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Can someone please help me answer these questions? I need to present them by 6/2/09. I will appreciate your help.
1.What is one way the U.S. legal system impacts U.S. businesses? How do specific aspects of the U.S. legal system contribute to furthering commerce? What would happen if that characteristic were not present in the legal system?
2.What are the risks that businesses and other organizations encounter when dealing with traditional litigation, and what measures can business managers take to reduce exposure to those risks?
4 answers
1. What is one way the U.S. legal system affects U.S. businesses?
There are several ways the legal system can affect businesses but the one way the U.S. legal system affect U. S. businesses are the antitrust law which changed the way businesses operate. This law controlled some a banned others in the way businesses compete/operate. This law would hinder business from competing in the way they desire to. This law was passed to enable every organization the same opportunity to gain access to the free enterprise system (Jennings, 2006).
2. How do specific aspects of the U.S. legal system contribute to furthering commerce?
The commerce is furthered by the international business and the creative business deals are accomplished to increase profits around the legal system.
3. What would happen if that characteristic were not present?
The area of tax law would be much less influential if the characteristics were not present.
Reference:
Jennings, M. (2006). Business: Its Legal, Ethical, and Global
Environment. Retrieved on December 15, 2009 from
Course Materials.
There are several ways the legal system can affect businesses but the one way the U.S. legal system affect U. S. businesses are the antitrust law which changed the way businesses operate. This law controlled some a banned others in the way businesses compete/operate. This law would hinder business from competing in the way they desire to. This law was passed to enable every organization the same opportunity to gain access to the free enterprise system (Jennings, 2006).
2. How do specific aspects of the U.S. legal system contribute to furthering commerce?
The commerce is furthered by the international business and the creative business deals are accomplished to increase profits around the legal system.
3. What would happen if that characteristic were not present?
The area of tax law would be much less influential if the characteristics were not present.
Reference:
Jennings, M. (2006). Business: Its Legal, Ethical, and Global
Environment. Retrieved on December 15, 2009 from
Course Materials.
2. Reflect on characteristics of the traditional litigation system, such as suit, discovery, trial, or jury. What is the risks organizations encounter when dealing with traditional litigation? What measures might managers take to reduce exposure to those risks?
Reflect on characteristics of the traditional litigation system, such as suit, discovery, trial, or jury. What is the risks organizations encounter when dealing with traditional litigation? What measures might managers take to reduce exposure to those risks?