Monday, May 25, 2020

Financial Statement Analysis-Questions (1) - 1097 Words

------------------------------------------------- BBA 4201: Financial Statement Analysis amp; Control 1. Describe some of the analytical uses to which financial statement analysis can be put. 2. What are the sources of financial information? 3. Who are the users of financial statements? 4. What are the objectives of financial statements? 5. What are the limitations of financial statement analysis? 6. Discuss the need for comparative analysis. 7. Identify the tools of financial statement analysis. 8. Explain and apply the horizontal analysis. 9. Identify and compute ratios used in applying a firm’s liquidity, profitability and solvency. 10. Why are the information needs of equity investors among†¦show more content†¦Why? 25. What are the some of the criteria to be used in picking out a base year in an index number comparative analysis? 26. What information can be obtained from trend analysis? 27. What is a common size financial statement? How do you prepare one? 28. What does a common size financial statement tell ab out an enterprise? 29. Do all ratios have significance? Explain. 30. What are some of the limitations of ratio analysis? 31. Give five ratios that can be prepared by the use of balance sheet figures only. 32. Give five ratios that can be prepared by the use of income statement figures only. 33. Give seven ratios that required data from both the balance sheet and the income statement figures only. 34. Give four examples of special purpose analytical tools commonly utilized by the financial analyst. 35. What are the steps generally taken by the financial analyst in his work? What does this step achieve? 36. Identify and explain two significant limitations associated with ratio analysis of financial statements. 37. What are the some of the principal uses of computers in investment analysis? 38. What are the most important limitations or disadvantages to the application of computers to security analysis? 39. What type of information can the user of financial statements obtained from the statement of cash flow? 40. WhatShow MoreRelatedFinancial Statement Analysis-Questions (1)1087 Words   |  5 Pages------------------------------------------------- BBA 4201: Financial Statement Analysis amp; Control 1. Describe some of the analytical uses to which financial statement analysis can be put. 2. What are the sources of financial information? 3. Who are the users of financial statements? 4. What are the objectives of financial statements? 5. What are the limitations of financial statement analysis? 6. Discuss the need for comparative analysis. 7. Identify the tools of financial statement analysis. 8. Explain andRead MoreACC 291 Week 5 Discussion Questions and Responses Essay1301 Words   |  6 Pagesï » ¿ACC 291 Week 5 Discussion Questions and Responses www.paperscholar.com DIRECT LINK TO THIS STUDY GUIDE: http://www.paperscholar.com/acc-291-week-5-discussion-questions-and-responses/ Instantly Download! Get Better Grades in Less Time! 100% Satisfaction Guarantee DESCRIPTION FOR THIS STUDY GUIDE: Week 5: DQ 1:   Why are companies required to prepare a statement of cash flows?   What are the three sections of the statement of cash flows and what does each section tell you about the operationsRead MoreCase Study1366 Words   |  6 PagesDoughnuts Case Study Solution Financial Statement Analysis The Krispy Kreme Doughnuts case study solution solves the case on financial statement analysis.   The structure of the solution is outlined below and answers the questions included in the outline Krispy Kreme Doughnuts, Inc. Background   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Corporate Profile   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Company Stores   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Domestic Franchise   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   International Franchise   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Supply Chain Business Segment    Problem Statement   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   What is the Problem?   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Read MoreFraud Detection Using Trend Analysis1639 Words   |  7 PagesOption #1 - Fraud Detection Using Trend Analysis and Financial Statement Analysis Recent analyses of Roamana, Inc. financial statements show alarming results. While sales have increased 4 percent per year, inventory has risen 39 percent annually. The prevalent concern regarding such anomalies is the possibility of fraudulent activities occurring within the organization. Should it be determined that fraud is occurring, a decision on the next step of the investigation must be determined before proceedingRead MoreACC 291 Week 4 Discussion Questions and Responses Essay905 Words   |  4 PagesDiscussion Questions and Responses www.paperscholar.com DIRECT LINK TO THIS STUDY GUIDE: http://www.paperscholar.com/acc-291-week-4-discussion-questions-and-responses/ Instantly Download! Get Better Grades in Less Time! 100% Satisfaction Guarantee DESCRIPTION FOR THIS STUDY GUIDE: Week 4: DQ 1:  Ã‚   What are the differences between the direct and indirect presentation of cash flows?   What are the advantages and disadvantages of the direct and indirect methods and which does the Financial AccountingRead MoreLease967 Words   |  4 PagesConvert WRDS OUTPUT Building a Financial Statement Analysis and Valuation Spreadsheet Income Statement-66 This case starts with raw financial statements and then a) develops standardized financial statements, b) constructs a statement of cash flows, c) builds all the key ratios, d) links forecast inputs to future financial statements, and e) builds discounted cash flow and residual income valuation models based on the forecasts. The result is a simplified version of eVal4, the spreadsheet modelRead MoreAcc3001411 Words   |  6 Pagesrights reserved.    Course Description: BSAB16TON3 2/19/2013 - 03/25/2013    This course focuses on principles of accounting for the non-accounting student. Emphasis will be placed on the accounting equation and transactions, financial statement preparation and analysis, internal controls, regulatory environment, compliance, and global business implications.    Policies    Faculty and students will be held responsible for understanding and adhering to all policies contained within the followingRead MoreGeneral Purpose Governments vs. Special Purpose Governments1713 Words   |  7 Pagesch01 Student: ___________________________________________________________________________ 1. General purpose governments generally provide a wider range of services to their residents than do special purpose governments. True False Examples of special purpose governments include cities, towns, and public schools that receive tax revenue to finance the services they provide. True False The Governmental Accounting Standards Board (GASB) is the body authorized to establish accounting principlesRead MoreA Critical Evaluation Of Financial Performance Essay1689 Words   |  7 PagesA CRITICAL EVALUATION OF FINANCIAL AND OPERATIONAL PERFORMANCE THROUGH 360 DEGREE ANALYSIS LALIT MOHAN (Research Scholar) Deptt. Of ABST, University of Rajasthan, Jaipur ABSTRACT Though 360 degree analysis is related with human resource management but here the 360 analysis will include the overall analysis of operational and financial performance from every angle. In human resources or Industrial psychology, 360-degree feedback, also known as multi-rater feedback, multisource feedbackRead MoreBus512 Essay900 Words   |  4 PagesBUS 512A Case Questions Winter 2016 Wareham SC Systems, Inc. 1. What is (are) Wareham’s current revenue recognition policy (ies)? 2. Using the limited information in the case, do the industry characteristics or the current revenue recognition policies encourage manipulation of revenues? If so, how could Wareham manipulate its earnings? 3. For each of the specific contracts described in the case, please describe the best revenue recognition policy considering the criteria in SAB 101. (Onsetcom

