Ethics and Legal Environment of Business Essay - 1337 Words

HOOPER V. YODER September 9, 2015 The purpose of this paper is to analyze and evaluate a civil court case between Steven J. Hooper v. David Yoder and the role ethical principles played in the case. I would like to address these important points in this paper: * Define common law * Summary of the facts that brought the parties into the courtroom * State the holding of the court * The legal rights and responsibilities of the plaintiff and defendant * The role of ethical theories including Kant and Nozick’s in this case * Propose specific, common sense business practices that may have resolved the conflict Let’s begin with a definition of common law which is applied to all corporations. â€Å"Common law is made and†¦show more content†¦Therefore, Market West accepted the corporation stock as partial debt. Hooper and Yoder agreed to add Brian Bradley who worked for Market West as the third director. Hooper colluded with Bradley and violated a fiduciary duty to Yoder by issuing 95 shares of stock to himself, 5 shares to Bradley, and none to Yoder. Furthermore, Hooper got paid $141,000 salary from the business without Yoder knowing. More importantly, Hooper and Bradly voted to force Yoder to leave the corporation. After Yoder found out that Hooper broke their agreement, violated Yoder’s rights and duties, acted dishonestly, and made unethical decisions, Yoder sued Hooper and Beautiful Daydreams in the District Court. Under the common law, with these facts, the court supported Yoder and ordered Hooper to give back one-half of the salary plus one-half of the shares o f stock to Yoder. Let’s begin the analysis with the parties’ rights and responsibilities. Since both Hooper and Yoder were on the board of directors, their rights and responsibilities included: * Right to work, to develop, and to advertise their dairy products * Right to earn and receive profits of the business * Right to receive shares of stock and salary if any * Right to authorize and make business decisions * Right to appoint new directors or officers as needed * Right to have honest and clear communications from other board of directors * Responsibility to perform their work duties *Show MoreRelatedLegal and Ethics in Business Environment800 Words   |  4 Pages Legal and Ethics in Business Environment Name: Institution: â€Æ' Legal and Ethics in Business Environment Introduction After working as an employee for Coca Cola Company for a period of 20 years, I accrued enough capital to establish my own company. The investment sector presents many challenges when one invests on a global scale. The main challenge comes when the country you invest in suffers from political instability. It usually happens on unlikely basis that the investor does not anticipateRead MoreThe Importance of Ethics in Business Essay1475 Words   |  6 PagesEthics is the branch of philosophy that deals with the principles correlated to human behavior concerning the rightness and wrongness of specific conduct, and to the good and bad that influences and ends those actions (Ditonary.com, 2011). In other words, ethics is the choice people effect in regards to a decision they need to achieve. Without ethics directing the choice an individual makes, moral preferences of what should or should not be done becomes irrelevant. While ethical decisions areRead More: Critically Evaluate Corporat e Social Responsibility as an Ethical Tool Basing Some of Your Argument on the Toyota Case Study1711 Words   |  7 Pagesfor a firm to purse long term goals that are good for the society. This entails the continuing commitment by business to behave ethically and contribute to economic development while improving quality of the workforce and their families as well as that of the local community and society at large. Bhatia (2004) defined corporate social responsibility as a tool that encompass good business ethics and encourage enterprises to be involved in social issues such as community improvement, improving underdevelopedRead MoreLegal Memorandum911 Words   |  4 Pagesdocument presents a framework for developing a legal memorandum concerned with the themes that need to be considered in the company’s decision to expand to Mexico. There are several legal and ethical areas pertinent to doing business internationally in Mexico. They derive from aspects of both the America n and Mexican legal environments as outlined herein. I. Domestic Law A. The FCPA 1. The Foreign Corrupt Practices Act (FCPA) governs the conduct of business operations and activities by American companiesRead MoreBusiness Ethics And Corporate Ethics863 Words   |  4 Pagestalk about business ethics, we think of the business as a whole, but in reality business ethics