Monday, May 25, 2020
Quick Death in The Short Happy Life of Francis Macomber...
Quick Death in The Short Happy Life of Francis Macomber Ernest Hemingway created a masterpiece of mystery in his story The Short Happy Life of Francis Macomber. The mystery does not reveal itself to the reader until the end of the story, yet it leaves a lot to the imagination. At the end of the story Margaret Macomber kills her husband by accident, in order to save him from being mauled by a large Buffalo while on a safari in Africa. The mystery is whether or not this killing was truly accidental, or intentional. If it was to be considered intentional, there would certainly have to be evidence in the story suggesting such, with a clear motive as well. What makes this mystery unique is that Hemingway gives the reader numerousâ⬠¦show more contentâ⬠¦Robert Wilson seems to be right in his descriptions of the couple, and their relationship throughout the story. If this is true, and none of his presumptions about the couple are false, then he gains more credibility towards the end of the story. It is at this point that he becomes the advocate of Margot actions, despite the fact that they were intentional. It is Wilson that gives the reader the best description of the relationship between Francis and his wife. It is his insight into Margot, however, that is the most detailed, and which seems to suggest that she might be capable of such an act. From this astute analysis of the two, Wilson shows the reader several very important things. One is the fact, although somewhat machiavellian, that over her husband. Another observation that I somewhat important is the This is the cruelty that Wilson observes in the passage above.This, as she would soon see, was not the case. One of the most important passages in the story occurs in the moments just before Francis and Robert Wilson go into the bush after the buffalo. After Margot fires the fatal shot, further evidence is given by Robert Wilson that supports the assertion that the killing was intentional Hemingway 1411). Wilson, who seems to be accurate in his assessment of the relationship, seems a credible witness to theShow MoreRelatedEssay on Short stories1134 Words à |à 5 Pages Essay nbsp;nbsp;nbsp;nbsp;nbsp;The short stories ââ¬Å"The Snows of Kilimanjaroâ⬠and ââ¬Å"The Short Happy Life of Francis Mocomberâ⬠were both written by world renowned author Ernest Hemingway. The two stories are written completely unrelated to each other; however, both stories have vast similarities in the time and place in which they take place. Hemingway is a writer that is very methodical in his word choices. When reading these two stories a second time the reader finds considerable differencesRead MoreThe Macabre Life Of The Macombers1092 Words à |à 5 Pages The Macabre Life of the Macombers Margot Macomber blows her husbandââ¬â¢s brains out with a high powered hunting riffle in this macabre tale full of grotesque and gruesome gore.Through an omniscient all-knowing narrator the reader is taken on a hunting expedition in the wilds of Africa and witnesses the deaths of animals and the main character Francis Macomber. In ââ¬Å"The Short Happy Life of Francis Macomberâ⬠the omniscient narrator focuses mainly on the thoughts and feelings of the two male charactersRead MoreLife And Death By Ernest Hemingway Essay1231 Words à |à 5 PagesTwo short stories and one segment from a story that I have broke down have all been composed by the creator Ernest Hemingway, concentrating on the subject of Life and Death. Ernest Hemingway is a twentieth century American author, short story essayist and columnist. He was conceived on July 21st 1954 in Oak Park, Illinois. In the midst of his lifetime he was incorporated into World War I. He went to Italy to drive a crisis vehicle in the warzone. His relationship in the World War probably left aRead MoreEssay Ernest Hemingway2650 Words à |à 11 Pages Ernest Hemingwayââ¬â¢s tough, terse prose and short, declarative sentences did more to change the style of written English that any other writing in the twentieth century. Ernest Hemingway had many great accomplishments in his historical life but one event sticks out from the rest. The Old Man and the Sea is one of Hemingwayââ¬â¢s most enduring works. Told in Language of great simplicity and power, it is the story of an old Cuban fisherman, agonizing battle with a giant marlin far out in the Gulf Stream
Tuesday, May 19, 2020
All About Eagles - 2489 Words
