Tuesday, April 30, 2019

Business Law (sales) Essay Example | Topics and Well Written Essays - 1000 words

Business Law (sales) - Essay Examplefficers of the dealer to verify if what the salesman is manifestation is true and to assert his right properly, the employer Happy Harry must be presumed to know that because the case facts says On August 29, 2002, Happy Harry notified Willie Rammit that his gondola had arrived that he could pick up the car whenever he precious to but the sooner he did, the happier Harry would be. This indicates prior knowledge on the part Harry to line Willie to put up the car before August 30, the original delivery date hence the employer could be faulted here(predicate) for bad faith given what happened after wards.B. Identify the legal theory on which Willie rely as the basis for his grammatical case, explain how the required elements of that theory apply to facts of Willies lawsuit. Will Willie succeed in his lawsuit?The legal theory on which Willie rely as basis of lawsuit is contractual neglectfulness. There was negligence on the part of the manufact urer by forcing the buyer, through the salesman, to bring home the car. Although the car was not as per customers requirement, it does not justify the seller to be negligent in the product it do to sell from the manufacturer. The case facts say that it was the car engine that caused the eruption and more over, Willie could not come off from the car to save himself and that the car was also the immediate cause why Willie was not able to get away from danger even assuming that the fire was an accident.The case facts are clear Willie left with the car and began driving to his home. Approximately thirty (30 minutes) while he was still driving home, the engine of the car caught fire and Willie was trapped inside the car because he could not get his seat belt unfastened due(p) to the fact that the buckle was stuck and would not unlatch. As a result of being stuck in the belt, Willie was severely burnt-out over seventy percent of his body. He was hospitalized with his burns for five (5 ) months.For negligence to be used as basis of liability,

Monday, April 29, 2019

College Admission Essay Example | Topics and Well Written Essays - 500 words - 4

College Admission - Essay ExampleI exigency to join Purdue University to get a formal instruction in computing device engineering and later on get a job in the industry. In todays competitive job grocery people seeking work must have at least a Bachelors degree to have a legitimate shot at getting a job. The unemployment rate in the United States is currently above 9%. I want to take advantage of the amazing education Purdue University provides its alumni to help change the world through innovation similarly to the way the late Steve Jobs was sufficient to cease his mark on society. I want to invent or bring something into this world that serves a bulky and noble purpose.My personal and professional oddments can only be attained if I am able to complete a Bachelors degree in computer engineering. My first goal upon step is to land my first job as IT professional. Educational credentials from University of Purdue will enable me to be considered for a job position with better chances than people that graduate from other universities or community colleges due to the temper of Purdue University as one of the most prestigious higher educational establishments in the world. A second goal of mine, once I reach the job marketplace, is to save money for a few years in order to accumulate sufficient initial capital to start my own computer transmission line. In proximo I want to become a successful entrepreneur.Once I join Purdue University I designing on taking advantage of every opportunity I get to expand my networking capabilities. There atomic number 18 thousands of students at Purdue that have similar aspirations. It is possible that my long term goal of starting a computer business can be accelerated if I am able to find suitable business partners for the venture. Having a team that has plenty of human capital can give my computer business a competitive advantage. Besides, Im sure Ill become a valuable addition to students community too in many

