Legal 500

In: Business and Management

Submitted By NNN1
Words 385
Pages 2
Leg 500 Exam
Question 1
The best example of a source for virtue ethics for a business Is
Correct Answer: | the corporate mission statement. |
Question 2
The Ethic of Care is
Correct Answer: | A set of principles that encourage decision makers to look at human relationships as a primary motivator for a decision. |
Question 3
According to Citizens United v. Federal Election Commission, which of the following is not a reason to allow corporations the right to spend money and advertise for political candidates?
Correct Answer: | The immense wealth of a corporation allows it to be the most accurate in providing messages to people. |
Question 4
Assuming a business ethical dilemma, which statement best illustrates Gilligan approach suggested in her theory of “The Ethics of Care”?
Correct Answer: | care and responsibility to others |
Question 5
All of the following are considered exceptions to the general rule that there is no duty to rescue except
Correct Answer: | Witnessing an accident – this creates a duty to step in and help the injured |
Question 6
The Sarbanes Oxley Act was passed in response to:
I. concerns that investors received full and complete information about potential corporate fraud
II. a lack of investor confidence
III. corporate scandals beginning with Enron
IV. discrimination against an employee when providing information she reasonably believes constitutes a violation of federal security laws
Correct Answer: | I and II |
Question 7
Under the legal doctrine of “employment at will” an employee can be lawfully terminated from her job for:
I. wearing a shirt that clashes with her suit
II. any non-discriminatory reason
III. complaining about illegal activity in the workplace
IV. only for good cause
Correct Answer: | c. I and II |…...

Similar Documents

Legal 500

...Corporate Governance and Ethical Responsibility Research Paper Essie Sullivan Dr. Cantrell Legal 500 Law, Ethics & Corporate Governance February 11, 2013 1. Determine at least three (3) different internal and external stakeholders that Dr. DoRight might have to deal with on a daily basis at the hospital. Hospital facilities are definitely significant in the well-being of patients and expertise of its medical staff personnel. However, Dr. DoRight has been hired as the President of the “Universal Human Care Hospital”, where he oversees all departments with over 5000 employees and over 20,000 patients at the medical facility. He has been given an enormous responsibility to ensure to its internal and external stakeholders that all departments function efficiently and patients’ care and health are essentials. Therefore, three internal stakeholders that Dr. DoRight might have to deal with on a daily basis are Board of Trustees (shareholders), Employees, and his Regional Director of Compliance Manager and Executive Committee. Retrieved February 10, 2012 from http://www.allfreepapers.com/Business/Corporate-Governance-Ethical-Responsibility/22558.html. Additionally, three external stakeholders that Dr. DoRight might have to deal with on a daily basis consist of Patients, Numerous Community Organizations--Corporations, Government, and Local Community/Society. Retrieved February 10, 2013 from http://www.chegg.com/homework-help/questions-and-answers/2-compare...

Words: 1685 - Pages: 7

Legal 500

... fulfilling legal obligations or for exercising their legal rights. Donna has every right to file for worker’s compensation due to her chronic bronchial problems. Her medical problems are probably a result of the mold around the air vents. Tom and Ayesha are exercising their legal rights to file a complaint with Occupational Safety & Health Administration (OSHA) and Equal Employment Opportunity Commission (EEOC). Tom feels the lab doesn’t have the proper air quality and complains to OSHA. This isn’t a valid reason to fire an individual. Although Allen feels Ayesha has the necessary management or people skills to be a good supervisor, this doesn’t give him the right to fire her because she filed an EEOC complaint. Allen is faced with a conflict of interest, but should choose the right thing to do. He should have reported the safety violations and exposed PharmaCARE’s wrongdoing. Although Allen immediately contacted the facility supervisor about the mold issue, he failed to do anything else after the fact. Allen should have followed up with the facility supervisor to find out what the findings were and what clean up or preventive steps could be taken. The safety and health of his employees should have been Allen’s main concern. PharmaCARE has a responsibility to create a safe and healthy working environment. Allen can promote ethical behavior by choosing the right thing to do. In today’s business environment, individuals can make the difference in ethical...

