What are Savings Bonds Essay Example For Students

What are Savings Bonds? Essay The United States established savings bonds, known then as warbonds, in 1941 to help to pay for the huge expenses it incurred duringWorld War II. Today, savings bonds still help keep the government wheelsrunning smoothly. Savings bonds are a debt instrument of the U.S. Government, issued as savings certificates to individual investors in smallamounts. Savings bond certificates bear face value denominations rangingfrom $50 to $10,000. Since they are backed by the full faith and credit ofthe Federal Government, savings bonds are among the safest investmentspeople can find. The U.S. Government is unlikely to default; and even if you lose yoursavings bond certificate, the Government will often replace it, especiallyif you can provide such information as the serial number, issuance date,address and Social Security number of the owner. Another major advantageof savings bonds is that they are an accessible investment for almostanyone, since you can buy savings bonds in amounts as low as $25. Forinstance, you can buy a $50 Series EE bond for $25, and at maturity you canredeem it for $50. As a result, savings bonds still make good gifts forchildren planning to attend a college or technical school. That is not all. We will write a custom essay on What are Savings Bonds? specifically for you for only $16.38 $13.9/page Order now Savings bonds have at least two more advantages. They can provide a taxshelter; for instance, you would not pay income tax on the earnings ofSeries EE bonds until you redeemed the bonds. In addition, savings bondsare easy to acquire from a variety of resources. Besides being extremelyeasy to acquire, a savings bond offers another attractive purchasingfeature: no sellers fees. Unlike stock purchases, there are no fees orcommissions that add to the purchase price. Where do you buy Savings bonds? Savings bonds are sometimes availablethrough a payroll deduction plan at work. Also you could purchase them at avariety of government offices and financial institutions: Banks, CreditUnions, Federal Reserve banks and branches by phone or mail only (TheFederal Reserve no longer provides a walk-in service), and the Bureau ofPublic Debt. Anyone who bought or received a savings bond before 1980, they owned aSeries E or Series H savings bond. That year, Series EE and Series HH bondsreplaced the original series. The two current series offer a differentmaturity and interest rate. In 1998, the U.S. Government introducedinflation-indexed Series I bonds. The U.S. Government issues Series EEbonds at one-half their face value, which ranges from $50 to $10,000. Atmaturity, you can redeem the bonds at their face value. You may buy up to aface value maximum of $30,000 in Series EE bonds annually. Series EE bondsearn interest for 30 years. Series HH bonds earn interest for 20 years. You can acquire Series HH bonds only through an exchange of your Series Eor Series EE bonds. A minimum acquisition is $500. Other denominationsissued are $1,000, $5,000, and $10,000. Unlike Series EE bonds, youpurchase Series HH bonds at their full face value and thereafter receiveregular interest payments. Series I bonds also are sold at their full facevalue, beginning with a minimum denomination of $50. Other denominationsare $75, $100, $200, $500, $1,000, $5,000, and $10,000. Like Series EEbonds, you receive the interest earned when you cash the bond. I bonds earninterest for 30 years. The current rate on Series EE bonds is 2.61 percent interest, throughApril 2004. New interest rates are announced twice a year and take effectMay 1 and November 1. If held for five years, Series EE bonds pay 90percent of the six-month average yield on five-year Treasury securities. .ud426471c29406fc0d60859ebbb46e015 , .ud426471c29406fc0d60859ebbb46e015 .postImageUrl , .ud426471c29406fc0d60859ebbb46e015 .centered-text-area { min-height: 80px; position: relative; } .ud426471c29406fc0d60859ebbb46e015 , .ud426471c29406fc0d60859ebbb46e015:hover , .ud426471c29406fc0d60859ebbb46e015:visited , .ud426471c29406fc0d60859ebbb46e015:active { border:0!important; } .ud426471c29406fc0d60859ebbb46e015 .clearfix:after { content: ""; display: table; clear: both; } .ud426471c29406fc0d60859ebbb46e015 