Sunday, April 28, 2019

What does the Government, Local Community and Employers Want from Essay

What does the Government, Local company and Employers Want from Colleges - Essay ExampleIn that line, one can clearly tell that colleges are very(prenominal) fundamental institutions in modeling any countrys economy. The better the training offered by colleges the more the surety of good economic contributors. It is evident that communities and employers have to maintain close and detailed watch of the diverse colleges to scrutinize the kind of graduates they produce to the community and production plants. The governments also have some stakes in the operations and output of colleges in terms of the quality of graduates they release into the market. Communities Expectations from Colleges Colleges are not only centers for acquirement but also employment sectors that offer job opportunities to service providers to the students and learners. Keller reports that colleges are grouped into two disparate levels depending on the driving body. Keller indicates that there public colleges , which are specifi announcey driven and monitored by governments of different regions. The separate sectionalisation of colleges according to Keller is the private colleges, which are actually monitored and managed by private bodies or organizations and not governments. The listed division of colleges recruits workers from the societies and offers different portions of wages to the employees at different levels of operations. Communities have it as a routine that private colleges leave behind always offer higher incomes to it workers at different levels of operation (Keller). Public colleges on the other delve are institutions that offer let down income margins as compared to the private counterparts. However, Keller provides clarity that public colleges with the low salaries offered to employees have soundly established retirement pension schemes that rewarded to the retired workers. Communities therefore go out always keep careful look at the public colleges to reward pensi ons to their former workers within a certain period. The fact is contrary to the private colleges, which do not initiate in long-term pension plans. In addition, communities endure that workers in the public sectors will comply with the national retirement age and retire at the exact age indicated in the legislations of a country. Private colleges on the other hand do not have close sensitivity on the retirement age of its employees and could at times contract aged and highly skilled professionals to continue divine service the institutions. For that matter, members of the community who happened to work in the public colleges and have attained the retirement age will call back to the private colleges in search of employment (Keller). In the learns of Anna, communities keep watch on colleges to lower the costs of learning in order to accommodate particular individuals who never got the opportunities to advance their education to university levels. Furthermore, communities view col leges as the appropriate avenues for undertaking lifelong learning that is essential for long-term success of individuals. Anna further states that communities expect colleges to produce graduates who can challenge and compete with individuals who underwent degree programs. Additionally, communities expect colleges to offer high standards of education guaranteed by highly qualified and hardworking teachers (Gladden). In addition, communities expect colleges to act as crossing bridges to universities for individuals who never performed better in the high schools (Gladden). Due to the perceived small numbers of students in college, communities expe

Saturday, April 27, 2019

Essay assignment Example | Topics and Well Written Essays - 2750 words

Assignment - Essay pillow slipIt is significant to appreciate that the lawfulness of the study affect and its inhering relations to external affairs power. The national state of Australia, as you are aware, is a member of Commonwealth parliament. Adoption of the Act by the federal official government comes a week after passage of the same act by the Commonwealth assembly. The headland controversy follows inherent rejection of the Act by members of the opposition in our federal parliament.Just to recap the subject area of National Education Act 2015, it has a collection of relevant legislation to our stream educational needs. The current National Education Acts clearly expounds details of an education administration and its role in the society. It identifies an education institution as any organization with a primary goal of providing instruction to pupils in spite of appearance the age of 5 years to 18 years in the relevant subjects such(prenominal) as mathematics and scienc e literacy. It in like manner encompasses the National Education Standards and defines it as the body of principles pertaining to the primary or secondary education. Ministry of Education must reveal this body of principle to enable it take effect on any states education system (Zines, 2008).The inherent discussion centers on section 1(c) of the promulgated Act. This sub-section introduces the cause of disagreement in the past Act. It introduces the Commonwealth Education invigilate, as a representative of the Commonwealth to our education institutions including Kearneys Spring State School. The Commonwealth Educational Proctor does an oversight role on behalf of the Commonwealth on our education system and quality. It is mandatory, according to the Act, to have such an official in every Australian school (Zines, 2008).The Minister of Education has the power according to the Act of organizing for the appointment of Commonwealth Education Proctor in any member State of Commonwealt h within all the respective

Friday, April 26, 2019

Family assessment Essay Example | Topics and Well Written Essays - 1250 words - 1

Family assessment - Essay ExampleMoreover, the abode is adequately vast with every member of the family enjoying his/her own personal space. The family owns a dog. The house has a solar water-heating panel with mend air conditioners.The family does not own any firearm. The house is equipped with smoke detector equipment in nigh all rooms. There are three fire extinguishers in the house. One is located in the livelihood room, one in the corridor downstairs, and the other one in the corridor upstairs. All the medication is kept in the bath shelves while other chemicals and cleaning agents are safely kept in the store located in the garage. The windows and doors of the house are firmly protected with system locks that are synced with a sophisticated security system. The house has one emergency exit at the rear end of the building.The Andersons own a family van that support in their transportation. They exercise road safety by emphasizing on good practices like catch of seatbelts . All the family members are satisfied with the level of security in their homes.Every family faces a number of challenges. These challenges overdress from the complex nature of relationships within the family setting (Duvall, 1962). The Andersons are a very small family comprising of two parents, arrive and mother, and a daughter. Both parents are employed and have day jobs and subsequently set up for the needs of the family. A number of roles exist that either mutually shared by each family member or leftfield exclusively to another member.Mr. and Mrs. Anderson are responsible for catering to the emotional needs of their daughter Vivian. They are tasked with the documentary of providing counseling sessions and emotional support to their daughter in order to prevent instances of emotional stress. Moreover, both parents provide each other with emotional support in times of emotional stress resulting from various undertakings. No overlap in the emotional needs existed where one family members

