Should legal problems be anticipated? Why and why not?1. Anticipation of legal problems. Should legal problems be anticipated? Why and why not? (see business activities and the legal environment.)
Ethical Questions

Chapter 1

1. Anticipation of legal problems. Should legal problems be anticipated? Why and why not? (see business activities and the legal environment.)
2. Good faith. Good faith is a concept that applies in most, if not all, areas of the law. Persons generally expected to act in good faith, which means being honest and observing reasonable commercial standards of fair dealing. Those who do not act in good faith are often considered to be in violation of the law. Why should good faith determine whether an act is legal or illegal? (see sources of American law.)


 

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