2021FA-BUS-2220-DL01 Business Law I (...Description:Catherine Romanov was a loan officer who needed one last lodto make her quota for the month. Yvonne Gunner, who was omy afreshman in college, walked in one day for a loan for a newsoftware business she was starting. She had never dealt withbanks before and did not understand the nuances of loans butasked very good questions. Ms. Romanov, however, wwas ruthlessand intentionally did not answer the questions accurately. HadMs. Gunner received accurate answers to her questions, shewould not have taken the loan. After six months, Ms. Gunnerdefaulted on the loan, and the bank pursued her for payment.Does Ms. Gunner have any remedies?Vour response is due on or before 14 November 2021.Quizzes 6 - 8 are due 14 November 2021.uizzes 9 - 10- are due 21 November 2021.

Although it's wrong to be defaulted in the bank. Some borrower intentionally defaulted in the bank…

Answered: 2021FA-BUS-2220-DL01 Business Law I…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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The following information assumes that the CFA Institute Code of Ethics and Standards are applicable. Maria has recently joined the LLT group. Today a client approaches Maria for some investment advices on how to accumulate his personal wealth. Lenora, who is Maria’s supervisor, just walks past and overhears their conversation. Lenora asks Maria to convince the client to invest in a private equity fund. Maria has a different thought and believes the private equity fund could be too risky for the client. However, she wants to receive a good evaluation from the supervisor and hence she recommends the client to invest in the private equity fund for a good return. You are required to establish what is unethical and which Standard is most likely violated.
You find a valuable piece of jewelry while shopping at a retail store. Instead of turning it in to lost and found, you put it in your pocket under the principle that“Everyone else would take it, too.” Which ethical principle does this illustrate? a. Libertarian b. Generalization c. Universal d. Religious
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c) Shahjalal Pharma is manufacturing a medicine for curing AIDS. They advertised in an [ international magazine saying that whoever consumes this medicine will not suffer from AIDS. Mr. Rahim read this advertisement in the magazine, purchased the medicine and consumed it. However, 3 years later, he got tested HIV positive. So, he claimed a compensation of Tk. 1,00,000 as the company advertisement proved to be wrong, and this became life-threatening for him. Interpret the chances of the success of the claim based on its validity.
Explain the American Recovery and Reinvestment Act (2009).
i. Evaluate any four (4) reasons why different professions are remunerated differently ii. Outline any two (2) types of financial risks in the exchange of securities and assets. iii. Discuss any three (3) costs of protectionism.
You are required discuss the appropriate defense for each of the scenario below. • A statement made in the federal Parliament • A statement made in a press conference • A political cartoon in a newspaper • A complaint about a lawyer made to the Law Society
How to respond to this in 100 words? Ethics and strategic management relates because both weighs heavily on making sound decisions for the business and being held accountable for individual at risk behaviors. One benefit of utilizing ethics in an organization is that it creates a trustworthy environment in which the company has confidence in their employees to do the right thing. Another benefit for utilizing ethics is having high performing employees who have regards for both the business aspect of the company and possessing the responsibility for making solid moral decisions. “Managerial ethics refers to an individual’s responsibility to make business decisions that are legal, honest, moral, and fair” (Parnell, 2017, p. 116). For managers, it is also their moral responsibility to make sure that employees are in compliance with their work obligations and conduct themselves in a professional manner. “As a consequence, management needs to confront the challenge of balancing the…
6. Do you support the proposed Internet Gambling Regulation, Consumer Protection, and Enforcement Act? Why or why not?
Agency Issues. One of the “Finance through the Ages” episodes that we cited is the 1993 collapse of Barings Bank, when one of its traders lost $1.3 billion. Traders are compensated in large part according to their trading profits. How might this practice have contributed to an agency problem?
Several years ago, one of my CBA students (who rode a motorcycle - and so did her kids) wrote a paper on mandatory helmet laws for motorcyclists (i.e., wear a helmet or get a ticket). In this question, consider the opposite kind of law. A) Is it possible that banning motorcycle helmets - i.e., making it illegal for a motorcyclist to wear a helmet - could reduce motorcycle fatalities? Explain carefully. B) If banning motorcycle helmets did indeed reduce motorcycle fatalities, would that be conclusive evidence that such ban would be desirable? Explain carefully. C) If banning motorcycle helmets did indeed reduce motorcycle fatalities, would that be conclusive evidence that such ban would be undesirable? Explain carefully.

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