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud426471c29406fc0d60859ebbb46e015:active , .ud426471c29406fc0d60859ebbb46e015:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud426471c29406fc0d60859ebbb46e015 .centered-text-area { width: 100%; position: relative ; } .ud426471c29406fc0d60859ebbb46e015 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud426471c29406fc0d60859ebbb46e015 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud426471c29406fc0d60859ebbb46e015 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud426471c29406fc0d60859ebbb46e015:hover .ctaButton { background-color: #34495E!important; } .ud426471c29406fc0d60859ebbb46e015 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud426471c29406fc0d60859ebbb46e015 .ud426471c29406fc0d60859ebbb46e015-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud426471c29406fc0d60859ebbb46e015:after { content: ""; display: block; clear: both; } READ: Business Management EssayEarnings vary for Series EE bonds issued from 1980 to 1997. Many Series Ebonds have stopped paying interest. You receive the interest earned alongwith your principal when you cash in the bond. Series HH bonds pay a fixedrate of interest from the date you purchase the bonds. In August 2004 itwill be the last issue month for HH/H bonds. After August 31, 2004, no onewill be able to reinvest on HH/H or exchange their EE/E bonds for HH bonds. Series I bonds bought from May 1, 2003 through October 30, 2003 will earn4.66 percent interest for the first six months. The rate is a combinationof a fixed rate of 1.1 percent (fixed for the life of the bond) plus anadjustable rate (adjusted six months) based on inflation. You receive theinterest earned along with your principal when you cash in the bond. Thefederal government developed Series I bonds to assure investors a rate ofreturn above inflation. Historically, some savings bonds have, in reality,lost purchasing power during periods of high inflation. While savings bonds are intended to be long-term investments,eventually the time will come when we want to redeem them. Maybe we needthe money to return to school, for a long-awaited retirement cruise, or fora hundred and one other reasons. Generally, the easiest way to redeemsavings bonds is through a local bank, credit union, or other financialinstitution, although you also can contact the U.S. Bureau of Public Debtor the nearest Federal Reserve Bank. Redeeming savings bonds at a localfinancial institution is a simple and straightforward process. If you arenot the owner of the bonds, you will also have to establish that you areentitled to cash them. For example, you may be listed as a beneficiary onthe bonds of someone who has died and in addition can provide a deathcertificate of the former bond owner. In addition, you can redeem yourbonds for their full value, unless you have held them for less than fiveyears. In that case, there is a penalty equaling three months interest. For example, if you redeemed a Series EE bond that you had held for twoyears, you would receive interest for 21 months-not 24 months. In the other hand, before cashing your Series EE bonds, you have theopportunity to exchange them for Series HH bonds instead, especially ifthey are near maturity. Series HH bonds will pay twice-yearly interestpayments. In addition, exchanging Series E or EE bonds for HH bonds willcontinue to provide a tax shelter for the funds invested (Series I bondsmay not be exchanged for HH bonds.) In order to exchange Series E or EEbonds, they must be at least six months old (12 months old if purchasedFebruary 2003 and after). They also must be currently worth at least $500and must be exchanged within one year of maturity. Since Series HH bondsare available only in multiples of $500, you can elect to either receivesome of your Series E or EE investment in cash or pay additional funds inorder to acquire the HH bonds. For instance, if you want to exchange SeriesEE bonds worth $1,200 for Series HH bonds, you can receive either $1,000 inHH bonds and $200 cash or $1,500 in HH bonds with an additional payment of$300. There is no limit to the number of HH bonds own. The easiest way toexchange Series E or EE bonds for Series HH bonds is through a localfinancial institution, which can help with the paperwork and transmit yourapplication to a Federal Reserve Bank. Or, you can get