Which of the following ethical theories focuses on the contract between the firm and the customer?

Question

Quizplus · Accepted Answer

Contractual theory emphasizes on the mutually agreed upon contract between the firm and the customer. It highlights the significance of fulfilling the obligations specified in the contract and the consequences of breaching the terms of the agreement. In this ethical theory, the emphasis is on the legal implications of contracts and the binding nature of agreements, rather than just the moral implications of ethical behavior.

Which of the Following Ethical Theories Focuses on the Contract