LAW/421 Version 1 Contemporary Business Law Individual Assignment: Role and Functions of Law Paper Laws are set by government to create a better society and business transactions. Laws are created and do force us to give some our freedom to be able to live in a safe environment and feel comfortable to make transactions. Through Laws it helps adjust social behavior‚ which allows society to work effectively. Laws also are put forth to have ethical standards in society and business‚ so that no one
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Dispute Summary Paper LAW 421 Dispute Summary Paper Alternative Dispute Resolution (ADR) is an important aspect of the court’s structure in that it allows disputes to be resolved without the need for litigation. The different types of this key alternative will be discussed along with a pros and cons of each alternative type. A personal perspective of how ADR has worked for me in the past will be included as well as what type was used.
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Role and Functions of Law and Society Natasha Jackson LAW/421 August 20‚ 2014 Machelle Thompson Roles and Functions of Law in Society Ages ago‚ our forefather created a structure for rules of conduct called laws. Law helps to enforce and maintain ethical standards and civil obedience. In business and society the rules of conduct are essential to preserving order and harmony. The complexities of the law can be somewhat mind boggling when in fact the intent is to simplify discord. Nonetheless
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Case Scenario: Big Time Toymaker LAW/421 Case Scenario: Big Time Toymaker Read the “Theory to Practice” section at the end of Ch. 6 of the text. Answer Questions 1 through 6 based on the scenario in the “Theory to Practice” section‚ and complete the following in your response: At the conclusion of the situation‚ BTT says that it’s not serious about releasing Chou’s new technique game‚ Strat. Presuming BTT and Chou have got a deal‚ and BTT has breached the
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bribes. The fact that bribes are hidden and undisclosed is a direct indicator that an illegal act is being pursued. This typically means that a company’s financial statement has been falsified. Under Sarbanes Oxley this is a violation of the securities law. Later that year Wal-Mart officials signed off on a false investigation into these alleged bribes. CEO Mike Duke‚ head of the company’s international operations at that time‚ and other top executives were informed of the bribes and the false investigation
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partnership debts | Limited partners are prohibited by law from participating in management‚ can lose more than their investments‚ and get less than the general partners of unusually high profits | One partner can transfer a profit interest to an external party‚ but not control. | The general partners usually receive a management fee and share in profits. | There is only one level of taxation. General partnership
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veryone should now have a copy of the final exam posted to their individual forum along with instructions for taking the exam. Please let me know if you do not see it. It is not timed so please us it as a learning experience. All of the questions were taken directly from the text. veryone should now have a copy of the final exam posted to their individual forum along with instructions for taking the exam. Please let me know if you do not see it. It is not timed so please us it as a
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This paperwork comprises LAW 421 Week 3 Team Legal Issues in Cyberspace Legal Issues in Cyberspace Intellectual property might be a firm’s biggest asset. It’s extremely important that the organization defend the property and restrict harms which may happen in case the property is thieved or duplicated. The main topic of today’s debate will entail “Legal Problems in Cyberspace”‚ and “Copyright Violation.” The debate will incorporate the way the problems correspond with the participants’
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International Legal and Ethical Issues Toronio Elam LAW/421 October 7‚ 2013 Titus Nichols International Legal and Ethical Issues In week two of LAW/421 there has been an objective set forth in addressing international legal and ethical issues based upon the web simulation. Amongst this objective there has also been a list of questions given to anchor the body of the summary. Addressed in this summary will be the issues involved in resolving legal disputes in international transactions
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Phoenix Contemporary Business Law LAW/421 Thomas Friedman July 31‚ 2013 International Legal and Ethical Issues Simulation Summary What are the issues involved in resolving legal disputes in international transactions? “When a U.S. company enters into an agreement located in another country‚ it must ensure the contract is legally enforceable” (Melvin‚ 2011). The same would apply to an international business‚ and they should be fully aware of any changes made to international laws and legislations. What
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