Questions and Answers on Leases - Free Essay Example

Sample details Pages: 6 Words: 1770 Downloads: 8 Date added: 2017/06/26 Category Law Essay Type Essay any type Did you like this example? LEASES 1 Question Number One: Whether it is Possible to Terminate a Lease through unforeseen circumstances. Frustration under the English law is a doctrine responsible for setting aside the contracts in which unforeseen events have the capability of rendering contractual obligations difficult to implement, or it has the capability of radically making a change to the principal purpose of entering into a contract by the parties involved. On a historical note, it was impossible to set aside the provisions of a contract, after its formation. Don’t waste time! Our writers will create an original "Questions and Answers on Leases" essay for you Create order However, in 1863, in the case of Taylor vs. Caldwell, the court was able to establish this doctrine of frustration[1]. This was a landmark case, whereby the courts held that an individual is not held liable for the performance of a contract, which is made impossible because of unforeseen events, which are not under the control of the contracting parties. However, the question to ask is whether it is possible to implement this doctrine on contracts that involve leases and tenancy. In 1943, in a case involving Cricklewood property vs. Leighton, the courts was of the opinion that it is nearly impossible to end any lease agreements through the doctrine of frustration. Under this case, there were war time regulations which were enacted, and their main purpose was to prohibit people from erecting building in areas that already had permit to build, or building leases. These areas required the lessees to build shops. The regulations were enacted because of the world war, which was viewed as unforeseen event[2]. However, the court determined that despite the existence of the war, it is impossible to terminate a lease, based on the doctrine of frustration. However, this decision by the court was challenged, and repelled in a landmark case between National Carriers vs. Panalpina ltd, in the year 1981. The house of Lards was able to agree that this doctrine of frustration can be applied in the termination of leases. The court unanimously denoted that the principle of frustration is applicable in circumstances, which some supervening events or activities occur, and it is impossible or difficult to perform the contract, or thee events under consideration have radically altered the contract, as it had been contemplated when the parties to the contract managed to enter it. This means that the events under consideration have managed to alter the contract, in a manner that it will be disadvantageous to another party, in case the contract under consideration is fulfilled. I n the court decision of Taylor vs. Caldwell, the courts believed that such kind of factors, qualify in rendering a contract inadmissible[3]. Under this case, National Carriers entered into a 10 year lease agreement, to use a warehouse. The lease was able to allow only the building to be in use for the warehouse. The local authority, on the other hand, was able to close the only road that led to the ware house. This is for a period of 20 months. This meant that the use of the warehouse was not beneficial to the tenants, for the 20 months that it was closed. The National Carriers sought to invoke the doctrine of frustration, for purposes of terminating the lease agreement[4]. The National Carriers argued that the closure of the road, by the local authority was unforeseen event, and it had an impact on the manner in which they could use the building. This is because it significantly altered the main purposes of entering into the lease agreement under consideration. This is a decisio n supported by Lord Simon, in the Panalpina case where he asserted that the duration of time taken for closing the road significantly altered the contractual obligations of the parties involved. This is in regard to what they had contemplated during the time of executing the contract[5]. Based on this fact, it would be unjust to hold the natural carriers liable to the execution of the contract, and hence the lease contract could be dismissed through the notion of frustration. Furthermore, while considering whether the lease can be frustrated by a supervening event, there is a need of looking at the time period of the interruption. In this case, the time was about 20 months, which is a significant period of time that had the capability of altering the intention of a lessee in acquiring the building. In coming up with their decision, the House of Lords denoted that there are two major factors that make it possible to for frustration to qualify as grounds of breaking a lease contrac t. These factors are, If the events or activities under consideration might make it impossible for the parties to the contract to fulfill their obligations. However, the events or activities under question should be unforeseen. If they occur, then it is possible to cancel the lease, on the grounds of frustration. Another factor to put into consideration is on determining whether the supervening