Discuss the relationship between law and ethics.
> Weaver, a high school dropout, leased a gas station from American Oil Company and signed a standard agreement prepared by the oil company’s lawyers. The lease (contract) contained a clause in fine print that provided that the oil company would not be lia
> Browne offered to sell Houlihan his recently purchased 50-inch plasma screen television set for $6,400. Houlihan sent Browne an e-mail message accepting the offer but asked if she could pay Browne in four equal monthly installments of $1,600. Browne did
> List six types of health-related insurance benefits typically available to employees.
> Grogan, a marketing consultant, was hired by Kreger Bottling Company to conduct market research into the taste preferences of consumers in a major city. Before he concluded the project, he was asked to take on the additional task of analyzing the appeal
> Hodge, a 54-year-old employee of a bank, discussed his job and future with Tilley, president of Evans Financial Corporation and his employer. They agreed orally on a number of matters, including job title and location. After eight months on the new job,
> Fortrell, an aide in a child care center, was particularly concerned about the behavior of a certain child who frequently fought with and teased other children at the center. LaRena, the mother of one of the children who had been a victim of the troubles
> Robin Williams, famous entertainer and comedian, gave a performance at a San Francisco nightclub, The Great American Music Hall. As part of his comedy routine, he disparaged a particular brand of wine, Rege, by suggesting that it would be a great success
> Muscarello illegally sold marijuana, which he transported in a small truck. Police discovered a handgun in the locked glove compartment of the truck. A provision in the firearms chapter of the federal law demands a five-year required prison term for pers
> Searle, office manager of Entro Products, had access to the firm’s checks to be used in paying for office supplies. However, Searle was not authorized to sign them. Each time he wanted to pay invoices, Searle had to have the firm’s president sign them. A
> Franken, president of Monarch Pharmaceuticals Incorporated, was one of only three persons who knew that one of the firm’s experimental drugs had just been approved by the federal government. The drug had been found to cure several serious diseases. As so
> DeCoster and his son, owners of a large egg production company, negligently sold eggs contaminated by salmonella poisoning, causing illness to 1,939 people, according to an estimate by the U.S. Centers for Disease Control and Prevention. According to est
> Buckley, a worker in a restaurant, stole a credit card from the coat of its owner with the intention of using it to charge goods. He purchased some merchandise at a retail store and paid for these goods by presenting the stolen credit card to the salespe
> At a special meeting, the board of directors of Family Federal Savings & Loan Association asked Newton, its president, manager, and director, to resign. He did so. Shortly thereafter, a reporter for the Oregon Statesman talked about Newton’s resignation
> List the most common of the numerous forms of medical insurance available to individuals and employers.
> Explain the due process and equal protection clauses of the Fourteenth Amendment.
> Fletcher-Harlee Corp., a general contractor, solicited bids from subcontractors on various aspects of a building project for which it intended to compete. In response, Pote Concrete Contractors Inc. submitted a written price quotation for providing the c
> Sanderson Mart ran an advertisement in the Daily Tribune that stated, “Special offer to our customers—3/8-inch Electric Hand Drills, Saturday only— $14.99, only 100 in stock, while they last! Be here when we open for the bargain of the year!” Cruz arrive
> An inspector from the department of weights and measures in a particular city made a routine examination of the gasoline pumps at a service station to check their accuracy. The inspector found that one pump delivered only 4.5 gallons when the meter showe
> English was an employee of the city of Long Beach, California. His fitness to perform his duties was brought into question by an administrative agency of the city that customarily held hearings where such decisions were made. English was not notified of
> Stotts was employed as a technician in the engineering department of Raytron Corporation. All the engineers on staff were required to sign agreements that they would not accept employment with another company in the industry within three years of leaving
> The law in a particular state provided that the commissioner of insurance had the authority to approve or not approve the rates charged consumers for automobile insurance. The managers of a particular insurance company believed that the services they pro
> Siwek took his new Buick to his dealer for minor repairs. While the car was in the dealer’s repair shop, the dealer informed Siwek that the car was equipped with a Chevrolet engine. The standard engine for a car of the model and year in question was a 2.
> Dasey was employed as a state trooper by the Massachusetts Department of State Police. In his employment application, Dasey stated that he had not used illegal drugs during the previous five years. Later, during an unrelated homicide investigation, a vid
> The GDGS Corporation adopted an arbitration policy and announced it to its employees via e-mail. The policy stated that arbitration was the exclusive means of resolving legal disputes between employees and the company. When Campbell, one of the employees
> Ayer, an engineer with product development responsibilities, was confronted with an ethical dilemma. He knew that a product being manufactured by the firm was unsafe for consumer use as a result of cost cutting. He also believed that if he complained to
> Distinguish between the two most commonly used advance directives—the living will and the durable power of attorney for health care.
