Legal Analysis Model Statement of Facts In 2005, the US Supreme Court decided the case of Kelo Vs. City of New London. At the center of this case was the concept of eminent domain and the tie to the 5th Amendment of the United States constitution. According to http://www.expertlaw.com eminent domain is “the power possessed by the state over all property within the state, specifically its power to appropriate property for a public use. In some jurisdictions, the state delegates eminent domain power to certain public and private companies. Under the Fifth Amendment to the Constitution, the owner of any appropriated land is entitled to reasonable compensation, usually defined as the fair market value of the property”.
The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (“SAFE Act”), was passed on July 30, 2008. The new federal law gave states one year to pass legislation requiring the licensure of mortgage loan originators according to national standards and the participation of state agencies on the Nationwide Mortgage Licensing System and Registry (NMLS). The SAFE Act is designed to enhance consumer protection and reduce fraud through the setting of minimum standards for the licensing and registration of state-licensed mortgage loan. Mortgage loan originators who work for an insured depository or its owned or controlled subsidiary that is regulated by a federal banking agency, or for an institution regulated by the Farm Credit Administration,
Smith, Harmelink & Hasselback. Federal Taxation: Comprehensive Topics. CCH, 2013. Pg 14-18-19 states that the corporation should issue long-term debt because debt has certain advantages over equity. Interest payments on the debt are deductible by the corporation while dividends are not deductible.
While it is not required by law, a company’s online and offline privacy policies are pledges to their customers about how data will be collected, used, shared, and protected and the FTC prohibits deceptive practices. U.S. Small Business Administration
Based on the facts Kimbrough admitted the district court computed the applicable range under the federal sentencing guidelines at 228 to 270 months in prison. Kimbrough’s Guidelines range was so high because his offense involved both crack and powder cocaine. The mandatory minimum sentence, in turn, was 180 months in prison, and the district judge imposed that sentence. The Fourth Circuit Court of Appeals vacated the sentence and remanded for further proceedings. Relying on a prior opinion, the appellate court stated that any sentence
How is the $25,000 treated for purposes of federal tax income? c. What is your determination regarding reducing the taxable amount of income for both (a) and (b) above? d. Is it more beneficial to continue leasing the business space or to buy the building? FOR JOHN SMITH: FOR JANE SMITH 2. Jane raised 6 specific questions.
A person who deliberately obtains or discloses an individual’s health information in violation of the HIPAA faces a fine of $50,000 as well as up to one year of prison time. Criminal penalties increase to $100,000 and up to five years prison time if the wrongful conduct involves false pretenses, and to $250,000 and up to ten years imprisonment if the wrongful conduct involves intent to sell, transfer, or use individually identifiable health information for commercial advantage, personal gain, or malicious harm. Criminal Sanctions are enforced by the Department of Justice. All employees must be trained immediately after they receive the job. Usually the head of the department trains the employees, one that has perfect knowledge of the HIPAA rules and regulations.
Sarbanes-Oxley Act of 2002 Nora L. Johnson Saint Leo University MBA-560 Dr. Williams CONTENTS Abstract 2 Public Company Accounting Oversight Board 3 Auditor Independence 3 Corporate Responsibility 4 Enhanced Financial Disclosures 4 Analyst Conflicts of Interest 5 Commission Resources and Authority 5 Studies and Reports 6 Corporate and Criminal Fraud Accountability 6 White Collar Crime Penalty Enhancements 6 Corporate Tax returns and Corporate Fraud accountability 7 References 7 Abstract The Sarbanes-Oxley Act 2002 was passed by the US Congress and signed by the past President Bush. Its purpose was to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to security laws and to ensure independence of securities analyst advice and recommendations. It was designed to restore investor confidence following the outbreak of corporate scandals and bankruptcies around 2000. Auditors are supposed to report critical accounting policies and practices to
How many people live or work within one mile of your site: 500; 1,000; 2,000; 5,000; more than 5,000? 7. Security Environment & Overall Vulnerability to Attack Low Vulnerability to High Vulnerability 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Issues to be considered in selecting your score: Does your organization have effective internal security procedures? What is the law enforcement presence in your area? What is the hardness, level of blast protection, etc.
Parents now to be fined $1K for allowing minors to drink alcohol By Haidee V. Eugenio Reporter Parents, guardians, and other adults who are caught allowing minors-or those under 21 years old-to drink alcoholic beverages now also face a fine of up to $1,000 as part of a new law that provides much stiffer penalties to business establishments, individuals, minors, and others related to the sale and consumption of alcohol involving minors. Public Law 17-83, signed by Gov. Benigno R. Fitial on Sept. 23, makes massive changes to existing statutes on alcohol sale and consumption involving minors. The CNMI's drinking age is still 21. “Any parent, guardian, or other person having the lawful custody, permanent or temporary, of any minor