...permanent laws of the United States. It does not include regulations issued by executive branch agencies, decisions of federal courts, treaties, or laws enacted by state or local governments. New laws are assigned a public law number and included in the next edition of the United States Statutes at Large. You can also find new laws enacted by the current Congress before they are part of the United States Statutes at Large. Get Involved and Learn More Research Federal Laws Find Bills Introduced in Congress Learn How a Bill Becomes a Law Contact Your Elected Officials Learn How Federal Courts Influence Laws Back to Top Federal Regulations Regulations are issued by federal agencies, boards, or commissions. They explain how the agency intends to carry out a law. The Rulemaking Process Federal regulations are created through a process known as rulemaking. By law, federal agencies must consult the public when creating, modifying, or deleting rules in the Code of Federal Regulations. This is an annual publication that lists the official and complete text of federal agency regulations. Once an agency decides that a regulation needs to be added, changed, or deleted, it typically publishes a proposed rule in the Federal Register to ask the public for comments. After the agency considers public feedback and makes changes where appropriate, it then publishes a final rule in the Federal Register with a specific date for when the rule will become effective and enforceable. When the...
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...and cause a breach. (Cheeseman, 2016, Chapter 28). d. The Business Judgement Rule: Directors and officers of Fitzgerald Foods Corporation, under the business judgement rule are resistant from obligation to the corporation for misfortunes caused in corporate exchanges inside their power, if the transactions are following common decency and with sensible ability and reasonability ("Legal Dictionary ", n.d.). e. Duty of Loyalty: An obligation that employees of Fitzgerald foods such as directors and officers have not to act unfavorably to the interests of the company (Fitzgerald Foods), not to act in self-serving interests, directors and officers to lower their own advantages to those of the organization and its investors. (Cheeseman, 2016, Chapter...
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...Roles of State & Federal Governments in Employment Regulation Angela McIntosh Sullivan University Employment Law HRL404 Abstract This paper will provide an overview of the State and Federal regulations in employment and discuss relevant employment regulations. The findings will explain on how in today work environments that the business climate of companies seem to subject to a wide variety of laws and regulations. With these components in dealing with the regulated in benefits for employees that has become a particularly crucial issue in the past several years. State and Federal regulations play a large role in how a company treats its employees while at work. These laws ensure that those workers that report in dealing with the wrong doing of their employees are not discriminated. In concluding the State and Federal government have made sure that protection to the interest of the workers to carrying out their duties in a prudent manner and refrain from conflict of interest transactions specifically prohibited by law. The enforcement of the federal and the state minimum wage law to be enforced in the working field. The Federal Government has set up specific laws that apply to the regulation of unions and allows workers to join unions. The National Labor Relations Act allows the workers the option of joining an association. The government established the National Labor Relations Board...
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...Creating an Effective Code of Ethics for Widget Tech Inc. 11/23/2009 David G. Montague | Summary Widget Tech Inc. is in need of update the company’s current code of ethics due to growth of the company and the changing workforce. Research has been conducted to revise the current policy and address topics that were previously overlooked. Widget Tech Inc. is a company that stresses both corporate and personal integrity. We not only comply with laws and applicable regulations; but we also strive to conduct our affairs according to the highest ethical standards. Employees are expected to be honest and forthright in dealings with managers, subordinates and with one another, as well as with clients, suppliers, government agencies and their employees, business partners and the general public. Widget Tech employees must maintain the highest level of personal integrity and encourage it in others; they must not lie, cheat, steal or do anything that would bring dishonor upon themselves or the company (SRA International, Inc. 2009). Review of Widget Tech Inc. Code of Ethics Table of Contents Summary……………………………………………………………………………………..………..2 Introduction……………………………………………………………………………….………..…3 How to Create a Code of Ethics………………………………………………..……....…3 Components of a Code of Ethics……………………………………………….……………4 Conclusion………………………………………………………………………………………….....5 Recommendation……………………………………………………….…………….…………….5 Sources………………………………………………………….………………….…………………….6 Introduction ...
