International Trade Law Sale of Goods †MyAssignmenthelp.com

Question: Discuss about the International Trade Law Sale of Goods. Answer: The legislation of sale of goods in Australia Canada and England is based on the sale of goods act 1893(UK). The Sale of Goods Act 1979 is a statute of UK[1]. It is to be mentioned that the sale of goods act regulates the terms of the contract by which goods are bought and sold. The Sale of Goods Act serves a variety of functions and has many implications in reality. For the purpose of clearly defining sale of goods act it is to be clearly mentioned that Sale of Goods act basically acts as a contract in which the seller transfers the ownership in the property to the buyer for a stipulated amount called consideration. Buyer, according to the act can be defined as a person who agrees to buy any property from the seller and seller is the person who transfers the property to the buyer for the consideration. It is to be stated that the sale of goods act lays down a list of compulsory regulations and legal rules which are concerned with the implied terms and presumptions of the contract. The legal rules and the regulations governed by the sale of goods act aim to provide a reflection of the commercial expectations in common sales contract. It can be said that if the contract between the buyer and the seller does not state otherwise, the terms of the sale of goods act will be imposed on the contract. The seller has been given more responsibility by thelaw as it is expected that the buyer will rely on the honesty and integrity of the seller while purchasing the goods. The sale of goods act 1979 later codified the original sale of goods act 1893. It is to be noted thatlaw in relation to governing the relationship between the parties has been left untouched so that the buyer and the seller can decide their own terms of the agreement. Thus the act of codifying the original sale of goods act did not impinge the autonomy f the parties[2]. The parties who entered into commercial contracts were believed to be the best judges of the obligation to be imposed upon either of them for the stipulated consideration. The statute sale of goods act was drafted from the perspective of the buyer and aims to uphold and safeguard the interest of the buyer in general contracts of sale of goods. It can be said that judicial intervention is required in most cases in order to determine the intention of the parties while entering into the contract the courts are allowed to apply their philosophies for the purpose of determining the intention of the parties. The United Nations Convention on Contracts for International Sale of Goods [3] has also had significant impact on the relationship between the parties to a contract of sale of goods. To provide comparison between the convention and the sale of goods act it is essential to test the currentlaw against the convention. It is also important to assess whether a rule which would allow the parties to terminate or reject the terms of the contract should be incorporated in the contract of sale of goods. Such termination or rejection of the terms of the contract by either of the parties would is in favor of the buyer as it will enable the buyer to reject the goods if they do not comply with the terms of the contract even if goods even if the tender accords with terms of the contract. However it is detrimental to the rights of the seller. According to[4] it is important to have consideration for the relation which is shared between the regime of rejection and termination and the regime which governs the exercise of rights. The perfect tender rule in relation to sale of goods in commercial context is in de facto operations in Australia and England. This rule is applied in most cases as it is easy to provide justification for terminating a sale of goods if there is a breach of a contract term rather than the breach of sellers express obligation for providing the buyer with quality product or buyers obligation for paying the stipulated consideration in time. It is to be mentioned that provision of termination is available under the provisions of generallaw in Canada, England and Australia. However such termination clause will depend on the conditions as enumerated below: Express right of the parties to terminate the contract which is to be activated by the breach of the obligations of either of the parties which acts as a clause of termination Breach of any term of the contract which might be implied of express if such contract term was classified as a condition of the contract Omission of performance of obligation by either of the parties. The express right for termination and Rejection is introduced by the cancellation clause. However rights related to cancellation are additionally conferred by legislation. In order to have a better understanding of breach of a condition it is essential to identify when a condition is to be treated as a contingency. However assessing a condition as a contingency can be an uncertain event. It can be said that when the obligation of one party to fulfill a duty is dependent on the fulfillment of a contingency as promised by the other party such a term can be defined as a condition. Breach of such condition gives right to the former party to terminate the contract. The right of a party to terminate a contract in case of breach of intermediate term has been introduced to enable courts to assess whether the terms of the contract is possible of being breached in several ways. Breach of performance of duty by the promisor is given importance than breach of the term itself. The right of terminating the contract is granted to the party if the breach of the terms of the contract is fundamental. The sale of goods act implies terms into contract. Any breach of terms entitles the innocent party to claim damages from the defendant for the loss sustained by him. According to[5] buyer has the right to claim damages for breach of warranties if there is a breach of implied terms in relation to quality, description of the product. Section 12(1) of the Sale of Goods Act 1979 states that in case of the agreement to sell, the seller will be granted the right to sell the goods at the time when the property is to pass [6]. It is also to be stated that in case of a sale a condition is implied that the seller is granted the right to sell the property if any adverse circumstances do not arise as held in the remarkable case Rowland v Divall[7]. According to section 13(1) of the aforementioned act it can be stated that the goods sold by description must correspond with the description provided to the buyer at the time of selling the goods. The case Beale v Taylor [8]is a classic example of go ods to be sold by description. It was illustrated in the case Harlington v Christopher Hull (1990)that the implied condition of sale of goods by description can be breached by the buyer if such buyer purchased the goods in reliance of the description of the goods. Thus to conclude it can be said that the Sale of Goods Act 1979 provides general guidelines about the relationship between the parties to the contract. The sale of goods act however leaves scope for amending the terms of by the parties as it has been held that the parties are the best judges of the contract to be entered into by them. The United Nations Convention on Contracts for the International Sale of Goods (1980) also impacts the sale of goods across international borders. The Sale of Goods Act 1979 was originally drafted to safeguard the interest of the buyer in the property. Bibliography 'Sale Of Goods Act 1979' (Legislation.gov.uk, 2018) https://www.legislation.gov.uk/ukpga/1979/54 accessed 5 March 2018 Harlington v Christopher Hull (1990) Beale v Taylor (1967) Rowland v Divall (1923) Howells, Geraint, and Stephen Weatherill.Consumer protection law. Routledge, 2017. McKendrick, Ewan.Contract law: text, cases, and materials. Oxford University Press (UK), 2014. Johnson, Jeff S., and Ravipreet S. Sohi. "Understanding and resolving major contractual breaches in buyerseller relationships: a grounded theory approach."Journal of the Academy of Marketing Science44.2 (2016): 185-205. United Nations Convention on Contracts for International Sale of Goods (1980)

