LAW 531 Entire Course New Flashcards
Uop LAW 531 Agency and Employment Law (NEW)
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Purpose of Assignment
Employment costs are arguably a business’s biggest expense. Consider how employment law regulates concepts such as discrimination, injuries on the job, employee vs. independent contractor, wrongful discharge, and unionization, to name a few. As you research for this assignment, consider the decisions made in this area are more than business decisions - they can impact lives. How do we reconcile between negatively impacting employees while favorably impacting the bottom line?
Assignment Steps
Resources: Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues: Ch. 18, 19, 20, and 21.
Scenario: As employment costs continue to escalate, it is incumbent upon organizations to continually monitor its internal operations to ensure best practices are being followed. To that end, your CEO has asked you to prepare a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis.
Prepare a SWOT analysis in one of the following formats:
Consider how a principal and agent relationship impacts a business and its employees.
Compare how express, implied, and apparent authority created by the principal and agent impacts equal opportunities for employees.
Identify the laws protecting workers against discriminatory practices.
Evaluate how the legal protections present in the workplace differ for employee and independent contractors.
Cite a minimum of two references for the four content areas taken from a business or legal resource. At least one reference must be from the University Library.
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Uop LAW 531 Assignment Alternative Dispute Resolution in both domestic and international disputes NEW
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Purpose of Assignment
Law impacts how business operations perform. With globalization, the law’s impact and corresponding business risks have grown. The student will learn to consider how and when a business risk should be pursued under traditional litigation (lawsuit, answer, and discovery) and where alternative dispute resolution methods are appropriate in both domestic and international disputes.
Assignment Steps
Resources: Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues: Ch. 1, Ch. 2 (pp. 23-32), Ch. 3, Ch. 4 and Ch. 26; sites such as: Public Library of Law, Law Library of Congress, and Justia Virtual Chase law database
Select a business or industry with which you are familiar and, in a minimum of 700 words, excluding title and reference pages, develop an analysis including the following:
• Identify at least two ways the U.S. legal system affects that business or industry.
• Examine the risks that business or industry encounters when dealing with traditional litigation, (suit, answer, discovery, trial) and what measures business managers can take to reduce exposure to those risks.
• Choose a global/international business dispute from your business or industry, then compare and contrast one form of alternative dispute resolution (ADR) with traditional litigation with regard to that dispute, and recommend which method is preferred and why.
Cite a minimum of three scholarly references. One scholarly reference must be from the University Library.
Format your paper consistent with APA guidelines.
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Uop LAW 531 Assignment Business Torts and Liability NEW
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Purpose of Assignment
You may be familiar with personal torts such as negligence; however, business torts are different as they are being committed not against the person but rather against its intangible assets. Think about what this means and how each aspect of your work might result in a business tort being committed.
Assignment Steps
Resources: Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues: Ch. 5, Ch. 6 and Ch. 7; Legal Source database located in the Week 3 Electronic Reserve Readings
Scenario: In the midst of the ongoing rhetoric and movement to achieve Tort Reform, business tort liability must be acknowledged and planned for as a reality. As the manager of legal risk and corporate governance for a major multi-national pharmaceutical corporation, the board of directors has commissioned you to work alongside your CEO and General Counsel to prepare a report regarding this liability and the exposure it creates for the organization.
Create a maximum 1,050-word report, excluding title and reference pages.
Address the following in the report:
• Evaluate the impact of business tort liability on the pharmaceutical industry in general.
• Determine the growth of business tort liability in the pharmaceutical industry and discuss where and why tort reform is needed.
• Assess the impact of business tort liability on corporate liability under the Alien Tort Statute.
• Explain how business tort liability can be reduced through the implementation of the risk management process.
• Analyze how business tort liability can escalate to criminal liability.
Cite a minimum of two references for the five content areas taken from a business or legal resource. One reference must be from the University Library.
Format your paper consistent with APA guidelines.
