Werhane and Radin in "Employment at Will and Due Process

question 28

Essay

Werhane and Radin in "Employment at Will and Due Process" provide a primarily Kantian critique of EAW while Epstein in "In Defense of the Contract at Will" provides a primarily utilitarian defense of EAW. First, provide the strongest defense of Werhane and Radin's position. Second, provide the strongest defense of Epstein's position. Finally, stake your own position. Which side do you agree with most strongly. Why

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Definitions:

Periodic Inventory System

An inventory system in which the inventory count and cost of goods sold calculation are performed at specific intervals, typically at the end of an accounting period.

FIFO

FIFO, which stands for "first in, first out," is an inventory valuation method where the first items placed in inventory are the first ones sold. This approach aims to mirror the actual flow of goods.

Ending Inventory Cost

The total value of all the goods a company has in stock at the end of a financial period, calculated using one of several accounting methods.

Physical Inventory

A process of counting the actual inventory on hand at a particular point in time.