Assignment task: Answer the following questions and cite sources
1. Find a company that has been embroiled in an ethical dilemma. -What is the name of the company? -What was the situation? -Was it resolved (did the company stay in business)? If the company is still in business, how was it resolved? -What could have been done to prevent this from happening?
2. Find a case where a company/organization went through arbitration or mediation to settle a dispute. - Who were the entities involved in the dispute? - What was the dispute? - How was it resolved? -Was the National Labor Relations Board Involved?
3. Explain Red Lining -Give examples of banks or insurance companies that have done this. -What were the penalties for redlining? -Why did the bank or insurance company d o this? -Do you believe these organizations still do this today?
4. Explain the home buying/selling process, including the following: Select (2) banks or (2) mortgage companies, what are the interest rates for a 30-year loan and a 15-year loan. -What are the types of mortgages and the implications of longer mortgages? -Define short sale and explain why a person would want to do this -Explain tax liens -Explain how and why could someone assume a loan?