Standard set
Business Ethics and Law I (2024)
Standards
Showing 475 of 475 standards.
1,00
Understand the career pathway(s) and career opportunities in the Business Ethics and Law pathway.
2.00
Understand the development of durable employability skills.
3.00
Understand ethical and legal issues affecting business.
4.00
Understand forms of business ownership.
5.00
Understand the nature of ethical practices and regulations within the workplace environment.
6.00
Understand ethical and legal considerations of finance in business.
7.00
Understand the impact of environmental and energy law on business.
8.00
Understand the importance for a business to be ethically and legally responsible digital citizens.
1.01
Understand career opportunities in the Business Ethics and Law pathway.
1.02
Understand opportunities in DECA and/or FBLA.
2.01
Recognize durable employability skills and their importance.
2.02
Understand the development of durable employability skills.
3.01
Understanding ethical reasoning and consequences for businesses.
3.02
Understand types and purposes of laws that affect business.
3.03
Understand how the civil and criminal justice systems relate to business.
4.01
Understand advantages and disadvantages of each form of business ownership.
4.02
Understand factors for selecting forms of business ownership.
5.01
Understand ethical labor practices.
5.02
Understand regulations that affect the workplace.
5.03
Understand compliance with compensation and benefit laws.
6.01
Understand the role of ethics in business finance.
6.02
Understand business finance laws and regulations.
6.03
Understand federal regulations of lending functions.
6.04
Understand the provisions of bankruptcy law.
7.01
Understand the nature of environmental and energy law.
7.02
Understand the role of regulatory agencies in safeguarding ethical practices that prevent negative environmental impacts.
8.01
Understand the impact of cyberethics on a business.
8.02
Understand the impact of e-commerce laws on business.
1.01.A
Understand career opportunities in the Business Ethics and Law pathway.
1.02.A
Understand opportunities in DECA and/or FBLA
2.01.A
Recognize durable employability skills and their importance.
2.02.A
Understand the development of durable employability skills
3.01.A
Understand ethics and regulations.
3.01.B
Understand the need for business ethics.
3.01.C
Understand reasons that businesspeople choose to behave unethically.
3.01.D
Understand the impact of unethical behavior on a business.
3.02.A
Understand the types and purposes of laws that affect business.
3.03.A
Understand the reasoning for the civil and criminal justice system.
4.01.A
Understand the advantages and disadvantages of each form of business ownership.
4.02.A
Understand the factors for selecting forms of business ownership.
5.01.A
Understand ethical labor practices.
5.02.A
Understand regulations that affect the workplace.
5.03.A
Understand compliance with compensation and benefit laws.
6.01.A
Understand the role of ethics in business finance.
6.02.A
Understand business finance laws and regulations.
6.03.A
Understand federal regulations and lending functions.
6.04.A
Understand the provisions of bankruptcy law.
7.01.A
Understand the nature of environmental and energy law.
7.02.A
Understand the role of regulatory agencies and laws in safeguarding ethical practices to ensure against negative environmental impacts.
8.01.A
Understand the impact of cyberethics on a business.
8.02.A
Understand the impact of e-commerce laws on business.
