Law - Corporate Law Essay Example | Topics and Well Written Essays - 1000 words

Law - Corporate Law - Essay Example The partners wish to bring in more funding into the proposed entity. Consequently, they want the resources injected be recognized as capital. Additionally, they want the business to bear responsibility for any debt pertaining to it. Considering the conditions set by the three partners Tinky, Lola and Daphne the best form of business is a Private limited company (PLC). This form of an organization is better than a sole proprietorship. The proposed business form has a distinct identity from its founders. As such, they would bear no liability for the entity’s transactions2. Additionally, such an entity can own property and take legal action against another party. The proposed business form will incur less tax than a sole proprietorship3. The law treats the incomes of a sole proprietorship as those of the founders of the organization. A private limited company (PLC) fits the description of the business form they are seeking. A PLC is accountable for its own tax burden. This assert s that the organization is a legal personality contrary to a sole proprietorship4. Individuals that subscribe for shares in a PLC are the owners since a share denotes the basic unit of ownership in any a PLC5. Shareholders do not administer the company openly. Nonetheless, they appoint directors who run the entity6. This allows a PLC to inject professionalism in its management since they appoint qualified individuals into such posts. Conversely, the sole proprietor governs his entity based on his knowledge. Therefore, the business may suffer due to his incompetence7. Nonetheless, decision-making is easier since no consultation are held. Overall, a PLC is a better business form than a sole proprietor based on the above reasons. The company act governs all the undertakings of all incorporated bodies. The act provides stringent statues on the way that a PLC should undertake its activities8. Conversely, they are negligible rules that direct the operations of a sole proprietorship. The d irectors in a PLC are answerable to the members while the sole proprietor is liable to himself9. A limited liability partnership (LLP) is a very attractive form since Tinky, Lola and Daphne are already in such similar business. Thus, a LLP will only limit their liability, but the entity will continue to incur relatively enormous taxes since the tax authorities charge it alongside the other incomes of the partners10. This implies that a LLP has no legal personality. A LLP is better that ordinary partnership since the members’ liability is limited. This denotes its major variation from other partnerships. However, it is imperative to note that the accountability of members in such an entity may vary. As such, some partners might have restricted liability11. In such a scenario, the partners with unlimited responsibility would meet the partnership’s debt during liquidation12. Nonetheless, in a PLC no member takes responsibility for the entity’s loans since the organ ization is separate from its founders and its members. The three partners should consider this pro13. Partners may run the business simultaneously by sharing duties. Alternatively, they may appoint one of the members to govern the organization. Governing such an entity is tricky since decision-making requires consultation. This makes decision-making challenging14. The partners share

