Reference no: EM13846587

Part A-

1. Identify and discuss the primary sources of contemporary U.S. law.

2. Oxtron, Inc. arranged for two employees, Kaiya and Gary, to attend "The Business Ethics 2008 Conference: Maintaining Credibility" in New York City. Although Gary goes to New York, he does not participate in the conference. Instead, he takes in the local attractions. Kaiya fully participated in the conference. Using ethical standards, describe what Kaiya should do about Gary's failure to participate in the conference.

3. What are the advantages and disadvantages of using arbitration rather than litigation?

4. Define the common law. Discuss its conflicting goals and the doctrine created to serve one of these goals.

5. Wilma's arm is broken when Paula knocks her down during an argument. If Wilma sues Paula for battery, what damages is Wilma likely to receive?

6. Discuss the concepts of contributory negligence and comparative negligence.

7. List and discuss the elements necessary to establish negligence.

8. Discuss what a court and a jury may award to a successful plaintiff in a tort suit. Explain what a court and a jury must consider in making these awards. If a person suffers an injury from a civil wrong (a tort), what factors may he considered in calculating their losses. For example, if a physician commits malpractice and a person is injured, or if a person is harmed from libel or slander, what would be important factors in calculating the amounts owed by the defendant who was negligent?

9. A contractor used dynamite to loosen a rocky hillside. The blast from the dynamite caused a house foundation to crack. The house was located over a half-mile away from the dynamite site. The contractor was careful when using the dynamite and no allegation of negligence is made. However, the house owner claims the contractor is liable for damage to the foundation. Is the house owner correct? Explain.

10. List and discuss the protections afforded criminal defendants by the Bill of Rights.

11. Discuss the growing problem of identity theft, including how thieves get personal information, what they do with this information, and how a victim should respond.

12. Explain what the General Agreement on Tariffs and Trade (GATT) is and give pro and con arguments concerning this agreement.

13. Explain the origin and purpose of the World Trade Organization.

14. MagNet is a U.S. company based in Utah. It is negotiating to sell $4 million worth of computer goods to a French company, Legran. Magnet's attorney suggests that payment be by a letter of credit. What is a letter of credit and why does MAgNet's attorney recommend payments by letter of credit?

15. Identify the term for and discuss the legality of a government's taking of property owned by foreign investors Discuss what action a company might take if it wants to do business abroad but is concerned about losing its property to a foreign government.

16. List and briefly describe the basic elements of a contract. Identify and describe the four principal contract interests a court may seek to protect.

17. When a party to a contract fails to fulfill all of her promises, she has breached the contract. What response does a court typically have for a breach?

18. Discuss the importance of the UCC to the law of sales. Include who created the UCC, how it becomes law, and the stated purposes of the statute.

Part B- Define the following terms-

Tort
Common Law
Statute
Plaintiff
Jurisdiction
Due Process
1st Amendment
Equal Protection Clause
Battery
Fraud
Tariff
Convention on Contracts for the International Sale of Goods
General Agreement on Tariffs and Trade Consideration