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B Law Mid Term 2014

In: Business and Management

Submitted By viki1221
Words 2788
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Business Law Examination

|1. |Describe why or why not an order from the president to raise minimum wage would be permissible. |
| |I think raise minimum wage from the president would be permissible. And raising the minimum wage right|
| |now is more important than ever. Minimum wage increases stimulate the economy by increasing consumer |
| |spending, without adding to state and federal budget deficits. Consumer spending drives 70 percent of|
| |the economy, and increasing demand is key for jumpstarting production and re-hiring. A raise in the |
| |minimum wage puts money into the pockets of low-income consumers, who immediately spend it at local |
| |businesses. The Economic Policy Institute estimates that the Fair Minimum Wage Act of 2013, which |
| |would raise the federal minimum wage to $10.10 per hour, would generate $32 billion in new economic |
| |activity in communities across the country. Strengthening the minimum wage can help build a |
| |sustainable economic recovery – without increasing costs for taxpayers. |
| | |
|2. |Discuss one of the provisions in the contract that you signed and brought to class, and describe |
| |something interesting about that clause. |
| |No animals. |
| |When we rent a apartment, we firstly consider the safty . |
| |For…...

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