Business Ethics and Contracts: Key Concepts
Ethics and Business Ethics
Ethics is the study of right and wrong behavior; whether an action is fair, right, or just.
Business Ethics involves applying moral and ethical principles to the marketplace and workplace. Ethical decisions are crucial in business.
The Moral Minimum
The “Moral Minimum” is normally considered mere compliance with the law.
Importance of Ethics in Business Decision Making
Good ethics can help increase corporate citizenship and profit maximization.
Contract Law Fundamentals
Oral Agreements
Oral
Read MoreFederal Law: The German Legislative Process
The Legislative Process.
Federal law states that legislative power is subject to constitutional, executive, and judicial law. The legislative procedure gives absolute primacy to the Bundestag. The Bundesrat provides management expertise, and the Government provides specific knowledge of the materials, along with accompanying and supporting agencies. Closing the cycle is the Federal President, who is responsible for the sanction of laws.
As shown, legislative power is a monopoly of the Bundestag. This
Read MoreUnderstanding Collective Bargaining Agreements
Definition of Collective Bargaining Agreement
A collective bargaining agreement is a solemn convention held by an employer, a group of employers, or an employers’ association, and one or more trade unions. Its purpose is to establish uniform working conditions, regulate matters aimed at raising the living standards of workers and their families, and stabilize labor-management relations.
Characteristics of Collective Bargaining Agreements
- It is a convention where the party representing the employees
Panama Feminist Movement: History, Leaders, and Suffrage
Feminist Movement in Panama
In the early twentieth century, U.S. interference was evident, resulting in casualties and political dependence on the U.S. Panamanian politics were corrupt, with interventions aimed at imposing “order” during elections. Under these circumstances, the feminist movement emerged, advocating for women’s suffrage and consultation in public life.
Key Figures
Clara Gonzalez: A prominent figure from the 1920s, she elevated the National Feminist Party. This group aimed to secure
Read MoreSpanish Disentailment & Fueros Amendment Acts of 1841 & 1855
General Disentailment, 1855
This is a legal text, a decree issued by the Spanish Parliament in 1855, outlining the economic policy of liberalism. We attribute its authorship to the Minister of Finance, the progressive liberal Pascual Madoz, promoter of this law, which was ultimately approved by the Parliament and signed by Queen Elizabeth II. The place of issue was Madrid, headquarters of the Courts and the Government. The date, 1855, falls within the “Progressive Biennium” (1854-1856).
To understand
Read MoreUnderstanding Law: Concepts and Definitions
What is Law?
Law is the policy and institutional order of human conduct in society, based on principles of justice. Its foundation lies in the social relations that determine its content and character. In other words, it is the set of rules governing social life and settling interpersonal conflicts.
Objective Law
Objective Law can be defined as the set of rules governing the coexistence of men in society. It comprises norms or sets of rules, which, on the one hand, grant rights or powers and, on the
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