The Civil Rights Bill Of 1964 - 1841 Words

arantees regarding business According to (Annotation 5 - Fourteenth Amendment , 2015) â€Å"The Constitution does not guarantee the unrestricted privilege to engage in a business or to conduct it as one pleases. Certain kinds of business may be prohibited; and the right to conduct a business, or to pursue a calling, may be conditioned.† In essence there are certain rules and regulations you must follow and the government may regulate certain industries. For example, you must follow the guidelines of Title VII of the Civil Rights Bill of 1964 with regard to employees, their hiring and firing, particularly regarding discrimination. There are Federal, state, and local laws with which you must be compliant. When creating or implementing contracts†¦show more content†¦According to (About us, 2015)The CFPB† write rules, supervise companies, and enforce federal consumer financial protection laws. restrict unfair, deceptive, or abusive acts or practices, take consumer complaints ,promote financial education, Research consumer behavior, monitor financial markets for new risks to consumers, enforce laws that outlaw discrimination and other unfair treatment in consumer finance† This does give them the authority to impose restrictions that could negatively effect the market for the Back Office app. I do feel as with any new business or development there is always a risk. I also know the Consumer Financial Protection Bureau as a business entity you may ask them a question, work with them to try and impact the regulation on you new app. You can present them the information about Back Office and how this regulation could have the negative impact and possibly they could later the language of the regulations to lessen or mitigate the regulations. There is cont act information and resources at their website that you can access. This is well within this organizations scope of operation and could impact the app and you may have no recourse other than a redesign of how the app functions using the regulations as a guide and work around them making all transactions meet or exceed the regulations that affect the app. Role of contracts in