an application andfile it yourself with the nearest Federal Reserve branch. .u65a9bf3e51f75cb9f2dc64e260938b3f , .u65a9bf3e51f75cb9f2dc64e260938b3f .postImageUrl , .u65a9bf3e51f75cb9f2dc64e260938b3f .centered-text-area { min-height: 80px; position: relative; } .u65a9bf3e51f75cb9f2dc64e260938b3f , .u65a9bf3e51f75cb9f2dc64e260938b3f:hover , .u65a9bf3e51f75cb9f2dc64e260938b3f:visited , .u65a9bf3e51f75cb9f2dc64e260938b3f:active { border:0!important; } .u65a9bf3e51f75cb9f2dc64e260938b3f .clearfix:after { content: ""; display: table; clear: both; } .u65a9bf3e51f75cb9f2dc64e260938b3f { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u65a9bf3e51f75cb9f2dc64e260938b3f:active , .u65a9bf3e51f75cb9f2dc64e260938b3f:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u65a9bf3e51f75cb9f2dc64e260938b3f .centered-text-area { width: 100%; position: relative ; } .u65a9bf3e51f75cb9f2dc64e260938b3f .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u65a9bf3e51f75cb9f2dc64e260938b3f .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u65a9bf3e51f75cb9f2dc64e260938b3f .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u65a9bf3e51f75cb9f2dc64e260938b3f:hover .ctaButton { background-color: #34495E!important; } .u65a9bf3e51f75cb9f2dc64e260938b3f .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u65a9bf3e51f75cb9f2dc64e260938b3f .u65a9bf3e51f75cb9f2dc64e260938b3f-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u65a9bf3e51f75cb9f2dc64e260938b3f:after { content: ""; display: block; clear: both; } READ: rosa parks EssayWhile savings bonds do not earn high interest, the low interest rateis sometimes compensated by favorable tax terms. What specifically are thetax advantages? For starters, you do not pay any state or local taxes onthe earnings of any savings bonds you own. While you must pay federal taxeson the earnings of Series HH bonds in the year that you receive thatinterest, you can defer earnings and taxes on Series E, EE and I bonds forlong periods. Also, you can hold Series EE and I bonds for 30 years. Afterthat period, you can exchange Series EE bonds for HH Series bonds and thenhold them for another 20 years. After 20 years, you must redeem the HHbonds and finall y pay any taxes owed on the earnings from the old EE bonds. If you buy Series EE or Series I bonds in the name of your child and redeemthe bonds while the child is still your dependent, you will pay taxes onthe earnings at the childs rate. The childs rate may be 0 percent if thechilds total unearned income is $700 or less; in any case, it is almostcertainly less than your tax rate. In 1990, the Treasury Department established the Education Bond Program,which exempts savings bond earnings from federal tax if the bonds areredeemed to pay for qualified education expenses. To qualify for thisprogram, an adult age 24 or older must buy the bonds. He or she then mustredeem them and document tuition and certain other education-relatedexpenses. (Room, board, and books are not qualified.) If the value of thebonds redeemed is greater than the qualified expenses, only the proportionused for qualified expenses is tax-free. The full exclusion is also onlyavailable to single taxpayers with annual income below $53,100 and marriedpersons filing jointly with income below $78,350. Single taxpayers withincome of $67,250 or more and married persons filing jointly with income of$108,350 or more are ineligible for this program. As you can see, there can be many advantages to practice of givingsavings bonds each year or buying savings bonds. Besides offering severaltax advantages, savings bonds can provide a reasonable, inflation-indexedreturn and a steady investment vehicle for the long term and not to mentionthe safety and backing of a U.S. Government-issued security.

Johann Wolfgang von Goethe Quotations

