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MIE 305 NCSU EXAMS COMPILATION BUNDLE 2023/2024|ALL GRADED A+|DOWNLOAD TO PASS
MIE 305 NCSU EXAMS COMPILATION BUNDLE 2023/2024|ALL GRADED A+|DOWNLOAD TO PASS
[Show more]MIE 305 NCSU EXAMS COMPILATION BUNDLE 2023/2024|ALL GRADED A+|DOWNLOAD TO PASS
[Show more]Law 
A body of enforceable rules governing relationships among individuals and between individuals and their society 
 
 
 
Liability 
The state of being legally responsible for something, such as a debt or obligation 
 
 
 
 
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Add to cartLaw 
A body of enforceable rules governing relationships among individuals and between individuals and their society 
 
 
 
Liability 
The state of being legally responsible for something, such as a debt or obligation 
 
 
 
 
Brainpower 
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Primary Source of Law - answer Document that establishes the law on a particular issue
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Add to cartPrimary Source of Law - answer Document that establishes the law on a particular issue
Primary Source of Law 
Document that establishes the law on a particular issue 
 
 
 
Secondary Source of Law 
publication that summarizes or interprets the law 
 
 
 
 
6 Ways to Show Appreciation for Your Child's Teacher 
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Add to cartPrimary Source of Law 
Document that establishes the law on a particular issue 
 
 
 
Secondary Source of Law 
publication that summarizes or interprets the law 
 
 
 
 
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Criminal Law 
A form of public law seeking to protect society from prohibited acts which threaten the safety of life, property, and/or public order. 
 
Typically based on statute 
 
Punishment is punitive; 
 
 
Civil Law 
A form of public law that is based on a combination of statute AND common law ...
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Add to cartCriminal Law 
A form of public law seeking to protect society from prohibited acts which threaten the safety of life, property, and/or public order. 
 
Typically based on statute 
 
Punishment is punitive; 
 
 
Civil Law 
A form of public law that is based on a combination of statute AND common law ...
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Why study law and business? 
Legal concepts, principles, and rules provide the foundation for the conduct of business 
 
 
 
2 ways law and business intersect 
1. Law controls the relationships between parties 
2. Law provides mechanisms by which government regulates business behavior 
 
 
 
 
Brain...
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Add to cartWhy study law and business? 
Legal concepts, principles, and rules provide the foundation for the conduct of business 
 
 
 
2 ways law and business intersect 
1. Law controls the relationships between parties 
2. Law provides mechanisms by which government regulates business behavior 
 
 
 
 
Brain...
Articles of Confederation 
1st Constitution of the U.S. (weaknesses-no executive, no judicial, no power to tax, no power to regulate trade) 
 
 
 
Structure of the Constitution 
A document creating a form of government resting on the principles of federalism and free enterprise. It is composed of a...
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Add to cartArticles of Confederation 
1st Constitution of the U.S. (weaknesses-no executive, no judicial, no power to tax, no power to regulate trade) 
 
 
 
Structure of the Constitution 
A document creating a form of government resting on the principles of federalism and free enterprise. It is composed of a...
Law 
a regime or structure that orders (or controls) human relations in society/groups- it is a set of rules, involving the issuance of prescriptions (things that must be done) and proscriptions (things that must not be done). requiring or using the systematic application of force for enforcement. I...
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Add to cartLaw 
a regime or structure that orders (or controls) human relations in society/groups- it is a set of rules, involving the issuance of prescriptions (things that must be done) and proscriptions (things that must not be done). requiring or using the systematic application of force for enforcement. I...
Administration Law 
(Ch. 5) 
the body of law created by administrative agencies in order to carry out their duties and responsibilities 
 
 
 
Administration Agency 
(Ch. 5) 
A federal or state government agency established to perform a specific function 
 
 
 
 
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Add to cartAdministration Law 
(Ch. 5) 
the body of law created by administrative agencies in order to carry out their duties and responsibilities 
 
 
 
Administration Agency 
(Ch. 5) 
A federal or state government agency established to perform a specific function 
 
 
 
 
Brainpower 
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When choosing an organizational form, entrepreneurs should consider: 
Ease of creation 
Owners' liability--maximize gain, limit risk of loss 
Tax considerations--pass through or entity tax? 
Ability to raise capital--Private funding or shares? 
 
 
 
Basic forms of Business Organization 
Sole propr...
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Add to cartWhen choosing an organizational form, entrepreneurs should consider: 
Ease of creation 
Owners' liability--maximize gain, limit risk of loss 
Tax considerations--pass through or entity tax? 
Ability to raise capital--Private funding or shares? 
 
 
 
Basic forms of Business Organization 
Sole propr...
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