Words: 991 - Pages: 4

Legal 500 Assign. 1

...Law, Ethics, and Corporate Governance AnnMarie Seidler Dr. Charity Lanier Legal 500 October 30, 2013 As the Chief Operating Officer (COO) of a midsize company that is preparing for an Initial Public Offering (IPO), I discover several personnel problems that require my immediate attention. It is my duty to be familiar with the Employee-at-will Doctrine and any exceptions if any that may apply to the employees and my employer. While preparing to deal with our personnel problems I discover that my company does not have a Whistle Blower Policy in place and I will address this issue with my CEO. As we present our company to the public, we need to consider Corporate Social Responsibility (CSR), and how we impact our employees, our environment, our customers, retailers, wholesalers, (possible shareholders), from the very top to the very bottom. In order to be successful we must consider more than just the bottom line, the dollar. As I address each employee issue, I considered not only state and federal laws but also what if any long-term impacts my decision may have upon the entire company and community at large. The Employee-at-will is a legal doctrine “which gives employers broad discretion to fire employees for a good reason, a bad reason, or no reason at all.” Halbert & Ingulli, (2012).There are three major exceptions to the rule to help prevent wrongful termination but only two of them apply in the state where I reside of WV. The Public-policy exception and...

Words: 1682 - Pages: 7

Legal 500 Assignment 3

...Assignment 3: Legal and Ethical Considerations in Marketing, Product Safety, and Intellectual Property Major Dr. Lynn MacBeth Law and Ethics in the Business Environment September 8, 2013 Ethical issues related to marketing and advertising, intellectual property, and regulation of product safety. “Advertising ministers to the spiritual side of trade…it is a great power…part of the greater work of the regeneration and redemption of mankind” (Halbert, 2012). This is a very powerful statement and is completely true as the only way to get ahead in this world as it pertains to business is to be able to advertise and market one’s products efficiently, effectively, and ethically. One ethical issue related to marketing would be the whole idea of false advertising that is present by companies that market and advertise their products. This is an ethical issue because false advertising is misleading to consumers. Consumers trust certain companies and the products they put into the marketplace. An ethical issue that relates to intellectual property would be one that is present amongst many educational institutions all over the world, which would be plagiarism. Plagiarism is the use of someone else’s work as your own without giving proper allocation and praise to the original author. Copyright infringement would be another ethical issue that deals with the stealing of the original authors of works of art, music, and other original masterpieces. There are two...

Words: 1636 - Pages: 7

Legal 500 Final Exam 2

... Answer: one-third . Question 9 .4 out of 4 points Correct The “creative revolution” in advertising refers to Answer Selected Answer: The move from showing what a product can do to making the product a status symbol Correct Answer: The move from showing what a product can do to making the product a status symbol . Question 10 .4 out of 4 points Correct Of product promotion techniques, which is the most influential according to author Naomi Klein? Answer Selected Answer: Branding Correct Answer: Branding . Question 11 .4 out of 4 points Correct According to John Kenneth Galbraith, the theory of consumer demand is based on the following broad assumption(s): I. Socialism will work in all societies because consumers are willing to share their wealth. II. The urgency of wants does not diminish as more of them are satisfied. III. Wants originate in the personality of the consumer. Answer Selected Answer: II and III Correct Answer: II and III . Question 12 .4 out of 4 points Correct Identify the true statement(s) regarding freedom of speech: I. It was not until the 1840s that legal doctrines protecting speech when offensive began to be recognized by the courts. II. In the First National Bank v. Bellotti case, the Supreme Court struck down a state law prohibiting a corporation to advertise to influence voters on issues that did not “materially affect” its......