applies to the individuals working within the business. According to Investopedia, business ethics is the study of proper business policies and practices in regards to potentially controversial issues (Investopedia, 2016). Strong business ethics will help an organization become more successful by building customer loyalty, retaining good and talented employees, creating a positive work environment and avoidingRead MoreEssay on Social Responsibility1055 Words   |  5 Pagesstakeholders. Often a company will make a strategic plan based on profit; however, social responsibility looks outside of profits and determines the effects on all stakeholders including customers, environment, and society. In a ddition, the strategic decision should also be based on the code of ethics set forth by the organization. Furthermore, when determining the development of a strategic plan, the organization may either use the views of Milton Friedman or Archie Carroll (Wheelen, 2010). TwoRead MoreBusiness Ethics : An Individual s Moral Judgements1487 Words   |  6 PagesEthics is defined as an individual’s moral judgements about right and wrong while business ethics is defined as â€Å"organizational principles, values, and norms that may originate from individuals, organizational statements, or from the legal system that primarily guide individual and group behavior†. As the rapidly growing of business organization in a world of globalization nowadays, business ethics is more important than ever. Studying and understanding of business ethics is very important becauseRead MoreOnline Ethical, Legal, And Regulatory Issues In B2B Versus B2C1012 Words   |  5 PagesOnline Ethical, Legal, and Regulatory Issues in B2B versus B2C Introduction Companies doing business on the Web must be certain of their ability to manage the liabilities that can emerge as a result of todays online business environment. This environment includes laws and ethical factors that are sometimes different from those in the brick and mortar setting. The online environment often forms a network of customers who can have considerable levels of communication with each other. Online businessesRead MoreSocial Responsibility And Ethics Of An Organization Essay1265 Words   |  6 PagesSocial Responsibility and Ethics Social responsibility and ethics are a part of the rules and regulations that an organization must comply with in order to meet the moral standards. It is best to observe the standards of ethic and social responsibility in any type of management. An organization normally has policies already put in place that both the employee and proprietor has to follow. There is a procedure that is laid out from step one to the final step that will keep all involve safeRead Morethe Environment Suffers Because Business Has No Ethics. Discuss1121 Words   |  5 Pages‘The environment suffers because business has no ethics’ discuss Business Ethics can be defined as the critical and structured examination of how people amp; institutions should behave in the commerce world. Furthermore, it particularises the involvement of examining appropriate limitations upon the pursuit of complete self-interest; however, this may also apply for firm profits when the actions of each individual or firm affects others in some form. If the business really has no ethics, it can

Challenges Of Studies - 1592 Words

Challenges Throughout their studies All four websites of the institutions in the two countries mentioned above direct students to seek help when needed, and it is easily displayed that they provide a variety of services to support student success with their acculturative stress. There are counselling services available to talk about the challenges throughout their studies in academics, but also with cultural and social integration in the country. Moreover, academic support services are readily available, in terms of academic advisors to provide useful resources and adequately direct the students to discover their potentials to pursue their studies, in addition to the writing centre where students can have an advisor to proofread their†¦show more content†¦Whether the courses were for a general purpose of communication skills or for a specific purpose to prepare for academic success, students participating in the language programs have provided positive responses in terms of their improvement in communication skills and social engagement with other students in the program. In comparison, Kim (2014) introduces that Korean institutions offer quite a range of courses from basic Korean language to writing academic journals. By integrating various topics and utilizing different media resources, students are able to learn the language in different contexts. With a more advanced level