Lecture 1: The importance of Business Ethics * 1st part : Introduction Ethics in General: Ethics is simply how people try to live their lives according to a standard of what is good or bad. They apply these standards both in how they think and how the others behave. Two way relationship. Example : MY friend left his wife for someone else. How do you think ? Unethical‚ so I behave in a way to not to talk to him anymore. My friend considers what I did as unethical‚ we’ve been friend for
Premium Ethics Business ethics
Law is necessary for the effective operation of a society as it ensures the protection of a population and certifies that justice is fair. The law is essential as if it was non-existent‚ society would descend to anarchy. The law is in place to protect the whole of society‚ especially weaker individuals or groups within a community. Another reason that law is fundamental‚ is it provides equity and fairness within society; however‚ this is not always accurate as a number of aspects can result in an
Premium Law
Hence he had to take on lighter work‚ which did not pay as well as his former employment. i) What legal action is available to Dylan against the proprietor of the store‚ or the cleaner or the floor polish manufacturer The case states that Dylan incurred medical expenses due to slipping on the highly polished floor when shopping at Quills Department Store. This case applied to Australian common law‚ implied terms of negligence. The first issue is whether the proprietor of Quills Department Store
Premium Contract Tort Duty of care
Solution for question 3 (chapter 4): 1. The legal framework: Sale contracts & excuses for nonperformance 2. Litigant : the distributor Defendant: the importer 3. Contractual analysis: An American importer purchased sewing machines from a Swiss manufacturer with the contract that payment was made in Swiss France‚ and then the importer sold them to distributors in USA. The contract between the importer and a distributor in U.S contained an “open-price term”. When the Swiss franc
Premium United States dollar Foreign exchange market Currency
there are valid contracts made between Charles v. Alex and Betty v. Alex‚ the formation of the contract have to be discussed. To form a legally binding contract‚ the elements of offer and acceptance; present of consideration; intention to create legal relation; capacity; legality of object; compliance with formalities; and genuine consent must be present all together. In the case of Charles v. Alex‚ to determine whether or not Alex was entitled to sell the apartment to another buyer depends very
Premium Contract Offer and acceptance
application of English Law in our legal system. English Law is part of Malaysian law. The definition of law in Article 160 of the Federal Constitution includes ‘the common law in so far as it is in operation in the Federation or any part thereof’. That qualification concerns the extent to which English Law is applicable in Malaysia. First‚ we will discuss on the meaning of ‘sources’. Historical sources is the factor which influenced the development of law in religious and custom. Law can be found through
Premium Law Common law Tort
MPH 5506 u06d1 Psychosocial Underpinnings of Program Evaluation Program evaluation is determined based on several criterion; criteria that is dependent upon the population‚ behavior‚ acute or chronic disease studied‚ as well as funding source. “Assessment activities‚ both needs and asset based‚ can play a valuable role in helping agencies make decisions by providing valid information to better target services and efforts. The Institute of Medicine (IOM) identifies assessment as one of three
Premium Evaluation Computer program Assessment
Applied Business Law – 27 Individual Work 1 Jessica Gaskins You are an employee at a nice paper mill and want to impress the boss by burning the midnight oil (but not too close to the wood pulp). For four consecutive weeks‚ you work forty-five‚ forty-two‚ thirty-nine‚ and thirty-one hours. If you are a nonexempt employee covered by the Fair Labor Standards Act‚ how many hours of overtime pay‚ if any‚ would you be entitled to? What would be the rate? The Fair Labor Standards Act of 1938 is
Premium Employment Fair Labor Standards Act
Safan Nizar Ali Dauva Professor Kurt S. Odenwald Business Law and Ethics February 17‚ 2011 Week 6 Assignment Chapter 23 Question no.5 Answer: No. CP Clare did not seek to improve the deal to take advantage of IRI’s sunk costs; rather it sought to enforce the bargain. And it did not take unexpected action against which IRI could not have defended. That a manufacturer will want to reassess its sales structure as volume grows must be understood by everyone--especially by a professional sales
Premium Tort Tort law
Common and Civil law legal systems According to Zimmermann there are "as many legal systems as there are national states". Every country has its own unique legal system. However‚ we can allocate among them three main legal systems. These are: Civil Law‚ Common Law and Islamic Law. Civil and Common Laws are the most influential legal systems in the world‚ especially in its Western part. All three of these legal systems have existed and developed for many centuries. Further will follow the description
Premium Common law Civil law