Words: 1369 - Pages: 6

Legal 500 Assignment 1

...Week 3 Assignment 1: Whistleblowing and Sarbanes-Oxley Shirmere N. Gardner Dr. Susan Gerber LEG 500: Law, Ethics & Corporate Governance January 25, 2015 Abstract This text will examine the key characteristics of a whistleblower, as well as the details surrounding the JPMorgan whistleblowing event. The extent to which whistleblowers are protected under the Sarbanes-Oxley Act (SOX) will also be elaborated. Key Characteristics of a Whistleblower Whistleblowers are individuals who choose to report unethical and illegal activities. Some may work for various organizations such as non-profits and government agencies. Whistleblowing empowers employees to adhere to ethical principles and speak up for things taking place that are unethical, which may affect consumers, citizens or other employees. Such information may be disclosed to company officials, government authorities, and the media. Some of the key characteristics of a whistleblower are that they are altruistically motivated, utilitarian, uninterested in altering their behavior and they allow their own attitudes and beliefs to guide them. Most whistleblowers are often well-educated and hold professional positions (Wines, 2005). JP Morgan Whistleblower According to a Reuters article a JPMorgan whistleblower was compensated $63.9 million in a mortgage fraud deal. “Keith Edwards, a Louisiana resident, had worked for JP Morgan or its predecessors from 2003 to 2008, and had been...

Words: 778 - Pages: 4

Legal 500

...RUNNING HEAD: Ethics and Corporate Responsibility in the Workplace and the World Ethics and corporate Responsibility in the Workplace and the World Legal 500 Professor Assignment 3 Key Characteristics of Stakeholder There are different type of stakeholders, primary stakeholder, secondary stakeholder and key stakeholder. Stakeholders can be groups, organizations, and or individuals who have interest in an organization project outcome. Stakeholders can include those that may have strong interest in an effort for political, academic and philosophical reasons, even if their associates, family, friends, and they, may not be directly affected by the outcome. Some stakeholders may influence decision(s) that could change the outcome of an organization project, and some stakeholder’s interest may be critical to the success of a project. Stakeholder’s interest can be many. Some of the areas of more common interest are: * Physical Health - free or reduce medical facilities and care for low-income people. * Mental health – community mental health centers for support to those with mental health and their families as well as the community. * Safety and Security – better policing in high crime neighborhoods to improve safety for a community as a whole or specific population. * Economics – zoning regulations or employment training program for low- income people. * Environment – conservation, attention to climate change and any other environmental factor that...

Words: 1736 - Pages: 7

Leg 500 Assignment 4: Legal and Ethical Considerations in Marketing, Product Safety, and Intellectual Property

...LEG 500 Assignment 4: Legal and Ethical Considerations in Marketing, Product Safety, and Intellectual Property https://homeworklance.com/downloads/leg-500-assignment-4-legal-and-ethical-considerations-in-marketing-product-safety-and-intellectual-property/ Due Week 9 and worth 300 points You are a new associate at the law firm of Dewey, Chetum, and Howe. John, a former researcher at PharmaCARE, comes to your office. He has concerns about PharmaCARE’s use of AD23, one of the company’s top-selling diabetes drugs. Two (2) years ago, after PharmaCARE’s research indicated that AD23 might also slow the progression of Alzheimer’s disease, John and his team of pharmacists began reformulating the drug to maximize that effect. In order to avoid the Food and Drug Administration’s (FDA) scrutiny, PharmaCARE established a wholly-owned subsidiary, CompCARE, to operate as a compounding pharmacy to sell the new formulation to individuals on a prescription basis. CompCARE established itself in a suburban office park near its parent’s headquarters. To conserve money and time, CompCARE did a quick, low-cost renovation. CompCARE benefited from PharmaCARE’s reputation, databases, networks, and sales and marketing expertise, and within six (6) months had the medical community buzzing about AD23. Demand soared, particularly among Medicare, Medicaid, and Veterans Affairs patients. Seeing the opportunity to realize even more profit, CompCARE began advertising AD23 directly to consumers and...

