short answer exam 1

Answer the following questions. Short answers.

1. Discuss issues/problems with the The Foreign Corrupt Practices Act of 1977 (FCPA).

2. Explain and give examples of how the 4th, 5th, and 6th Amendments to the Constitution are applicable to business/businesses.

3. Identify the four main types of business organizations and explain the pros and cons of each.

4. List and explain the major functions of agencies.

5. List and explain the various forms of price fixing.

6. Explain what, if any, updates have been made to the Sarbanes-Oxley Act of 2002 (SOX).

7. Assume your employer was hacked and private information of your customers was part of the hack. What laws may be related to this situation and what liability would the employer have?

8. Discuss and explain Superfund. Is it still a major force today?

9. Explain the protections individuals have from sexual harassment now and if the climate really has improved.

10. Describe, detail, and explain the Fair Labor Standards Act (FLSA) and its purpose.

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