assignment #1: business law in the news

LAW

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 financial principles[CLR 1, 3, 4]

Assignment instructions:

Not a day passes without a news story on an issue concerning business law. Examples include court decisions and the passage of legislation in a regulatory area affecting business, corporate governance issues or liability concerns for entrepreneurs.

For this assignment, students are invited to analyze a current even relevant to the course material. The article, which can be sourced in a newspaper, business report, magazine, or authoritative website, must pertain to one or more topics covered in weeks 1 to 5 of the course:

1. Managing risk & Disputes
2. Contract formation & Content
3. Contract Termination & Enforcement
4. Torts

Students must:

1.Clearly and concisely summarize the article;

2.Identify, discuss and analyze the primary business law issues covered in the article, making links to all relevant secondary issues and concepts; and

3.Comment on the actions taken by the parties.

Students whose choice of issues demonstrates creativity and a deep understanding of the selected topic will score well. Written format, in a text not exceeding 3 pages (double-spaced, 12 point font)