Ethics gives outline to the ____
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- 39. Ethical issues about the economic, political, or legal aspects that a business operates under are referred to as _____ issues.a. corporateb. individualc. governmentald. systemic2. A business without proper business plan will be one geared towards Jailure. 3. Outline the FIVE steps in process for the registration of an Early Childhood Institution with the Early Childhood Commission.1. What the legal advise to start food business. 2. How much should pay to legal advise for food business.
- 1. Suppose competitor firms in an industry gathered and shared certain data about costs. Under the Sherman Act, such action would likely be: a. per se illegal b. an illegal conspiracy under a rule of reason c. permissible if all information was made public d. permissible unless it could be shown that a market injury occurred .Phillip is a broker who was hired by Sam to help him find a new investment property. Phillip identifies a property that fits Sam's investing criteria. Sam asks Phillip to do some research and provide him with an opinion of title on the property. Is Phillip permitted to do this? ○ No. This would be considered an unauthorized practice of law. No. Phillip needs his sales associates license in order to issue an opinion of title. Yes. Brokers are always permitted to issue an opinion of title. Yes. As long as Phillip notifies FREC, he can issue an opinion of title.1. Organisation name TYCO 2. Analyze and apply appropriate ethical theories to shape a business decision given an organizational requirement to conform business practices to both the law and best ethical practices. 3. Develop a business strategy in a corporate liability case arising from the sale of defective and dangerous products. This includes ethical considerations to minimize liability for claims of product liability and breach of warranty. 4. Define and develop elements of a contract and determine whether a duly formed contract is enforceable under the common law or Uniform Commercial Code. 5. Develop strategies to minimize risk, create value and manage legal disputes for business leaders.
- 7. BioChemical Disposal Corporation operates a hazardous waste storage facility. ChemCo Inc. buys BioChemical before it is discovered that the firm’s disposal practices violated CERCLA. With respect to these violations, Superfund imposes on ChemCo Group of answer choices liability on a negligence theory. strict liability. no liability. liability under the nuisance doctrine.Question 2 Which of the following is a true statement? A. As a general rule, if the Statute of Frauds requires a contract to be evidenced by a writing an oral contract will be unenforceable. B. The âpart performanceâ exception to the Statute of Frauds may permit an oral contract for the sale of land to be enforced merely if part of the purchase price is paid. C. A mortgage represents an interest in personal property and thus can be oral. D. A contract for lifetime employment must be in writing to be enforceable since usually if will be for a long time. Question 4 Which of the following is true regarding Title VII of the federal Civil Rights Act in the workplace? a. The plaintiff employee must always prove a malicious, wrongful intent to discriminate on the part of the defendant employer against the employee to prevail in a Title VII civil rights lawsuit. b. Only “big” employers with 2000 or more employees are covered by the federal Title…What it is talking about? 1. Incorporation of a company Ø Minimum number of shareholders and directorsEvery company requires at least one member, a director and a company secretary. Have at least one director who is a natural person (s457) Ø Effects of incorporation The company is capable of exercising all the functions of an incorporated company (e.g. separate legal entity, artificial person like entering into contracts in its own name, or taking legal action against other), and has perpetual succession. On and after the date of incorporation, the founder members, and any other persons who may from time to time become the company’s members, are liable to contribute to the assets of the company in the event of the company being wound up as is mentioned in Cap. 32.èLimited Liabilities
- 45) What is a disadvantage of partnerships over sole proprietorships? A. In partnerships, profits have to be shared, whereas in sole proprietorships all profits belong exclusively to the owner. B. Unlike sole proprietorships, partnerships do not face any regulatory controls that affect their activities. C. In partnerships, all owners have unlimited liability, whereas in sole proprietorships they have limited liability. D. Unlike a sole proprietorship, a partnership is terminated when a partner dies or withdraws. E. In sole proprietorships, the owners have access to more funds than in partnerships.Calculator The Coinsurance cause in an individual Medical Expense policy refers to the OA insured's rights to have another person, such as a spose or dinned on the same poky OB. company cay esse corage op insurance company's right to join with and insurance company's right to share OC in ce with another c Insurance company's right to the hosto de detale percentage of the cost of com OD.An insured becomes disabled on March 1 and submits a claim stallment to the instifonce company on March 31, whin il disabled The company fads to sen the insured decides to sook legal advice The oarliest date the attorney may take legal action agained the insurance company is OA April 30 OB May 16 ec May 31 OD June 15