Premium Essay

Wgu Legal Issues

In: Business and Management

Submitted By marvin620
Words 4222
Pages 17
LIT1: Task 310.1.5-02, 11, 13 Part A Sole Proprietorship: This form of business is the most common form of new business startup. Legal and tax issues are basic and can be followed without significant assistance from external sources. The business and owner are one in the same and all liabilities will fall upon them personally. The primary key to being a sole proprietor is the owner maintains independence in the decision making of the business and how he or she implements their business plan. LIABILITY: Individual and the business are treated in the same manner. The sole proprietor holds responsibility is for all losses and profits and has the additional responsibility of being personal liable for all actions of the business. INCOME TAXES: The sole proprietor profits are taxed as their personal income with only minimal tax incentives compared to other business models. Business profits or in the case of losses must be reported as personal income tax. LONGEVITY/CONTINUITY: Sole proprietorship can end their business at anytime without legal formalities. CONTROL: An SP business is operated as a single business owner. The control of the business cannot be given to anyone else. PROFIT RETENTION: The profits of the business belong to the owner of the business and are not shared. LOCATION: A sole proprietor is not limited to where it can operate within the United States. Only localized codes and regulations can affect where the business can be located. CONVENIENCE/BURDEN: Sole Proprietorships can be easily established. The burden lies in the legal and financial responsibilities fall solely upon the owner. It can be difficult to obtain financing and limited tax advantages.______________________________________________________________________ General Partnership - This type of business is also simple to establish in cases where there are multiple owners. There are…...

Similar Documents

Premium Essay

Rjdt Task 1

...Human Resources Task 1: Memorandum to Chief Executive Officer WGU Toy Company Western Governors University In partial fulfillment of the requirements of Human Resources JDT2 Memorandum to Chief Executive Officer WGU Toy Company TO: WGU Toy Company, Chief Executive Officer FROM: Elementary Division Manager DATE: June 18, 2013 SUBJECT: Constructive Discharge Claim As a result of a work schedule policy change at WGU Toy Company, a constructive discharge was filed under Title VII of the Civil Rights Act of 1964 related to religious discrimination by a former employee. This is due to a policy change that required toy company employees to work rotating shifts to accommodate the demands of production. In this former employee’s claim, rotation would fall on a religious holy day. The rotating schedule change is required for all production employees but would not affect office staff members who will maintain 0800 to 1700 Monday through Friday work schedules. This memorandum will provide information to assist WGU Toy Company with recommendations in handling this claim. The nature of discrimination charges were best explained through review of Title VII of the Civil Rights Act of 1964, which identifies definitions specific to this claim against WGU Toy Company. Title VII of the Civil Rights Act states, “it is illegal to discriminate against someone based on race, color, religion, national origin, or sex” (U.S. Equal Employment......

Words: 1726 - Pages: 7

Free Essay

Your Mom

...traditional universities, WGU does not award degrees based on credit hours or on a certain set of required courses. Instead, you will earn your degree by demonstrating your skills, knowledge, and understanding of important concepts through a series of carefully designed courses. Progress through your degree program is governed not by classes but by satisfactory completion of the required courses that demonstrate your mastery of the competencies. Of course, you will need to engage in learning experiences as you brush up on competencies or develop knowledge and skills in areas in which you may be weak. For this learning and development, WGU has a rich array of learning resources in which you may engage under the direction of your student mentor. You will work closely with your mentor to schedule your program for completing the courses. You will also work closely with additional faculty members as you proceed through courses of study that are designed to lead you through the content you must master in order to pass the assessment(s) for each course. The benefit of this competency-based system is that it makes it possible for people who are knowledgeable about a particular subject to make accelerated progress toward completing a WGU degree, even if they lack college experience. You may have gained skills and knowledge of a subject while on the job, accumulated wisdom through years of life experience, or, indeed, taken a course on a particular subject. WGU will......

