BUS 607 Week 5 Discussions

BUS 607 Week 5 Discussions Administrative Agencies [CLOs: 1,5,7]. 1st Post Due by Day 3. Discuss two of the following items in your initial post: • Discuss the Administrative Procedures Act. What are the factors that make an agency rule arbitrary and capricious? What happens to a rule that is deemed arbitrary and capricious? • Explain the relationship between administrative agency investigation of violations and the Fourth Amendment of the U.S. Constitution. • Describe and discuss the laws Congress has passed to make agencies more accountable to the public, including the Freedom of Information Act, the Government in Sunshine Act, the Regulatory Flexibility Act, and the Small Business Regulatory Enforcement Fairness Act. • Identify 5 federal, state, or local agencies that you may encounter in the field of accounting. Identify whether each agency is an executive agency or an independent agency. Discuss the area of law that each agency administers and why it is important to be familiar with the operations of that agency. Use this week’s lecture as a basis for your post. Respond to at least two of your classmates’ posts. Consumer, Environmental, and Antitrust Law [CLOs: 1,5,7]. 1st Post Due by Day 3. Discuss two of the following items in your initial post: • Provide an example, with details, of deceptive advertising and explain why this example is deceptive. Additionally, provide an example of advertising that appears to be unreasonable or unethical but in fact is not considered deceptive. • How has food and product labelling affected the health and safety of the American consumer? Provide an example of labelling and its impact on the American consumer. • Environmental laws are often found at odds with the interests of business. From that perspective, describe the role of the Environmental Protection Agency. Is it meant to protect the environment at the exclusion of the interests of business, or does the EPA need to take into consideration its impact on businesses before regulating? Provide a federal environmental law that supports your stance and explain how it supports your assertion(s). • Are federal antitrust laws designed to protect the consumer, the overall economy, or both? Provide an example of a federal antitrust law that supports your stance and explain how it supports your assertion(s). Use this week’s lecture as a basis for your post. Respond to at least two of your classmates’ posts.