Business Ethics

Ethical Behavior
Integrity: characteristics when no one is watching
Dress Code:
Guys:
dress pants
button up shirts with button up collars
dress shoes with appropriately colored socks
tie
Ladies:
slacks or business suit
shoes not flip flops
Both:
no jeans
no flip flops
no ripped clothes
Business Casual:
Guys
khakis and a polo shirt, sperrys
Ladies
casual slacks dress down shoes blouse
Speaking
Everyday language (no overly complex)
Clear and complex
Do not memorize
Use hook
Strong conclusion
Thank audience
Dont read directly off notes
Have notes, use sparingly, with a glance
Do NOT read off the screen behind you
Ask questions to keep audiences attention
Terms
cooling off period: telemarketers and door to door salesman first 72 hours
implied contract: verbal agreement
fraudulent misrepresentation
Common Law
System of first laws ever founded in England, all except Louisiana (french)
Constitutional Law
Highest law of the land, foundation on which the US law was built
Regulatory Law
law that governs conduct of an administrative agency
Statutory Law
set down by a legislation that originates because something has happened

Arbitration
Solved outside of court, 3rd party reviews information, makes decision
Litigation
lawsuit
Mediation
Alternative dispute resolution, mediator, avoids court
Conciliation
conciliator, separately then together, trying to reach compromise
Adjudication
by judge in court, reviews evidence, comes to conclusion
Path of federal court system
District Courts
most federal begin in these
Civil and criminal cases
General Trial Court
Major civil case
Lower trial court
misdemeanors
Special Court
domestic relations
Appellate court
hear and review cases from lower courts,
intermediate
Supreme Court
Highest court in the land
very hard to be heard
constitutional laws
4 of 9 justices must agree
Embezzlement
money out of accounts without other parties knowledge
Extortion
shakedown
blackmail
Larceny
robbery
person present
burglary
person not present
Shoplifting
in GA $300 or less misdemeanor
over $300 felony
Negligence
breach of duty
failure to perform the care required (circumstance)

duty of care
failing to care for others (rights)
proximate cause
wrongful action
actual harm
financial, physical, emotional
Contracts
Implied
Nothing in writing, assumed intentions
Bilateral
act in exchange for act, Promisee, promiser
Express
usually in writing, spelled in writing
Unilateral
act in exchange for act. promisee only