Sam Has Contracted with Dave to Purchase Dave's Racing Bike

question 50

Multiple Choice

Sam has contracted with Dave to purchase Dave's racing bike, with payment and delivery of the bicycle to be in 10 days. Three days later Sam hears that Dave is going to sell the bike to Gene in three days at a higher price. If Sam really wants the bike, what should he do?

• A) Immediately sue for specific performance.
• B) Immediately seek injunctive relief.
• C) Immediately sue for compensatory damages.
• D) Immediately sue for consequential damages.

Know the role of businesses, communities, and governments in scaling sustainable business practices and making them profitable.

Analyze the challenges and criticisms related to implementing universal standards in sustainability across different nations.

Examine the implications of various Waves of change in socio-economic development for sustainability and how they drive organizational and societal transitions to sustainability.

Understand the various perspectives and theories of ethical behavior in business.

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Definitions:

Professional Ethics

A framework of evaluating conduct applicable to members of a given profession.

Technical Knowledge

Understanding of and expertise in specialized fields, particularly those involving technology or specific skill sets.

Ethical Dilemma

A situation where a person must choose between two or more morally correct actions that conflict.

Moral Principles

Fundamental beliefs or rules about right and wrong that guide an individual's behavior and decision-making.