effects on Constitutional Laws and Regulations. This analytical research paper will be discussing some ethical issues as illustrated in Stephen Feldman’s video‚ “Legal and Ethical Issues for Mental Health Professionals”‚ which this include; the duty to report; the duty to warn; Confidentiality; and Privilege. And also this paper will look into how these ethical issues are implemented by the State of Maryland and the ACA code of ethics. Furthermore‚ in the paper‚ there will be a discussion
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Why Business Ethics Are Important Ethics are the norms and values that serve as the criteria for evaluating the actions of others. Ethics in Business is the everyday moral and/or ethical norms to business. Ethics is a formal system for deciding between what is right and what is wrong. It’s the aspect of corporate governance that has to do with moral values and standards of companies’ leaders encouraging employees to be knowledgeable in business dealings. Business Ethics takes into consideration
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contract which excludes one of the parties from responsibility for something that may go wrong in the performance of the contract or limits that responsibility. It is called an exclusion clause or an exemption clause. For example‚ an exclusion from liability for damage done to the lawn by a builder’s backhoe might be included in a contract between the builder and a home owner who is having an extension built to their home. Express Terms of the Contract The express terms of the contract‚ the obligations
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thefreedictionary.com. The duties are a series of common law‚ statutory‚ and equitable obligations. The duties are analogous to duties owed by trustees to beneficiaries‚ and by agents to principals. Directors owe duties to the corporation‚ and not to individual shareholders‚ employees or creditors outside exceptional circumstances. The duties of a director are divided in two sections‚ the common law duties and the statutory duties of directorship. Common law duties; Duty of Good Faith The most general obligation
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2012 – OCTOBER SEMESTER 2012 STUDENT NAME: CHU THI HONG TUYEN ID No.: 2448481 BMLW5103 – BUSINESS LAW ASSIGNMENT Question 1 Discuss the enforceability of an agreement which lacks consideration. Using legal authorities (relevant statutes and cases) to support your discussion. Answer: A valid contract is an agreement made between two or more parties that creates rights and obligations that are enforced by law. What does the consideration mean? And what does it effect to the agreement? Consideration
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Administrative law simply means that the branch of public law which deals with the organization and powers of administrative and quasi administrative agencies and prescribes the principles and rules by which an official action is reached and reviewed in relation to individual liberty and freedom. Technically‚ from the definition it is clear to state that administrative law is bound and founded to determine the legality of the government action‚ the nature and scope of the powers conferred to the
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Role and Functions of Law Sara Winstead LAW/421 December 22‚ 2014 Safiya Byars Role and Functions of Law The role of law functions in everyday business transactions and the surrounding societies. Melvin (2011) stated‚ “Law is a body of rules of action or conduct prescribed by controlling authority and having legal binding force” (p. 4). Role of law in a business and society are the same however can impact businesses differently. Kelly and Associates Insurance Group are compliant with many state
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Tax Law and Accounting Paper In today’s financial world‚ preparation and reporting of income taxes has become one among the other main reasons why individuals and businesses are keeping and maintain their financial records. However‚ there has been some controversy between tax laws and accounting under the General Accepted Accounting Principles (GAAP). Simply because IRS is not always agrees with GAAP’s principles and thus creates its own tax laws. This paper will discuss the objectives of modern
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Civil Liability Civil Liability can be a problem for almost everyone in ever day life. Civil Liability impacts police officer ever day in their lives and at work. It can be defined as a citizen’s responsibility to each other and provided law suits to recover damages for injured caused by failing to carry out these responsibilities. It also very well can impact more than only police officers but anyone put in the situation to deal with the rights of people. Police Officers must always be aware
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Week 1 Law 421 Role and Functions of Law Paper Contemporary Business Law LAW/421 Role and Functions of Law Paper Based on reading from the week 1 material and the case brief given from week 1‚ there will be an explanation of how the Supreme Court’s language and results of the case reviewed show the preemptive power of congress in upholding the laws set forth by congress in opposition from the State Law. There will also be a review of the rulings effect on other
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