History And Political Science Article Example | Topics and Well Written Essays - 250 words

History And Political Science - Article Example When she appeared in both her Senate and House, she emphasized policy continuity with Ben Bernanke, her predecessor who stepped down after leading the central bank for eight years. Just like Bernanke, she believes that the economy is getting stronger enough for the Fed to gradually reduce its purchase of monthly bonds. The cut in bond purchases had reduced from the original monthly pace of $85 billion in December 2013 to currently $ 65 million. The intention is to cut the purchases by $10 million. The Federal Reserve plans to keep short-term rates low or near zero in the coming times for an extended period with economists speculating that the first hike in rate will occur probably in 2015 even though some policymakers feel that it may be appropriate to raise short-term rates sooner. Even though the inflation remains below 2 percent, many of the Fed officials including Yellen say that the economy needs support from the Reserve until the job market, as well as the economic growth, impr oves. The Fed is progressively cutting its monthly bond purchases with the intention of keeping long-term loans low rates so as to boost spending and growth. She confirmed that the Federal Reserve has soft data for over the last six weeks and is alert on the upcoming data that will help ascertain the effect of the severe winter weather.  These comments are encouraging as they offer investors a hint that the Federal Reserve might suspend or slow a pullback in economic stimulus in the event that the US economy weakened.

Contract law Coursework Example | Topics and Well Written Essays - 3750 words

Contract law - Coursework Example The paper defines a contract as an agreement between two parties or corporations that creates legally binding obligations and rights as pertains to the concerned entities. Contracts form the bulwark of communication, understanding and conducting business between two entities: individuals, or Business Corporation. Parties to a contract need to be very sure of the requirements of the contract and their stake in the endeavor, otherwise, they stand to lose financially extensively. This therefore means that for a contract to be sound: it has to involve two parties, there has to have been an agreement reached by the two parties and the contract must create legally binding rights and obligations. Litigation against a fellow passing by customer is invalid. To begin with, there is no contract arrived at by Arju and the fellow customer. Law defines their agreement as idem (mind agreement) but not a contract that is legally binding to both parties. This translates that litigation against the fe llow customer is null and void. This is since the customers’ information is not reliable and also the fellow customer has no duty of care towards Arju, this shield him from any litigation as a result of the information rendered to Arju and the consequences thereafter.Secondly, Arju cannot succeed in suing the fellow customer for compensation on the basis of caveat emptor (buyer beware). This is affirmed in a court ruling involving Smith v Hughes involving the sale of oats between the litigating parties. The plaintiff exhibited oats for the defendant to sample prior to the actual purchase and the defendant never complained. However, upon delivering the oats to the defendant, the defendant rejected them on the prospect that they were old and the plaintiff sued the defendant for compensation. In an appeal hearing, it was ruled that the seller acted in the best of interest and the buyer should have been aware of the shortfalls of contracts and not blame it on the seller. The cour t therefore revoked the litigation by the buyer. On this basis, by the fellow customer merely suggesting that Arju purchases the AK 47 water squirt as the ideal power washer, the liability for its non performance did not befall him. Arju should have been more careful and have adequate information on the best power washer and also be aware of the shortcomings of the power washer he was compelled to buy. It is evident that litigation against the fellow customer by Arju would not be successful2. A2. A sales assistant from the home decorating department who assures Arju that the store sells quality equipment, yet he has received over 200 faulty equipments in the past four hours Arju would successfully file litigation against the home decorating department assistant on the basis of misrepresentation. This is since the misrepresentation by the home decorating assistant has the four qualifications for a successful compensation to Arju as will be outlined. To begin with, the misrepresentati on was a statement. This statement is classified as a half truth as held by Lord Justice James in Arkwright v Newbold3 where he asserted that even if everything previously said is true but some information id left out, it qualifies to a false statement and consequently to misrepresentation. Even where the participants in the negotiations have no direct relationship with each other,

