Estimated liabilities are a known obligation that is of an uncertain amount but that can be reasonable estimated. Common examples are employee benefits such as pensions‚ heath care and vacation pay‚ and warranties offered by a seller (Fundamental Accounting Principles‚ Chapter 11‚ Pg 437). When a firm sells products or renders services with a warranty‚ the firms has an obligation towards the customer when the warranty is honored. The warranty liability is an estimate of the obligations. Hence‚ a
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Fulcher: Pharmacology‚ 3rd Edition Chapter 01: Introduction to Pharmacology and Its Legal and Ethical Aspects Test Bank MULTIPLE CHOICE 1. The definition of drug dosage is |a. |to give a medication | |b. |the amount of medication in a single dose | |c. |chemicals that affect living processes
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Meetings and Events Management Assignment Week 5: Legal‚ Ethical‚ and Risk Management - You Decide April 7‚ 2013 Introduction: I would like to begin by giving you a summarized scenario of assignment this week. My role in this scenario is an Event Leader for a tradeshow and exhibition. At the day of the event‚ I was standing by the loading dock with sweat dripping down my eye brow. As dozens of trucks and other vehicles line up for what seems like miles in the distance. As the sun continued
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Products Liability 1. Construct a fact pattern [an example] to clearly delineate: a. A Manufacturing Defect: A car’s braking system that does not work properly and causes the driver to get into an accident. b. A Design Defect: A type of sunglasses that fail to protect the eyes from ultraviolet rays. c. A Marketing Defect: Prescription drugs advertised as “virtually non-toxic‚” “safe‚” and “free of significant side effects” when they are not. They failed to state
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Privacy in CCTV Surveillance: Social‚ Ethical Professional and Legal Issues Introduction to Privacy This essay will analyse the personal privacy of CCTV surveillance and the impact it has on the stakeholders‚ in terms of social‚ ethical professional and legal issues. Personal privacy is not something that can be defined easily. Privacy can mean many things from the right to be left alone to the right to have some control over how personal or health information is properly collected‚ stored‚ used
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Professional Liability There have been many changes in how healthcare is delivered today as opposed to how it was delivered decades ago when our parents were young. Many years ago there was a close relationship between a doctor‚ patient‚ and pharmacist. There was a considerable amount of trust given to the healthcare professional. They took the time and patience to make sure that their patient received the highest quality of care. Today‚ the healthcare industry is not as personable
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Limited Liability Partnership Limited Liability Partnership entities‚ the world wide recognized form of business organization has been introduced in India by way of Limited Liability Partnership Act‚ 2008. A There are no sources in the current document.Limited Liability Partnership‚ popularly known as LLP combines the advantages of both the Company and Partnership into a single form of organization. In an LLP one partner is not responsible or liable for another partner ’s misconduct or negligence;
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Genetic Engineering is the deliberate modification of the characteristics of an organism by manipulating its genetic material (Merriam-Webster Dictionary‚ 2014). This was first tested on crops‚ but scientists have now fathomed the idea of genetically modifying embryos to make the “perfect child.” Thus known as a “designer baby.” This new gene tampering experimentation has raised many questions. The most important being‚ “is predetermining your child’s genetic makeup unethical?” I believe ethics plays
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Legal and Ethical Issues of Healthcare Adequate medical care of an individual or family requires the use of services of general practitioners‚ specialists‚ nurses‚ technicians‚ and laboratories (Journal of the National Medical Association‚ 1949). The Journal further reports that the quality of these services must meet high standards which include regular periodic examinations as well as inoculations and other measures. According to this context‚ this girl is not receiving adequate health care. This
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Addressing International Legal and Ethical Issues Simulation Disagreements are very common in international trade. Whenever a company enters into a contract with an international entity‚ it must ensure that the contract is legally enforceable in order to protect the company’s interest. This paper deals with such international problems faced by a hypothetical company‚ CadMex Pharma based in Tampa Florida‚ which teams-up with another hypothetical company‚ Gentura based in a small developing country
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