> Packerd owned a restaurant that employed several employees as servers. When sales began to decline, Packerd decided to fire three servers. He selected Artemuk, who had numerous complaints about her service; Bednerz, who would soon be leaving for jury dut
> Zanucky was employed by a furniture store as a driver of a delivery truck. While making a delivery, he negligently drove through a red light, and the delivery truck struck a vehicle operated by Gittins, who was injured in the accident. a. Can Gittins sue
> What are the three major classifications of crimes?
> What is the difference between a tort and a crime?
> Explain why legislatures establish regulatory agencies.
> Discuss several responses by businesses to ethical issues.
> Discuss the relationship between ethics and the law.
> Suggest several unfavorable consequences facing a business firm that consistently engages in unethical practices.
> Discuss and provide examples of values that are highly regarded in our society.
> Identify some typical issues for people who are ethically concerned with the environment.
> Discuss five exceptions to foreign sovereign immunity pursuant to the Foreign Sovereign Immunities Act.
> Describe the two broad categories of ethical reasoning, including the similarities and differences between the two.
> Define negligence and distinguish between the different types of negligence.
> Describe conversion and explain its main purpose.
> Explain the two common defenses to charges of defamation.
> Explain the differences between libel and slander.
> Describe defamation.
> Explain the nature of torts and identify some common torts.
> Discuss several common crimes of particular concern to businesses and employees.
> Identify the three major classifications of crimes.
> Define crime and distinguish between crimes and torts.
> Discuss the goals of NAFTA and the means it uses to achieve these goals.
> Discuss some ways businesses can ensure ethical practices.
> Cite several influences on group and individual values.
> Distinguish moral law from legal obligations.
> Cite and describe the major classifications of law.
> Explain the reasons for the preparation of the Uniform Commercial Code.
> Identify the principal sources of law in the United States.
> Distinguish among ethics, morals, and values.
> Discuss the application of law in today’s world.
> Indicate whether each of the following statements is true or false. 11. Fraud may be committed either by spoken or written words or by acts or conduct. 12. Intentional concealment of material facts is just as fraudulent as making false statements. 13. A
> Explain some provisions of the Master Settlement Agreement.
> Indicate whether each of the following statements is true or false. 11. In order for an offer to be valid, it must be definite and certain. 12. The person who makes a proposal to enter into a contract is the offeror. 13. In order for an acceptance to be
> Indicate whether each of the following statements is true or false. 16. All agreements between two competent parties are contracts. 17. Written contracts must be handwritten to be legally enforceable. 18. Implied contracts are those dealing only with per
> Indicate whether each of the following statements is true or false. 6. Each level of government usually has three branches: executive, legislative, and judicial. 7. Executives at all levels of government are elected by the voters. 8. The heads of adminis
> Indicate whether each of the following statements is true or false. 16. The federal Constitution has been amended more than 100 times. 17. Both federal and state courts have the power to determine whether laws enacted by legislatures or decisions made by
> Indicate whether each of the following statements is true or false. 11. A tort is a violation of the rights of a particular person. 12. Tort law is concerned with compensation for losses suffered by injured parties. 13. Defamation includes both libel and
> Indicate whether each of the following statements is true or false. 11. When a patient consults with a physician, the two parties are entering into a legally binding contract. 12. When a physician or other health care provider acts negligently, the patie
> Indicate whether each of the following statements is true or false. 11. The United States lacks the abundance of natural resources that many other countries have. 12. Environmental regulation is not yet a distinct area of the law. 13. The Clean Air Act o
> Indicate whether each of the following statements is true or false. 13. International law is the broad study of the legal systems of major countries, treaties, practices, tariffs and nontariff trade barriers, and import and export quotas. 14. There is li
> Indicate whether each of the following statements is true or false. 6. While the term malpractice is usually applied to physicians, dentists, attorneys, and accountants, it may be applied to all professionals. 7. Good Samaritan laws provide medical profe
> Indicate whether each of the following statements is true or false. 7. Both breach of warranty and product liability lawsuits are based on tort law rather than contract law. 8. The four elements of a product liability lawsuit are duty, breach, proximate
> Summarize the testing procedure required by the Food and Drug Administration in order to gain approval to sell a drug.