Thursday, April 25, 2019

Living Waters for Thirsty Souls Essay Example | Topics and Well Written Essays - 1500 words

donjon wet for Thirsty Souls - Essay ExampleLiving water for thirsty souls unleashing the power of exegetical preaching is oecumenical with example speechs to demonstrate every stride of this method (McMickle 46). Interaction and Dialog with these Concerns from Individual Experience I have attended sermons more than a few times when I visit a chapel. I have listened to sermons that were sometimes distorted and proposed something impractical at some instances. As I read Living Water for Thirsty Souls Unleashing the Power of exegetical Preaching I ready out that these preacher mans did non wasting disease a line of attack that could make whatever they were preaching as practical and realistic as possible. They tried too hard to make things fit into some contexts that made people wonder whether the examples that were provided rattling applied to what was in the scripture. After reading the book, I learnt that al close all the sermons that I had attended did not utilize even a q uarter of what McMickle come up with in his approach (McMickle 65). The sermons had no casing of limitations. This made the preachers to go out of context and confuse the individuals attending the sermon, me included. The preachers sometimes totally lost the audiences forethought to the sermon by going out of topic and confusing it even further by not going back to what they had been initially preaching. This hindered me personally from getting any type of lesson from the sermon, which, I felt, was quite partial to me, as well as to the congregation. I believe that Living Water for Thirsty Souls Unleashing the Power of Exegetical Preaching is valuable when it uses the strategy of putting limits to the sermon, so that they can fit well with whatever the scriptures say. A lesson can be learnt from the sermon effectively, and at the same time without struggles to learn something from the sermons offered by priests (McMickle 76). In most of the sermons that I attended, sometimes I wo uld find myself lost among the literature that was macrocosm presented for a particular sermon. This is because the preacher would read from the literature that was not related to the sermon at all. This is not good for any sermon because I felt that literature presented toward the congregation ought to be relevant and related to the sermon as a whole. I felt at most of the sermons I attended that I had not learnt anything because of the literature ignorance and the overleap of its proper presentation. The literature should be totally in line with the sermon being presented to the congregation. For the better scholarship and easier understanding of the literature it must be explained in depth (McMickle 87). During sermons, a number of preachers utilize a number of expressions and words that have different meanings sometimes I felt that sermons were mis interpret. I attended sermons and found it hard sometimes to follow it because of the language that was utilized in the sermons, or the manner the preacher interpreted the scriptures to us. The interpretations would not fit the context of the literature of the scriptures. This made me spend time on trying to chassis out why the preacher had come to such an interpretation instead of concentrating on the message that was being passed on by the preacher. I believe that preachers ought to utilize good interpretations and even

