| Tort Actions | Week 3 Law 421 | | David Tiffany UOP | Shalandrea Jones | October 29‚ 2012 | Torts are civil laws that are broken and are rules for lawsuits. When these rules are broken they can result in injury and harm this is usually the basis for the claim. Torts are punishable by imprisonment but in most cases tort law is to provide relief for damages and to stop others from doing the same thing
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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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Article Review-Part A Lora Carr LAW/421 July 29‚ 2013 Joseph Sette Article Review-Part A The Sarbanes-Oxley Act of 2002 was put in to place as a way of preventing and deterring future accounting fraud‚ protecting shareholders‚ and increasing confidence in public company financial reporting. However‚ SOX has imposed tremendous new duties and costs on public companies and accounting firms. Some individuals may call it an object failure while SOX hoped to create more confidence in capital
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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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Case Scenario: Big Time Toymaker Jennifer Ferrante LAW/421 – Contemporary Business Law Date August 18‚ 2013 Instructor Name Jane Schneider Case Scenario: Big Time Toymaker In week four’s theory practice‚ we reviewed the case scenario of Big Time Toymaker vs Chou in regards to determining the validity of a contract. As we’ve reviewed‚ an agreement or mutual assent is of course essential to a valid contract but the law imputes to a person an intention corresponding to the reasonable meaning
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six different types of law‚ which are: substantive‚ procedural‚ criminal‚ civil‚ common and statutory. In all cases certain US Constitution amendments must be applied in order to protect the rights of the business or organization. Discussion Criminal law is the portion of the law that deals with legal punishments of criminal defences. Whereas‚ civil law deals with disputes between individuals‚ organizations in which compensation is awarded to the victim. Criminal law cases are dealt with by governmental
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bribes. The fact that bribes are hidden and undisclosed is a direct indicator that an illegal act is being pursued. This typically means that a company’s financial statement has been falsified. Under Sarbanes Oxley this is a violation of the securities law. Later that year Wal-Mart officials signed off on a false investigation into these alleged bribes. CEO Mike Duke‚ head of the company’s international operations at that time‚ and other top executives were informed of the bribes and the false investigation
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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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Week Three Summary The team is to recap what was learned from last week’s assignments‚ readings‚ and discussion from class. As a team‚ each member ranked the six factors of innovation‚ and a final ranking was agreed upon. A brief description of the assignment will be discussed‚ highlighting the outcome. Innovation is essential for businesses to remain competitive‚ and the business not promoting innovations are losing portions of the market. The team learned the Seven Innovation rules to help
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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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