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Legal compliance is the process or procedure to ensure that an organization follows relevant laws, regulations and business rules. [5] The definition of legal compliance, especially in the context of corporate legal departments, has recently been expanded to include understanding and adhering to ethical codes within entire professions, as well.
This is an accepted version of this page This is the latest accepted revision, reviewed on 20 January 2025. Feeling of regard for someone or something For other uses, see Respect (disambiguation). "Respectability" redirects here. For the nonprofit organization, see RespectAbility. For the form of discourse, see Respectability politics. The examples and perspective in this article may not ...
Furthermore, a general business and human rights treaty would have to be constructed at such a high level of abstraction that any practical applicability would be diminished. [14] In this sense, the UNGPs are more favourable because being a "soft law" instrument has allow them be comprehensive and more appealing to Governments.
Commercial law (or business law), [1] which is also known by other names such as mercantile law or trade law depending on jurisdiction; is the body of law that applies to the rights, relations, and conduct of persons and organizations engaged in commercial and business activities.
Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper. [citation needed]
Dignity is the right of a person to be valued and respected for their own sake, and to be treated ethically. In this context, it is of significance in morality, ethics, law and politics as an extension of the Enlightenment-era concepts of inherent, inalienable rights.
The authors propose that the negotiator does the right thing, even interpreting more ambivalent ethical questions conservatively; not because of the attractiveness of potential short-or long-term payoffs, but simply because the other party deserves to be treated with respect and not instrumentalized as a means to one’s own better negotiation ...
Respect of client confidence, candor toward the tribunal, truthfulness in statements to others, and professional independence are some of the defining features of legal ethics. The Multistate Professional Responsibility Examination (MPRE) is used to measure examinees' knowledge and understanding of established standards related to the ...