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In class we discussed in a federal system there is "preemption" which allows Congress or State Legislatures to insist on one uniform set of standard and regulations in a policy area that all states or local government in a state have to follow. Or "partial preemption" in which Congress sets the minimum or maximum standard in a policy area that a state must meet, but can always expand on for their citizens. The flip side of preemption, under the 10th Amendment, each state has the right to regulate certain activities free from federal interference or home rule which allows local governments to regulate certain activities free from state interference. The minimum wage is example of federalism, preemption and partial preemption. There is federal minimum wage, $7.25 (applies to all 50 states, employers who meet requirements, must pay this amount) but a state can increase it beyond this amount (partial preemption); Oregon statewide minimum wage is $9.25, (applies to all employers in Oregon who meet requirements), but local governments CANNOT increase it beyond this amount, FULL PREEMPTION. This system creates some level of consistency (across the U.S. and Oregon) and standards, which is an advantage of federalism, but also prevents local governments from responding directly to the needs of their community, and could result in a patchwork of solutions, which is a disadvantage of federalism. The President has called for an increase in the federal minimum wage and this fall Oregonians will be asked to vote on changes to the minimum wage, increasing the statewide minimum wage and/or removing the statewide FULL preemption from allowing local governments to increase above the statewide minimum. As you consider these options, which layer of government should be the one that decides what the minimum wage? Why?
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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