Business Law Questions Coursework Example | Topics and Well Written Essays - 1750 words

Business Law Questions - Coursework Example The first advantage is that this type of business is easy to form. The business organization is simple with minimal legal formalities that includes the license and permits in special cases. The business is also easy to dissolve if Eva so wishes. The second advantage is that this type of business only needs small startup capital. Apart from this, the amount of money needed for management is small as there is usually no need for specialist in the various functional areas of the company. The third advantage Eva gains from this type of business organization is that it affords a great deal of flexibility in that decision making and changes are easy and fast. The fourth and probably the biggest advantage is that the owner receives all the profits from the business. The final advantage offered is that the company if moderately free from government control. The government regulates this type of business less than other types, thus Eva’s day-to-day operations are smooth as long as she follows the letter of her permit and license. While the business offers many advantages, it also has some challenges. First, these types of companies usually have limited resources. Due to this, banks and other credit facilities are usually reluctant to grant loans due to the high mortality rate of these companies as well few assets owned. The second disadvantage is that the owner assumes unlimited liability. This means that all the debts and loses fall on the head of the owner. The third disadvantage is that in the event the company fails, creditors have the right to force the owner to sell their own property as well as those belonging to the company to offset the debt. Finally, if the owner dies or is incapacitated, the business dies or is incapacitated. In order to raise capital, Eva faces some difficulties as investors unrelated to her will not be comfortable regarding the security and use of their investment. Capital investment for sole proprietorship is also difficult to secure and formalize without risking losing control of the company. The first course of action she may take is to seek financial aid from people related to her such a family and friends. She can also raise loans from financial and banking institutions. In this case, she can secure a loan from the bank for her working capital and seek help from specialized financial institutions in case of long term investment such as buying fixed assets. The third approach is discussing with her suppliers to receive goods on credit, i.e. acquire trade credit. Finally, she can lease her equipment to other firms in order to acquire medium term funds. Question 2 By looking at the second scenario, we find that Don has a basis to set aside the contract. This is because the contract between Don and Evan was entered under coercion. According to Bigwood (369), pure coercion occurs when one party plans to engage in a legal wrong to endorse his demands leaving another party to without any reasonable alternative but to comply. While Evans threat is not a legal wrong it is however exploitative, disagreeable and wrongful in the broader sense hence an improper proposal. Under contract law, Don can prove that he was under duress (duress to the person) thus enabling the contract to be rescinded since it will then be voidable (Stone 337). In order to prove that the contract was under coercion, Don has to prove that no other reasonable option remained but to sign the contract. This can be done by reviewing the relationship between him and his nephew as well as contracts they had entered before. Apart from voiding the contract, Ron can also choose to enforce the contract (Bigwood 370). Cases of

Criminal Psychology Case Study Example | Topics and Well Written Essays - 1250 words

Criminal Psychology - Case Study Example Indiana ) The majority reached this conclusion based on the fact that the petitioner was deaf, had no ability to read or write and that it was doubtful that the petitioner could even develop an ability to communicate by sign language. Since the petitioner was entirely unable to communicate, it was decided that he should be hospitalized until that time in which he could testify. In the case that he would never be able to communicate, the defendant would be hospitalized permanently. Since Case was found 'not guilty', his term of hospitalization depends entirely upon his own mental state. In the case of Jones vs. United States, the petitioner, Jones, committed a range of felonies and upon hospitalization was diagnosed "Schizophrenia, Paranoid Type." (Jones vs. United States)Jones was eventually granted acquittal based on Insanity, and was hospitalized until considered stable. Since Case was labeled "legally insane," he could be hospitalized until stable in a similar situation. Question 2 An actuarial risk assessment tool is used to predict a dangerous behavior as well as the rate of recurrence, impact and likely victims of said behavior. One such assessment tool used for preventing violence was presented by Patterson and colleagues. This is the SAD PERSONS mnemonic, and it is used to prevent suicides by the interpretation of collected data concerning the possibly suicidal nature of the individual. The VISAT, or Victorian Intervention Screening Assessment Tool, is a risk assessment tool used for sexual offenders. The VISAT uses Corrections personnel to predict future occurrences of criminal behavior base on information about the offender. VISAT also focuses upon 'changeable' aspects of the offender's life in order to indicate where risk is high or where treatment could be effective.There are several positive outcomes of Actuarial risk assessment. Through its process, correctional personnel are able to predict a criminal profile so as to identify when and where a crim inal will commit a felony. Such felonies may be prevented by the use of actuarial risk assessment. However, this type of risk assessment is subject to personal opinion, and one wonders how accurate such a prediction could be. In structure clinical judgment, the assessment is based on clinical interviews and observation. Clinical judgment has the added bonus of a professional opinion administered by a trained clinician. However, structure clinical judgment does not include statistical information of any kind; the assessment is based solely on one person's opinion. In the end, there is always the presence of human error.Currently, the relationship between mental illness and crime seems to be effective. According to Jeanne Y. Choe and colleagues, the highest percentage of offenders occurs in committed patients before hospitalization. This seems