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Uop LAW 531 Assignment Form of Organization NEW
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Purpose of Assignment
The legal form an entity or individual takes is a decision that must be considered from a risk and liability perspective, not simply one of ease of formation or cost. Form can impact the entities ability to grow and, in some circumstances, its ability to survive. As you consider this reality and approach this assignment, consider not only the form the business takes but also the way it will be governed. Remember the law requires business leaders conduct their business ethically and within the boundaries of the law.
Assignment Steps
Resources: Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues: Ch. 14, 15, 16 and 17; Week 2 Electronic Reserve Readings; Legal Source database located in the Week 2 Electronic Reserve Readings
Scenario: You are sole proprietor presenting to a group of investors where you are seeking 20 million dollars to raise capital for your manufacturing company.
Prepare a 10- to 15-slide Microsoft® PowerPoint® presentation for your potential investors including both parts:
Part I:
Choose the one form of organization best suited for your manufacturing company and explain why:
• Partnership
• Limited Liability Partnership
• Limited Liability Company (including single member LLC)
• S Corporation
• Franchise
• Corporation
Outline for the investors which form of organization (from the list of six under the first bullet) would be the least suited and why?
Part II:
Address the following for the investors regarding the corporate form of organization only (from the list of six under the first bullet):
• Summarize for investors what legal liabilities could arise for the Director or officer of that board?
• Explain how you could minimize those liabilities for the Director or officer of that board?
Cite a minimum of three scholarly references. One scholarly reference must be from the University Library.
Format your paper consistent with APA Guidelines.
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Uop LAW 531 Assignment Law of Torts NEW
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Read “The IRAC method of case study analysis methodology and other postings I have made on the IRAC methodology including the example of its real life application in the first 3 weerks’ course materials
Background:
Eves-Drop Inc is a company based in the USA which designs, manufactures, and sells electronic recording devices. These devices are used by law enforcement agencies-police, FBI, and so forth-to intercept and record sounds and voices. The equipment taps into telephone wires and cell phone transmission, and picks up sounds and voices through the walls of a house or in open-air locations using a remote microphone. Part of the equipment is driven by software written by its employees.
Consider the following scenarios and analyze in IRAC format:
Determine what torts offenses may have been committed, by whom, and who may Eves-Drop Inc pursue for remedy?
1. Recently a new company, Listening Corp., a competitor of Eves-Drop Inc., has placed an ad in a well-known industry magazine that contains statements against Eves-Drop Inc and its products. The article makes claims that the recording devices that Eves-Drop Inc., produces are low quality and not reliable.
2. Eves-Drop was recently faced with the situation of one of their employee’s breaching their contract by quitting and going to work for the competitor Listening Corp. The employee was Mary who was head of research and development. Mary still had two years left in her contract with Eves-Drop, and the contract also stated that she could not work for a competitor during the two year period that remained regardless of whether she was fired or chose to leave. Ultimately Mary decided to leave prior to the completion of her contract and accepted the offer Listening Corp., made her with a 10% increase in salary and $5,000.00 signing bonus.
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Uop LAW 531 Assignment The Sarbanes-Oxley Act Compliance NEW
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Purpose of Assignment
Corporate fraud has cost businesses and its shareholders millions of dollars and has been the source of legislation and regulations attempting to provide oversight and guidance to corporate boards, executives, and practitioners. Think about how these laws have changed the practices of corporate executives and, in light of the Enron scandal et al., has it been enough?
Assignment Steps
Resources: Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues: Ch. 16 (pp. 364 -368), 22, and 23.
Scenario: The Sarbanes-Oxley Act (SOX) has been in effect since 2002 and has cost businesses millions of dollars in personnel and administrative costs. Your company is in the process of “going public,” has underwritten its Initial Public Offering (IPO), and filed its registration statement with the Securities Exchange Commission. Your current executive team has asked you to create a plan ensuring SOX compliance is followed once you become a publicly traded company.
