During the semester, we have started every class with discussing a current event and analyzing it from a legal point of view. Finally, we discussed the business implications of such legal assessment and the steps a business-person could take to protect against the risks caused by these events. For instance, during the Chapter on contracts, we discussed the implications of the Coronavirus. First, we discussed how the World Health Organization categorized it then as an epidemic. Then we discussed how that could be considered as an event rendering a contract impossible to perform (Force Majeure). Finally, we talked about the possible ways a business-person could reduce such risks (e.g., including such protection in the contract and purchasing the necessary insurance in advance).

For your class project, write a 1000-work paper following the same approach and covering the following elements:

1. Pick a relevant and current event.

2. Describe how this event relates to one of the topics covered during the course (for instance, contracts, documentary sales, international transportation, World Trade Organization, public international law, intellectual property, trade sanctions).

3. Conduct a legal assessment of such event applying the elements discussed in the relevant chapter.

4. Discuss the business implications of such event and what steps a business-person could take to reduce the risks presented by the situation or benefit from it.

What is the Homeland Secuirty Act of 2002? How did it come about, and what did it do? Explain in FULL detail.

“Good leaders are not necessarily good managers, and good managers are not necessarily good leaders.” (Kinicki text, p. 327) Most people confuse leadership and management. We have learned that leadership and management are different skills. Demonstrate that you understand the difference in this case study.

Think of someone you know personally (not a public figure), and consider to be a good leader.

1. What are the behaviours of this specific leader that distinguish them from being a manager? Give specific examples this person does. Table 10.2 on page 327 of your text will provide you with some ideas regarding leader behaviours.

Question 1.
Taxation, though is now considered a separate field of study, can still be best described as Fiscal Policy tool for public Economic Governance and Financial Accountability for Development. The conclusion of the matter therefore is that "Fiscal Challenges and Debt problem are the results of weak Economic Governance particularly due to the poor strategic Management of Optimal Tax policy from Tue Fiscal/Budgetary Input Dynamics point".

Thus,' the more government income is 'earned', the more likely are state-society relations to be characterized by accountability, responsiveness and democracy. Tax's are therefore the very legal Consideration of the Social Contract for the Fiscal Governance of Modern States". Discuss.

what will happen when a social objectives conflicts with the organizations economic objectives

Suppose that the true model is y = β0 +β1x+u. You decided to run the model without the intercept term.

1. Under what circumstance(s) would the coefficient term in your model (without the intercept term) be an unbiased estimator.

2. Your boss likes your model choice because the conditional variance of your estimator is the most efficient (between the two model choices). Evaluate your boss’s statement.

• Describe labor and other resource markets. How is the market for labor similar to and different from the markets for steel or other factors of production? What can a firm do to ensure a dependable supply of these resources?
• Look up the concept of a spillover effect and explain how unions have benefited workers who have never been a member of a union.
• Union membership for non-government workers has fallen dramatically over the last 30 years, yet government workers are becoming ever more and more unionized. Why do you think that is true?
• Would you expect the presence of labor unions to lead to higher or lower pay for worker-members, both in the short and long run?
• Would you expect a higher or lower quantity of workers hired by those employers? What effect would you expect this to have on a company's bottom line? As a union member, would you accept higher pay if you knew that would result in layoffs? Explain briefly.
• Will union membership continue to decline? Why or why not?

How has the European Central Bank influenced the growth of trade?

Explain how the Internet has affected the average fixed cost of a daily print newspaper.

Tim and James are neighbours in a flat. Tim is a musician who likes to compose loud music at home while James is a full time student who needs a quiet environment to stay at home. James consider the loud music from Tim as noise and disturb him in his study. Assume that the music provides a benefit of $60 to Tim but cost James $90.

(a) If Tim is not liable for the noise and both parties can negotiate at no cost, what will be an efficient outcome?

(b) If the law requires Tim to observe silence and can only make noise with James approval and both parties can negotiate with no cost, what will be an efficient outcome?

(c) If the negotiation cost is $50, under what situation will the efficient outcome occur?