ASSIGNMENT #1: BUSINESS LAW IN THE NEWS LAW 1702 ASSIGNMENT OBJECTIVES: Through this assignment, students will: Research examples of business law cases or issues Summarize key facts relating to simple legal situations Identify the law that would apply in a simple legal situation Describe consequences and outcomes relating to simple legal case studies Relate legal requirements to internal controls of other areas of business administration such as business Identify legal protections and risks associated with different forms of businesses and use of agents, practices, conventions and regulations and/or accounting and nancial principles [CLR 1, 3, 4]