical standards and moral values, should the national culture or the company code of ethics be the controlling factor? Which should take precedence? Please explain your position?
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