Essays on Deposit

Jim and Laura intend to buy a car, and upon visiting a dealer, they agree to give $100 deposit to hold the vehicle for a day. However, Jim and Laura later change their minds on purchasing the car upon which the dealer insists that the $100 deposit was meant to be part of the contract to purchase the car. The case raises important issues with regard to contract law. Therefore, before analyzing the facts of the case, it is essential to evaluate the various aspects that constitute a legally binding contract. An essential element of a legally binding contract ...

Introduction

Bank typology has grown more complex as more formerly niche banking services gain greater customer bases, encouraging different banks to shift focus from the traditional retail banking format to a more complex and specialized arrays of banking services. Moreover, large banks, particularly multinational companies, maintain their retail operations while serving non-retail accounts, such as businesses, investors, and purely online customers (Pritchard, 2016). Further, certain organizations offer banking-like services to its members, such as credit unions and savings and loans associations (S&Ls). Thus, to manage this typological complexity, this explorative paper covers only primary forms described in its most typical ...

Introduction

In the United States, some bodies have been formed with the aim of preventing consumer and investor exploitation. These bodies are aimed at providing financial protection to the citizens. Some special laws such as Usury laws have also been formed to protect the citizens from exploitation. These bodies include the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of Currency, the Security Exchange Commission and the Financial Industry Regulatory Authority (FINRA) (Mckay & Seale, 2000).

The Federal Deposit Insurance Corporation (FDIC) and its purpose

The Federal Deposit Insurance Corporation (FDIC) is an independent public corporation based in the United States. It was formed in the year 1933 ...

What is a 'Ponzi Scheme', how it Works and How does it Collapse?

A Ponzi scheme represents a fraudulent investment trick where the promoter pays return on investment to previous investors from the money invested by new investors instead of the money earned through profit or gain. Customers are promised to receive higher investment returns, compared to market averages, with no risk at all since they will be paid from the money provided by new clients. This investment scam requires an ample flow of clientele for powering the whole fraudulent system. A Ponzi scheme comes into existence when the promoter is able to cllect initial investment funds from a person. This scheme ...

Question 1:

The five core competencies that are discussed and broadly tackled in the MBA program are as follows: Competency 3006.1.5: Legal and Regulatory Requirements Competency 3020.1.4: Motivational Concepts in Human Resources 3012.1.4: Microeconomic and Macroeconomic Principles 3013.1.4: Marketing Strategy 3014.1.1: Financial Analysis The graduate in these core competencies of the MBA program is taken through the rules and regulations as well as the legal procedures that they should be privy to, so as to analyzes applicable legal and regulatory requirements of their organizations and assist them to determine whether organizations meet legal responsibilities or not. The graduate in this competency ...

Market discipline has evolved from the real need to address the financial concerns that brought on the last few financial crises. The international economy is tied deeply to the financial sector, and international organizations such as the International Monetary Fund and the World Bank have been tasked with providing ease of liquidity throughout the world, while also helping to protect the flow of capital across borders to facilitate trade. These financial institutions are remarkably limited to what they can do because they hold little sovereignty over the independent nation-states that compose them; only the World Bank is effective when ...

There has been increasing awareness of the role of waste in the production of greenhouse gas emissions and its impacts on climate change. Diminishing natural resources has led to the recognition that what is discarded as waste has the potential to be reused as resources. Governmental legislation on prohibiting toxic materials and prevention and control of the volume of waste has helped in decreasing adverse environmental effects. There is a growing public awareness about waste prevention and its beneficial effects. The society has to replace the linear model of extract-produce-consume-dispose to closed Loop's approach of resource recovery and waste ...

Business and Law

BUSINESS AND LAW Introduction The breaching of contracts and denial of human rights have risen over the past few years due to the lack of enough knowledge. The paper covers several cases whose judgment is based on the Australian common law and consumer acts in the IRAC format

Question 1

Issue: Does Brenda have an action against Steven for the breach of contract? Rule: According to the Australian contract law, an anticipatory breach of contract can occur from time to time. An anticipatory breach of contract refers to where one party informs the other that they will not deliver what was ...