Mark Rydells On Golden Pond Essay Example for Free

Mark Rydells On Golden Pond Essay Mark Rydells On Golden Pond is a drama that emphasizes the stages people of various ages endures. Utilizing Erik Eriksons Psychosocial Stages as learned in class, each of the main characters can be placed within a stage and their age-related crises analyzed. The film being so close to a familys life, it becomes relatable to the audience, prompting personal reactions as well as implementing life examples of some of the theories studied in class. As there are plenty of characters that all develop changes throughout the movie, the most influential would be the main character, Norman Thayer. Throughout the movie Norman shows many prime examples or physical, cognitive, and emotional changes. All of these are tied into Normans challenge of accepting the fact of his own age and maybe the idea of death. On Golden Pond is based off of accepting the fact of age, family, and dying. With this being the main focus the story goes deep and wraps around Normans physical state. Norman is approaching his Eightieth birthday, and one can only imagine a persons physical appearance at this age. He is wrinkled all along his body, kind of like a shriveled up prune. Glasses rest upon his face, and he has very little hair, which he hides with a fisherman hat. Norman has many health problems such as arthritis and palpitations, but his most pressing health issue is his slow mental decline. He knows he is not at the top of his game anymore so grumpiness and a sharp tongue is his cover. According to Eriksons stages Norman would be considered in the Late Adulthood category. The physical state of people in this category is everything that Norman is facing. Vision becomes worse, hence why Norman wears glasses. The skin starts to become wrinkled and tough, hair loss occurs a lot faster. When this point in your life is reached the person is supposed to take the time and find meaning and satisfaction in their life  rather than to become bitter and not resolve the conflict of integrity versus despair. When a person is unsuccessful at doing so they tend to feel as if their life has been wasted and will go on with many regrets. They then will be left with feelings of bitterness and despair. Norman faces this problem because he cannot find it in him to love his life, or to accept what is happening to him as he ages. Along with physical changes throughout a persons life comes cognitive development. These are the strongest developments and changes a person goes through in their life because they affect the person the most, without us realizing whats actually happening. Throughout the movie Norman experiences cognitive development and it really shows through. When a person enters their Late Adulthood cognitive development includes many things. McGraw-Hill (2006) states the following: Some aspects of memory, such as sensory memory, semantic and procedural memory, and priming appear nearly as efficient in older adults as in younger people. Other aspects, mainly the capacity of working memory and the ability to recall specific events or recently learned information, are often less efficient. This information goes along perfectly with the character Norman. One of Normans toughest challenges is his loss of memory, and he is in denial about it. A scene in the movie where this is present is when Normal proceeds to tell his wife Ethel that he has gotten lost in the woods. While Norman is on his walk he becomes disoriented and scared, wandering off the trail and into the woods. After a short run that causes him to pant heavily, he finds his way back to the cottage without giving Ethel any suspicions of the incident. He then soon begins to confess to Ethel that he got lost on his walk and needed to rush back to her. She embraces him and reassures him they will go on that same walk together to regain his memory. He wonders why she loves him so much. Norman throughout the movie also has other incidents of decline in his memory. Throughout all the years he was known for taking his boat out on the pond and going fishing, this year when he tries its almost like he forgets how to steer it. It gets so bad that Billy takes over the boat, and Norman actually leads him into a patch full of rocks, which  damages the boat and throws Norman overboard. Womens childhood relationships with their fathers are important to them all their lives. Regardless of age or status, women who seem clearest about their goals and most satisfied with their lives and personal and family relationships usually remember that their fathers enjoyed them and were actively interested in their development. (Chess, Stella). Among from all the other twists and turns a person goes through in their lifetime, emotional development is by far the best and the worst. In this movie an emotional relationship is what its solely based off of. Norman has lived his whole entire life without having a relationship with his daughter Chelsea. In fact she hasnt seen him in years and for the first time she is coming to spend time for his big birthday. When Chelsea arrives the tension and resentment is so present with both the characters. Normans problem is that he doesnt realize his words and actions strongly affect Chelsea in more than one-way. One scene that really shows how Norman feels about life and that can really affect Chelsea is when they assemble for his birthday cake. He states that he has little to say for living for four score years. Instead of expressing his love to his daughter he makes her feel as if she has had no impact on him what so ever. That very next day Chelsea tells her mother Ethel that even though she is all the way in Los Angeles he makes her feel inadequate from a distance. Now every person knows that in order to build a relationship it takes two. Another relationship Norman builds throughout the movie is through Chelseas stepson Billy. Billy gives Norman a run for his money and shows him that not everyone will take his negativity. Norman and the boy slowly begin to bond and share laughs with each other. Their biggest bonding experience is when they go fishing out on the lake to catch the big fish they call Walter. These experiences that Norman shares with Billy make him realize all he has missed out on with his own daughter Chelsea. Rougemont-Bucking (2013) research states the following: In particular, it focuses on the fact that the limited capacity of the working memory to process now-relevant information can be turned into an advantage, when the individual is occupied by dealing with unpleasant emotion. Based on a  phenomenon known as dual-task interference (DTI), this emotion can be chased by intense arousal due to clearly identifiable external stressors. This research on emotional development fits perfectly with Late Adulthood and maybe as to why Norman is so distant with his daughter. Since his memory is going slowly declining, his mind doesnt find it hard to deal with unpleasant emotion. Norman is kind of like a rock he is just there and doesnt feel much. To go back to the quote from before Womens relationships with their fathers are important to them all their life†¦ This quote ties my paper together perfectly. As much as it is a quote more to Chelsea than Norman it strongly shows how a daughter can be so affected without a fathers love and support. This movie is not only based off of Normans aging and one of his last summers but it is about the growth of a daughter and fathers nonexistent relationship. Throughout the movie Norman shows many prime examples or physical, cognitive, and emotional changes. We as an audience go into the mind of Norman Thayer and learn that even as a grumpy old soul, somewhere deep down in there is a huge heart with lots of love to give. WORKS CITED Gilbert B. (Producer), Rydell M. (Director). (1981) _On Golden Pond_ (Motion Picture). United States: Universal Pictures Papalia, D. E. Olds. S. W. Feldman. R. D (2006). Physical and Cognitive Development in Late Adulthood. _Higered.mcgraw-hill_. Retrieved November 28, 2013, http://highered.mcgraw-hill.com. Rougemont-Bucking, A: Grivel J. (2013). Risk Perception and Emotional Coping: A Pathway for Behavioral Addiction?. European Addiction Research (20.2), 49. (November 28, 2013) from Proquest on the World Wide Web: http://proquest.umi.com/pdqweb