Tuesday, May 19, 2020

The United States During The 19th Century - 1303 Words

2. The U.S. used harsh, but appropriate, measures to civilize the inhabitants of the west. In the 19th century, several different groups apart from Americans were harshly and forcefully pushed Westward. Native Americans, Mexicans, and Chinese were groups of individuals who from the viewpoint of America, threatened the American way of life in different types of aspects varying from, religion, skin color, political systems, language, and types of government. This groups of people were civilized by the United States, and used what was attainable in their hands to control any opposing forces against the American societies way of living. In 1607, the commence of Indians being pushed away into the west, and seized from their land first began.Throughout the years the U.S would obtain vast amount of new lands, and Indians would continue to further be pushed away. And it would not be until the 1800’s when they would be pushed into Mexican territory. There they would first begin to integrate into society, which would later result in mestizaje. Indians in the 19th century wou ld undergo harsh measures from the U.S government and its army since they were a form of threat to Americans. Indians would be known as, backwards, barbaros, and barely human. The U.S would come to a realization that â€Å"backwards† would represent a point of view that would violate their true nature of the universe, and what was believed to Protestantism. From the viewpoint of an American, the white raceShow MoreRelatedThe United States As A Foreign Power During The 19th Century1292 Words   |  6 PagesThe United States as a Foreign Power during the 19th Century The Declaration of Independence established the self-evident truths that the laws of nature entailed. Life, Liberty, and the Pursuit of Happiness became rights to every person in the eyes of Americans. As the 20th century approached and America’s international affairs expanded, the natural rights declared by Americans was challenged globally. In order to protect and preserve natural human rights while also improving domestic entities,Read MoreUnited States Governmental Issues During the Late 19th Century1060 Words   |  5 PagesUnited States Governmental Issues During the Late 19th Century Thesis: Although the American Government failed to take effective actions to solve the major concerns of the late 19th century, many attempts were taken to solve such controversal conflicts. The young divided nation that had just reconstructed itself from the debts of a civil war now stood as a whole to deal with even more domestic issues. Problems concerning civil service, regulation of railraods, Native Americans, expansionRead MoreDuring the late 19th century and early 20th century the United States saw many political reforms1100 Words   |  5 Pages During the late 19th century and early 20th century the United States saw many political reforms that would bring the nation back into a positive and moral state after a bloody civil war tore the country apart. It is said that the average American over the age of 15 during the time prior Prohibition drank almost seven gallons of pure alcohol a year. Prohibition was a period of time in which the average citizen broke the law becaus e alcohol was a major part of citizens’ lives and the restrictionsRead MoreWomen s Rights During The 19th Century1507 Words   |  7 PagesWomen’s Rights In The 19th Century The 19th century was an important period for women especially in Europe and North America. It was a crucial time for demand for change and women were at the forefront of it all. Viewed only as a homemaker, women found it difficult during this time to show society what they were capable of. Limitations on their capabilities created by gender stereotypes called for change. To understand the significance of the 19th century for women, one must consider the conditionsRead MoreImperialism : The Age Of Imperialism1010 Words   |  5 PagesIndira Yuldasheva C band Expansionism Essay The late 19th century and early 20th century is known as the â€Å"Age of Imperialism†, a period in which major world powers, including the United States, adopted a policy of expansionism. Expansionism is defined as the policy of territorial or economic expansion, which is often achieved through diplomacy or military force. During this time period, the United States notably acquired territory in the Pacific and Latin America. The nation’s growing colonialRead MoreReflection On The American Culture1384 Words   |  6 PagesReflection on Class Sources American culture refers to the traditions and practices of the people of the United States. Culture comprises of the nature of buildings, religion, music language and marriage. The population of the United States is more than 320 million people making it the most culturally diverse country in the globe. Books such as Crabgrass Frontier, Manifest Destination and Muscular Christianity are important sources of information about American culture. This paper is a reflectionRead MoreIndustrial Revolution1160 Words   |  5 Pagesï » ¿ Industrialization of the 19th Century in America Matt Capone FIN 419 Professor Moore May 3, 2014 Over the course of time, the country of America has changed in many ways. Towards the end of the 19th century, a significant change took place in the fundamental structure of the economy. That change was industrialization. During this time period, the United States of America changed from a large, agricultural country, to an urban industrial society. The process of industrializationRead MoreAmerican Racial Stereotyping Hampered Chinese Immigrants Essay1539 Words   |  7 PagesExclusion Act of 1882, the first federal law was enacted restricting immigrants of a specific nationality from entering the United States due to Americans attributing dire economic uncertainty to Chinese laborers who take away jobs from native-born Americans. Anti-Chinese sentiments greatly proliferated throughout the United States during the late 19th century and early 20th century. Sui Sin Far, the author of the short story â€Å"Her Chinese Husband,† delineates how the prejudice of society against in terracialRead MoreImperialism DBQ Essay examples636 Words   |  3 PagesImperialism play in shaping U.S. foreign policy in the late 19th and early 20th centuries? Prior to the late 19th century, the United States was preoccupied with domestic affairs and simply used the Monroe Doctrine as their lone foreign policy. By the late 19th century, however, domestic concerns suppressed just enough to let foreign issues take the spotlight. The Industrial Revolution brought mass production, which forced the United States to seek a new global market for trade. America also becameRead MoreThe European Colonization Of Americas 1620-900 Words   |  4 PagesFinal Essay- Prompt Three INTRODUCTION America would not be the same it is today without the numerous times of territorial expansion from the 17th to 19th century. America started with European Colonization in the 17th century, its borders were defined in the 18th century, and America extended from a coast to coast nation in the 19th century. There is not just expansion of land on a physical map, but also increased political tension and economic growth as America grows as a nation. PARAGRAPH 1(European