Review the pertinent sections of The Sarbanes-Oxley Act (SOX) Act. For purposes of this proposal to the board, only concern yourself with the compliance provisions of SOX (Sections 302, 401, 404, 409, and 802).
Create a maximum 1,050-word proposal to the board outling the compliance project necessary to implement SOX.
Cite a minimum of one reference for the five content areas taken from a business or legal resource. One resource must be from the University Library.
Format your paper consistent with APA guidelines.
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Uop LAW 531 Entire Course (2 Set) NEW
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LAW 531 Week 1 Individual Assignment The Role and Function of Law in Business (2 Papers)
LAW 531 Week 2 Team Assignment Business Organizations and Governance (2 Papers)
LAW 531 Week 2 Individual Assignment Business Organizations and Governance (2 Papers)
LAW 531 Week 3 Team Assignment Business Tort and Criminal Liability Presentation (2 PPT)
LAW 531 Week 3 Individual Assignment Business Tort Liability (2 Papers)
LAW 531 Week 4 Signature Assignment Contract Formation and Property (2 Papers)
LAW 531 Week 5 Individual Agency Relationships (2 Papers)
LAW 531 Week 5 Team Title VII, ADA and Discrimination Presentation (2 PPT)
LAW 531 Week 6 Team Regulatory Risk and Corporate Governance Paper (2 Papers)
LAW 531 Week 1 DQ 1
LAW 531 Week 1 DQ 2
LAW 531 Week 2 DQ 1
LAW 531 Week 2 DQ 2
LAW 531 Week 3 DQ 1
LAW 531 Week 3 DQ 2
LAW 531 Week 4 DQ 1
LAW 531 Week 4 DQ 2
LAW 531 Week 5 DQ 1
LAW 531 Week 5 DQ 2
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Uop LAW 531 Assignment The Sarbanes-Oxley Act Compliance NEW
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Purpose of Assignment
Corporate fraud has cost businesses and its shareholders millions of dollars and has been the source of legislation and regulations attempting to provide oversight and guidance to corporate boards, executives, and practitioners. Think about how these laws have changed the practices of corporate executives and, in light of the Enron scandal et al., has it been enough?
Assignment Steps
Resources: Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues: Ch. 16 (pp. 364 -368), 22, and 23.
Scenario: The Sarbanes-Oxley Act (SOX) has been in effect since 2002 and has cost businesses millions of dollars in personnel and administrative costs. Your company is in the process of “going public,” has underwritten its Initial Public Offering (IPO), and filed its registration statement with the Securities Exchange Commission. Your current executive team has asked you to create a plan ensuring SOX compliance is followed once you become a publicly traded company.
Review the pertinent sections of The Sarbanes-Oxley Act (SOX) Act. For purposes of this proposal to the board, only concern yourself with the compliance provisions of SOX (Sections 302, 401, 404, 409, and 802).
Create a maximum 1,050-word proposal to the board outling the compliance project necessary to implement SOX.
Cite a minimum of one reference for the five content areas taken from a business or legal resource. One resource must be from the University Library.
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment as a Microsoft® Word document
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UOP LAW 531 Final Exam Guide (New 2018)
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1. The obligation owed by individuals to one another not to cause any unreasonable harm or any risk of harm is called:
duty of care
duty of restoration.
duty of loyalty.
duty of restitution.
2. Which of the following best describes the term warranty?
It refers to the terms in a sales contract stipulating the party that will bear the risk of loss of goods during shipment.
It is a purchaser’s title to goods obtained by the impersonation of another person.
It is the seller’s assurance to a buyer that the goods sold meet certain standards of quality.
It refers to the transfer of possession of stolen property to a person who had bought the property without the knowledge that it has been stolen.
3 The manifestation of the substance of a contract by two or more individuals is called __________.
acceptance
an agreement
an offe
consideration
4 Workers’compensation is defined as the:
set of programs mandated by the government to ensure safety in places of work
remuneration awarded to employees and their families when the employees are injured on the job.
insurance obtained by employees from private insurance companies and government-sponsored programs.
system that provides retirement and death benefits to covered employees and their dependents.
