Riordan_Compliance_Plan_Outline

Riordan Compliance Plan Outline Sally Wilson, Carlos Heslop, Malaika Williams, Gary Brown, and Charlie University of Phoenix March 31, 2010 I. Alternative Dispute Resolution A. Meaning B. Potential Issues with Riordan 1. Breach of Contracts 2. Lawsuits 3. Non-Compliance C. Riordan process for handling Issues 1. Types and features * Arbitration * Mediation * Negotiation * Collaborative law II. Legal forms of business A. Types 1. Sole Proprietorship 2. General Partnership 3. Limited Partnership 4. Regular Corporation 5. S Corporation 6. Professional Corporation 7. Limited Liability Company 8. Professional Limited Liability Company 9. Limited Liability Partnership B. Advantages and Disadvantages C. Select which best fits for the company, Riordan III. Enterprise and Product Liability A. Enterprise liability 1. Holds Riordan responsible accident costs * Could be phenols in some of the resins that China uses * Negligence B. Riordan Responsibility 1. Warranties 2. Standards for Product Liability * Protect the Public against unreasonable risk * Develop standards for consumer product safety * Help consumers become more informed about evaluating safety * Fund research in matters of product safety design and product caused injuries/illness IV. International Law A. Non-statutory Sources of International Law 1. Hangzhou, China * Language * Environment and Technology 2. Principles of International Law * Repatriation * Conflict of Law * Antitrust Laws * Expropriation * Sovereign immunity V. Riordan’s Tangible Property/ Personal Property A. Riordan Personal Property 1. Computers, machines, building, plastic beverage containers, company truck 2. Leasing of Building 3. Uniform Commercials Code (UCC) * Liens B. Riordan rights w/ Personal Property 1. Computer Software Copyright Act of 1980 2. Patents Applications 3. Trademarks/Trade Dress * The colors, designs, and shapes associated with Riordan products C. Protection for intellectual Property 1. Patents Applications 2. Copyrights VI. Legal forms of business A. Types 1. Sole Proprietorship 2. General Partnership 3. Limited Partnership 4. Regular Corporation 5. S Corporation 6. Professional Corporation 7. Limited Liability Company 8. Professional Limited Liability Company 9. Limited Liability Partnership B. Advantages and Disadvantages C. Selection for the form of business for the company Riordan VII. Corporate Governance: A. Establishing roles and responsibility for management and The Riordan Manufacturing Board of Directors B. Policies 1. Promote ethical and responsible decision making * Code of Conduct 2. Riordan Financial reporting standard * Audit Committee 3. Disclosure * Compliance 4. Shareholders C. Laws D. Processes E. Custom F. Institutions that affect the way the company is directed