Management and Organizational Studies 2275A/B Chapter Notes - Chapter 1: Business Ethics

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Document Summary

Chapter 1 knowledge of law as a business asset. Law: the set of rules and principles guiding conduct in society. Criminal code of canada breaking into another person"s house, assaulting someone, or committing a commercial fraud. Personal information protection and electronic documents act businesses are legally required to protect their customers" personal information. Criminal code of canada/- business is required to treat humanely any animals in its care. Tanning beds act (nova scotia) ban anyone under the age of majority (18 19) from using tanning beds. Anti-spam legislation: - from fine(a per spam penalty*# of spam) to imprisonment. Contract law: rules that make agreements binding and therefore facilitate planning and the enforcement of expectation. Litigation: the process involved when one person sues another. Mediation: a process through which the parties to a dispute endeavour to reach a resolution with the assistance of a neutral person.

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