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Ethics theory class: a trucking company

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Ethics theory class: a trucking company has discovered that one of their products is faulty (connector b/t cab & trailer)- hired law firm & economics professor to estimate losses firm will incur if it does nothing and just settles the claims as they arise. They estimate there will be 22 deaths (none yet) - doing nothing = ins. prem & lost business, legal fees, wrongful death settlement est. $12,000,000. Estimate to recall & fix faulty product = $18,000,000. Pretend you are deciding how to handle this ethical problem. First approach the analysis from the utilitarian ethics theorist point of view - prepare your comments on your decision based on this ethics theory principle. Now approach it as if you were a rights ethics theorist.

 

Paper#33005 | Written in 18-Jul-2015

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