Applied Business Law – 1M
(3a-b) There are two components to this week’s homework.
- You run a successful paper mill and send out your three best personnel to secure new wood pulp sources using due diligence and skill. Applying the agency principles outlined in this chapter, answer the following questions.
Delilah, does not return with wood pulp, but brings back three contracts. Acting within the scope of her authority, she contracted with Evon, who knew your identity at the time; Felipe, who knew that Delilah was acting on behalf of someone but not whom; and Giorgio, who did not know that Delilah was acting on anyone’s behalf. For which contracts, if any, are you liable? For which contracts, if any, is Delilah liable? Explain.
Another employee of your paper mill, Hotspur, steals a shipment of wood pulp for your company to impress you with initiative to secure new resources for free. Unfortunately, he runs down a pedestrian crossing properly in the crosswalk on his way back to your factory, injuring her. If the pedestrian sues your company can there be a recovery for the injury? Discuss your answer. This portion of your assignment should be 1/2-1 page in length.
- You are an employee at a nice paper mill and want to impress the boss by burning the midnight oil (but not too close to the wood pulp). For four consecutive weeks, you work forty-five, forty-two, thirty-nine, and thirty-one hours. If you are a nonexempt employee covered by the Fair Labor Standards Act, how many hours of overtime pay, if any, would you be entitled to? What would be the rate? This portion of your assignment should be 1/2-1 page in length.
You will be assessed on the rationale you use in addressing the questions/issue posted, and how well you justify your argument regarding the issues. Your response must be thought provoking, have well developed ideas and/or opinions, and should reference any supporting material from the text, lecture or other sources you have used to complete the assignment.
You may use your text or the internet as a reference, but remember to cite your sources according to APA guidelines. For citation guidelines, please refer to the table in the APA Style section of the Tools & Resources page.
Save your document with a file name that includes your last name, first initial, week of assignment. (For example: SmithJ_W3)