Contract
Breach of contract
This Number is assigned by the IRS for businesses to use when Preparing Federal tax returns and forms.
Employer Identification Number
Promoting the Welfare of others.
Philanthropy
Rules of behavior based on a group's ideas about what is right and wrong.
Ethics
Overstating the Features and benefits of products or making false claims about them.
False Advertising
a contract to rent something.
Lease
Laws that support fair business practices in a free market economy.
Antitrust Laws
Enforces Laws that uphold the truth in advertising.
The Federal Trade Commission (FTC)
The Honesty of a person's actions and an individual's ideas of what is right and wrong are...?
Integrity and Morals
Specific information about a company or its employees is never shared, except with those who have clearance to receive it.
Confidentiality
Regulates how contracts are written, executed, and enforced.
Contract Law
Establishes the allowable AIR & WATER pollutant levels emitted by US Businesses.
Clean Air act & Clean Water Act
The US Equal Employment Opportunity Commission (EEOC)
A handbook that outlines expectations of employee behavior.
DAILY DOUBLE!!!!
Code of conduct
Describes how the owners of a company think, feel, and act as a business.
Corporate Culture
When a person is legally able to enter into a binding agreement.
Capacity
Employers cannot discriminate based on the race, color, religion, national origin, or gender of an individual. What specific Law is this?
Title VII of the Civil Rights Act-Title 7 (1964)
What are the 8 basic consumer rights?
Right to :
safety, to be informed, to choose freely, to be heard, safety basic needs, to redress, consumer education, a healthy environment.
Code of Ethics is a document dictating how business should be conducted. What questions should be used to analyze if the action is ethical?
Is the Action legal?
Confidentiality of the company be protected?
Who is affected by these actions?
Is the information Presented Factual and honest?
2 part question!
_________ is any work created by a company employees on the job that is owned by that company.
& Also may be called a _________ because it is confidential information a company needs to keep private and protect from theft.
Proprietary Information & Trade secret
The Requiring elements of a legal contract.
Offer, Acceptance, Consideration
Businesses are subject to various laws and regulations which include:
Fair Competition, E-commerce, Business finances, Environmental Protection.
Sets rules for commercial E-mail messages and gives recipients the right to stop receiving unwanted e-mails.
CAN-SPAM Act (2003)
All the parts of Business Ethics
Code of ethics, Code of conduct, confidentiality, and honesty.
2 part question!
_________is Behaving with sensitivity to social, environmental, and economic issues. &__________ includes all the actions taken by a business to promote social good.
Social Responsibility & Corporate Social Responsibility