OUTLINE FOR TERM PROJECT SELECT A TOPIC OF YOUR CHOICE: Examples --- Credit Card Fraud; Identity Theft; Check Fraud; E Contracts and the UCC; Product Liability - Toyota brakes or sudden acceleration; defective medication or inadequate warnings on label ; Punitive Damages - when does it apply? Introduction – Background of topic (e.g. Credit Cards — when 1st introduced? Purpose of Card? How many in circulation today? Product liability - what is it? Intention of law? Purpose? Problems Associated with Topic: Monetary losses to industry: Higher costs to consumers ; injuries and/or damages to consumer users — Consider the use of Graphs or Charts to illustrate the problems Statistical Survey of Problem over past 3 to 5 years — Check Fraud or ID Theft or personal injury claims ( if topic is Product Liability) Are the problems associated with the topic increasing OR decreasing? What laws presently exist ( federal, state ) to eliminate the problem(s)? Are they effective? Why? Why not? What do people in business suggest to remedy the problems? What do consumer advocates suggest? What does government suggest? Insurance companies? Trade Associations? Chamber of Commerce? VI Based on your research, what do you suggest that industry or government or both attempt to do to remedy the problem(s)? Why? Available sources for research include : Internet - Wall Street Journal; N Y Times; Fortune Magazine; Business Week; Forbes; Federal Reserve; Huffington Post; USA Today ; Law Journal Articles; Books; American Bankers Association; Insurance Company Association; Chamber of Commerce; N YS Attorney General's Office; Consumer Product Safety Commission; Local bank branch - interview w branch manager or his/her assistant - ULTIMATE GOAL: Be informative, thorough, imaginative, creative and proof read for errors