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This posting addresses laws, contracts, and the UCC.

1. Environmental Law:

Describe business owner/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 identified in the chapter.

2. Greenness:

Discuss possible ways that a company could benefit from making customers more aware of environmental laws. Provide specific examples to support your rationale.

Develop a strategy that any manager could use to boost sales from customers using this Website. Give an example for one highly rated company and one low-rated company.

3. Contracts:

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

4. The UCC:

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?

Solution Preview

Describe business owner/executive obligation to do more for the environment than the law requires.

This has been one of the biggest areas in the corporate world in the past few years. Sustainability, and what companies are doing to become green, and to sustain both themselves and the world around them, is at the top of every major corporation's list these days. All of the company's stakeholders, both internal and external, want to see that the executives are doing all that they can - not what they can - but everything that they can, to become environmentally responsible. Activist groups and people out in the community are beginning to speak up about the drain that some companies have become on resources. Bottled water companies tap the natural springs, companies have miles of trees cut down to build their factories, and to set up shop, and so on. The executives have an obligation to enforce their sustainability initiatives, particularly the initiatives that center on the environment, to give back what they have taken, and used, from the environment. Executives that work for companies who don't directly affect natural resources also have the same responsibility, as their presence is affecting the environment in different ways, through emissions, the using of community resources, etc.

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 identified in the chapter.

I am not sure which ones are ...

Solution Summary

The solution provided a discussion for each of the questions asked regarding management, the environment, laws, contracts, and the UCC.

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