On the Business Legal Front 站在商业法律前沿,Unit 12,Learning objectives,1. In this unit students will learn words and expressions related to business law.,2. Students will be able to talk about issues related to business laws.,Comprehension Questions:,1. What were the reasons that the spouse of the worker lashed out against EA?,The reason is that her husband worked overtime without payment and additional vacation.,2. When was this complaint formally filed and what did they want to achieve?,It is on July 29, 2004 the complaint was filed and the purpose is to recover the money plaintiffs feel is owed to them.,3. What are the legal proceedings to start a class-action lawsuit?,To initiate a class-action suit, a group must first be certified as a “class” by the court.,4. What was EAs position to react to react to the upcoming lawsuit?,EA denies plaintiffs claim. It is EAs position that it treats its employees fairly and lawfully, and that it has properly classified its employees within the meaning of the law. EA will not retaliate against employees for exercising legal rights, including by participating in the proposed class action.,First listening: listen for the gist,Part A,What is the main idea of news item one?,Electronic Arts, the worlds biggest video game company, said Wednesday that it will pay $15.6 million to settle a lawsuit filed by current and former graphic artists seeking overtime pay.,What is the main idea of news item two?,A class-action lawsuit has been filed against PayPal, an online payment company, days after the companys successful initial public offering.,Second listening: listen for specific information,filed, overtime pay, class action lawsuit, charge, restricted stock, stock option, initial public offering, illegitimately, unspecified,Notice the following law-related expressions :,Third listening: sentences imitation,You are asked to use the following active vocabularies to form sentences as what you have heard from listening.,Electronic Arts, the worlds biggest video game company, said Wednesday that it will pay $15.6 million to settle a lawsuit _ by current and former graphic artists seeking overtime pay.,1. filed,filed,2. class action lawsuit,The proposed settlement of the _ must be approved by the California Superior Court.,class action lawsuit,The employees _ that EA violated labor laws requiring it to pay overtime and penalties.,3. charge,charged,4. eligible for, restricted stock,Under the settlement, about 200 entry-level artists will become hourly workers _ overtime pay and a one-time grant of _ EA _.,eligible for,restricted stock,Those employees would be excluded from bonuses and _ grants, said Jose Martin, head of human resources for EA.,5. stock option,stock option,6. tradefor,The lawsuits signify a changing view among some workers at Silicon Valley companies, where employees have traditionally _ long work hours _ the chance to get rich with stock option grants.,traded,for,A class-action lawsuit has been filed against PayPal, an online payment company, days after the companys successful _.,7. initial public offering,initial public offering,Filed Wednesday in California Superior Court in Santa Clara County, the suit charges PayPal with_ restricting customers _ their money.,8. illegitimately, access to,illegitimately,access to,The suit asks for an _ amount of damages.,9. unspecified,unspecified,First listening: listen for the gist,Part B,What is the main idea of this listening?,Companies are Getting Unexpected Benefits from their Sarbanes-Oxley Outlays.,Second listening: listen for specific information,Sarbanes-Oxley compliance, compliance measures，costly nuisance，oversight, set and review budget, put in place, take off, productive capacity, transparency, accounting and auditing procedures, being part of the very fabric of an organization.,Notice the following expressions:,Third listening: sentence imitation,You are asked to use the following active vocabularies to form sentences as what you have heard from listening.,Companies are spending more money than they ever imagined to put the new _ into place.,1. compliance measures,compliance measures,Rather than viewing Sarbanes-Oxley compliance as a costly _, smart companies are discovering that the accompanying investment in software and other IT systems are providing tools to improve how their businesses are run.,2. nuisance,nuisance,We see the 30% on technology as going to systems that structure and automate the financial management and _ processes.,3. oversight,oversight,And if, for instance, they see that after a month sales are _ faster in one region than in another, it allows them to shift marketing dollars or productive capacity and investment much more quickly.,4. take off,taking off,And if, for instance, they see that after a month sales are taking off fas