McGraw-Hill/Irwin 17-1 © 2006 The McGraw-Hill Companies, Inc All rights rese Chapter 17 Maintaining Good Government Relations And Business Ethics Legal System & Basic Laws Role Of Government Assistance Government Regulations & Paperwork Choosing A Lawyer Ethical/Socially Responsibility 17-2 Legal Terminology Law Statutory Common Interstate Commerce Clause Police Power Due Process McGraw-Hill/Irwin 17-3 © 2006 The McGraw-Hill Companies, Inc All rights rese Government Branches Legislative Executive Judicial PhotoLink/Getty Images Hisham F Ibrahim/Getty Images McGraw-Hill/Irwin 17-4 © 2006 The McGraw-Hill Companies, Inc All rights rese Types Of Law Public Criminal Private Civil McGraw-Hill/Irwin 17-5 © 2006 The McGraw-Hill Companies, Inc All rights rese Articles of Uniform Commercial Code General Letters Of Credit Bulk Transfers Provisions Documents Of Sales Title Commercial Investment Paper Securities Bank Deposits & Secured Transactions Collections McGraw-Hill/Irwin 17-6 © 2006 The McGraw-Hill Companies, Inc All rights rese Tort “…a wrongful act by one party, not covered by criminal law, that results in injury to a second party’s person, property, or reputation, for which the first party is liable.” McGraw-Hill/Irwin 17-7 © 2006 The McGraw-Hill Companies, Inc All rights rese Tort Law Provides Means For Compensation Laws Deal With Duties & Compensation Faulty Products Or Actions Of Others McGraw-Hill/Irwin 17-8 © 2006 The McGraw-Hill Companies, Inc All rights rese Bankruptcy “…a formal legal condition of inability to repay debts People or businesses can petition the courts to be relieved of the financial obligation.” McGraw-Hill/Irwin 17-9 © 2006 The McGraw-Hill Companies, Inc All rights rese Types Of Bankruptcy Chapter – Personal, Ordinary/Straight Chapter 11 – Reorganization Ryan McVay/Getty Images Chapter 13 – Business, Ordinary/Straight McGraw-Hill/Irwin 17-10 © 2006 The McGraw-Hill Companies, Inc All rights rese Coping With Government Regulations Learn Challenge Get Involved Better Environment Live With It Jack Hollingsworth/Getty Images McGraw-Hill/Irwin 17-16 © 2006 The McGraw-Hill Companies, Inc All rights rese Choosing Lawyer Education Knowledge Of Law See Big Picture Weigh Alternatives PhotoLink/Getty Images McGraw-Hill/Irwin 17-17 © 2006 The McGraw-Hill Companies, Inc All rights rese Where To Look For Lawyer Personal Referral Martindale-Hubbell Law Directory- Scott T Baxter/Getty Images Lawyer Referral & Information Services Advertising McGraw-Hill/Irwin 17-18 © 2006 The McGraw-Hill Companies, Inc All rights rese What To Look For In Lawyer Experience In Your Type Of Business Compatibility Availability Cost McGraw-Hill/Irwin Royalty-Free/CORBIS 17-19 © 2006 The McGraw-Hill Companies, Inc All rights rese Sample ContractLawyer Services McGraw-Hill/Irwin 17-20 © 2006 The McGraw-Hill Companies, Inc All rights rese Social Responsibility “…a business’s obligation to follow desirable courses of action in terms of society’s values and objectives.” McGraw-Hill/Irwin 17-21 © 2006 The McGraw-Hill Companies, Inc All rights rese Business Forms Of Social Responsibility Consumerism Employee Relations Environmental Protection Community Relations McGraw-Hill/Irwin 17-22 © 2006 The McGraw-Hill Companies, Inc All rights rese Environmental Protection Balance Between People & Environment Pollution Control Conservation McGraw-Hill/Irwin 17-23 © 2006 The McGraw-Hill Companies, Inc All rights rese Community Relations Educational/Medical Assistance Urban Development/ Renewal Arts, Culture, & Recreation McGraw-Hill/Irwin S Alden/PhotoLink/Getty Images 17-24 © 2006 The McGraw-Hill Companies, Inc All rights rese Business Ethics “…the standards used to judge the rightness or wrongness of a business’s relations to others.” McGraw-Hill/Irwin 17-25 © 2006 The McGraw-Hill Companies, Inc All rights rese Ethics Lapses In Workplace Percent Of Employees Reporting Observation Of A Given Type Of Ethical Lapse McGraw-Hill/Irwin 17-26 © 2006 The McGraw-Hill Companies, Inc All rights rese Youth Question Ethics McGraw-Hill/Irwin 17-27 © 2006 The McGraw-Hill Companies, Inc All rights rese Personal Ethics Points Control Your Attitude Control Your Associations Control Your Discipline Work On Yourself McGraw-Hill/Irwin 17-28 © 2006 The McGraw-Hill Companies, Inc All rights rese “Four Way Test” Of Self 1) Truth? 2) Fair To All? 3) Build Goodwill? 4) Beneficial To All? McGraw-Hill/Irwin 17-29 © 2006 The McGraw-Hill Companies, Inc All rights rese Federal Sentencing Guidelines For Organizations Clear Standards Ethics Training Reporting System S Meltzer/PhotoLink/Getty Images Track Record For Discipline McGraw-Hill/Irwin 17-30 © 2006 The McGraw-Hill Companies, Inc All rights rese ... McVay/Getty Images Chapter 13 – Business, Ordinary/Straight McGraw-Hill/Irwin 17-10 © 2006 The McGraw-Hill Companies, Inc All rights rese Government HelpSmall Business +Small Business Administrationwww.sba.gov... McGraw-Hill/Irwin 17-6 © 2006 The McGraw-Hill Companies, Inc All rights rese Tort “…a wrongful act by one party, not covered by criminal law, that results in injury to a second party’s person, property, or reputation,... “…a business s obligation to follow desirable courses of action in terms of society’s values and objectives.” McGraw-Hill/Irwin 17-21 © 2006 The McGraw-Hill Companies, Inc All rights rese Business