Ap Biology Ecology Essays free essay sample

Unlike photosynthesis, carbon is the waste product in respiration, while oxygen is removed from the atmosphere. If carbon isn’t cycling through either photosynthesis or respiration, it reacts with water, in the form of carbon dioxide, to produce bicarbonate. The bicarbonate is a source of energy for aquatic producers such as algae and other aquatic vegetation. On similar terms to the formation of bicarbonate, when aquatic organisms respire, the carbon dioxide released from them in turn reacts with water to form bicarbonate. Human activity has also made a huge impact in this cycle. As humans continue to use fossil fuels daily, the amount of carbon dioxide in the air increases. Lastly, one must remember that the amount of bicarbonate in the water is in equilibrium with the amount of carbon dioxide in the air in the carbon cycle. 2. Ecological succession is the transition in the species composition of a community following a disturbance in the ecosystem. This process can occur either as primary or secondary succession. In primary succession, the process begins in a virtually lifeless area where soil has not yet formed, such as on a newly formed volcanic island or on the rubble of a retreating glacier. Most of the time, the only life-forms present in the early stages of primary succession consist of autotrophic and heterotrophic prokaryotes. Mosses, which come from windblown spores, soon follow and are the area’s first macroscopic photosynthesizers to colonize the surroundings. Once these mosses establish themselves, soil starts to gradually develop as rocks weather and organic matter accumulates from decomposed remains of early colonizers. Now that soil is present, the mosses will soon find themselves overgrown by grasses, shrubs, and trees that are either blown in by wind or carried in by other animals. Eventually, an area is colonized by plants that become the community’s prevalent form of vegetation. The other type of ecological succession is called secondary succession. Unlike primary succession, secondary succession occurs when an existing community is cleared due to some significant disturbance that leaves soil intact. In some cases, the disturbed area is able to return back to its original state. An example of this could take place in a forested area cleared for farming and later abandoned. In this case, the earliest plants to start colonization are often herbaceous species that grow from windblown or animal-borne seeds. In the case that the area has not been burned or heavily grazed, woody shrubs may in time replace most of the herbaceous species, which would soon be followed by forest trees. While both kinds of ecological successions have their own unique characteristics and steps, there are some factors both have in common. Both kinds of succession feature factors that can be arranged in a pyramid of biomass. In primary and secondary succession, there we large masses of plants present that could support a medium mass of herbivores and a small mass of carnivores. Also note that in both types of successions, the amount of energy incorporated into the next trophic level from the previous only included a relatively small amount of energy, which accounts for 10%. . Competitive Exclusion (Gause’s Principle): Competitive exclusion is the concept that when populations of two similar species compete for the same limited resources, one population will use the resources more efficiently and have a reproductive advantage that will eventually lead to the elimination of the other population. This concept was first observed by Russian ecologist G. F. Gause, whom the concept was named after. In his observation, he studied the behavior of paramecium aurelia and paramecium caudatum. During the duration of the experiment, in which both were under stable condition and received an equal amount of food each day, each population grew rapidly and the leveled off at what was apparently the carrying capacity. Once put together, however, the paramecium caudatum became extinct. From this, Gause inferred that the paramecium aurelia held a competitive advantage in obtaining food and concluded that both cannot coexist in the same environment. Ecological Succession: Ecological succession is the transition in the species composition of a community following a disturbance in the ecosystem. An example of this can be observed over