Friday, May 15, 2020

A Perfect Body Is Every Girl s Dream - 1822 Words

A perfect body is every girl’s dream, or at least that’s what Jennifer Lopez’s BodyLab commercial says. According to the product’s website, BodyLab is another one of the many companies that try to appeal to women who are struggling to lose weight by creating formulas that claim to speed up the process of weight loss (BodyLab). The website also states that Jennifer Lopez decided to join and endorse for the company because of her wish to inspire other women to become the best version of themselves, making them happier and more confident. Although this commercial projects a sense of worry and care towards women, the company’s actual goal is not to look after them, but mainly to make a profit by subtly yet subtly targeting insecurities that a lot of these women share and struggle with. Considered by many to be the perfect embodiment of having the perfect body, Jennifer Lopez was chosen as a fitting narrator of the one-minute commercial. Being an all-aro und celebrity and a sex symbol, Lopez is widely popular enough to be recognized by almost everyone, which makes the commercial more eye-catching. Conveniently enough, this commercial targets both teenagers and middle-aged women who either possibly adore Lopez or just know her in general. The commercial tries to show understanding of women’s dilemma about body image and evokes a sense of hope by advertising their product as a means to lose weight effectively. However, this commercial also provokes and uses insecurities that womenShow MoreRelatedIts a Barbie World1114 Words   |  5 PagesBarbie dolls have been around for many years and many young girls have gotten a Barbie as a gift at some time in their lives. Barbie is made out of plastic and has unrealistic features to her. Her body proportions are not possible and her look only relates to less than half of the human population. Barbie has the perfect, dream world where she has her dream car, house, an impeccable wardrobe, and of course the man of her dreams. Many girls grow up and admire Barbie for her looks and all the materialisticRead MoreBeauty Pageants Are Not Healthy For Children1663 Words   |  7 Pages Every little girl dreams of becoming a princess. With today s society, children are becoming them at a younger and younger age. Beauty pageants have become a phenomenon in American culture. Miss America winners are role models for these girls. They represent the perfect woman, or at least perfect to society s standards. The world of child beauty pageants has become a source of fascination in today s society. Networks such as TLC and WE TV have produced popular reality shows focusing on the miniatureRead MoreThe Psychological Effects Of Eating Disorders1324 Words   |  6 PagesEvery woman in her life has a moment when she looks in the mirror and feels fat, or opens a cosmopolitan magazine to see a size 00 girl advertising a new diet and starts to feel insecure, or goes to every length on earth to lose weight, but what women don t realize is that those are all influences leading to eating disorders. Women are strongly affected by eating disorders in North America. Many societal, cultural and physiological aspects contribute to the impact that eating disorders have uponRead More Media; Levi Jeans Campaign Essay1429 Words   |  6 Pageswas the Levi Strauss 501 campaign so successful? The Levi Strauss 501 advertising campaign was so successful in 1984-1990 as it attracted the typical American teens selling independence, sexuality and physical good looks, representing the perfect figure and body. It illustrated a complete lifestyle to the teenagers world. Admiring the fantasy of idols James Dean and Marlon Brando, all connecting to the Levi guys (jeans) in the adverts, giving the impression of a sensual, healthy radiant aspect, toRead MoreThe Human Body Is The Most Complex Machine1398 Words   |  6 PagesThe perfect†¦What? The human body is the most complex machine. The eyes can absorb many perceptions, emotions, feelings and ideas the first time someone sees a person. The human body reflects aesthetic qualities of beauty as well as power, financial and social status. In many cases, people can determinate how much money a person has by his or her appearance. Facial surgeries, breast implants, Botox or healthy teeth are the most common ways women improve their appearance with money in today’s worldRead More Barbie Essays1716 Words   |  7 Pagesof attention to the young (Lord 16). The same is true of today’s society. As you can see with the number of toy stores in our society, we find toys of great value to our lives and enjoy giving them to children as gifts. Ask just about any young girl what she wants for Christmas and you’ll undoubtedly get the same answer: â€Å"A Barbie.† But what exactly has caused this baby boomer Barbie craze, and how did the entire world get s o caught up in it? The answer lies in Ruth Handler’s vision for theRead MoreTodays Unrealistic Body Expectations1311 Words   |  5 Pagessmall waist, lean hips, and perfect skin complexion. As a result, many people are affected by our own societys portrayals of good looking men and women that they feel pressured into doing whatever it takes and going through extreme measures, most of the time, spending countless hours in the gym trying to achieve that perfect body. Body image is evident in the gym, as the men are lifting weights they are frequently looking in the mirror examining every angle of their body making sure no area is lackingRead MoreChronicles The Author s Journey Through America s Princess Culture With Her Young Daughter, Daisy1665 Words   |  7 Pagesauthor’s journey through America’s princess culture with her young daughter, Daisy. Beginning with Disney princesses, Orenstein comes to examine American Girl dolls, the â€Å"tween† market, Miley Cyrus, social media, beauty pageants, and of course, Barbie, all in the united effort to best understand the decisions she is making for her daughter. potential body issues, poor self-esteem, ramped sexism, and gender essentialist impositions, The â€Å"princess phase† is first up for debate as Orenstein discusses theRead MoreBarbie Girl by Aqua a Gender Bias Song Essays1047 Words   |  5 PagesWhat makes a great song? Well, depending on the genre, audiences usually listen to the beat of the song and the voice of the singer, however the meaning behind the song is the most important. Barbie Girl is a song by a band called Aqua and it meritoriously demonstrates human foolishness within society through the use of textual elements such as tone, diction, repetition, as well as visual features. This song is a feminist satire cunningly disguised in a childish, friendly pop hit targeted to youngRead MoreUnemployment Poem Unemployment Summary1570 Words   |  7 PagesEvery poem constructs a perception for every reader and most readers will have a different outcome from one another. In the poem Unemployment, written by Fatimah Asghar, the author adds many hidden messages and symbols in the poems for the readers to uncover, and in a lot of times it tends to be difficult. Many poets will use their personal experiences to convey the message across to the audience. It is still difficult for readers to understand the poem right away, as many poetry are needed to be