events will pass all the risks to one party only. However, the House of Lords passed a resolution that there was no general principle that could guide the court in determining on whether to decide if the lease contract presents a risk to only one party of a contract. The only dissent in this case came from Lord Russell, who argued that land is a substance that is not destructible, and based on this fact, the doctrine of frustration cannot apply to leases. This is the view that the judges had in the case of Cricklewood (1943) who argued that it is not possible to subject contracts touching on the leases of land and buildings on the doctrine of frustration. Furthermore, Lord Russell, argues that every risks associated with the lease, are passed on to the tenant, in circumstances where the lease has been entered to[6]. Lord Russell was therefore dissenting the fact that, for a lease contract to qualify under the doctrine of frustration, there is no need of the lease to pass the liability test. However, his views were ruled out by majority votes, making it possible for a lease contract to be rendered useless through the doctrine of frustration. Question Number Two: Tenant Liability in Leases. It is important to explain that a frustrating even t and activity, even if it is not sufficient to discharge a lease, may operate in a manner that it may suspend the provisions of a covenant in the lease. This would therefore excuse the non-performance of the obligation under consideration. This situation is best depicted in the case of Libyan Foreign Bank versus the Bankers Trust Company. This was a complicated case that involved three countries, United States, Libya and United Kingdom. The Libyan Foreign Bank wanted to withdraw some money from the Bankers Trust, but because of the sanctions issued by President Reagan, the Bankers Trust refused to pay the money[7]. However, the Bankers Trust was unable to pay the money, because it required the permission of its subsidiary in United States to issue the payment. However, the courts ruled that the Bankers Trust had an obligation of paying the money, and this is because of the manner which the money was paid, and the money under consideration did not belong to the Bankers Trust. How ever, there was a dilemma, because the Bankers Trust could not pay the lease, without the approval of its subsidiary in United States[8]. On the other hand, its subsidiary could not grant the permission, because Libya was under sanctions from President Reagan. This therefore means that it was temporally illegal, to pay the money. It is important to explain that under this case, the courts were trying to denote that a tenant can refuse to pay rent, when the covenant or lease under consideration becomes temporally illegal. This means that as long as the covenant or lease under consideration is illegal, then the tenant does not have an obligation to pay. The 1981 case of Panalpina vs. National Carriers is a significant authority that explains circumstances whereby a client or a lease is not liable to the payment of rent. This is in circumstances whereby a supervening event that is not under the control of the lessee appears. This is another case that identifies instances whereby the lessee can fail to pay rent. This means that any event, that has the capability of causing a significant variation in the building that a lessee uses, can limit his or her ability to pay rent to the tenant. In this case, the supervening event was the closure of the roads by the local council making it inaccessible for 20 months[9]. These conditions greatly altered the nature of the building, and hence the client could not pay rent, and this is because the building under consideration was not in the same condition, as the tenant expected. Furthermore, it was a warehouse, and this means that it was a commercial property, whose alteration and variation made the company to experience a variety of losses. In the case of John Lewis versus Viscount Chelsea, the courts held that it is possible for the parties of a contract to dishonor the elements of a contract, if they are able to provide any lawful or legal excuse[10]. Bibliography: Barr, Warren. Frustration of Leases, The Hazards of Contractualisation. Northern Ireland Quartely 52.1 (2001): 82-97. Print. Top of Form Bottom of Form Bright, Susan. Landlord and Tenant Law in Context. London: Hart, 2007. Print. Top of Form Bottom of Form Davey, Martin. Landlord and Tenant Law. London: Sweet and Maxwell, 1998. Print. Top of Form Bottom of Form Dowding, Nicholas, Martin Rodger, and Edward Peter. Woodfall: Landlord and Tenants. London: Looseleaf, 2014. Top of Form Bottom of Form Gray, Susan, and Francis Gray. Elements of Land Law. Vol. 6. Oxford: Oxford UP, 2011. Top of Form Bottom of Form Leases. Rev. 1997. ed. London: International Accounting Standards Committee, 1997. Top of Form Bottom of Form Luxton, Peter, and Margaret Wilkie. Commercial Leases (Law and Practice). London: XPL, 1998. Top of Form Bottom of Form Mcfarlane, Ben, Nicholas Hopkin, and Sarah Nield. McFarlane, Hopkins Nield Land Law: Text, Cases and Materials. Oxford: Oxford UP, 2012. Top of Form Bottom of Form Pawlowski, Mark. The Forfeiture of Leases. London: Sweet and Maxwell, 1993. Top of Form Bottom of Form Sparkes, Peter. A New Landlord and Tenant. London: Charles Hartford, 2001. [1] Warren, Frustration of Leases, The Hazards of Contractualisation, 93 [2] Gray Gray, Elements of Land Law, 521. [3] Nicholas, Rodger and Peter, Woodfall: Landlord and Tenants, 33 [4] Peter, and Wilkie, Commercial Leases (Law and Practice, 41 [5] Susan. Landlord and Tenant Law in Context, 33 [6] Martin. Landlord and Tenant Law, 29 [7] Leases. Rev. 1997. ed. London: International Accounting Standards Committee, 41 [8] Ben, Hopkin, and Nield. McFarlane, Hopkins Nield Land Law: Text, Cases and Materials, 39 [9] Mark. The Forfeiture of Leases, 42 [10] Peter. A New Landlord and Tenant, 51

