Index Introduction:Case study:Conclusion:Introduction:JP Morgan is the largest trading and banking company, was founded by JP Morgan in 1871. On June 17, Gayane, the owned sea vessel of JP Morgan was leased to MSC while en route to the Delaware Bay in the Port of Philadelphia, US Customs and Border Protection seized 20 tons of cocaine from this vessel. This basic audit evaluates the ethical and business ramifications of this issue, drawing on three hypothetical viewpoints that are specific to Kantianism and Individualism. After evaluating and analyzing a series of conclusions and recommendations are made regarding ethical business practices. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original EssayCase Study: The MSC Gayane is the cargo ship owned by JP Morgan and was leased to the Mediterranean Ship Company. On the night of June 16, the J.P. Morgan-owned cargo ship, MSC Gayane, was en route to the Port of Delaware, during the Port of Philadelphia inspection conducted by U.S. Border and Customs, and during the inspection, customs officials boarded the vessel and found that some containers were not properly sealed outside. The next morning some of the containers were X-rayed by customs officers and they discovered that only cocaine was present in the inadequately sealed containers. There were approximately 39,525 pounds of cocaine, or nearly 20 tons. It was the largest cocaine seizure in U.S. history. The amount of cocaine cost was $1.3 billion, MSC Gayane had more cocaine than seized in West Africa between 2013 and 2016. MSC Gayane sailed many times under the Liberian flag which is based in the countries of 'West Africa. West Africa is the most popular route for drug dealers, this shows evidence of drug trafficking between West Africa and the United States. The MSC, owned by Gianluigi and Rafaela Aponte, already had a bad history, cargo ships there had already been caught three times in drug trafficking. . The first was in Philadelphia and the second in Italy. According to MSC, the vessel was en route to Europe until it was intercepted by U.S. Customs at the Port of Philadelphia. The route of the MSC Gayane was Columbia, Peru, Panama and the Bahamas. US Border Protection initially decided to seize only the containers, but they later seized the entire ship and many of the ship's crew were arrested for being involved in this drug trafficking. The spokeswoman for the U.S. Attorney for the Eastern District of Pennsylvania said the court was unable to confirm the owner of the vessel, so this case is currently sealed by the court. There are many questions raised in this case, JP Morgan has decided not to give any information about this case to the media, their silence creates many doubts as to whether JP Morgan was involved in drug trafficking or whether they were involved just to profit from their company or MSC was involved in drug trafficking. The US government is currently trying to solve this problem. The ethical issues, in this case, will be Kantianism and utilitarianism. Utilitarianism: is the theory that decides which action is right or wrong depending on the consequences. Utilitarianism believes in making life better by increasing good things and decreasing bad things and this concludes in business terms that “the decision made should be such that the consequence of that decision is to maximize the happiness of others”. Utilitarianism uses cost-benefit analysis. But in.