Writ ex 1 Essay Example | Topics and Well Written Essays - 500 words

Writ ex 1 - Essay Example Secondly, I find the myths concerning this forest unbelievable (James, 2008). However, myths do not illustrate lies. They entail symbolic issues that are communicated by stories. The myths also illustrate art which conveys adequate understanding of the human experience. It is falsehood to illustrate myths as lies. Adequate understanding of the myth concepts ensures appropriate analysis of the overall mythology. Hence, myths cannot be properly addressed without analyzing overall mythology. Myths cannot be separated from mythology. They should be whole or complete, so that the parts work together to ensure the life flow in the myths. Thus the usage of the word ‘myth’ is inappropriate. This shows the ignorance of the individuals and the organizations that misuse the term. But people should not be misused. This because the mythology concept is alive and actively applicable today inform of religion. The only challenge presently is that no single unifying methodology exists. The key religious organizations misuse the term to suit their interests. The multinationals also minimizes the thinking abilities of the individuals (James, 2008). Joseph Campbell illustrates the four key functions of myth. The functions are; metaphysical, pedagogical, cosmological, and finally sociological. The metaphysical function involves analyzing mystery and creation wonders. This enables adequate opening of the mind and also senses to develop awareness for the mystical being that is the origin of the entire phenomena. The cosmological function enables description of the shape of the universe or the entire world. Thus, the cosmos contained in the world becomes alive, with significance. Each and every rock, plant, animal has adequate meaning through the cosmological myth provided by the myth. The sociological function aims at forming ‘the law’. The law guides the moral and the ethical standards of individuals in a particular structure to adhere to. This assists in defining

The professional accountant Essay Example | Topics and Well Written Essays - 1250 words

The professional accountant - Essay Example At present, the company has eight major institutional investors that hold a large share in the company. It is noted that the company follows faithfully the Code of Governance in UK that provides balance representation of executive directors non executive directors in the Board. Non executive Directors are supposed to control and monitor performance of management to protect its shareholders. However, in doing so, conflicts in management arise. My Personal view is presented at end of the topic saying that the Code of Governance should have sanctions or penalties to strengthen compliance. Table of Contents Executive Summary 2 Section 1. Introduction 4 Corporate governance 4 Institutional investors 5 Section 2. Roles of financial investors in the financial system and in the business 5 Section 3. Major potential conflicts of interest that affect non-executive directors 6 How they are addressed by the corporate governance code. 6 Section 4. Comments on fulfillment of duties of non-executiv e directors 7 Bibliography 8 The Roles of Institutional Investors of ACM Shipping Group, Plc. 1. Background information. ACM Shipping Group Plc is a company incorporated in UK in 1982. Since then, it has grown to be one of the world’s leading international shipbrokers that provide full range of integrated ship brokering services for the global market. It is a publicly listed company and has complied with Rule 26 of AIM Rules. It has a reported profit of ?2.1 million as of half year of 2012. As per report, it pays a steady dividend of 3.15 pence per share ( ACM .Company Profile . 2012). Corporate governance. The company maintains three executives and three non-executive directors; a composition that the company believes is enough to accomplish its missions and objectives. As a company policy, it is imposing a series of Board changes as part of succession planning to ensure that the future of the management remains forceful. For example, in 2012, a movement and change of execut ive positions took place (ACM Financial.2012). The Board is in charge of setting up a strategic direction of the company and the monitoring of its performance against its plan. The Board also reviews and approves company proposals, formulates budget and decides on other major items on the operations of the company. An example of major policy decision is: In 2012 interim report, the Board said it continues to expand its brokerage business in new areas like Dubai and to continue with its present strategies of sale and purchase of assets. An important duty of the board is to maintain good relations with shareholders. This is done thru annual meetings where questions are discussed. Website information is also maintained as a way of establishing Communication to its shareholders. Institutional investors As defined, institutional investors are non-bank organization that pool large sums of money and invest them in securities, real property, or investment assets. (Investopedia n.d.) As such , they provide large capital to the company and become significant stakeholders. 2. Role of institutional investors in the financial system and in the business. The role of institutional investors in the financial system is to act as specialized investors in behalf of others. For example, ACM, As of December 12, 2012 has 8 institutional investors that hold more than 3% of its share capital. These are GFI Holdings Ltd, 7.3%; William Stanley Middleton, 6.3%; James Christopher Ducher Gundy, 6.3%; Michael Amyas

