Table of ContentsIntroduction:Case Study:Conclusion:Introduction:JP Morgan is the largest trading and banking company, it was founded by JP Morgan in 1871. On June 17, Gayane, the transport vessel owned by JP Morgan received a lease at MSC while en route to Delaware Bay, meanwhile, at the Port of Philadelphia, US Customs and Border Protection seized 20 tons of cocaine on this ship. This basic audit assesses the ethical and commercial ramifications of this question, drawing on three hypothetical perspectives, specific to Kantianism and individualism. After evaluating and dissecting a set of findings and recommendations regarding ethical business practices. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essayCase Study: MSC Gayane is the transport ship owned by JP Morgan and it was leased to Mediterranean Ship Company. On the night of June 16, the JP Morgan-owned transport vessel MSC Gayane was en route to the Port of Delaware, during the inspection of the Port of Philadelphia conducted by U.S. Border and Customs, and during the inspection , customs officers boarded the ship and found that some containers were not properly sealed. The next morning, some of the ships were x-rayed by customs officials. They discovered that there was only cocaine in the poorly sealed ships. There were approximately 39,525 pounds of cocaine, or nearly 20 tons. This is the largest cocaine seizure in U.S. history. The cost of the cocaine was $1.3 billion, the MSC Gayane contained more cocaine than the cocaine seized in West Africa between 2013 and 2016. The MSC Gayane sailed under the Liberian flag several times, based in West African countries. West Africa is the most popular route for drug traffickers, showing evidence of drug trafficking between West Africa and the United States. MSC, owned by Gianluigi and Rafaela Aponte, already had a bad history. There, transport ships were already caught in drug trafficking three times. . The first was in Philadelphia and the second in Italy. According to MSC, the transport ship was en route to Europe until it was intercepted by US customs at the Port of Philadelphia. MSC Gayane's route was Colombia, Peru, Panama and the Bahamas. At first, the US Border Protection decided to seize only the containers, but later they seized the entire ship and many members of the ship's crew were arrested for being involved in this drug trafficking . A spokeswoman for the U.S. Attorney for the Eastern District of Pennsylvania said the court was unable to confirm the ownership of the vessel and so this case is currently sealed by the court. Many questions are raised in this case, JP Morgan has decided not to give any information about this case to the media, their silence creates a lot of doubts as to whether JP Morgan was involved in drug trafficking or if they were involved for the sole benefit of their business or if MSC was involved in drug trafficking. The United States government is currently trying to resolve this problem. The ethical problems, in this case, will be Kantianism and utilitarianism. Utilitarianism: It is the theory that decides which action is right or wrong based on the consequences. Utilitarianism believes in making life better by increasing the good things and decreasing the bad things. He concludes in business terms that “the decision taken.