Wednesday, May 6, 2020

Cash Based Accounting Accrual Based Accounting - 1107 Words

Introduction There are two based types of accounting measurement to determine the profit. They are cash basis and accrual basis. Business can use either a cash basis or accrual basis to work there profit. However, most of the company prefers to use accrual basis instead of others. In this essay, I will compare the difference between cash basis and accrual basis on expense and revenue. In addition, how can company choose their measurement of profit will also be discussed. Cash basis accrual basis Cash basis accounting is focus on cash flow, the companies record the revenue and expense when the cash flow really comes into their account. In other words, revenue is record when cash is received and expense record when cash is paid.†¦show more content†¦In accrual basis accounting, when an expense is record before cash flow really comes into the account, it will be recorded in an accrued expense account. (Bushman 2007) As a result, there will not have a delay in account. How can company choose their accounting method Most small businesses are free to choose either cash basis or accrual basis. (Fishman 2007) The cash basis accounting will be the best choice because it can save lots of expense in record-keeping. If you have a big company with lots of sales on credit. You need to use accrual basis accounting. (Fishman 2007) Big companies always have lots of sales on credit and purchase on credit, so the cash basis will have lots of delay caused by the time. In addition, big companies always have expense machines. If you use cash basis, the expense of the machine will be record to only this financial year. However, if you use accrual basis accounting, the expenses will be record into many years and it is called depreciation. The record is more accurate. The revenue record principle requires that revenue need to be record when earned, not when the cash is received and this principal is very important for all companies. Conclusion I have identified the difference between cash basis accounting and accrual basis accounting. Both of them have their own advantages and disadvantages. So, it is very important for your company to choose which the most suitable one is.Show MoreRelatedAccrual Basis Vs. Cash Basis1737 Words   |  7 Pagestypes of accounting methods that most companies use, accrual basis or cash basis. A definition of both concepts and comparisons between the two methods will be discussed. In addition, it describes and examines the difference in the managing of those methods and which form of accounting method is more useful and beneficial to provide information to users for different purposes. In cash basis accounting, revenue is recorded only when the cash is received, and expenses are recorded only when cash is paidRead MoreAccrual Basis Of Accounting Over Cash Basis1534 Words   |  7 PagesThere has been a significant debate focusing on costs and benefits of adopting accrual basis of accounting over cash basis of accounting. This paper illustrates the concepts of accrual basis of accounting, highlights the benefits of accrual basis of accounting posed by its advocates and also briefly discusses the disadvantages of adopting accrual basis accounting. The paper also briefly discusses the recent accounting scandal of Tesco Plc. which showed that profits of the company were overestimatedRead MoreThe Accruals And Going Concern Concepts1443 Words   |  6 Pagesï » ¿The accruals and going concern concepts are regarded as fundamental in the preparation of financial statements. Discuss the advantages and disadvantages of these concepts, explaining the reasons why these concepts may be difficult to apply or may be inconsistent with other concepts. Accounting statement and records are a periodic summary of account activity within a period and the documentations involved in the preparation of it (Thomas and Ward, 2012: 4). They are done based on a set of rulesRead MoreAccrual Basis Accounting Essay example786 Words   |  4 PagesAccrual Basis Accounting Accrual accounting is a system of accounting that is based on the accrual principal accounting. This principal requires revenue to be recognized and recorded when earned. Expenses are to be recorded when they occur. The accrual basis of accounting is used by most companies. Very small businesses and individuals use cash basis accounting. The major distinction between the accrual and the cash basis of accounting is when revenue and expenses are recognized. When theRead MoreHistory Of Accounting And Private Sector1534 Words   |  7 PagesIntroduction Since the early 1980s public sector accounting and private sector accounting have experienced significant transformation such as decentralization, deregulation and the differences between thee two sectors are highly topical and political in many countries (Blondal 2003). The key transformation is the adoption of ‘accrual basis’ of accounting rather than ‘cash basis’ accounting by increasing number of countries (Guthrie and Ryan 1998). Meanwhile, public sectors refer specifically to organizationsRead Moreâ€Å"Compare the Relative Advantages and Limitations of Financial Statements Prepared on a Cash Basis with Those Prepared on an Accrual Basis†1025 Words   |  5 Pagesrelative advantages and limitations of financial statements prepared on a cash basis with those prepared on an accrual basis† To compare the advantages and limitations of different financial statements begins with first understanding what financial statements are and what different purposes they can be used for, as well as the differentiation between cash and accrual accounting. The cash and accrual methods of accounting are the two principle ways of keeping track of businesses takings and expensesRead MoreEconomic And Financial Decisions Are Made Based On Financial Statements853 Words   |  4 Pagesand financial decisions are made based on Financial Statements. Financial statement is a statement where it records all the financial activities and position status of a company, person or an entity. In order to ensure that statements are useful, it follows certain framework which are based on accounting principles. Accrual accounting and Going Concern Concept accounting are the two accounting principles amongst various concepts. There are other various accounting concepts such as Consistency ConceptRead More Define: Generally Accepted Accounting Principles and Accrual Basis1391 Words   |  6 PagesEquity 2 What is the purpose of an account? What is the purpose of a ledger? Explain the following terms as they relate to a T account: 2 (a) Debit side 2 (b) Credit side 2 How is profit determined under (a) the cash basis of accounting and (b) the accrual basis of accounting? 3 Why are adjusting entries necessary? Surely they cause too much delay in preparing financial statements, and the financial effect of any entries made is immaterial in the long run.’ Respond to this criticism. 4 Read MoreA Comparison Between Cash Accounting and Accrual Accounting1110 Words   |  5 PagesA COMPARISON BETWEEN CASH ACCOUNTING AND ACCRUAL ACCOUNTING 1. Introduction Accounting principle and theory are generally referred to two main accounting methods which include cash accounting and accrual accounting. Cash basis accounting on income and cost is determined by the amount of actual payment for reference and accounting recording mode is simple, easy to master. The use of the accrual basis of accounting is more complicated than it with a main difference of recording timing. This essayRead MoreCharacteristics Of Financial Reporting Systems1502 Words   |  7 Pages Introduction: Earnings quality could be defined as the reduction of the market’s uncertainty about the firm’s terminal value (liquidating cash flow) due to the earnings report (Ewert et al., 2009). It has been the subject of numerous empirical studies that analyze trends over time and across countries, evaluate effects of changes in accounting standards, auditing, enforcement and corporate governance, and examine its relationship with the cost of capital (Ewert, 2015, p.1). ‘It is also one of

