Ethical Dilema

In any business practice legal regulation is a significant source of business ethics and this is the perfect scenario to discuss the following moral and ethical guidelines. There are at least five major ethical rules that can be drawn from the law. These include liberty and rights, good faith, due care, confidentiality, and conflict of interest (Corley et al. 367). In this scenario, the Vice President of Production demonstrated a breach of ethics. Foremost, the vice president has not acted in good faith. As defined in the Find Law legal dictionary, good faith means to act with honesty, fairness, and lawfulness of purpose. The vice president’s decision to dump various

The company would be engaging in ultra hazardous activities thus committing a strict liability tort. Any injuries or accidents caused by the toxic substances, such as someone falling into the pond because it was uncovered or a leakage in the container gave several employees cancer; fault or intent would not need to be proved. According to strict liability, the company is at fault for improperly storing the toxic substances and the plaintiff would not need to prove negligence. Even if the V.P. did not tell the President of the company that he is storing the toxic substance on-site, the owner of the company is still responsible for any injury or accident caused by the toxic pond (Corley 215).

toxic production wastes into a holding pond is malicious and illegal. Furthermore, he is not exercising due care. As the vice president, he is expected to act prudently. This includes evaluating the consequences of dumping toxic waste into a holding pond on the environment and community.

The legal ramifications if the Vice President decides to go ahead with this plan to store toxic waste on-site are numerous. The company would be violating several E.P.A. regulations concerning toxic waste management. According to the Toxic Substances Control Act, if the company plans to go ahead and store the toxic substance on-site, the company would need to test the substance first for toxicity levels, notify the E.P.A. that they are planning to store the toxic substance on-site, file a report with the E.P.A., build a proper containment unit, probably need to obtain a license for storing the toxic material and finally have an inspector approve the storage facility. The cost of properly storing toxic substances is expensive. If the company decides to go the other route and not bother with the procedures, they will be faced with various civil and criminal law suits if someone should get injured in rela

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