Nutrition - 751 Words

Micronutrient and Fast Food Presentation * Recorded micronutrient intake How does your recorded micronutrient intake compare with the recommendations of the dietary reference intake (DRI)? My intake of micronutrients in the last three days does not correlate with the recommendations of the DRI. There aren’t enough vitamins in my diet and too much sodium intake. * Which foods in your recorded daily intake provide specific micronutrients (specific vitamins and minerals)? Discuss the function of these micronutrients. In day one the peanut butter and jelly sandwich I consumed provided me with vitamins E,K and B12. The sandwich also provided me with the following minerals: Sodium, Calcium, Potassium, Magnesium, Iron, Zinc,†¦show more content†¦Fast foods are high in calories. Many people consume many calories and do not burn enough to maintain their weight or lose it. A fast food diet contributes to obesity because of the foods that are high in fats. Malnutrition can occur while eating fast food because some of the foods do not contain enough or any nutrients for the body. What three facts do you find particularly interesting about the excess or lack of micronutrients in a fast-food diet? What is the role of water in promoting health? Drinking water is essential for good health. The body is made of up a great percent of water. Water helps flush toxins and other compounds such as salt. Water helps regulate body temperature. What is the long-term outlook for individuals on a fast-food diet in terms of longevity and quality of life? Why are micronutrients necessary for longevity and quality ofShow MoreRelatedNutrition And Pregnancy : Nutrition1501 Words   |  7 Pages Chapter - 5 Maternal Nutrition in Pregnancy Nutrition and pregnancy refers to the nutrient intake, and dietary planning that is undertaken before, during and after pregnancy. 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Individualism free essay sample

Perhaps the tendency toward individualism has never been more manifest than it is now. Apparently, people are significantly overwhelmed by self-oriented and snobbish life style. This fact has posted a contentious issue associated to whether humans need to revive moral and traditional values. Personally, I am of the opinion that reshaping the bygone concept of family and community is of paramount importance based on the undermentioned justifications. In modern society, the rise of egoism has triggered a myriad of detrimental impacts on the family solidarity. That only one member of a family is individualistic is likely to provoke the breakdown of the family unity. An old saying teaches us: â€Å"Blood is thicker than water†. Traditionally, family, the crib of each person, brings humans a sense of safety and invariably is deemed where people turn to first if confronted with the ups and downs in their life. People used to live with appreciation of an ethos of sharing and caring, but at present, the story is totally different. We will write a custom essay sample on Individualism or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page They engage in working separately for their personal merits in the absence of human ethics, showing ignorant attitude towards both tangible and emotional support from family. Another drawback of egoism can be noticed in the way people behave in community. So hoggish are some people that they desire to enrich themselves thanks to unlawful activities. The fact shows that regardless of human safefy, many businesspeople are willing to producing disqualified products and cajoling people into buying what they do not actually need. More importantly, they refuse to plough back any fraction of handsome incomes to the community well being. In the society, relationship among people is prone to become superficial, transient and ad hoc. It comes as no surprise when people remain onlookers and express indifferent attitude when asked for assistance by neighbors. In the light of the above-discussed arguments, one can subscribe to a notion that social solidarity has been dismantled in front of overwhelming egoism. Greedy and self-centered character of one individual may lead to grave problems. It is highly recommended that the whole society and each family should never give up on the current society, striving to reconstruct and reshape the codes of ethics as well as concepts of human values. Hence, our world will regain its truly enduring values.

