and Role of Law in Business‚ Society‚ and the Military Law/421 The Functions and Role of Law in Business‚ Society‚ and the Military The functions of law in businesses and society are very particular and these roles and functions can make or break a society or business. Every business‚ society‚ and military have to make sure that they follow the laws and that each business‚ society‚ and military has a set of laws that they abide by or they could face closure or anarchy. Law in these three
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Week 5 Reflections Robert Blackwell‚ Antonio Moorer‚ Valarie Oudkerk‚ Brittany Rowe‚ and Michael Smith QNT 561 May 13‚ 13 Gerald Heidt Learning Team Reflection This week‚ we were introduced to the null and alternative hypothesizes. In doing this we were given examples of how to compare two populations by using confidence intervals in order to test the hypothesis. Team A was also introduced to how we can apply these methods to problems more applicable to our professional careers‚ when two
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Week 3 Article Review With the rapid growth of e-business it is no small wonder why businesses today are taking advantage of the online market. The overall convenience and lack of complexity with buying products and services online has converted most of the public to shopping via the internet. Any business that sells a service or product must strongly consider the fact that being without a website or means for the public to shop online will only hinder the business’ profits and any chance for
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Week Five Reflection Paper Team B will reflect on why it is important for management as well as investors and creditors to understand the current and long-term liabilities. What makes it important to disclose contingencies as well as how do operating and capital leases relate to liabilities. It is important for managers to know what the company has as current or long-term liabilities because if they are not aware of what the funds look like they cannot affectively run the company. This knowledge
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Team Reflection Paper Week 2 LAW/421 2/2013 Team Reflection Paper Week 2 The differences between substantive law vs. procedural law‚ is substantive law deals with the legal relationship between people or the people and the state. For example‚ substantive law defines degrees of murder in a case. Procedural law comprises the set of rules that govern the proceedings of the court in criminal lawsuits. For example‚ procedural law is the time allotted for one party to sue another
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Team Reflection Week Four LAW/421 Team Reflection Week Four Common Contracts Encountered in Personal and Professional Life Contracts for Services Source of Law – State Common Law Examples in Personal Life Insurance Cable / Internet Cell Phone Residential Cleaning Service Agreements Examples in Professional Life HVAC equipment maintenance Pest Control Elevator maintenance Employee agreements Confidentiality Agreements Commercial Cleaning Service Agreements Contracts for Real
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Reference: Melvin‚ S. P. (2011). Fundamentals of the Legal Environment of Business. Retrieved from The University of Phoenix eBook Collection database University of Phoenix. (2013). BUGusa‚ Inc. [Multimedia]. Retrieved from University of Phoenix‚ Law/421 website. Scenario: WIRETIME‚ Inc. (Janet) Has WIRETIME‚ Inc. committed any torts? If so‚ explain. Wiretime‚ Inc. has committed business competition tort or interference tort. Janet has a non-compete clause in her contract with BUGusa
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University of Phoenix Material Article Review Format Guide MEMORANDUM UNIVERSITY OF PHOENIX DATE: April 5‚ 2015 TO: Michael Carrozzo FROM: Tennile Massey RE: Niskanen‚ W. A. (2005). Congress Should Repeal the Sarbanes-Oxley Act. Retrieved from http://www.cato.org/pub_display.php?pub_id=6624 Melvin‚ S. P. (2011). The legal environment of business: A managerial approach: Theory to practice. New York‚ NY: McGraw-Hill/Irwin. ARTICLE SYNOPSIS This article is about
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Case Scenario: Big Time Toymaker Case Scenario: Big Time Toymaker Did the parties have a contract? If there was a contract between Big Time Toymaker (BTT) and Chou it was a bilateral contract that was binding when BTT (offeror) paid Chou (offeree) $25K in exchange for limited negotiation privileges for a 90-day period. Consequently‚ BTT bought the rights to negotiate the distribution agreements for Chou’s board game. A bilateral contract is an agreement of two promises and two performances. The
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Article Review-Part A Lora Carr LAW/421 July 29‚ 2013 Joseph Sette Article Review-Part A The Sarbanes-Oxley Act of 2002 was put in to place as a way of preventing and deterring future accounting fraud‚ protecting shareholders‚ and increasing confidence in public company financial reporting. However‚ SOX has imposed tremendous new duties and costs on public companies and accounting firms. Some individuals may call it an object failure while SOX hoped to create more confidence in capital
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