Business Law @ Brilliant Answer

Purpose of Assignment

Law impacts how business operations perform. With globalization, the law's impact and corresponding business risks have grown. The student will learn to consider how and when a business risk should be pursued under traditional litigation (lawsuit, answer, and discovery) and where alternative dispute resolution methods are appropriate in both domestic and international disputes.   

Assignment Steps 

Resources:  Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues:  Ch. 1, Ch. 2 (pp. 23-32), Ch. 3, Ch. 4 and Ch. 26; sites such as: Public Library of Law, Law Library of Congress, and Justia Virtual Chase law database. 

Select a business or industry with which you are familiar and develop an analysis including the following for the chosen business or industry:

· Identify and explain at least two ways the U.S. legal system affects that business or industry.

· Examine the risks that business or industry encounters when dealing with traditional litigation (suit, answer, discovery, trial) and what measures business managers can take to reduce exposure to those risks.

· Choose a recent (within the last five years) global/international business dispute relating to your business or industry, and then compare and contrast one form of alternative dispute resolution (ADR) with traditional litigation with regard to the dispute, and recommend which method is preferred for resolution and why.

Download the MS Word document entitled Table for Week 1 Assignment, which is posted in this assignment.

Complete the blank cells in the table that is included in the document, Table for Week 1 Assignment, in 700 words (excluding the reference page).  

Cite a minimum of three scholarly references. One peer-reviewed scholarly reference must be from the University Library.  In-text citations should also be included throughout your discussion to identify source of information presented in your assignment.

Format required for assignment is APA: (1) in-text citations; and (2) reference list.

Click the Assignment Files tab to submit your assignment as Table for Week 1 Assignment-Your Name.