Johann Wolfgang von Goethe Quotations Johann Wolfgang von Goethe  (1749–1832) was a prolific German poet and writer. Within his body of work are many quotes (zitate, in German) that are now famous bits of wisdom passed down through the generations. A number of these have also influenced other popular musings and sage advice. Among Goethes best-known lines are those below. Many come from published books of the poets work while a few are from personal correspondence. Here, we will explore them in both their original German as well as the English translations. One of the Best-Known Goethe Quotes Man sieht nur das, was man weiß. English Translation:  You only see what you know. Goethe From"Die Wahlverwandtschaften" Die Wahlverwandtschaften (Elective Affinities) was Goethes third novel published in 1809. Glà ¼cklicherweise kann der Mensch nur einen gewissen Grad des Unglà ¼cks fassen; was darà ¼ber hinausgeht, vernichtet ihn oder lßt ihn gleichgà ¼ltig. English Translation: Fortunately, people can comprehend only a certain degree of misfortune; anything beyond that either destroys them or leaves them indifferent. Goethe From "Maximen und Reflexionen" Maximen und Reflexionen (Maxims and Reflections) is a collection of Goethes writings published posthumously in 1833. Der Alte verliert eines der grà ¶ÃƒÅ¸ten Menschenrechte: er wird nicht mehr von seines Gleichen beurteilt. English Translation: An old man loses one of the most important rights of man: he is no longer judged by his peers. Es ist nichts schrecklicher als eine ttige Unwissenheit. English Translation: Theres nothing worse than ignorance in action. Goethe to Eckermann, 1830 Goethe and fellow poet Johann Peter Eckermann regularly corresponded with one another. This comes from a 1830 letter to Eckermann. Napoleon gibt uns ein Beispiel, wie gefhrlich es sei, sich ins Absolute zu erheben und alles der Ausfà ¼hrung einer Idee zu opfern. English Translation: Napoleon provides us an example of how dangerous it is to be elevated to the absolute and to sacrifice everything to implement an idea. Goethe From "Wilhelm Meisters Wanderjahre" Wilhelm Meisters Wanderjahre (Wilhelm Meisters Journeyman Years) is the third in a series of books written by Goethe. It was first published in 1821, then revised and republished in 1829. Unter allem Diebesgesindel sind die Narren die schlimmsten. Sie rauben euch beides, Zeit und Stimmung. English Translation: Of all the thieving riff-raff, fools are the worst. They steal both your time and your good mood. Das Leben gehà ¶rt den Lebenden an, und wer lebt, muss auf Wechsel gefasst sein. English Translation: Life belongs to the living, and those who live must be prepared for change. Es gibt keine patriotische Kunst und keine patriotische Wissenschaft. Beide gehà ¶ren, wie alles hohe Gute, der ganzen Welt an... English Translation: There is no patriotic art and no patriotic science. Both belong, like all high good, to the whole world... Goethe From"Wilhelm Meisters Lehrjahre" Wilhelm Meisters Lehrjahre (Wilhelm Meisters Apprenticeship) is the second volume in Goethes famous series, published in 1795. Alles, was uns begegnet, lßt Spuren zurà ¼ck. Alles trgt unmerklich zu unserer Bildung bei. English Translation: Everything we encounter leaves traces behind. Everything contributes imperceptibly to our education. Die beste Bildung findet ein gescheiter Mensch auf Reisen. English Translation: The best education for a clever person is found in travel. Goethe From "Sprichwà ¶rtlich" The following are small excerpts from Goethes poem Sprichwà ¶rtlich (Proverbial). Zwischen heut und morgenliegt eine lange Frist.Lerne schnell besorgen,Da du noch munter bist. English Translation: Between today and tomorrowlies a long time.Learn quickly to take care of thingswhile youre still fit. Tu nur das Rechte in deinen Sachen;Das andre wird sich von selber machen. English Translation: Just do the right thing in your affairs;The rest will take care of itself. Goethe From "Reineke Fuchs" Reineke Fuchs is a 12-song epic written by Goethe in 1793. Besser laufen, als faulen. English Translation: Better to run than to rot. Goethe From "Hermann und Dorothea" Hermann and Dorothea is one of Goethes epic poems published in 1796. Wer nicht vorwrts geht, der kommt zurà ¼cke. English Translation: If youre not going forward, youre going backward. Goethe From "Faust I (Vorspiel auf dem Theater)" Faust I is a collection of Goethes work and when combined with Faust II, the two span 60 years of the poets artistic writings. Vorspiel auf dem Theater (Prelude on the Theater) is one poem examining the conflicts of drama and theater. Was glnzt, ist fà ¼r den Augenblick geboren,Das Echte bleibt der Nachwelt unverloren. English Translation: That which glitters is born for the moment;The genuine remains intact for future days.

