Regulation and administrative law | Law homework help
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Part 1 and Part 2 must be at least 150 – 200 words unless otherwise noted. Please read all attachments and follow all instructions.
Part 1: Regulation and the Greater Good
After viewing The Crisis of Credit Visualized https://vimeo.com/3261363
video, respond to each of the following:
Ø How could government regulations have prevented or mitigated the credit crisis of 2008?
Ø Discuss whether too much governmental regulation of business or too little governmental regulation of business presents the greater danger to:
the greater good
business
Part 2: Administrative Law and Business
Some argue that government needs to increase its regulation of business for the good of society as a whole. Others believe that the marketplace is self-regulating and that government intervention through needless regulation places an unfair, costly burden on businesses in general and on small businesses in particular.
Ø What role do you believe government regulation should play to ensure ethical conduct by businesses?
Ø How do different political viewpoints potentially shape the answer to this question?
Supplemental Resources
This unit deals with contract and elements of same. Please watch at your convenience.
http://www.youtube.com/watch?v=s6-iXSJTKRA
Required Resources
Text
Seaquist, G. (2012). Business law for managers [Electronic version]. Retrieved from https://content.ashford.edu/
Please read the following chapters in: Business law for managers:
Ø Chapter 5: Administrative Law
Ø Chapter 9: Contracts, Part I: Introduction and Formation
Ø Chapter 10: Contracts, Part II: The UCC
Ø Chapter 11: Contracts, Part III: Risk of Loss Rules, Negotiating
Ø Contracts, and Working with an Attorney
Multimedia
The Crisis of Credit Visualized (Links to an external site.) on Vimeo. (n.d.). Vimeo, Your Videos Belong Here. Retrieved October 19, 2012, from http://vimeo.com/3261363.
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