Ethics and Contracts
Strayer University October 23, 2011
Abstract
The question, “Does Business and Ethics Still Exist?” has generally caused honest business owners and also government agencies to ponder this notion. Even though the Federal Acquisition Regulation (FAR) is established in order to prevent unethical practices by contractors and government agencies failing to abide by this regulation, does not mean everyone it pertains to will adhere. Within this paper, I will present researched instances of unethical actions related to federal contracting that present ethics and contracting as negative representation. In addition, I will also recommend corrective actions for the unethical acts I have presented citing the appropriate FAR or federal regulated guideline related to the recommended guideline to support.
As previously stated within the Abstract section of this paper, the question, “Does Business and Ethics Still Exist?” has generally caused honest business owners and also government agencies to ponder this notion. Even though the Federal Acquisition Regulation (FAR) is established in order to prevent unethical practices by contractors and government agencies failing to abide by this regulation, does not mean everyone it pertains to will adhere? The Federal Acquisition Regulation (FAR), is the principal set of rules in the Federal Acquisition Regulation System. This system consists of sets of regulations issued by agencies of the Federal government of the United States to govern what is called the "acquisition process"; this is the process through which the government purchases ("acquires") goods and services. That process consists of three phases: (1) need recognition and acquisition planning, (2) contract formation, and (3) contract administration. The FAR System regulates the activities of government personnel in carrying out that process. It does not regulate the purchasing
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