The chapter under consideration is the Chapter 5, Financial Services: Savings Plans and Payment Accounts. The chapter gives to the reader five important aspects that contribute to the understanding of the personal finances. 1. The first aspect is the selection and use of the available financial services in the market and the factors that influence the decision to select a specific financial service. The selection of the financial service depends on of the needs of the client and the convenience of fees and conditions. One of the financial services is the availability of cash. The cash is the most ...

Did Jim and Laura Buy a New Car

Business

Did Jim and Laura Buy a New Car The case recalls Jim and Laura as the complainants against Stan who is a car salesman claiming that the couple had entered into an agreement to purchase the 4-door blue Sedan by depositing $100. The facts of the case show that Jim and Laura visited the car dealership where Stan is an attending salesman who accommodated the former. Jim and Laura was interested about the blue 4-door sedan, and decided to give Stan $100 for the purpose of holding the unit for a ...

Investing in Saudi Arabia Market: Oil and Gas Services

Dissertation Proposal Rationale of the Study The rationale of the study is stipulated by the necessity to extend the analysis of the investment opportunities in Saudi Arabia market, the greatest oil, and gas supplier on the Arab Peninsula. The role of Saudi Arabia in the global economy is determined by the significant amounts of raw hydrocarbon deposits – the explored volumes of oil and gas equal to 40,3% and 22,7% of the world deposit accordingly. The experts estimate the financial assets of public and private Saudi Arabian structures in around $4 trillion. Economic and political processes taking place ...

Organizational Chart

There are three types of decision making which are taking place at the different level of organization. At strategic level of decision, an overall picture of accounting information is needed which basically involves financial report such as balance sheets and income statement (Dichev, 2008). At functional level organization-level decisions that carry day to day, operations are taken. At functional level accounting data input and maintenance take place.

Q2. Users and Purpose of Accounting

Solution: Accounting refers to the recording of the transaction which includes the detailed examining of all the budgeting proceedings (Riahi-Belkaoui, 2004). The basic function of accounting is to provide all the information ...

 Fire Alarm Monitoring- contact Datawatch and have them change status to “testing” during any inspection or anything that could trigger the fire alarm. Fire Alarm Out of Service: Datawatch is the facilitator for fire alarm services in the building. The code of building is 966, and the contact number of Datawatch service center is 240-683-6520. He will take few minutes to come and resolve all the issues related to fire alarm without charging any additional amount as it is a free service.  Roof Leaks- Call Firestone. We use Tecta America as the company that provides the service. Our warranty ...

Fed is the US central bank, and it is concerned mainly with managing the circulation of money in the economy (Banks para 1). It supplies the currency to the economy by regulating how the banking systems lend money to the public. Additionally, the Fed receives the deposits from other deposit- taking institutions since it is statutory requirement that the banks maintain a certain deposit with the Fed. This system often known as fractional-reserve system ensures that the banking system has enough cash (liquidity) to meet their financial obligations. The Fed can raise or lower the banking system’s reserve ...

The ending checkbook balance is 142.57. The outstanding checks include UNO Bookstore 121.38, blockbuster 6.12, parking sticker 18.50 and student fees 20.00 and the deposits in transit include 4/28 deposit of 75.00. The interest paid on the bank account was 1.15, and the service charges were 7.50. = 142.57 + 121.38 + 6.12 + 18.50 + 20.00 + 1.15 – 75.00 – 7.50 = 227.22 The cashbook ending balances tally with the cash balances of the bank statement where 227.22 is the end balance. The deposits and the outstanding cash deposit are listed as well as other all the credits in the check register which are not in ...

Abstract

The composition of the foods people consume has a significant influence on their health. Whole certain components in certain foods offer protection against the development of certain disease conditions, the consumption of other components at certain levels might predispose one to certain diseases and disease conditions. The processing industries have a role to inform the consumer of the ingredients in their food products. This is necessary for the consumer to make informed decisions about their dietary choices. This requirement is enforced by the role through regulations passed by government agencies. Even then, certain compounds that are present in processed ...

1.0 Background Capital structure decisions are critical for the profitability and or growth objectives of for-profit organizations. Financial managers are given the liberty of choosing the components of their capital structure as long their maximize the value of the stock and at the same time achieve some of the core objectives of firms. Some of these include maximization of the company’s value. Managers all over the world strive to find a combination of investment with the best gearing ratio. According to Huber (2011) excessive use of debt financing could lead to too much of the firm's profits being ...

