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Read the requirements in both assignments thorough and complete both assignments according to requirements and in detail. Please cite all references appropriately. Document Preview: Week 03 Discussion...

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Read the requirements in both assignments thorough and complete both assignments according to requirements and in detail. Please cite all references appropriately.
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Week 03 Discussion - Technology and Copyright Law: On pages 223 and 224 of the text, there is a discussion of the contemporary debate about new technology and copyright infringement. In your opinion, what is the best way to address the problem of music and movie piracy? I have uploaded a ppt to refer to for this discussion. Please provide me a 1.5 pages of discussion in detail. Also, the book that we are using for this class is the following: Title:Essentials of the Legal EnvironmentAuthor:Roger L. Miller, Frank B. Cross and Gaylord A. JentzPublisher:South-Western Cenage LearningYear/Ed:2011, Third EditionISBN-13: XXXXXXXXXX

Answered Same Day Dec 31, 2021

Solution

Robert answered on Dec 31 2021
112 Votes
Failure: A Bankrupt Idea
Running Head: THE BANKRUPTCY SYSTEM
1
PAGE
5
THE BANKRUPTCY SYSTEM
The Bankruptcy System
Name
Institution
The Bankruptcy System
Criticism Made of the Bankruptcy System
Bankruptcy system refers to an authorized system used to check the level of debts among individuals in the US. This system controls and maintains the flow of cash and balances in the economy. Through the bankruptcy system, individuals can be relived of their debts through termination from certain transactions. This helps establish a new record of accomplishment for persons with previous experiences of unbearable debts. The federal court system in the US controls and guides the activities of this system.
According to the article on bankruptcy system, many potential companies have been let to go into bankruptcy amid claims of reviving them by federal court judges. This is evident by the fact that weak and failing companies have been given time for revival compared to the small but efficiently managed companies. Coy (2009) states that the powers to determine the type of companies to be declared bankrupt lies within the hands of wrong judges. In a bid to co
ect this defect, chapter 11 of the United States Bankruptcy code needs to be revived.
Chapter 11 of the United States Bankruptcy Code outlines clearly the type of companies that should be exempted from bankruptcy. According to Johnson and Giddens (2006, pp. 1-3) Chapter 11of this code provides room for companies that are near bankruptcy to revive partially or completely.
This code legally allows such companies to write off some of the debts and liabilities they face in regards to their expansion.
The article consequently points out the flaws available in the United States bankruptcy Code. According to Coy (2009), requirements to this Bankruptcy rule have been neglected and looked down upon. This is evident by the fact that Federal State officials are seen to take a neutral stand over wrong executions made.
Coy (2009) establishes flaws evident in the Federal Reserve in dealing with financial systems. This is clearly evident by the fact that Lehman Brothers, one of the professionally managed investment company in the United States, is forced into bankruptcy. This move was considered unlawful since the...
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