Share
Explore BrainMass

Business Law

Liability for Negligence

Grumped Company asks Pierce Whippersnapper LLP (PW), a CPA firm, to audit its financial statements. Grumped tells PW that it plans to use the statements to obtain a loan from First Bank. PW prepares the statements. Grumped uses the statements to obtain a loan from Second Bank. The statements falsely state Grumped's financial pos

Business Law: Major Media Station

Major Media Station, which broadcasts TV and radio programs around the country, contracts with shock jock Don Marco, who hosts the station's most successful morning drive radio program in the country: Mark My Words. The program consists of traffic and sports updates, interviews with sports figures and celebrities, and Mark's Wor

Business Law: Securities Exchange Act

Deon Donato buys 1,000 common shares of Tromput Corporation in an offering of shares made pursuant to a Rule 506 exemption from the registration provisions of the Securities Act. Deon relies on financial statements audited by Angst & Yearn LLP (AY), a CPA firm, which statements materially overstate Tromput's inventory and earnin

Litigation: Defective Products

A way to improve litigation is to provide more opportunity for larger settlements when people are hurt by defective products. Big corporations should feel the brunt of the legal recourse by victims through the use of juries who are unhindered in their settlement judgments. This would make corporations take the initiative to ensu

Right-to-Work Law

Michigan's New Right-to-Work Law - What does it mean for a company that is currently located in Michigan or thinking about moving there? Define the key aspects of the new law, explain why this is a significant development, report the factors that led to this change, and analyze the impact it could have on labor relations at the

Freedom of Commercial Speech

While most of us are appalled at the association of junk food with drugs, others will argue from a free market economist view that this is all about personal choices and freedom of commercial speech. Therefore, some people would be even more offended if government tries to ban the sale of junk food or restrain the marketing of j

Homestead for Estate Purposes

State your opinion A will or trust is necessary if a decedent wants to control how his/her assets will be distributed upon passing. Without such a document, the state statutes will direct the manner of distribution. Each state can determine how distribution will go in an intestate situation. However, I want you to consider the

Laws Regulating International Corporations

The legal environment is a component of international business. What types of laws regulate international corporations? How do the differences in laws and regulations in different countries affect international corporations? Provide some examples.

Explanation of the Four Foundations of Law

What are the four foundations of law which are exercised globally? Briefly explain each foundation and how they might conflict with one another. I know they are are Islamic Law, Socialist Law, Common Law and Civil/Code Law. Scholarly articles are needed to support answer.

Business Ethics and Law

You own an appliance business in a working class neighborhood that makes most of its sales on credit. What considerations would you take into account in determining whether and when to foreclose or repossess items on which customers have fallen behind in making their payments? Should you be swayed by the personal circumstances o

Stop the Beach Renourishment Inc. v. Florida Dept. of the Environment

Check out the case of Stop the Beach Renourishment Inc. v. Florida Dept. of the Environment, 998 So. 2d 1102 ( Fl. 2008). In this case erosion threatens about 60% of Florida's beaches, and under a 1961 law, the state dredged sand from one area and moved it to a threatened area, extending the width of an eroding beach 80-100

Hospital Profit-Board-Law

Please see attachment for the cast study. The Sibley Hospital case involves several board members taking what any reasonable person might consider to be "questionable" actions. However, "questionable," "unethical" and "illegal" are not the same. Some of their actions may raise even more serious issues, especially as to a b

Examples of Business Law

Barney has finally decided to retire after many years on the job as a deputy in a small North Carolina town and as a detective in the "big city" of Raleigh, NC. Though Barney sometimes appeared to be a bumbling law enforcement officer, it turns out that he was a dutiful saver and a shrewd investor who now owns an interest in a s

Critical Analysis

Give an example of a contract that you or someone you know entered into (for example, rental agreement, cell phone agreement, property purchase or lease?car, home, furniture, etc.; home or car repair, student loan agreement). Apply the five essential elements of an enforceable contract to your example and answer the following

