Law531

Week Six: Legal Issues in International and Domestic Business Details Due Points Objectives 6.1 Evaluate legal risks associated with domestic business activity. 6.2 Evaluate legal risks associated with international business activity. Readings Read Ch. 54 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International. Readings Read this week’s Electronic Reserve Readings. Participation Participate in class discussion. (Not required in Week Six) Discussion Questions Respond to weekly discussion questions. (Not required in Week Six) Nongraded Activities and Preparation Podcast Listen to the Week Six podcast. Nongraded Activity Prepare Learning Team Evaluation and post to your Individual forum. Learning Activity Banking Regulation Discussion Watch the Vikram Pandit On Banking Regulation video located on the student website. Discuss the legal risks associated with domestic and international business activity as indicated by Vikram. Learning Activity International Business Discussion Resource: Counterfeiting in China video on the course materials page. Watch the Counterfeiting in China video. Discuss the legal risks associated with international business activity in China as described in the video. How might you mitigate those risks' Learning Team Reflection Resource: Legal Issues in International and Domestic Business: Foreign Corrupt Practices Act articles on the student website Select and read four of the articles listed under Legal Issues in International and Domestic Business: Foreign Corrupt Practices Act. Discuss the compliance issues associated with the Foreign Corrupt Practices Act. 2 Individual Riordan Corporate Compliance Plan Resources: Riordan Virtual Organization located on the student website, and the COSO website (http://www.coso.org/) View the Riordan virtual organization. Create a corporate compliance plan consisting of no more than 2,450 words for Riordan. Focus your plan on managing the legal liability of officers and directors of Riordan. The plan must also address how to handle situations when laws are violated or in question (such as when to call in legal counsel, what rights the employees have, or who to turn to when actions are taken against Riordan). Your plan must also include the following: • Enterprise liability • Real and intellectual property • Governance principles of regulatory compliance requirements • The specific international laws or aspects of the law that must be adhered to by Riordan and an outline of these steps for employees to adhere to these laws Format your Corporate Compliance Plan as if you were going to distribute this to the officers and directors of Riordan. Outline the prevention and management guidelines of the legal aspects listed above. Implement enterprise risk management based on the COSO’s 8 recommendations. COSO can be used to structure your plan. Be sure to incorporate key concepts from your readings where appropriate. You need to research requirements at the COSO website. 15 Individual Final Examination Resource: Business Law: Legal Environment, Online Commerce, Business Ethics, and International Issues Complete the Final Examination. You have one attempt for the exam, which is timed and must be completed in 3 hours. Results are sent to your facilitator. Note. Final Examination questions are adapted from Business Law: Legal Environment, Online Commerce, Business Ethics, and International Issues. 15