Legal Underpinnings of Business Law Valarie Murphy-Taylor BUS 670 Marla Muse June 09‚ 2014 Abstract The aim of this paper is to discuss business structure and organization and how liability differs between each organizational form. Society has set standards that govern our interactions with others. In addition‚ though not often obvious to the naked eye‚ most businesses have standards that similar to one another in governing their activities and abilities to function continually
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Addressing International Legal and Ethical Issues Simulation SummaryAddressing International Legal and Ethical Issues Simulation Summary 1. What are the issues involved in resolving legal disputes in international transactions? The issues involved in resolving legal disputes in international transactions include but are not limited to the signing of contracts designed to protect both parties‚ choice of clause‚ which forum to use when settling a dispute and if arbitration‚ if used‚ will be
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now people have judged one another based on characteristics and family background. Some judge based on skin color‚ race‚ where your family has come from‚ and how you came about. “Legal Alien/ Extranjera Legal” by Pat Mora gives a very realistic message of how it can feel to be a mexican american and to be seen as a ‘legal alien’. To feel not wanted by either side‚ and to be judged based on the origins of your ancestors and your race. “viewed by Anglos as perhaps exotic‚/ perhaps inferior‚ definitely
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1) Tender of performance is another term for completion of performance. Answer: FALSE Diff: 1 Topic: Substantial Performance: Minor Breach 2) Substantial performance constitutes a minor breach of the contract. Answer: TRUE Diff: 2 Topic: Substantial Performance: Minor Breach 3) When there is substantial performance of a contract with a minor breach‚ the other nonbreaching party may sue to recover the cost to repair the defect. Answer: TRUE Diff: 1 Topic: Substantial Performance:
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The explaination of the concepts of seprate legal personality and a disussion on the extent to which courts can peirce the veil of incorpertation. A company that has a perpetual succession is known as a sperate legal personality‚ which means that a corperation can continue to exsist without having to transfer its property over with every change of ownershipso it can manage its affairs easier.Its extisatnce ends whenthe company is liquidated where its assets are sold and depts are settled before
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NewCorp Scenarios Most organizations do not have legal counsel on staff‚ and therefore must rely on business managers who are knowledgeable in employment laws and compliance regulations‚ and have the ability to identify violations of specific laws and regulations‚ as well as make recommendations to mitigate liabilities that may result from the violations. This week’s assignment outlines three different workplace scenarios of NewCorp‚ which require team members to identify the
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Legal forms of Business The process of starting a business can be a challenging one. From choosing a business name‚ identifying the product to sell and where all require thoughtful decisions. All these decisions also need legal and practical considerations. To understand more about the different forms of business‚ it is important to consider the right structure for the business (Legal Forms‚ 2006). Sole Proprietorship A sole proprietorship simply means a business with one owner. With many forms
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Legal Issues Main legal issues and conforming to these: 1. Copyright Act – this act has existed since 1911 and in alternative forms even before this. It was amended in 1992 so that computer programs and digital work was included within other areas of the same act. In particular all the rules governing Literary work became applicable to Computer Software. Latest Copyright Act – Copyright Designs & Patents Act 1988 was updated in 1992 and more recently in 2009 What is actually covered by the
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“if you had the power to make an act that is now illegal into a legal act what would that act be?” and the versa “what legal act would you make illegal?” All their answers revolved either around drugs or subjects like the death penalty‚ abortion. In this paper I will further discuss my finding on the responses I received from both questions. When I had students first address the question of “which illegal act would they make legal?” Almost all of them wanted to legalize the selling and use of
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feeling. The legal teenage driving age has always been a controversial topic‚ there are several who support raising the legal age‚ but there are also ones that are against raising the age. In order to form an opinion‚ one must carefully consider: the maturity of teens‚ the fact that teens need to gain experience driving‚ the effects of not having a license will have on teens‚ the restrictions placed on new drivers‚
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