Words: 852 - Pages: 4

Leg 500 Assignment 4 Legal and Ethical Considerations in Marketing, Product Safety and Intellectual Property

...LEG 500 Assignment 4 Legal and Ethical Considerations in Marketing, Product Safety And Intellectual Property https://hwguiders.com/downloads/leg-500-assignment-4-legal-and-ethical-considerations-in-marketing-product-safety-and-intellectual-property/ LEG 500 Assignment 4 Legal and Ethical Considerations in Marketing, Product Safety And Intellectual Property You are a new associate at the law firm of Dewey, Chetum, and Howe. John, a former researcher at PharmaCARE, comes to your office. He has concerns about PharmaCARE’s use of AD23, one of the company’s top-selling diabetes drugs. Two (2) years ago, after PharmaCARE’s research indicated that AD23 might also slow the progression of Alzheimer’s disease, John and his team of pharmacists began reformulating the drug to maximize that effect. In order to avoid the Food and Drug Administration’s (FDA) scrutiny, PharmaCARE established a wholly-owned subsidiary, CompCARE, to operate as a compounding pharmacy to sell the new formulation to individuals on a prescription basis. CompCARE established itself in a suburban office park near its parent’s headquarters. To conserve money and time, CompCARE did a quick, low-cost renovation. CompCARE benefited from PharmaCARE’s reputation, databases, networks, and sales and marketing expertise, and within six (6) months had the medical community buzzing about AD23. Demand soared, particularly among Medicare, Medicaid, and Veterans Affairs patients. Seeing the opportunity to realize...

Words: 860 - Pages: 4

Leg 500 Assignment 4 Legal and Ethical Considerations

...LEG 500 ASSIGNMENT 4 LEGAL AND ETHICAL CONSIDERATIONS To purchase this visit here: http://www.activitymode.com/product/leg-500-assignment-4-legal-and-ethical-considerations/ Contact us at: SUPPORT@ACTIVITYMODE.COM LEG 500 ASSIGNMENT 4 LEGAL AND ETHICAL CONSIDERATIONS LEG 500 Assignment 4 - Legal and Ethical Considerations in Marketing, Product Safety, and Intellectual Property Write a ten to twelve (10-12) page paper in which you: 1. Research three to five (3-5) ethical issues relating to marketing and advertising, intellectual property, and regulation of product safety. 2. Argue for or against Direct-to-Consumer (DTC) marketing by drug companies. 3. Determine who regulates compounding pharmacies under the current regulatory scheme, what the Food and Drug Administration (FDA) could / should have done in this scenario, and whether the FDA should be granted more power over compounding pharmacies. 4. Decide whether PharmaCARE’s use of Colberian intellectual property would be ethical in accordance with: a. Utilitarianism b. Deontology c. Virtue ethics d. Ethics of care e. Your own moral / ethical compass 5. Analyze the way PharmaCARE uses U.S. law to protect its own intellectual property while co-opting intellectual property in Colberia. 6. Suggest at least three (3) ways the company could compensate the people and nation of Colberia for the use of its intellectual property and the damage to its environment. More Details hidden... Activity mode aims...

Words: 507 - Pages: 3

Legal 500- Assignment 1

... provided to the customers were matching with the documents they signed. In fact, many businesses use customer surveys rather than electronic surveillance or eavesdropping to evaluate the honesty of their salespersons. 4- Describe who is covered by the Family and Medical Leave Act (FMLA) of 1993. Federal and state laws provide for protection against invasion of privacy by employers. Most states recognize an employee’s "right to privacy" which the employer may not invade (Justia, 2011). Courts have created a standard law that allows the employee to take legal action against the employer for invasion of privacy. Employees have privacy rights from employer’s intrusion into his work space such as, employee has the right to be left alone, and there should be no irrational intrusion into his particular space. This right can conflict with searches and monitoring activities. Employers should not be discussing or unreasonable publicizing employee’s private life or affairs, or revelation of personal or medical information. Employer’s has no right to spread deceptive or incorrect information about employee that defames him and puts him in a bad light before the public or co-workers. Employees do have the right of protecting their name or likeness which should not be misuse without their consent for the benefit of other employees. Courts have affirmed that employees have a limited right to be protected from unreasonable intrusion into their private affairs. At the same time, the legal...