1.01.A.1
Career research
1.01.A.2
High-skill, high-wage, or in-demand careers in pathway
1.01.A.3
Relevant career and postsecondary requirements
1.02.A.1
Skill development
1.02.A.2
Leadership
1.02.A.3
Service learning
1.02.A.4
Competitive and professional development experiences
2.01.A.1
Adaptability
2.01.A.2
Collaboration
2.01.A.3
Communication
2.01.A.4
Critical thinking
2.01.A.5
Empathy
2.01.A.6
Learner’s mindset
2.01.A.7
Personal responsibility
2.02.A.2
Strategies for developing skills
2.02.A.1
Relevance to pathway careers
3.01.A.1
Code of ethics
3.01.A.2
Understand regulations
3.01.B.1
Crucial for trust
3.01.B.2
Boosts reputation
3.01.B.3
Social responsibility
3.01.C.1
Financial gain
3.01.C.2
Peer pressure
3.01.D.1
Affects stakeholders
3.01.D.2
Damages trust
3.01.D.3
Viability
3.02.A.1
Contract Law
3.02.A.2
Sales Law
3.02.A.3
Property Law
3.02.A.4
Intellectual Property
3.02.A.5
E-Commerce Law
3.02.A.6
Bankruptcy Law
3.02.A.7
Tax Law
3.03.A.1
Civil and criminal law reasoning
3.03.A.2
Purpose of the civil justice system
3.03.A.3
Importance of negligence
3.03.A.4
Regulatory agencies
3.03.A.5
Purpose of the criminal justice system
4.01.A.1
Sole Proprietorship
4.01.A.2
Partnership
4.01.A.3
Corporation
4.01.A.4
Franchise
4.01.A.5
Limited Liability Company (LLC)
4.01.A.6
S Corp
4.01.A.7
Hybrid
4.02.A.1
Liability
4.02.A.2
Capital requirements
4.02.A.3
Control
4.02.A.4
Tax implications
4.02.A.5
Ease of formation
4.02.A.6
Business vision
4.02.A.7
Exit Strategy
4.02.A.8
Risk tolerance
4.02.A.9
Industry influence and regulation
4.02.A.10
Resource sharing
5.01.A.1
Ethical hiring
5.01.A.2
Laws of labor practices
5.01.A.3
Ethical promotion.
5.02.A.1
Occupational Safety and Health Administration (OSHA)
5.02.A.2
Americans with Disabilities Act (ADA)
5.02.A.3
Workers' Compensation
5.03.A.1
Age Discrimination in Employment Act
5.03.A.2
Fair Labor Standards Act (FLSA)
5.03.A.3
Family and Medical Leave Act (FMLA)
5.03.A.4
North Carolina Youth Employment Provisions
5.03.A.5
Right-To-Work Law
5.03.A.6
Social Security Act
5.03.A.7
Civil Rights Act of 1991
5.03.A.8
Title VII of the Civil Rights Act of 1964
6.01.A.1
Obedience to authority
6.01.A.2
Conformity
6.01.A.3
Groupthink
6.01.A.4
Over-optimism
6.01.A.5
Impact of short-term gratification
6.01.A.6
Self-interest
6.02.A.1
Key laws
6.02.A.2
Internal Revenue Service (IRS)
6.02.A.3
Consumer Financial Protection Bureau (CFPB)
6.03.A.1
Consumer Financial Protection Bureau (CFPB)
6.03.A.2
Lending function regulations.
6.04.A.1
Forms of bankruptcy
6.04.A.2
Factors to consider in bankruptcy.
7.01.A.1
Business impact
7.01.A.2
Core principles
7.01.A.3
Energy law
7.02.A.1
Positive and negative impacts
7.02.A.2
Enforcement of laws
7.02.A.3
Regulatory Agencies.
7.02.A.4
Key Environmental Laws.
8.01.A.1
Related ethical issues
8.01.A.2
Crucial for business
8.01.A.3
Digital footprint
8.02.A.1
Law purpose
8.02.A.2
Common e-commerce laws
8.02.A.3
Consumer Protection Laws
8.02.A.4
Impact on business.