time on a newly formed volcanic island by primary succession. The first forms of life are initially autotrophic and heterotrophic prokaryotes. They are then followed by mosses grown from windblown spores. Soil starts to develop gradually as rocks weather and organic matter accumulates from the decomposed remains of the early colonizers. Now that the soil is present on the island, the mosses are now overgrown by grasses, shrubs, and tress that sprout from seeds blown in from nearby areas or carried in by animals. Eventually, the area is colonized by plants that become the prevalent form of vegetation in the community. Such a process may take hundreds or thousands of years to develop. Nutrient (Biogeochemical) Cycles: Biogeochemical cycles are the circulation pathways of elements (carbon, oxygen, hydrogen, nitrogen, or mineral elements) through the biotic and abiotic components of an ecosystem. One often mentioned biogeochemical cycle in biology is the carbon cycle. This cycle demonstrates how terrestrial and aquatic organisms exchange carbon dioxide with the atmosphere. Photosynthesis removes carbon dioxide from the atmosphere, while respiration and combustion add it. When neither photosynthesis or respiration is taking place, the carbon dioxide from the air combines with water to produce bicarbonate, a source for aquatic producers like algae. When aquatic organisms respire, the carbon dioxide released combines with water to form bicarbonate. As mentioned earlier, it should be noted that during this cycle, the amount of bicarbonate is almost always in equilibrium with the amount of carbon dioxide in the air.

Commercial Food Operation Essay Sample

Commercial Food Operation Essay SampleThe essay sample provided in the Commercial Food Operation book can help you with your essay topic. Here, you will learn how to choose the right topic, how to prepare a perfect essay topic, and how to submit an essay. This book will help you focus on what you need and then write a topic that is so general that it would fit into any type of food operation.When you read the sample essay topics and see that they are done with examples, it will show you the different approaches to write about different types of foods. You will also learn which topic ideas will be able to take you down the right path and will give you the opportunities to make connections with other ideas you have.Writing an essay about food operation will help you identify the different types of foods. You will also learn how to compare and contrast different types of foods and how to relate them to each other. This will make the essay very informative and interesting. You will also be able to relate the food products to the environment, finances, and other factors you want to talk about.The focus in commercial food operation will also allow you to compare different products, and you will be able to compare each one to the others. So, if you were to write an essay about the difference between a grape juice and another kind of juice, you would need to research that for details.It will also be important to highlight how the foods in the food operation are affected by the climate of the area. When you want to relate a particular type of food to another, it will help to examine how climates can affect that product. It can also be helpful to research the environmental effects of the products that you will be writing about.The essays will help you by showing you how to use graphs and charts to provide more information. The essays will also help you to create graphs of a certain type and show how to relate that information to other points that you have written about. When you have a copy of the book in front of you, you will be able to see how the writers used charts and graphs to show the information they wanted to write about.When you are done writing the essay, you will learn how to look for flaws and find ways to fix the errors that have been made. The essay sample is a good way to identify the areas that need improvement. You will also be able to connect the flaws to other flaws and see how to improve them in your own writing.The Commercial Food Operation essay sample can help you get through this tough time of needing help when it comes to writing a paper. The essay will help you determine the different topics you should look at and help you develop a whole essay using different parts of the essay sample.