Wednesday, April 24, 2019

X-ray Photons Essay Example | Topics and Well Written Essays - 2000 words

roentgenogram Photons - Essay ExampleThe long suit of beam if then given by the number of photons passing by dint of a given area per unit time. As the intensity is also proportional to the square of the galvanising field it follows that magnitude of the field is quantised (Dendy & Heaton, 1999).frankincense A beam of roentgenogram photons is heterogenous and presents both field electrical and magnetic. Because X-ray beam is not originated from a point source its divergent by its nature. In this way the magnification of the image could be achieved by the increase of the focus distance (direct dependence).Because of the existence of cardinal different types of photon interaction within the roentgenogram tube there is important what peak voltage is used. The competency of negatrons depends on the voltage between the anode and cathode. Higher peak voltage produce photons with higher energy (Aichinger et al., 2003). Thus measurement of the practical peak voltage is used for the qua lity control of X-ray units (Ramrez-Jimnez et al., 2004).There are some types of X-ray photons dependently on their origin and type of interaction with target atom. If the projectile electron interacts with an inner-shell electron of the target atom rather than an outer-shell electron than peculiarity x-radiation can be produced (Christensen et al., 1979). Contrarily to the characteristic interaction Bremsstrahlung (braking) x-radiation occur when the projectile electrons lose their kinetic energy in the interaction with the pith of a target atom (Aichinger et al., 2003).Actually, X-ray tube is very ineffective device - only depressed part of energy is transformed in X-ray beams while the rest just produce arouse (Aichinger et al., 2003). Only small part of the anode surface is involved in x-ray production. This area is called as the central spot. There is known that smaller focal spy is more useful for imaging purposes because they go less blurring and provide better visibil ity of image details. Thus X-ray tubes with small focal spots are useful for decrease of radiation loading (Aichinger et al., 2003). X rays interact with irradiated substances in form of photoelectric effect, dispersion and forming of pairs electron-positron (Aichinger et al., 2003) They have high penetrating capacity, its property is described by formula I=I0e-rt, where I0 - is intensity of the beam of X-rays, - attenuation coefficient (Aichinger et al., 2003).The depth of penetrating depends on the half-value thickness, i.e. the thickness of an absorbing substance that reduces the intensity of x-ray beam to half its value (i.e. I0/2). The half-value thickness depends on the attenuating properties of the substance itself and the penetrating power of the radiation adventure upon it. This property is used for such radiographic tests as roentgen-densitometry when density of tested object is compared with etalon, e.g. aluminium combining weight (Wells & Ryan, 2000).Another practical application of the half-value thickness knowledge is shielding/filtration. Protective equipment is an example of added filtration. Filtration allows increasing the mediocre energy of X-ray beams and reduce amount of low-energy photons. Its helpful for radiation dose control. Minimum adequate filtration of the x-ray beam is achievable at the half value thickness which is equal or more than 2.5 mm of aluminium (Bushberg et al., 1994).Both Bremsstrahlung and characteristic radiation are emitted in the anode

Tuesday, April 23, 2019

The rise and fall of Nazi Germany Term Paper Example | Topics and Well Written Essays - 1500 words

The rise and legislate of Nazi Germany - Term Paper ExampleBefore investigating how Nazis rose to power in Germany, it is authorized to understand the person who was instrumental in the rise of the Nazi and the Third Reich to power in Germany. In this regard, Adolf Hitler remains the most important person in the history of Germany since he defined the history of the uncouth and that of the world. Born Adolphus Hitler on April 20, 1889, in the small Austrian town of Braunau located at the border betwixt Austria and Germany, Hitler was the fourth child of his parents and the first child to live beyond two years (Giblin 4). Importantly, no unmatched expected such an unlikely figure would become the successor to President Hindenburg since his parents were peasants although they lived a middle-class life. N anetheless, Hitlers upbringing and place of birth were instrumental in his quest of having Germany and Austria, two German-speaking nations, become one republic and joining each other in a single Reich. At the age of xxxv years, Hitler sat in a German prison and dictated the book that became the blueprint for the Third Reich and his rise to power in Germany. Titled the Mein Kampf, the book starts with an outline of the important role that his birthplace of Braunau played in shaping his philosophy about uniting the two nations into a single Reich. In this case, the book starts with his storey of the important reckon played by Hitlers place of birth with Hitler noting that Today it seems to me providential that mickle should have chosen Braunau am Inn as my birthplace.... In this case, the book starts with his narration of the important factor played by Hitlers place of birth with Hitler noting that Today it seems to me providential that fate should have chosen Braunau am Inn as my birthplace. For this little town lies on the boundary between two German states which we of the younger generation at least have made it our life-work to reunite by every prom oter at our disposal. . . This little city on the border seems to me the symbol of a great mission. (qtd. in Shirer 6). In effect, the introduction to Hitlers blueprint outlined his desire to see Austria and German become one Reich. In effect, this contributed to his desire to join the army and fight the coalition of the British, Russians, and the French in the First World War. after Hitlers discharge from military service on March 20, 1920, he left the military at a time when his star in German politics was on the rise. Hitler knew how to give moving speeches and he used this ability to his advantage in order to gain followers. In the same year, Hitler joined the German Workers Party and changed the name of the company the same year in order to have the party vowelise more impressive than it sounded. In effect, the party became the Nationalsozialistische Deutsche Arbeiterpartei (NSDAP), which population just shortened to the Nazi Party with the party starting its way to prominenc e in German politics (Giblin 29). Through moving and passionate speeches, Hitler managed to climb up the membership of the Nazi Party to more than 3,000 members by the January 1921 (Giblin 30). In line with this, Hitler was able to make the people realize the importance of ensuring that Germanys leadership was strong and did