Business Law Essay - 2237 Words

Business Law I. Explain with cases the essentials of a valid contract. Introduction Contract, in the simplest definition, a promise enforceable by law. The promise may be to do something or to refrain from doing something. The making of a contract requires the mutual assent of two or more persons, one of them ordinarily making an offer and another accepting. If one of the parties fails to keep the promise, the other is entitled to legal recourse. The law of contracts considers such questions as whether a contract exists, what the meaning of it is, whether a contract has been broken, and what compensation is due the injured party. The Essentials of a Valid Contract The essential elements of the formation of a†¦show more content†¦Offer: A proposal to enter into certain arrangements, usually accompanied by an expected acceptance. For example, an offer to purchase a house for $50,000. It is a proposition to do a thing. An offer ought to contain a right, if accepted; compelling the fulfillment of the contract and this right when not expressed is always implied. By virtue of his natural liberty, a man may change his will at any time, if it is not to the injury of another; he may, therefore, revoke or recall his offers, at any time before they have been accepted; and in order to deprive him of this right the offer must have been accepted on the terms in which it was made. Any qualification of, or departure from those terms, invalidates the offer unless the same be agreed to by the party who made it. When the offer has been made, the party is presumed to be willing to enter into the contract for the time limited, and if the time be not fixed by the offer, then until it be expressly revoked or rendered nugatory by a contrary presumption. Suppose Bob puts up an ad in a Real Estate Magazine implying that he would like to sell his house for $28,500.00. Dole on the other hand offered to buy the house within one week for $27,000.00. Bob declined from Doles offer. Though Dole made a valid offer. An offer must be distinguished from an invitation to treat. For example, a Ralph Lauren sport shirt is displayed in a department store with aShow MoreRelatedBusiness Law And Ethics : Backoffice Business Brief1862 Words   |  8 Pages Running head: BACKOFFICE BUSINESS BRIEF 1 Business Law and Ethics BackOffice Business Brief Patten University BACKOFFICE BUSINESS BRIEF 2 Constitutional Rights and Guarantees BackOffice is a new startup business that will provide potential clients with an application (app) that woul d automate certain business functions. BackOffice will be selling the app to certain business clients that will use it to facilitate their customers’ transactions. It is important that the owner of this companyRead MoreLegal Underpinnings of Business Law Essay609 Words   |  3 PagesLegal Underpinnings of Business Law OMM 670: Legal Environment February 25, 2013 Legal Underpinnings of Business Law Business | Type of Business | Liability Exposure | Compare | Contrast | Tinker’s Home Security Service | Sole proprietorship | Unlimited | Monetary rewards are from both the Proprietor amp; business | Sole Liability | Tinker amp; Tailor’s Home Security Service | General partnership | Unlimited | All partners are responsible whether silent or active | If you areRead MoreLaw 531 Business Forms Worksheet1386 Words   |  6 Pagesï » ¿University of Phoenix Material Business Forms Worksheet There are seven forms of business: sole proprietorship, partnership, limited liability partnership, limited liability company (including the single member LLC), S Corporation, Franchise, and Corporation. 1. Research and provide three advantages and three disadvantages for each business form. 2. Provide a 100- to 200-word summary in which you provide an example business that you would start for each form. What is legally necessary toRead MoreBusiness Law3143 Words   |  13 Pages2012 – OCTOBER SEMESTER 2012 STUDENT NAME: CHU THI HONG TUYEN ID No.: 2448481 BMLW5103 – BUSINESS LAW ASSIGNMENT Question 1 Discuss the enforceability of an agreement which lacks consideration. Using legal authorities (relevant statutes and cases) to support your discussion. Answer: A valid contract is an agreement made between two or more parties that creates rights and obligations that are enforced by law. What does the consideration mean? And what does it effect to the agreement? ConsiderationRead MoreBusiness Law : Labor And Employment Law891 Words   |  4 PagesBusiness Law: Labor and Employment Law Each and every day business throughout the United States are met with challenging situations that are centered around labor and employment law. As the director of human resources for Company X, I have been tasked with analyzing three situations that may or may not violate any federal acts. The federal acts that will be considered are the Family Medical Leave Act of 1993 (FMLA), the Age Discrimination in Employment Act of 1967 (ADEA), and the Americans withRead MoreBusiness Law762 Words   |  4 PagesB Bai 1 : Business Law: 40. Principle of Law: In this case, Esposito hired Excel Construction Company to repair a porch roof. All terms of the agreement were specified in a written contract. And the dispute occurred when Excel had repaired the rear porch roof because in the agreement failed to specify whether it was the front or rear porch that needed repair. Under civil law, two parties here had signed a civil contract in writing. Because the contract failed to specify clearly front or rearRead MoreBusiness Law Development Of Mongolia2212 Words   |  9 PagesCourse Paper Myagmarsuren Jargal International American University BUS 540: Business Law for Managers Flavia LLoyd June 28, 2015 Business Law Development Issues in Mongolia Mongolia is a developing country, which is encountering challenges to develop modern business law. During the twentieth century, Mongolia had been a socialist country and developed almost fifty years of non-private property regime. However, the end of the twentieth century, the country changed its regime to democraticRead MoreBusiness Law1345 Words   |  6 PagesQn 1: Whether James can hold the Happy Holiday Hotel for the loss of his property under the common law? The issue of this case will be whether James can hold Happy Holiday Hotel responsible for the loss of his property notwithstanding the exemption clause found in the hotel rooms. Under the Exemption Clauses in Common Law, it states that in order for this clause to be valid, the clause must be included in the contract when the contract is made. If there is any attempt to include it in after theRead MoreBusiness Law1088 Words   |  5 Pagesconditional constitute consideration? Yes, such a promise consideration even if the condition is unlikely to occur. 3. What is the general rule about the adequacy of consideration? The adequacy of the consideration is irrelevant because the law does not prohibit bargains. 5. Is there consideration when a secured note for a lesser amount is given and accepted in discharge of an unsecured note for a greater amount? Explain. No, because if a secured not for a lesser amount is given andRead MoreBusiness Law2474 Words   |  10 Pagesnature of liability in negligence amp; (3.3) Explain how a business can be vicariously liable 4 (4.1) Apply the elements of the tort of negligence and defences in the above different business situations for the legal officer who is assigned to VJSC amp; (4.2) Apply the elements of vicarious liability in above different business situations for the legal officer who is assigned to VJSC 8 Conclusion 11 References 12 Introduction Law plays important roles to protect benefits, obligations and

