International Legal and Ethical Issues LAW/421 December 18,2012 International Legal and Ethical Issues Our society is involved in a global economy that deals with many countries, cultures, business ethics, monetary differences, and government policies. International transactions are made daily through legal channels that are set up to provide a smooth transition between entities. Provisions of legal guidelines assist in providing the parties parameters of acceptable and unacceptable behavior
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heart valves, medial stents, and custom plastic parts (Virtual Organization, 2009). This compliance plan will state the company's legal responsibilities and regulations necessary to continue earning a profit. The plan will address the laws affecting the plastic industry and guidelines to ensure management and employees understand and obey the laws. The focus of the compliance plan will be on managing the legal liabilities of Riordan officers and directors. Riordan Manufacturing was started and founded
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Law 531/ Business Law Legal Forms of Business As an entrepreneur one of the most important decision to make, when starting a business is the legal form of the business. In making this decision many factors are taken into consideration, such as financial resource for business, government rules and regulation, and personal liability. In this paper a discussion regarding the different forms of business including scenarios of these form and explanation on why this corresponding business form is preferred
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(Melvin, 2011) Each company must understand the international trade regulations, mandates and laws; in addition to the cultural nature of their international business partner. Continuous legal and business discovery will allow for intentional neutrality in both good and threatening situations. The ultimate repercussion of taking legal action can result in the foreign partner banning the other party from carrying out future business within their country. When a company enters in to sublicensing agreements
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Tax Law and Accounting Craig ACC 483 June 21, 2010 Jeff Hough Modern taxation comes from a long history of changes in the United States beginning with the Revenue Act of 1861 that was designed to assist with funding the Civil War. This tax was repealed 10 years later. “In 1894 Congress enacted a flat rate federal income tax, which was ruled unconstitutional the following year by the U.S. Supreme Court because it was a direct tax not apportioned according to the population of each state”
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GM520 Professor: ABCD Introduction A corporation is a legal entity that is created under the laws of a state designed to establish the entity as a separate legal entity having its own privileges and liabilities distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter (i.e. by an ad hoc act passed by a parliament or legislature). Most jurisdictions now allow the creation of
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a proper business environment and promote ethical conduct. Policy: All staff should conduct business in an ethical manner. No employee should engage in any activity construed as direct competition to the company or accepting financial gain through that activity. Any relationship with other business entities must be within the law and regulations. Procedure: 1. The governing board is committed to conducting its business honestly, ethically and in compliance with applicable laws and regulations
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Analysis and Comparison of GLBA and HIPAA 1. Which US government agency acts as the legal enforcement entity for businesses and organizations involved in commerce? The Federal Trade Commission. 2. Which US government agency acts as the legal enforcement entity regarding HIPPA compliance and HIPPA violations? Office of Civil Rights(OCR) under the Department of Health and Human Services 3. List three (3) similarities between GLBA and HIPAA. 1. Safeguards Rules to protect customer
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Cited………………………………………………………………………………………………………..12 Introduction An ongoing topic for debate is how to create, implement, and enforce regulations for information services, more specifically…the internet. The Federal Communication Commission (FCC) is the Government appointed regulating body that would be responsible for completing the aforementioned task. The reason there is virtually no regulation of the internet is because there is virtually no legislation concerning the service. However, there is legislation acknowledging
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Business Ownership Name: ACC/561 August 6, 2012 Instructor: Business Ownership The biggest decision an individual can face is with when starting a business is selecting the type of business he has interest in. Will his business be a sole proprietorship, a partnership, corporation, or limited liability
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