Management Case Study Essay Example | Topics and Well Written Essays - 2500 words

Management Case Study - stress Examplehe sports facilities managers to be effective, they need to handle issues and all aspects of prudence in a fanciful manner, including programming that would maintain high quality of the facilities and are based on standards and legislation (Leberman, Collins and Trenberth, 375). calculating the facility, managing the as focalises of the facility, counseling of pacts and leases, management of risks, and monitoring are some of the roles that sports facilities managers have to consider (Leberman, Collins and Trenberth, 375). Management of sports facilities broadly speaking involve several parts such as direct management which is done by the owners of the facilities, contract management where the management is contracted to an individual manager or any management groups, lease management, and critical point management. Depending on the form of management, the control over the facilities and the responsibilities vary. However, in order to achie ve any of the above mentioned management styles, suitable management plan are highly essential. With a good plan of management, the efficiency and enduringness of the facility is achieved and maintained (Managing facilities). The present study focuses on choosing a sport facility and learning close its management processes.The aim of the study is to choose a sport facility and have an understanding of the management processes followed in the facility. The facility that has been considered for the case study is the Emirates stadium. In order to achieve this aim, the following objectives have been setThe Emirates stadium is in London built on an area that was formerly a brown country industrial estate. With the new stadium built in the area, it not only allowed football clubs like inventory to make their places in the stadium, but also enabled regeneration of the total area. The architecture and design of the stadium was under the charge of Populous who are leaders in the field o f architectures. Buro Happold are the engineers who were consulted

Monday, April 22, 2019

Contaminants in Recycled Paper Essay Example | Topics and Well Written Essays - 1500 words

Contaminants in Recycled Paper - Essay ExampleGrades A and B represent the virtually 100 percent of cover mill waste that is recycled a back into the mill around process. The environmental Protection Agency (EPA) classifies mill broke (Grade A) as the scraps that are recovered during the paper-making process. (Conservatree 2007, Environmental Definitions) The mills can recycle this at almost zero cost. It is also in the mills best chase to recycle and re-pulp the unprinted waste (Grade B), as it costs about half of what it costs to recycle post-consumer waste. These two extravagantlyest grades of recycled paper are both cost-effective and free of contaminants, as it is waste created only by the product production. (Conservatree 2007, devising Paper)Post-consumer waste is where we find both a greater need for recycle and a high insecurity of contaminants. Depending on their use, these consumer-used products come back to the recycling plants in various forms, such as envelopes, office paper, newspaper, and magazines, and these forms are often full of contaminants. From address labels and no-lick stamps on envelopes, to colored laser printer paper, to self-stick notes, todays recycled rough materials need a lot of work to go done the system and get back into re-usable paper. (Glass 2000, p. 1) And with the demand for recycled raw materials at an all-time high with the environmental concerns of our modern world, we cannot ask the consumers to remove these hindrances before recycling. The industry must oblige the consumer want to recycle, and consumers will recycle more the easier it is for them to do so. This puts the removal of contaminants squarely on the paper recycling plants.The contaminants that cause the most trouble for the plants are the ones that come from adhesive-based materials. These are referred to as stickies, as they tend to ground their way through the filtering process and form into particles that can gum up machines and lower the qual ity of the pulp. (Glass 2000, p. 1) This is a big problem with the Grade C paper, of which a large amount comes from offices. Having workers sort through this high volume of paper is not cost-effective, so having equipment that is technologically advanced enough to weed out these contaminants is vital.Fortunately, in that location is technology available to help alleviate this problem. Older methods of recycling paper into pulp involved exploitation machines that pulverize the raw material with aggressive motion. Often the stickies would disintegrate quickly and make their way through filtering attempts. Today, high consistency batch pulpers and continuous drum pulpers are available, which provide a gentler method of pulping the recycled raw materials. This, in turn, keeps the contaminants from becoming too small and getting lost in

