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

2. Bell Activity
Chapter 5.1 – P. 106
Define Key Terms

3. 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

4. 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.

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

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

7. Three Kinds of Business Ownership
Sole Proprietorships
Partnerships
Corporations

8. Tax Law
Income Tax
Property Tax
Withholding Federal Taxes

9. 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?

10. Discussion
Do you believe the income tax that gives one third of a corporations profits to the federal government is fair?

11. Intellectual Property Laws
Patents
Trademarks
Copyrights

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

13. Commercial Law
Contracts
Business Sales Contracts
Fig 2-1

14. 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.

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

16. 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.

17. 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.

18. Chapter 5
Sec 5.2
Workers and The Law

19. 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.

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

21. 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

22. 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?

23. 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

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

25. 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

26. Activity Form 11 teams – may have a few teams with three.
Choose one of the following Acts.
Assignment has been ed 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

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