Business Law and Ethics Attorney Guidance to an Entrepreneur Constitutional Rights: The first amendment was made for protection of speech and commercial speech. There are many entrepreneurs that are selling information and parts of the constitution will protect those businesses as they have liberty to economic freedom as well (Bonham, 2013). It is the right of those businesses or entrepreneurs and not the governments right to choose what occupation to pursue (Bonham, 2013). Some successful entrepreneurs are those that publish books, software, newsletters and websites (Three steps you must take to Ensure CFPB Compliance). BackOffice has entrepreneurs that are developing a software app and a service for that app. The …show more content…
There are new regulations and periodic audits that can be of concern, however, there are ways to be proactive as well. If the vendors are breaking rules, even if performing well, than the company is still liable for those actions as well (Three steps you must take to Ensure CFPB Compliance). It is also unethical or non compliant to break the rules (Three steps you must take to Ensure CFPB Compliance). Having an audit process in place with documentation and expectations from the vendors, focusing on long term performance while learning about CFPB compliance measures will help to understand the CFPB. Though all companies have freedom of speech and right to economic liberty as stated in the constitutional rights, BackOffice has every right to sell a software app and an app service to perform certain functions such as receiving payments for sales and services. Since 2010 when CFPB was created with the help of the Dodd– Frank Act, it is known that a consumer financial product or service is a financial product or service offered or provided for use by consumers primarily for personal, family, or household purposes (Three steps you must take to Ensure CFPB Compliance). BackOffice will need to understand what items should be done to be proactive and compliant so it does not pay excessive fines and penalties. CFPB has every right to create regulations to protecting the consumer. Organizations,
Every day businesses are faced with making decisions that can have far reaching effects within their organization and the communities in which their business are based. Company Q is one of these businesses. Recent decisions made within this company have demonstrated a trend that would suggest Company Q has a negative attitude toward social responsibility. This attitude can be evidenced by the closing of two stores in high-crime rate areas because they were consistently losing money, offering minimal amounts of health-conscious and organic foods despite high demand, and declining donations of day-old products rather than donating these items to the local area’s food bank due to concerns of fraud and stealing by employees.
Ethical Dilemmas are a pressing issue within any law enforcement or law agency the power that people have in positions such as these force them to share an equal or greater amount of reasonability. Ethics is defined as “the branch of philosophy that typically deals with values relating to human conduct with respect to the rightness and wrongness of certain actions and to the goodness and badness of the motives and ends of such actions”. This definition of ethics courtesy of Webster dictionary shows just how complex the intricacies of ethics are and how major dilemmas might negatively impact departments for instances lawyers are plagued with ethical dilemmas on a day to day basis such as Lawyer advocacy, conflict of interest, Professional
The Consumer Financial Protection Bureau (“CFPB”) is tasked with writing and enforcing rules for financial entities to protect consumers from unfair, deceptive or otherwise harmful practices by such entities. A major area of focus for the CFPB is a robust and effective oversight of a financial institution’s third-party providers (vendors) to ensure consumers are not exposed to unnecessary risk of financial or personal harm.
This paper is composed for the individual assignment for week 2 of the MBA 633 Legal Issues in the Workplace course. The topic for this assignment consists of the differences between ethical and legal business issues. This paper will provide answers to questions related to employee behavior away from the office, and the Foreign Corrupt Practices Act and bribes. Both topics have been presented in the form of video cases (video 93 and 98) found in the Cengage digital video library.
Abandoned minors are no longer protected from liability on their contracts, merchants are still reluctant to deal with them on a credit basis, fearing that they may still attempt to disaffirm, or
Hello Mr. Poulson, I hope all is well and thank you for the opportunity you have given me to offer a recommendation on how to solve the crisis INDE is currently facing. As you know the technological crisis that arose from corrupted Augmented Reality software we produce for our Augmented reality products has affected our servers very severely. As a result, this is the first technological crisis the company has ever faced. The misuse of confidential information gave hackers the all access to infuriate our servers which lead to the start of the crisis. However, technological crisis occurs frequently in the industry.