Accounting Assignment Essay Example | Topics and Well Written Essays - 750 words

Accounting Assignment - Essay Example The culprit can be seen to be the ballooning of expenses. It should be noted that depreciation and amortization registers 165% growth while other selling and administration expense records higher growth of 178%. To make matters worse, finance costs more than tripled at 355% from 2003 to 2007. Turning to the balance sheet accounts of the business organization, it should be noted that the mounting finance costs can be traced to the ballooning of assets which is unmatched by the growth in equity. This indicates that the company’s acquisition of asset is financed by the more costly liabilities. Logically, when Best resort to its creditors to finance the acquisition of its assets, it incurs the obligation to pay interest at specific intervals thus boosting its finance cost. The company’s cash account grew weakly at 18% during the seven-year period. Table 2 highlights the financial ratios of Best from 2003 to 2007 utilizing the selected data provided. In terms of profitability, the year 2007 saw a decline both in return to assets and return to ordinary shareholders. It should be noted that this decline indicates the company’s inability to create net income which adds to shareholder wealth and value to its assets. From the high return of shareholder’s equity ratio of .25 in 2006, this slumped to .12 in 2007 meaning that for every dollar invested in the company’s stocks, a shareholder gets 12 cents in 2007 compared to the 25 cents in 2006. Asset turnover also declined from 0.53 to 0.47 signaling lower asset utilization and possibly an inability to maximize the company’s resources. Profit margin ratio is also in decline from .18 to 0.09. The decrease in profitability ratios from the good performance in 2006 can be an indication of company’s difficulty of providing profits to its stakeholders. Consistent with the observation above, the company’s debt to

Econ Essay Example | Topics and Well Written Essays - 750 words

Econ - Essay Example This paper will look at the law of supply and demand and how it is applied in real life. The law of supply and demand is perhaps the most basic concepts taught in economics class. The law of supply and demand enables us to understand the setting of quantity demanded and price set in the market. It also stresses that the price level and quantity demanded varies according to changes in the markets through which there are movements within or shifts in demand and supply curves. First, the law of supply stresses that: (1) "at higher prices, producers are willing to offer more products for sale than at lower prices;" (2) "the supply increases as prices increases and decreases as prices decreases;" and (3) "those already in business will try to increase production as a way of increasing profits" (qtd from Reviews of Laws of Supply and Demand 1). This law creates a supply curve which is upward sloping. Logically speaking, manufacturers will tend to decide to supply more in the market if the price for their product is high. With lower prices, they have less motivation to increase production as profits are squeezed out. On the other hand, the law of demand states that: (1) "people will buy more of a product at a lower price than at a higher price;" (2) "at a lower price, more people can afford to buy more goods and more of an item more frequently, than they can at a higher price;" and (3) "at lower prices, people tend to buy some goods as a substitute for other more expensive"(qtd from Reviews of Laws of Supply and Demand 2). These reasons are consistent with the fact that people want to maximize utility through the consumption of more goods and services. Since they only have limited income, their overall aim is to find lower prices or lower priced goods in order to allocate this budget most efficiently. The law of demand and supply determines the price charged and the quantity demanded in the market. Through market forces, the prices tend to be at equilibrium where suppliers are willing to sell goods and buyers would be willing to pay at that level. With this intersection also is the quantity demanded which determines the amount that buyers are willing to buy and suppliers are willing to provide the market with. The operation of the law of supply and demand becomes more apparent in the present economic situation in the US. As customers struggle with lower income levels, they tend to buy lower priced goods than higher priced ones. This is true in my case; price becomes one of the primary considerations in my purchases because I would want to maximize the utility that I derive from my money. Also, I would demand more of a product if the price is lower. For instance, since burgers cost $4, I would only have to consume 1 in order to have money for drinks. However, if the price goes down to $2 each, then I will be willing to purchase two burgers. For a supplier, prices now also become more constraining. They wouldn't want to sell products which will not be profitable for them. Using the burger example and assumption of $4 as the equilibrium price, suppliers would be willing to supply 20 burgers at that level. Raise the price to $5 and they would say that they would even want to supply 30 or more because of the profit prospect. If prices decline to $2, then they might