Shakespeares Language in his Works Essay -- essays research papers

Shakespeare's plays are full of references to what is now obscure- classical myth, falconry, astrology, or the theory of 'humors' that were thought to determine personality within so many of his characters (?S??Far?). Shakespeare wrote about themes and events we can relate to even now nearly 500 years later. 'He wrote about us-you and me, our friends, our families, the people we work with and play with and argue with and go to bed with, the characters we see on the evening news and elect to public office' often times comparisons are often scary (Seder iii). Shakespeare also liked to make fun of many of his characters. His plays show that he can be funny and has a humorous personality, often times even in his tragedies in which tears would flow from not only depression but from laughter. 'Shakespeare is full of humor, not only the broad clowning of the likes of Falstaff, but the deft little jabs and needles, sly and subtle jests' found in his vocabulary (Seder iv). The meanings of words Shakespeare used have changed and some have totally disappeared. The word ?bootless to Shakespeare did not mean lacking footwear, but useless or meaningless? (?So?..Far?). In our time we use expressions like LOL and IDK that stand for ?laugh out loud? and ?I don?t know or understand? when writing text messages or instant messages. If these expressions were during Shakespeare?s time the people would not have understood their meaning. Another such expressions could be ?Cool beans!? that basically means ?this is neat.? Terms that Shakespeare used have either fallen out of use or have different meanings, thus confusing the reader if he or she is not familiar with the Shakespearean style of writing. A great example of a word meaning chan... ...iting letters or messages and sometimes you will hear a person say ?tis?. It is amazing to look at the influence that he has contributed to our world and language today. He even has influence on current plays and movies and even poems. Shakespeare also uses themes in his plays. For example the main themes in Romeo and Juliet would be love and fate. Most people have at least heard of Romeo and Juliet and know it is a love story. Women and girls think Romeo is the perfect man or husband, so today girls are looking for their Romeo. In Romeo and Juliet fate just would not let them be together. There were problems arising all through the play with the fighting families and the tragic deaths of Romeo and Juliet. We knew there were going to be problems or death in the beginning when they say "A pair of star-crossed lovers take their life" (Glencoe McGraw-Hill).