Terrorism Essay Example | Topics and Well Written Essays - 1000 words - 8

Terrorism - Essay Example In an attempt to understand terrorism and integrate the protection against terrorism in the laws, different governments and agencies have come up with the definition of terrorism to help in designing intervention against the vise. This paper will analyze some of the definitions of terrorism and provide a critique to the definitions in an attempt to ensure the definitions are in conformity with the current socio-economic changes and the dynamics in technological advancements. Even before the 9/11 attack, there had been debates concerning extremism, however, following the 9/11 attack, the aftermath propelled the definition of terrorism into the forefront of the contemporary consciousness. Nevertheless, despite the public spotlight on the actions of terrorists, there has not been a concrete and a universally accepted definition of terrorism, thus the definition of terrorism varies from one state to another and between different law enforcement agencies. In the current world, national security is of paramount importance; hence, the political and the legal systems need to have a universal way of definition of terrorism to help in designing effective counter-terrorism strategies. Due to lack of a universally accepted way of defining terrorism, the international community cannot strengthen their cooperation in the fight against the vise since different definitions results to different priorities in the fight against terrorism (Sandler, 2011). Terrorism can be viewed from three parameters; the cause, the means of attack and the perpetrators. Focusing on a single parameter is not adequate to the definition of terrorism since terrorism is multidimensional, fluid and complex. The diversity in the three parameters used in the definition of terrorism makes it difficult to formulate a universally accepted definition. Some of the reasons why the application of the three parameters has

Research paper Essay Example | Topics and Well Written Essays - 750 words - 16

Research paper - Essay Example Business administrators therefore believe that if advertisement is carried in the right way, at the right place, via the appropriate media as well as within a particular time limit, it can also attract new customers. As a result, advertising assists in capturing the market as well as increasing the advertiser’s sales. Secondly advertising is critical in the promotion of services, ideas, goods as well as events. This implies goods such as cosmetics, stationary, cosmetics .Services that can be promoted include banking, hospitality, consultancy etc. Promotion of ideas leads to encouragement of the general public by the entrepreneur to invest in his/her idea. Events that can be promoted include exhibitions, festivals, rallies as well as ceremonies (Christina & Demand, 2013). Advertising is also responsible for increasing or boosting sales. This is because advertising creates awareness in masses regarding the advertised products or services .This awareness is responsible for creation of demand in the market which leads to increased or higher sales. According to business administrators, the advertisers will thus fulfill his key objective in advertising. For such impressive results to be maintained, a business ought to sustain excellent price-quality ratio alongside constant and continued advertisement campaigns. Advertising is also used by businesses to create consumer awareness-business professionals are of the perception that constant advertising generates awareness basically by informing potential customers and consumers. Awareness is created amongst consumers by bringing to their attention the availability of a particular service or product in the market. Advertising tries to pass to them why a particular service or product is superior to the other available alternatives. Customers are also informed mostly about different benefits, features, prices as well

Common And Civil Law Legal Systems Law Essay

Common And Civil Law Legal Systems Law Essay In general, law is set of general rules, regulations and principles accepted in some community and to applicable only in its territory, which is written by legislative authority. There are a lot of functions of law in the society and business. Some of the roles of the law are to keep the peace, shaping the rules of conduct and moral standards, promoting social justice and individual freedom, facilitating planning and orderly change and also protecting the environment. Law has been developing through many centuries and always changing according to the communitys social life, traditions and moral principles. Nowadays there are as many legal systems as many number of countries in the world. However all countrys over the world developed and incorporated their own laws based on three main types of legal systems such as Civil law (Continental law), Common law and Religious (Islamic) law. All these three legal systems have their own features and histories which helps us to differentiate and learn easily. In this essay I am going to discuss two main legal systems Common and Civil Law Legal Systems and their criminal and civil procedures. Common Law Legal System Common Law Legal system is one of the most famous and widespreadly used system in the world.  [1]  En.wikipedia.org (2010) suggests that This system was originated from England in the Middle Ages and very common source of a lot of Western and Eastern countries such as United States of America (except Louisiana where English criminal law combined with French civil law), England, Ireland, Canada, Pakistan and Singapore which were colonized by British Empire. The main feature of the Common Law Legal System is that compare to other legal system the Judge is the main authority. . In this legal system the principles and rules of action based on decisions of courts made by judges and similar tribunals (similar cases) to decide future cases, rather than codified rules and legislations. Common law system these similar cases called as a precedent. The precedent which is might be applied to solve some problems is called as a binding precedent or mandatory precedent. Sometimes Judges in orde r to solve some cases uses not the exactly same precedents, but similar or precedents with some relevant information, such type of precedents called persuasive precedents. In some practical cases common law system is not ideal system to use, sometimes some controversial or more considerably complicated features may occur. Moreover, in Common law the decisions of the judge or court only compulsory within particular jurisdiction and some courts have more authority than others. The weight of court decisions also makes Common law different from Civil law system. By contrast, in civil law jurisdictions judge has more self-determination to interpret the given codification rather then predictability like common law system judges. Civil Law Legal System Civil (Continental) Law is a modern legal system originated by Roman law especially the system is derived from Code of Justinian, (during the Middle Ages the emperor Justinian played an important role on the development of the Civil Law System) as later developed by legal scholars later. This system is the most ancient and common legal system in the world. The main and unique feature of the Civil law is that it is collection of written and codified rules in the form of civil codes which are applied and interpreted by judges.  [2]   Criminal Procedures in Common and Civil Law Legal System Common Law and Civil Law Legal systems differ considerably in criminal procedure and civil procedures. Although some systems, including the Common legal system, let private individuals to bring a criminal prosecution against others, prosecutions are nearly always started by the state, in order to punish the defendant. However Civil law legal actions are started by private individuals, companies or organizations. The cases are usually in different courts, and juries are not commonly used in civil cases.  [3]   In both Common and Civil law systems the criminal procedures are significantly varies than in civil law systems. In criminal cases the government will be against the individuals the prosecutor will be on the sight of government and will protect the rights of the victims (society or government) and also in lower case actually the jury will be employed. In criminal procedures as a solution to the case Judge can decide the person who made crime to some sentence, such as fine, jail or time. In the next following sentences there is given how the criminal procedure will be taken in Common law legal systems according to the David Carnes: Prosecution Although a criminal defense lawyer is obligated to advocate the defendants interests, a prosecutor is obligated to seek justice even if it means refusing to charge or convict a defendant. Because of this, the decision of whether to prosecute rests solely with the prosecutor. Although most prosecutions are commenced in response to an arrest by the police of the filing of a criminal complaint by the police of a private citizen, a prosecutor has the authority to initiate prosecution unilaterally. Bail Bail is a sum of money that the defendant must pay to remain free between the bail hearing and the conclusion of the trial. The purpose of bail is to give the defendant a motive to show up at trial (in order to get the bail money back). Judges can set bail higher or lower depending on their estimate of how likely the defendant is to show up at trial. In many cases, bail is denied. Plea Bargaining A plea bargain is a written agreement in which the defendant agrees to plead guilty to a lesser charge, in exchange for which the prosecutor will recommend to the judge that the original charges be dropped and that a previously agreed upon sentence be imposed. The judge does not have to accept the prosecutors recommendations. Prosecutors are willing to plea bargain when they face busy trial dockets, and when the available evidence raises doubts about whether the defendant will be eventually convicted. Trial Practice Trials in common law countries are adversarial, meaning that the prosecution and the defense initiate almost all action while judges are relatively passive, acting as referees. For example, if the prosecution attempts to admit evidence that should be excluded under the rules of evidence, the evidence will normally be admitted anyway unless the defense objects to its admission. In this case, a convicted defendant may appeal on the basis that he received ineffective assistance of counsel. Although every criminal defendant is entitled to demand to be tried by a jury, if no demand for a jury trial is made then the judge will determine guilt or innocence. Sentencing Regardless of whether or not a jury is empanelled, the judge will determine the sentence (within statutorily defined ranges) if the defendant is convicted. The defendant is entitled to present evidence, such as good prior behavior or mitigating circumstances, that may convince the judge to imposed a lighter sentence.  [4]   Continental Legal Systems is the fundamental source of the Civil Procedure. It mainly refers to the civil law takes into account almost all the cases not related to criminal issues the laws almost all the cases which is not related to criminal issues such as business, estates, legal contracts, accidents and domestic issues and intended to protect individuals liberties and civil rights. Civil procedure refers only to the procedures, not the laws. In Civil procedure the role of lawyers are very important and it is specialized area of to practice them. However civil law and criminal law may overlap each other. In such cases the problem will be judged under both criminal and civil procedures. For instance, if the bus driver hits the people walking on the street and kills that person he can be tried in criminal court for killing the innocent people and the victims family members be able to give him to the court for the same case under the civil procedure. Conclusion In conclusion, I would like to state that law is very controversial and very complicated subject to learn. How deep you learn it you will discover more questions to answer. Sometimes you can discover such laws which can overlap each other.

