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Business Law Unit 3 Homework Explain The Most Significant Factor Determining Whether

Page Count
2 pages
Word Count
452 words
Book Title
Business Law: Text and Cases 14th Edition
Authors
Frank B. Cross, Kenneth W. Clarkson, Roger LeRoy Miller
1
UNIT 3
APPLICATION AND ETHICS
FANTASY SPORTSLEGAL GAMBLING?
ANSWERS TO THE QUESTIONS
AT THE END OF THE FEATURE
ETHICS QUESTION
Is gambling less ethical than trading in securities or funding a start-up? Why? Yes, gam-
bling is less ethical than trading in securities or funding a start-up.
Of course, gambling is illegal in various forms in many states. Participating in gambling in
those states would of course be unethical. Investing in securities or funding a start-up may be
strictly regulated but neither activity is illegal.
CRITICAL THINKING
What is the most significant factor in determining whether fantasy sports games consti-
tute gambling? Explain. The most significant factor in determining whether a fantasy sports
game constitutes gambling is the extent to which winning the game is a result of luck or chance
rather than skill.

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