PAPER REQUIREMENTS: 1. Please read the prompt carefully, there are 5 questions that you need to answer using the class contents that I provide. Be specific, providing details example and analysis skills 2. Please use the class resources as the preferences when writing this paper. I uploaded a lot of class resources, please make sure you utlize them for this paper 3. I also provide you 2 potential answers for the 5 questions that you can use to write this paper. However, please make sure the answers are correct 4. Again, very important the answers must be CLEAR, CONCISE, SPECIFIC, AND DETAILS. Please utilize the class contents as you answer the questions This exercise is intended to provide you with an opportunity to synthesize and apply some of your learnings from this course. You will not have the opportunity to demonstrate all that you have learned over the last 7 weeks, but you should be able to succinctly and carefully analyze the most significant legal and ethical issues that arise in the following scenario. You are free to use any resources provided during this course, but it will be considered academic misconduct to discuss this assignment with any other individual. ?Assume you have taken on a management position at Sellers Eskew Perry Convenience, Inc. (SEP), which is incorporated in Delaware, headquartered in Boston, and own/operates convenience stores (with gas stations and a robust retail inventory) throughout New England. SEP has about 2000 employees, ranging from minimum-wage cashiers to C-Suite executive employees. The stores sell alcoholic beverages, tobacco and e-cigarettes, and typical convenience store snack items. It uses a different supplier for each of those categories of products. If SEP is to make sound business decisions, you and your management colleagues must be aware of a broad array of legal considerations. Sometimes, legal principles may constrain SEPs business decisions; at other times, the law may prove a valuable ally of SEP in the successful operation of the firms business.??Of course, you and other members of the SEP management group will rely on the advice of in-house counsel or outside attorneys who are in private practice. The approach of simply leaving the law to the lawyers, however, is likely to be counterproductive. It will often be up to nonlawyers such as you to identify a potential legal issue or pitfall about which SEP needs professional guidance. If you fail to spot the issue in a timely manner and legal problems are allowed to develop and fester, even the most skilled attorneys may have difficulty rescuing you and the firm from the resulting predicament.??If, on the other hand, your failure to identify a legal consideration means that you do not seek advice in time to obtain an advantage that applicable law would have provided SEP, the corporation may lose out on a beneficial opportunity. Either way that is, whether the relevant legal issue operates as a constraint or offers a potential advantage you and the firm cannot afford to be unfamiliar with the legal environment in which SEP operates. Additionally, simply following the law to avoid regulatory penalties or litigation risks may not necessarily result in an organizational culture consistent with the stated values of SEP to Always do business the right way, taking care to promote an ethical culture where each individual can flourish and feel good about making a difference for customers and the community. Please answer the following questions; you can enter your responses directly in this assignment, after each question below. Your responses should be about 2, and no more than 3, paragraphs for each question – approximately 200-400 words (total) for each of the prompts. ?NB: Id like answers to be thoughtful, creative, and concise integrating material from across the 7 weeks and demonstrating how your critical thinking and analysis skills have improved while wrestling our course content, but not regurgitating everything, ala the proverbial kitchen sink approach. Reference to specific concepts, terminology, readings, etc. that demonstrates your active engagement with the course materials is always a good idea. MAIN CONCEPT OF THIS PAPER 1. What sources of law should you and the management team be familiar with and why? 2. Broadly, what legal issues in the areas of employment law, torts, and contracts should SEP management be aware of? 3. Are there any strategic ways in which SEP can act preemptively to protect or advance SEP’s business interests, while limiting legal exposure – and if you are sued, what are the likely consequences of litigation that the company and you as a manager should expect? 4. How should management proceed if the law will permit action that might not be consistent with creation of organizational integrity or ethical in the eyes of all stakeholders? 5. Given your companys desire to act ethically, what advice do you have for your employees about the distinction between ethics and compliance, and the sorts of pitfalls they should know about and try to avoid as they attempt to create an ethical (and legally responsible) culture.