Effects of Maternal Employment on Infant Development Essay -- essays r

  Ã‚  Ã‚  Ã‚  Ã‚  The topic of this paper is the debate of whether or not maternal employment has any effect on infant development. Research on this described topic has recently become popular due to the rise of working mothers over the past several decades. Their increasing numbers in the workplace and decreasing numbers as stay at home moms are creating a number of different issues to be studied. The effects of maternal employment are determined by a number of factors that include, the mother’s job satisfaction and drive, amount of work, and the mother’s opinion of quality versus quantity time with children. The main concept at hand here is the importance of an attachment in the first few years as being vital to a child’s later development. One side of the argument backs up this fact saying that it is important for a child to have their mother home with them during this period of development. The other side argues that they are finding that it may be more be neficial for the child to be placed in some form of nontraditional care environment. This paper will examine these different effects on infant development whether they are positive or negative. There are two sides to this argument as expected for any issue in debate. I will discuss these two sides by using the arguments of researchers that have studied this topic and written articles on their opposing feelings on maternal employment. I will summarize separately these two researchers’ different views along with their findings. After I have summarized some of their findings I will be presenting my own personal view on this topic.   Ã‚  Ã‚  Ã‚  Ã‚  The authors arguing the yes side of this debate are, Jay Belsky and David Eggebeen. Their purpose in writing on this issue was to touch upon some of the issues involved in what has become known as the infant day care controversy. They reviewed previous studies of maternal employment and of the infants involved receiving various type s of non-parental care and found that the children that received the type of non-parental care available in the United States for 20 or more hours a week during their first year of life are at a higher risk of developing insecure attachments to their mothers and have been known to misbehave with adults and act more aggressively toward their peers as 3 to 8 year olds. It was also found that the children that ha... ...nced skills when in school. It has been discussed that children that were not placed in non-traditional care and stayed at home with their mothers for their first three years do not take long to catch up academically with the kids that had been placed in different care environments. Children that have been able to stay at home with their mothers have also been found to be more compliance and less behavioral problems when placed into school. I think that the one-on-one relationship that they got to have with their mother right from the beginning help a great deal in creating these types of good behaviors. The children who have been placed in the care of others all their lives would not know this feeling because they have always been surrounded by other children receiving care from the same few center workers. I really feel that the best thing a mother can do for her children to ensure good development and a happy childhood is be a loving mother at home for at least the first three years of life. Once they have had this experience, and they are closer to 4 years old they will probably be ready for some kind of pre-school program.   Ã‚  Ã‚  Ã‚  Ã‚  

Organic vs. Conventional Foods Essay

For years, there has been a debate on how food is grown. Should it be organic or conventionally grown? To answer this question, the difference between the two needs to be known. Organic produce is grown without chemical fertilizers and pesticides. Organic livestock is free ranged, most of the time, with no added antibiotics or growth hormones. Conventionally grown produce is usually processed after being harvested. They are also sprayed with chemical pesticides and enriched with polluting fertilizers. Research Stanford University has held over 250 investigations that compared the nutritional value of organic and traditional crops. These studies show that organic foods tend to contain slightly more phosphorous, a higher level of omega ­3 fatty acids, and a 30% lower rate of chemical residue. However, traditional chicken and pork is one ­third more likely to contain antibiotic bacteria than organic meats. Bacterias that cause food poisoning are equally present in both traditional and organic. They have little difference in nutritional value. Organic When people see â€Å"organic,† they immediately think â€Å"pesticide ­free.† Organic products can still be labeled as organic, even if they contain commercial pesticides. The U.S. Department of Agriculture stated that almost 20% of organic lettuce showed up as positive for containing a  pesticide   called spinosad. Spinosad comes from a naturally occurring bacterium in soil. Although it is considered slightly toxic to the EPA (Environmental Protection Agency), it can be used while farming and still be labeled as organic. Spinosad, under the name Entrust, is especially harmful to the nervous system of insects, and small marine life, like mollusks. Spinosad, as well as compounds made of natural elements like sulfur and copper, have made it onto a list of pesticides open for use on organic crops, which you can find on the USDA website. Organic farming became popular in the 1970s when the first pesticides and fertilizers were introduced. The effects of the chemicals they contained were soon noticed. The chemicals paralyzed the nervous system of many people. People became concerned with what they were consuming. Organic produce may have a longer storage time and lower input costs, but there is more bad that comes out of it than there is good. Organic crops have a longer growing time. Organic farming also requires more skill than needed for traditional farming and has higher risks of soil erosion. Despite the disadvantages, organic farming is more popular than ever. Organic products tend to have a more natural taste, and is believed to decrease the risk of the avian flu. Conventional Since organic farming is becoming so popular, traditional farming is beginning to be frowned upon. It is believed to be highly dangerous and an environmental risk. However, that is not the case. Conventional farmers are starting to focus on soil fertility techniques, such as crop rotation and composting. Although some farmers still use chemical based fertilizers, herbicides, and  pesticides, others have switched to fertilizers, herbicides, and   pesticides with little to no chemicals. Conventional farms can produce more crops per acre, replenish soil, decrease risk and topsoil erosion. Conventional farming is also cheaper and require less skill. The amount problems with conventional farming have risen over the years. These problems are becoming more serious. Droughts are a big problem when it comes to traditional farming. Crops rely on rainfall to live and grow properly. If a drought occurs, it is very likely for starvation in a community to happen. Also, crops must be sprayed with the right amount of pesticide or herbicide. If not given the right amount, crops, runoff, and local water sources can be contaminated. Suicide within the conventional farming community is also a very common thing. Since 2009, over 200,000 Indian farmers have committed suicide due to debts they could not pay off. The decreased sea levels and organic competition is the cause of their lowering profit. Price Differences The prices of organic products tend to be around three to four dollars more than regular produce and meat. Say you were at the grocery store. Your grocery list contained bread, a dozen eggs, and a half gallon of milk. If you were to buy these things as conventional products, it would cost around $7. However, organic versions of these products would cost about $11.50. Organic products, such as milk, eggs, or chicken, can cost up to five dollars more than conventional products. Which Should I Buy? Every year, the Environmental Working Group (EWG) releases two official lists of the crops with the most and least amounts of chemical residues. These lists are called the â€Å"Clean 15† and the â€Å"Dirty Dozen.† As of 2015, the crops that made the Clean 15