Electing Sharon Essays - Prime Ministers Of Israel, Israeli Jews

Electing Sharon If Sharon is elected, Oslo is out of the window But even an agreement of such limited ambition may prove outdated within weeks. Ariel Sharon, the man most likely to be voted Israel's prime minister in the February elections, has made clear he'll pull the plug on the attempted thaw. Polls show that the Likud leader is set to trounce Prime Minister Ehud Barak when Israel votes, and Sharon has already signaled that if he wins, any deals reached between Barak and Arafat aren't worth the paper they're written on. Sharon declared Wednesday that the Oslo Accord is an agreement that no longer exists. Even though he'd opposed Oslo, the last Likud prime minister, Benjamin Netanyahu, had agreed to abide by Israel's undertakings in line with the accord (although in practice his strategy was simply to freeze the process). Sharon is vowing to go a lot further, trashing the framework within which the current agreements have been reached. Although he also spoke of how peace would require painful sacrifices, he explained that by this he meant that Israel was not going to recapture towns, such as Nablus and Jericho, already handed over to the Palestinians. But he has no intention of allowing Palestinian control over an inch of Jerusalem, or of closing down Israeli settlements in the West Bank. Israeli observers believe that there's still a chance Sharon can be beaten at the polls, but not by Barak. The prime minister would have to stand aside ? or be withdrawn as his party's nominee ? to allow former prime minister Shimon Peres to stand in his place. Opinion polls show that whereas Sharon would trounce Barak, a Peres-Sharon contest would be a tight race. But if Sharon takes the reins after February 6, the document being finessed by Dennis Ross may become no more than the last will and testament of a dead peace process. Bibliography cnn.com Religion Essays

