Legal Issues in Business Organizations Task 1 Zachary Christenson Western Governors University 000447824
Family and Medical Leave Act Situation The Family and Medical Leave Act of 1993 (FMLA) was created to help assist employees deal with the difficulties of home, while creating an atmosphere of job security. The FMLA also helps cover employers from wrongful use of the FMLA by the employees. Although the document is extensive, there are three major provisions of the FMLA that apply to the given situation. The FMLA entitles covered employees to unpaid work leave, provides job and benefit restoration, and allows employers to require notice and certification for leave ("Family and medical leave act," 2007). A covered employee of a The law also protects whistleblowers and prevents companies and agencies from discriminating against the people who oppose practices deemed unlawful by the ADEA ("Age Discrimination in employment act of 1967," 2011). Finally, employment agencies are not allowed to refuse services or discriminate on the basis of age ("Age discrimination: What employers need to know," 2006). These important two lines in the ADEA allow older individuals to seek work without judgement. In situation B, employee B, an older and well tenured employee, is competing against a younger and newer worker for the same job. In a recent job review it is stated that employee B performs above average work. The newer worker is rated as adequate. When the promotion is made, the newer employee wins the job. Employee B was not given the job due to his age. The ADEA does not allow companies that have at least twenty employees to discriminate against any person due to age for hiring or promotions. Employee B works for a company that is covered under the ADEA. Because of the recent performance review, it can be summarized that employee B was more qualified for the position. Employee B was doing better work than the younger employee and had been with the company
LIT1 Task 1 Part A SOLE PROPRIETORSHIP Sole proprietorship is the most common form of business in the United States. A sole proprietorship is a business that is owned by one person. Sole proprietorships have the following characteristics: 1. LIABILITY- There is no difference between the belongings of the business and the business owner. The business owner can use his/her personal money or business money to pay off any debts whether they are personal or business related. Therefore, sole proprietorship…
LIT1 Task 1A 1/10/2014 Sole proprietorship: Is the simplest and most common business structure. There is no legal distinction between the proprietor and the business, which means it is autonomous. You are entitled to all profits and responsible for all your business's losses and liabilities. Liability- This falls directly on the owner. All debts, liabilities and losses fall on the owner. The owner's assets can be used to alleviate the business's debt. Income taxes- All income generated…
LIT1 – Task 1 (Part A) Sole Proprietorship: * Single Ownership - The single individual always owns sole proprietorship form of the business. The individual owns all assets and properties of the business and bears the risk of losing or gaining from the business. * No Sharing of Profit – The business is owned by an individual, therefore, all of the gains are directly available for the owner to access immediately. There is no friction between owners * One Man’s Control - The controlling…
LIT1: Task 310.1.2-01-06 Task A Sole proprietorship 1. Liability * An owner has unlimited liability both personally and as the company owner. Liability is a disadvantage in a sole proprietorship. 2. Income taxes * The owner is responsible for filing taxes and is allowed to file taxes as part of their personal income taxes. 3. Longevity * This depends completely on the owner and there continued ability to operate the business. The operation of the business can be significantly…