of language courses, Kim (2014) presented that the courses are starting to apply the language into specific disciplinary writings from recognizing the difference in communicative and academic language. There are organizations affiliated with institutions to allow students to learn Korean language prior to enrolment, but with the courses taken at the institution along with other academic courses, students are able to gain a small amount of credits for taking language courses (Kim, 2012). This reduces students’ concerns and pressures arising from language difficulties, and h aving to gain a certain number of credits with language courses can encourage better engagement in student learning, hence, possibly faster and more effective improvement in language. One interestingShow MoreRelatedA Study Of Challenges And Opportunities Essay791 Words   |  4 PagesQUESTIONNAIRE Dear Sir/Madam, I am Prof. (Mrs) Vaishali Patil of K.M.Agrawal College of Arts, Commerce Science, Kalyan (West), Dist.- Thane, doing a research on the topic â€Å"A Study Of Challenges And Opportunities In Unorganised Retailing In Thane District† for the award of Ph.D Degree in Commerce from Swami Ramanand Teerth Marathwada University, Nanded. Kindly find enclosed herewith a questionnaire to be completed and obliged. Your responses will go a long way in establishing the hypotheses andRead MoreChallenges Of Study Participants Recruitment Essay1723 Words   |  7 PagesChallenges of Study Participants Recruitment Introduction Recruitment refers to the entire process of attracting, selecting and appointing suitable candidates for a particular given activity. The individuals can be chosen for unpaid positions such as training programs, voluntary roles and in this case participation in a study (Jallo et al., 2013). There are many pitfalls that face the recruitment process. Among them are the impact made by the study design, participant’s characteristics, personalRead MoreGraduate Study Challenge Paper1128 Words   |  5 PagesGraduate Study Challenges and Strategies for Success Twenty one years ago I started my nursing profession, which I do not regret any minute of it. Today I found myself back to college embarking a new journey pursuing MSN degree with much excitement and many challenges. In order to be successful in graduate study, I have to come up with strategies to overcome the anticipated challenges. The three main obstacles I face that would affect my study are writing, time management, and stress. 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How we respond to the inherent stress of this work eventually impacts the quality of intervention we provide to children and adolescents (Steele, 2012). This is certainlyRead MoreGraduate Study Challenges and Strategies for Success1707 Words   |  7 PagesGraduate Study Challenges and Strategies for Success Lea Smith HCS/504 February 28, 2011 Marilyn Ketchum Graduate Study Challenges and Strategies for Success Students face many challenges when pursing graduate studies. Setting goals for oneself is a good way to map out what they want to accomplish and also a way to help them overcome challenges when they occur. If a student takes the time to make a list of what challenges that may arise and how he or she will overcome those challenges, thisRead MoreCritical Challenges Facing Black Studies Essay700 Words   |  3 Pagesâ€Å"One of the most critical challenges facing Black Studies today is the need to rescue and exercise its right to self- definition and self- determination with scholarship and vision and to reassess with rigor its original paradigm in both theory and practice (Karenga, p.356).† This statement by Maulana Karenga in â€Å"Black Studies and The Problematic of Paradigm: The Philosophical Dimension† brings forth the question from class, â€Å"how do students and scholars of Africana Studies go about identifying andRead MoreCase Study : Pillsbury Cookie Challenge Essay1448 Words   |  6 PagesMKMR 201: Mon, Wed 12.45 p.m. - 2.00 p.m. Group B4 Stephen Aber(I got , Tyler Holsopple, Michal Jastrzebski, Courtlen Oates, Larry Wang Pillsbury Cookie Challenge - Case Study Situation analysis: Ivan Guillen was asked to develop a marketing strategy in Canada to improve the business portion of the Pillsbury refrigerated baked goods category of General Mills (pg 1). Problems he faced: All of the new product advertisements came from United States and had to be adaptedRead MoreChallenges To Party Government Case Study1268 Words   |  6 Pages Chapter 2: The Challenge to Party Government Issues that once sharply divided parties have now thinned on two levels. The first is the reduction of intense ideological polarization like anti-system parties, which threatened the principles of democracy. These parties