Shackleton Case Questions Study Example | Topics and Well Written Essays - 500 words

Shackleton Questions - Case Study Example From this discussion it is clear that  Shackleton’s utmost strong point was his ability to keep the team together and reduce their tension even in situations of dire crisis. He managed to take fast effective decisions for the need of the moment especially when there was shortage of food on the ice and the decision to abandon the ship at the right time. However, the mains weakness lies in his shortsightedness regarding food supplies. We find examples of the men feasting and entertaining themselves with the flesh they hunted and whatever they brought along but care could have been taken to ration the food from the very beginning such that the animals could be kept alive. In fact his decision to kill McNeish’s pet worked against his relation with his subordinate since the latter never pardoned him for this.This report highlights that  Shackleton knew that an effective leader needs to inform the team members about the rewards and incentives lying in the path of achievin g the goals. He promised his men that they will be compensated in full despite the fact that their ship was lost.   His tactics are similar to that of Agamemnon who sent for Achilles with the promises to shower him with gifts of women, land and riches in order to win against Troy.  Machiavelli’s principles of ruling show some great ideas of leadership some of which have already been applied by Shackleton. According to Machiavelli, a leader can be â€Å"deceitful when it suits his purpose and not appear that way†.... He managed to take fast effective decisions for the need of the moment especially when there was shortage of food on the ice and the decision to abandon the ship at the right time (Koehn, 2010, p.12). However, the mains weakness lies in his shortsightedness regarding food supplies. We find examples of the men feasting and entertaining themselves with the flesh they hunted and whatever they brought along but care could have been taken to ration the food from the very beginning such that the animals could be kept alive. In fact his decision to kill McNeish’s pet worked against his relation with his subordinate since the latter never pardoned him for this (Koehn, 2010, p.30). When the dogs were shot in front of the men, the sight was disturbing to all of them (Koehn, 2010, p.16). In a situation where men are fighting for their own survival such a sight of death at the leader’s instructions might give them little confidence about a safe return. 3. What parallels do you see between Shackleton and other leaders whom you have studied? Shackleton knew that an effective leader needs to inform the team members about the rewards and incentives lying in the path of achieving the goals. He promised his men that they will be compensated in full despite the fact that their ship was lost (Koehn, 2010, p.15). His tactics are similar to that of Agamemnon who sent for Achilles with the promises to shower him with gifts of women, land and riches in order to win against Troy (Bass & Bass, 2008, p.366). Machiavelli’s principles of ruling show some great ideas of leadership some of which have already been applied by Shackleton. According to Machiavelli, a leader can be â€Å"deceitful when it suits his purpose and not appear that way† (Heijden,

A Strategic Marketing Assignment on Etisalat Essay

A Strategic Marketing Assignment on Etisalat - Essay Example The telecom industry of the Middle Eastern countries has seen a continuous growth. A forecast by Informa Telecoms and Media shows that the year 2009 will continue to see a constant growth, with almost 28.68 million net inclusions into the mobile market this year. The market is very wide and has as many as almost 250 million mobile subscribers and is expected to reach as high as 250.79 million by the end of 2009 . Company Information:The Company:Etisalat is one of the oldest telecom providers in UAE. It is headed by Mohammad Al Qamzi, the CEO. The company was incorporated in 1976 and has become a part of the Financial Times Top 500 Corporation. In terms of the capitalization and revenues, this company stands on the 6th position in the Middle East. This is the only other largest contributor other than the oil sector, in the development programs of the UAE federal Government. It has also been awarded for being a socially responsible corporation. Etisalat has also been honored for the na tionalization programme . Etisalat offers a number of different products and services. They have a wide variety of products in their portfolio, which totals to almost a hundred and fifty. These include items like the fixed lines, mobiles, and value added services for businesses and consumers. This does not include the additional products and services that are provided by the company to people with special needs . Etisalat’s main region of functioning is in UAE and Iran.