Sunday, April 21, 2019

Porter's 5 Forces Essay Example | Topics and Well Written Essays - 500 words

Porters 5 Forces - Essay ExampleThe robotics application is experiencing growth year after year and the industrial robot application has become more demanding and conglomerate due to modernization and automation of the manufacturing processes. I will analyze each of the forces and the impact that may be experienced in regards to profitability of the robotics effort.Existing Competitors Within an industry, the rivalry among the competitors is countered through use new products, marketing and price discounting to be competitive. The robotic industry tends to be an oligopoly since it has a lot of rivals. The potential for product differentiation is eminent with much difference in motive, size, quality, service and features of the products.The Power of Buyers Consumers can capture more value by ensuring that they force the prices down and demand better quality at the industrys profitability expenses. The communicate buyer from the robotic industry is the automobile industry. Liter ally, the number of auto firms is small but they buy in bragging(a) quantities. In contrast to the automotive buyers, other buyers in other industries ar moderate in power. They are smaller, many and buy in smaller volumesThe Power of Suppliers Suppliers have great influence in an industry by changing higher prices, limiting the quality of services and shifting costs. The products provided do not ordinarily have substitution, but some tend to come up with techniques to realize differentiation of the products. The overall power of suppliers in the robotic industry tends to be weak.Threat to Entry New entrants into the market pose a scourge to the profit potential of an industry. According to Porter, the threat of entry in an industry is dependent on the raising of entry barriers. In addition, it is dependent on the reaction of the incumbents expected by the newcomers. When there are fewer entry barriers and little or no retaliation from the competing

Saturday, April 20, 2019

Neanderthal Term Paper Example | Topics and Well Written Essays - 500 words

oafish - boundary Paper ExampleThe group of mammals was named Neanderthals under homo sapiens as dubbed as homo sapiens neanderthalensis (Trinkaus, 1978).From the studies conducted on the skeletons, it has been theorized that the Neanderthals lived during the ice age, thus their name. Researchers based their conclusions basically from the general features of the skeletal remains where it was observed that the Neanderthals had hapless limbs and a deep, wide ribcage which allowed lesser surface area exposed to the atmosphere and making the internal variety meat embedded deep within the body to make them warm (bbc.co.uk, 2005). Aside from showing their ability to correct to the extreme cold during the ice age because of their physical features, they also tell about their way of living. For instance, the work up structures show an exaggerated massiveness in the trunk and limbs of the Neanderthal males and females (Trinkaus, 1978). This could be traced to how they got their food, th rough hunting. Professor tail end Shea (bbc.co.uk, 2005) concludes from studying the hunting materials of the Neanderthals that the spears they used were not purposely shot from afar but were used on a face to face encounter with their prey. Because the tools were not as sharp to have been used in struggle from a distance, the theory is that, the Neanderthals had to wait on the wild animals until they get near before attacking them. This explains the muscle developments of the Neanderthals as shown by the skeletons and also helps to give light to the fractures found in some of the Neanderthal bones. For instance, Shanidar 3 (Trinkaus, 1978) has a scar o the rib which, based from studies, is theorized to be from an injury during a make do with a fellow Neanderthal or an accidental injury.The predecessors of the homo sapiens were found to have a similar brain size to the modern man (bbc.co.uk, 2005 Tattersall

Friday, April 19, 2019

Financial Risk Management Essay Example | Topics and Well Written Essays - 1000 words

Financial find Management - Essay ExampleThis study involves a comprehensive study of the peril management policies followed by Bear Stearns and how it led to its demise. Risk Management An Overview Risk is a term associated with any type of business entity. Without bump it would have been an easy task for managers of a companion to allocate its resources in the most effective way. And with the world experiencing the global financial crisis in the division 2008, effective and efficient risk of exposure management is the key to success for any financial enterprise. The idea of risk management may differ from person to person. In case of regulators risk management is a direction of control, for traders it is a means of hedging their risks and for risk managers it is a means of obtaining the highest return possible by allocating upper-case letter in the best possible way. Risk management takes into consideration the magnitude as well as the nature of risks involved. It is all ab out optimizing the risk-return profile of a company. Sources of risk argon many and it is due to the uncertainties of coming(prenominal) events. In todays world banks are engaged in wide range of activities give care trading of derivatives to its customers which results in exposure, finally jumper lead to risks. Thus risk management plays a vital intention in case of banks. Study and analysis of risk begins with study of Markowitz model of portfolio analysis where he outlined selection of portfolios based on mean of variances in return of portfolios. Sharpe and Lintner further added to this analysis by expect the existence of risk free assets. The rate of return of a risky asset is governed by its positive risk and beta is the measure of this type of risks. Next Black-Scholes model for pricing of options gives a measure of the risk of an underlying security by measuring the volatility in the form of standard deviation. Again whole kit and caboodle of Modigliani and Miller sho wed that value of the firm is not dependent on the expectant structure of the firm. Increase of debt, leading to greater leverage in the capital structure of a firm increases the financial risk for the shareholders of the firm. This means, reengineering of capital structure of the firm would not help the firm, and the management should consider implementing strategies to increase the value of the firm economically. However, it is genuinely difficult and possesses a challenging task for a company to implement these risk management theories practically. For any financial institutions like global banks, before taking up risk management system they mustiness ensure that, they are up to date with their databases regarding various financial transactions within the company and are also aware about financial rates available in the outside market. Also they must have relevant statistical tools to analyze those data. Risk management policies followed by Bear Stearns Bear Stearns was erst while considered as one of the most efficient managers of risk but at the end it was their faulty risk management policies that led to their downfall. Bear Stearns most profitable division was the securitization of mortgage, which brought in almost half of the companys revenues. Regarding mortgage securitization, the company followed a model that was vertically integrated and made profit at every step starting from originating loan, securitizing them and then selling them. These

