Describe and explain dispute resolution and the court systems in the United States. -

Course Objectives:
• Describe the sources of law. (New required SLO)
• Describe and explain dispute resolution and the court systems in the United States. (New required SLO)
• Identify the differences between civil and criminal laws and court systems.
• Explain the concept of ethics. (New required SLO)

Complete the following assignment. Write in complete sentences and with a professional tone. Be sure to check your spelling and grammar.
Part 1: (20 points – 1 point for the definition and 1 point for each sentence = Select 10 terms @ 2 points each) Read and understand the economic/business definition of each of the words listed below.

Select 10 words from the list below. For each of the 10 you selected Define the word and then write one personal sentence to demonstrate your understanding by accurately using the word in the sentence.

1. Ethics
2. Business ethics
3. Ethical dilemma
4. Social responsibility of business
5. Ethical guidline
6. Values
7. Stakeholders
8. Actus reus
9. Mens rea
10. Felony
11. Misdemeanor
12. White-collar crime
13. Bribery
14. Extortion
15. Fraud
16. Insider trading
17. Forgery
18. False Pretense
19. Embezzlement
20. Computer crime
21. Hacker
22. Vicarious liability
23. Burden of proof
24. “beyond a reasonable doubt”
25. RICO Act
26. False Claims Act
27. Sarbane-Oxley Act

Part 2. (30 points- Select 3 questions @ 10 points each)
Select and fully respond to 3 questions from the list below. To earn full credit be sure to fully address each of the 3 selected questions, write in complete sentences and each response should be at least 3 sentences.

1. Define the basics elements of a crime.
2. Explain how are crimes classified.
3. Explain who can be held responsible when a corporate crime is committed.
4. Identify the laws that attempt to prevent white-collar crime.
5. Explain business ethics and the social responsibility of business.
6. Describe how business law and business ethics related.
7. Identify and define stakeholders.
8. Explain how we use a framework or decision-making model to make ethical business decisions.