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Discussion Post: Business Law
Making Legal Decisions as a Manager
You are the vice-president in charge of personnel and marketing at a large manufacturing company. In-house detectives inform you that Gates, an employee, was seen stealing valuable computer equipment. Gates adamantly denies the theft and becomes upset when accused. There is no direct evidence against Gates, but you believe the detectives and fire him. The detectives suggest that you post notices around the company, informing all employees what happened to Gates and why. This will discourage others from stealing. Should you post the notices? Discuss the legal implications of posting notices.
While you think that over, a phone call from another company's personnel officer asks for a recommendation for Gates. What should you say to the other officer? Discuss any legal issues that may arise from discussing Gates with a prospective employer.
After thinking for a while, you check your email. The Director of Marketing would like to launch a commercial about the new Rewards Campaign for their most popular soft drink. Watch the commercial YouTube video "Pepsi Harrier Jet Commercial", then discuss whether this constitutes false advertising. List the elements of false advertising within your answer. Would you recommend airing the commercial? Explain.
Identify & Explain ten threats and applicable control procedures in the Expenditure Cycle.
Do u think that different factors affecting capital structure decision will be viewed differently by different companies ? support ur ans with suitable examples.
May 15 Received $299 refund for return of poor-quality merchandise from supplier on cash purchase. Journalize the transactions using perpetual inventory system
Make statement showing working capital requirements of Sarvesh Ltd. Raw materials in stock average 4 weeks. Work-in-progress average 2 weeks
Using (1) factor tables, (2) a financial calculator, or (3) Excel functions, calculate the amount of the right-of-use asset and lease liability
would you find fair value accounting more or less decision-useful than historical cost accounting for the value of Blackstone's carried interest
In Kenny's December 31, 2013 financial statements, for which the auditor's fieldwork was completed in February 2012, how should this casualty be reported
Collections of A/R net of 40,000 discounts 1,500,000 and Cash Sales 480,000. Compute the GROSS SALES under the accrual basis of accounting
Final costs at the end of the project totalled $9 million.Determine the amount of gross profit to be recognized for the years ending December 31, 2023 and 2024.
Langley Enterprises pays a constant dividend of $0.85 a share. What is one share of this stock worth today if the required rate of return is 16.5 percent
How the new push to go "green" is affecting an LDC - will it help them or hurt them? What global impacts will it have?
What is the effect of this sale on Mays Company's income statement and its statement of cash flows
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