All about Eagles Think of an eagle...what comes to mind? A large powerful bird of prey, swooping down and snatching up its next victim? Or maybe you imagine a beautiful and noble bird with very likable qualities. Actually, eagles are all of that and more. In the United States, the Bald Eagle is a symbol of justice, strength, and fairness. The Bald Eagle is after all, our national symbol. However, to the rest of the world the eagle may bring to mind many different images. That is because there are many different types of eagles. In fact there are about 59 different species of eagles throughout the world, and they can be found on every continent except Antarctica. Eagles are members of the bird family Accipitridae, and belong to severalâ⬠¦show more contentâ⬠¦cirrhatus * Mountain Hawk-Eagle, S. nipalensis * Blyths Hawk-Eagle, S. alboniger * Javan Hawk-Eagle, S. bartelsi * Sulawesi Hawk-Eagle, S. lanceolatus * Philippine Hawk-Eagle, S. philippensis * Wallaces Hawk-Eagle, S. nanus * Black Hawk-Eagle, S. tyrannus * Ornate Hawk-Eagle, S. ornatus * Black-and-white Hawk-Eagle, S. melanoleucus * Genus Lophaetus * Long-crested Eagle, Lophaetus occipitalis - possibly belongs in Ictinaetus * Genus Stephanoaetus * Crowned Eagle, Stephanoaetus coronatus * Genus Polemaetus * Martial Eagle, Polemaetus bellicosus * Genus Hieraaetus * Ayres Hawk-eagle, Hieraaetus ayresii * African Hawk-Eagle, H. spilogaster * New Guinea Hawk-Eagle, H. weiskei * Genus Harpagornis (extinct) * Haasts Eagle, â⬠Harpagornis moorei - possibly belongs in either Hieraaetus or Aquila A Steppe Eagle in Lahore Zoo Pakistan. * * Genus Aquila * Bonellis Eagle, Aquila fasciata - formerly Hieraaetus fasciatus * Booted Eagle, A. pennata - formerly Hieraaetus pennatus * Little Eagle, A. morphnoides * Golden Eagle, A. chrysaetos * Eastern Imperial Eagle, A. heliaca * Rufous-bellied Eagle, A. kienerii * Spanish Imperial Eagle A. adalberti * Steppe Eagle, A. nipalensis * Tawny Eagle, A. rapax *Show MoreRelated The American Bald Eagle Essay619 Words à |à 3 Pages I chose the American bald eagle because it is one of the fastest and strongest species of eagles. It is the national symbol. The Congress adopted it as the national symbol in 1782. I think it was adopted as the national bird of the United States because the Roman soldiers used the eagle as a symbol of courage and power. In the early 1800s, Americans called the Bald Eagle, the American eagle. Here is some of the biology of the Bald Eagle. Bald Eagles do a very good job at their part inRead More The Bald Eagle as an Endangered Species Essay1335 Words à |à 6 PagesThe Bald Eagle as an Endangered Species The bald eagle is the most well known endangered species because it is the nations symbol. It is suppose to stand for freedom and the American way, but if we allow the bald eagle to become extinct how can we let something that doesnt exist anymore stand for freedom and the American way. Being the symbol of the nation, the bald eagle was put on the endangered species list faster than most species. When the bald eagle reached its low point in the 1960sRead MoreNative American Indian and the Bald Eagle1649 Words à |à 7 PagesUniversity of Phoenix | The American Indian and the Bald Eagle | Com 220 | | Tamara Lowe | 5/10/2009 | | The American Indian and The Bald Eagle Native American Indians have been living in America long before the white man ever came here.à There were probably about 10 million Indians living in North America at the time the ââ¬Å"white manâ⬠arrived.à The first Native Americans were believed to have arrived during the last ice-age.à Somewhere around 20,000-30,000 years ago and theyRead MoreBald Eagle Mini Research Paper1255 Words à |à 6 PagesThe bald eagleââ¬âa symbol of America. But what is it and where did it come from? The bald eagle has been the official bird of America since 1782 when it was chosen due to its majestic beauty, great strength, long life, and because it being native to North America. Full-grown Bald Eagles have wingspans up to seven feet. They fly up to 30 miles an hour and can dive at 100 miles an hour! Eagles feed primarily on fish, supplemented by waterfowl, and carrion. The Eagle is one of the biggest and the strongestRead MoreAnalysis on Eagle by Lord Alfred Tennyson786 Words à |à 4 PagesIn the poem ââ¬ËThe Eagleââ¬â¢ by Lord Alfred Tennyson the poet uses language effectively to explore the idea of man and his relationship to the natural world. The poet uses symbolism, imagery and metaphorical language to make the reader think about the eagle and what we can learn about ourselves when considering the freedom of this creature. Alfred, Lord Tennyson employs the animal eagle into his poem to symbolize men with power and authority. In Line 1 he writes ââ¬ËHe claps the crag with crooked handsââ¬â¢Read MoreWilliam Tennyson s The Fish And The Eagle993 Words à |à 4 PagesTennyson. In Bishopââ¬â¢s poem ââ¬Å"The Fishâ⬠and Tennysonââ¬â¢s poem ââ¬Å"The Eagleâ⬠, the poets do a masterful job of telling the world how beautiful nature truly is and showing their reverence for nature through numerous literary methods. One can see how the poems ââ¬Å"The Fishâ⬠and ââ¬Å"The Eagleâ⬠both present a theme of reverence for nature by looking at the poetââ¬â¢s use of imagery, symbolism, and structure. First one can see how ââ¬Å"The Fishâ⬠and ââ¬Å"The eagleâ⬠portrays a theme of reverence for