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...invention and the market it created change the literal face of this nation, it created hundreds of new markets and industrial opportunities for a rapidly growing country (U.S. Department of Transportation). In the driver’s seat of this revolutionary new world was Henry Ford and Detroit; also known as the motor city. The landscape of the auto industry has seen significant changes over the century, be it mergers, new players, buy outs, labor disputes, federal loans, federal regulations, economic booms, and economic disasters. The industry and its ever changing climate has been endured and survived by 3 major American companies, a handful of companies originating in Japan, and a few higher-end manufactures in Europe. The industry has seen its fair share of changes over the decades, mostly consumer driven, but not limited to. The highway system and most of the safety innovations we have seen over the century have been direct results of the automobile industry (FEDERAL MOTOR VEHICLE SAFETY STANDARDS AND REGULATIONS U.S., 2011). The automobile industry today is much the same, with companies competing to provide consumers with the lasts in driving technology. One of the biggest variables throughout history has been the ever climbing cost of fuel. The growing concern for eco-friendly vehicles and fuel has created a new section of consumers within the automobile realm. The high economic and political hurdles involved in developing a new company within the auto arena make the possibility...
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...Finance for Business University of Phoenix May 7, 2011 Joe Brennan Ethics and Compliance Even though there are federal rules and regulations governing work place behavior, what if there were no boundaries for ethics and compliance, would Amazon continue to follow the same procedures set by the federal laws to ensure ethical behavior within the work place. How does Amazon differ from other organizations when it comes to ethical behavior? One way is because Amazon adheres to a strict conflict of interest policy regarding customers, employees, and Amazon follows strict policies on record keeping and financial integrity. Team C will depict Amazon’s policy and procedures for ethical and SEC compliance, explain the function of monetary markets in the United States, and assess Amazon’s monetary performance for the previous two years by means of financial ratios. Team C will explain Amazon’s financial health in reference to the debt, return of equity, and daily receivable ratios. As part of their code of business conduct and ethics policies, Amazon established basic guiding principles to help steer their employees to do what is ethically and morally right to reassure their investors that they are doing what is right for the investors and the public. Of course Amazon must be in compliance with the governing (a) laws, (b) rules and (c) regulations set forth by local and federal governments. Amazon also adheres to a strict conflict of interest policy that outlines what employees...
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...Congress grants agencies the ability to create regulations to promote and carry out public policy (Fremgen, 2012). A critical health care regulatory issue in today’s world is The Privacy and Security Rule. The Privacy Rule, 45 CFR (Code of Federal Regulations) Part 160 and Subparts A and E of Part 164 govern the privacy of individually identifiable health information and the security of electronic individually identifiable health information. CFR 45 Part 160 is otherwise known as the Health Insurance Portability and Accountability Act (HIPAA) (U.S. Department of Health and Human Services, 2012). HIPAA enacted in 1996, outlines the conditions protected health information (PHI) may be used or released by covered entities or individuals. The Office for Civil Rights (OCR) of the Department of Health and Human Services (HHS) enforces the HIPAA Privacy Rule. The Privacy Rule, modified in 2002 and 2003, set standards for protecting the integrity and confidentiality of PHIs covered entities must follow. Medical organizations and their employees have a legal and ethical responsibility to protect patients’ medical privacy at all times. Health care facilities and employees who fail to implement effective privacy rules and regulations are subject to fines, accreditation problems, and possible suits from affected individuals. Facilities and government agencies are liable to HHS for fines but also the cost of creating and adhering to a corrective plan of action that includes reassessing...