8.02.A.5
Benefits of compliance
1.01.A.2.a
Local
1.01.A.2.b
State
1.01.A.2.c
National
3.01.A.1.a
Morals
3.01.A.1.a.1
Respect
3.01.A.1.a.2
Integrity
3.01.A.1.b
Consequential
3.01.A.1.c
Rule-based
3.01.A.2.a
Governing laws
3.01.A.2.b
Consequence of breaching
3.02.A.1.a
Legally binding agreements
3.02.A.1.b
Elements contract
3.02.A.1.b.1
Offer
3.02.A.1.b.2
Acceptance
3.02.A.1.b.3
Consideration
3.02.A.1.b.4
Legality
3.02.A.1.b.5
Capacity
3.02.A.1.c
Ensures fulfillment of obligations
3.02.A.1.d
Fosters trust in business relationships
3.02.A.2.a
Regulates purchase and sale of goods
3.02.A.2.b
Buyer-seller rights and responsibilities
3.02.A.2.b.1
Warranties
3.02.A.2.b.2
Delivery terms
3.02.A.2.c
Uniform Commercial Code (UCC)
3.02.A.3.a
Ownership rights
3.02.A.3.a.1
Real property (land and buildings)
3.02.A.3.a.2
Personal property (goods)
3.02.A.3.b
Importance of deeds
3.02.A.3.c
Common property disputes
3.02.A.4.a
Protection of mind creations
3.02.A.4.a.1
Patents
3.02.A.4.a.2
Trademarks
3.02.A.4.a.3
Copyrights
3.02.A.4.a.4
Trade secrets
3.02.A.4.b
Protection roles
3.02.A.5.a
Legal issues in online transactions
3.02.A.5.a.1
E-contracts
3.02.A.5.a.2
Data privacy
3.02.A.5.a.3
Cybersecurity
3.02.A.5.b
Cybersecurity issues
3.02.A.5.c
Electronic contracts
3.02.A.5.d
Digital signatures
3.02.A.6.a
Financial distress
3.02.A.6.b
Types of bankruptcy
3.02.A.6.b.1
Chapter 7
3.02.A.6.b.2
Chapter 11
3.02.A.6.b.3
Chapter 13
3.02.A.6.c
Purpose
3.02.A.6.c.1
Debt management
3.02.A.6.c.2
Protects assets
3.02.A.6.c.3
Restructure of operations
3.02.A.7.a
Business taxation
3.02.A.7.b
Common business taxes
3.02.A.7.b.1
Income tax
3.02.A.7.b.2
Sales tax
3.02.A.7.b.3
Payroll tax
3.02.A.7.c
Tax compliance
3.03.A.1.a
Enforce laws
3.03.A.1.b
Ensure accountability
3.03.A.1.c
Protect public health
3.03.A.1.d
Protect economy
3.03.A.1.e
Protect competition
3.03.A.1.f
Conserve the environment
3.03.A.1.g
Protect consumers and investors
3.03.A.1.h
Regulate workplace conditions
3.03.A.2.a
Resolve disputes
3.03.A.2.b
Compensate injured party
3.03.A.2.c
Restore pre-incident state
3.03.A.3.a
Assumption of risk
3.03.A.3.b
Contributory negligence
3.03.A.3.c
Comparative negligence
3.03.A.4.a
Federal Trade Commission (FTC)
3.03.A.4.b
Federal Communications Commission
3.03.A.4.c
Food and Drug Administration
3.03.A.4.d
Occupational Safety and Health Administration
3.03.A.5.a
Address crimes
3.03.A.5.b
Punish offenders
3.03.A.5.