Risk exposures: The Financial Transaction Risks Table

Features of the method used to measure the interest rate identified Before determining the best method to be used in the measurement of the interest risk, it is essential to assess the source of the risk. The most common sources of interest rate risk are security mismatching for various items in the balance sheet depending on whether the interest rate is fixed or variable. The value assets lead to interest rate risk when there are valuation problems as well as in situations where interest rates are not aligned with the liabilities and assets (Kaufman, 1984). Various methods are applicable ...

In the world today, cars have become one of the basic commodities that people cannot live without. This means that many people across the globe have increased their desires and likelihood to buy cars for themselves and their families, meaning that the car business has flourished across the world. Not every country manufactures car, but the most commonly countries that do manufacture sell them to other countries. Japan distributes both new and used cars to any willing country, and Tanzania is one of the trusted dealers that import them to sell to Tanzanian people as well as other willing ...

Rental Agreement and Subject Matter

I entered into a rental agreement, in which subject matter was individual apartment comprising of a bath, 2 rooms, and a kitchen.

The Parties in Contract

The parties in the contract were a renter, who is a legal person or the owner of the residential space. I was the tenant as I have received a residential permit from the renter.

Specific Contractual Details

The contractual details comprised of the name of renter who agrees to rent out the apartment of the tenant, whose name was also mentioned The amount of rent was mentioned in the contract, and the fine imposed in case of late payment of ...

Impact of dollarization in Ecuador, El Salvador, Panama, and Argentina

Introduction In the middle of the 90’s, different countries faced the financial crises. Some of these crises were severe and of vital importance. These crises majorly include “Tequila crisis”, East Asian crisis, the Brazilian crisis and the Mexican crisis and these hit the whole world leaving a devastating impact on the emerging markets of the world. These crises not only had an adverse effects on the related countries by which these are associated, but they also had affected the growing economy of the other countries. The emerging economies have suffered a serious setback as a result of the ...

Business Law

Business Law The contract that will be discussed for analysis in terms of business law is a rental or tenancy agreement initiated in Singapore by a friend who relocated with his family last November 2015. The legal definition of a real estate lease is referred to as a legal and binding contract amid the landlord and the tenant and for the contract to be binding the signing parties needs to be of legal age and competent to enter into an agreement (Kimmons, 2016). The issue that pertains to every contract law is with regards to how the contract is ...

Business Report

The A2 Milk Company Statement of Academic Honesty This assessment has been written by me and represents my own work. This work has not been previously submitted. All sourced information has been appropriately acknowledged and ARA referenced. I permit this assessment to be copied for academic processes (such as moderation). I have retained a copy of this assessment electronically.

Part 1 – Introduction

1.1 What is the name of the Entities Reporting (Quote the page number from the Annual Report)

Answer:

The name of the entity reporting is company FMC. It is created for the purpose of part 7 of the Financial Markets Conduct ...

Business Law Case Study

The issue for determination in this scenario is whether or not the service of process on Dr. Bardwell through his wife service was an effective service. An effective service of process is undertaken when the summons and complaint are handed to the defendant himself, but not any other person. Personal service of process in this case means that even when the complaint and summons are left where the defendant operates business or where he lives, and the agent therein accepts service and signs, it is considered to have been effected, even when it is delivered via registered mail. The ...

Business Law Case Study

Issues

Was it a proper service when the summons was mailed to the defendant medical clinic? Whether the Minnesota court should invalidate the Tennessee judgment. Rule The general principle under Rule 4 of the Federal Rules of Civil Procedure is that service can be made personally to the defendant, left in their place of residence or business or through an email. For corporations or companies, Rule 4 (B) of the rules states that the summons can be delivered to the defendant’s agent authorized to receive such processes but a copy of the summons must be copied to each ...

Saving v/s Investment

Although used interchangeably, the terms savings and investment differs significantly. Important to note, the term savings refers to short-period investment in highly liquid products that allow the depositor/investor to access money any time or with minimal hassle. Some of the saving based instruments available for the investors are saving account, certificate of deposits, checking accounts,et cetera. Another notable feature of saving is that the money deposited is insured by the Federal Deposit Insurance Corporation (FDIC). Therefore, a saving carries minimal risk as in any condition,i.e. even if the bank defaults, the deposit will be safeguard up to ...

