Business Law Question

You work in the Ethics Department for ABC Company (ABC). Your department is dedicatedto advising its employees about their ethical obligations in the corporate setting. Allcommunications you receive in this capacity are confidential.Luke, an employee of ABC, comes to you with the following scenario and asks for your advice.He wants to fully consider the situation. Your task is to advise him on all perspectives on thesituation. Below are the facts that Luke provides to you.Luke has been asked to work on a project that involves developing land recently purchased byABC to build an adult entertainment retail store. According to the plan, the land is located onthe corner of the neighborhood where Owen, Luke’s brother, lives.Luke knows that as soon as the plans for the store are made public, property values for thesurrounding neighborhood will decrease significantly. ABC plans to publicly announce theproject one month from today.Luke is concerned about his obligations of confidentiality to his company. However, Luke isalso very close to Owen, who recently told Luke that he received an offer to sell his house at an“okay” price given the current real estate market. Owen is considering selling but hasn’t madeany final decision yet. He wonders if he might get a better offer a few years from now whenthe real estate market improves.

What is the ethical issue, why is this an issue, and what should Luke do about it?

Use Microsoft Word

12 point font,

times new roman,

single spacing.

750 and 1000 words.

Where using headers, you must include these:

1. Facts

2. Issue

3. Analysis (note- this is where you may want to use additionalheaders to further organize your thoughts)

4. Recommendation (Final recommendation need to be strong)

Note: Don’t forget the putUtilitarianism and Universal Ethics