ACCG100 Lecture Notes - Lecture 2: Social System, Qantas, Making Money

• School: Macquarie University
• Department: Accounting and Corporate Governance
• Course: ACCG100
• Professor: Colly He

Document Summary

Andrew, who is a bank robber, has sought our yourself, a criminal defence lawyer, to defend his case. You are somehow aware that andrew is guilty of robbing a bank. You may not want to defend andrew as you may likely feel that robbing a bank is morally questionable. If you take up the case, you are obligated to defend andrew with the utmost effort. Prescriptive principles or rules for determining right from wrong. Principles and methods are used as a guide for avoiding and resolving ethical issues. Teleological ethics is an approach to ethics that argues that the morality of an action is contingent on the action"s outcome or consequence. (i. e. the morality determines on what the consequence of the action is regardless of intention. ) The consequences of a decision or action is the sole determinant of what is right from wrong. A morally correct action occurs when benefits outweigh costs.