Law421 contemporary business law week 5 assignment corporation

Corporation Scenario Paper

This final paper for Week 5 consists of two parts, Part A and Part B. You must do both Part A and Part B to get full credit! You may include both parts in one paper.


Part A word count is a minimum of 600 words.

Part B word count is a minimum of 1400 words.

Therefore, the total word count for this paper is a minimum of 2000 words.


Part A


Resource: Article Review Format Guide located on the student website.


Locate an article specifically related to the Sarbanes-Oxley Act (SOX Act) of 2002.


Write a review of the article in a minimum of 600 words. Your review should discuss how the SOX Act may affect ethical decision making in today’s business environment, and the criminal penalties for which the act provides.


·         In your references be sure to cite the name of the article with and format your paper consistent with APA guidelines.



Part B


·         Read Chapter 15; page 401 “Theory to Practice” Scenario, of The Legal Environment of Business. In a minimum of 1400 words be sure to:


·         Answer all seven question located at the end of the scenario.

·         Your answer dealing with corporations should discuss in part, fiduciary duties of directors, duty of care, capitalization, taxation, officers, shareholders and business judgment rule

Cite at least two important court cases to support your answer.

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