5. Which of the following applies to trade restraints that are inherently anticompetitive?
The per se rule
The pro rata rule
The rule of four
The rule of reason
6. A group boycott occurs when:
competitors at one level of distribution collectively refuse to deal with others at a different level of distribution.
parties enter into a trade agreement that has greater anticompetitive effects than procompetitive effects.
competitors agree that they will distribute their goods to only a particular portion of the market.
parties at different levels of distribution enter into an agreement to adhere to a schedule that will stabilize prices.
- Which of the following scenarios is an example of law and ethics contradicting each other?
the trademarked garment designs of a well-known fashion designer.
A restaurateur, whose restaurant is violating labor laws, bribes a federal official to prevent him from reporting the violations.
A florist in the United States employs an illegal immigrant to help the immigrant and her family overcome their financial difficulties.
An iron-ore manufacturing company provides its employees with high-quality safety equipment.
8. Corporate officers are elected by a corporation’s __________.
board of directors
preferred stockholders
owners
common stockholders
9. Which of the following is a category of torts?
Personal liability
Nonintent crime
Professional malpractice
Strict liability
10. Corporate officers are best described as:
owners of a corporation with limited liability for its debts and obligations
directors elected by a corporation’s shareholders.
employees appointed to manage the daily operations of a corporation.
partners pursuing a joint venture transaction
11. 11
Which of the following is a remedy that requires the breaching party to perform the acts promised in a contract?
Binding arbitration Special damages Specific performance Punitive damages 12. Helen buys a toy railway set for her 3-year-old son, Ben. The product’s cover mentions that the toy is suitable for children only aged between 3 and 12. While playing with the toy one evening, without Helen’s supervision, Ben chokes on an inch-long engine driver figure that forms part of the train. Although he survives, he is traumatized by the incident. For which type of defect can Helen sue the toy manufacturer? Failure to tamperproof
Defect in product packaging
Failure to warn
Defect in manufacture
13. An agency that appears to be created by a principal but does not exist in reality is called a(n) __________.
fully disclosed agency
implied agency
apparent agency
agency by ratification 14. 14 Robert orders coffee while having breakfast in a diner. He suffers third-degree burn injuries when the coffee accidently spills on him. He presses charges against the diner for failing to notify him that the coffee was exceptionally hot. In this scenario, the diner is guilty of a(n) \_\_\_\_\_\_\_\_\_\_. intentional tort unintentional tort nonintent crime intent crime 15. When an employer does not discriminate against women in general but treats women above the age of 40 differently, the employer is practicing \_\_\_\_\_\_\_\_\_\_. color discrimination religious discrimination sex-plus discrimination
racial discrimination
16. Insider trading is considered illegal because:
it results in excessive losses for the company.
it makes use of nonmaterial public information.
it fails to account for the short-swing profits brought into a company.
it limits investment opportunities for the investing public.
17. When can an arbitrator’s decision and award be appealed to the courts?
When an arbitration is binding
While entering a negotiation
While drafting a submission agreement
When an arbitration is nonbinding
18. When one party acquires a license to use another party’s business model and intellectual property in the distribution of goods and services, the arrangement is a __________.
limited liability partnership
franchise
joint venture
kickback
19. Which of the following is a difference between embezzlement and larceny?
Embezzlement is an unintentional tort, whereas larceny is a nonintent crime.
Embezzlement is usually punishable by the payment of monetary damages, whereas larceny is usually punishable by the death penalty.
Embezzlement is the stealing of property by a person to whom the property was entrusted, whereas larceny is the stealing of property by a person not entrusted with it.
Embezzlement is the snatching of personal property from a person’s home, whereas larceny is the snatching of personal property from a person on the street.