China Environmental Pollution Control Essay

Report overview: Research Beam adds a report titled â€Å"Environmental Pollution Control Equipment Markets in China† that provides latest market trends and opportunities. The report offers detailed analysis of the Environmental Pollution Control Equipment Markets. China’s demand for environmental pollution control equipment has grown at a fast pace in the past decade. In the next five years, both production and demand will continue to grow. This new study examines China’s economic trends, investment environment, industry development, supply and demand, industry capacity, industry structure, marketing channels and major industry participants. Historical data (2002, 2007 and 2012) and long-term forecasts through 2017 and 2022 are presented. Major producers in China are profiled. Complete report is available at : http://www.researchbeam.com/environmental-pollution-control-equipment-in-china-market Table of contents: I. INTRODUCTION Report Scope and Methodology Executive Summary II. BUSINESS ENVIRONMENT Economic Outlook Key Economic Indicators Industrial Sales Population and Labor Foreign Investment Foreign Trade Financial and Tax Regulations Banking System and Regulations Foreign Exchange Taxes, Tariff and Custom Duties To Get Purchase Enquiry of Report : http://www.researchbeam.com/environmental-pollution-control-equipment-in-china-market/purchase-enquiry III. ENVIRONMENTAL POLLUTION CONTROL EQUIPMENT INDUSTRY ASSESSMENTS Environmental Pollution Control Equipment Industry Overview Industry Structure and Composition Market Size Market Growth Drivers IV. ENVIRONMENTAL POLLUTION CONTROL EQUIPMENT SALES AND DEMAND Overview Environmental Pollution Control Equipment Industry Outlook Environmental Pollution Control Equipment Sales and Demand Air Pollution Control Equipment Sales and Demand Air Pollution Control Equipment Sales Foreign Trade Air Pollution Control Equipment Market Demand and Outlook Pricing Trend Water Pollution Control Equipment Sales and Demand Water Pollution Control Equipment Sales Foreign Trade V. ENVIRONMENTAL POLLUTION CONTROL EQUIPMENT MARKET OUTLOOK Environmental Pollution Control Equipment Markets Outlook Overview Industrial Sales by Region Northeast North Southeast Southwest Northwest VI. MARKETING STRATEGIES Distribution System in China China’s Distribution System Environmental Pollution Control Equipment Distribution Channels Transportation and Freight Infrastructure Communications Market Entry Channels Exporting to China Export Market Overview Chinese Trading Practice VII. ENVIRONMENTAL POLLUTION CONTROL EQUIPMENT PRODUCER DIRECTORY Environmental Pollution Control Equipment Producer Profiles Distributors Trading Companies Research Institutions and Associations Get Enquiry About Report: http://www.researchbeam.com/environmental-pollution-control-equipment-in-china-market/enquire-about-report

MBA Interactive Project Essay

Introduction Continuing the work and analysis begun in the first three SLPs, we again project ourselves back in time to the year 2012. I am in responsible for decisions on product development and pricing for the next four years for our line of tablets. I will show the score, financials and market data at the end of the four year period from my previous time discussions. Finally we can make a detailed discussion and analysis of the data using CVP analysis, and will explain why I recommend specific pricing and research and development (R&D) costs for the next four year period. Discussion The Clipboard Tablet Company is currently making three different tablet models; the X5, X6 and X7. The X5 has been on the market for three years already and market research has determined that consumers are not very worried about performance for this older tablet. The middle tablet, the X6, has been on the market for two years and market research shows consumers are concerned about performance but not necessarily price. The final tablet, the X7, is the newest and has only been on the market for one year, and market research shows the consumer is interested in both performance and price. With this in mind, we can analyze how the products evolved when Mr. Shmoe was in charge. The following table depicts the price and R&D percentage for each tablet over the preceding four years (since the last run) and whether or not the particular tablet production was discontinued or not. The graphs also depict the revenue generated and profit from the different tablets over the time period I was in charge of making the decisions instead of Mr. Shmoe. Review Overall the results of the third run of the tablet simulation had an end result which was approximately $142 million greater than the previous run, which was accomplished using CVP analysis. This change was due to two reasons. The first was the increased sales and revenue generated by the X6 tablet, ultimately reaching market saturation. The second reason was due to the