Olaudah Equiano Essay Example | Topics and Well Written Essays - 500 words

Olaudah Equiano - Essay Example Moreover, in these instances, we might say that freedom is imaginary. Imaginary in the sense that the subjects will, which was the core of his being, was stripped of from him as he then become a slave by none of his choice or against of his will. Here, we can begin to identify or had first identified the points or key features in the system of African slavery. It is in the reason of adopting the context of how was his will being scarce or limited for him on his state as a slave. In this manner, the idea or condition of its identity as a slave connotes with less value of his being, and that his being becomes only mechanical comparing to a puppet having its body but doesn't have a mind of its own. These instances were seen through the moment of his captivity with her sister, the trading of which he was sold as a slave and his experience then as a slave having masters that would decide for him of his actions. Second, the manner of treatment the subject experience on navigation adds more suffering he had as a slave on the boat.

The Ethics of Consumers Engaging in Ethical Purchases Essay

The Ethics of Consumers Engaging in Ethical Purchases - Essay Example Brief Summary of the Topic Various scholars have studied consumer ethics in different perspectives. Newman (2011) studied them and explained that those consumers who try to make ethical purchases only to realize they were duped may become cynical and feel their efforts were futile. DaVinney et al. (2010) studied them in terms of consumer social behaviors while Nicholls & Opal (2005) studied the way they drive market and thus influencing fair-trade. According to Carrigan (2005), Consumer ethics are the moral principles that guide consumers in obtaining, using, and disposing of goods and services. These consumer ethics help us to understand how consumers make their judgment about products or services in questionable situations like fraud and shoplifting. The ethics helps consumers to conduct themselves in a way that help them remain in harmony with concerns of nature while not neglecting the needs and interests of their social reality and their immediate and material needs (Koslowski e t al 2004). These ethics can also help consumers to avoid unhealthy products and services and those products, which might pollute the environment. According to Schwartz (2010), it is necessary for consumers to consider the moral and ethical dimension of the products when making a purchase. However, there are very few who do so. In this era, what people say and what they actually do when shopping differ greatly (Miller 2001). Moreover, it is somehow very difficult to avoid unethical purchases completely and as a result, few people in the current world buy products and services purely on ethics. In most cases people tend to make emotional decisions based on the perception they have for a product or service when making a purchase (Arnold 2010). A good example of people who make ethical purchases are those who choose to buy a product that is labeled fair-trade because of their concern for the developing countries. Another good example is people who buy product because of the role they p lay in conserving the environment (Harrison et al. 2005). Various factors are believed to influence the consumer ethics. Some of these factors include culture, social-economic status, and religion (Carrigan 2005). Many scholars have studied these factors and tried to explain the roles they play in influencing a consumer to make an ethical purchase. It is also believed that when making an ethical purchase the consumer does not have to ignore other factors of the product or service like price and quality (Harrison et al. 2005). In this case, what a consumer should do is to use an additional criterion of ethics when deciding his purchases. Consider the Topic from the Views of at least Two Competing Ethical Perspectives We can consider the issue of consumer ethics from various different perspectives. One of these perspectives is when it comes to purchasing food staffs. In such a case, consumers are bound by various factors when deciding which product to buy. With the current development in economy and technology, various types of synthetic foodstuffs have emerged. These foodstuffs are promoted even in our media. Also due to competition of the sorts of foodstuffs in the market, no company can dare to tell the consumers the disadvantage of their products. The kind of

An analysis of stakeholders and the impact that implementation of Case Study

An analysis of stakeholders and the impact that implementation of particular option will have on them - Case Study Example An analysis of stakeholders and the impact that implementation of particular option will have on them There is little doubt in the fact that the third option is likely to have a positive impact on the image and reputation of the company. The latter is likely to react to it with a boost of performance. In this case the following opportunity emerges: the company will be able to restore its good name. However, the major challenge that is posed by the option is that it will probably have a negative impact in terms of finances, but in the long term perspective it will surely win. The next important stakeholder, the role of which cannot be undermined is Halo Ethical Fund. It is identified as the body that has made the biggest investment and, therefore, it will be affected by the decision a lot. It is quite obvious that this stakeholder is likely to experience serious negative impacts that are brought by the option three, since it will involve more investment and the price per stock is not likely to rise in the future. However, the best reaction in this case would be implementing the chosen option and making sure that it brings the positive consequence in the future. If this stakeholder takes half measures, the outcome will be devastating. Speaking of the opportunities that it might experience, one should point out that if option three works out, the performance of the company will improve and so will the return on investment.