nature by looking at each poetââ¬â¢sRead More American Eagle Outfitters Analysis Essay1693 Words à |à 7 PagesAmerican Eagle Outfitters SWOT Analysis The Silverman family first founded American Eagle Outfitters in 1977. They operated specialty clothing stores under the name Retail Ventures. In 1980 the Silvermanââ¬â¢s encountered financial troubles when the Schottenstein family bought out 50% of the Retail Ventures. In 1991 the Schottenstein family bought the rest of Retail Ventures and opened 153 American Eagle Outfitters. By late 2000 the company had introduced 46 new stores in Canada. American Eagle had approximatelyRead MoreTennyson s The Arrow And The Charge Of The Light Brigade950 Words à |à 4 PagesOut of all the poems Tennyson wrote, ââ¬Å"The Eagleâ⬠and ââ¬Å"The Charge Of The Light Brigadeâ⬠was the ones that have been selected. Tennyson was one of the greats that came from the Victorian era. Tennyson wasnââ¬â¢t just known for being a poet, he was also known for writing plays and music. There will be some comparing and contrasting of ââ¬Å"The Eagleâ⬠and ââ¬Å"The Charge Of The Light Brigade â⬠on the poetic devices Tennyson used and what inspired him to write both these poems. Tennyson was inspired to write ââ¬Å"TheRead MoreEagle s Nest Hotel Inc Is A Hotel Chain Based On The West Coast Essay1659 Words à |à 7 PagesOverview: Eagle s Nest Hotel Inc is a hotel chain based on the West coast in the USA. It operates hotels in the USA as well as globally. In 2007 the CEO Joseph Walsh helped to raise the company s image in the USA. This has seen 15 4-star hotels across the States as well as the acquisition of 2 flagship properties: Two Flagship hotels in New York and Las Vegas. Set for the launch of two 3-star hotels the company s portfolio has not had any more additional motels or hotels. As stated by Dutta (2009)Read MoreThe Philadelphia Eagles : It s Time For Work1138 Words à |à 5 PagesPhiladelphia Eagles: It s Time to Work The National Football League. A level of football where the best of the best are payed to strut their stuff and show why they are the best of the best and deserved to get paid big bucks for what they do. The NFL is composed of 32 professional teams. But today Iââ¬â¢m here to talk about only one of the 32 teams known as the Philadelphia Eagles. They are one of my favorite teams and I support them through thick and thin. In 2015, the Philadelphia Eagles media staff
Friday, May 15, 2020
What Is Wrong with Cully, Oregon - 1201 Words
The first occasion by which I heard about Cully, was not a good one. It was mentioned as being a troubled area that needed a lot of help. In my mind, a lot of neighborhoods need help; what makes Cully so special? Everyone keeps talking about it, but I donââ¬â¢t see what the big deal is. As time went on, I began to hear more about Cully, and it began to spark my interest. I began to read articles and stories from and about this neighborhood; they all mentioned the same thing: Cully is Oregonââ¬â¢s most diverse neighborhood (Cusack). According to Jane Jacobs, diversity is one of the five major building blocks of successful neighborhoods, so Cullyââ¬â¢s diversity is a good thing! Yet, if this is true, why do most people believe it needs ââ¬Å"a lot of helpâ⬠? On our FYLC field trip to multiple neighborhoods, Cully was on the list. I was excited to see it because I wanted to know if it looked as troubled as some make it seem. When we finally arrived, we werenââ¬â¢t able to get out of the vans and talk about what we see (like we did at every other neighborhood we visited), but we simply drove through it while someone pointed out little details along the way. From what I saw, Cully didnââ¬â¢t look too bad; it looked really quiet. The houses we saw all looked the same, and it looked relatively ââ¬Ëboringââ¬â¢. I wasnââ¬â¢t able to see how diverse it is because no one was really outside. Is this the same area all those newspapers and articles were writing about? If one were to simply walk down the streets of Cully,
Wednesday, May 6, 2020
I.Introduction. A.Hook Obese Children Grow Out To Be Obese
I. Introduction A. Hook Obese children grow out to be obese adults. In the United States, obesity affects approximately 12.5 million children and teens which is almost 17% of the of the population. This clearly depicts how serious the issue of obesity on teens is. B. some people believe that obesity is not a major issue and has no effects on them health wise. However, professional personnel and bodies clearly points out that obesity is a very serious and life threatening epidemic which is affecting a good number of people and so, it needs immediate attention. C. Despite the cost associated with curbing obesity, schools, familyââ¬â¢s communities and the nation at large should strive to lower the obesity rate among teens because it (lesseningâ⬠¦show more contentâ⬠¦Moreover, obese children are at a greater risk of social and psychological problems such as discrimination which may lead to low self-esteem. 