About This Chapter
Who's it for?
Anyone who needs help learning or mastering college business material will benefit from taking this course. There is no faster or easier way to learn college business topics. Among those who would benefit are:
- Students who have fallen behind in understanding legal ethical decision making or working with the models, steps and framework
- Students who struggle with learning disabilities or learning differences, including autism and ADHD
- Students who prefer multiple ways of learning business content (visual or auditory)
- Students who have missed class time and need to catch up
- Students who need an efficient way to learn about the legal environment
- Students who struggle to understand their teachers
- Students who attend schools without extra business learning resources
How it works:
- Find videos in our course that cover what you need to learn or review.
- Press play and watch the video lesson.
- Refer to the video transcripts to reinforce your learning.
- Test your understanding of each lesson with short quizzes.
- Verify you're ready by completing the Legal Environment chapter exam.
Why it works:
- Study Efficiently: Skip what you know, review what you don't.
- Retain What You Learn: Engaging animations and real-life examples make topics easy to grasp.
- Be Ready on Test Day: Use the Legal Environment chapter exam to be prepared.
- Get Extra Support: Ask our subject-matter experts any legal environment question. They're here to help!
- Study With Flexibility: Watch videos on any web-ready device.
Students will review:
This chapter helps students review the concepts in a Legal Environment unit of a standard college business course. Topics covered include:
- Effects of business decisions on shareholders
- Theories of ethics
- Business ethics
- White collar crime
- Corporate criminal liability
1. Legal Ethical Decision Making: Models, Steps & Framework
Ethical decision making involves making choices based on what is good for all people. The Golden Rule, public disclosure test and universalization test are three models that consider others in their application.
2. Effects of Business Decisions on Shareholders
A shareholder is essentially a part owner of a company. Ownership requires that a person own at least one share of stock in the company. As an owner, a shareholder can be affected by the decisions made by management. Learn more about shareholders in this lesson.
3. Theories of Ethics: Rights & Natural Laws
Legal rights are those rights provided to citizens through the Constitution and other articles of the US legal system. Natural rights are rooted in the ethical, based on what is right or wrong. Learn more about ethics in this lesson.
4. Attorney Professional and Ethical Conduct in Business
Lawyers play an important part in business, but they must follow model rules regarding ethics. This lesson addresses legal ethics in business law, including malpractice, attorney-client privilege and conflicts of interest.
5. Business Ethics: Corporate Social Responsibility
Now that companies are concerned with society's welfare, corporate social responsibility is a controversial topic. In this lesson, learn the two theories of social responsibility and the arguments for and against the practice.
6. Government Regulation of Administrative Agencies: Pros & Cons, and Examples
Part of the executive branch of the government, administrative agencies serve to put into action legislative acts through rules and regulations that individuals and businesses must adhere to.
7. What Is White Collar Crime? - Definition, Statistics & Examples
White collar crimes involve criminal activities committed by people in the regular course of their business and involve bribery, extortion, fraud and embezzlement. These crimes usually end in financial gain for the perpetrator.
8. Corporate Criminal Liability: Definition & Examples
Corporations, just like individuals, can be tried and convicted of committing crimes if managers, directors or even ordinary workers commit the crimes. There are two types: strict liability and vicarious liability.
9. Deterring Business Crime: RICO, False Claims Act, & Sarbanes-Oxley Act
There are three acts that deter corporations from committing crimes that affect customers, shareholders and employees: RICO Act, False Claims Act and Sarbanes-Oxley Act. Each act protects against various crimes, but all of the acts hold businesses accountable for their actions.
10. What Is Environmental Law? - Principles, Issues & Policy
Environmental law involves a series of laws, policies and procedures enforced by various agencies with the goal of protecting the environment. Environmental law often overlaps other laws to act as an extra layer of legal protection.
11. Legal Factors Affecting a Business
Businesses are subject to many laws that can dictate and restrict their behavior. In this lesson, you will learn about some of these laws. You'll also have a chance to take a short quiz after the lesson.
12. What Is Slander & Libel? - Definition, Laws & Examples
Learn what constitutes slander and libel. Review their respective definitions and analyze the laws. Examine some examples. At the conclusion of this lesson, you will have a thorough understanding of slander and libel.
13. What Is Special Needs? - Definition, Types & Law
There are laws that protect individuals with special needs. This lesson will define special needs, identify the types of special needs and the laws that protect the individuals.
14. What Is Surveillance? - Definition, Systems & Techniques
In this lesson, we'll explore the definition of police surveillance. You'll learn about law enforcement surveilling techniques as well as the systems and technologies police agencies use to complete surveillance, from infrared goggles to drones.
15. What Is the Good Samaritan Law? - Definition, History & Cases
To help or not to help? That is the question that must be answered before deciding to rush into action in order to help someone who needs emergency assistance. Learn more about the Good Samaritan law, its definition, history, and real life cases.
16. What Is the Miranda Warning? - History & Rights
After you finish this lesson, you will understand what constitutes the Miranda warning. You will further review the history of the Miranda warning and review the rights included in the warning.
Earning College Credit
Did you know… We have over 95 college courses that prepare you to earn credit by exam that is accepted by over 2,000 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.
To learn more, visit our Earning Credit Page
Transferring credit to the school of your choice
Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.
Other chapters within the Business Law: Help and Review course
- History of American Law: Help and Review
- Sources of Law: Help and Review
- Constitutional Law: Help and Review
- American Legal Systems: Help and Review
- Legal Procedures: Help and Review
- Contract Law Basics: Help and Review
- Capacity in Contract Law: Help and Review
- Contract Law and Third Party Beneficiaries: Help and Review
- Contracts - Assignment and Delegation: Help and Review
- Contracts - Statute of Frauds: Help and Review
- Contracts - Scopes and Meanings: Help and Review
- Contracts - Breach of Contract: Help and Review
- Contracts - Discharge of Contracts: Help and Review
- Securities and Antitrust Law: Help and Review
- Property Law: Help and Review
- Employment and Labor Law: Help and Review
- Creditors' Rights: Help and Review
- Product Liability and Consumer Protection: Help and Review
- International Business Law: Help and Review
- Torts in Business Law: Help and Review
- The Role of Agency in Business Law: Help and Review
- Types of Business Organizations: Help and Review
- Sales & the Law: Help and Review
- Small Business Employment Law
- Consumer Protection
- Essentials of Contract Law