Legal 2 Test 2 Studyguide Sole Proprietorships the simplest form of business organization. Sole proprietorships are the most common form of business organization in the US. Major advantages: * Forming a sole proprietorship is easy and does not cost a lot. * The owner has the right to make all management decisions concerning the business‚ including those involving hiring and firing employees. * The sole proprietor owns all of the business and has the right to receive all of the
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Legal Forms of Business LAW/531 Business Law March 4‚ 2013 Dr. Linda Fried Legal Forms of Business Businesses exist and managed in many of the same ways. However‚ there are many formats that businesses are operated in. From sole proprietorship to different partnerships to corporations‚ each form has many similarities‚ but they are very different types of businesses. Each business entity will vary on three primary factors: liability‚ taxation and record-keeping (Entrepreneur‚ n
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P5 Explain the legal and ethical issues in relation to the use of business information 1. What is the Data Protection Act 1998? This is to protect personal data that is provided by customers. The businesses should be processed fairly and lawfully it must only be used for the specific purpose and must be stated when it is collected. They must not collect to much information and all the data must be accurate. Also the data must not be kept for longer than needed for. 2. Using the HR department
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Ethical and Legal Issues in Nursing Nursing as a profession‚ holds itself to a standard of practice and a code of ethics that governs this discipline. It was well put by Nicholson (2012)‚ “Nonprofessionals cannot be held to the standards of the medical professions‚ but persons who have been specially trained‚ educated and licensed are accountable for performance that deviates from the customs of their field.” To function effectively‚ nurses need to be aware of their contents and incorporate them
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Legal Forms of Business Mike Martin LAW/531 January 9‚ 2012 Carmina Perez-Fowler Legal Forms of Business Legal forms of business include sole proprietorship‚ partnership‚ limited liability limited partnership‚ limited liability company‚ S corporation‚ franchise‚ and corporation. Each of these legal forms offers distinct benefits to business owners and investors. The decision to incorporate one legal form as opposed to another is often determined by circumstance and underlying factors. Cheeseman
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unethical behavior? ● Do you think the internet has made students less ethical? ● If you knew someone brought a term paper‚ would you turn him or her in? ● Should there be a code of ethics for internet authors? ● What legal issues arise from information on the internet? rage u o c n e lp e h o t today o d s e g e ll o c n avior? h e b l a What ca ic h t e n u deter d n a ‚ y it r g e t in academic ● Promote the University’s Ethical Code of Conduct ● Have strict rules against plagiarism ● Provide an
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Many teachers are worried that grades will go down when kids stop playing sports. Teachers want an alternative motivation for good grades. According to “Do Athletes Face Unnecessary Parent Pressure” most kids require a scholarship to be able to afford college. There are not just sports scholarships. There are also academic scholarships which can motivate kids to get good grades to be able to apply for these scholarships. Alternate preexisting and possible activities would help the large majority
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People deal with plenty of choices in their everyday lives. At the moment we open our eyes‚ we have to make decisions. For instance‚ should we get up and prepare ourselves for a new day‚ or should we continue resting in our beds? Even after when we have made this decision‚ we will still face choices after choices. However‚ we cannot get all the things we want as according to Mankiw‚ scarcity exists in our society. In other words‚ scarcity means that society has limited resources and therefore cannot
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“Opinions and Social Pressure” In “Opinions and Social Pressure‚” social psychologist Solomon Asch conducted a study to discover the influences a majority may have on individuals. Solomon Asch discovered a vast amount of people conformed under group pressure‚ as well as discovered others may also go against the unanimous majority. Like many of his colleagues‚ Solomon Asch wanted to find how group pressure effected individuals (176). Asch wanted to discover the reach on which social forces played
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Legal and Ethical Implications for Classroom Management As is the case with most things in life‚ we all have different perceptions of different things. Given that fact‚ some perceptions may intertwine and reflect similar opinions and or facts. People will all have different perceptions about politics‚ religion‚ education‚ and sports‚ just to name a few. However‚ all of those things could have similar perceptions and similar opinions from different people. However‚ each could have some common
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