Employee Rights Under The Landrum-Griffin Act

1. Would it be legal under 'Title IV' of the Landrum-Grinnin Act for the union to adopt a rule that required all candidates for the union office to be proficient in both English and Spanish? Why or why not? 2. Are teaching assistants, research assistants, and proctors employees under the NLRA? Why would a labor union want t

Page v. Gulf Coast Motors

CASE 14.2 Guaranty Contract:Page v. Gulf Coast Motors 903 So.2d 148, Web 2004 Ala. Civ. App. Lexis 982 (2004) Court of Civil Appeal of Alabama "A promise to pay the debt of another is barred by the Statute of Frauds unless it is in writing." - Judge Murdock Facts: Glenn A. Page (Glenn) had a long-term friendship wi

Mark Cuban & Insider Trading

Watch the following video: http://www.cbsnews.com/video/watch/?id=4612675n In 2009, the case filed against Cuban was dismissed in a federal district court but the government appealed and the case is now pending before the 5th Circuit US Court of Appeals. Cuban's defense is that the information he received wasn't confidenti

Products Liability as Gun Control?

Review the portion that deals with Products Liability, and then read this Huffington Post article: http://www.huffingtonpost.com/2012/12/18/newtown-victims-lawsuits-nra-_n_2325721.html Do you think gun manufacturers and sellers should be held civilly (not criminally) liable for selling guns that are then used to commit cri

Thunderbird & Night Train Express: A Role Playing Exercise!

E&J Gallow, the world's largest winery, has just announced that it will stop selling its Thunderbird and Night Train Express wines in a rough neighborhood of San Francisco, called "the Tenderloin." Thunderbird and Night Train Express are both inexpensive wines with an extremely high alcohol content. They are also some of the to

Cost Per Case: Inpatient Capitated Contract

You have been asked by management to explain the variances in costs under your inpatient capitated contract. The following data is provided. Budget Actual Inpatient Costs $12,568,500 $16,618,350 Members 42,000

Working Conditions: Parental Leave and Economic Benefits

Globally, the most economically competitive countries provide, on average, longer parental leave, as well as more leave to care for children. But there is an enormous payoff to improving working conditions from lowering long-term family poverty to improving population health and education and increasing their associated economic

Betty Wilson and her Christian Coffeehouse Business Law Case

Betty Wilson, a mature Christian, is thinking of opening a Christian coffeehouse in Belmont, NC. Her husband John is open to making a contribution of capital to the business, but he has no interest in participating in its operation or management. Betty's sister, Alice, a new Christian, has told Betty that she's been looking

Electronic Surveillance and Monitoring of Employees

The case study was: Electronic surveillance is not a black and white question but as certain laws inferred notice to the employee is important. A major issue in this debate is the type of electronic surveillance to be used in an employment setting. However, and depending on the state law, generally an employer can monitor emplo

Privacy of genetic information

Analyze the issues involved in the privacy of genetic information and anticipate what additional issues will most likely arise in the next 10 to 20 years, as well as how those issues should be addressed.

Organizational Behavior: Psychological Contract

Textbook: Organizational Behavior, 4th Edition. Emerging Realities for the Workplace Revolution. By: Steven L. McShane and Mary Ann Von Glinow Jack Santoni works on the field production crew at Gusher Drilling Company. When he joined the company five years ago, the supervisor who hired him said Jack could use the company's

Case Study: Business Law

Review the attached Case Study and answer the couple of questions in original words. Benji Watson graduated near the top of his class in the Liberty University MBA program, and he was recruited by several national corporations. One of those corporations was New Gen Health Sciences. New Gen manufactures and sells various vit

Violation of Compliance and the Law

Using the news article below, it shows there has been a violation of compliance or the law. Please answer the following questions with a 150 - 200 word response: 1. Summarize the article (violation). 2. What do you think the organization in violation could have done differently? 3. What impact does the violation have on