intent. Negligence is conduct that falls below the level necessary to protect others against unreasonable risks of harm. To determine if someone should be found liable for a negligence tort‚ a reasonable person standard is used. If the defendant ’s behavior is found to be less careful than behavior a reasonable person would exhibit‚ that defendant can be found liable for damages. 3. Strict (absolute) liability is the fact that liability is maintained despite any intent‚ recklessness‚ negligence
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While I enjoyed reading the Enron Case Study by Sims and Brinkmann and found it to be extremely informative‚ the movie‚ Enron: The Smartest Guys in the Room‚ provided additional information‚ details‚ and context regarding the individuals‚ decisions‚ and factors that contributed to Enron’s downfall (McLean & Elkind‚ 2003). To begin with‚ the movie delved into Ken Lay and Jeff Skilling’s personal‚ educational‚ and professional background and provided context regarding how their backgrounds influenced
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it took Enron 16 years to go from about $10 billion of assets to $65 billion of assets‚ and 24 days to go bankruptcy. Enron is also one of the most celebrated business ethics cases in the century. There are so many things that went wrong within the organization‚ from all personal (prescriptive and psychological approaches)‚ managerial (group norms‚ reward system‚ etc.)‚ and organizational (world-class culture) perspectives. This paper will focus on the business ethics issues at Enron that were
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The family members themselves perform one of the factors that shared in the breakdown of their family by making self-interest before the need of the family. When this happens‚ family members alienated from each other and communication breaks down. The structure of the family is vanishing because everyone follows his desire and tries to achieve his aim on the cost of family scattering. Al is the member whose chief interests seem to be girls and cars. He feels that he stays with his family against
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“United States vs. Enron” Enron Corporation was one of the largest global energy‚ services and commodities company. Before it was filed bankruptcy under chapter 11‚ it sold natural gas and electricity‚ delivered energy and other commodities such as bandwidth internet connection‚ and provided risk management and financial services to the clients around the world. Enron was established in 1930 as Northern Natural Gas Company and joined with three other companies to undertake this industry. The four
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of ethical issues raised in the movie “Enron-the Smartest Guys in the Room” but the four I am going to focus on are listed below. Art Anderson‚ Ken Lay and all of the other executives did a number of unethical things which ultimately brought down Enron and affected thousands of employees and their futures. The bottom line was that each and every one of them acted out of greed for the almighty dollar. 1- Encouraging employees to invest and buy stock in Enron when they knew the truth about the lack
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When approaching meditation as a novice like anything new you begin to categorize and assign key ideas based on the generalization of the word. One would expect when discussing the topic of mediation key components would arise to conform to the American Heritage Dictionary definition‚ “a devotional exercise of contemplation or a contemplative discourse” (Heritage‚ 1982). In such an exercise as mediation how would a simple subject of civility impact your ability to reflect and improve on upon yourself
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Young people´s work ethic – then and now There is no doubt that good work ethics are essential to become a good employee. If you do not have good work ethics‚ then all the skills you bring to your job are of no importance. Anyway‚ is there a difference between young people´s work ethic then and now? On the outset‚ it must be considered that nowadays young people want an office with a secretary where they really do not have to do a thing. They do not want to have an exhausting job where they have
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Sherri Byrand English 102 Unit 3: Argumentative Writing—Issue/Defense Supporting Reasons Strategy Paper is worth 25 percent of your grade. Paper is due in class for in the D2L Dropbox by Thursday‚ Dec. 11‚ by 10:30 a.m. Your folder is due in class on Wednesday or Thursday. You cannot use your one-time late paper reprieve on this paper. Everything for the entire semester for Hacker and Sommers is due by Wednesday‚ Dec. 3‚ by 10:30 a.m. (no late postings accepted). Your score when I upload the
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of the Enron Scandal The Enron scandal is one that left a deep and ugly scar on the face of modern business. As a result of the scandal‚ thousands of people lost their jobs‚ some people lost their entire pensions‚ and all of the shareholders lost the money that they had invested in the corporation after it went bankrupt. I believe that Kenneth Lay‚ former Enron CEO‚ and Jeffrey Skilling behaved in an unethical manner without any form of justification‚ but the whistleblower‚ former Enron vice president
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