Answer three of the following five questions in a separate sheet of paper, typed,
double spaced and citing any and all references to books and/or notes discussed in class
in at most 2-3 pages per question. The paper is due, without exception Thursday 10/29 at
6 pm. Upload the paper into Moodle, under assignments for that week. ONE file for the
entire Midterm please. Make sure it has your last name and midterm 1:
lastnamemidterm1.doc; I do not want you to merely quote from the book, you must be
able to explain what each of the concepts mean, provide examples. Imagine I have no
idea what you are talking about and you must teach this to me.
You must cite from the papers. Provide me with page numbers if you quote directly,
paraphrase, or merely use the idea or concept. Provide a bibliography at the end. DO
NOT USE the powerpoints as main resources. Use them as guidelines. BUT cannot
QUOTE them! Anyone who does not use the DeGeorge as the MAIN source will fail the
test. Anyone who does not cite will not get above a B on the test. If you do not use
DeGeorge as the main source will get a 0.
1) What is the Categorical Imperative? How are the principles of Universalizability,
Dignity of Persons, and the Kingdom of Ends derived from this Deontological
Theory?
2) What is the distinction between causal responsibility and moral responsibility?
What are, if any, the excusing conditions for moral responsibility? What role do
these excusing conditions play in terms of a) moral responsibility and b) moral
accountability?
3) What are the Virtues of a Capitalist Free Market System? What is the Marxist
criticism of such a system as exemplified by the Capitalist system? Does it follow
then that if Marxism is correct that Capitalism is inherently flawed? How does
Capitalism provide a Moral defense of its system?
4) What is the difference between a stockholder and a stakeholder at the level of a
corporation? Please describe any and all possible levels of moral responsibility
within the corporation. What does this say about the corporation, that is, at what
level is the corporation to be held responsible for its actions: as a moral entity,
only in terms of its policy makers, or in terms of any or all of its employees?
5) Why ought there be an open and public system of corporate disclosure at the level
of corporations? What is misappropriation? How does it relate to insider
trading? Please provide an argument in favor of insider trading and at least two
arguments against.
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