Facts: Mr. Belton with three other persons was in an over speeding car and were arrested by trooper for over speeding. In the process, the police discovered an envelope of marijuana and as a result decided to search further and he found Bolton’s jacket with cocaine. Bolton was charged by the Supreme Court for having… Read More »
The main reason of including damages to the law is to put the plaintiff in the position where he would have initially been if the contract had not been breached. This is important in making the conduct of business fair to both patties.
According to the law, once the consumer has decided to take the step of engaging himself in a business transaction, it is assumed that the consumer takes full responsibility of anything that happens after that. However, this is not usually the case. There are a number of times when a consumer might not really understand… Read More »
A contract refers to any agreement between two or more parties intended to create legal relations, rights or consequences for breach unless expressed otherwise (Tilbury, 2006). It can be oral or written and both are legally acceptable unless the law specifies that a particular contract must be done in writing. In Paul v Wallopers Ltd,… Read More »
Sample Term Paper The legislation also required companies to protect whistleblowers from retaliation when they report suspected fraud. Initially, lawyers thought it might be too easy for employees to make frivolous claims of fraud while hiding behind the law. Sarbanes-Oxley was seen as very employee-friendly.
Sample Term Paper The issues that are presented to the business world as a result of the Sarbanes Oxley Act pertain to the high costs of implementing the SAO regulations and guidelines which cause excessive burden on the funds and profit margins of companies in the public sector.
Sample Term Paper There are some of the issues that can arise due to application of the recommended changes that have been suggested. Example by reducing the compliance requirements for the auditing and the accounting practices can increase discrepancies in the accounting strategies employed by the companies in the private sector.
Sample Term Paper It is possible to reduce some of the problems and the issues that are created with the establishment of the Sarbanes Oxley Act. The steps that have to be taken to make Sarbanes Oxley Act friendlier for the businesses and less tiresome for the management and the companies operating in the public… Read More »