Dostoevsky Crime and Punishment Quotations

Dostoevsky 'Crime and Punishment' Quotations Crime and Punishment is a novel by one of the greatest Russian authors, Fyodor Dostoevsky. The novel was published in installments during 1866. Rodion Romanovich Raskolnikov, a poor ex-student in St. Petersburg, who is the main protagonist. Here are a few quotes from the novel. Notable Quotes All is in a mans hands and he lets it all slip from cowardice, thats an axiom. It would be interesting to know what it is men are most afraid of. Taking a new step, uttering a new word is what they fear most.- Fyodor Dostoevsky, Crime and Punishment, Part 1, Chapter 1Why am I going there now? Am I capable of that? Is that serious? It is not serious at all. Its simply a fantasy to amuse myself; a plaything! Yes, maybe it is a plaything.- Fyodor Dostoevsky, Crime and Punishment, Part 1, Ch. 1Why am I to be pitied, you say? Yes! Theres nothing to pity me for! I ought to be crucified, crucified on a cross, not pitied! Crucify me, oh judge, crucify me but pity me?- Fyodor Dostoevsky, Crime and Punishment, Part 1, Ch. 2What if man is not really a scoundrel, man in general, I mean, the whole race of mankind - then all the rest is prejudice, simply artificial terrors and there are no barriers and its all as it should be.- Fyodor Dostoevsky, Crime and Punishment,Part 1, Ch. 2He ran beside the mare, ran in front of her, saw her being whipped across the eyes, right in the eyes! He was crying, he felt choking, his tears were streaming. One of the men gave him a cut with the whip across the face, he did not feel it. Wringing his hands and screaming, he rushed up to the grey-headed old man with the grey beard, who was shaking his head in disapproval. One woman seized him by the hand and would have taken him away, but he tore himself from her and ran back to the mare. She was almost at the last gasp, but began kicking once more.- Fyodor Dostoevsky, Crime and Punishment, Part 1, Ch. 5 Good God! ... can it be, can it be, that I shall really take an axe, that I shall strike her on the head, split her skull open...that I shall tread in the sticky warm blood, blood...with the axe...Good God, can it be?- Fyodor Dostoevsky, Crime and Punishment, Part 1, Ch. 5He suddenly heard steps in the room where the old woman lay. He stopped short and was still as death. But all was quiet, so it must have been his fancy. All at once he heard distinctly a faint cry, as though some one had uttered a low broken moan. Then again dead silence for a minute or two. He sat squatting on his heels by the box and waited, holding his breath. Suddenly he jumped up, seized the axe and ran out of the bedroom.- Fyodor Dostoevsky, Crime and Punishment, Part 1, Ch. 7Where is it Ive read that someone condemned to death says or thinks, an hour before his death, that if he had to live on some high rock, on such a narrow ledge that hed only room to stand, and the ocean, everlasting darkness, everlasting solitude, everlasting tempest around him, if he had to remain standing on a square yard of space all his life, a thousand years, eternity, it were better to live so than to die at once! Only to live, to live and live! Life, whatever it may be!...How true it is! Good God, how true! Man is a vile creature!...And vile is he who calls him vile for that- Fyodor Dostoevsky, Crime and Punishment, Part 2, Ch. 6 Life is real! Havent I lived just now? My life has not yet died with that old woman! The Kingdom of Heaven to her-and now enough, madam, leave me in peace! Now for the reign of reason and light...and of will, and of strength...and now we will see! We will try our strength.- Fyodor Dostoevsky, Crime and Punishment, Part 2, Ch. 7I like them to talk nonsense. Thats mans one privilege over all creation. Through error you come to the truth! I am a man because I err! You never reach any truth without making fourteen mistakes and very likely a hundred and fourteen.- Fyodor Dostoevsky, Crime and Punishment, Part 3, Ch. 1But what can I tell you? I have known Rodion for a year and a half; he is moody, melancholy, proud, and haughty; recently (and perhaps for much longer than I know) he has been morbidly depressed and over-anxious about his health. He is kind and generous. He doesnt like to display his feelings, and would rather seem heartless than talk about them. Sometimes, however, he is not hypochondriacal at all, but simply inhumanly cold and unfeeling. Really, it is as if he had two separate personalities, each dominating him alternately.- Fyodor Dostoevsky, Crime and Punishment, Part 3, Ch. 2 Actions are sometimes performed in a masterly and most cunning way, while the direction of the actions is deranged and dependent on various morbid impressions - its like a dream.- Fyodor Dostoevsky, Crime and Punishment, Part 3, Ch. 3It began with the socialist doctrine. You know their doctrine; crime is a protest against the abnormality of the social organisation and nothing more, and nothing more; no other causes admitted!