Persian Gulf War essays

Persian Gulf War essays Saddam Hussein gave the order to invade Kuwait on August 2nd, 1990. He aimed to take control of Kuwait oil reserves. Iraq accused Kuwait, and also the United Arab Emirates, of breaking agreements that limit oil production in the Middle East. According to Saddam Hussein, this brought down world oil prices severely and caused financial loss of billions of dollars in Iraqs annual revenue. Saddam stated that Kuwait was part of former Iraqi territory and it was rightfully his to take again. However, Baghdad, the capital of Iraq, had namely recognized Kuwaiti independence in 1963. Hussein claimed that Kuwait had illegally pumped oil from the Iraqi oil field of Rumaila to reduce Iraqs oil income. (Lee, R.) Iraq surprised the entire world. The territory-thirsty country was now target of international negative attitude. The UN passed 12 resolutions condemning the attacks on Kuwait. The U.S. and other U.N. members began deploying troops in Saudi Arabia, fearful of an Iraqi attack on the giant oil industry-based country. The U.N. demanded immediate withdrawal on January 15, 1991 or Iraq would face the threats of U.N. retaliation. Iraq did not withdraw. On January 16th the Allied forces began bombing Iraq and Iraqi units in Kuwait. The next day Iraq retaliated with their first SCUD missile attack. The U.S. used patriot missiles to shoot down the SCUDs to keep Saudi Arabias oil fields safe. Ground troops were sent into Kuwait on February 23, finding little resistance. The enemy had mostly been beaten. Three days later the U.S. had control over Kuwait and offered a cease-fire to the Iraqis. Saddam Hussein accepted the terms of the cease-fire on March 3, and all fighting stopped. The Iraqis suffered over 20,000 deaths; the U.S. suffered 150. (Ohara, Scott) The Persian Gulf War served as a lesson to the Iraq government not to invade other countries without expecting retaliation. Several uprisings and rebellions occurred ...

