LAW 531 (LAW 531)

LAW 531 Week 4 Property Rights, Cybercrime and Cyber Piracy Impact on Domestic and Foreign Business “Property rights are theoretical socially-enforced constructs in economics for determining how a resource or economic good is used and owned. Resources can be owned by (and hence be the property of) individuals, associations or governments. Property rights can be viewed as an attribute of an economic good.” (Henry R. Cheeseman)When considering whether or not we want this expansion to remain d...

LAW 531 WEEK 3 ASSIGNMENT, BUSINESS TORT LIABILITY LAW 531 Week 3 Assignment: Criminal liability involving business tort liability may be classified into two areas. For the more severe crimes, they are classified as felonies, and for less severe offenses, misdemeanor crimes. Vicarious liabilities refer to a person who is held responsible for the actions or omissions of another person. As it pertains to the pharmaceutical industry, many companies are unaware that their liability may be caused ...

LAW 531 Week 1, The Role and Function of Law in Global Business This piece analyzed at least two ways the U.S. legal system affected PKL Services. Additionally, this paper examined the risks that PKL Services encountered when dealing with traditional litigation and what measures business managers may take to reduce exposure to those risks. Finally, this paper choose a global/ international dispute with PKL Services, then compared and contrasted one form of alternative dispute resolution with ...

​Ted is the president of Soprano Corporation (SC). Ted decided to have SC manufacture large, gas-guzzling SUV automobiles just before gasoline prices rose dramatically. As a result, SC lost billions of dollars. The shareholders of SC want to sue Ted for this bad decision that cost them billions. However, Ted had made a reasonable investigation before making this decision, he had a rational basis for it, and he had no conflicts of interest regarding this decision. What would be the probable out...

1) Which of the following is a distinguishing feature of a common law legal system? A. Requiring guilt be proven beyond a reasonable doubt B. The sole source of law is a comprehensive civil code C. An appeal process D. The making of law by the judges and the following of precedent 2) Which best describes the types of agency authority held by officers of a corporation? A. Vicarious authority B. Express and obvious authority C. Implied and apparent authority only D. Express...

LAW 531: Final Exam 1) The concept of flexibility in the law is best illustrated by: A. The use of appointed judges rather than elected judges. B. Passing statues that purposely do not address precisely how they would apply in all situations. C. The use of precendent to decide similar cases in similar ways D. Setting a fixed amount of damages applicable to all wrongful death cases. 2) The school of jurisprudence that believes that free market forces should determine the outcome to...