University of Phoenix Material Article Review Format Guide MEMORANDUM UNIVERSITY OF PHOENIX DATE: TO: FROM: RE: Niskanen‚ W. A. (2006). Congress Should Repeal the Sarbanes-Oxley Act. Retrieved from http://www.cato.org/pub_display.php?pub_id=6624 ARTICLE SYNOPSIS The article was a proposal that tried to justify the reason that congress should repeal the Sarbanes-Oxley Act (SOX Act) of 2002. The act is seen as a problem because individual felt that the act
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1. At what point‚ if ever‚ did the parties have a contract? The only agreement that was made between the two was at the start.. The 90 day period that was paid off by BTT for Chou. After this there was no actual contract. They did discuss about having a contract and making it go through email but in the end there came out to be no contract. As it came out to be with no legal signatures from either of the sides then there was nothing to keep. 2. What facts may weigh in favor of or against Chou
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Differences of Law There are several distinctions of law in business and society designed to protect humanity. Not properly exposed to law we may not know hot to distinguish them. To understand the differences we will be discussing the meaning between criminal‚ civil‚ common‚ and statutory laws while also providing an example. Last we will also cover what the United States Constitutional provisions most affect the rights of businesses and organizations. Criminal Law Criminal law according to
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In 421‚ Kant assets that to be a moral being‚ we can engage in actions or act according the maxim or principle in which that maxim could become by our will a universal law. This maxim or principal is applicable to everyone and I could not be of exception. According to the categorical imperative‚ we must comply with certain duties. Kant draws a distinction between perfect duties and imperfect duties. A perfect duty is a maxim‚ which one must always do. An imperfect duty shall not be ignored‚ but
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Discussion Questions One LaShanda Prejean LAW 421 Peter Derouen March 5‚ 2013 Discussion Questions One 1. To what extent does succession planning—such as for wills‚ estates‚ and trusts—affect business? How might these legal topics interact with your current or past job or industry? Every company succession plan carries the three bases that are will‚ trust and estate. The will‚ trust and estate provided a financial security and help plan the future. The purpose
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Present and evaluate some important elements of HLA Hart’s theory of law. How does it represent an advance over Austin’s theory? What are some problems with Hart’s account? H.L.A. Hart presents a theory of law based on the assertion that‚ the most important characteristic of law is the element of rules that enforce obligation or duties rather than rules that confer authority or sovereignty. Hart intends to offer a superior analysis of the unique formation of a public legal system as well as an improved
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Function and Role of Law in Business and Society LAW 421 Function and Role of Law in Business and Society Our system of societal life could not exist without a set of rules that govern human behavior or business interactions. Black’s Law Dictionary defines these rules‚ called “law‚” as “the body of rules of action or conduct prescribed by controlling authority‚ and having legal binding force” (Melvin‚ p. 4‚ 2011). The most important aspects of law is that it creates duties‚ obligations‚ and
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Unauthorized Practice of Law: The paralegal and UPL Polly Paralegal finds himself in an ethical dilemma when Mr. Stan Smith asks him “Do the grounds for divorce in North Carolina include adultery?” A day later‚ the wife of Stan Smith asks if she has grounds for divorce in the same state because her husband has committed adultery. If Polly Paralegal answers that question for either one of his friends he will be committing UPL or Unauthorized Practice of Law. The consequences for UPL can be devastating
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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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Case Scenario: Big Time Toymaker Jennifer Ferrante LAW/421 – Contemporary Business Law Date August 18‚ 2013 Instructor Name Jane Schneider Case Scenario: Big Time Toymaker In week four’s theory practice‚ we reviewed the case scenario of Big Time Toymaker vs Chou in regards to determining the validity of a contract. As we’ve reviewed‚ an agreement or mutual assent is of course essential to a valid contract but the law imputes to a person an intention corresponding to the reasonable meaning
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