Facebook Essay Example | Topics and Well Written Essays - 3750 words

Facebook - Essay Example The co-founder of Facebook, Mark Zuckerberg, had been accused of stealing the concept of Facebook from three students in Harvard University. However, he won his case against them and cleared any misconceptions about the source of the concept. Facebook was launched when the idea of social networking sites had already been circulated on the web in the form of MySpace, Orkut etc. These competitors were overshadowed by the inventive ideas and features of Facebook. It is a matter of time until another interesting idea makes its way to the top rank and supersedes Facebook. External and internal analysis has been conducted regarding Facebook to facilitate the continuation of the achievement of its goals and objectives. Other than the constant threat of the initiation of an even more inventive idea, Facebook is starting to face ‘Facebook Fatigue’ from the users due to the extensive usage of the same features. Few strategies have been proposed in the report that can be useful for Facebook to improve their service and achieve their goals and objectives. The need of the hour is to inhibit the adaptation of third party applications to ensure greater security, offer new features and functions to handle ‘Facebook Fatigue’ and reduce the number of advertisements display for the users. Facebook 1. Introduction Facebook is a social networking site that has leaped mankind to a new level of social networking; in terms of greater interactivity and communication. It is not only considered as a mechanism to communicate, but also an effective medium to share different types of multimedia, like videos, images, documents etc. It enables the users to stay in touch with their friends, colleagues, family and strangers who might have similar interests or hobbies. It is a global platform where an individual from any race or religion can become a member to communicate with his peers. Facebook has become the most commonly adopted social networking site in the prevail ing times since they have greater number of registered users every day; Facebook shows records that on average, 100 million users access the respective website every day. This report discusses different aspects of the social networking site and how the respective company has gained the status of one of the leading companies in the world. The core objectives and mission statement of the company has also been included to communicate the core values of the company. External, as well as internal analysis has been done for the company to identify the strengths, weaknesses, threats and opportunities for the company. An important and final aspect of this report is the proposal of effective strategies to facilitate the achievement of the goals of the company, along with the strategic plans to implement the propositions in the company. The financial impacts of the propositions have not been analyzed in the report due to the unavailability of extensive financial information from Facebook. It is also recommended that some of the proposals should be implemented after attaining feedback from the user to ensure that the tedious task of implementing the changes would cause a positive effect on the users, such as the provision of customization options, lessening of advertisements on profile pages. 2. Company Overview Mark Zuckerberg is one of the main founders of the company. Womack stated that the annual revenues of 2010 amounted to around $2 billion. It has been ranked as the 3rd largest IT company in the world, behind Microsoft and Google. Womack also provided the information that the founder was named as the â€Å"Person of the Year† by Time Magazine in 2010. The value of the company has

Hitler Research Paper Example | Topics and Well Written Essays - 750 words

Hitler - Research Paper Example During his time in jail for the failed coup, he wrote a memoir, titled â€Å"my struggle† and after release in 1924 gained a lot of popular support for his attacks on The treaty of Versailles and the promotion of anti-Semitism, Pan-Germany agenda and anti communism (Giblin, p 12). It is this initial support that was a beginning to his consolidation of power and elevation as the supreme leader of Nazi Germany. His career as a decorated war veteran and an intelligence officer gave him an opportunity to acquire crucial information on soldiers and the German worker Party (DAP) and served as a platform to prepare him for the huge task of uniting Germans around a cause, however evil. While at the DAP, Hitler got the chance to meet several influential people who later had a significant input on his ideologies and opinion among them Dietrich Eckart, a member of Thule Society, an occult organization that shared Nazi ideologies that were later implemented by Hitler in his quest for world dominance (Gonen, p 88). Hitler’s ideologies The ideologies of Adolf Hitler were threefold, social, political and social. On the social front, he believed in Germany for Germans and no other. To this effect, only bona fide members of the country were to be the states’ citizens and ‘foreigners’, which included Jews, Gypsies and others, were to be eradicated. Jews were to be eradicated by turning people against them (anti-Semitism). All Germans were to be mentally and physically healthy and therefore people with mental and physical disabilities were to be completely eradicated. Those who destroyed the Nazi’s common interests were also to be fought (Haynes, p53).

