Category: Business law

Analyzing Rights in a Secured Transaction

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Explain the best solution in the scenario and include comments related to any ethical issues that arise. You should locate at least one scholarly source from the SUO Library or one case that has been decided or is currently pending to support your answer.

Scenario 2 Secured Transactions

After receiving a promotion to logistics manager, Shantils husband, Ashton, purchased a 2017 BMW SUV for $68,000; however, he financed $48,000 through First Florida Banc. The bank took a security interest in the vehicle. Ashton was out of town for work when Shantil found out he had been having an affair. Shantil took a baseball bat and broke the windows and put dents in the BMW. Shantil then dropped the car off at the girlfriends apartment. Ashton was furious. After taking the car to a body shop for repairs, Ashton was unable to pay the bill due to the divorce, so he negotiated terms with the body shop; however, the shop retained possession of the vehicle. The repair shop claimed a lien on the car for services and materials in the amount of $21,250. Ashton stopped making payments to the bank while he was trying to save money to pay off the repair. First Florida Banc claimed priority.

Discuss the rights of each party and determine which party is in the best position to prevail.

 

The Liability of Porter Cable in Corporate Credit Card Use: An Ethical Perspective

Posted on | by Kelvin

Explain the best solution in the scenario and include comments related to any ethical issues that arise. You should locate at least one scholarly source from the SUO Library or one case that has been decided or is currently pending to support your answer.

Scenario I Debtor Creditor

In partnership with American Express, Porter Cable requests that all employees at the rank of supervisor and above apply for a corporate credit card to be used for pay for travel, training and similar expenses. Ima Krimnel, the manager of the distribution center, was issued a corporate card and used it to take her husband to Hawaii for their 20th wedding anniversary.

If Krimnel does not pay the charges, is Porter Cable liable? Why or why not?

 

Discussion on Environmental Law: The Clean Air Act

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Prior to beginning work on this discussion forum, visit the United States Environmental Protection Agencys webpage. Use the website to find one environmental law that is relevant to your past, current, or future employer. Then address the following questions:

Describe the law and explain how it applies (or applied) to the business of the employer.
Explain how the employer legally complies with the statute or regulations.
Discuss if you believe that environmental regulations help or hinder business. Explain your position.

 

Discussion on Greenwashing: Legal Issues and Ethical Considerations

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Review The Federal Trade Commission video and website. Also review Chapter 5 of the textbook and other resources on greenwashing. This include article on A guide to greenwashing and how to spot, The FTC is expected to crack down on greenwashing, and webpage.

In the business sector, there is often a conflict between the interests of business organizations in maximizing profits and the publics interest in receiving complete, truthful, and non-misleading information about products that they purchase. A related area of concern is when products are heavily promoted as being environmentally friendly. This practice is known as greenwashing.

Your discussion should address the following questions:

Identify what legal issues are involved in using greenwashing tactics to market products. Explain how this practice is regulated.
Discuss from a business perspective, if the legal marketing of products as being green or friendly to the environment is an ethical practice. If so, what ethical theory would justify this type of marketing?
If you were a marketing executive, would you support the practice of greenwashing? Explain why or why not.

 

Differentiation and Management of Intellectual Property: Trademarks, Copyrights, and Patents

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Write a paper (1,250-1,500 words) in which you discuss the differentiation of intellectual property in trademarks, copyrights, and patents, and address the management of trademarks, copyrights, and patents. Include the following in your paper:

A discussion of the defining characteristics of trademarks, copyrights, and patents. Why do trademarks, copyrights, and patents exist? Why has the value of trademarks, copyrights, and patents increased throughout the evolution of modern business?
A discussion of how business leaders can best manage trademarks, copyrights, and patents. Why do trademarks, copyrights, and patents exist? How might the management of trademarks, copyrights, and patents influence the sustainability of a business?
A discussion of how to communicate intellectual property ownership policy to both remote and on-site employees.
A discussion of when to engage legal counsel with regard to the management of trademarks, copyrights, and patent

 

The Impact of the Wells Fargo Scandal on Financial Regulations

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Watch these short videos for an introduction to financial and consumer regulations.
Financial Regulations https://youtu.be/3EtMibkWvXE
Consumer Regulations and Community Development https://youtu.be/YSJ7aRuhaoU
Research a recent business case or incident in which a financial or consumer breach/crime occurred; you might look on the Internet or daily news. You might even find a case on the television news! Please be sure to cite your source in APA format.
In your original post, answer the following:
Describe the financial or consumer breach/crime that occurred.
Confirm and explain the breach/crime that was committed.
What could the company have done to minimize their exposure to such a crime?
Confirm the outcome of the case.
If the case has not been decided, tell us what you think will happen and why.
What sort of punishment or compensation is there or should there be?

Business law and tort law

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As you are finishing up the course, reflect on your experience. Discuss business law and tort law

What topic did you find the most interesting and why?
How have your ideas and perceptions changed about business law and its scope?
How will you use the information you learned in this course in your personal and professional life?

Written contracts

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One of the reasons that the statute of frauds requires that certain contracts be in writing is because proof of the contract (and the terms within) is easier than if the contract is verbal, but written contracts are sometimes several pages long and contain legal terms that may mean something that most of us do not understand. If you were entering into a contract, would you rather have a written contract that was several pages long and that you might have to spend some time reading to understand or a verbal contract that you and the other party have discussed and that you understand from that discussion? Why? Would the content of the contract make a difference? Your journal entry must be at least 200 words in length. No references or citations are necessary.