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Question 1. 1. (TCO 1) Explain how the doctrine of stare decisis brings stability to the legal system.
Question 2. 2. (TCO 2) Explain with an example how the law may permit something that is ethically wrong. Question 3. 3. (TCO 3) Samuel and his friends form an LLC. Samuel, through an agreement, promises to contribute a personal property to the LLC within a year of the LLC's operation. Samuel passes away in an accident a few days after signing the agreement. Will the agreement still hold? Give reasons in support of your answer. Question 4. 4. (TCO 3) What are the strengths of operating a business as an LLC? Question 5. 5. (TCO 3) Why is it a good practice for partners to put their partnership agreement in writing? Question 6. 6. (In a corporation, the first duty of management is a fiduciary duty to shareholders. Why is that a higher duty than to customers? Question 7. 7. (TCO 3) Explain how the treatment of corporations as a separate legal entity frees shareholders from a liability to the organization's debts and obligations. Question 8. 8. (TCO 1) Explain the Equal Protection Clause of the 14th Amendment. Question 9. 9. (TCO 1) Analyze the jurisdiction of the U.S. Supreme Court. Question 10. 10. (TCO 3) Why are general partners liable for the debts and obligations of the partnership?
The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..
This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.
Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.
With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.
It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.
Company Law, Application of Law to Facts and Conclusion.
This assignment related to business law.
Answer all the questions under business law.
Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.
Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.
Business value and ethics, Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..
Advise what tax consequences arise in respect of the payments.
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