Deters future crimes
4.01.A.1.a
Advantages
4.01.A.1.a.1
Easy setup
4.01.A.1.a.2
Owner has full control
4.01.A.1.a.3
Lower taxes
4.01.A.1.a.4
Easy to close
4.01.A.1.a.5
Owner retains all profit
4.01.A.1.b
Disadvantages
4.01.A.1.b.1
Limited capital and resources
4.01.A.1.b.2
Personal liability
4.01.A.1.b.3
Limited expertise and capabilities
4.01.A.2.a
Advantages
4.01.A.2.a.1
Workload and decision-making sharing
4.01.A.2.a.2
Ease of startup
4.01.A.2.a.3
Capital and resource pooling
4.01.A.2.a.4
Pass-through taxation
4.01.A.2.a.5
Decreased competition
4.01.A.2.b
Disadvantages
4.01.A.2.b.1
Personal liability
4.01.A.2.b.2
Limited capital
4.01.A.2.b.3
Disagreements with partners
4.01.A.2.b.4
Profit sharing
4.01.A.3.a
Advantages
4.01.A.3.a.1
Limited liability
4.01.A.3.a.2
Stock option to raise capital
4.01.A.3.a.3
Unlimited life
4.01.A.3.a.4
Easy to transfer ownership
4.01.A.3.a.5
Skilled personnel
4.01.A.3.b
Disadvantages
4.01.A.3.b.1
Difficulty in forming and operating
4.01.A.3.b.2
Higher administrative costs
4.01.A.3.b.3
Subject to double taxation
4.01.A.3.b.4
Shareholders have limited control
4.01.A.4.a
Advantages
4.01.A.4.a.1
Established and recognized brand
4.01.A.4.a.2
Support provided for training, marketing, and operations
4.01.A.4.a.3
Security of proven market
4.01.A.4.b
Disadvantages
4.01.A.4.b.1
Upfront fees
4.01.A.4.b.2
Adherence to rules and standards
4.01.A.4.b.3
Profit sharing
4.01.A.5.a
Advantages
4.01.A.5.a.1
Personal asset protection
4.01.A.5.a.2
Management structure flexibility
4.01.A.5.a.3
Ownership structure options
4.01.A.5.b
Disadvantages
4.01.A.5.b.1
Lifespan limits
4.01.A.5.b.2
Capital challenges
4.01.A.6.a
Advantages
4.01.A.6.a.1
Tax savings
4.01.A.6.a.2
Personal asset protection
4.01.A.6.a.b
Disadvantages
4.01.A.6.a.b.1
Ownership restrictions
4.01.A.6.a.b.2
Operational formalities
4.01.A.6.a.b.2.a
regular shareholder meetings
4.01.A.6.a.b.2.b
detailed corporate records
4.01.A.7.a
Advantages
4.01.A.7.a.1
Business structures flexibility
4.01.A.7.a.2
Limit personal liability with control
4.01.A.7.a.3
Customizable
4.01.A.7.a.4
Cost to start and operate
4.01.A.7.b
Disadvantages
4.01.A.7.b.1
Structure complexity
4.01.A.7.b.2
Regulatory compliance
4.01.A.7.b.3
Stakeholder confusion with structure
4.02.A.1.a
Unlimited
4.02.A.1.b
Limited
4.02.A.2.a
Startup funds
4.02.A.2.b
Operating expenses
5.01.A.1.a
Equal opportunity
5.01.A.1.b
Bias elimination
5.01.A.2.a
Civil Rights Act of 1964
5.01.A.2.b
Equal Employment Opportunity Act of 1972
5.01.A.3.a
Qualifications-based promotion
5.01.A.3.b
Promotions should be earned through hard work and competence.
5.01.A.3.
Transparency in promotion decisions to build trust among employees.
5.02.A.1.a
Sets safety standards
5.02.A.1.a.i
Establish safety regulations
5.02.A.1.a.ii
Conducting inspection
5.02.A.1.a.iii
Promoting safety training
5.02.A.1.b
Enforcement of standards
5.02.A.2.a
Prohibits disability discrimination
5.02.A.2.b
Ensure reasonable accommodations
5.02.A.2.c
Promotes inclusion and equal opportunities
5.02.A.3.a
Worker benefits
5.02.A.3.a.i
medical care
5.02.A.3.a.ii
disability payments
5.02.A.3.a.iii
rehabilitation services
5.02.A.3.b
Injury protection
5.02.A.3.c
Mandates employer insurance coverage
6.02.A.1.a
Securities Act of 1933
6.02.A.1.b
Securities Exchange Act of 1934
6.02.A.1.c
Sarbanes-Oxley Act of 2002
6.02.A.1.d
Securities and Exchange Commission (SEC)
6.02.A.1.e
Equal Credit Opportunity Act
6.03.A.1.a
Consumer protection
6.03.A.1.b
Fair banking practices
6.03.A.2.a
Equal Credit Opportunity Act (ECOA).
