Define the legal environment that applies to the business world.

Course Objectives: CO1 Define the legal environment that applies to the business world. CO2 Review basic business law concepts CO3 Describe the litigation system in the United States CO4 Apply legal concepts to business to business scenarios CO5 Analyze the differences between major forms of intellectual property protection and current ethical issues that arise under intellectual property law CO6 Identify antitrust issues in business decisions CO7 Analyze what a contract is, how a contract is formed, the types of law that govern contracts, the elements of common-law contract formation, and defenses to contracts CO8 Identify various forms of business structure CO9 Evaluate employment laws affecting business CO10 Define ethical environment that applies to the business world. CO11 Identify means to avoid alter ego liability CO12 Evaluate how the Sarbanes Oxley Act applies to business. Instructions: The essay is due no later than the end of week seven. Students are encouraged to submit the essay before the due date. Essay topic: Reflecting on the concepts you have studied in the course, research a company and discuss the legal and ethical issues surrounding it. You will need to research the company through the University library. Your essay should include the following four sections: 1) Identify and discuss two to three specific laws that apply to the company. For example, the laws mentioned in the EEOC readings. 2) Apply three general legal topics that were discussed in the required readings, i.e. Appendix B. Make sure you include in-text citations to the course materials, as failing to cite your sources will result in no credit in this section. The weekly lessons are not the required readings. The required readings are listed in the lessons section under “Required Readings.” 3) Discuss how the philosophy of economist Milton Friedman may have influenced the executives of the company. 4) Identify an ethical framework other than the shareholder theory that applies to this situation and discusses how it may have influenced the executives of the company. Solyndra and British Petroleum may not be used as your company for this assignment. Your essay should be 1800 – 2450 words and in APA format. Use at least seven credible sources for your essay, including at least two new sources from the University library (in addition to the course materials.) Submit this essay as a Microsoft Word attachment in the Assignment section of the class, no later than Sunday of week seven. You must support your statements with materials from the required readings in the course, as well as outside research. Cite your sources in APA format. An abstract is not needed. A great source for those unfamiliar with APA formatting is https://www.apastyle.org/learn/tutorials/basics-tutorial.aspx. All material must be appropriately cited with an in-text citation (author, date) and a reference page listing. The focus of this essay should be on legal concepts. Your discussion of the history of the company should consist of no more than one page of the essay. Unoriginal Content: Your essay may contain no more than 10% quotes from other sources. Paraphrase what you read instead of copying and pasting. You may not re-use work that you have submitted in previous classes. All work in this class must be original.

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