Words: 4226 - Pages: 17

Premium Essay

Reasons to Go to Wgu

...began searching in earnest for “the perfect fit.” After much courting and wooing by several universities offering online programs, three major factors influenced my decision to become a Western Governors University (WGU) student. These are an excellent online support system, a unique competence based approach to learning, and affordability. I urge you to carefully consider these factors; you too will be convinced that WGU is the choice to make. WGU offers an excellent and unique support system to students. The availability of online education promises the ease and flexibility of independent learning. In addition, this is coupled with the availability of qualified human resources to help you stay on track. Truthfully, not many of us are disciplined enough to succeed on our own, without the threat of deadlines and course closures spurring us on. From application to enrollment; and from orientation to completing competency units (credits), WGU provides highly experienced personnel to guide us. In this Mentor led system, students work closely with a personal mentor assigned to them. He/she takes a personal interest in the success of the completion of their goals. The mentor is a skilled motivator, a readily available sounding board, and a facilitator to help resolve any issue that may arise. Contact is maintained weekly via telephone and email. Course mentors are also available for individual coursework. These mentors function as professors, and students get individualized......

Words: 1233 - Pages: 5

Premium Essay

Jdt2 Hr Report Task 2

...REPORT The Importance of Ethical Decision Making WGU Toy Company A decision with ethical concerns is significant and comes with greater consequences than ordinary, everyday decisions. Key to ethical decision making throughout the organization is providing a written code of ethics for your business. By having a written code of ethics the importance and value of knowing right from wrong behavior is emphasized. This provides an atmosphere where moral values and principles are a priority. Instead of having employees unsure about making decisions, these written ethical principles deliver guidelines to maintain consistent and appropriate decisions. Having a code sets the tone and drives expectation for its use. It makes it clear that your company wants you to make the ethical choice, and they will support and defend you when you do. Another key to ethical decision making is training. This integrates the ethics code into the workplace. “These should be embedded as part of the culture in the organization” (Abdullah, 2013). Providing employees with tools for critical thinking and good decision making empowers employees from the very start. Training creates recognition for ethical issues and provides guidance for finding and making an ethical choice. It prepares employees for forward thinking to handle unanticipated situations and face new problems. It reinforces the significance of every employee’s responsibility to uphold the company’s principles. It gives the employee a...

Words: 1156 - Pages: 5

Premium Essay

Special Ed Law

...Introduction to Special Education, Law, & Legal Issues, Policies & Procedures. Study Guide The study guide shows you how to move through the SPED Law and Legal issues Course in six weeks. You will want to tailor the weekly activities to your personal schedule and time commitment. Section Read View Study Activities Getting Ready to Pass Be sure you can access: 1. Course of Study (COS) 2. Learning Resources:  Vital Source Text: Henley, M. R., Ramsey, R. S., & Algozzine, R. F. (2009). Characteristics of and strategies for teaching students with mild disabilities (6th ed.)  UWillTeach Courses 3. External Websites:  ParentCenter Hub  IRIS Resource Locator 1. Watch the Welcome Video 2. Review the course competencies:  Historical and Philosophical Foundations of Special Education  Professional and ethical Practice  Characteristics of Individuals with exceptional Learning Needs  Special Education Law and Ethical Issues  Special Education Policies and Procedure  Connect with Course Mentors Email links:  Dr. Amy Hughes x4920  Dr. Lynn Renz Brogan x4110  Set up a binder or online writing space for your Special Education Resource Manual Section Read View Study Activities Section 1 Historical Overview: Societal and Historical Issues, Landmark Court Cases and Laws Free Appropriate Public Education (FAPE) TEXT: Characteristics of Teaching Students with Mild Disabilities (Vital Source)......

Words: 943 - Pages: 4

Premium Essay

Wgu Aft2 Raft2 (Accreditation Audit) Mba Graduate Programe - Complete Course All 4 Tasks