Thursday, April 18, 2019

Commercial Essay Example | Topics and Well Written Essays - 1750 words

Commercial - Essay ExampleAccording to Sale of Goods Act 1979, down the stairs Section 18, if the hire is unconditional the property in the goods passes to the buyer when the contract is made immaterial of the metre of pay or delivery. Kevin has given his assent for unconditional appropriation of the aquarium to the contract. As part of the deal, Jackie hold to dismantle the aquarium, piece of land it for transit and arrange for it to be sent to Kevins premises. Under Section 32 (1) of the Act, if the seller is required to send the goods, delivery of goods to a career whether named by the buyer or not for transmission to the buyer is deemed to be delivery in performance of the contract, unless there is evidence to the contrary. However this is way out to Section 32 (2) which stipulates unless otherwise authorized by the buyer, the seller must make such contract with the carrier on behalf of the buyer as whitethorn be reasonable, having regard to the nature of the goods and th e other percentage of the case. It is not clearly stated whether the aquarium has been insured. If the consignment has been insured Kevin can claim compensation from the insurance policy company. If Jackie has failed to insure the aquarium as a prudent buyer would have done, then the buyer may decline to treat the delivery to carrier as a delivery to him, or hold Jackie trusty in damages under the normal circumstances. However, the statement As part of the deal, Jackie agreed to dismantle the aquarium, package it for transit and arrange for it to be sent to Kevins premises by the end of the week indicates that Jackie has complied with the book of instructions of Kevin and done as he has been authorised. Advice Jackie has made delivery according to the contractual terms. He cannot he held obligated in damages or loss. 2. Sale of canary feed to Leah Facts of the case On Thursday aurora Leah placed an order for 75 bags of canary feed for despatch on Monday. The order was accepte d and the payment to be made within 10 days of despatch. On Thursday evening, Jackie discovered that some of her stockpile records were incorrect and that there were in fact just 25 bags of canary feed. Jackie has now contacted Leah to cancel the contract. psychoanalysis The contract was based on valid offer, acceptance and consideration. The agreement was legally binding as there were intentions on the part of Jackie and Leah to create legal relations. The offer cannot be considered invitation to treat. Therefore, Jackie has the duty to deliver canary feed. Otherwise, she is liable for action in damages for non delivery under section 51.

Wednesday, April 17, 2019

Billy Rose Theatre Division in the New York Public Library-Creative Essay

Billy Rose Theatre Division in the immature York Public Library-Creative writing - Essay ExampleInitiated in 1932, the Billy Rose division has over 10 million collections of representation art that document drama, music and film. The division housed numerous traditional books and journals on theatrical arts. It was also meant to contain an array of personal papers. Besides personal papers, the division has a collection of organisational records. It houses an archive on the theatre of film. It has collections legendary artists including Richard Rodgers and Hal Prince. The papers of Betty Comden and Clifford Odets are also housed in the division. Most importantly, it houses the whole kit of William Shakespeare including records of festivals on Shakespeares works. At the division, visitors to the library can examine historical performances on Shakespeare, for instance, to years date back to as early as 1767 (The New York Public Library, 2015). The division serves as an invaluable m ental imagery for diverse groups including researchers and scholars. Writers and students also find the division resourceful because of the various documentation that are informative and useable for learning. Artists and other members of the public also find the resources at the division