Business Law in Accounting Melissa Randall Business Law I / 421 Professor Deborah Gronet March 16‚ 2009 Business Law in Accounting Accounting is the system of recording‚ reporting and verifying financial information for individuals and businesses‚ including income‚ expenses‚ value of assets‚ and so on. However‚ Business Law I‚ takes what is normally known of accounting and moves into another arena‚ one which includes civil and criminal liabilities‚ contract law‚ ethics and the Sarbanes-Oxley
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DIPLOMA IN BUSINESS ADMINISTRATION PRINCIPLES OF BUSINESS LAW (BA333) ASSIGNMENT TERM ONE 2006 Instruction: • Answer ALL questions. • Marks will be awarded for good presentation and thoroughness in your approach. • NO marks will be awarded for the entire assignment if any part of it is found to be copied directly from printed materials or from another student. • Complete this cover sheet and attach it to your assignment. Student declaration: I declare that: I understand what
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1.INTRODUCTION Bangladesh is a combination of competitive market‚ business -friendly environment and cost structure that can give the best returns. Bangladesh offers a well-educated‚ highly adaptive and industrious workforce with the lowest wages and salaries in the regio n. 57.30% of the population is under 25‚ providing a youthful group for recruitment. The country has consistently developed a skilled workforce catering to investors needs. English is widely spoken‚ making communication easy
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Assignment 1 – Discussion Questions Factors Favoring Acceptance 1. The location being in Ocean City will be favorable for all auditors conducting the audit. This will allow for ease of travel for all auditors involved. This will also lend to the knowledge the firm has of the business and all relevant operations pertaining to Oceanview Marine Company. 2. The financial statements are organized in an easy-to-read fashion. They support that Oceanview is a healthy company and has been for the past
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Semester 1‚ 2010/2011 CBEB3101 Business Ethics Quiz 1 26 August 2010 SUGGESTED ANSWERS True/False Questions: Circle the correct answer. 1. Ethically responsible leaders within any business promote ethics through personal behaviour and thoughts alone. False 2. Talking about business’s social responsibilities is to be concerned with society’s interests that bind business’s behaviour. True 3. Rawl’s theory of social justice is the ethical principle that is based on the foundations
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I. What is Law A. Law 1. Set of Rules 2. Created by Government 3. Enforced by Government B. Jurisprudence 1. Philosophy of Law II. A. Law as Power 1. Under color of authority B. Legal Positivism 1. Law is what law says C. Legal Realism 1. Who is in position to enforce D. Natural Law 1. Humans have rights regardless of law III. Three Factors for Free Market System 1. Law 2. Rule of Law A. Law is generally and equally applicable to everyone B. System of published
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Business Law Quiz 1a - Key Chapter 1 - True or False 1. Congress can only pass legislation that falls within the limits set up by the US Constitution. T 2. Only the US federal government has a constitution. F 3. State agencies take precedence over conflicting federal agency regulations. F Review Question Bob has a dispute with Ace Company over a perceived product defect. Bob hires a lawyer and after discussing the facts and issues‚ Bob’s attorney agrees to file a lawsuit
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Week 9 - Discussion Question – I 1) From your own experience‚ identify a time that you assumed a “leading” role but you were not in a formal leadership position. In my previous job as Business Developer‚ we were recruiting a huge amount of expats entering the country on newly issued business visa with different validities and timeframes. Our office manager was officially in charge in obtaining necessary visa documents for everyone and keeping track on the necessary extensions as well as on the
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Discussion Question(s) #1 Week # 3 How would you define working capital? What could happen if an organization neglected to manage its working capital? What working capital techniques would you recommend for your organization? Why? Working capital refers to the short term decisions relating to financing. If the working capital is neglected in any way‚ it can cause a company to go bankrupt. If this occurs‚ it means that employees will not get paid and suppliers will not get the proper funding
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Business and Consumer Law Final Exam Notes Chapter 5: An Introduction to Contracts Contract Law: A deliberate and complete agreement between two or more competent persons in writing supported by mutual consideration‚ to perform an act. It is enforceable in court. Agreement: composed of an offer to enter into a contract and acceptance of the contract. Complete: the agreement must be certain. Deliberate: both parties must want to enter into a contractual relationship. Voluntary: The agreement must
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