...WGU AFT2 RAFT2 (Accreditation Audit) MBA Graduate Programe - Complete Course All 4 Tasks http://www.homeworkminutes.com/question/view/41054/AFT2-RAFT2-Accreditation-Audit-WGU-MBA-Graduate-Program-Complete-Course AFT2 Accreditation Audit Task 1 1. The purpose of this executive summary is to outline the current status of compliance of the organization for the priority focus area of communication, namely the standard UP.01.01.01 which is named the “Conduct a Pre-procedure Verification Process” as noted by the Joint Commission standards. A.2. The primary area of focus I chose to review was the communication aspect. I feel that communication is vital in any business, especially health care. Clear communication improves patient care and the quality of care. This is evident when time is taken to verify a patient or a procedure. When things go wrong due to misidentification of a patient, not only does that cost time and money for the patient as well as the extra burden of having that wrong fixed, but it also costs the hospitals too. Their costs are increased by trying to fix the issue and then legal issues to follow. The best way to avoid any mistake and/or injury is to adopt a more vigorous verification system. AFT2 Accreditation Audit Task 2 A.1. An unexpected occurrence that involves serious bodily or psychological harm including death or the risk leading to these is known as a sentinel event. (Sentinel event, 2013) A.2. Several people......

Words: 982 - Pages: 4

Premium Essay

La from

...WGU- SST1 USE THESE SUBMITTED AND ACCEPTED ASIGNMENTS TO HELP YOU DO YOUR OWN WORK AND CHECK YOUR ANSWERS/USE THIS OUTLINE. I COMPLETED 67 CU'S AT WGU IN 1 TERM USING THESE ASSIGNMENTS. DO NOT PLAGERIZE, WGU USES TURNITIN TO MONITOR PLAGARISM, THESE ARE TO BE USED AS GUIDES FOR YOUTR OWN WORK ONLY. I WORKED HARD TO COMPLETE THEM. WGU- ATTACHEMENTS PROVIDED WITH FULL TASKS. SST1: TASK 1, 2 Social Science SST1 Task 1 Words like country, nation, state, and even nation-state are used to define social, cultural and political relationships in the United States and around the world. There are many defining characteristics that allow countries and groups of countries to understand each other, and in some cases, for unions. The purpose of this essay is to briefly discuss nations, states, and nation states, how the United States constitutes a nation state, and the European Union. A nation is a union of people who share social similarities such as language, beliefs, culture, possibly religion, and values. A state is defined by laws and politics, uniting people by geography, population, and government. The modern nation-state is more of a combination of nation and state and is defined as “a single or multiple nationalities joined together in a formal political union” (What is a Nation-State, N.D.). Basically, a nation-state makes the general regulations for large decisions such as what language the general population will speak, what form of currency will be accepted,......

Words: 1663 - Pages: 7

Premium Essay

Est Task 1

...Running Head: ETHICAL ISSUES IN BUSINESS 1 Ethical Issues in Business Dxxxxxx Student ID: 000XXXXX WGU 04/22/13 ETHICAL ISSUES IN BUSINESS 2 Abstract This paper examines social responsibility issues within Company Q and offers ideas for areas of improvement. ETHICAL ISSUES IN BUSINESS 3 Corporate social responsibility is a double edged sward. On one edge is the corporation’s social responsibility to its shareholders, employees and suppliers to avoid business activities that reduce the financial success of the company. On the other edge is the public good. (Duff) Companies are often torn between the need to be competitive and successful and the expectation to be socially responsible. A company that is socially responsible conducts business ethically and is philanthropic while remaining profitable. Economic responsibilities include producing desired, quality goods and services at a reasonable price, while providing profits for shareholders. Companies also have legal responsibilities to comply with all laws and regulations. Lastly, successful companies support philanthropic activities and organizations that promote human welfare and goodwill in the communities they serve. Company Q is making business decisions based solely on profit. Their current attitude toward social responsibility is affecting their profitability and damaging the community’s perception of their business. Company Q is......