2. Maintaining the obesity level will prevent negative health effects and it will promote many mental and physical health benefits. According to Collins and Bentz, significant weight loss confers psychological as well as medical benefits with improved mood, high self-esteem, motivation and relationship. 3. There are many health benefits that come with low obesity rate. Li Ji and Neal H. Hooker argue that, students who are fit are more active, confident and have low chances of getting depressed due to self-dissatisfaction .in addition to that, Rossner also points out that, less obese people donââ¬â¢t have difficulties in breathing and walking, they are more agile and they have low chances of getting heart disease. Also, premature death, back pain is uncommon Among those who have less obesity rate. A. It will help students from low income families by providing them with healthy food while trying to curb obesity. 1.Students who come from families whose parentsââ¬â¢ income is low, have higher chances of getting obese. Li and Hooker point out that children with low social economic status are more burdened with obesity since they take part in programs like National Lunch Program. Statistics show that students in this program have a higher BMI than those from wealth family 2.CDC in ââ¬Å"Obesity
Leadership Styles Of The Multi Billion Dollar Company
Leadership is one of the most useful skills one can obtain. It was believed that leadership couldnââ¬â¢t be taught, but that one is born with the appropriate skills to lead. Leaders come in a wide range of different personalities and styles. There have been many great leaders since the beginning of human existence. The great question of what makes an effective leader continues to be one that can be debated. Many theories have been formed about how leaders have been either made or born with the trait. Sergio Marchionne, Chief Executive Officer of Fiat Chrysler Automobiles, is an example of a great leader. His leadership style and traits contributed to the success of the multi-billion dollar company after suffering a major financial crisis in 2009. The most significant leadership styles that Sergio Marchionne possesses are Democratic and Laissez-Faire. When necessary, he can be autocratic and bureaucratic. Marchionne encourages participation from his employees and includes their input in the decision making process. When they cannot gather a logical plan of action, then he takes the initiative to make the decision that benefits the company. He always makes himself available to guide his team on how to develop valuable input. He asks his team to have the courage to be independent, with the expectation that they build leadership skills and are capable of making important decisions on their own for the benefit of the corporation. Sometimes, in order to make a change, theShow MoreRelatedCoca Cola s Leadership And Management Style Of The Company1329 Words à |à 6 PagesIntroduction The Coca-Cola Company is a global company which manufactures, distributes and markets a range of non-alcoholic beverage concentrates and syrups. It currently markets over 500 brands and 3,500 products and owns four of the top five non-alcoholic beverages in the world: Coca-Cola, Diet Coke, Fanta and Sprite. These products are manufactured and distributed through a network of distribution and bottling partners. They are a multi-billion-dollar company who operate a franchised distributionRead MoreEnvironmental Leadership of IBM Essay977 Words à |à 4 PagesEnvironmental Leadership of IBM IBM has not only succeeded in maintaining its competition in providing software, computer technology and systems integrators, but IBM also successfully managing its resource such as energy, water, and material, including waste product, thus offering environmentally friendly products and services which have been recognized by various parties and has received many awards (IBM Environment Report, 2012). IBM success is always related to the leadership style of it appointedRead MoreWhat I ve Learned Over Time Is That Optimism Is A Very Important Part Of Leadership894 Words à |à 4 PagesRobert A. Iger once said, ââ¬Å"What Iââ¬â¢ve really learned over time is that optimism is a very, very important part of leadershipâ⬠. Robert A. Iger was born and raised on February 10th, 1951 in New York. City, NY. From an early age Iger felt certain he was interested in the media network. His primary goal was to become a television news correspondent for CBS News. He pursued this aim at Ithaca College. After graduating from Ithaca in 1973 Iger began his professional career in Ithaca, New York. His professionRead MoreCharacteristics Of An Multi Billion Dollar Contract851 Words à |à 4 PagesA. Starcorp Industries Starcorp Industries were developing its proposal for the multi-billion dollar contract, and due to the companyââ¬â¢s