1. An agency contract can be terminated by an act of the parties (principal and agent), by changed circumstances, by impossibility of performance, and by operation of law (Cheeseman 2013, p.495). In this case study, Potter terminated Aker as his sales agent terminating the agency, and the principal-agent relationship. Since Aker dealt with about 200 customers during his tenure as an agent, Potter must properly notify all these customers by means of a Notice of Termination stating that agency relationship has been terminated. This would allow Potter to protect himself from any potential liability and warn the customers that Aker is not any longer serving as an Agent for his company.
Employment-at-will is defined in the KFF employee handbook as the employer or employee having the right to terminate the employment relationship at any time for any reason. According to the employee handbook, "you or KFF [may] terminate your employment at any time for any reason" (University of Phoenix [UOP], 2006). Therefore, KFF does indeed have the legal right to move forward with their plan. What obligations does Kudler have to its employees? If KFF moves forward with laying off employees, "word of cutbacks should come directly from an affected employee's manager and not from a mass e-mailing or companywide announcement [m]ore lawsuits are initiated and contemplatedand more emotional damage is doneduring that short moment when a manager lets [an employee] go."
Insider trading is when information is used to make a timely sale when the public doesn’t have access to the same information (Boatright, 2013). The law requires that if the information is considered important by a reasonable investor then it is illegal insider trading (Henning, 2012). Mr. Waksal knew about the FDA rejection of his company’s drug trial and tried to sell all his stocks before the public got a chance to review the same information and perhaps be able to execute similar sell orders. Normative ethical theory is the study of “What constitutes an acceptable ethical standard for business practice, and by what authority is the standard acceptable?” (Arnold, Beauchamp, Bowie, 2013, p. 17) Utilitarian, Kantian, and Virtue theories will be compared against Ms. Stewart’s actions in the ImClone
Marijuana used to be legal in the mid-1930s, “until the Marijuana Tax Act of 1937 was passed by Congress” (Drug Legalization) . Congress passed this to make it illegal to have sold marijuana to anyone without having tax on the product (Drug Legalization). From that point on, marijuana was made illegal because of the few tax stamps that were being sold. During the 1970’s and the 1984’s, Congress was revoking laws that involved drug offenses (Drug Legalization). At the same time, the federal government was toughening the drug sales and possession laws (Drug Legalization).
The government even created the movie called “Reefer Madness” which is a 1936 movie that wanted to make people believe that when people smoke marijuana then they would become crazy. Starting from a hit and run accident, to manslaughter, suicide, attempted rape, and descent into madness. Our government in the beginning simply wanted to dilute everyone and make racist ideas and thoughts posted with marijuana. The first topic I am going to address on is the liberties of the American people. As an American we have certain rights and choices that are free unto us as long as it is not in direct endangerment of someone else’s health or your own.
Potentially highly qualified individuals are immediately dismissed because of their past mistakes. That is why it is imperative for the United States Legislature to pass a law that would prohibit potential employers from asking an applicant about their convictions until after the initial application process. With the numbers of individuals being incarcerated in the United States increasing on a consistent basis, the potential work pool for employers to choose from is decre... ... middle of paper ... ...riminology.fsu.edu. N.p., n.d. Web.
Originally Kraft wanted to place an injunction to stop Starbucks from the breach of contract unt... ... middle of paper ... ...ed the legal dispute by honoring the contract with Kraft. The breach of contract is illegal and unethical. Starbucks made the decisions that the legal consequences of breaching their contract with Kraft was worth it. Each business must weigh the cost of every option and decide which direction to take. Most companies avoid legal disputes to reduce operating costs.
Most likely, our employees would have signed a non-solicitation clause and our company can search prior phone records for evidence. In this case, the former manager is in violation of the agreement because he is taking our current employees. If our past employees continued to hurt our reputation then we could sue them for damages if there was intent to hurt our company under defamation. Concerning our employment ad, it is legal, but risky to advertise it. The only discrimination we could possibly be held liable for is the family requirement.