Applicability of Multiculturalism or Melting Pot Theory Essay

Applicability of Multiculturalism or Melting Pot Theory - Essay Example As such, he identifies himself more with Chinese cultural orientation than that of being either a Mexican or an America. The concept of culture has evolved through time. It was initially viewed as an intriguing complex sociological framework since it reflects the elaborate interaction of values, attitudes, perceptions and behavior displayed by a particular society. Eventually, culture emerged as a more multifarious and dynamic view that encompasses theories of diversity and multiculturalism. In the United States, a land of opportunities, sociologists and experts in cultural theories have separate contentions regarding applying the concept of multiculturalism or respecting the retention of distinct and diverse cultures. I hereby believe that multiculturalism is more beneficial for America rather than merging cultures exemplified in the melting pot theory. The concept of multiculturalism has existed for a long time as manifested by people who migrated to the U.S. and share more than one cultural orientations (Wong; Chavez; Saleem). Its historical existence is proof that multiculturalism in the United States is beneficial; otherwise, regulations would have been enacted to curtail this. According to Linda Chavez in her discourse entitled â€Å"Demystifying Multiculturalism†, â€Å"multiculturalism is not a grassroots movement. It was created, nurtured, and expanded through government policy. Without the expenditure of vast sums of public money, it would wither away and die† (113). Chavez asserted that multiculturalism has long been practiced and validly supported by policy makers through encouraging people from different cultures to migrate. (My professor said this quote was used incorrectly, which means, this quote doesn’t fit in this paragraph.)Immigration policies in the United States have monitored and restric ted the number of people from different races who opt to reside in the country. There are regulations that assist in providing a balance in cultural forces that are seen to be beneficial in terms of contributions to economic, social, technological, and political growth. Chavez has asserted that multiculturalism encouraged educational institutions to focus on â€Å"bilingual education and other multicultural services† (2). Therefore, there are forces that spur economic activities driven by the increasing number of people from various cultures. Multiculturalism is also more beneficial in terms of contributing to diversity. In contrast to the melting pot theory, through multiculturalism, traditional values and norms are preserved. From the video entitled The Great American Melting Pot, the Statue of Liberty was shown to hold a book of recipes that show the melting pot to be comprised of people from diverse nationalities. However, the video does not clearly indicate that these pe ople lose their cultural identities in the process (Schoolhouse Rock). Chavez indicated that â€Å"a whole new industry of "diversity professionals" has emerged to help managers cope with the expected deluge of non-white workers† (1). Multiculturalism has created a demand for professionals to focus on training people to realize the benefits of employing diverse people in their workforce. Likewise, diversity has opened potentials for accommodating traditional values and learning to adapt to new ones. Tahir expressed her preference to practice the way of life in America, she still respected the tradition of pre-arranged marriage; where her parents would solicit potential suitors according to a predefined qualification. The suitors with most preferred qualifications would eventually be streamlined and would be the basis of selecting the favored husband. Likewise, Wong allegedly