Prior Knowledge That Is Required before Using the Toaster Essay

Prior Knowledge That Is Required before Using the Toaster - Essay Example The memo is summed up in one page and also contains the name of the group members. A toaster is an electronic gadget that allows you to cook, bake, and boil your food. It is important to have a toaster in your house but before buying a toaster one should decide on whether to buy a basic toaster or a toaster oven. A toaster oven can do more cooking than the ordinary toaster so if you do a lot of cooking then the toaster oven is ideal for you. If you want to cook for a crowd of people then a toaster oven will most likely suit you more than the normal oven. A toaster oven is not very different from the normal oven that is found in most of the kitchens. However, it should be known that not all cooking can be done using the toaster oven and so some cooking should be done using the normal oven or cooker (David 8). When you buy a toaster you are given a short wire cord to prevent the chances of tripping in the event where someone becomes tangled with the wire. However, longer cords are available but should be used with a lot of care. When one uses a longer cord, it is advisable that one checks the marked electrical rating and make sure that it is twice that of the toaster oven. The appliance always has a polarized plug and so this makes it safe especially for fitting it to a polarized end. If you try to fix it and it does not fit then contact a qualified electrician and never try to force it (David 34). A toaster makes toasting much easier and faster than before. The toaster also has an easy to clean interior that wipes the interior of the toaster clean at once. The toaster is also big enough to let you bake an entire meal once without having to split the number of cooking. Baking: this is the function that can be used the same way that you would use your normal kitchen. When baking using the toaster, remember to prepare what you want to bake then preheat the toaster for five to ten minutes.  Ã‚  

CONTRACT LAW ASSIGNMENT 3 Essay Example | Topics and Well Written Essays - 1000 words

CONTRACT LAW ASSIGNMENT 3 - Essay Example It also depends upon the liability of the company. Here the company seems to have committed gross negligence resulting in grievous injuries on the customer and also damaged the car to the tune of 1500. Company is liable despite disclaimer notice, because disclaimer notices are mainly for the protection of the person who has placed it and will not stand in the Court of Law. The fact that company has installed car washing machines in its premises providing washing facility to customers is sufficient for the contract between users and company. If disclaimer has legal effect, they the customer will not be able to sue the company. In spite of disclaimer there is an implied contract between the Petrol Company and people who go for car wash, as it is installed in their premises with proper guidance and advertisement and this fact will go in favour of the injured person. Maintaining a definitely faulty washing machine that could break the skull of a customer will not work in favour of the petrol company. In contract, implied terms carry almost as severe legality as written contracts. This is not a very significant area of law any more. Still, conceptually speaking about specific contracts, sometimes we come across contracts where a certain term is used for a specific number of years, for example, rent contracts or employment contracts which run for a certain time, longer than some other contracts. Every term in such contract is rarely specified; but it is implied, understood and it exists. Most of the employment terms are implied because they are based on common sense, natural law and accepted in society. The other category comes under 'giving effect to intention of parties'. This type is more common and regularly used. These terms might not have been mentioned due to careless draftsmanship or inadvertently and usually Court takes it as existing. It adds the terms of implement presuming the intention of the contract parties1. These are the prima facie terms which are too obvious to be stated. Courts acknowledge that if all terms under all circumstances have to be stated, there is no end to terms of contracts and rest of the terms could be implicated if main terms are stipulated. But these terms have to be intended by both the parties2 and not by just one party3. Also there are terms which could be implied by statute and here initial intention of the parties does not matter4. New and old legislation terms could be implied to contracts to protect either one or both the parties. This need not have acceptance of any party and Court could do it independently5. Legislation could be primary or delegated and parties cannot contract out of the implied terms as they become mandatory. These are mainly consumer protection legislations; but need not be always so. New legislations, amendment to the old legislations, revoking of earlier legislations in favour of new legislations all fall into this category. For example: The sales of Good Act and its Amendments. There are certain terms which are inspired by other acts and closely touch the present act also could be added as implied terms according to the circumstances. QUESTION THREE: Contractual attempts to exclude all liability for economic loss are not always