BUSI 2601 Lecture Notes - Lecture 10: Future Shop, Mens Rea, Alan Eagleson
Document Summary
You need to understand the obligations that you need to face. Always negotiate exit strategy, how much you"re going to get when you leave: example; carleton president understood the exit door. Government and companies use information without your knowledge (tv hearing and recording and sending your sound/conversations, cameras on laptops: this generals lots of liabilities. Three groups of duties and liabilities: common law. If it"s not criminal then it"s automatically civil, it works my default. You have to have something that is criminal and stated as criminal to be criminal: criminal code, criminal legislation ex; health o. 2 types of crimes; regulatory offence (most common in business law, ex; assisted suicide), intentional crime (understood with the concept of mens rea, ex; fraud, first degree murder, insider trading) In business, people often don"t care because it"s not criminal, they just write the cheque. Avoid conflict of interest you can"t serve two masters at the same time.