there is no need for any more government regulation. Securities Acts of 1933 and 1934 The Securities Acts of 1933 and 1934 ensure that companies are not misleading in their financial statements that investors base their opinions on. If an investor sees any financial statement to a company, and believes they are in good shape and that they should invest in that company, the company is held liable for any loss the incur. The Securities Act of 1933 requires that before selling securities publicly, a company
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Business Law One source of American law is Administrative law, which: • consists of rules, orders and decisions of administrative agencies • Now affects almost every aspect of a business’s operations • Is both state and federal Regarding case law, which is one source of American law, which of the following is NOT true? Case law is: • Based on a particular case decided in 1787 One particular uniform law which promotes commerce was first issued in 1952, and has been adopted by all fifty states
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interest that follow: Board Members will: Act in the best interests of, and fulfill their fiduciary obligations to, all McDonald’s shareholders; Act honestly, fairly, ethically and with integrity; Conduct themselves in a professional, courteous and respectful manner; Comply with all applicable laws, rules and regulations; Act in good faith, responsibly, with due care, competence and diligence, without allowing their independent judgment to be subordinated; Act in a manner to enhance and maintain the
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The Risks of Doing Business in China Despite recent measures to curb corruption, foreign investors doing business in China must remain vigilant. Tuesday, June 04, 2013 , By Jim Barratt and Jimmy Ko China's economy is the second-largest in the world and continues to grow at an astonishing rate. Just recently, in fact, the Asian Development Bank forecasted that China's economy will grow by 8.2% this year. However, while economic growth brings business opportunities to all investors, continued widespread
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What was the process by which Naga secured exclusivity in Phnom Penh? (i) Can exclusivity be secured in other markets in the Kingdom? (j) Can a gaming license be held by foreign national? Foreign company? Local company? Cambodian citizen? (k) Is real estate ownership limited to Cambodian citizens? Can a foreign owned company own real estate in fee simple? (l) What is the governing law in the Kingdom of Cambodia? French public law? English common law? Something else? (m) What
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Learning about the new cultures is not the only dilemma at hand. One main concern is dealing with payoffs and bribes. This kind of ethical issue can cause serious problems. Because of the frequency of this issue the US congress passed the Foreign Corrupt Practice Act (or FCPA) in hopes of prohibiting the bribery involving US corporations. This brings up another money saving/ethical issue commonly known to globalization, loss of jobs from 1st world countries. It is true that sometimes products cost less to
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accounting and finance. Whether more or less regulations are put in place employees and companies need to make sure that the obey the regulations. Some of the regulations that have been put in place are the Securities Act of 1933 and 1934 and also the Foreign Corrupt Practices Act of 1977. Regulations I think that regulations need to be monitored and controlled better. I do not think that necessary more regulations need to be put in place. Just enacting more regulations does not do anything
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Strayer University IT Project Management Assessment Payton Ridley CIS 517 October 21, 2012 Morrow Campus Dr. 1. Summarizes how the project manager or team exhibited exceptional and ethical project management practices. Often, the project manager (PM) is faced with an issue that is not easily resolved by theory or the knowledge acquired from formal training. These types of problems are usually not of a technical nature and more often tend to be ethical or human resource issues (Stare
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Helen Valentine ACCT 3222 Sec. 01 October 18, 2011 The COSO Framework Due to questionable corporate political campaign finance practices and foreign corrupt practices in the mid -1970s, the U.S. Securities and Exchange Commission (SEC) and the U.S. Congress enacted campaign finance law reforms and the 1977 Foreign Corrupt Practices Act (FCPA) which criminalized transnational bribery and required companies to implement internal control programs. In response, the Treadway Commission, a private-sector
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around the world. It is important to consider environmental factors because they can possibly affect marketing both domestically and global. Factors can include cultural differences, demographics, physical infrastructure, social responsibility, trade practices, and economic interdependence. Global Economic interdependence: Interdependence can help a company’s understand relationships of mutual dependence between life forms and elements. Global economic interdependence is when economies of different companies
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