Why business ethics?
Elements of trust in business relationships
Cost of unethical behavior
Ethics as a strategy
Value of a good reputation
Tips for following the Law
Businesses should learn the followi
Alien Corporation- A corporation formed in another country but doing business in the United
Articles of Incorporation- The document that is filed with the appropriate state official, usually
the secretary of state, when a business is incorp
adhesion contract- a standard-form contract, such as that between a large retailer and a
consumer, in which the stronger party dictates the terms.
anticipatory repudiation- an assertion or action by a party indicating that he or she will not
Actus Reus- A guilty (prohibited act).
Arson- The malicious burning of anothers dwelling.
Beyond a reasonable doubt- The standard used to determine the guilt or innocence of a person
Botnet- Short for robot network- a group
Acceptance- In contract law, the offerees notification to the offeror that the offeree agrees to
be bound by the terms of the offerors proposal. In negotiable instruments law, the drawees
signed agreement to pay a draft when presented.
Accord and Satisfac
BUSINESS LAW: TEST ONE REVIEW
Section One: True/False
1) There is a specific guarantee of a right to privacy in the Constitution. _
2) A long-arm statute is a state law that permits courts to obtain jurisdiction over out-ofstate defendants. _.
3) To have
Domicile, Service, Consent, Systematic and
Contnuous contacts, Long Arm Statutes
"Over the thing"
Standing to Sue
"sufficient stake in
Business Law Research Paper
You are required to complete an 8-10 page paper presenting the findings of your own
research on an area of business law that interests you. The paper will be worth 50
points of your grade and must be typed, double-spa
Bluebook (19th ed.) Citation Format Examples
1. Book published by a single publisher:
2 FREDERICK POLLOCK & FREDERIC WILLIAM MAITLAND, THE
HISTORY OF ENGLISH LAW 205-06 (2d ed. 1911).
2. Book published in editions by multiple publishers:
Chapter 9: Contract Formulation
Contract vs. Promise
Promise: A persons declaration that something will or will not
happen in the future
o Promisor: The person making the promise (offerer?)
o Promisee: The person to whom the promisor made the
Chapter 19 - corporations
Corporations: A legal entity formed in compliance with the statutory
requirements of its states of incorporation, owned by shareholders whose
liability is limited to their investment in the corporation, and managed by
White Collar Crimes
Embezzlement: Fraudulently appropriating money or other
property one has been entrusted to handle.
Mail Fraud: Mailing or causing someone to mail something written,
printed, or photocopied in furtherance of a sch
Actionable- Capable of serving as the basis of a lawsuit
Actual Malice- A condition that exists when a person makes a statement with either knowledge
of its falsity or reckless disregard for the truth
Assault- Any word or action intended to mak