From a biblical perspective we see in 1 Samuel 12:1-4 Israel’s high regard for Samuel. He was a man who exuded integrity. Samuel said to all of Israel, “I have listened to everything you said to me and have set a king over you. Now you have a king as your leader. As for me, I am old and gray, and my sons are here with you. I have been your leader from my youth until this day. Here I stand. Testify against me in the presence of the Lord and his anointed. Whose ox have I taken? Whose donkey have I taken? Whom have I cheated? Whom have I oppressed? From whose hand have I accepted a bribe to make me shut my eyes? If I have done any of these, I will make it right.” “You have not cheated or oppressed us,” they replied. “You have not taken anything from anyone’s hand.”
Consumers use a variety of products on a daily basis to assist them in accomplishing a task or completing a project and they expect the product to be properly designed and safe to use. However, in the event that a product is defective and causes injury to the person using it, the manufacturer may be liable for the injury and have to compensate the injured person (s). Companies that manufacture products need to be sure they are doing all within their power to assemble products that are free of defects that could accidentally cause harm and cost the company. Product liability is the
The ethical dilemma in this situation is the unauthorized practice of law. Not having an attorney supervise his work is an example of unauthorized practice of law. I feel that no line was crossed on Jeff's behalf. If I were in the same situation and helping previous clients or illegal then I would not have a problem doing so. I would make sure to draw the line at ethics and what is legally right and wrong. D soul difference between a paralegal and an attorney is a few more legal classes in the bar exam. With the reassurance of a practicing attorney that the paralegal works for, I do not see a problem with a paralegal giving legal advice. The role of a paralegal is a person who performs legal work as authorized by the law. Yes, Jeff appropriately
Peter Crist is almost always correct. The reality is that if someone lies or covers stuff up, most of the time they will be found out eventually be it in two days or in 20 years. However, the reality is that some people do lie and cover stuff up in professional and personal situations and are never exposed. Sometimes this is because they're in a situation where dishonesty is prized, other times it's because the people around them turn a blind eye to what they see because they don't want to know the truth. Other times, it's because the person engaging in the dishonesty is so crafty and so quick that the trickery and subterfuge is almost inscrutable. However, the fact remains that Crist is correct. Often people are found out because those who are engaging in the trickery have so much hubris and so much arrogance that they engage in bolder and bolder moves, believing that they will never be caught. One example of that from the recent past is of Bernie Madoff. His crime was a simple Ponzi scheme which grew larger and larger in size and scale to the point where he couldn't help but be found out. In this case, the fact that Ms. Jones was found out was somewhat expected: she advanced to such a position of power within the institution that she was almost one of their public figures, which meant that her credentials would be under greater scrutiny.
The best way to approach this task would be to see what people in Asheville, NC value, and see if this matches up with your financial needs. Also if Asheville, NC is very intent on removing carbon footprints and the renewable energy effort it would be important to make sure that your business can operate on these values. According to Weiss the city of Asheville has put limits on carbon emissions and is currently in a legal procession that will limit its coal powered energy plant Duke Energy to a set amount of emissions (Weiss, 2013). This is important because anything that does not match these emission standards will either have to change or New Belgium would have to find another spot for the business. This is also important because whenever
15. How should the company resolve a claim for assault, battery and false imprisonment arising out of an altercation with one of the company’s employees and how can the company protect itself against such claims in the future?
Daniel, P. (2016, January 27). What is John Locke's theory of natural rights and justification for a limited government? Retrieved July 31, 2017, from https://medium.com/patrickdaniel/what-is-john-locke-s-theory-of-natural-rights-and-justification-for-a-limited-government-80feecdaaa27
1. The Sales Rep. A sales representative for a struggling computer supply firm has a chance to close a multimillion-dollar deal for an office system to be installed over a two-year period. The machines for the first delivery are in the company’s warehouse, but the remainder would have to be ordered from the manufacturer. Because the manufacturer is having difficulty meeting the heavy demand for the popular model, the sales representative is not sure that the subsequent deliveries can be made on time. Any delay in converting to the new system would be costly to the customer; however, the blame could be placed on the manufacturer. Should the sales representative close the deal without advising the customer
There are distinctions within the broad line of issues regarding both indemnity and non-indemnity insurance. Using life insurance as an example of non indemnity insurance would also consider other ‘value’ insurance such as personal accident and critical illness.