Words: 592 - Pages: 3

Free Essay

Ebt1: Evidence Based Practice and Applied Nursing Research Complete Course Wgu Rn-Bsn

...EBT1: Evidence Based Practice and Applied Nursing Research COMPLETE COURSE WGU RN-BSN IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://acehomework.com/EBT1-Evidence-Based-Practice-and-Applied-Nursing-Research-WGU-8906543.htm If You Face Any Problem E- Mail Us At JohnMate1122@gmail.com TASK 1 The research obtained in this particular study does support the conclusion. When all five area’s were studied, it verified that the incidence of ventilated associated pneumonia was decreased when oral care and dental care was performed onto these mechanically ventilated patients. The background information that was provided was direct, to the point and relevant to the impact of today’s heath care. Millions of dollars are being spent every year for incidences within hospitals that can be prevented and this study was set out to prove just that, that ventilator associated pneumonia can be prevented. The logic was simple. That logic was to clear the mouth and airway of any harboring microorganisms that can pool in the mouth and result into an infection. The test groups were relevantly the same size and the characteristics of age, sex, APACHE scores and reasons for admissions were comparable. The conclusion was predictable in verifying that strict oral cleaning did result in a lower incidence of ventilator associated pneumonia in patients. A.4. During the course of this research, ethics would be addressed. Before the study had begun,......

Words: 2561 - Pages: 11

Premium Essay

Enterprise Continuity Planning

...------------------------------------------------- ENTERPRISE CONTINUITY PLANNING FXT2 TASK 2 November 10, 2015 chrystal kimbrough WGU November 10, 2015 chrystal kimbrough WGU EXPLANATION SUMMARY ENTERPRISE CONTINUITY PLANNING A company’s worst fear came to fruition when an employee hacked into his own records on the human resource system and was successful in modifying their own records. The employee gave himself an increase in pay by increase his base salary rate. The employee had success in performing this crime by spoofing an IP address, allowing their self the ability to eavesdrop on the network. By spoofing the specific IP address, the employee was able to find the location of the data and successfully modified it for their gain. After the fact, the employee received two paychecks containing the fraudulent salary. An auditor, who was effectively performing their job duties, became aware of the fraudulent acts of the employee, and thus sent an email to several pertinent individuals within the organization making them aware of the situation and that there is potentially a discretion with the employee’s paycheck. Probably on the “look-out” for reaction from their errant ways, the employee somehow was able to intercept the emails that were intended for the original recipients. The employee then created falsified responses, posing them to seem as if they were coming from the intended individuals that the original email was sent to. This exchange went on back......

Words: 3197 - Pages: 13

Premium Essay

Social Problem of Substance Abuse

...The Social Problem of Substance Abuse Donna S. West WGU GLT1 Task 2 The Social Problem of Substance Abuse Substance abuse and addiction issues impact individuals, families, and communities in many ways and can be directly connected to costly social, physical, mental, and public health problems. In addition, substance abuse related issues have an overwhelming impact on the criminal justice system. Describe the social problem of Substance Abuse The way substance abuse is defined or understood can be interpreted in many ways, depending on the person or situation it may be related to. In simple terms, abuse is determined when there is a level of dysfunction related to the person's use of drugs or alcohol. One standard definition, according to the U.S. Department of Health and Human Services, Substance Abuse and Mental Health Services Administration [HHS/SAMHSA], 1994, describes abuse as "the use of a psychoactive drug to such an extent that its effects seriously interfere with health or occupational and social functioning." The American Psychiatric Association’s Diagnostic and Statistical Manual of Mental Disorders (DSM-IV) is standard in the medical and mental health fields for diagnosing both substance abuse and behavioral health disorders. According to the DSM-IV, substance abuse is "a maladaptive pattern of substance use leading to clinically significant impairment or distress, as manifested by" a variety of possible symptoms of impairment (American Psychiatric......

Words: 1813 - Pages: 8

Premium Essay

Lwc1 Cos

...course of study may take up to 10 weeks to complete. Introduction Overview There are the two major subdomains of study within the Fundamentals of Business Law and Ethics Course of Study: business law and business ethics. The exam covers 11 business law and ethics concepts, including the following: contractual relationship government regulation of business dispute resolution labor and employment law hiring and employment practices warranties, negligence, and liabilities Sarbanes-Oxley Act ethical issues in business ethical leadership ethics programs use of company resources You likely have had some experience with the legal system, either through your own encounters or merely through listening to the nightly news, and you have probably read or heard about various ethical and legal issues causing financial upheaval in today's business world. This background will serve you well in this study. Now you can expand on that experience, and perhaps refine and enhance your own views on these issues. Once you complete this course of study, you will have demonstrated a level of competence that you can immediately use in your work setting and career. Outcomes and Evaluation There are 10 competencies covered by this course of study; they are listed in the "Competencies for Fundamentals of Business Law and Ethics (LWC1) " page. You will complete the following assessments as you work through the course of study. Pre-Assessment You will complete the following pre-assessment: PALW......