> Indicate whether each of the following statements is true or false. 8. Acts of an employee while performing duties of employment are considered the acts of the employer. 9. Workers’ compensation laws are designed to ensure that all employees are paid fai
> Indicate whether each of the following statements is true or false. 6. An employee may sue a third party for a work-related injury or illness, even if the injury or illness occurred while the employee was on the job. 7. Federal law requires that employer
> Indicate whether each of the following statements is true or false. 6. The Securities and Exchange Commission requires that prospective investors review all of a firm’s financial information prior to purchasing any stock in the company. 7. Touting occurs
> Indicate whether each of the following statements is true or false. 9. Employers in all states are prohibited from asking for social media passwords. 10. Defamatory social media speech is a tort. 11. Employers are not allowed to implement any restriction
> Indicate whether each of the following statements is true or false. 11. The purpose of criminal law is to compensate injured parties for their losses. 12. If a person’s reckless driving results in an automobile accident, he or she can be charged with bot
> Indicate whether each of the following statements is true or false. 6. Individuals making statements in chat rooms have an absolute right to privacy. 7. There are currently no laws prohibiting the use of cookies in the case of adult computer users. 8. Em
> Indicate whether each of the following statements is true or false. 6. A contract in which an employee agrees not to work for a competitor for a reasonable period of time is unenforceable. 7. A buyer who purchases a business from a seller receives title
> Indicate whether each of the following statements is true or false. 16. The probate court is responsible for supervising the operation of a will and the settling of an estate. 17. When a person dies intestate, the court appoints an executor to settle the
> Indicate whether each of the following statements is true or false. 16. A tenant can legally occupy a landlord’s property only with the consent of the landlord. 17. The tenant’s rights in rented property are superior to those of the landlord. 18. The lan
> Indicate whether each of the following statements is true or false. 11. A bailment requires that title pass at the time the bailment is created. 12. Bailments can be express or implied. 13. Anyone in possession of goods can create a bailment relationship
> Explain the legal reasoning behind the concept of strict liability and weigh its consequences for businesspeople and consumers.
> Indicate whether each of the following statements is true or false. 16. “Property” refers to both personal and real property. 17. Fixtures are additions to personal property. 18. Personal property can be either tangible or intangible. 19. There is no dis
> Indicate whether each of the following statements is true or false. 16. The writing a holder puts on the back of a negotiable instrument is known as a negotiation. 17. An endorsement of an instrument must be for the entire amount. 18. The Uniform Commerc
> Indicate whether each of the following statements is true or false. 16. The law presumes that commercial paper was issued for value. 17. A subsequent holder of commercial paper can have no greater rights than the original holder. 18. The words “pay to th
> Indicate whether each of the following statements is true or false. 16. Persons familiar with good accounting practices recognize that assets should never exceed liabilities. 17. In most instances, when bankruptcy is filed, the debtor’s assets are sold a
> Indicate whether each of the following statements is true or false. 11. The great majority of small businesses in the United States are organized as limited liability companies. 12. The major disadvantage of a sole proprietorship is the fact that the own
> Indicate whether each of the following statements is true or false. 8. Unethical behavior has not been a problem in society until recent times. 9. Generally, what is unethical is also illegal. 10. The term values relates to the price of merchandise on sa
> Indicate whether each of the following statements is true or false. 15. A general agent is a person authorized to assume complete charge of his or her principal’s business. 16. A competent party may delegate his or her service on a jury to another by app
> Indicate whether each of the following statements is true or false. 11. Warranties are promises or statements made by manufacturers or sellers. 12. While the law dealing with warranties is intended to protect the general public, it often has the effect o
> Indicate whether each of the following statements is true or false. 11. Contracts for sale can be oral or written, express or implied. 12. A contract for sale differs from a contract to sell primarily in the point at which title passes. 13. In most cases
> Indicate whether each of the following statements is true or false. 13. A bill of sale must be prepared on a specific legal form. 14. Title is proof of ownership as shown by a bill of sale. 15. Personal property is land and anything attached to it. 16. A
> Fiscus, age 23, entered into an oral contract with Badger, a 30-year-old bricklayer, for the construction of a backyard barbecue for a fee of $300. The work was completed in two weeks, as agreed. a. Is there an offer and an acceptance? b. Is this a valid
> Indicate whether each of the following statements is true or false. 11. A contract can be terminated in accordance with provisions in the contract itself. 12. A consumer can terminate a contract made in the home with a door-to-door salesperson within thr
> Indicate whether each of the following statements is true or false. 11. A third-party beneficiary has a legal right to receive the benefits of a contract if it is the intent of the contract to benefit the third party. 12. A third party who benefits incid
> Indicate whether each of the following statements is true or false. 11. Some types of contracts must be in writing to be enforceable. 12. The parol evidence rule affects the enforceability of contracts that include oral or written changes in the terms of
> Indicate whether each of the following statements is true or false. 11. A contract is always legal and enforceable as long as the parties are competent and they have a mutual understanding. 12. An agreement to perform an illegal act is void and unenforce
> Indicate whether each of the following statements is true or false. 11. A person’s legal birthday is the same as the day on which his or her birthday is celebrated. 12. An emancipated minor’s contracts for necessaries are valid. 13. A contract with a min
> Indicate whether each of the following statements is true or false. 11. Consideration is one of the elements of a contract. 12. The courts generally do not rule on the adequacy of consideration. 13. A promise of inaction, or forbearance, can be valid con
> Indicate whether each of the following statements is true or false. 16. In our country, the principles and ideals guarding our individual liberty and freedom are presented in the common law. 17. Amendments to the federal Constitution require approval, or
> Should the law distinguish between a reasonable basis for a warranty disclaimer and one that attempts to substantially negate the warranty?
> What is the primary objective of warranty disclaimers?
