The Madoff Ponzi scheme and the resulting conviction for securities fraud and other felonies. What does this tell you about business ethics and the need for criminal penalties in order to regulate business?
Short Questions
Mary is cutting weeds at her home. She is unable to trim some weeds she finds, because they grew between the rocks, so she removes the protective guard on the weed trimmer and trims the weeds. There are no warnings on the weed trimmer advising against removing the guard. She hits a rock, which is thrown to onto her neighbor’s property, hitting her neighbor in the eye and causing permanent damage.
What kind of tort claim(s) does the neighbor have?
Who are the possible defendants?
(100 Words)
The Madoff Ponzi scheme and the resulting conviction for securities fraud and other felonies. What does this tell you about business ethics and the need for criminal penalties in order to regulate business?
(100 Words)
O.J. Simpson was found not guilty of the murders of Nicole Brown and Ronald Goldman. Despite the verdict, the families of Brown and Goldman have brought a wrongful death suit against Simpson. Discuss why the double jeopardy clause of the Fifth Amendment does not protect Simpson from this wrongful death suit. (100 Words)
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