Thursday, August 8, 2019
Resolving Ethical Issues Essay Example | Topics and Well Written Essays - 500 words
Resolving Ethical Issues - Essay Example The facts surrounding the major ethical dilemma is the establishment of honesty, which should take precedence in all business transactions. It is a fact that Ted St. Clair is a miser who will not agree to reduce the price no matter what. Moby Dick has been on the market for a very long time, and Ted has not considered reducing his asking price. The second fact is that Reverend Smith intends to use the building for a good cause, which will benefit the community. Third, Reverend Smith has no use for the machines. He would not want Mary to lie on his behalf. Fourth, it would be unethical for Mary to lie to Ted that the buyer needs the machines. It is also unethical for Ted to overvalue his property. Mary is undecided whether she should lie to Ted about the machines to make him drop his asking price for the property. She would help Reverend Smith to get the property and use it for a good cause. Alternatively, she would tell Ted the truth, which means he will not reduce the price. Consequ ently, Reverend Smith will not afford the property. There are several alternatives that Mary can pursue to solve the ethical dilemma. First, Mary can tell Ted the trust and explain what Reverend Smith intends to do with the property.
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