Assignment:
Question 1. Identify the sources of American Law and discuss how each impacts the business environment.
A. If disputes arise in a business relationship, how are they resolved? Discuss the role of the Judiciary and other methods of dispute resolution.
B. In light of recent developments, discuss the relevance of ethic in business. Is it enough to simply conduct business “legally”?
Question 2. Distinguish criminal behavior from tortuous behavior and discuss the rise of cyber torts and cyber-crimes. What challenges has the use of the Internet created for businesses and how are those challenges being met? Agency, Employment Law, and Property
Question 3. Has the explosion of e-commerce altered the way legally binding contracts are formed? Compare and contract traditional contract formation with those entered into electronically.Agency, Employment Law, and Property
Question 4. Where does the UCC derive from? What can it do for merchants that the common law can’t in terms of contract formation, performance and remedies? And what value do warranties have over the other common law principles of negligence and strict liability?