Role and Functions of Law Law plays an important role in how societies and businesses function. There are rules and laws for just about everything. If there were no rules or laws in place‚ society as we know it would not exist. Businesses would be much different than the ones we see today. The Laws intent is to provide fairness‚ equality‚ and justice. It provides protection‚ settles disputes‚ and enforces consequences for breaking the law. Everyone is subject to the law‚ which means it does not
Premium Law
Alternative Dispute Solution Business Law I 311 Legal provisions in any territory ensure that citizens are protected from offense by others or that their properties are equally protected. Such offenses are at times inevitable leading to individuals and parties being in disputes. There are legally recognized institutions that have been instituted to examine constitutional violations of people’s rights and freedom‚ the source of such conflicts‚ and prescribed penalties for the violations under
Premium Alternative dispute resolution Dispute resolution Mediation
BBA 3210-12H-1A12-S1‚ Business Law Unit IV Mini Project Dustin Brown / ID# 202011 August 7‚ 2012 Case Analysis A bank advertises home loans at low interest rates for its account holders for three months. Toward the end of the second month‚ the bank withdraws the offer. Sam opens an account with the bank because of the offer. He is‚ however‚ a little late applying for the loan and the offer is withdrawn before his application is processed. Sam sues the bank. In this case‚ the Bank advertises
Premium Contract Advertising
your job. From an economic stand point your responsibility is to be profitable and meet financial obligations‚ which outsourcing would do. Also‚ it would obviously provide financial benefits for the company. Legally‚ you would not be breaking any laws in either country by outsourcing. Human rights could be an issue over in the U.S. but not in India apparently so paying the India workers a third of the cost of an American worker would work. Cutting back on health benefits could be a big deal in
Premium Ethics Morality Economics
Functional Areas of Business Paper Takeia A. Arkwright MGT/521 Management December 5‚ 2012 Dr. Irvin Clark Different operational functions are always in place when dealing with business. Healthcare Management and Human Resource are 2 points of interest that are a direction I would like to achieve. Coordinating the work of the department‚ work activities of a team of people. Finding out the direct purpose of the organization organizing people or department to perform
Premium Management
first step in recognizing the underlying ethical dilemma is to determine the individuals involved in this particular case. The first person we become familiar with in this case is the president of Beech Nut‚ Lars Hoyvald. Most of us that work in a business environment today‚ will most likely use the principle of utilitarianism when making an “ethical” decision. We tend to look at our actions‚ or consequences of our actions‚ in order to determine the best decision. I believe that Lars Hoyvald used
Premium Ethics Apple Virtue
"Quasi-legislative power" It is the authority delegated by the law-making body to the administrative body to adopt rules and regulations intended to carry out the provisions of a law and implement legislative policy. Distinctions between Quasi-legislative power and legislative power 1. LEGISLATIVE power involves the discretion to determine what the law shall be. QUASI-legislative power only involves the discretion to determine how the law shall be enforced. 2. LEGISLATIVE power CANNOT be delegated
Premium Law Administrative law Regulation
conditional constitute consideration? Yes‚ such a promise consideration even if the condition is unlikely to occur. 3. What is the general rule about the adequacy of consideration? The adequacy of the consideration is irrelevant because the law does not prohibit bargains. 5. Is there consideration when a secured note for a lesser amount is given and accepted in discharge of an unsecured note for a greater amount? Explain. No‚ because if a secured not for a lesser amount is given and
Premium Contract Contract law Law
Torts and Damages I . Concept/ Definition The term “Tort” is of Anglo-American law-common law which is broader in scope than the Spanish-Phil concept which is limited to negligence while the former includes international or criminal acts. Torts in Philippine law is the blending of common-law and civil law system. Quasi Delict refers to acts or omissions which cause damage to another‚ there being fault or negligence on the part of the defendant‚ who is obliged by law to pay for the damages done
Premium Tort Law
DEFINITIONS: In common law jurisdictions‚ tort is a civil wrong although in certain circumstances it is also treated as a criminal case e.g. in cases of assault. It is recognized legally as a basis for an action of a lawsuit. TORT: In common law jurisdictions‚ tort is a civil wrong although in certain circumstances it is also treated as a criminal case e.g. in cases of assault. It is recognized legally as a basis for an action of a lawsuit. Torts are considered under the law of obligations. Duties
Premium Law Tort Common law