- Fyodor Dostoevsky, Crime and Punishment, Part 3, Ch. 5If he has a conscience he will suffer for his mistake. That will be punishment - as well as the prison.- Fyodor Dostoevsky, Crime and Punishment, Part 3, Ch. 5It was dark in the corridor, they were standing near the lamp. For a minute they were looking at one another in silence. Razumikhin remembered that minute all his life. Raskolnikov’s burning and intent eyes grew more penetrating every moment, piercing into his soul, into his consciousness. Suddenly Razumihin started. Something strange, as it were passed between them... Some idea, some hint as it were, slipped, something awful, hideous, and suddenly understood on both sides... Razumihin turned pale.- Fyodor Dostoevsky,  Crime and Punishment, Part 4, Ch. 3 I did not bow down to you, I bowed down to all the suffering of humanity.- Fyodor Dostoevsky,  Crime and Punishment, Part 4, Ch. 4Power is given only to him who dates to stoop and take it... one must have the courage to dare.- Fyodor Dostoevsky,  Crime and Punishment, Part 5, Ch. 4I wanted to murder, for my own satisfaction ... At that moment I did not care a damn whether I would spend the rest of my life like a spider catching them all in my web and sucking the living juices out of them.- Fyodor Dostoevsky,  Crime and Punishment, Part 5, Ch. 4Go at once, this very minute, stand at the cross-roads, bow down, first kiss the earth which you have defiled, and then bow down to all the world and say to all men aloud, I am a murderer! Then God will send you life again. Will you go, will you go?- Fyodor Dostoevsky,  Crime and Punishment, Part 5, Ch. 4You ought to thank God, perhaps. How do you know? Perhaps God is saving you for something. But keep a good heart and have less fear! A re you afraid of the great expiation before you? No, it would be shameful to be afraid of it. Since you have taken such a step, you must harden your heart. There is justice in it. You must fulfill the demands of justice. I know that you don’t believe it, but indeed, life will bring you through. You will live it down in time. What you need now is fresh air, fresh air, fresh air!- Fyodor Dostoevsky,  Crime and Punishment, Part 6, Ch. 2 Nothing in this world is harder than speaking the truth, nothing easier than flattery.- Fyodor Dostoevsky,  Crime and Punishment, Part 6, Ch. 4Crime? What crime? ... That I killed a vile noxious insect, an old pawnbroker woman, of use to no one! ... Killing her was atonement for forty sins. She was sucking the life out of poor people. Was that a crime?- Fyodor Dostoevsky,  Crime and Punishment, Part 6, Ch. 7If I had succeeded I should have been crowned with glory, but now Im trapped.- Fyodor Dostoevsky,  Crime and Punishment, Part 6, Ch. 7It was I killed the old pawnbroker woman and her sister Lizaveta with an axe and robbed them.- Fyodor Dostoevsky,  Crime and Punishment, Part 6, Ch. 8Youre a gentleman... You shouldnt hack about with an axe; thats not a gentlemans work.- Fyodor Dostoevsky,  Crime and Punishment, Epilogue 2Some new sorts of microbes were attacking the bodies of men, but these microbes were endowed with intelligence and will ... Men attacked by them became a t once mad and furious.- Fyodor Dostoevsky,  Crime and Punishment, Epilogue 2 How it happened he did not know. But all at once something seemed to seize him and fling him at her feet. He wept and threw his arms round her knees. For the first instant she was terribly frightened and she turned pale. She jumped up and looked at him trembling. But at the same moment she understood, and a light of infinite happiness came into her eyes. She knew and had no doubt that he loved her beyond everything and that at last the moment had come.- Fyodor Dostoevsky,  Crime and Punishment, Epilogue 2They wanted to speak, but could not; tears stood in their eyes. They were both pale and thin; but those sick pale faces were bright with the dawn of a new future, of a full resurrection into a new life. They were renewed by love; the heart of each held infinite sources of life for the heart of the other.- Fyodor Dostoevsky,  Crime and Punishment, Epilogue 2Seven years, only seven years! At the beginning of their happiness at some moments they were both ready to look on those seve n years as though they were seven days. He did not know that the new life would not be given him for nothing, that he would have to pay dearly for it, that it would cost him great striving, great suffering.- Fyodor Dostoevsky,  Crime and Punishment, Epilogue 2 But that is the beginning of a new story – the story of the gradual renewal of a man, the story of his gradual regeneration, of his passing from one world into another, of his initiation into a new unknown life. That might be the subject of a new story, but our present story is ended.- Fyodor Dostoevsky,  Crime and Punishment, Epilogue 2

