LIT1 – Task 310.1.2-01-06 Part A SOLE PROPRIETORSHIP: A sole proprietorship is the easiest of all the business types to start and take the least amount of start-up capital. This is also the most common form of doing business in the United States. With a sole proprietorship‚ the business and the owner are one in the same and it is not possible to bring someone into the business. Liability: The owner is responsible for the debt of the business. There is no differential made from the business
Premium Corporation Types of business entity Types of companies
LIT1 Task 2 Situation A The Family and Medical Leave Act sets regulations for job-protected leave related to family and medical reasons. FMLA applies to organizations with 50 or more employees working within 75 miles of the employee’s worksite (“Employment Laws‚” n.d.‚ para. 6). Employees who have been with their current employer for 12 months and who have worked 1250 hours of service in the previous 12 months are eligible for 12 weeks of unpaid leave through FMLA (“Eligibility Requirements
Premium Employment Americans with Disabilities Act of 1990
Cited: Page 1.Lau T.S. & Lisa J.A. (2013) The Legal and Ethical Environment of Business. New York: Flat World Knowledge Inc.
Premium Law Employment Human rights
Situation A Facts of Situation A as it pertains to the Family and Medical Leave Act of 1993 (FMLA). • Employee A has been employed for over 1 year • Employee A was on extended leave due to the birth of a child • Company X has more than 50 employees • New Manager agrees to return Employee A to previous job and pay‚ denying pay for time off The FMLA states that an employee can be on extended leave up to 12 weeks without pay as long as certain provisions are met. In reviewing the facts of this
Premium Employment Age Discrimination in Employment Act Discrimination
Part A SOLE PROPRIETORSHIP: LIABILITY – Sole Proprietorship caries a large amount of liability because your personal credit can be affected if business fails. INCOME TAXES – As a sole proprietorship you only file one income tax for yourself and your business combined. LONGEVITY/CONTINUITY – A Sole proprietorship can grow as fast or as slow as the owner chooses. CONTROL – Sole proprietor has complete control over every aspect of the business. The sole proprietorship can grow at fast or
Premium Corporation Types of companies Corporate tax
LIT 1 Task 2 1 Situation A Relevant Facts of Situation A: * Employee A has been with Company X for two years. * Employee A’s spouse gave birth prematurely to twins. He requested leave to be with his spouse‚ which was granted. * Employee A has been on leave for 11 weeks‚ and has asked to return to work‚ and to be paid the withheld salary from his 11-week leave. * Manager has agreed to Employee A’s return to the previous job‚ at the previous rate of pay. * The manager
Free Employment
TASK 2 Situation A: An employee took time off due to his wife giving birth prematurely. His requested time off was approved by his original manager as the employee qualified for FMLA since he has been with the company for two years and was for the care of his spouse. Under (1)”FMLA rules certain employees can be provided up to 12 weeks unpaid‚ job-protected leave per year. The employee must work for the company at least 12 months‚ have at least 1250 hours during the 12 months and the where
Premium Employment Americans with Disabilities Act of 1990 Leave
LIT1 - Task 2 Mark J. Fortenberry May 9‚ 2015 LIT1 - Task 2 Company X has reported three situations that have occurred that require investigating. Since employment and hiring practices are a part of my duties here at Company X‚ I have been charged with the investigation into these situations. In the subsequent report‚ the laws that companies must abide by will be outlined and how these laws affects the outcome in each of these three situations. The Family and Medical Leave Act of 1993
Premium Employment Management Law
Project Part 1 Task 1 IS3440: Linux Security 4/20/2014 Joshua Holcombe Task 1 While researching the regulatory requirements needed for First World Bank Savings and Loans I found that a security policy against current server architecture is required to be implemented. The CIA (Confidentiality‚ Integrity‚ and Availability) triad is taken into account when analyzing the multiple servers in reference to Linux and Open Source managing security demands. The "Database Server" requires
Premium Linux Servers Free software
Project Part 1 Task 1 Draft Risk Management Plan Ernest Martinez Jr. C. Flack IS3110 October 22‚ 2012 Purpose The Senior Management of the Defense Logistics Information Services (DLIS) has decided to update the previous risk management plan with a developing‚ new risk management plan. This new risk management plan will not only minimize the amount of risk for future endeavors‚ but will also be in compliance with regulations such as the Federal Information Security Management Act (FISMA)
Premium Risk management Management Project management