Marketing Simulation Essay Example

Marketing Simulation Essay Orange experienced a very successful campaign and grew more profitable over the six quarters throughtout the Market Simulation. In terms of market share in comparison to the competition, we placed fourth holding 12 percent market share. We initially targeted the Mercedes market, and later developed products aimed at the Traveler and Workhorse clientele. In terms of profitability, we suffered a loss moving from Quarter 1 to Quarter 2, which is typical of most early-stage companies. However, each quarter thereafter we were able to maintain a profit, ending with $18,270,122 gross profit and $15,232,910 operating profit. Our six computer models are the driving factor behind such success. These models include The Motherboard, Babyboard 2. 0, Horseboard, Superboard, Toddlerboard, and The Ponyboard. The Superboard, out of all the models, was our most profitable device with $6,303,840 in profit. We also embarked on a major expansion endeavor, spreading our brand originally from Chicago to Paris, Shanghai, and Sao Paulo. Our knowledgeable sales force comprised of 60 individuals, coupled with our extensive advertising and competitive pricing allowed Orange to rise to the top. By the end of the Marketplace Simulation, Orange was in first place for cumulative total performance, accounting for a variety of business disciplines that contributed to our success. While we placed third in the simulation in terms of overall financial performance, we placed first overall for market performance and marketing effectiveness. Brand Design: Over the course of the six quarters, we made varying adjustments to our brands in order to keep up with the ever-changing competitive markets. We will write a custom essay sample on Marketing Simulation specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Marketing Simulation specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Marketing Simulation specifically for you FOR ONLY $16.38 $13.9/page Hire Writer In Quarter 2, we decided to enter the Mercedes market with The Motherboard computer. Specifically, this brand was designed to be the top of the line product that suited all the most important needs of Mercedes. Some of these needs included a fast and powerful processor, the ability to link with other computers, and a machine that is capable of multitasking (Fig 1. 1). We figured that starting out in the highest-end market would be beneficial to creating a good name for our company, and then we would be able to trickle down throughout the other brandstarget market segments. Our results from Quarter 2 showed that we were successful with The Motherboard, as we possessed 46 percent of the market share for Mercedes. In Quarter 3, we introduced The Babyboard to the Traveler market segment. We designed our product to match the best-suited brand for Traveler, which was SwifTech’s Quickfly. We were slow to expand from our original two brands, and lost some of our momentum with our Quarter 4 decisions. When we got our results, we realized that we needed to introduce more brands in order to keep up with the highly competitive markets. Quarter 5 marked our first Quarter quarter of rapid expansion. We introduced an additional product lines to Mercedes and Traveler, and created our first unit product for Workhorse. The new product lines for Mercedes and Traveler, The Superboard and The Toddlerboard respectively, were the higher quality versions of the The Motherboard and the The Babyboard. They , which were enhanced with all of the necessities and priced slightly higher than the original lines. Our initial brand for Workhorse was the The Horseboard, and it possessed the most basic features at the lowest price, to appeal to a consumer who was looking for something simple to use. We continued the trend of making two slightly varied products for each market segment in Quarter 6 when we introduced the The Ponyboard to supplement a slightly lower-end product than the The Horseboard. Sales Design Strategy: The sales design strategy of Orange was based primarily on the customer’s (Workhorse, Mercedes and Traveler) needs and wants. This consisted of the top eight preferences in either a laptop or a desktop, and the top six segments of applications. Additionally, each of the target market’s priceprices willing to pay is are shown in (Fig 1. 2). Initially, Orange felt it was most appropriate to choose to target the Mercedes market in Chicago. This allowed for The Motherboard to be produced, which led to 46 percent% domination in only the Mercedes market. Unfortunately overall Orange only had a 12 percent% overall market share, and felt it was necessary to expand into the portable laptop industry of Traveler with The Babyboard 2. 