United States Presidential Election Essay Example | Topics and Well Written Essays - 1000 words

United States Presidential Election - Essay Example Still, there is only one of these candidates that has the credibility, honesty, and vision necessary to lead our country through these difficult times. Barak Obama can help heal this nation's legacy of discrimination, speak credibly about a peaceful future for out great grandchildren, and lead our country with the vision needed to assure a peaceful and prosperous future for all Americans. The election of Barak Obama to the office of the presidency could help to begin to erase the centuries of oppression and discrimination felt by African Americans left behind by the legacy of slavery. African Americans have been denied education, employment, and opportunities in America for over 300 years. Electing Barak Obama would show that America is finally ready to put aside race and begin to heal our nation's deepest wounds. There is significant evidence that the country still has racist attitudes. The Democratic primary has had race as a central issue as we see overwhelming numbers of blacks supporting Obama, while Clinton's supporters are a majority white. White voters fear the possibility of a black candidate taking the White House. Yet, these fears are unfounded. The election of Obama will not ignite a race war or cause centuries of resentment to boil over into recriminations against the white power structure based on race. Instead, it will give African Americans the show of respect and dignity that we value as a people and profess as a nation. Barak Obama should be elected president because he is the only candidate that has the credibility to guide our country into a peaceful future. While the other candidates speak of their desire for peace, Obama is the only one that has based his decisions, actions, and rhetoric on the philosophy of peace. John McCain openly supports the War in Iraq and has been an outspoken proponent of an escalation in troop levels in Iraq. Clinton, while she calls for an immediate withdrawal, voted for the war and has done little as a US Senator to lessen the prospects of continued involvement or hasten the possibility of peace. Our foreign policy is contingent on having other countries trust that our words and intentions will measure up to our actions. Without trust, other nations would only tentatively support our efforts and would remain cautious when we spoke of a desire for peace. However, Obama's initial, and consistent, stand against the military action in Iraq can be depended on to be genuine . The confidence that other nations place in our true intentions could bring them into the philosophy of peace and insure greater cooperation with our efforts to create a free and peaceful planet. The social structure of America is in such a state of chaos that it will require a president that has a solid vision for the country's future to be able to be an effective leader. America is polarized on several hot button issues such as abortion. Obama has the ability to reflect America's respect to the right of privacy, while assuring the rights of the minority are protected. His pro-choice stance reflects the ideology of a majority of Americans. America also has the social ills of poverty and inadequate health care that divide our nation. It will take more than billions of dollars and massive federal programs to solve our nation's problems. It will take a leader that can defuse the polarization on the emotionally charged issues, such as abortion, and bring about a sense of unity to the country. America needs a leader that has a focused vision of what our

Summary of (How and Why) Athletes go Broke Essay

Summary of (How and Why) Athletes go Broke - Essay Example Ismail Rocket admits that he has lost millions of dollars out of total ignorance. Athletes tend to invest in highest-caliber private deals no more than 1 in 30 of which every works out as advertised. Conservative spending seems like a boring idea to the athletes. Instead, they prefer investing money in inventions, nightclubs, and other innovative ideas with a thrill of tangibility. The inflatable raft invention that Hunter invested $70,000 about five years ago was one such trap. The investment partner asked Hunter to invest up to $500,000 more. Upon Hunter’s refusal, the investment partner vanished along with the original money. Much money is lost when athletes attempt to sell their possessions at a much lower than justified price in urgency to make up for other losses they are incurring. An example is provided by Muhammad who after having his music company sued offers his 8,200 sq. foot lakeside estate with unique features for a price that is $800,000 lesser than his original demand. Athletes get into sports at such an early age that they miss out on colleges and are not formerly equipped with the knowledge of finance and accounting. Neither have they much sense nor much time to get into the intricate details of their financial matters. Saving and growing money requires very critical decisions that cannot be made without careful assessment of the pros and cons of each option. Lack of awareness about the industry standards robs athletes. Athletes give their financial matters in the hands of novice and often unfaithful friends and family members in their attempt to assist their friends and family members financially. They are careless and irresponsible in distribution of authority to others regarding their own financial matters. In 2001, Strickland asked his dad who was a retired lieutenant colonel in the Air Force to look over a real-estate deal in Georgia that was on sale for $1.8 million but whose price had been appraised by $3 million. His father clea rly wasn’t capable of making the right decision and consequently, Strickland had to far overpay for the piece of land than what it was worth. Most players don’t know how well they are doing because their financial matters are entirely in the hands of others. Many of the people they trust are actually frauds. Kirk Wright, the fund manager of Atlanta hedge was convicted on 47 fraud and money laundering counts and he had more than eight NFL players in his client list. Overpaying is common among athletes. A former major Dominian Republic leaguer who got his financial matters taken care of by an adviser he had trusted for 18 years paid $5,000 on two cars’ insurance monthly while Hunter could get away with paying only $250 a month for three cars. Divorce is the worst thing that can happen to an athlete financially. Pro athletes have a high divorce rate. Half of their net worth is routinely lost in divorce proceedings. The fact that most divorces happen in retirement a fter termination of the peak earnings period complicates the matters further. Athletes have a much lower prenups percentage compared to nonathletes that are at the same economic level. Calling off nuptials cost Dikembe Mutombo $250,000 when just a day before marriage, Michelle Roberts refused to sign a premarital contract. Children and aversion to family planning are additional family related causes. Athletes are