Prin ch 3

Promoting the welfare of other is called

How the owners and employees of a company think, feel, and act as a business

This is issued when two or more individuals create a business

A document that directs how business should be conducted

Each person who participates in the contract is called

Rules of behavior bases on ideas about what is right and wrong

Order to remove or repair unsafe products in the market

Means a person is legally able to enter a binding agreement

The negotiation of employment terms between employers and union workers

A contract to rent something

Honesty of a person's actions

Contract lists the products or services provided by a business and the price to be paid

Any work create by a company employee on the job that is owned by that company

Behaving with sensitivity to social, environmental, and economic issues

Number assigned by the IRS for business to use for income tax purposes

When one or more parties do not follow the agreed terms of a contract

A legally binding agreement between two or more people or businesses

This is a proposal to provide a good or a srvice.

Principles that help define appropriate behavior in a business setting

All parties involved must agree to the terms of the contract

Specific information about a company or its employees is never shared

Something of value promised in a contract is called