Are laws that protect us from our own dangerous behaviors (such seat Essay

Are laws that protect us from our own dangerous behaviors (such seat belt or helmet) morally acceptable - Essay Example Controversies over the laws which are basically designed for protecting people from dangerous behavior are problems of paternalism. Paternalism is interference in people’s freedom though it is for their own good. It is like a father making decisions for his kids instead of letting the kids make decisions for them, considering one important thing that father knows best. Wide range and variety of laws, practices and actions are taken into account which is under the principles of paternalism. More like a doctor or physician deciding what is best for his patients and the laws which are designed to restrict the use of cocaine, marijuana, heroin and other drugs. Such plans also include compulsory retirement plans, mandatory seatbelt laws which are designed to protect one’s interest whether they are liked by the people or people detest them. All these paternalistic practices are common, but the question is whether these practices are morally accepted or not. There is conflict of two important values attached with paternalism which include the value is taken into account for protecting and also promoting well being of others, along with the value which is associated with the freedom of persons which make their lead their life according to their wish and choice. When the people are ready to act in certain ways oppose to their own well being and security , an important question arises that are the laws justified which interfere in people’s private choices and matters. This is what leads to the problem of paternalism. There is a majority who would agree that paternalism becomes a justified thing when it is about a person who has limited and also impaired freedom of choices whether the cause of this is limited cognitive capacities or even the ignorance of facts, effects of a disease, influence of drugs and another reason can be due to coercion. Paternalism varies depending on the person, their emotional stability and behavior along with the capacity to understand and know what is best for them. According to many moral philosophers, a competent and a knowledgeable person should be allowed to make decisions freely and they should not be over ridden, though they are for their own person’s good. There was a case voiced by John Stuart Mill who was a British philosopher during the nineteenth century, according to him the only reason due to implement and make laws for the citizens and people of civilized community is to prevent problems and harm to others. Will of one’s own being is not enough physically and even morally. The laws are made for a collective society and laws which are beneficial and important for protecting the society over all. According to Mill, it was important to provide freedom as it is important and crucial for people’s individual personality development. Along with that people should be given a free hand for making choices they wish and like even if the choices are not the best ones. All these individual choices creates ability for people to make decisions and their decision making power will only improve their practices and experiences. Another important view which he holds was that individuals are the best judge for

Saturation of Borax Essay Example for Free

Saturation of Borax Essay Formulating this experiment taught us many things. In the past, we were asked to conduct previously planned labs, with a purpose assigned from the teacher. We did not know how much thought was put into these labs until we were asked to create one for ourselves. An experimental process requires preparation, flexibility, and organization. This project provided insight on developing a unique process to answer a specific question. The experimental process requires extensive preparation. With our pre-lab, everything included had to be well thought-out. Research was done beforehand. We read articles on how borax would behave and became familiar with its chemical properties. We also read about others in the past who have done a similar experiment to us. Most importantly, we had to prepare ourselves for what results we should expect. If we did not get similar results, we would know that our experiment has a problem. With this knowledge, we had to determine the optimal method to answer our question. Our procedure had to be efficient and be as problem-free as possible for the day we carried out our experiment. Materials listed had to be obtainable at the school. We learned preparation was instrumental to performing a successful lab. While preparation to the lab was extremely important, it is always difficult to foresee any potential problems until the lab is carried out. Being flexible was another important trait we learned in this project. Materials had to be realistically available, so we had to compromise practicality for availability. For example, beakers were constantly unavailable, so we had to use a larger sized beaker than we needed. We also had problems with the experiment itself. The dissolving of Borax took an enormous amount of time. Given the time available, it was not practical to continue the method we were using, so we modified our procedure to fit with the time constraints. We did not expect these kinds of stumbling blocks. We also learned that you can never predict what will happen, as some things are out of your control. We had an incident where a classmate cleaned out our beaker, which contained a solution. We lost those results, and we did not have a choice but to quickly repeat the experiment. Some things are out of our control. In the future, when we enter the workforce, problems like this will arise and one must learn to deal with them. The experimental process requires organization. Carrying out the experiment, we had to follow the procedure closely. Materials had to be requested in advance, and prepared the day before. In our pre-lab, it was extremely important that the prepared table had the required boxes to record our information in. Recording our information was a challenge to us. We would sometimes forget to record the mass of objects and had missing numbers in our table, in which we would have to repeat that process again to obtain the value. Missing values in our table proved to be detrimental to our overall efficiency. A messy table proved to be a stumbling block later, when we were writing the report too. It was difficult to decode what our thoughts were, and distinguish what each number was for (many numbers had no unit). Now we know that good organizational skills are extremely important. In conclusion, this project covered many skills that are required in the completion of an experimental design. In order to complete a successful experiment, one must be prepared, flexible and organized. These skills play a critical role in the outcome, as they will dictate how one will deal with the problems they face, and prevent future problems form occurring. Writing this report was slightly challenging due to the amount we learned, and the space available to write. After this report, we learned to draw conclusions and reflect on the experiences that we gained. It helped us look back on our results and look at them from another perspective and it gives ideas on how to improve our experimental design in the future.