0, and opened a plant in Paris. By Quarter 3, the market size had reached 10,000 customers, which allowed for expansion in the cities of Shanghai and Sao Paulo, and the last target market of Workhorse. The generous rebates were attractive to the target audience, and allowed for the introduction of The Horseboard, The Superboard, and The Toddlerboard. By Quarter 6, a total of 60 sales people had been employed, and due to the overall low prices of the products, as well as the rebates, Orange gained a 2 percent% market share. Financial Performance: Throughout these first phases of our company, Orange has created a positive financial pattern. While we implemented an aggressive growth strategy and expanded our empire internationally, we kept our costs to a minimum. Naturally, we started Quarter 2 with a deficit due to startup costs. Unlike most companies, our costs were controlled however, and we were only behind by just over $12,000. As advertising has always been a core competency of our company, we spent a total of $109,471 developing and promoting our first batch of advertising. The leasing costs and office spaces were kept to a minimum in the first two quarters as well, since we were only operating out of one location. As we moved into the Quarter 3, we expanded internationally and our rental costs increased. However, our sales skyrocketed as well. We had begun to turn a profit, and were in the black by $1,155,328. In Quarter 4, we continued the pattern of financial growth, and maintained an increase in sales. Again, we were fiscally conservative and attempted to keep costs to a minimum (Fig. 1. 3). An important component of Orange’s financial history is the profitability of each brand we sell (Fig 1. 4). Our first line, The Motherboard, dedicated to the top-tier consumer, introduced us to the marketplace. We turned a profit of $922,344 throughout all six quarters. This is a modest percentage of our empire, yet it accounts for the beginnings of our financial gain. Our most profitable brand, The Superboard, generated $6,303,840. We invested a lot of time and capital in the creation of this line, and it paid off. The ToddlerbBoard, HorsebBoard, and PonybBoard were all profitable as well, with over one million made from each. Financially, only one of our lines performed less well than we had hoped. Our second line, The Babyboard 2. 0 only generated $452,198. Unfortunately, we were unable to sell a high number of these units, and the cost of goods sold was very high in comparison. In the end, each of our brands was able to generate profits. Our conservative fiscal policy allowed enough room for growth without spending more than we could handle. Finally, our revenues continued in a positive direction throughout every quarter, and we are confident the future will play out in the same way (Fig 1. 5). Competition: In the computer market, competition is very fierce. Thus, our company had to constantly position itself to be able to compete with the other companies in the market. To this end, we opened our first sales office in Chicago, hoping that our knowledge of the American marketplace would aid us in capturing a large initial market share. This plan was successful and put us near the top in overall performance in the computer market. From this point, our company decided that in order to continue our success, we needed to examine the competition to find out what we were doing right, what we were doing wrong, and how we could improve. This plan enabled us to better understand what customers wanted without having to invest heavily into producing prototypes, because we were able to utilize other companys products and sales numbers as though they were test products. Our first major interaction with our competition came in Quarter 4our fourth Quarter of operation. We introduced our The Babyboard product for the Traveler segment in our third QuarterQuarter 3 of operation. We made the mistake however, of not considering the Traveler segments desire for the computer to be fun to use. We discovered this issue by examining our competitors products and finding that all competitors that were more successful than us had included games with their product. Despite the increased costs of production and the cost of redesigning our brand, profits for the The Babyboard nearly doubled the next qQuarter (Fig. 1. 