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Please answer all parts of each of the following ten (10) questions completely with a specific and relevant response, by providing detailed information, reflective of
Please answer all parts of each of the following ten (10) questions completely with a specific and relevant response, by providing detailed information, reflective of your understanding. Reliance upon relevant examples and a display of insight are valued for this assignment which constitutes 20 pts of your course grade. Note 1: I have referenced the specific chapter(s) in the text that will assist you with your response. Note 2 : Reponses to Q 2,3 & 8, highlighted in yellow, are reflective of your knowledge of important ethical business concepts. 1) Laws come from a variety of sources, as described in the text. Name any three (3) listed therein, and provide specific examples how each of the 3 will have an impact on the operation of a business (Ch 1). 2) Law and morals/ ethics provide a vastly distinct sets of standards. At times, they reinforce one another, yet in other instances they offer diametrically disparate perspectives on the same issue. Identify a matter regarded as both lawful and moral, another that is lawful but not moral, and lastly one not lawful but moral (Ch 2). 3) Define corporate social responsibility (CSR) and provide any two arguments against and any two in favor of such responsibility undertaken by a corporation (Ch 2). 4) Describe several significant differences among the three (3) major processes for resolution of legal disputes: Judicial or courts, administrative hearings, and alternative dispute resolution (ADR) such as arbitration or mediation (Ch 3, 5) 5) An administrative agency combines all three functions of government (executive, legislative & judicial). In what way does this raise a potential issue of fairness under the constitutional principle of due process (Ch 5).6) Two important legal protections found within the US Constitution are equal protection and due process of law. For what types of specic legal rights does each provide protection? (Ch 4). 7) Criminal law and the law of torts are two vastly different areas of law. Explain several important differences between the two disciplines (Ch 6,7,8). 8) The implementation and maintenance of a corporate compliance program, has become a critical aspect of corporate governance. In fact, federal sentencing guidelines take cognizance of such initiatives in the mitigation and reduction of sentences for the criminal activities ascribed to corporations. What are several requisite elements of a viable corporate compliance program? (Ch 6; supplemental posting 8/31 on Blackboard). 9) Explain the difference between the judicial processes relied upon in a civil lawsuit vs. a criminal prosecution. Consider the parties, who represents each, the forums for resolution, the degree of proof required and the objective of each proceeding (Ch 3,6) 10) What are the differences between intentional torts, those based upon negligence and those that rely on a standard of strict liability? (Ch7,8)
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