The Determinants of Bank Performance in Kuwait

Abstract The aim of this paper is to determine the measures of banking sector profitability of Kuwait and then see the impact of internal and external determinants on the performance of the banking sector of Kuwait. Several variables are used to measure the performance of banking sector in this study, the impact microeconomic and macroeconomic determinants will be analyzed with relation to Return on Assets (ROA) and Return on Equity (ROE). However, answering the research questions will help in the selection of independent variables. It has been planned qualitative, and quantitative both research analysis techniques will be deployed for ...

Introduction to Mongolian Financial Institution System

Introduction Following seven decades of communist rule, Mongolia adopted democracy in 1990, closely followed by a shift to a market economy (Wagner). The transition has been beset with turmoil, and the Mongolian financial system has undergone crises in ‘1994, 1998 and 1999’ (ADB), primarily due to the government’s predilection of interfering in the lending policies of banks and directing credit to poorly performing enterprises. More recently, the global financial crisis of 2008 and a drop in copper prices triggered another financial crisis in Mongolia, prompting the government into entering a standby arrangement with the IMF till 2010. The ...

Answer 1: The factors that influence the Fed's balance sheet are its assets and liabilities. In assets Fed hold securities like U.S Treasury which is controlled by open market operations. Then the foreign exchange reserves issued by the foreign governments. The SDR(special drawing rights) and gold are official asset, other Federal Reserve asset and the discount loan. In liabilities, the currency in circulation, the reserves i.e. the accounts with commercial bank , government accounts and other liabilities which mainly consist of reserve repo rate. The asset that has increased Fed balance are purchase of treasury and mortgage bonds(Kearns). ...

The Savings and Loan Crisis, or commonly known as S&L, is termed as one of the largest financial crisis in the United States history. The crisis began in the late 1970s, and its impacts on the economy were felt in the 1980s and ended in the early 1990s. Various sources have indicated the causes of the S&L crises. Some of the documented reasons include high and volatile interest rates during the period, the phase-out and its elimination, negative regional economic conditions, and federal and state deregulation of depository institutions. Other reasons include deregulation of the thrift industry, declining regulatory ...

(Reforming the financial systems)

Introduction

The term financial crisis is mainly applicable to situations where certain financial assets suddenly lose a large part of the nominal value. Through the crisis, the financial institutions equally lose value and become incompetent in the local as well as international financial markets. Financial crisis is a major cause of economic crisis where the economy experiences a downturn in liquidity as well as unpredictable inflations. However, when the financial crisis occurs several things may be done as a solution but the reformation of the financial system is one of the actions that may be undertaken. ...

The Savings and Loan Crisis, or commonly known as S&L, is termed as one of the largest financial crisis in the United States history. The crisis began in the late 1970s, and it impacts on the economy was felt in the 1980s and ended in the early 1990s. Various sources have indicated the causes of the S&L crises. Some of the documented reasons include high and volatile interest rates during the period, the phase-out and its elimination, negative regional economic conditions, and federal and state deregulation of depository institutions. Other reasons include deregulation of the thrift industry, declining regulatory ...

Influence in interpersonal relationships: My landlord’s compliance seeking and persuasion strategies

Summary of Experience In my first year of college, I did not want to reside within the campus so I decided to look for an apartment nearby. The first apartment I found was a bit of a shack, but I decided to stay there regardless while I continued my search. At the end of the semester I found a new apartment; it was closer to the campus and better in every way. The rent was about $750 and I didn’t mind as it was only a $100 increase from my other flat. However I was using my deposit ...

Introduction

A light sport aircraft (LSA) is a plane that is characterized by its small size, flight simplicity, and restrictions regarding weight and performance. LSAs have become increasingly popular in recent years as a result of low cost, low fuel consumption, and decreased pilot experience requirements. This has made them aircrafts of choice for flight schools as well as private owners. The aviation requirements for regional pilots to have served for a certain minimum number of flight hours before applying for private pilot certificate has contributed to LSAs providing grounds for building flight hours for those willing to pursue a ...

Question 1:

Ernest Rutherford is sometimes referred to as the “Father of Radioactivity”. Rutherford made many contributions to research into radioactivity and the nature of an atom. Outline his contributions. Rutherford contributed greatly towards the experimenting, studying and understanding of radioactivity, and the atom. His initial contribution was the discovery and definition of the electron. The Nobel laureate proposed the Rutherford atom model that replaced the Thompson model. This provided an excellent basis for future work into the studying of atoms, as well as, their physical and chemical properties. He was involved in research aimed at splitting the atom leading to ...