depleting cash reserves recently laid off a number of ââ¬Ënon-essentialââ¬â¢ employees over the last couple of months. Starcorp Industries have landed one of the contracts and in the process, purchased an additional 500 employee engineering firm to beef up the engineering staff and expand their customer base. Following the acquisition of the engineering firm Starcorp IndustriesRead MoreMadoff1370 Words à |à 6 Pagesorchestrated a multi-billion dollar Ponzi scheme that swindled money from thousands of investors. Unlike the promoters of many Ponzi schemes, Madoff did not promise spectacular short-term investment returns. Instead, his investorsââ¬â¢ phony account statements showed moderate, but consistently positive returns ââ¬â even during turbulent market conditions. In December 2008, the SEC charged Bernard Madoff and his investment firm, Bernard L. Madoff Investment Securities LLC, with securities fraud for the multi-billionRead MoreWhat Is Situational And Authentic Leadership?1900 Words à |à 8 PagesSituational and Authentic leadership are increasingly important skills to possess in todayââ¬â¢s era of technological changes and availability and flow of information we have in this day and age. Leaders today must be able to adjust their leadership styles to the whatever situation arises as well as to the people who they are leading. Leaders are not limited to just use one style in one situation, being able to adapt appropriate styles to different situations will influence and help a leader succeedRead MoreAndrew Mason Rise and Fall of Groupon702 Words à |à 3 Pages1. How would you describe the leadership skills of Andrew Mason? How would you rate his leadership style? In what ways does he fit the profile of the typical business founder? In what ways is he different? We can agree that every leader is unique in their own way, given that their individual traits are what qualify them as leaders in their own way. This being said certain characteristics might cause you to be a exceptional/average/bad leader. In addition to your personal abilities, there are manyRead MoreVirgin Group Ltd : A British Venture Capital Conglomerate1614 Words à |à 7 PagesLTD is a British venture capital conglomerate that has been around since 1970. Virgin encompasses over 400 different companies located in many industries such as: financial services, transport, food and drink, media and telecommunications. Headquartered in London, this British corporation has come a very long way since itââ¬â¢s birth in 1970. One of the main reasons for the companies success is because of its founder; Sir Richard Branson. Branson, born July 18th, 1950 in London England, startedRead MoreLeadership Practices And Its Impact On The Success Of The World Essay1420 Words à |à 6 Pagesresearch paper in based on contemporary leadership practices which help to steer the wheel of the organisation to greater heights. Leadership as the topic has previously been viewed to play a great impact on the success of the most ranking organization in the world. The genesis to this is starting in past century to the 21st century (Bennis W.2007). It is through this research; efforts are made to apply relevant leadership practices concerning Apple Company about an icon in Appleââ¬â¢s C.E.O Steve JobsRead MoreAssignment 1 Admn 232 Administrative Principles Essay examples1041 Words à |à 5 Pagesvolatility with a calm and confident ease than many in his position would be capable of. One of the largest challenges of his position as a top manager in the organization is making things happen. He achieves this by increasing profitability through leadership (interpersonal role, leading function) and delegation (decisional resource allocator role, organizing function) to control and utilize the strengths of his entire financial team. Additional top managers such as the VP of Finance; middle managers
Contract Law Doctrine of Consideration
Question: Discuss about the Contract Law for Doctrine of Consideration. Answer: Introduction: A lawfully binding exchange of promises from one person to another has been defined as a contract which would be enforced by the law. Also, contract law has been observed to be founded on the phrase pacta sunt servanda. It specifically means that promises must be kept. But in order to create a valid contract there have to be four main essentials that must be present which includes an offer, acceptance, consideration, intention to create lawful relations and capacity.[1] If any one of the above mentioned essentials would not be present then a valid contract could not be formed. So, it has been clearly stated that consideration has been one of the most significant constituent of a lawful agreement. In creating a valid contract the first step was to make an offer which must be made by one person to another. Acceptance would be regarded as when the individual who receives the proposal accepts the terms of the offer which was made. Consideration has been regarded as same as the intention to create lawful relations.