Words: 8481 - Pages: 34

Premium Essay

Something

...WGU JET2 Financial Analysis Task 2 By Kat-Johnson | March 2014 * Zoom In * Zoom Out Page  of 9 Competition Bikes Inc. Storyline Operational Analysis 03/10/2014 WGU JET2 Financial Analysis Task 2 Introduction In this task, the budget schedule and proformas as well as the flexible budget were reviewed. Below you will find my analysis and recommended corrective actions as well as how management by exception applies.  Budget Planning Concerns Competition Bikes has a good starting point for a budget but is overall weak and has several budgetary concerns. A few of those items are mentioned for budget planning below.  Advertising & Research Development. Competition Bikes is expecting an increase in sales in year 9 yet they are not investing in any more in advertising or research and development. In year 7 when sales were the highest, Competition Bikes spent $32,760 in advertising. In year 8 when the advertising budget fell to $27,428, so did the sales. Although management is predicting an increase in the market for year 9 and the advertising expense is 2% of projected gross margin, this may be unrealistic. Annual Budget. Quarterly budgets are more efficient for planning, coordinating, evaluating, and controlling costs. The budget for Competition Bikes only shows annually. Sales differ by season with the company so their budget should reflect a similar breakdown. Quarterly budget would be closer to the seasons than just an annual one. Further......

Words: 2699 - Pages: 11

Premium Essay

Fnc1

...WGU - FNC1 FNC1 Exam Question | Answer | Which of the following transactions is not possible | Increase both liabilities and Equity for the same account | A transaction that increases Liabilities and Equity at the same time. | Is not possible | Identifying Transactions, Recording transactions, and communication transactions should be performed in what order? | Identifying, recording, and communicating | The proper order for these transactions are Identifying, recording, and communication | True | Who is an external user of accounting information | Company Customers | Internal users of accounting information are | Sales staff, officers and directors, budget officers | Managers and internal users of accounting information | Service | Managers and internal users of accounting information | Research and development | Managers and internal users of accounting information | Production | Managers and internal users of accounting | Human resource | This person is a manager but is not an internal user of accounting information | Partner in a CPA firm charged with conduction the company's external audit. | The Cost principle | accounting information based on actual cost | The cost principle | Does not take into consideration the actual value of the asset, it only records the actual cost paid for the asset | The going-concept principle | something that remains in operation in the foreseeable future | The business entity principle | requires that a......

Words: 1427 - Pages: 6

Premium Essay

Sentinel Event Report

...Hospital Sentinel Event Report Program & Start Date: M.B.A. Health Care Management WGU A1: Sentinel Event Report Minor child, Tina, had a minor operation and as told to child’s mother per Nightingale Memorial Hospital (NMH) pre-op nurse, the operation duration would be 45 minutes plus an additional hour in recovery. Under the instruction of the patient’s mother, the pre-op nurse was to contact her by cell phone if times for release had changed. Mother arrived approximately 2.5 hours later to pick up patient and found that her daughter had been released 30 minutes prior to her arrival. At that point security issued a “Code Pink” (hospital-wide child abduction alert) and local law enforcement was contacted as well. Upon interviewing the patient’s mother, she stated she has custody of the patient and siblings as the parents are currently divorced. Within 30 minutes of mother’s post-op arrival, local law enforcement confirmed the child was in care of her father. Furthermore, the father and child were located at father’s residence awaiting the arrival of the mother. The father was not charged of any crime. Furthermore, NMH CEO assured patient’s mother that the incident would be investigated and changes to policies may be implemented to prevent similar instances in the future. A2: Personnel Staff below in the order in which they made contact with the said sentinel event: Katie Jessup, Registrar: Ms. Jessup stated......

Words: 2002 - Pages: 9