Geography Assignment

Geography Assignment

Question one

Ernest Rutherford made remarkable contributions towards radioactivity and the nature of the atom. He was the first man on earth to discover that atoms have a small nucleus that is charged and its surrounded by space which is circled by very tiny electrons. This was what became to be known as the planetary model or Rutherford model of the atom. Rutherford collaborated with Fredrick Soddy on research on transmutation of elements. The two researched in X-ray effects based on conductivity of gasses ("Ernest Rutherford: Father of nuclear science," 2014). This is where they came up with the ...

Geography Assignment

Geography Assignment

Question one

Ernest Rutherford is a renown physicist who is known as the father of nuclear physics due to his enormous contribution in the field of radioactivity. Rutherford discovered the concepts on radioactive half-life which assisted in proving that radioactivity is involved with transmutation of a single chemical element to the other. The physicist also differentiated and named the beta and alpha radiations. Rutherford was the first person to design and undertake highly original experiments that had alternating currents as well as high frequency. In his second paper, which was about magnetic viscosity contained a description of time apparatus ...

Introduction

The following discussion entails three questions, which are all based on radioactivity with respect to geology. The three questions are further subdivided into three subtopics: Biography of Ernest Rutherford, weathering, and practical consultation.

One of the most recognized personalities in the world of discovery is Ernest Rutherford. This is due to his efforts in chemistry-related research which led to a number of discoveries. Ernest carried out his education mainly in New Zealand, where he was born and brought up. At first, Rutherford did research into the magnetic properties of iron when exposed to high-frequency oscillations. This made him one ...

The actual reserve is the amount of funds or cash that a bank has on deposit with the main reserve bank. Most of the cases it is the sum of money that a bank has on deposit with the Federal Reserve Bank and those in the branches across an area of jurisdiction (Macesich 28). In economic terms, branches of a Federal Bank are referred to as commercial districts. Furthermore, actual cash includes up to a bank's vault cash. The actual reserve can be calculated by summing up the entire bank's reserve deposit at the Federal Bank with its vault ...

Question 1

Radioactivity is the process by which unstable isotopes of elements disintegrate in the nucleus to release energy in form of gamma rays, beta radiation and alpha radiation. The disintegration occurs as a result of the stability within the cell nucleus. Some isotopes of elements have non-balancing number of the protons as compared to the neutrons, as a result of the lack of balance between the negative and the positive charges in the nucleus; the nucleus becomes unstable and disintegrates. Radioactive radiation was first discovered by Henri Becquerel in 1896 as he was working on X-ray. By then the X-ray ...

(2804 words)

QUESTION ONE

Identify and describe as many distinct sub-systems of Cash Mountain as you can. For ANY TWO of your identified sub-systems, describe the following system components: Banking is one of the most important foundations in business or personal financial development. Technology has been evolving rapidly from physical traditional banking (Cayazzo, 2006). There before, customer were availing themselves to the bank for any transactions or inquiries. Then banks began the operation of automated teller machine (ATM) making it easier for bank customers to access cash at their convenience. ATMs have evolved to a point where a customer can withdraw ...

Question 1

Ernest Rutherford One of the contributions of Ernest Rutherford includes the discovery that the Becquerel rays consisted of two different rays (Sears, 2015). The discovery of the two rays came about after Ernest Rutherford focused his attention on actual radiations that are emitted by radioactive substances. The experiment consisted of evaluations of radiations that were emitted from successively layered sheets of aluminum placed over a uranium compound. A distinction made in the two forms of rays was their penetrating power. According to Sears (2015), to be able to distinguish between the two forms of rays, Rutherford named the easily ...

Background information

The advancement of information and technology has led to a significant revolution in the banking industry through the development of automated teller machines (ATM). These machines allows customers to carry out functions such as deposit of cash, withdrawal of money and securing statement of accounts. To access an ATM service, customers must have ATM cards. The respective financial institutions issue these payment cards to their customers to increase service efficiency and effectiveness (Narteh, 2013). Conventionally, customers could make long queues as they carry financial transactions from tellers. In today’s business world, ATM cards have made it possible to ...

