However, life changes. Things don't always work out that way as we thought. Many marriages turn out bad. That’s when you find out prenuptial agreements useful and beneficial, especially for those people, who have family business. It’s a wise choice to protect your family wealth. If a couple does not develop a prenuptial agreement before they get married, the state law and federal law (to some extent) will dictate which party owns the property acquired during marriage, which party is responsible for
Words: 546 - Pages: 3
is calculated to injure such insurer, or proposed insurer, or any person engaged or proposing to engage in any of the business of or with an insurer. B. Any person who violates this section shall be guilty of a misdemeanor and is subject to the penalties prescribed by Section 18 [59A-1-18 NMSA 1978] (general penalty) of the Insurance Code. History: Laws 1984, ch. 127, § 278. Statutes, Rules and Const. > NMSA (Unannotated) > CHAPTER 59A Insurance Code > ARTICLE 16 Trade
Words: 1201 - Pages: 5
Anyone can decide to start a business but there is much more to the process than just coming up with the initial capital. There are three main points to starting a business. The first one is to decide whether if it is in the best interest of the aspiring entrepreneur to start the business. The second is to choose every detail of how this business is going to run. The third is to find ways to maintain and improve the business efficiently. There is no shortcut to a successful business, but with this
Words: 1791 - Pages: 8
2010 Benny Van Calster – EMBA 2009-2011 AMS - Take Home Exam – Global Business Law & Ethics [GLOBAL BUSINESS LAW & ETHICS – PROF. DONALD MAYER] Take home exam for course of Global Business law & ethics. Based on teaching notes & B. Nelson book. Q1 of CVD CASE -> State why Karl Mann’s boss has provided advice that was ethically & strategically to be ignored … + Why is digging a shallow trench a poor choice? We have clearly seen in the course that the legal and ethical behavior of an organization
Words: 2726 - Pages: 11
Four IRAC Brief LAW/531 May 12, 2014 Learning Team ‘A’ Reflection: Week Four IRAC Brief The Michigan Court of Appeals heard a case that involved the legality of forcing employee’s “to pay union dues or fees just to keep their jobs, despite the fact they do not belong to the union nor sought the union's so-called representation” ("Workers Defend Free Choice For Workers Against Spurious Union Boss Legal Challenge", 2014). The court ruled in favor of Michigan’s Right to Work Law that states, employees
Words: 857 - Pages: 4
How do companies decide what price to charge for their sleek new gadgets? Why are some people willing to pay more for a product than others? How do your decisions play into how corporations price their products? The answer to all of these questions and many more is microeconomics. Read on to find out what microeconomics is and how it works. Tutorial: Microeconomics 101 What Is It? Microeconomics focuses on the role consumers and businesses play in the economy, with specific attention paid
Words: 1545 - Pages: 7
Market Research 3 Primary Research 3 Secondary Research 3 Quantitative 3 Qualitative 4 Qualitative research is about finding out not just what people think but why they think it. It’s about getting people to talk about their opinions so you can understand their motivations and feelings 4 PESTLE Analysis 4 Swot Analysis 5 Referencing 6
Words: 2619 - Pages: 11
When someone decides to use Shopify to sell their items, the items could be illegal with or without the awareness of the seller. If this happens, Shopify could potentially be found liable for providing a mechanism for the sale of illegal goods. The law pertaining to the legal risk: Marketing law can be applicable if sellers incorrectly advertising illegal items, whether intentional or not (Government of Canada, 2016c). All the sellers should comply with the conditions and warranties that “Sale of
Words: 755 - Pages: 4
Ethics in Business and Society Perfect wisdom has four parts: Wisdom, the principle of doing things aright. Justice, the principle of doing things equally in public and private. Fortitude, the principle of not fleeing danger, but meeting it. Temperance, the principle of subduing desires and living moderately. Plato (427?-347? B.C.E.) When I first decided to take the course titled Business and Society 4395, I had no idea of all the dimensions of ethics or how ethics is intertwine into
Words: 1232 - Pages: 5
Chapter 1 Introduction to Law and Legal Reasoning Answers to Questions in the Reviewing Feature AT THE END OF THE CHAPTER 1A. PARTIES The automobile manufacturers are the plaintiffs, and the state of California is the defendant. 2A. Remedy The plaintiffs are seeking an injunction, an equitable remedy, to prevent the state of California from enforcing its statute restricting carbon dioxide emissions. 3A. Source of law This case involves a law passed by the California legislature
Words: 2146 - Pages: 9