[2] Agreements which do not include a price which has to be paid for the promises were unenforceable if not they have been carried out by a legal document under seal. The elements of Intention to make lawful relationships have been descriptive constituents of a contract. The final element of a valid agreement was the capacity of the parties. It was whether an individual has the freedom to enter into an agreement or not. The below mentioned essay would spotlight on the constituents of a price in an agreement and more particularly it would dispute that price must be sufficient but need not to be adequate. Not every promise which was made would be enforceable in law by the tribunals, as doing so would be specifically being impractical. As it has been observed clearly that a promise which would be backed up by consideration would grant a reason for enforcement. It has been clearly observed that the Doctrine of Consideration has been one of the five major indispensable ingredients of a valid agreement. In an agreement, if consideration would not be instituted as a part of an agreement then it would determine whether it was enforceable or not unless it was integrated into a deed under a seal. Consideration has been defined as the price that was asked by the person who made an offer in exchange for their promise. As per the requirement of common law, in order to make a contract to be binding the person to whom the promise was made must grant a price for the promise. Consideration has been regarded as prone to much condemnation as it was stated to have a very slight extent as a meaning with a number of suggestions stating that the slightness of the doctrine displays was is now more about refuting the lawful effect in most of the promises.[3] The thoughts behind this disparagement were that a number of tribunals bring consideration into the matters without thinking twice and utilize it as a tool to direct their verdicts. This then show the way to it which was open to many more possibilities. As in the case of Williams v Roffey Bros Nicholls (Contractors) Ltd [1989] EWCA Civ 5[4], it was stated that a practical assistance attained by an individual could be calculated as a sufficient consideration. This would then lead to unauthorized assertions as never before which states that such consideration has been brought into a case containing a pre-existing contract. In the case of Currie v Misa (1875) LR 10 Ex 153[5], it has been concluded that consideration could be defined as some privilege, interest, profit accrued to an individual who was the party or some loss or harm undertaken by another. So, in order to rotate an otherwise unenforceable promise which was made by an individual into a lawfully binding contract a person to whom such promise was made must in return grant to the person who initiated a promise a price.[6] The meaning of what comprise of a price which was paid for such promise was distinctively found in the matter of Dunlop v Selfridge [1915] AC 847[7]. In this case it was concluded that price i.e. something of value could be defined as an act of tolerance of the guarantee. So, it was defined as the value for which such guarantee of the other was bought, and the promise thus would grant for worth would be enforceable. There was numerous numbers of rules which were made in regard to the procedure of consideration that could also be found in the matter of: Tweddle v Atkinson (1861) 121 ER 762[8] as in this case it was stated that the price paid for a promise must be send from a person who accepted the offer; or In Re McArdle [1951] Ch 669[9], where it was held that the price paid must not be paid in past; In Thomas v Thomas (1842) 2 QB 851[10] it was concluded that such consideration must be sufficient, but require not be adequate but must have something of value. This value which was paid for the promise should be more than merely financial. In the matter of Ward v Byham [1956] 1 WLR 496[11] promises which were made to take care for an individual have been concluded to be sufficient. But at first instance, it seems that the rule of consideration is anything wrong with terms. For most non-specialists "sufficient" means the same as "adequate." However, the rule makes sense, because it means that although consideration should be sufficient to maintain the contract (i.e. it must have some value in terms of law), it may not necessarily be appropriate in the sense to be of the same value as and consideration other.[12] In order to consider that the price paid for the promise was valid it could be done so by stating that such price need not to be adequate but must be sufficient. This statement could be meant that the price does not have to reveal the value of the promise to be adequate. But at the same time such promise must be lawfully sufficient that means to say that it must be somewhat that the law gazes at as been competent of concluding to a valid price.