Violence and Society Emerging Field

Question: Discuss about the Violence and Society for Emerging Field. Answer: Introduction: According to World Health Organization, violence is defined as the use of physical power or force intended to threaten or cause harm against an individual, group or a community. Violence causes physical injury, emotional and psychosocial distress and even death (World Health Organization 2014). Violence has a great impact on the health affecting both mentally and physically. Violence is intended to cause physical injury, deprivation, psychological harm or death (Walby 2013). Violence is globally affecting people, their health and society as a whole. It pervades every individual and affects every aspects of life. It is taking a heavy toll of human life with countless harms and lost lives every year. The world global report on violence and health by World Health Organization exposes the faces of violence from interpersonal violence to collective and directed violence (World Health Organization 2013). It is a complex problem entangling the society highlighting the behavior and thought pattern of people shaped into multifaceted force in families, communities and even across borders. Violence is predictable and can also be prevented. It arises many health problems like physical injury, psychological, emotional distress in individuals and within family members. It is a universal scourge that threatens human life, communities, happiness and health in every aspect. It has become an inevitable part of human life hampering physically, emotionally, mentally and psychologically. Violence costs the life of the victim and increases the burden in terms of health. The health sector plays an important role in preventing violence. Violence encompasses suicidal behavior, interpersonal and armed conflict (Wathen, MacGregor and MacQuarrie 2016). It is a major challenge affecting human health and victims suffering due to violence created at every sphere of life. The impact of violence is large and accounts for thousands of lives. The suicides, homicides and armed conflicts harm health and take lives increasing the burden of violence deaths globally. Physical, sexual and psychological deaths occur on a daily basis that is seriously posing a threat to human health. It is undermining the human health and well being of people increasing the cost of quality of health care. The physical injury caused due to violence increases the risk of violence associated mental, behavioral and psychological problems. It results in anxiety, depression, suicidal behavior, alcohol abuse and other related health problems (Oram, Trevillion, Feder and Howard 2013). There are prolonged and permanent effects of violence like mental or physical disability that might result due to the initial abuse. It diminishes the quality of life in victims and decreases the ability of one to take care of oneself. It threatens ones personal safety that disrupts the daily activities. It is a cause and effect relationship that is violence and its impact on health including the psychological abuse. Violence is present and encompasses every community or country. The deep root analysis and prevention is important to curb violence from our society. The violence has serious effects on the health of individuals like chronic pain, psychosomatic problems and psychological problems. The domestic violence is associated with mental health problems like post traumatic stress disorder, anxiety and depression (Krizsn and Paantjens 2016). The post traumatic problems gives rise to substance abuse that also hampers the lives of people. The health sector is actively involved in the prevention of violence negatively affecting the victims and the witnesses acting like an epidemic disease and affecting life. I consider myself as a change agent in the field of preventing the disease and reducing its ill effects on human health. It is rightly said that one should be the change to see that change in the world. The ability to understand the root causes of something, we need to change it as it was said by Kurt Lewin. He proposed the change theory and said that change occur through action research. I think to bring about change to prevent violence proper planning, acting, observation and reflection is required. I think to recommend change to prevent violence, it is important to have a root cause analysis of the causes of violence. Violence prevails in the form of domestic violence that is the most common cause of violence prevailing in our society. The women are suppressed; increasing male autonomy, low empowerment among women, low educational status and traditional beliefs makes a way for domestic violence. The women are physically abused and mentally tortured (Dillon, Hussain, Loxton and Rah man 2013). The domestic violence is a serious offence and needs to be dealt with great concern. Poverty is also one of the major causes that give rise to violence. The economic burden compels people to get engaged into illegal activities for monetary benefits. The unemployment, joblessness contributes to violence in the society (Rosenfeld et al. 2013). I think there is a lot of aggression among the youth that increases the degree of violence. The anti-social activities