Assignment: Regulation And Administrative Law
Part 1: Regulation and the Greater Good
After viewing "The Crisis of Credit Visualized" vimeo video, respond to each of the following:
Ø How could government regulations have prevented or mitigated the credit crisis of 2008?
Ø Discuss whether too much governmental regulation of business or too little governmental regulation of business presents the greater danger to:
the greater good
business
Part 2: Administrative Law and Business
Some argue that government needs to increase its regulation of business for the good of society as a whole. Others believe that the marketplace is self-regulating and that government intervention through needless regulation places an unfair, costly burden on businesses in general and on small businesses in par¬ticular.
Ø What role do you believe government regulation should play to ensure ethical conduct by businesses?
Ø How do different political viewpoints potentially shape the answer to this question?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.
Supplemental Resources
This unit deals with contract and elements of same. Watch the youtube video: "Contract Formation (Part 1: The Four Elements) - by Jenny & Felicia".
Required Resources
Text
Seaquist, G. (2012). Business law for managers [Electronic version]. Retrieved from https://content.ashford.edu/
Please read the following chapters in: Business law for managers:
Ø Chapter 5: Administrative Law
Ø Chapter 9: Contracts, Part I: Introduction and Formation
Ø Chapter 10: Contracts, Part II: The UCC
Ø Chapter 11: Contracts, Part III: Risk of Loss Rules, Negotiating
Ø Contracts, and Working with an Attorney
Multimedia
The Crisis of Credit Visualized (Links to an external site.) on Vimeo. (n.d.). Vimeo, Your Videos Belong Here.