BUSI 2601 Chapter Notes -Small Claims Court, Arbitration Clause, Punitive Damages

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marlymagharious

11 Feb 2023

School

Carleton University

Department

Business

Course

BUSI 2601

Professor

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Document Summary

Legal issues for business people fall into: Legally regulated processes that don"t involve disputes. Must question manner in which the dispute will be resolved. Able to provide options or dispute resolution. Special training in identifying and resolving legal problems. Layers are prohibited from disclosing any client information to 3rd parties. Goal: for client to be effectively represented and may feel comfortable disclosing all necessary information - protected by solicitor client privilege. Communication with lawyers may not disclose in court proceedings. Regulated by the law society of ontario (lso) Restricted to practising in certain areas only. Small claims court or provincial criminal courts. May appear in front of tribunals (tenant/landlord board) Note: roles vary in ontario from other provinces. Process of resolving disputes through formal court process. Lawyers present facts before judge and a conclusion is determined. Person who has no personal interest in a dispute between the parties, as a mediator or arbitrator.

Related Questions

The Fair Credit Billing Act:

a. prohibits discrimination on the basis of race, color, religion, national origin, sex, marital status, age, receipt of public assistance, or good faith exercise of any rights under the Consumer Credit Protection Act

b. requires prompt written acknowledgment of consumer billing complaints and investigation of billing errors by creditors

c. specifies what a collection source may and may not do when pursuing payment of past due accounts

d. protects information collected by consumer reporting agencies such as credit bureaus, medical information companies, and tenant screening services; organizations that provide Information to consumer reporting agencies also have specific legal obligations, including the duty to investigate disputed information

StewartRenee

The Fair Credit Billing Act:

b. requires prompt written acknowledgment of consumer billing complaints and investigation of billing errors by creditors

c. specifies what a collection source may and may not do when pursuing payment of past due accounts

d. protects information collected by consumer reporting agencles such as credit bureaus, medical information companies, and tenant screening services; organizations that provide Information to consumer reporting agencies also have specific legal obligations, Including the duty to investigate disputed information

StewartRenee

Answer the questions in the image attached on the country: mexico, provide in depth information about each question in the image attached, Once again the topic or my country is MEXICO to answer this all on.

Political and Economic Information

A country's economic and political structure tells potential investors much about a country. Is the government corrupt? How strong is the economy? Potential investors must carefully study these questions and their answers before choosing to invest in a foreign country. For your country, provide the following political information:

- Type of government and current national governing party and leader;

- Major political pressure groups;

- Level of political corruption or transparency (look at the Corruption Perceptions Index);

- Major international political and territorial disputes (in the CIA Factbook).

For your country, provide the following economic information for the most recent period and explain why this is good for business:

- Type of economic system (e.g. market, mixed, command);

- GDP real growth rate/GDP per capita;

- Major import and export partners;

- Major natural resources;

- Domestic currency;