20. Which of the following is a criticism of the ethical fundamentalism theory?
It does not allow people to decide for themselves what is right and what is wrong.
It is impossible in the real world to expect that everyone in society will obey moral rules.
It does not reach an agreement on what the universal rules should be.
It is impossible to measure the “good” that may result from different actions.
- Which of the following is a characteristic of torts?
They are usually not tried by the jury.
They are brought to court by a plaintiff.
They are punishable by the death penalty.
They are tried by criminal procedure.
22. 2
A goal of the Sarbanes-Oxley Act of 2002 is to:
control and closely monitor the financial accounts of all corporations in the United States.
allow directors and executive officers of public companies to be given personal loans from the companies.
end conflicts of interest, establishing better corporate governance.
enable smooth settlement of alleged fraud among major corporations.
23. Laws that prohibit discrimination based on race, gender, or religion in the workplace primarily serve the function of:
minimizing the freedom of employees
providing a basis for compromise.
advocating social justice.
creating a new status quo.
24. Which of the following is a requirement for obtaining a patent for an invention?
The invention must be in the form of a service.
The invention must be original.
The invention needs to be made of highly valuable components.
The invention needs to be recognizable to the general public.
25.
The power and authority to exclude competition or control prices is known as __________.
enumerated power
implied power
monopoly power
reserved power
26. Which of the following is an advantage of franchising?
It allows businesses to reach profitable new markets.
It enables two businesses to pool their resources to pursue a common goal
It allows a business to consist of only general partnRoberers.
It grants free access to the intellectual property of a business to anyone in the same market.
27. Laws that protect governments from being overthrown primarily serve the function of:
minimizing individual freedom.
advocating social justice
providing bases for compromise.
maintaining the status quo.
28.
Which of the following is prohibited by the Food, Drug, and Cosmetic Act (FDCA) with regard to food?
The sale of non-organic food products
Labeling of raw seafood products
Labeling of genetically engineered food products
The sale of adulterated food
29.
Which of the following is a difference between arbitration and mediation?
The decision of an arbitrator is nonbinding, whereas the decision of a mediator is binding.
The role of an arbitrator is merely to assist parties in reaching a settlement, whereas the role of a mediator is similar to the role of a trial judge.
An arbitrator is authorized to issue an award, whereas a mediator can only assist in reaching a settlement.
Arbitration is an informal method of dispute resolution, whereas mediation is a formal method of dispute resolution.
30.
Ken owns a small convenience store in a street corner in California. One afternoon, a teenage boy enters his store, looks around, and prepares to walk out without buying anything. Ken is wary of the boy because of the boy’s shabby clothing. He stops and asks the boy to empty his pockets and then questions him for about five minutes. After finding that the boy does not have anything from the store on him, Ken reluctantly lets him go. Which of the following is a merchant protection statute that Ken has violated?
Reasonable grounds for suspicion
Adequate assurance of performance
Reasonable duration of detention
Adverse possession
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Uop LAW 531 Final Exam Guide (New 2017) NEW
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1. The obligation owed by individuals to one another not to cause any unreasonable harm or any risk of harm is called:
duty of care
duty of restoration.
duty of loyalty.
duty of restitution.
- Which of the following best describes the term warranty?
It refers to the terms in a sales contract stipulating the party that will bear the risk of loss of goods during shipment.
It is a purchaser’s title to goods obtained by the impersonation of another person.
It is the seller’s assurance to a buyer that the goods sold meet certain standards of quality.
It refers to the transfer of possession of stolen property to a person who had bought the property without the knowledge that it has been stolen.
3 The manifestation of the substance of a contract by two or more individuals is called __________.
acceptance
an agreement
an offer
consideration
4 Workers’compensation is defined as the:
set of programs mandated by the government to ensure safety in places of work.
remuneration awarded to employees and their families when the employees are injured on the job.
insurance obtained by employees from private insurance companies and government-sponsored programs.
system that provides retirement and death benefits to covered employees and their dependents.
