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Ralph Dewey Is an Assistant Superintendent in the Maple Leaf

question 101

Essay

Ralph Dewey is an assistant superintendent in the Maple Leaf school district.Mr.Dewey's job is to award contracts for all facilities management.Dewey awarded an asbestos removal contract to his brother's firm.Discuss the ethical issues.What models could have helped Dewey in his decision-making process?


Definitions:

Paper Currency

Money in the form of paper notes issued by the government or central bank, representing a legal tender for transactions.

Medium of Exchange

A medium of exchange is a system or object that is widely accepted as payment for goods and services.

Transaction Costs

The expenses incurred when buying or selling goods or services, including costs of gathering information, negotiating, and enforcing contracts.

Double Coincidence of Wants

A condition for trade in a barter system where two parties each desire what the other has to offer.

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