Question
1.1 What is the function of law in our country? Provide an example of this function and an example of how it works in society.
1.1 What is the function of law in our country? Provide an example of this function and an example of how it works in society. Also, please explain the difference between Ethics, Morals and the Law?(discuss more details )
2.1 Arbitration clauses are included in many business and commercial contracts, as well as contracts with individuals. Arbitration clauses can be found in contracts where the contract mandates that any dispute go to arbitration instead of the courtroom. In other words, a party can force the dispute out of the court system.(discuss more details ) (1) Describe the difference between one's civil trial and arbitration. What are the advantages and disadvantages for each? (2) Do you think a contract that forces a party to go to arbitration and can force the dispute out of the court system is fair, just or legal?
3.1 What is the standard of care in a standard negligence case versus a professional standard of care? What standard of care applies to an accountant that does work for client? Can an accountant be held liable in civil court if? (discuss more details ) (1) makes a mistake in their representation, or (2) knowingly gave false advice to a client? Consider the Ultramares rule? the Restatement rule? And the Reasonably Foreseeable User rule?
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