have either gone wawa or moderated to be more acceptable, allowing for party alignment and partnership. Now the only options in voting are democratic. The second level of change occurred to politics that was in the mainstream. ThereRead MoreThe Pillsbury Cookie Challenge Case Study1846 Words   |  8 PagesThe Pillsbury Cookie Challenge is a case study written by Natalie Mauro under the supervision of Professor Allison Johnson. The case study creates an open discussion about what the marketing manager of the refrigerated baked goods category for Canada General Mills should do to revive his products. Ivan Guillen, the marketing manager, was faced with tough challenges. He was initially â€Å"†¦faced with the challenge of developing a strategy that would lead t o improved business performance on his category†

Romeo And Juliet With Miracle Worker Essay Example For Students

Romeo And Juliet With Miracle Worker Essay Relationship between Romeo and Juliet and Annie and Helen Romeo and Julietis a tragic play written by William Shakespeare. It is a love story between tworival families, the Montagues and the Capulets. Romeo who is a Montague falls inlove with Juliet who happens to be a Capulet. It is love at first sight, but iftheir parents find out there will be no way that Romeo will ever see Julietagain. The Miracle Worker is another play that we read. It is about a littlegirl named Helen Keller who is both deaf and blind. Her parents pity her and lether do whatever she wants. They want to be able to communicate with her so theywrite a doctor in Baltimore for help. The doctor sends Annie Sullivan to helpHelen, which is worth it because she finally gets Helen to be polite and talk. Three people from Romeo and Juliet compare to three people in The MiracleWorker. To begin with, the Montagues and the Capulets along with Mr. and Mrs. Keller and Annie are the first similar group of people. Because the two familiesdisliked each other so much, it kept their children from being able to date eachother openly. It forced their children to keep secrets from their parents andmade it hard to see each other. The parents in The Miracle Worker are prettymuch the same. Mr. and Mrs. Keller didnt like the way Annie was handling andtaking care of Helen. They almost made Annie quit teaching because of that. Annie made Helen eat with a fork instead of her fingers. When she wouldnthold the fork Annie forced her to hold it. The Kellers didnt like this andtold Annie to let Helen eat however she wanted but Annie wanted Helen to learnthe proper way to eat and behave. Annie was very strict and made disciplinedHelen well. Next there are two people who were dependable and friendly to Romeoand Juliet and Annie and Helen. For example Friar Laurence knew all about themarriage between Romeo and Juliet because he is the one who married them. Hethought that if they got married it would end the feuds between the families. Inaddition he also came up the plan for Juliet to drink the potion to make it looklike she was dead and when Romeo came it would look like he save her so theCapulet family would like him. James, Captain Kellers son by his firstmarriage was the only one who believed in Annie at first. For instance he wasthe first to see Annie teach Helen the alphabet and also got the ladder forAnnie wh en Helen locked her in the room. Also James lets Annie take Helen to thepump by telling Mr. Keller to let Annie teach Helen her way and that for once heis wrong and Annie can successfully teach Helen. Finally the last two peoplethat influenced the relationships are the Nurse and Doctor. The Nurse knew aboutthe relationship between Romeo and Juliet and could have told someone but neverdid. If she told someone of their marriage she could have saved the two kidslives. Even though the nurse tried to get Juliet to like Paris she couldntget her to because she loved Romeo. The doctor told the Kellers that hesnever seen a baby with more vitality, which was untrue. However he tells them itwas only acute congestion. After he leaves, Mrs. Keller tries to get Helensattention, but she cant because Helen cant hear or see. If the doctor hadbeen better he would have noticed she was mute and told them before or try tosave her. Although two different authors wrote the plays in two different timesthey still have qualities that can be compared. They all have plots, climaxesand settings. Shakespeares words and way of writing was more advanced thanWilliam Gibsons but they both have good work. Romeo and Juliets endingwasnt happy like Annie and Helens but in the end they both got what theywanted. Romeo and Juliet were finally together and the families got over theirdifferences, and Annie got Helen to understand that words have meanings and howto communicate.