Administrative Law and Business

Required Text

1. Please read the following chapters in: Business Law for Managers:
   1. Chapter 5: Administrative Law
   2. Chapter 9: Contracts, Part I: Introduction and Formation
   3. Chapter 10: Contracts, Part II: The U.C.C.
   4. Chapter 11: Contracts, Part III: Risk of Loss Rules, Negotiating Contracts, and Working with an Attorney

Multimedia

1. The Crisis of Credit Visualized on Vimeo. (n.d.). Vimeo, Your Videos Belong Here. Retrieved October 19, 2012,  from http://vimeo.com/3261363

Discussions

To participate in the following discussions, go to this week’s Discussion link in the left navigation.

1. Regulation and the Greater Good

   After viewing The Credit Crisis Visualized at  http://vimeo.com/3261363, answer each of the following parts of this question:

   1. How could government regulations have prevented or mitigated the credit crisis of 2008?

   2. Discuss whether too much governmental regulation of business or too little governmental regulation of business presents the greater danger to:

   a. the greater good

   b. business

    

2. Administrative Law and Business 

   Administrative Law and Business. Some argue that government needs to increase its regulation of business for the good of society as a whole, while others believe that the marketplace is self-regulating and that government intervention through needless regulation places an unfair, costly burden on businesses generally and small businesses in par¬ticular. What role do you believe government regulation should play to ensure ethical conduct by businesses? How do different political viewpoints potentially shape the answer to this question?

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