What competing social values does his dilemma involve, Business Law and Ethics

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What competing social values does his dilemma involve

Problem

Social, Policy, and Ethical Considerations

• Does Ted have an ethical responsibility to inform Karla of the opportunity to renew the lease?

• Does it matter that the renewal offer for the long-term lease was initially raised in a dinner conversation between Ted and James?

• Should Ted be free to sever relations with Karla with regard to the property? Consider that Ted has man- aged the property and no longer needs Karla's capital. What competing social values does his dilemma involve?

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