Importance of Mathematics in our Daily Life

Introduction Many students had disliked mathematics or math and had given up on appreciating its use. Some do so since they see Math as a hard and intimidating subject, while some do not simply see the point of studying it. However, many have discovered and acknowledged that Math is indeed an important part of our lives. They had recognized that Math is an indispensable tool and that many encounters or transactions are highly dependent on it such as in banking and economics. Likewise, the technology in today’s society is the fruit of algorithms, several mathematical computations, and mathematical ...

Global Financial Crisis in the US

Introduction It was hard for the economists, professional analysts and policymakers among other players in the financial industry to foresee the crisis in the US mortgage lending industry in 2007 that resulted in the world's worst economic recession in two years' time (Sher and Iyanatul 2010). Initially, there was a housing bubble characterized by high house prices, low-interest rates, more support for subprime mortgage and increased speculation by the buyers (Acharya and Schnabl 2010). Eventually, there were decline of house market prices, increased lending rates and increased default and foreclosures by the mortgagors (John 2009). Notably, by mid-2008 the ...

Recently, China has recorded a remarkable growth in its economy of nearly 10% per year. The bulk of this growth comes from the banking sector characterized by poor asset quality, low capitalization, and massive state intervention. For this reason, the government introduced sweeping changes to the financial sector to boost its stability. These changes included transforming the banking sector from a policy-driven, state-owned, non-performing system to a profit-driven, multi-ownership, competitive system. Although the sector has recorded marked improvements in its operation and efficiency, additional efforts is needed to deal with problems revolving around non-performing loans and shadow banking. The ...

Abstract

This dissertation formulates a research dissertation and strategy for a study into the impact of Islamic banking on the economic development of societies within which such banks operates. To this end, the research examines the major tools and impacts of Islamic banks on society by conducting a literature review. This is followed by the deduction of research questions and a hypothesis that will be used to form the parameters of the entire research. The purpose of this dissertation is to investigate the relationship between the growth of Islamic banking worldwide and economic development of countries wherein this growth is ...

Forward Hedge

Spot rate US$ 0.74 Forward rate US$ 0.76 US $ received = 800,000*0.76 = US$ 608,000. If Novena Ltd. takes the forward contract they will exchange the Singapore dollars at the agreed forward rate of US$ 0.76 per Singapore dollar. Under the forward hedge Novena Ltd. will receive US$ 608,000.

Money market Hedge

Step I Borrow in foreign currency 800,000/ (1.07) = SGD$ 747,663.55 In the first step Novena Ltd. Should borrow in Singapore dollars. The amount of money borrowed should be the present value of the expected receipt discounted at Singapore borrowing rate. The present value of SGD$ 800, ...

Introduction:

Foreign bank auxiliaries and full-benefit banks are the main two sorts of foreign bank foundations in Canada that accept savings and investments from Canadian citizens and entities. This paper will attempt a thorough review of the existing foreign banks in operation in Canada, obstacles to their progress, their relative market shares and the general future outlook. Foreign bank auxiliaries are fully registered banks in Canada that are wholly owned by foreign individuals and entities, who are not citizens of or based in Canada. Foreign banks have been allowed to operate in Canada since 1999, before that the Canadian banking ...

Introduction

Monetary policy is the endeavor by the federal or state government to control the amount of money circulating within an economy. These control measures are undertaken to cub the instances of inflations or to control the interest rates to sustainable levels. Monetary policies can either be expansionary or contractionary. Expansionary monetary policies are meant to expand the supply of money to the economy thereby boosting the economic activities (Afonso, 2012). Expansionary monetary policies also lead to a reduction in average interest rates. Contractionary monetary policies, on the other hand, are macro-economic tools used by the federal or the state ...

Inside Job: Story of the Crisis

The Oscar winning movie “Inside Job” is a documentary on the financial crisis of 2008, showing a chain of events leading up to the final crisis and the aftermath following. Inside Job takes its cue from the Reagan administrations move to relax rules on banks and other business during the 1980’s, leading to a huge boom in the financial sector. Over the next 30 years, the gradual removal of rules continued such as the dropping of the Glass-Steagall barrier between deposit and investment banking. The growth of the securitization market at the same time lead to a boom ...