6.03.A.2.a.1
Anti-discrimination
6.03.A.2.a.2
Fair access
6.03.A.2.b
Fair Credit Reporting Act (FCRA)
6.03.A.2.b.1
Protection of consumers' credit information
6.03.A.2.b.2
Right to dispute inaccuracies on credit
6.03.A.2.c
Usury Laws
6.03.A.2.c.1
Protects from excessive interest rates
6.03.A.2.c.2
Lending limits
6.03.A.2.d
Truth in Lending Act (TILA)
6.03.A.2.d.1
Ensures transparency in lending
6.03.A.2.d.2
Borrower protection
6.03.A.2.d.3
Borrower empowerment
6.04.A.1.a
Chapter 7:
6.04.A.1.a.1
Liquidation form
6.04.A.1.a.2
Used when business is no longer viable
6.04.A.1.a.3
Insufficient assets and income to continue
6.04.A.1.b
Chapter 11:
6.04.A.1.b.1
Reorganization form
6.04.A.1.b.2
Used by businesses to reorganize
6.04.A.1.b.3
Continue operations while repaying debts
6.04.A.1.c
Chapter 12:
6.04.A.1.c.1
Form used by family farmer or fisherman
6.04.A.1.c.2
Restructures debt
6.04.A.1.c.3
Allows to continue operations
6.04.A.1.d
Chapter 13:
6.04.A.1.d.1
Repayment form
6.04.A.1.d.2
Personal reorganization
6.04.A.1.d.3
Repay debts over time.
6.04.A.2.a
Legal counsel
6.04.A.2.b
Business future goals
6.04.A.2.c
Creditor cooperation
6.04.A.2.d
Filing cost
7.01.A.1.a
Protect environment
7.01.A.1.b
Preserve environmental history
7.01.A.2.a
Prevent environmental harm
7.01.A.2.b
Cleanup is polluter responsibility
7.01.A.2.c
Promote sustainability
7.01.A.3.a
Focus
7.01.A.3.a.1
Production
7.01.A.3.a.2
Distribution
7.01.A.3.a.3
Use of energy resources
7.01.A.3.b
Energy Independence & Security Act
7.01.A.3.b.1
Enhance energy security
7.01.A.3.b.2
Improve energy efficiency
7.01.A.3.b.3
Promote renewable energy sources
7.01.A.3.c
Department of Energy.
7.01.A.3.c.1
Overseeing energy-related policies and programs
7.01.A.3.c.2
National energy security
7.01.A.3.c.3
Promotes scientific innovation
7.01.A.3.d
Environmental Protection Agency (EPA).
7.01.A.3.d.1
Protect human health and environment
7.01.A.3.d.2
Enforces regulations
7.01.A.3.e
Federal Energy Regulatory Commission (FERC).
7.01.A.3.e.1
Oversees electricity, natural gas, and oil
7.01.A.3.e.2
Energy market regulation
7.01.A.3.e.3
Regulates hydroelectric projects
7.01.A.3.f
Clean Water Act.
7.01.A.3.f.1
Regulates discharge of pollutants
7.01.A.3.f.2
Maintains and restores water resources
7.01.A.3.f.3
Establishes standards
7.01.A.3.g
National Environmental Policy Act (NEPA).
7.01.A.3.g.1
Environmental impact statements
7.01.A.3.g.2
Alternative courses of action
7.01.A.3.h
Pollution Protection Act.
7.01.A.3.h.1
Preventing pollutants
7.01.A.3.h.2
Reducing pollutants
7.01.A.3.i
Nuclear Regulatory Commission (NRC).
7.01.A.3.i.1
Nuclear materials and facilities
7.01.A.3.i.2
Licenses and regulates
7.01.A.3.i.2.a
Reactors
7.01.A.3.i.2.b
Materials
7.01.A.3.i.2.c
Waste disposal
7.01.A.3.j
Clean Air Act.
7.01.A.3.j.1
Control air pollution
7.01.A.3.j.1.a
Set national air quality standards
7.01.A.3.j.1.b
Regulate emissions
7.01.A.3.j.2
Reduce pollutants
7.01.A.3.k
Energy Policy Act.
