Business Law I

For this Discussion Board, please complete the following:

Review and reflect on the knowledge you have gained from this course.

What were the most compelling topics learned in this course?
Do you feel this course has given you a foundation for your further studies?
Do you have any lingering questions on the material?

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Business Law I

Within the Discussion Board area, write 200–250 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

For this Discussion Board, please complete the following:

Maria and Sylvia have always wanted to start their own restaurant business and be an entrepreneurs. As entrepreneurs, they must decide whether the business should operate as a general partnership or as a limited partnership. Which is the better choice?

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NOTE: Remember to consider flexibility of decisions, restrictions and personal liability. For example, a limited partnership, one of the partners is limited and are not involved in the day to day management as well as having limited liability if something happens to the business. A general partnership involves an agreement of how the partnership will be managed, outlining the roles of each partner. However, in a general partnership the partners may be personal liable for debts of the business.

Business Law I

Within the Discussion Board area, write 200–250 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

For this Discussion Board, please complete the following:

This week you will learn about Social Media and the liabilities and risks from a legal perspective. Social media is defined as electronic communication (including the Internet or network systems) where participants communicate and share ideas, information, personal messages and other content (i.e., music or videos).

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A common example is an employer restricting the use of social media both with the content shared by employees and access to social media through work computers.

Jamal works from home almost every day and decides to log into his social media platform on his work computer. He comments and likes some posts and pictures while logged in. The HR handbook states that employees are not allowed to use company computers for social media use. Are there any liabilities to Jamal or the employer from his actions? Why or why not?

Business Law I

Within the Discussion Board area, write 200–250 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

For this Discussion Board, please complete the following:

This week you will learn about fiduciary duty. Fiduciary duty is the legal obligation of one person or party to act in the best interest of another person or party. A common example of fiduciary duty is when top management of an organization is acting in the best interest of the shareholders who own the organization.

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Charles is the CEO of a car company. Charles knows that the car has a defect and should be recalled. If Charles recalls the car the company will go bankrupt. Does Charles have a fiduciary duty to tell the car company’s shareholders? Why or why not?

Business Law I

Business Crimes

Write a short essay, between 400 and 500 words, responding to the assignment below. You are expected to utilize the textbook and outside resources to provide accurate and substantive answers to the question. Also, be sure to make use of illustrating examples where appropriate. Submit your work in APA format.

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***Find a current news article about a business-related event (anything in the past year is acceptable) that involves a crime or has the potential for criminal prosecutions. Identify possible crimes and evaluate whether the required elements are met and or satisfied.

For example — if the crime is larceny, the requirements are taking of another’s property, the necessary state of mind to know that the property belongs to someone else and the intent to deprive the person of the property. You can identify any defenses. Many of these crimes, elements, and defenses are in the textbook. If the crime you are describing is not in the textbook, enter “elements of __________ (crime) in your search engine.