Your study of the legal, political, and ethical dimensions of business. This course is rich with materials that will assist you in both your business and your personal life. You will be introduced to the legal, political, and regulatory controls that define, promote, and limit business practices. We will discover how law, politics, ethics, and corporate social responsibility interact with one another and the effects they have on your business. In the upcoming units, we will explore the following areas.
• Business and the legal system
• Business ethics
• The U.S. Constitution and its effects on business
• The adversary process of our legal system
• Creation and operation of regulatory and administrative agencies
• Classification of torts and product liability
• The employer-employee relationship
• The formation and performance of contracts
• Definitions and value of real and intellectual property
• Elements and features of white-collar crime
• Antitrust trade practices and consumer protection
• Formation of business entities and issuance and trading of securities
• Land use and environmental protection
• The legal environment of international business
Q.1 Review the Course Objectives outlined in the Syllabus (refer to the main course menu). Share your expectations from this course. (100 words is fine)
Q.2. Laws can be classified into several categories: criminal law v. civil law, substantive law v. procedural law, public v. private law, and law v. equity.
Discuss one of these categories and the distinctions between the two types of laws.
Q.3 What is venue? What is the strategy of requesting a change in venue? What were some publicized situations where a change in venue was approved? Denied? Should this concept even exist?
Q.4 How do Executive Orders fit into the role of Government? What were some of the Executive Orders issued by President Trump? President Obama? President Biden? What can a President do or not do?
Q.5 What constitutes the concept of “standing” which enables a party to bring a legal action? Why is it important?
