Bankruptcy is a federally authorized operation which
alleviates the debtor of its total liability for its debts
by approving arrangements for the partial repayment.
Debtors include individuals, corporations, as well as
municipalities. Under the United Sta
Oct 6, 2016
Legal Environment of Business
NOTICE OF STATUE OF LIMITATIONS: Scantron are to be turned to me in
class or during my office hour on October 13, 2016. You must turn in the
test at the same time.
No emails! And I will not accept
Business Law Ch. 5 - Intentional Torts and Business Torts
What is a Tort?
A tort is a violation of duty imposed by civil law
o Ex: Defamation, Negligence, Fraud
Tort vs. Criminal Law
Criminal Law is, Behavior classified as dangerous to society. Prosecuted
Chapter 3 | Dispute Resolutions
Refers to lawsuits, the process of filling claims in court
Alternative Dispute Resolutions,
An informal or formal process used to settle disputes without resorting to a trial
Negotiation: make offers and counte
Ch. 17 Agency
Agency is a relationship in which the agent agrees to perform a task for and under the control of the
To Create an Agency there must be (5)
1. A principal
2. An agent
3. Who mutually consent, that the agent will act on behalf of th
CH 19. EMPLOYEE DISCRIMINATION REVIEW
Under the Equal Pay Act of 1963, an employee may not be paid a lesser rate (for equal work) than opposite sex employees.
Title VII of the Civil Rights Act of 1964
Prohibits employers from discriminating on the basi