There has been an interesting and somewhat disturbing trend of athletes and even common people selling stock in themselves as an alternative to traditional loans (see the list of links at the bottom of this assignment). However is it legal? Is it Ethical?

There has been an interesting and somewhat disturbing trend of athletes and even common people selling stock in themselves as an alternative to traditional loans (see the list of links at the bottom of this assignment). However is it legal? Is it Ethical? What problems or questions may this create in society? These are the questions you will answer in this assignment. Specifically I want you to analyze each of the situations listed below in the links and Answer, FOR EACH SCENARIO, is it legal (if yes why if no why), What laws govern this type of situation (list and BRIEFLY describe (hint you may actually have to use your book), Is it ethical (if yes why and if no why), and extend you reasoning to include possible societal ramifications. In organizing the paper set it up so each scenario is separate and answers those questions. ***************** (Grouped as Scenario ONE)***************** https://www.youtube.com/watch?v=4A4L-sKOg_s https://www.youtube.com/watch?v=UUu4dnUXEJI https://www.youtube.com/watch?v=HzZPuqipamI http://www.kmikeym.com/ ***************** (Grouped as Scenario TWO)***************** http://dealbook.nytimes.com/2013/10/17/want-a-piece-of-a-star-athlete-now-you-really-can-buy-one/?_php=true&_type=blogs&_r=0 http://www.seacoastonline.com/articles/20140326-BIZ-403260354 http://abclocal.go.com/wpvi/story?id=9475801 https://fantex.com/how-it-works ******************************************************************* Grouped as Scenario Three http://money.cnn.com/2014/02/10/smallbusiness/upstart-invest/ http://www.nytimes.com/2013/07/20/your-money/unusual-student-loan-programs-link-to-future-earnings.html http://www.economist.com/blogs/freeexchange/2012/04/education Laws you may want to examine do your own research as well https://www.sec.gov/about/laws.shtml http://en.wikipedia.org/wiki/Securities_regulation_in_the_United_States http://ncjolt.org/in-offering-stock-in-professional-athletes-fantex-has-legal-hurdles-to-clear/

 

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