Chapter 11, Problem 7ICA

Did owner's equity increase or decrease?

I want Answer

Referring to section “The WH Framework for Business Ethics” of Ch. 2, “Business Ethics” of Dynamic Business Law for information on the WH Framework.   Reviewing the scenario and complete the activity below. This scenario can also be found in the “Questions & Problems” section of Ch. 2, “Business Ethics” in Dynamic Business Law. Scenerio  Steven J. Trzaska was the head of L’Oreal USA’s regional patent team, managing the procedure by which the company patented products. As an attorney barred in Pennsylvania, Trzaska had to adhere to professional rules of conduct established by the Supreme Court of Pennsylvania in addition to rules promulgated by the US Patent and Trademark Office (USPTO). In 2014, L’Oreal S.A., the French parent company of L’Oreal USA, enacted a global quota of patent applications each regional office had to file each year. Employees were informed that failure to meet the quota would negatively impact their careers and even their continued employment at L’Oreal.…