17-1 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved.

17-2 Maintaining Good Government Relations And Business Ethics Legal System & Basic Laws Legal System & Basic Laws Role Of Government Assistance Role Of Government Assistance Government Regulations & Paperwork Government Regulations & Paperwork Choosing A Lawyer Choosing A Lawyer Ethical/Socially Responsibility Ethical/Socially Responsibility Chapter 17

17-3 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Legal Terminology Law  Statutory  Common Interstate Commerce Clause Police Power Due Process

17-4 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Government Branches LegislativeExecutiveJudicial Hisham F. Ibrahim/Getty Images PhotoLink/Getty Images

17-5 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Types Of Law PublicCriminalPrivateCivil

17-6 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Articles of Uniform Commercial Code  General Provisions  Sales  Commercial Paper  Bank Deposits & Collections  Letters Of Credit  Bulk Transfers  Documents Of Title  Investment Securities  Secured Transactions

17-7 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Tort “…a wrongful act by one party, not covered by criminal law, that results in injury to a second party’s person, property, or reputation, for which the first party is liable.”

17-8 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Tort Law Provides Means For Compensation Laws Deal With  Duties & Compensation  Faulty Products Or Actions Of Others

17-9 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Bankruptcy “…a formal legal condition of inability to repay debts. People or businesses can petition the courts to be relieved of the financial obligation.”

17-10 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Types Of Bankruptcy  Chapter 7 – Personal, Ordinary/Straight  Chapter 11 – Reorganization  Chapter 13 – Business, Ordinary/Straight Ryan McVay/Getty Images

17-11 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Government Help- Small Business + Small Business Administration Service Corps Of Retired Executives –

17-12 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Department Of Commerce International Trade Administration International Trade Administration U.S. & Foreign Commercial Service Agency U.S. & Foreign Commercial Service Agency Minority Business Development Agency Minority Business Development Agency U.S. Census Bureau U.S. Census Bureau Jason Reed/Getty Images

17-13 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Department Of Agriculture Cooperative Extension Service Federal Land Bank Association Production Credit Association Farmers Home Administration

17-14 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Government Regulations & Paperwork Dealing With Regulatory Agencies Benefits Of Government Regulation Problems With Government Regulation  Difficulty Understanding  Enormous Amount Of Paperwork  Difficulty/Cost Of Compliance  Discourages Firms From Hiring PhotoLink/Getty Images

17-15 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Laws & Employee Number For Compliance LawEmployee #  Occupational Safety & Health Act10  Federal Civil Rights Laws15+  Americans With Disabilities Act15  Family Medical Leave Act50  Worker Adjustment & Retraining Act 100

17-16 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Coping With Government Regulations Learn Learn Challenge Challenge Get Involved Get Involved Better Environment Better Environment Live With It Live With It Jack Hollingsworth/Getty Images

17-17 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Choosing Lawyer Education Knowledge Of Law See Big Picture Weigh Alternatives PhotoLink/Getty Images

17-18 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Where To Look For Lawyer Personal Referral Martindale-Hubbell Law Directory- Lawyer Referral & Information Services Advertising Scott T. Baxter/Getty Images

17-19 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. What To Look For In Lawyer Experience In Your Type Of Business Experience In Your Type Of Business Compatibility Compatibility Availability Availability Cost Cost Royalty-Free/CORBIS

17-20 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Sample Contract- Lawyer Services

17-21 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Social Responsibility “…a business’s obligation to follow desirable courses of action in terms of society’s values and objectives.”

17-22 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Business Forms Of Social Responsibility 1. Consumerism 2. Employee Relations 3. Environmental Protection 4. Community Relations

17-23 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Environmental Protection Balance Between People & Environment Pollution Control Conservation

17-24 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Community Relations  Educational/Medical Assistance  Urban Development/ Renewal  Arts, Culture, & Recreation S. Alden/PhotoLink/Getty Images

17-25 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Business Ethics “…the standards used to judge the rightness or wrongness of a business’s relations to others.”

17-26 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Ethics Lapses In Workplace Percent Of Employees Reporting Observation Of A Given Type Of Ethical Lapse

17-27 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Youth Question Ethics

17-28 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Personal Ethics Points  Control Your Attitude  Control Your Associations  Control Your Discipline  Work On Yourself

17-29 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. “Four Way Test” Of Self 1) Truth? 2) Fair To All? 3) Build Goodwill? 4) Beneficial To All?

17-30 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved. Federal Sentencing Guidelines For Organizations Clear Standards Ethics Training Reporting System Track Record For Discipline S. Meltzer/PhotoLink/Getty Images