provide easy monetary benefits and in the course of these activities, they are beaten, imprisoned, harassed and robbed. The violent behavior in the poor people is due to the suppression by the stronger people. There is unequal distribution of resources and its access to common people. I also think personal attitude and behavior also contribute to the cause of violence. The jealousy over socio-economic status in people also accounts for the violence. According to World Health Organization, violence also prevails at workplaces. Eve ry 1 in 3 women suffer from physical violence (World Health Organization 2014). The domestic violence has serious physical and mental implications on the life of the women. The children are indirectly subjected to violence at homes and dominated by fear. After analyzing the detailed causes of violence in every aspect of society and its serious implications on health, recommendations for change is required in those aspects. The global report on violence and health by World Health Organization accounts for 1.6 million deaths due to violence across the globe. This greatly influenced me to think and take action against violence prevailing in our society and destroying thousands of lives. I think women are the soft targets for violence at homes or at workplace. In a case scenario where I saw two men were abusing few teenage girls. On hearing them shouting, few people gathered and they ran away. This incident made me realize that violence has reached an alarming stage and there is an urgency to act against it. The attitude and behavior change is the most important factor for change. The interpersonal and domestic violence within families and friends could be prevented by changing behavior patterns towards partners and family members. The v ictims should raise their voices against any kind of physical abuse. The women should have equal opportunities and stature in the society regarding money and power. The application of strict and stringent laws employed at workplace, safety training and evaluation of the efficiency of training programs would help to reduce the violence occurring at workplace (Wyatt, Anderson-Drevs and Van Male 2016). The common people should be made aware of the ill effects of violence through knowledge and awareness programs. The local authorities should organize and volunteer educational programs and involve common people to speak and view their thoughts towards violence. This would help to monitor the thinking of people and their level of awareness regarding the violence and its related health effects. The victims should get optimum support from their family members and friends and should not be compelled to adopt social isolation. The victims also opt for substance abuse like alcohol or drug abus e. There should be a conscience development in people without that violence could not be prevented prevailing in every aspect of the society. The violence in the society and its implications on health are seriously affecting the quality of life. It has arisen due to multifaceted reasons like jealousy, poverty, lack of education, unequal socio-economic status, aggression and ego among people. The violence has direct effects on health causing physical injury and other related health problems that has long term effects. Violence also causes post traumatic mental anxiety, depression and psychological distress. Therefore, it is important for people, government and law makers to work in collaboration to eradicate the vicious element like violence from the society. References Dillon, G., Hussain, R., Loxton, D. and Rahman, S., 2013. Mental and physical health and intimate partner violence against women: a review of the literature.International journal of family medicine,2013. Krizsn, A. and Paantjens, M., 2016. Domestic violence: whos problem?.? ? ?,117(117), pp.63-92. Oram, S., Trevillion, K., Feder, G. and Howard, L.M., 2013. Prevalence of experiences of domestic violence among psychiatric patients: systematic review.The British Journal of Psychiatry,202(2), pp.94-99. Rosenfeld, R., Edberg, M., Fang, X. and Florence, C.S. eds., 2013.Economics and youth violence: Crime, disadvantage, and community. NYU Press. Walby, S., 2013. Violence and society: Introduction to an emerging field of sociology.Current Sociology,61(2), pp.95-111. Wathen, C.N., MacGregor, J.C. and MacQuarrie, B.J., 2016. Relationships among intimate partner violence, work, and health.Journal of interpersonal violence, p.0886260515624236. World Health Organization, 2013. WHO report highlights violence against women as a global health problem of epidemic proportions. Media centre. World Health Organization, 2014. Global status report on violence prevention 2014. World Health Organization, 2014. World report on violence and health. Geneva: world health organization. 2002.RJ. Rummcl. Deal/9 by (forte/71men/s Genocide and xl/Iaxs MilnlerSlnce l )()()(l ie v Brunswick, NJ. and London: Transaction Ialblications, 199i),(JA Zwi, A. Ugalde and P. Richards,The Effects of War and Political Violence on Health Services in L. Kurtx, ed., H7, pp.679-690. Wyatt, R., Anderson-Drevs, K. and Van Male, L.M., 2016. Workplace violence in health care: a critical issue with a promising solution.Jama,316(10), pp.1037-1038.

