Legal and Governmental Processes I

Written Assignment 4

There are two options for this writing assignment. You can either:

1) Write a paper detailing how social contract theory might be applied in an organization of your choosing. What rules might rationale managers and employees agree to for their mutual benefit on the condition that others agree to be bound by these rules as well? What are the advantages and disadvantages of such a 'micro'-social contract?

or

2) Write a paper outlining under what conditions regulation might justifiably be used to 'interfer' in a transaction between a willing buyer and a willing seller. Don't think such conditions exist? Consider prostitution...or child labor. There are other examples of 'market failure' which might justifiably prompt regulation. What I would like to see is a paper outlining the principles which might be used to justify regulation...rather than a paper containing only specific examples.

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