Reference no: EM131098467

1. If the state of California and the federal government both passed laws or regulations related to the sale of video games, which would prevail and why? Discuss the relationship between the states and the federal government, and which has priority. Analyze and evaluate the various issues presented while arguing and debating the connections between business, law, politics, and ethics .

2. Contract law is a very basic and important part of both our everyday life, and the operation of the business world. List and define the three basic elements that are required to form a legally binding contract.

3. Decisions in product liability cases sometimes make headlines, with much of the public outraged over what seems to be an excessive recovery for action seen to be the fault of the plaintiff. Is it too easy to recover in product liability? Why has the law changed over the past several decades to eliminate the need to prove negligence? Who wins and who loses as a result of these changes? What changes would you make if you could? Analyze and evaluate the various issues presented while arguing and debating the connections between business, law, politics, and ethics.

4. Discuss the policies behind giving medical leave under the Family Medical Leave Act (FMLA)-what is the nation trying to accomplish, and is the FMLA written appropriately to meet those goals? Analyze and evaluate the various issues presented while arguing and debating the connections between business, law, politics, and ethics.

5. What are the merits and demerits of protecting an invention through a patent instead of a trade-secret law? Analyze and evaluate the various issues presented while arguing and debating the connections between business, law, politics, and ethics.

6. Discuss the Implied Warranty of Merchantability, Warranty of Fitness for a Particular Purpose, and the "as is" disclaimer. Analyze and evaluate the various issues presented while arguing and debating the connections between business, law, politics, and ethics.

7. Compare and contrast the theories of liability for insider trading under the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934. Analyze and evaluate the various issues presented while arguing and debating the connections between business, law, politics, and ethics.