Tuesday, May 5, 2020

Medical Science free essay sample

The history of civilization shows how man always has to choose between making the right or wrong use of the discoveries of science. This has never been more true relevant than in our own age. We should be grateful thankful to Scientist inventors like Thomas Edison, James Watt, Howard Aiken (father of modern computers) hundreds of other great pioneers who invented the modern marvels for our daily use. It would be ungrateful on our part not to recognize how immense are the boons which modern technology has given to mankind. If you still think that modern technology is a curse it is only because men with destructive minds has misused the marvel of science. Just take a look at the domestic scene. Can we think of living without Computers, electric lights or fans? Is it possible to continue cooking on coal when we can use gas-stove? Can we live without watching any movies or listening to any music? Can people be able to live a healthy life if medical science was not such advanced What will we do without printing, Xeroxing modern methods of publishing? The education system will also not be the same without any technology. We will write a custom essay sample on Medical Science or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Medical science has become so advanced that I wouldn’t be surprised if they found a cure for AIDS. There was a time when diseases such as malaria, influenza TB were considered to be incurable. But now even some forms of Cancer are curable. All this would not have been possible if it were not for the progress made by medical science. Yes, technology scientific invention has its disadvantages also. But it will be wrong on our part to blame technology for whatever damage that has happened in our world. A car is a wonderful gift of technology to mankind. But a reckless driver is capable of using it as a weapon of destruction. We know how useful aeroplanes are in today’s world. But after the 9/11 episode, we are also aware of its destructive powers. Television is a mean of instruction entertaining people but it is often used