7.01.A.3.k.1
Diversify energy supply
7.01.A.3.k.2
Promote energy efficiency and conservation
7.01.A.3.k.3
Energy security
7.01.A.3.k.4
Provisions
7.01.A.3.k.4.a
Renewable energy
7.01.A.3.k.4.b
Alternative fuels
7.01.A.3.k.4.c
Energy infrastructure
7.01.A.3.k.4.d
Energy efficiency standards
7.02.A.1.a
Legal consequences
7.02.A.1.b
Ethical responsibilities
7.02.A.2.a
Conduct inspections
7.02.A.2.b
Issue permits
7.02.A.2.c
Enforce penalties
7.02.A.3.a
Environmental Protection Agency (EPA).
7.02.A.3.b
National Oceanic and Atmospheric Administration (NOAA).
7.02.A.3.c
Occupational Safety and Health Administration (OSHA).
7.02.A.4.a
Clean Air Act (CAA).
7.02.A.4.b
Clean Water Act (CWA).
7.02.A.4.c
Resource Conservation and Recovery Act (RCRA).
7.02.A.4.d
National Environmental Policy Act (NEPA).
7.02.A.4.e
Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA).
8.01.A.1.a
computer technology
8.01.A.1.b
internet use
8.01.A.1.c
digital communication
8.01.A.2.a
Protecting customer data and privacy
8.01.A.2.b
Avoiding cyberbullying and harassment in the workplace
8.01.A.2.c
Preventing cyberattacks and data breaches
8.01.A.2.d
Impacts a company’s reputation, brand image, and customer trust
8.01.A.3.a
Online trace effects
8.01.A.3.b
Online reputation
8.02.A.1.a
Online regulation
8.02.A.1.b
Consumer protection
8.02.A.1.c
Ensure fair business practices
8.02.A.1.d
Maintain trust in online markets
8.02.A.1.e
Data protection
8.02.A.1.f
Consumer rights
8.02.A.1.g
Contract enforcement
8.02.A.2.a
General Data Protection Regulation (GDPR)
8.02.A.2.a.1
Govern data protection
8.02.A.2.a.2
Ensure privacy
8.02.A.2.a.3
Data handling
8.02.A.2.a.3.i
Must obtain explicit consent
8.02.A.2.a.3.ii
Right to access, correct, and delete
8.02.A.2.a.4
Data breaches
8.02.A.2.a.4.i
must be reported within 72 hours
8.02.A.2.a.4.ii
Fines for non-compliance
8.02.A.2.b
Uniform Commercial Code (UCC)
8.02.A.2.b.1
Governs commercial transactions
8.02.A.2.b.2
Rules for forming and enforcing contracts
8.02.A.2.b.3
Defines the rights and obligations
8.02.A.2.b.3.i
warranties
8.02.A.2.b.3.ii
delivery terms
8.02.A.2.b.3.iii
electronic signatures
8.02.A.2.b.4
Enforce electronic contracts
8.02.A.2.c
Children's Online Privacy Protection Act (COPPA)
8.02.A.2.c.1
Protect the privacy of children
8.02.A.2.c.2
Set requirements for collecting children’s information
8.02.A.2.c.3
Must obtain verifiable parental consent
8.02.A.2.c.4
Restrictions
8.02.A.2.c.4.i
Advertising to children
8.02.A.2.c.4.ii
Tracking of activities
8.02.A.3.a
Product quality
8.02.A.3.b
Product warranties
8.02.A.3.c
Pricing transparency
8.02.A.3.d
Resolution of disputes
8.02.A.3.e
Clear pricing information
8.02.A.3.f
Right to return or exchange goods
8.02.A.3.g
Consumer complaints and disputes
8.02.A.4.a
Fines
8.02.A.4.b
Legal actions
8.02.A.4.c
Damage to reputation
8.02.A.5.a
Building and maintaining customer trust
8.02.A.5.b
Avoiding costly legal battles and fines
8.02.A.5.c
Preserving the company's reputation and brand image
Framework metadata
- Source document
- BB30 Business Ethics and Law I 2024 Curriculum Guide
- License
- CC BY 4.0 US