Learning Team Weekly Reflection Law/421 University of Phoenix In Week one of Contemporary Business Law‚ Team A learned about substantive‚ procedural‚ criminal‚ civil‚ common‚ and statutory law. In the reading assignments for week one‚ we discerned the differences that separate the laws and how the courts enforce the laws. Corporations and businesses are awarded protections under the Amendments to the
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1. At what point‚ if ever‚ did the parties have a contract? The only agreement that was made between the two was at the start.. The 90 day period that was paid off by BTT for Chou. After this there was no actual contract. They did discuss about having a contract and making it go through email but in the end there came out to be no contract. As it came out to be with no legal signatures from either of the sides then there was nothing to keep. 2. What facts may weigh in favor of or against Chou
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Discussion Questions One LaShanda Prejean LAW 421 Peter Derouen March 5‚ 2013 Discussion Questions One 1. To what extent does succession planning—such as for wills‚ estates‚ and trusts—affect business? How might these legal topics interact with your current or past job or industry? Every company succession plan carries the three bases that are will‚ trust and estate. The will‚ trust and estate provided a financial security and help plan the future. The purpose
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Considerations to take include contracts‚ local law‚ and local customs and culture. Steps may be taken to minimize risks in international business agreements as well. The first consideration that needs to be made when considering legal action against a business based in another country is contractual agreements. Review of what agreements the two parties have made through an agreed contract should take place. In reviewing the contract notice if a choice of law clause or a forum selection clause is present
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Week 3 Individual Assignment John Herget Law/421 December 11‚ 2012 Mr. Hedeicke Abstract The following paper will examine an article detailing the definition intellectual property. Additionally‚ it will make example of the laws that govern and protect the creation and use of intellectual property. Week 3 Individual Assignment A large business has been made through sales of creations of the mind. These include inventions‚ artistic works‚ manuscripts‚ images‚ designs
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Role and Functions of Law and Society Natasha Jackson LAW/421 August 20‚ 2014 Machelle Thompson Roles and Functions of Law in Society Ages ago‚ our forefather created a structure for rules of conduct called laws. Law helps to enforce and maintain ethical standards and civil obedience. In business and society the rules of conduct are essential to preserving order and harmony. The complexities of the law can be somewhat mind boggling when in fact the intent is to simplify discord. Nonetheless
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Differences of Law There are several distinctions of law in business and society designed to protect humanity. Not properly exposed to law we may not know hot to distinguish them. To understand the differences we will be discussing the meaning between criminal‚ civil‚ common‚ and statutory laws while also providing an example. Last we will also cover what the United States Constitutional provisions most affect the rights of businesses and organizations. Criminal Law Criminal law according to
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Issues Thais Padilla Law 421 Monday December 1‚ 2014 When conducting international business there are things that a company must know. This could be a daunting task but it is important to know. Some of the factors that have to be considered know the local laws‚ cultural differences‚ international laws‚ and any political situations that can arise. So when a company decides to do business internationally it is important for them to know the local and international laws as well it is important
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intentionally caused another party to suffer injury or damage (Larson‚ 2005). In this particular scenario‚ WIRETIME‚ Inc. posting an advertisement as such participated in a libel act. A libel act involves making defamatory statements in a fixed medium‚ such as a magazine or newspaper (Larson‚ 2005). Defamation is considered as an act of harming the reputation of a person or company by making false statements to another person or company (Larson‚ 2005). Larson‚ A. (2005). Intentional Torts and Personal
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partnership debts | Limited partners are prohibited by law from participating in management‚ can lose more than their investments‚ and get less than the general partners of unusually high profits | One partner can transfer a profit interest to an external party‚ but not control. | The general partners usually receive a management fee and share in profits. | There is only one level of taxation. General partnership
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