- Which of the following applies to trade restraints that are inherently anticompetitive?
The per se rule
The pro rata rule
The rule of four
The rule of reason
6. A group boycott occurs when:
competitors at one level of distribution collectively refuse to deal with others at a different level of distribution.
parties enter into a trade agreement that has greater anticompetitive effects than procompetitive effects.
competitors agree that they will distribute their goods to only a particular portion of the market.
parties at different levels of distribution enter into an agreement to adhere to a schedule that will stabilize prices.
- Which of the following scenarios is an example of law and ethics contradicting each other?
the trademarked garment designs of a well-known fashion designer.
A restaurateur, whose restaurant is violating labor laws, bribes a federal official to prevent him from reporting the violations.
A florist in the United States employs an illegal immigrant to help the immigrant and her family overcome their financial difficulties.
An iron-ore manufacturing company provides its employees with high-quality safety equipment.
- Corporate officers are elected by a corporation’s __________.
board of directors
preferred stockholders
owners
common stockholders
9. Which of the following is a category of torts?
Personal liability
Nonintent crime
Professional malpractice
Strict liability
10. Corporate officers are best described as:
owners of a corporation with limited liability for its debts and obligations.
directors elected by a corporation’s shareholders.
employees appointed to manage the daily operations of a corporation.
partners pursuing a joint venture transaction
11. 11
Which of the following is a remedy that requires the breaching party to perform the acts promised in a contract?
Binding arbitration
Special damages
Specific performance
Punitive damages
12. Helen buys a toy railway set for her 3-year-old son, Ben. The product’s cover mentions that the toy is suitable for children only aged between 3 and 12. While playing with the toy one evening, without Helen’s supervision, Ben chokes on an inch-long engine driver figure that forms part of the train. Although he survives, he is traumatized by the incident. For which type of defect can Helen sue the toy manufacturer?
Failure to tamperproof
Defect in product packaging
Failure to warn
Defect in manufacture
13. An agency that appears to be created by a principal but does not exist in reality is called a(n) __________.
fully disclosed agency
implied agency
apparent agency
agency by ratification
14. 14
Robert orders coffee while having breakfast in a diner. He suffers third-degree burn injuries when the coffee accidently spills on him. He presses charges against the diner for failing to notify him that the coffee was exceptionally hot. In this scenario, the diner is guilty of a(n) __________.
intentional tort
unintentional tort
nonintent crime
intent crime
15. When an employer does not discriminate against women in general but treats women above the age of 40 differently, the employer is practicing __________.
color discrimination
religious discrimination
sex-plus discrimination
racial discrimination
16. Insider trading is considered illegal because:
it results in excessive losses for the company.
it makes use of nonmaterial public information.
it fails to account for the short-swing profits brought into a company.
it limits investment opportunities for the investing public.
17. When can an arbitrator’s decision and award be appealed to the courts?
When an arbitration is binding
While entering a negotiation
While drafting a submission agreement
When an arbitration is nonbinding
18. When one party acquires a license to use another party’s business model and intellectual property in the distribution of goods and services, the arrangement is a __________.
limited liability partnership
franchise
joint venture
kickback
19. Which of the following is a difference between embezzlement and larceny?
Embezzlement is an unintentional tort, whereas larceny is a nonintent crime.
Embezzlement is usually punishable by the payment of monetary damages, whereas larceny is usually punishable by the death penalty.
Embezzlement is the stealing of property by a person to whom the property was entrusted, whereas larceny is the stealing of property by a person not entrusted with it.
Embezzlement is the snatching of personal property from a person’s home, whereas larceny is the snatching of personal property from a person on the street.
20. Which of the following is a criticism of the ethical fundamentalism theory?
It does not allow people to decide for themselves what is right and what is wrong.
It is impossible in the real world to expect that everyone in society will obey moral rules.
It does not reach an agreement on what the universal rules should be.
It is impossible to measure the “good” that may result from different actions.