Words: 986 - Pages: 4

Legal 500 Fmla

...Explain if it matters that a parent literally had nothing to do with a biological child in order for the child to take advantage of the Family and Medical Leave Act (FMLA) to care for that parent. The type of relationship between a child and their biological parent has nothing to do with whether an employee is eligible for FMLA. The employee can ask to use FMLA to care for a family member, for their own physical/mental health care, and after the birth or adoption of a child. A spouse means a husband or wife as defined or recognized under your State’s law. A parent is either the biological parent or the person who acted as the parent when the employee was a child. A son or daughter is either biological, adopted, under foster care, a stepchild, a legal ward, or any child that the employee is assuming parenting responsibility. The child must be under the age of 18 or over age 18 if a mental or physical handicap is present. The employer is allowed to ask for documentation, i.e., birth certificate, court documentation, or a medical providers certification. The Family and Medical Leave act of 1993 allows employees to request unpaid time off work to care for a familial obligation. These obligations include the birth of a child, a personal health condition that requires an extensive recovery period, the care of the family member (child, spouse, parents) who is suffering from a health condition and also adoption of a child. So it does not matter if there is a biological parent......

Words: 301 - Pages: 2

Legal 500

...EMPLOYMENT AT WILL RONALD BLALOCK STRAYER UNIVERSITY PROFESSOR MARK GLANTZ LEGAL 500 April 22, 2012 Describe what steps you would take to address the following scenario involving skills, competence, and abilities? My method for addressing Jennifer’s shortcoming consists of termination based on the employment at will doctrine. As Halbert and Ingulli (2012) report in Law and Ethics in the Business Environment, employment at will gives employers broad discretion to fire employees for a good reason, a bad reason, or no reason at all. This legal doctrine gives organizations the upper hand when releasing an employee. Also, this law allows employees to resign from a position on their own terms. Jennifer is a recent college graduate hired in our accounting firm. She is having issues with our computer applications which she was trained on after hiring. Management has decided to implement new training courses in support of our employee. Over an extended period of time, she is still unable to perform her required duties which reduces productivity and raises production costs. Our organization has taken many preventive measures to reduce and liabilities that may occur from discharging the employee. Her inability to work at a productive level gives our organization a legitimate reason to dismiss her for lack of production. Unfortunely, she continues to perform poorly which places our management team in a position to take appropriate action to resolve poor performance...

Words: 1205 - Pages: 5

Legal 500 Paper

... employee takes a day off from work, without management consent, for her religious holiday observance that falls on a day that is during “tax season”. The day off occurred during an incredibly busy period for the company during which the employer had notified all employees they were not allowed to take off without prior management approval. Also, there is no labor union for accountants. However, she begins talking to her co-workers during lunch breaks and sometimes during regular work hours, encouraging them to organize and form a union to “protect ourselves”. 4. Describe what steps you would take to address the following scenario involving policies and procedures: * The employee’s supervisor consistently asks her out on dates; the employee initially refuses to go out on a date with her supervisor. The employee later discusses the issue with her girlfriend who encourages her to accept his offers. During her new employee orientation, the employee was informed of the company policy which prevented employees from dating their supervisor and was given an employee handbook with the written policy. The employee and her supervisor later begin having a consensual relationship. 5. Use at least three (3) quality legal references in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources. Your assignment must follow these formatting requirements: * Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all......

Words: 1054 - Pages: 5

Legal 500

...Leg 500 Exam Question 1 The best example of a source for virtue ethics for a business Is Correct Answer: | the corporate mission statement. | Question 2 The Ethic of Care is Correct Answer: | A set of principles that encourage decision makers to look at human relationships as a primary motivator for a decision. | Question 3 According to Citizens United v. Federal Election Commission, which of the following is not a reason to allow corporations the right to spend money and advertise for political candidates? Correct Answer: | The immense wealth of a corporation allows it to be the most accurate in providing messages to people. | Question 4 Assuming a business ethical dilemma, which statement best illustrates Gilligan approach suggested in her theory of “The Ethics of Care”? Correct Answer: | care and responsibility to others | Question 5 All of the following are considered exceptions to the general rule that there is no duty to rescue except Correct Answer: | Witnessing an accident – this creates a duty to step in and help the injured | Question 6 The Sarbanes Oxley Act was passed in response to: I. concerns that investors received full and complete information about potential corporate fraud II. a lack of investor confidence III. corporate scandals beginning with Enron IV. discrimination against an employee when providing information she reasonably believes constitutes a violation of federal...

Words: 385 - Pages: 2