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Type of paper: Essay
Subject area: Law
Academic level: High school, College, Bachelor
Style: MLA
Size: 45.5 kB
Word count:
2100 words/8 pages
Mark awarded:  
Author: Shaunta Hubbard
Date submitted: 2008-11-22 01:24:03
Rating/Votes count:
5.00 / 2
 
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Tags: research, home, business, economic, law, operations, clinic, housing, payment, executives, carver, ISBN, Nancy, Robb, Stuart, Michael Beer Nancy Katz Human Resource Planning
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BUSINESS LAW
Introduction .
This essay is based on an article by Dan Frosch .The article is about
one of the toughest fraud cases in the history of Colorado . This essay
tries to focus on the following issues : inform some one who has not
taken a business class on business law , use the article to outline the
legal issues that corporate world , try and predict if the situation
will lead to a litigation or not . The paper will further attempt to
capture the good and bad issues that could a raise if such a law is
passed , and finally look at the effects of such corruption on small
scale and large scale businesses (Emerson , Robert .2004 .p31 )
For starters in order to clearly understand all about business law we
will start by defining the key terms in business law and other terms
that have been used in the article that we are going to use (Emerson ,
Robert .2004 .p31 )
Business could be takes to illustrate any movement that involves
exchange of goods or services for cash . Law is all the systems
recognized by authority or institution for governing the behaviour of a
nation or different stakeholder 's example business . Therefore business
law could be taken to be laws that relate to business entities and this
could include partnerships and corporations (Emerson , Robert .2004 .p31 )
Business ethics on the other hand are values or morality that govern
people in any business setting , example certain social accountability
within a business . Any business law tries to focus on the following
issues employees contracts their medical insurance and
benefits ,advertising ,recruitment ,marketing reimbursement laws for
personnel , least amount earnings law , taxation among other
things (Marsh .S .B .2002 .p12-14 )
Fraud is a trickery made for selfish gain . This is an offense and a
social regulation abuse . Example according to the article the citizens
of Colorado and more so the business community is trying to evaluate a
planned election measure that would truly break down company fraud .
According to the article the law could make executives criminally
accountable for fraud at the businesses they ran . It would also allow
any occupant to take legal action against any executive in such
situations (Robb Stuart , 2002 .p11 )
Insider trading is the trading of a company 's stock or other securities
example bonds by someone working with that specific company or a staff
with over ten percent of the company 's shares . Insider trading could be
lawful and also at times could be unlawful . Such trading is understood
to increase the rate of the investment for securities issuers , hence
declining in general economic growth . The final key term that will going
to look at here is litigation , this could be , to take a claim or
disagreement to a court or to challenge a allege before the court (Robb
Stuart , 2002 .p 24-27 )
Legal issues that araise from the article .
I 'm not so certain regarding the proposal but I am sure that we must...

 

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