People rarely think about their conduct at work as being potentially illegal, or that jail time could result from poor workplace decisions. However, this fact is the reality. Organizations are fined, and executives are sentenced to jail, when business laws…
Figure 5.1 Introduction Lady Justice by Arend Ode(Image Credit: AJEL/ pixabay/ Attribution 2.0 Generic (CC BY 2.0)) Chapter Outline 5.1 Common Business Crimes 5.2 Civil vs. Criminal Liability
The Bill of Rights is the common term given to the first 10 amendments to the U.S. Constitution. These are not the only set of amendments to the Constitution, but they are considered together as impacting rights because they limit…
Figure 4.2 The United States Constitution is the supreme law of the land. (Credit: 1778011/ pixabay/ License: CC0) The Constitution and the Law Federal and state constitutions are a major source of business law. The United States Constitution is the supreme law of the United…
Figure 4.1 Introduction (Credit: geralt/ pixabay/ Attribution 2.0 Generic (CC BY 2.0)) Chapter Outline 4.1 Commerce Clause 4.2 Constitutional Protections
Over the last few decades, there has been a movement throughout the global business community to improve the world through smarter use of resources and giving back to communities. This movement is called corporate social responsibility. The concept is catching…
Businesses must establish a clear set of values that promote ethical practices and social responsibility. In today’s business climate, companies are increasingly under scrutiny by private citizens. A company that builds its foundation on sound principles will have a better…
Figure 3.1 Introduction (Credit: rawpixel/ pixabay/ Attribution 2.0 Generic (CC BY 2.0)) Chapter Outline 3.1 Business Ethics 3.2 Social Responsibility
The American Bar Association (ABA) defines arbitration as the “private process where disputing parties agree that one or several individuals can make a decision about the dispute after receiving evidence and hearing arguments.” Arbitration is overseen by a neutral arbitrator, or…
Court or Agency-Connected Mediation Mediation is a method of dispute resolution that relies on an impartial third-party decision-maker, known as a mediator, to settle a dispute. While requirements vary by state, a mediator is someone who has been trained in conflict resolution,…