- Which of the following is a characteristic of torts?
They are usually not tried by the jury.
They are brought to court by a plaintiff.
They are punishable by the death penalty.
They are tried by criminal procedure.
22. 2
A goal of the Sarbanes-Oxley Act of 2002 is to:
control and closely monitor the financial accounts of all corporations in the United States.
allow directors and executive officers of public companies to be given personal loans from the companies.
end conflicts of interest, establishing better corporate governance.
enable smooth settlement of alleged fraud among major corporations.
23. Laws that prohibit discrimination based on race, gender, or religion in the workplace primarily serve the function of:
minimizing the freedom of employees.
providing a basis for compromise.
advocating social justice.
creating a new status quo.
24. Which of the following is a requirement for obtaining a patent for an invention?
The invention must be in the form of a service.
The invention must be original.
The invention needs to be made of highly valuable components.
The invention needs to be recognizable to the general public.
25.
The power and authority to exclude competition or control prices is known as __________.
enumerated power
implied power
monopoly power
reserved power
26. Which of the following is an advantage of franchising?
It allows businesses to reach profitable new markets.
It enables two businesses to pool their resources to pursue a common goal.
It allows a business to consist of only general partnRoberers.
It grants free access to the intellectual property of a business to anyone in the same market.
27. Laws that protect governments from being overthrown primarily serve the function of:
minimizing individual freedom.
advocating social justice
providing bases for compromise.
maintaining the status quo.
28.
Which of the following is prohibited by the Food, Drug, and Cosmetic Act (FDCA) with regard to food?
The sale of non-organic food products
Labeling of raw seafood products
Labeling of genetically engineered food products
The sale of adulterated food
29.
Which of the following is a difference between arbitration and mediation?
The decision of an arbitrator is nonbinding, whereas the decision of a mediator is binding.
The role of an arbitrator is merely to assist parties in reaching a settlement, whereas the role of a mediator is similar to the role of a trial judge.
An arbitrator is authorized to issue an award, whereas a mediator can only assist in reaching a settlement.
Arbitration is an informal method of dispute resolution, whereas mediation is a formal method of dispute resolution.
30.
Ken owns a small convenience store in a street corner in California. One afternoon, a teenage boy enters his store, looks around, and prepares to walk out without buying anything. Ken is wary of the boy because of the boy’s shabby clothing. He stops and asks the boy to empty his pockets and then questions him for about five minutes. After finding that the boy does not have anything from the store on him, Ken reluctantly lets him go. Which of the following is a merchant protection statute that Ken has violated?
Reasonable grounds for suspicion
Adequate assurance of performance
Reasonable duration of detention
Adverse possession
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Uop LAW 531 Individual Assignment The Role and Function of Law in Global Business NEW
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Purpose of Assignment
Law impacts how business operations perform. With globalization, the law’s impact and corresponding business risks have grown. The student will learn to consider how and when a business risk should be pursued under traditional litigation (lawsuit, answer, and discovery) and where alternative dispute resolution methods are appropriate in both domestic and international disputes.
Assignment Steps
Resources: Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues: Ch. 1, Ch. 2 (pp. 23-32), Ch. 3, Ch. 4 and Ch. 26; sites such as: Public Library of Law, Law Library of Congress, and Justia Virtual Chase law database
Select a business or industry with which you are familiar and, in a minimum of 700 words, excluding title and reference pages, develop an analysis including the following:
• Identify at least two ways the U.S. legal system affects that business or industry.
• Examine the risks that business or industry encounters when dealing with traditional litigation, (suit, answer, discovery, trial) and what measures business managers can take to reduce exposure to those risks.
• Choose a global/international business dispute from your business or industry, then compare and contrast one form of alternative dispute resolution (ADR) with traditional litigation with regard to that dispute, and recommend which method is preferred and why.
Cite a minimum of three scholarly references. One scholarly reference must be from the University Library.
Format your paper consistent with APA guidelines.
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