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Week 3: AssignmentIn each week, the learning assignment is designed to demonstrate your competence with theTerminal Course Objectives of the course. Prior to working on the assignment, you should readthrough the weeks chapters and lecture.Clearly identify your work with your name, the date, the week number and the assignmentname, and upload work to the Dropbox.The questions are designed to probe the higher levels of thinking and learning, such asanalyzing, evaluating, and creating, and so there often are no correct answers. Instead offocusing and who wins or loses the case, you should analyze, evaluate, and create alternativesolutions to the various issues presented while arguing and debating the connectionsbetween business, law, politics, and ethics.Terminal Course Objective: EVideo Case Study: Environmental ProtectionEnvironmental Victoryhttp://media.pearsoncmg.com/ph/streaming/bp/2013/business_law/BLaw2013_Env_Prot.htmlWatch the video case study and then write a one- to two-page reflective paper (doublespaced) on the following questions while discussing the connections between business, law,politics, and ethics.1. The idea of global warming has not been universally accepted. Discuss how the law mustbalance competing scientific opinions and make decisions in light of uncertainty. How shouldthis be done?2. Discuss the different stakeholders who have concern in this situation. What are theirinterests, and which stakeholder should have the priority position?3. Environmental law is both federal and state-controlled. Discuss the effect on stateregulations if the federal government, through the Environmental Protection Agency, changesthe standards for air pollution and carbon dioxide emissions.