Rule Of Law

 

Rule of Law

The rule of laws on some of the topics were a little complex but they are set so everyone follows the rules and does the same thing. They are there to protect the rights of your company and the rights of your intellectual property. “Property: means all tangible property other than real property.” All the laws that we discussed are there for a reason.  If they were not there people could just steal all your property, like your songs, your images, and make a profit from it. “If a person is intent on lying, cheating, and stealing his way through a career, then he is unlikely to be dissuaded by anything in this or any other course. But for the large majority of people who want to do the right thing, it will be useful to study new ways of approaching difficult problems.”

“Unethical behavior is a risky business strategy—it may lead to disaster. An engaged couple made a reservation, and put down a $1,500 deposit, to hold their wedding reception at a New Hampshire restaurant. Tragically, the bride died four months before the wedding. Invoking the terms of the contract, the restaurant owner refused to return the couple's deposit. In a letter to the groom, he admitted, “Morally, I would of course agree that the deposit should be returned.” When newspapers reported this story, customers deserted the restaurant and it was forced into bankruptcy—over a $1,500 disagreement.⁵ Unethical behavior does not always damage a business, but it certainly has the potential of destroying a company overnight. So why take the risk?”

Beatty, J. F., & Samuelson, S. S. (2012). Introduction to Business Law, 4th Ed. South-Western College Pub