More heavily involved in the consumer protection laws

Assignment Help Operation Management

Reference no: EM131119279

Class, this week we get more heavily involved in the consumer protection laws and maybe we will even get into discussing whether or not they are effective. The best (or worst) part of this threaded discussion is that we will see that the warnings which financial business ethicists were giving over the last decade actually weren't heeded and should have been. I want us to focus on how the law drives or is driven by the financial realities in the world. Any of us who want to work in the financial industry should review the rules governing and think about how the drive for profits should be tempered against the good of our customers. Although making a loan doesn't have "product liability" issues (i.e. loans don't typically cause physical injuries) -- we can see with our own eyes that bad loans can impact the economic health of everyone in the entire global economy.

Reference no: EM131119279

Questions Cloud

Unenforceable on the ground that voluntary consent : Discuss whether either of the following contracts will be unenforceable on the ground that voluntary consent is lacking:(a) Simmons finds a stone in his pasture that he believes to be quartz. Jenson,who also believes that the stone is quartz, contrac..

Find the option in your routers web interface : You can verify your change took effect by running a command that shows your network connection details and checking what MAC address your network interface reports afterwards. If you need to change the MAC address on your router, you'll find this o..

How does the concept of substantial performance : How does the concept of “substantial performance” apply to accounting for franchise sales?

Which design has dorothy employed : Sharon wanted to investigate student perceptions of homework. First, she distributed a survey to students and their parents and collected quantitative data. Second, she interviewed a few participants to gain insights on their survey responses. Whi..

More heavily involved in the consumer protection laws : Class, this week we get more heavily involved in the consumer protection laws and maybe we will even get into discussing whether or not they are effective. The best (or worst) part of this threaded discussion is that we will see that the warnings whi..

Why in franchise arrangements may it not be proper : Why in franchise arrangements may it not be proper to recognize the entire franchise fee as revenue at the date of sale?

Draw the dictionary data structure obtained after inserting : Draw the Dictionary data structure obtained after inserting: 10, 20, 30, 40, 50, 60, 70, 80, 90, 100, 110, 120, 93, 97, 96 one after the other into the following initially empty structures.

Summarize the facts in narrative or outline form : Summarize the facts in narrative or outline form. These should include the most important and pertinent incidents in the situation. Do not simply restate the entire case

How much revenue should livesey company report : The costs cannot be reliably estimated. How much revenue should Livesey Company report in the first year under iGAAP?

User Account

All Pages