MGMT 520 Midterm Exam

MGMT 520 Legal, Political and Ethical Dimensions of Business - DeVry 

1. TCO B. Infuriated when Harry Reid is re-elected during the 2010 fall election, the Republican National Committee decides to take matters into its own hands. In 2011, the House of Representatives passes a new "Freedom isn't Free Act" that requires that anyone who wants to vote in the 2012 presidential election must prove that they paid at least $200 in federal income tax in the past year, including people aged 18 (who typically are deducted on their parents' returns and do not pay income tax)……………..(Points : 15)
2. TCO F. In Midler v. Ford Motor Co., Bette Midler sued Ford for unauthorized appropriation. Explain whatappropriation is. Tell me what type of civil claim appropriation is and what a person has to prove to win damages for it. (short answer only) (Points : 15)
3. TCO C  One summer, David Baxter and his wife, Melissa, were on their new boat with another couple, tubing on the Mississippi river. David and the other couple had been drinking all day, "about seven or eight beers each and some Crown Royal," although Melissa wasn't drinking due to being pregnant……………
   
   (15 points) What legal theories of defense can and should each of the above three parties use? Provide support for your answer. (Points : 40)
4. TCO D. (This is a fictional scenario.) Billy Joel decided he wanted to learn to play the violin for his next set of concerts. He called a violin salesman in New York and asked if he had any for sale. The salesman stated he had a Stradivarius and a Guarnerius (two famous brands of violins) and offered to sell them to Billy for $80,000 and $24,000, respectively. Billy agreed, over the phone, to purchase the violins from the salesman and told him…………...Explain your answer fully as to the why's, wherefore's, and why not's for both parties. Use bullet points and "issue spotting" to assist you in your answer.(Points : 40)
5. TCO I. Marianne Jennings wrote an article, "Why an International Code of Ethics would be good," which was assigned to be read at the beginning of the course. As you have worked throughout this session, you should have considered this article and how it may or may not have impacted different situations in the world economic/business/legal/political environments………………….Feel free to argue both sides of this, and include in your answer, please, at least two or three things you would have included (or Marianne Jennings recommended to include) in an international code of ethics and how that would (or wouldn't) really have impacted the Toyota crisis. Evaluate, analyze, and synthesize your answer using everything you have learned this session about ethics, law, politics, and business.(Points : 40)
6. TCO A. Use the fact pattern you received in the above Marianne Jennings "International Code of Ethics" question to answer this question. Analyze and propose a solution to the problem you received above using the Laura Nash method. Show the steps, apply the facts, and provide a proposed solution you would suggest. (Points : 40)