Business, Workers and the Law Chapter 5 Business, Workers and the Law

Bell Activity Chapter 5.1 – P. 106 Define Key Terms

In this section: Corporate Law Tax Law Intellectual Property Laws There are six areas of law that affect businesses. This section discusses: Corporate Law Tax Law Intellectual Property Laws Consumer Law Commercial Law Licensing and Zoning Law

What You’ll Learn The six different kinds of laws that affect business operations. The advantages and disadvantages of setting up sole proprietorships, partnerships, and corporations. How the FTC protects consumers from unfair business practices. The essential elements of contracts in business.

Why It’s Important For businesses to succeed and avoid illegal activities, managers must be familiar with the laws regulating business operations.

Key Terms regulations • sole proprietorship partnership • corporation income tax • property tax patent • trademark copyright • contract

Three Kinds of Business Ownership Sole Proprietorships Partnerships Corporations

Tax Law Income Tax Property Tax Withholding Federal Taxes

Guided Practice Consider this: Stan and Linda have a perpetual garage sale business. They buy and sale used items, like clothing, furniture, and tires, under an awning in their front yard. What are you thoughts… What government regulations are probably being violated?

Discussion Do you believe the income tax that gives one third of a corporations profits to the federal government is fair? http://www.polleverywhere.com/multiple_choice_polls/LTIxNDA5ODMyMjg

Intellectual Property Laws Patents Trademarks Copyrights

Consumer Law Consumers are protected from unfair business practices by government agencies. Federal Trade Commission Food and Drug Administration

Commercial Law Contracts Business Sales Contracts Fig 2-1

Licensing and Zoning Law 1. Licensing limits and controls certain types of businesses. 2. Building codes regulate physical features or structures of buildings. 3. Zoning regulates where businesses can be located in a community.

Discussion What do you think life would be like if government did not regulate business in any way?

Fact and Idea Review 1. How can the government enforce its regulations against businesses? 2. List three types of business ownership. 3. Why should businesses be concerned about taxes? 4. What kind of intellectual property law protects an invention? A soft drink’s logo? A hit movie? 5. True or False: Consumer protection laws apply to both individuals and businesses.

Groups In teams of 3, create a study guide using key terms, legal definitions, and other vocabulary in matching worksheets, crosswords, flash cards, Headings into questions, and etc. We will share them with the class.

Chapter 5 Sec 5.2 Workers and The Law

Bell Activity Write a paragraph predicting the relationship between unions and business management. Union – groups of workers who collectively bargain for rights such as higher wages and better working conditions.

Why is this important for you to know? Must comply with laws Employee Manager Provide Benefits to Employees

Best Way for You to Learn Two column notes Read/takes notes Visual – draw, poster Headings into questions Take notes while reading Graphic Organizer Outline Chapter

Discussion Questions Do you think we need “Equal Employment Opportunity” laws? Predict what your current work environment would look like if there were not any Health and Safety Laws. Social Security is good for all. Welfare is a necessary/positive part of our society. Unions are a essential part of the work force and we couldn’t function without them?

PowerPoint 6x6 Rules Keep it simple & organized – Simple thoughts with simple text and graphics  Do not use too much text on a slide (6X6 Rule)  No more that six words per line No more than six lines per slide

PowerPoint 6x6 Rules   Note: Use this simple format then “explain” during your presentation instead of reading the slide to the group….boring!

PowerPoint 6x6 Rules Use a common color scheme throughout PLENTY of time for audience to read Do not have TOO MANY special effects Watch using: Swivel – Very Long Sound effects – Normally NOT appropriate to use

Activity Form 11 teams – may have a few teams with three. Choose one of the following Acts. Assignment has been emailed to you. Title VII of the Civil Rights Act of 1964 Age Discrimination in Employment Act Americans with Disabilities Act The Occupational Safety and Health Act Fair Labors Standard Act Social Security Act Unemployment Insurance Laws Employee Retirement Income Security Act Workers Compensation Laws Family and Medical Leave Act National Labor Relations Act

Chapter 5 Review Chapter 5 Quiz Complete 5.2 Facts and Ideas Review P.129 Answer “Think Critically” P. 130 9:45 – Video - Nike