Treatment of Sexual Dysfunction

Treatment of Sexual Dysfunction Design and Methods Used In the Study A study by Aversa et al. to establish the effects of the drug vardenafil on obese men with sexual dysfunction uses all male obese subjects attending the outpatient unit of the health facility (2012). Exclusion criteria for participants include patients on certain medications such as antidiabetic, cardiovascular, statin, and other conditions as described in a previously administered questionnaire.Advertising We will write a custom essay sample on Treatment of Sexual Dysfunction specifically for you for only $16.05 $11/page Learn More Twenty subjects participate in the study for 8 weeks by recording their sexual experiences during the study period in a questionnaire and a diary (Aversa et al., 2012).  Bronner and VoduÃ… ¡ek attempt to manage sexual dysfunction in Parkinson’s disease (PD) since this disease significantly affects sexual function (2011). They suggest the introduction of dopaminergic drugs and the subs equent follow-up on patients diagnosed with PD. They also encourage the use of lubricants by female patients and timely counseling for all patients.  Mastalir, Carvalhal, and Portal seek to investigate the outcome of the drug simvastatin in sexual dysfunction because of endothelial dysfunction. Twenty one patients receive 20 mg of simvastatin while 20 others receive a placebo for a period of six months. Subsequently, they all get 10 mg of vardenafil on demand for four weeks.  Tomlinson and Wright, in an exploratory qualitative study with semi-structured interviews, seek to explore the effect of treating SD using sildenafil (2004). The study uses 40 men with erectile dysfunction and questionnaires to get information on the sexual experiences of the participants. Reis, de Angelo, Sakamoto, Ferriani, and Lara assess serum hormone concentrations, quality of semen, frequency of sexual intercourse, and erectile function in men with epileptic seizures taking carbamazepine (2013). The s tudy uses semi-structured questionnaires and the IIEF-5 form to obtain patient responses. Method of Analysis Aversa et al. use analysis of variance to assess disparities among treatment clusters (2012). A 50% increase in IELT (intravaginal ejaculatory latency time) is quantified using a two-sided alpha value of 0.05. The arithmetic mean IELT is compared with BMI using a multiple regression analysis. The study considers a P-value 0.05 ±s.d. as statistically significant and performs all analyses using SPSS and SAS computer statistical packages (Aversa et al., 2012). Bronner and VoduÃ… ¡ek analyze the efficacy of treatment on reported patient responses (2011).  Tests such as â€Å"serum cholesterol, hormone profile, ultrasensitive C-reactive protein, the International Index of Erectile Dysfunction (IIEF), and the ED Index of Treatment Satisfaction† are done after the treatment of patients with simvastatin, placebo, and vardenafil (Mastalir, Carvalhal, Portal, 2011 p. 242).A dvertising Looking for essay on health medicine? Let's see if we can help you! Get your first paper with 15% OFF Learn More The study uses statistical tests like the Students t-test, Wilcoxon Signed Rank, χ 2, Mann–Whitney test, and ANOVA (Mastalir, Carvalhal, Portal, 2011).  Tomlinson and Wright use thematic analysis to spot and investigate issues concerning the participants’ experiences (2004). The study carries out the data analysis concomitantly with data collection to enable full tackling of emergent concerns in subsequent interviews. The researchers carry out progressive focusing by grouping identified topics into sub-themes for further discussion. The study uses the NUD*ist software to handle and retrieve all the data in the research (Tomlinson Wright, 2004). Reis et al. use 118 men in their research (2013). Of the 118 men, 63 are epileptic while 55 are normal. Blood samples from all the participants are tested for the various pa rameters after which a comparison between the two groups is made using P test as the statistical test (Reis et al., 2013). References Aversa, A., Francomano, D., Bruzziches, R., Natali, M., Guerra, A., Latini, M., Donini, L. M., Lenzi, A. (2012). A pilot study to evaluate the effects of vardenafil on sexual distress in men with obesity. International Journal of Impotence Research, 24(3), 122-125. Bronner, G. VoduÃ… ¡ek D. B. (2011). Management of sexual dysfunction in Parkinson’s disease. Therapeutic Advances in Neurological Disorders, 4(6), 375-383. Mastalir, E. T., Carvalhal, G. F., Portal, V. L. (2011). The effect of simvastatin in penile erection. International Journal of Impotence Research, 23(6), 242-248. Reis, R. M., de Angelo, A. G., Sakamoto, A. C., Ferriani, R. A., Lara, L. A. S. (2013). Altered sexual and reproductive functions in epileptic men taking carbamazepine. Journal of Sexual Medicine, 10(2), 493-499.Advertising We will write a custom essay samp le on Treatment of Sexual Dysfunction specifically for you for only $16.05 $11/page Learn More Tomlinson, J., Wright, D. (2004). Impact of erectile dysfunction and its subsequent treatment with sildenafil: Qualitative study. BMJ. 328(2004), 1037-1039. Web.