Sunday, February 2, 2020
Business Ethics Article Example | Topics and Well Written Essays - 250 words - 2
Business Ethics - Article Example In court, Sergeant Brash provided evidence on how he tried to contact the mortgage company, PHH Mortgage. One arm of the company kept sending him late payment notices while the other arm kept refusing his automatic payments. His attorney sued the mortgage company under Georgia and federal laws. Sergeant Brash had taken out the mortgage in November, 2007. The court has finally made a judgment on the case and awarded Brash $21 million dollars. 2. Did PHH Mortgage as a business have any good defense that could oppose the sergeant's suit?. It is the eighth largest mortgage company in the United States and in this case it was pursuing a military man. It could be suggested that PHH Mortgage was doing all it can to maximize profit in favor of the open and free market that is unregulated. Another view would be that it was following a trend of the market, which at this time is to simply move people out of their homes. 3. What is the moral issue involved? Could the Sergeant pay for the home? Y es. It appears there was some duplicity involved on behalf of PHH Mortgage. Rawl's theory of distributive or contractual justice would have people hide behind a "veil of ignorance" to make decisions giving to all the most extensive basic rights of liberty.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.