Business Ethics

  Business Ethics

2 Short answer questions in Managements

1- What are the differences between “general clause -” and “comprehensive clause contracting”?  Which one is preferable and why?

2- Two elements of corporate community relations strategies are strategic philanthropy and multi-section partnerships.  Briefly describe these.

please each answer should be around 3-5 sentences.

This is the book to use a reference

Wood, D. J.  Business Ethics: Text and Workbook (second edition) Cedar Falls, IA: Woodhaven Press, 2011.

Solution Preview

There are several differences between general clause and comprehensive clause contracting. General clauses are the legal rules which have not been precisely formulated. A good example of a general clause is §36 of the Contracts Act which empowers courts to put aside any agreed provision for different cases (Wood, 2011). On the other hand, comprehensive clause provides protection against most risks involving third party liability. A good example for this is of a car insurance policy.

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