6). We also looked to our competition to determine our expansion plans. We realized immediately that with such fierce competition, the first mover advantage would be crucial. Thus, we expanded as quickly as possible by opening sales offices in every possible location. We also handled competition by expanding into every market segment, eventually offering a product for all segments of the market. Our company felt that this strategy would ensure that even if the competition would overtake us in one area, we would be able to survive on the strength of our other products while we figured out how to react. This strategy ultimately served our company well, as we were the top overall performer in the computer market. Conclusion The results of the past six quarters have clearly shown that Orange has met its primary goals and exceeded expectations, becoming one of the most consistent and profitable companies in the industry. By using a conservative fiscal policy as well as an aggressive and competitive expansionary policy, we have seen Orange grow and become a stable company that is definitely worthy of further investment. To put it into a more detailed perspective, the way we dealt with competition, brand management, sales strategy, and our financials, was what brought us to the top and remains the reason we plan on becoming even more profitable in the near future. By starting in the Mercedes market, we were able to establish ourselves early as a company that promotes high-end, top quality products. This made it extremely easy in the future to expand to the other brands such as Traveler and Workhorse, since we were already best known for our superior products, that we have constantly updated to satisfy the ever changing consumer demands. By using this strategy, we were eventually able to generate enough revenue to expand to four different areas of the world, making our brands even better known and reaping most of the first mover advantages. However, this idea alone was not sufficient to achieve the revenues that we experienced over the past few quarters. Additionally, we knew that for our company to be profitable, we needed to get our name out there. This is why our strategy was to hire a large amount of sales people in each country, and invest a large sum of our operating capital in advertisements that would appeal to the wants and needs of specific target markets. Though we have experienced relative success the past six quarters that have propelled us to the top of the industry in overall performance, we are owhere near complacent. With the competition so fierce and the landscape of the technological environment constantly changing, we feel that we are prepared to respond to any competitive and technological pressures that we might have to face in the future. Our company has been the model company in terms of consistency and financial growth and we feel as though our results so far have proven that Orange is a safe in vestment that will provide lucrative returns in the future. Figure 1. 1 Figure 1. 2 Figure 1. 3 Figure 1. 4 Fig 1. 5 Fig 1. 6

Exam Study Guide free essay sample

Hemostasis: know the steps leading to hemostasis, know the difference between the intrinsic and extrinsic pathway of coagulation, know the steps in the common pathway that lead to the conversion of fibrinogen to fibrin Steps: 1. Vascular Spasm: a sudden, brief tightening of the muscle cells inside the walls of a blood vessel. 2. Platelet Plug Formation 3. Coagulation (blood clotting) Intrinsic vs. extrinsic pathways: 1. Extrinsic mechanism: triggered by tissue damage outside of the blood vessel 2. Intrinsic mechanism: triggered by elements that lie within the blood inself Blood Types: ABO: -. Antigens: protein marker on surface of RBC Antibody: protein produced by immune system to destroy or mark for destruction by other cells of foreign objects Transfusions: Packed red blood cells are usually used Donor RBC’s are mixed with the recipient plasma Type O neg is the universal donor Type AB is the universal recipient Rh: understand hemolytic disease of the newborn * Rh- mom has Rh+ baby * Blood mixes at birth, during delivery * Rh Ag from the baby gets into mother’s blood, causing her to make Rh Ab * If mom has 2nd Rh+ child the Rh Ab crosses the placenta, causing HDN Heart Heart anatomy: know the chambers, valves, and great vessels and the order of blood flow through these structures Chambers: 1. We will write a custom essay sample on Exam Study Guide or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Right atrium 2. Right ventricle 3. Left atrium 4. Left ventricle Valves: 1. AV valves: a. Bicuspid (mitral) – Left b. Tricuspid – Right 2. Semilunar valves a. Aortic – Left b. Pulmonic – Right Great Vessels: 1. Inferior amp; Superior vena cava Right Atrium 2. Pulmonary artery lungs 3. Pulmonary veins left atrium 4. Aorta systemic arteries (the body) Steps of blood flow through the heart: 1. Blood enters right atrium from superior and inferior venae cavae 2. Blood in right atrium flows through right AV valve into right ventricle 3. Contraction of right ventricle forces pulmonary valve open 4. Blood