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...Question: Causes of poor Industrial Relation’s in BD a) Question: Political Interference may be creating bad IR practices? Answer: Political interferences are one of the causes of poor industrial relations. If there are any political influences then political aim will take over the industrial aim. If people are involved in politics then they will be more interested in politics and they will do work with less labor and try to earn compensation without working. Because then they will think that they have good relation with politicians and have shelter with political persons. Trade Unions did not bother the management then strike, lock out will be regular phenomena. For this unstable situation productivity will be hampered. Lastly by interferences of policies only CBA person benefited but ultimately labors become looser. We know productivity is directly involved with economy, if productivity less it will be create a great impact of our whole economy. If productivity will grow automatically economy of the country will be grow and if productivity will less automatically economy of the country will be less. For a good atmosphere of industrial relation need to a standard compensation and benefits, salary timely, recreation, leave for employees then they will actively. But if involve politics in industrial atmosphere then all things or all system will be destroy. There will be creating class conflict and dissatisfaction. Then all industry will be affected and destroy. b) Question:...
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...This is because such bodies come up with rules and regulations that govern the use of technology. Regulations ensure the users of these systems are taken into considerations. Also, these standards align with the safety of system users. The contractors should use systems are safe, and they are comfortable with. Governments should have oversight authorities that ensure that while these bodies are creating standards they have the interests of the people in mind. Standards such as performance and design are critical. It provides the consumers with information when they want to acquire certain equipment. The prescriptive specification such as type, thickness, and dimension are crucial for system users (Ninkovich, Christensen, & Cameron, 2016). The consumer issues should be considered when developing system because it directly affects...
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...LAWS 310 - WEEK 7: YOU DECIDE Summary…………………………………………………………………..………..3 Introduction……………………….…………………………………….………..…3 How to Create a Code of Ethics………………………………………….....…....…4 Components of a Code of Ethics…………………………………… .……………4 Conclusion…………………………………………………..…………………….....6 Sources…………………………………………………...…….…………………….7 Summary Widget Tech Inc. is in need of update the company’s current code of ethics due to growth of the company and the changing workforce. Research has been conducted to revise the current LAWS 310 - WEEK 7: YOU DECIDE policy and address topics that were previously overlooked. Widget Tech Inc. is a company that stresses both corporate and personal integrity. We not only comply with laws and applicable regulations; but we also strive to conduct our affairs according to the highest ethical standards. Employees are expected to be honest and forthright in dealings with managers, subordinates and with one another, as well as with clients, suppliers, government agencies and their employees, business partners and the general public. Widget Tech employees must maintain the highest level of personal integrity and encourage it in others; they must not lie, cheat, steal or do anything that would bring dishonor upon themselves or the company (SRA International, Inc. 2009). Introduction As Widget Tech Inc. expands it is important that company policies are reviewed and updated. Research was conducted into today’s business ethics, values and conduct;...
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...Role and Functions of Law Travis Martin LAW/421 Bernice Jenkins Role and Functions of Law The successful operation of business and society depends heavy heavily upon the function and role of law. Regulating behavior in respect to the general society is the primary purpose of law. Law establishes a protection of guidelines for mankind, animals, and the environment regarding safety issues and concerns. The term “law” has a variety of meanings for defining and describing it throughout history. However, a general acceptable definition of law is a body of rules for the action, conduct, or behavior prescribed by a controlling power of authority with legal binding force (Black’s Law Dictionary, 2013). Law can also take the form of a written code arranged and prescribed by an elected legislative body of judicial decisions, and actions of government agencies. In American law, the current state of law concern itself with common characteristics that create duties, obligations, and rights reflecting acceptable views of a given society (Melvin, 2011). The following contents of this paper cover the functions and role of law in business and society. It also discusses the functions and role of business law in the automotive industry. It is important to indicate that originally, law dealt with the concern of problems and issues regarding ownership of property. Today’s modern legal doctrines deal with complex system of principles and protections for law that provides mechanisms...
