Questions from Business Law

Q: A drug company applied for the approval of the Food and Drug

A drug company applied for the approval of the Food and Drug Administration (FDA) to market a miracle drug that the company believed could cure some cancers. During the period that the application was...

Q: As the vice president of finance for a company producing and selling

As the vice president of finance for a company producing and selling electronic switchboards, you are considering foreign investment to build a plant to assemble electronic components. A source in Chi...

Q: You have spent the past four weeks away from work serving as

You have spent the past four weeks away from work serving as a juror in a case deciding whether a pharmaceutical company should be held liable for the heart attack of a woman who took its painkiller,...

Q: You are the manager of a used car firm known as Reliant

You are the manager of a used car firm known as Reliant Motor Company. Your lawyer has called to tell you that John Doe, a customer you have been dealing with for several months, has filed a lawsuit a...

Q: While you are attending a business conference in South America, someone

While you are attending a business conference in South America, someone approaches you and says, “A private property system might work well in your country, but it will never work in mine. There are o...

Q: (a) What is meant by the phrase “paper fortress

(a) What is meant by the phrase “paper fortress”? (b) How does maintaining a paper fortress aid the employer when the employee claims unfair treatment?

Q: Suppose it has been two years since your graduation. During the

Suppose it has been two years since your graduation. During the time you have worked for a large energy company. In your work, you have been exposed to the numerous ways your employer is investing in...

Q: When Maria Suarez got her new job, she was happy.

When Maria Suarez got her new job, she was happy. As an oil rigger, she would make enough money to support herself and her two children. But after a week of working with a primarily male crew, her hap...

Q: You just had one of those days—exciting and overwhelming.

You just had one of those days—exciting and overwhelming. As your company’s director of human relations, you have dealt with an employee asking how much leave he can take when his wife has their first...

Q: For years, your small electronics company has given all its employees

For years, your small electronics company has given all its employees one week’s pay and a turkey each Christmas. But now a recession is eroding profitability and the company is operating at a signifi...