flows through pulmonary valve into pulmonary trunk 5. Blood is distributed by right and left pulmonary arteries to the lungs, where it unloads carbon dioxide and loads oxygen 6. Blood returns from lungs via pulmonary veins to left atrium 7. Blood in left atrium flows through left AV valve into left ventricle 8. Contraction of left ventricle forces aortic valve open 9. Blood flows through aortic valve into ascending aorta 0. Blood in aorta is distributed to every organ in the body, where it unloads oxygen and loads carbon dioxide 11. Blood returns to heart via venae cavae Cardiac cycle: know the four phases of the cycle, which valves are open or closed at each part of the cycle 4 phases of the cycle: 1. Ventricular filling (last part of diastole and artrial systole) 2. Isovolumetric contraction (means same volume) 3. Ventricular ejection (systo le continues) 4. Isovolumetric relaxation (beginning of diastole) Systole: contraction of the myocardium Diastole: relaxation of the myocardium Heart failure: know what it is and understand the relationship of pulmonary edema or systemic edema to the failure of either ventricle Right Side 1. Left ventricular output exceeds right ventricular output 2. Pressure backs up 3. Fluid accumulates in systemic tissue ** Right Sided failure causes peripheral edema Left Side 1. Right ventricular output exceeds left ventricular output 2. Pressure backs up 3. Fluid accumulates in pulmonary tissue ** Left Sided failure causes pulmonary edema Blood Vessels Vascular anatomy: know the similarities and differences of the three different types of blood vessels 1. Arteries: always take blood away from the heart (high pressure) 2. Veins: return blood to the heart (low pressure) 3. Capillaries between arteries and veins (very thin walled to allow gas/nutrient exchange) Anastomoses: understand collateral circulation as it relates to intra-arterial or intravenous anastomoses, understand the AV anastomoses (shunts) and portal systems Collateral Circulation – insures blood flow in the event of an obstruction Arterio-Venous anastomosis (shunt)- warm blood is shunted to prevent heat loss Exam Study Guide free essay sample The ‘XYZ ‘ company will is beginning a new project. The project requires an initial Investment in fixed assets of $35,000. The assets will have a salvage value of $5,000 at the end of the 5 year project. The asset will be depreciated, straight line, over that period. The impact of the project will be an increase in revenue of $30,000 and cost of $17,000 each year. The working capital of the company will need to be higher than normal by $1,000 each year of the project. The tax rate is 34 %. What is the operating cash flow? What is the project’s net present value at a 20% discount rate? 2. Your company has 100,000 shares of common stock outstanding with a market price of $30 a share. Last month an annual dividend of $1. 32 per share was paid. The dividend growth rate is 5%. You also have 5,000 bonds outstanding with a face value of $1,000 per bond. The bond carries an 8% coupon rate annual and will mature in 4. We will write a custom essay sample on Exam Study Guide or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 8 years. The bonds are selling at 99% face value. The company tax rate is 32%. What is the weighted average cost of capital? 3. Pick between these two alternatives? A. )a machine costing $52,000 with a life of 4 years, that increases operating cost by $10,000 per year and B. )a machine costing $40,000 with a life of 5 years, that increases operating cost by $9,000. The tax rate is 34%. The depreciation method is straight line. Whichever machine is purchased will be replaced at the end of the useful life. Which one should be purchased and why? The required rate of return is 16%. 5. What is the total contribution margin and per unit of the following? A project that will create 1000 units of a produce. The cost per Year is $15,000 of which a third is variable. Depreciation is $500 per year. There are no taxes and sales will be $30,000. 6. You have 500 share of stock at a price of $63. 45 a share with quarterly dividends of $. 40 per share that have paid out 3 times so far. You sell the stock for $$58. 25. What is your total percentage return on investment? . What is the beta of stock B if: portfolio beta is 1. 1 and the portfolio is made up of 30% U. S. treasuries, 30% stock A and 40% in stock B. Stock A has a risk level equivalent to the overall market. 8. Project has cash flows of $35,400 a year for 4 years. Initial cost of the fixed assets is $82,000 and will be worthless at the end of the project. Additional net working capital of $3,000 will be required over the life of the project. What is the NPV at a required rate of return of 12%.

