What is SOX after all? Is it an unnecessary and unreasonable interference with the market, or is it a necessary response to the threat to investor confidence caused by the accounting scandals? Should investors have concerns about the markets when large, publicly traded companies had published financial data that was false? What
Ms. Singh is a client of your firm. She was recently arrested for breach of peace during an altercation at a bar. Ms. singh was the recipient of unwanted advances from another patron at the bar. Her boyfriend became jealous and punched the other man. Ms. sinhg was arrested for breach of peace. She is very concerned about the po
Adhering to the Sarbanes Oxley Act is only required for publicly traded companies. There has been a lot of discussion as to whether not-for-profit organizations should voluntarily follow the act. NYS Attorney Eliot Spitzer also issued a press release in 2003 stating that not-for-profit organizations should also follow the act.
Identify and discuss some of the ways that the Tax Relief Act affects a person's estate plan?
Congress passed the Sarbanes-Oxley (SOX) Act in the wake of several high-profile corporate accounting frauds. What is the goal of SOX? What provisions of the act help ensure that the goal is achieved? Are there any parts of the act that you find particularly important?
Describe business owner's/ executive's obligation to do more for the environment than the law requires. Summarize the value of knowing about environmental law (at least some aspects of it), even if you are not working for a company directly, impacted by any of the four environmental laws.
Discuss some possible clues that might tip off a manager that an employee may be initiating IP theft. Involving the testimony regarding the FBI's efforts to investigate IP theft, identify two best practices owners / executives can implement to protect against possible IP theft.
Identify the IP rights that are owned by an organization. Explain which intellectual property appears the most difficult for a business owner to protect. Provide support for your answer.
Chapter 5 states "...without the law of agency, corporations could not function at all." Share an example not given in the textbook that proves this statement correct.
Ignorance of __________, more than any other single factor, accounts for the United States' unimpressive foreign sales efforts. A. native bargaining rituals B. domestic industry structure C. negotiation strategy D. cultural communication processes Projective cognitive similarity is: A. assuming th
The attached short case tell a simple story of a company that has many legal issues at the same time. Imagine that you are a legal consultant, and analyze the case in 2-3 pages explaining and addressing the fundamental legal issues. You don't have to cite cases, nor explain the law in details. E.x, you don't have to spend hal
Infer shareholders' equity and compute earnings per share as it would have appeared on the income statements for the years end for Locke Intertechnology Corporation.
Comparative Statements of Shareholders' Equity for Locke Intertechnology Corporation were reported as follows for the fiscal years ending December 31, 2009, 2010, and 2011. LOCKE INTERTECHNOLOGY CORPORATION Statements of Shareholders' Equity For the Years Ended Dec. 31, 2009, 2010, and 2011 ($ in millions) Preferred
Is it morally sufficient for a U.S. company to comply with the laws of the foreign country in which it operates? Why or why not? What guidelines should a multinational use to determine a fair wage to its employees in a less developed country?
Do you think supporting non-compliance clauses in employment agreements is good public policy? Why or why not? Provide an example that supports your position.
Can an individual enter into a contract without being aware of it and still be bound by its terms? Why or why not? Cite an example of a voidable and non-voidable contract.
Please identify the benefit, costs and drawbacks of a NO AGREEMENT situation for negotiation.
Bill didn't exactly fit in at the XYZ Corporation. First, Bill lost out on a promotion because a female co-employee was sleeping with their mutual boss and for that reason got the promotion instead. Later, Bill was denied a raise because he refused to have sex with his male supervisor. Still later, Bill was fired when he refused
Explain whether the UCC clarifies how goods are sold or makes it more confusing. Use examples or other support for your answer. Discuss whether or not a manager would likely need to have a complete picture of the UCC in each state. How much does a manager really need to know about the state's UCC in which she/he sells goods?
Many times we have a contract in front of us and we merely scan it and then sign it. Discuss what makes contracts difficult to read or comprehend. Identify and then explain the two most important elements of a contract that every manager should know about. Support your answer with an example or rationale.
How have the new rules in the Sarbanes-Oxley Act of 2002 affected the way accounting departments and companies operate? What are some positive outcomes from these changes?
Do you think that Sarbanes Oxley has been effective in managing the risks exposed through Enron, Arthur Anderson, Worldcom, etc.?
Enron resulted in significant legislation to prevent future ethical misconduct. Do you think that Sarbanes Oxley has been effective in managing the risks exposed through Enron, Arthur Anderson, Worldcom, etc.?
Scenario: You have decided to develop a business that concentrates on importing fair-trade world goods for sale in retail mall outlets in several different American cities (Detroit, Philadelphia, Seattle, Las Vegas, Atlanta, and Dallas). The theme you have selected is, "A Small World." Because of the nature of this business,
I need help writing a case summary and anaysis on the attached case. 1. Summary of Facts - Briefly summarize important and relevant facts of the case. 2. Legal Issues - Identify one or more relevant legal issues presented in the case. 3. Personal and Legal Analysis - Articulate a personal and legal analysis/opinion of th
You own Priscilla's Pecans. You employ five people and sell your pecan products in one town in Georgia. Your products are not sold in any other state. The federal government imposes regulations on the pecan industry. The Georgia legislature issues its own safety laws that are more strict than the federal rules. Georgia also
From a legal perspective, determine if it is easier for a manager to deal with an employee or an independent contractor. Provide an example or rationale for your answer. With the rise of virtual work arrangements (working from another location other than the designated office), discuss the legal issues that managers must be a
How are the Federal District Courts, the Federal Courts of Appeal, and the U. S. Supreme Cout different? How are they similar? What role do the various courts play in making or interpreting law that applies to businesses, employees of those firms, and for esolving or preventing conflict?
On January 1, 2010, Korswak, Inc. established a stock appreciation rights plan for its executives. It entitled them to receive cash at any time during the next 4 years for the difference between the market price of its common stock and a pre-established price of $20 on 60,000 SARs. Current market prices of the stock are as follo
15. Melissa is employed by Conway Chemical Corporation. The company allows the employees to use the conference room for club meetings, like the knitting club and book club. Melissa has asked to use the conference room for prayer meetings on Wednesday mornings before her shift starts. Melissa's request was denied. A. Melissa do
When forming a company, the options are sole proprietor, partnership, and corporation. Most choose incorporation. Why is the corporate form seen to be best? What rights do the stockholders have?
"The Bill of Rights" Please respond to the following: In reviewing the Bill of Rights, discuss which amendment has the biggest influence on businesses. Give an example to support your answer. From a manager's point of view, tell what might happen if a manager does not know or understand the contents of Chapter 4. Explain the