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UNIT 3
APPLICATION AND ETHICS
FANTASY SPORTS—LEGAL 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
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.
2 UNIT THREE: CONTRACTS AND E-CONTRACTS
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