Free Essays on The Truman Doctrin

The Truman Doctrine The Truman Doctrine was the impetus for the change in United States foreign policy, from isolationist to internationalists; thus we were drawn into two wars of containment and into world affairs. The Truman Doctrine led to a major change in U.S. foreign policy from its inception - aid to Turkey and Greece - to its indirect influence in Korea and Vietnam. The aftermath of World War II inspired the U.S. to issue a proclamation that would stem Communist influence throughout the world. However, our zeal in that achievement sent our soldiers to die in Vietnam and Korea for a seemingly futile cause. It must be the policy of the U.S. to support free peoples. This is no more than a frank recognitions that totalitarian regimes imposed on free peoples . . .undermine the foundations of . . . peace and security of the United States. The Truman Doctrine would change the foreign policy of the United States and the world. This policy would first go in aid to support the democratic regimes in Turkey and Greece. These nations were being threatened by Soviet-supported rebels seeking to topple the government and install a Communist regime. The Soviets were also making extreme territorial demands especially concerning the Dardanelles. A direct influence of this Doctrine was, of course, the Marshall Plan. The Marshall Plan was designed to give aid to any European country damaged during World War II. It tremendously helped ravaged European nations such as Italy and France. By helping them economically, the Marshall Plan indirectly helped to stem growing Communist sentiment in these countries. The process whereby the Truman Doctrine came to fruition was a long and arduous one. After World War II, the Soviet Union and the United States stood at the pinnacle of world power. By the late '40's, the U.S.S.R. had caught up to the United States' nuclear weapons programs. In addition, they were very land-hungr... Free Essays on The Truman Doctrin Free Essays on The Truman Doctrin The Truman Doctrine The Truman Doctrine was the impetus for the change in United States foreign policy, from isolationist to internationalists; thus we were drawn into two wars of containment and into world affairs. The Truman Doctrine led to a major change in U.S. foreign policy from its inception - aid to Turkey and Greece - to its indirect influence in Korea and Vietnam. The aftermath of World War II inspired the U.S. to issue a proclamation that would stem Communist influence throughout the world. However, our zeal in that achievement sent our soldiers to die in Vietnam and Korea for a seemingly futile cause. It must be the policy of the U.S. to support free peoples. This is no more than a frank recognitions that totalitarian regimes imposed on free peoples . . .undermine the foundations of . . . peace and security of the United States. The Truman Doctrine would change the foreign policy of the United States and the world. This policy would first go in aid to support the democratic regimes in Turkey and Greece. These nations were being threatened by Soviet-supported rebels seeking to topple the government and install a Communist regime. The Soviets were also making extreme territorial demands especially concerning the Dardanelles. A direct influence of this Doctrine was, of course, the Marshall Plan. The Marshall Plan was designed to give aid to any European country damaged during World War II. It tremendously helped ravaged European nations such as Italy and France. By helping them economically, the Marshall Plan indirectly helped to stem growing Communist sentiment in these countries. The process whereby the Truman Doctrine came to fruition was a long and arduous one. After World War II, the Soviet Union and the United States stood at the pinnacle of world power. By the late '40's, the U.S.S.R. had caught up to the United States' nuclear weapons programs. In addition, they were very land-hungr...

Leadership Portfolio Assignment Example | Topics and Well Written Essays - 1250 words

Leadership Portfolio - Assignment Example Thank God my prayers were heard and you gave me strength not to give up throughout my journey of having a full-time job and pursuing both my Undergraduate and Master’s degree. The purpose of this portfolio is to provide a comprehensive view of my leadership qualities which I have developed through my academic qualification. I believe that I am a good leader because not only am I a knowledgeable person but also I feel that I have the capability to reflect my knowledge by application of effective management skills. I have strong qualities of delegation, communication, confidence, and commitment. I have a creativity and ability to inspire my colleagues and subordinates whom I believe will make me a good leader in the future. I am a budding professional who has undergone multiple learning experiences over the past few years in my career. My expertise is in the field of HR recruitment and I have acquired a plethora of knowledge through recruitment, training, coordination, and evaluation of employees. My personal goal is to become extremely efficient and reliable in any job that I do. I want to become the most dependable person in any organization I work with in the future. Throughout my entire career, I have been fortunate enough to work with key personnel in this profession that has enhanced my skill set. My future goal is to create the high level of professionalism among employees that can solve organizational challenges in the future. The importance of human assets in improving organizational efficiency and productivity is well documented. My role is to select the best candidates for jobs that can create high levels of efficiency in the organization. Studying at Concordia College, Masters Business Leadership Program has been one of the most enriching experiences of my life. It has not only helped me to learn a variety of new courses that I was not aware of before joining this institution but also helped me to improve my existing skills and knowledge.