If we want to comprehend and control the ethical conduct within a business organization it is important that we understand how people behave in general. (Nelson and Trevino, 2014, p.19) Each person determines their own individual morals, values and ethics. In a business setting it is important that a set of ethical guidelines be established to regulate how the organization will conduct itself under various circumstances. Leadership is invaluable in enforcing these guidelines. According to, Ethics and Leadership, there are three things that will benefit a leader in influencing ethical behavior in an organization: 1) understanding ethics, 2) being ...

Module 3. The Money Market

1. Debit and credit cards have some commons and differences. The main similarities between these types of plastic are security of funds and personal information; convenience in reducing the amount of cash carried; ability to pay in almost any country of the world; an option to withdraw money at ATMs; internet purchases and on-line banking services. However, there cards have more differences than commons. Debit cards allow their owner to use money he put on the account, but no extra loan is offered additionally. Most debit cards are free of charge, unless they are prepaid ones. The only fees ...

1. One of the reasons that servicing can be successful is that it can align seller’s and buyer’s goals. Which of the following should result in greater efficiency for that reason? a. A museum paying Kimberly-Clark to check weekly that bathrooms are supplied and then the museum pays Kimberly-Clark by the supplies (i.e., the museum is charged by Kimberly-Clark for each case of paper products used) b. A museum’s purchasing officer buying paper supplies from Kimberly-Clark as the most preferred supplier c. A museum paying Kimberly-Clark to make sure that bathrooms are always supplied with paper ...

Problem Statement

The case for Midwest Copper Mining (MCM) is an expansion one. Facing growing local, national and international competition, MCM is increasingly under pressure to expand operations beyond existing mine in Kopparstad, Minnesota in order to meet growing demands from national and international customers. The expansion option involves, in fact, a number of structural changes internally and externally. Internally, MCM would have to scout for a new copper deposit, train operation staff on extraction methods in proposed new mine and maintain a high staff morale against possible disruptions caused by relocations, offer a new differentiated value proposition (in lieu of ...

1. Introduction The protection of environment is becoming ever more important in the light of rising concerns about the global climate changes and also because of the various factors that can have a negative effect on the environment. The protection of the environment must combine the regulation, legislation and initiatives that increase the good and decrease the bad practices and consequences based on the researches and proven consequences to prevent further possible pollution and degradation of the environment. The paper will focus on the examination of the regulatory agency and environmental protection of the United States and then examined ...

A contract is very different from an agreement. There are certain elements that must always be met for an agreement to be considered as a contract. In many cases, if any of the elements is missing then the agreement cannot be considered to be binding in the legal sense. A contract must have the following elements: Offer: At all times, between the two parties, there must exist a definite and very clearly outlined offer for doing something. An offer is always an expression to do something which is then supposed to be followed by unconditional acceptance from the other ...

XXX (Course identification)

Recent decades became the time, when modern technology has been introduced in all fields of common life and changed the World. (Wigand, 1997) The banking system was no exception and as it is a milestone of the economy the intake of electronic technologies, development of electronic banking, was crucial for the overall performance. (Akhisara, 2015; Nickels, 2003) Telecommunication and electron data processing have now become so common, but in 40 years ago the introduction of credit cards, the Automatic Teller Machine (ATM) and the ATM networks were a revolutionary step. (Uzoma, 2013) The information technologies speeded ...

Q1 Answer

A legal contract takes place when two parties develop a compulsion enforceable by the law. For a contract to exist, various elements should be present. Some of these elements include the offer, acceptance, mutuality of obligation, writing requirement, capacity and consideration. Richards (2006) reveals that an offer entails the promises that require one party to exchange something with another party via a clear agreement. In the case at hand, there existed an offer when Jim and Laura expressed their interest in buying a car from Stan. They clearly did window shopping for the vehicle and at last, identified a ...

Capital One Financial Corporation

I have chosen as my organization Capital One Financial Corporation which is a bank holding company with the following affiliated entities: Capital One Bank (USA), National Association (COBNA) and Capital One, National Association (CONA) that operate separately. It also has overseas operations particularly in the United Kingdom and Canada. According to its website, Capital One is a Fortune 500 company and its deposit base makes it one of the top 10 largest banks in America (Capital One, 2016). The company has three major sectors: credit card, commercial and consumer banking. The banking and financial intermediaries literally prop up the ...