dramatically increased sales of the X7. As the graphs display, the X6 accelerated greatly in terms of revenue and profit through 2013 and then began a steady and definite decline once reaching market saturation. Revenue and profit for the X7 were drastically different as compared to previous simulations, beginning to increase in 2014 and 2015,and setting the stage for sustained revenue and profits in the future time period. The X5 was relatively unchanged from previous simulations since I left the pricing alone due to the tablet having been on the market for several years already. Data Discussion It will also help to discuss in more detail what happened in the third simulation under my supervision while using the CVP model. For the X5, initial R&D allocation of the $24 million available was only 5%, or $1.2 million, plus the $75 million in other fixed costs gave a total fixed cost of $76.2 million. The variable cost per unit for the X5 amounts to $150, and using a price of $300 per tablet, the breakeven point for the X5 is 508,000 units sold. A price of $300 per tablet yielded a profit of $119 million. Fixed costs for the X5 are extremely high and with the age of the X,5 little R&D dollars were allocated in order to keep the total fixed costs down. Next up, the X6’s fixed costs were $48.3 million including the R&D costs, while the variable cost of the X6 came out to $275 per tablet. The breakeven volume for the X6 priced at $375 per tablet comes out to 375,000 tablets. The idea here was to achieve market saturation as quickly as possible and reap the associated profit. Based on the life cycle of the X6, the price was increased by only five dollars per year and associated R&D expenses were reduced only 5% in the latter years. Finally, the X7 has the exact same fixed cost as the X6 with the only difference being the dollars allocated for the R&D, which for the second run of the simulation was $49.5 million. However, the variable costs for the X7 are extremely low at only $55 per tablet. The breakeven volume for the X7 at $120 per tablet comes out to just under 577,000 tablets. The strategy here was to have a much lower initial price in an attempt to capture market share and volume upfront which would ultimately reap large profits after the breakeven point. Formulating a revised strategy Considering all of this information, the revised strategy will be somewhat similar from the previous one in regards to the overall conceptual plan. My previous strategy focused on CVP analysis, while the newer revised strategy for the tablet simulation will attempt to tweak and optimize this strategy further. Due to the lower breakeven prices of each of the tablets, volume for each one can be increased immediately by a reduction in price. Therefore we will attempt this for the X6 and X7 tablets. CVP does not account for product lifecycle, however, which is why my strategy is to more or less leave the pricing the same for the X5 as the previous run. R&D for the X5 will never increase above 1% since the consumers don’t care for this feature, while R&D will be the highest for the X7, which is marketed as the primary benefit of this higher-performance tablet. Prices for the X6 and X7 will increase by $10/year while maintaining roughly a 40-60 R&D split respectively, with the beginning price of the X7 starting $10 lower. This strategy should show higher profits after four years by keeping prices closer to their breakeven CVP pricing and varying slightly the R&D costs based on changing market saturation. To sum up the strategy, it is to more or less leave the X5 and X6 fairly constant from my previous simulation but attempt to increase overall sales in the X7 market, thus creating more revenue and profit. The following table depicts the results of the updated strategy for the next four years. As you can see we left the initial pricing for the X6 the same, starting out with a price of $375. Conclusion In conclusion, we generated a revised strategy for the Clipboard Tablet Company based on a revised and optimized CVP analysis. By adjusting the pricing for the X7 slightly downward in order to increase sales and revenue/profit, we maximize the outcome. The goal is to continue reap the profits out of the X5, get maximum revenue off of the X6 by achieving market saturation and to dramatically increase sales of the X7 which is the future for our company. I look forward to putting this into practice. References Forio.com, 2012. â€Å"Introduction.† PDA Simulator. Retrieved 09 Jan 2013 from: http://forio.com/simulate/jelson/tablet-development-sim-1/simulation/#p=page1 Manoski, Paula, 2002. â€Å"The R&D strategy/strategic process Part 1: a road map to R&D effectiveness.† Allbusiness.com, Retrieved 09 Jan 2013from: http://www.allbusiness.com/sales/customer-service-product-knowledge/122484-1.html QuickMBA.com, 2010. â€Å"Product Lifecycle.† Retrieved 13Jan 2013 from: http://www.quickmba.com/marketing/product/lifecycle