Article Review-Part A Lora Carr LAW/421 July 29‚ 2013 Joseph Sette Article Review-Part A The Sarbanes-Oxley Act of 2002 was put in to place as a way of preventing and deterring future accounting fraud‚ protecting shareholders‚ and increasing confidence in public company financial reporting. However‚ SOX has imposed tremendous new duties and costs on public companies and accounting firms. Some individuals may call it an object failure while SOX hoped to create more confidence in capital
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Case Scenario: Big Time Toymaker Case Scenario: Big Time Toymaker Did the parties have a contract? If there was a contract between Big Time Toymaker (BTT) and Chou it was a bilateral contract that was binding when BTT (offeror) paid Chou (offeree) $25K in exchange for limited negotiation privileges for a 90-day period. Consequently‚ BTT bought the rights to negotiate the distribution agreements for Chou’s board game. A bilateral contract is an agreement of two promises and two performances. The
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This pack of LAW 421 Week 3 BUGusa‚ Inc. Worksheet shows the solutions to the following problems: Use the scenarios in the BUGusa‚ Inc.‚ link located on the student website to answer the following questions. 1. Scenario: WIRETIME‚ Inc.‚ Advertisement Has WIRETIME‚ Inc.‚ committed any torts? If so‚ explain. 2. Scenario: WIRETIME‚ Inc. (Janet) Has WIRETIME‚ Inc. committed any torts? If so‚ explain. 3. Scenario: WIRETIME‚ Inc. (Steve and Walter) Discuss any liability BUGusa‚ Inc. may have for
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University of Phoenix Material Article Review Format Guide MEMORANDUM UNIVERSITY OF PHOENIX DATE: April 5‚ 2015 TO: Michael Carrozzo FROM: Tennile Massey RE: Niskanen‚ W. A. (2005). Congress Should Repeal the Sarbanes-Oxley Act. Retrieved from http://www.cato.org/pub_display.php?pub_id=6624 Melvin‚ S. P. (2011). The legal environment of business: A managerial approach: Theory to practice. New York‚ NY: McGraw-Hill/Irwin. ARTICLE SYNOPSIS This article is about
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Law 421/Week Two What are the elements of negligence? How does an intentional tort differ from negligence? Provide examples. Intentional torts can be described as deliberate acts to harm someone. Negligence can be described to deliberately choose not to act in order to fix a problem which ultimately results in someone being harmed. There are several elements that need to be present in order for a claim to be considered negligence (Melvin‚ 2011). According to our text these elements need to be present
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Learning Team Weekly Reflection Law/421 University of Phoenix In Week one of Contemporary Business Law‚ Team A learned about substantive‚ procedural‚ criminal‚ civil‚ common‚ and statutory law. In the reading assignments for week one‚ we discerned the differences that separate the laws and how the courts enforce the laws. Corporations and businesses are awarded protections under the Amendments to the
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International Issues Aimee Head LAW/421 September 9‚ 2013 Kathryn Harris Abstract No two countries have the same political and legal system. Each country has its own laws and regulations on business and products. When doing business in another country it is important to know the laws and abide by them. Culture plays a huge part in a business’s success when venturing into a foreign market. Being sensitive to the cultural and religious beliefs in that country is important to a business’s long
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1. At what point‚ if ever‚ did the parties have a contract? The only agreement that was made between the two was at the start.. The 90 day period that was paid off by BTT for Chou. After this there was no actual contract. They did discuss about having a contract and making it go through email but in the end there came out to be no contract. As it came out to be with no legal signatures from either of the sides then there was nothing to keep. 2. What facts may weigh in favor of or against Chou
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University of Phoenix Material Article Review Format Guide MEMORANDUM UNIVERSITY OF PHOENIX DATE: TO: FROM: RE: Niskanen‚ W. A. (2006). Congress Should Repeal the Sarbanes-Oxley Act. Retrieved from http://www.cato.org/pub_display.php?pub_id=6624 ARTICLE SYNOPSIS The article was a proposal that tried to justify the reason that congress should repeal the Sarbanes-Oxley Act (SOX Act) of 2002. The act is seen as a problem because individual felt that the act
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Discussion Questions One LaShanda Prejean LAW 421 Peter Derouen March 5‚ 2013 Discussion Questions One 1. To what extent does succession planning—such as for wills‚ estates‚ and trusts—affect business? How might these legal topics interact with your current or past job or industry? Every company succession plan carries the three bases that are will‚ trust and estate. The will‚ trust and estate provided a financial security and help plan the future. The purpose
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