Movie vs books Essay Example for Free

Movie vs books Essay From our mouths, to writing and finally to film, the way we tell stories has evolved over time and I must say thank God for its advancements. Reading a book can be nice but thanks to movies all the work of deciphering the message of the story is done through the director of the motion picture. He is responsible for researching the story to find the intent of the writers and will often consult with the writer to bring you the true meaning of the story. The director brings the story to life on screen with words, images, and sounds, leaving little to wonder, taking out the questions of what the story is about and leaving us with little or no debate. Examples of this can be seen in the Hollywood productions of the movies â€Å"Holes† and â€Å"The Great Gatsby†. The movie Holes (2003) was directed by Andrew Davis who used the writer of Holes, Louis Sacher as a consultant on the set during production (Movie Hole Interview October 6, 2003). The movie follows the life of a boy, Stanley, who due to a family curse, ends up in a juvenile detention center out in the middle of nowhere after being falsely accused of stealing shoes. A witch has placed a curse on Stanley’s family causing this turn of events; the curse can’t be removed until he completes certain tasks for his best friend. At the detention center he is brought together by fate with a boy named Zero who will become his best friend. Through trials and tribulations he and his friend are able to stay united, break the family curse, and get out of the juvenile detention center. Holes was one of my favorite movies growing up, and I have also read the book, I believe the movie follows the storyline of the book down to its minutest details. The movie provided all of the key factors that the book Holes was trying to convey, and in comparing the two I was almost stunned at the realization that the two were one in the same. The movie gives the reader and viewer the same theme time and time again throughout the story; friends will get you through the day, and stick to your goals. The Great Gatsby is another movie that I’m sure many people are familiar with and the story is one I myself have fallen in love with. Like holes I have also read the book that was based on the most recent Great Gatsby (2013) movie remake by director Baz Luhrmann. It is a marvelous movie that evokes a person’s passion, yet wills you to move on past lost love. In the movie we follow the narrator who takes us into the world of Gatsby, a Debonair Millionaire. From watching the movie we may conclude that everything Gatsby does throughout the story is for a woman name Daisy, whom is in love with and desires. To impress her he throws luxurious parties and to be closer to her he buys a mansion across the bay from her. Unfortunately due to his misplaced love, a love that should have been for God, he moves to corruption and swindling to attain his love, alas the only love he receives is the one who loves all, Death. Director, Baz Luhrmann tells the New York Times (May 9, 2013) â€Å"That he sticks close to the details of the story and lifts dialogue and description directly from the novels†. In doing so he is helping to provide us with a view of the story that the writer envisioned. Yet personal interpretation can be a problem within itself when comparing a movie to a book. While there is normally one message you can take away from a movie, with a book readers are able to decipher messages differently possibly coming to a conclusion the author never intended in the first place. Take the book 50 shades of Grey, which is rumored to be a movie soon, while discussing it with several women I have gotten several different interpretations of its meaning. Many saw the book as a romance novel with a main character that falls deeply in love. While some saw the main character as a scary control freak who liked to beat up his women. As for myself, I took it as a trashy love story reminding us of things we all secretly wish for, like the change to be a millionaire and to have incredible sex. So in conclusion, I can say with certainty that movies are the media in today’s society that can create a clear and concise message closely delivering what the writer had intended for its audience. While books can tell a story and allow the reader to use their imagination when determining the message of the writer we are often unsure about what message the writer was truly trying to convey when we finish the book. Movies provide us with words, sights and sounds that give us a clearer picture as to what the writer is trying to tell us. When we finish watching a movie we are left with little room for interpretation or argument and when we leave the theater we are satisfied that we have a good understanding of the writers true message was.