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...the United States Department of Labor law, by no having a realist and up-to-date plan of standardized operational procedures (SOP), in compliance with the rules and regulations previously stablished by the department of Occupational Safety and Health Administration (OSHA). This lack of on the job safety regulations, is creating a hazardous environment for all employees and definitely, questionable products due to the lack of a healthy environment, at all levels of production. This current atmosphere is also creating grounds for a possible lawsuit against the company, due to the high possibility of having preventable accidents and OSHA monetary fines, due to health and safety violations. It is empirical for Doohickeys U need to review and update the current SOP and follow an adaptable plan to train all employees according to the company’s necessities and preventions. Solution #1 It is...
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...Health Care Congress grants agencies the ability to create regulations to promote and carry out public policy (Fremgen, 2012). A critical health care regulatory issue in today’s world is The Privacy and Security Rule. The Privacy Rule, 45 CFR (Code of Federal Regulations) Part 160 and Subparts A and E of Part 164 govern the privacy of individually identifiable health information and the security of electronic individually identifiable health information. CFR 45 Part 160 is otherwise known as the Health Insurance Portability and Accountability Act (HIPAA) (U.S. Department of Health and Human Services, 2012). HIPAA enacted in 1996, outlines the conditions protected health information (PHI) may be used or released by covered entities or individuals. The Office for Civil Rights (OCR) of the Department of Health and Human Services (HHS) enforces the HIPAA Privacy Rule. The Privacy Rule, modified in 2002 and 2003, set standards for protecting the integrity and confidentiality of PHIs covered entities must follow. Medical organizations and their employees have a legal and ethical responsibility to protect patients’ medical privacy at all times. Health care facilities and employees who fail to implement effective privacy rules and regulations are subject to fines, accreditation problems, and possible suits from affected individuals. Facilities and government agencies are liable to HHS for fines but also the cost of creating and adhering to a corrective plan of action that includes reassessing...
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...opposite of a collaborative partnership due to the objectives of the organization and government being opposite, creating an adversarial relationship between them. In the case of JP Morgan and the federal government, they demonstrate working at arm’s length. The federal government imposed regulations that would extend government oversight in the trading of derivatives by implementing government rules that required trades involve intermediaries in public “clearing houses” so that regulators could closely inspect transaction (Lawrence, A. T., & Weber, J., 2014). JPMorgan opposed the idea of trading derivatives in public because it would potentially benefit rivals and compromise the profit of the bank (Lawrence, A. T., & Weber, J., 2014). The objectives of the federal government and JPMorgan do not align. The federal government wants to implement regulations that would work to restructure JPMorgan from being able to take excessive risks that would result in large bailouts being forced onto taxpayers who are already being affected by a destabilized economy. Despite the opposing objectives of JPMorgan, the Dodd Frank Act was implemented as a regulatory financial reform that would make bank’s take accountability by absorbing the losses. (Lawrence, A. T., & Weber, J., 2014). Core values are found in the federal governments actions to enforce regulations so that banks could no longer place big...
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...business. In order to adhere to their mission, the Company has developed a Code of Business Conduct and Ethics that insures the company will conduct its business with the highest integrity. Ruby Tuesday, Inc. holds all of its employees to this mission of solid business principals. That comply with applicable laws, rules and regulations; and be loyal with high ethical standards. Compliance with laws, rules and regulations is to me the first area of importance in any code of business conduct. Adhering to laws, rules, and regulations includes preventing; harassment, discrimination, improper payments and environmental compliance. Harassment and discrimination of any kind is unacceptable. Improper payments in any form is prohibited and in following this code they are complying with the “Foreign Corrupt Practices Act (Code).” Environmental compliance is eliminating hazards from the workplace that creates a safe and healthy work environment. When companies are adhering to the laws they are preventing themselves from lawsuits, fines and any negative publicity towards their company. Conflicts of Interest is important because this entails business courtesies. Complying with this rule insures that the employee’s private interest doesn’t interfere with the interest of the company and that business courtesies are handled by the proper channels so that the integrity of the business is upheld. Financial and Accounting Integrity is also an important aspect in a company’s code of conduct. Ruby...
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