[13] This has been a controversial problem as many feel that it has been an inequitable method of shaping a verdict but such decision which was brought to limelight in the matter of Chappell v. Nestle [1960] AC 87[14]. In this case it was clearly concluded by the majority of the judges that the wrappers of the chocolate were considered as a element of price even though they were of small monetary price which was frightened away by the respondents on delivery.[15] In another case of Thomas v Thomas (1842), 2 QB 851[16] it was held that the motive of the husband was the only reason for the contract and a reason could not amount to price. Though, the promise which was made by the applicant to pay 1 and keep the house in good way was considered to be a sufficient consideration. Although it has been observed that the terms Adequacy and sufficiency in the common language have similar meaning as they were considered to be synonyms to each other. Though under law adequacy have been described to be such situations where the money which an individual has paid for something was inconsistent with the cost of what an individual obtains in return. It was the only privilege that the tribunals do not take into account whether an agreement which was initiated contains adequate consideration, as it would be unfeasible and away from the means of the tribunal to ascertain. Consequently, a person must fix a price for all of the goods and services that were enclosed in the agreements which were put forward before the tribunal. In a Canadian case of Zecevic v The Russian Orthodox Christ the Saviour Cathedral [1988]O.J. No. 1282[17], it was held that there was no intention to create legal relations from both the individuals who were the parties to the contract. Also, there had been no payment of money which was promised which clearly implies that there had been an inadequate consideration in the contract. So, it could be stated that for a consideration to be measured as satisfactory enough to sustain a easy agreement under law it must be have certain monetary worth. In addition to the fact that it must contain a monetary value, such price must also be of such a type which was recognized by law as lawful. On the other hand, there have been a number of examples that were measured to be insufficient consideration in the eyes of the lawful authorities such as natural love and affection, moral obligation and prayers were but to name a few. For instance, where an individual makes a guarantee to do something, which, they were previously bound by law to do it then this does not amount to satisfactory price in the construction of an agreement. This would merely be recurring as a duty which the person to whom such offer was made was already compelled to do so in other they were promising to do nothing at all. It was then the law stated and founded price to be an deficient consideration if the applicant carries out an obligation which he already owed.[18] There have been two main forms of considerations which could be considered as insufficient such as: Past consideration: It has been regarded as something which was granted unreasonably or in connection to other as it would not be regarded as a ground which would be sufficient in relation to a new promise. In the case of Stewart v Casey [1892] 1 Ch. 104[19] it has been stated that an exception to the past consideration rule subsists in connection to promises which were made to pay for services. It has also been stated that where it would be implied that the performance of services would be paid for then the performance of those services would be a good consideration.[20] Existing of Lawful duties: This rule was most likely to take place where the contractual duties were varied or An innovative agreement was completed and an innovative agreement was substituted by replacing it. Also for the above declarations which were made in relation to the rules of consideration in persistence to the fact that there were certain exceptions to the instance which was granted in relation to past consideration. But in order to create simplicity and lucidity, there has exceptions to the rules of consideration which were defined above. With regards to the doctrine of price i.e. consideration its exception was that of the person who made an offer who had formerly asked the other individual to grant goods or services. In the case of Lampleigh v Braithwait [1615] EWHC KB J 17[21] it was stated that a promise which was made after providing them would be treated as a legit. Though if it was known to be a trade deal then it must exhibit and perform in an unmistakable manner. In another matter of Re Caseys Patent [1892] 1 Ch. 104[22] it was upheld that the payment of price must ensue for the good and services which were to be provided as it would then also be measured to be obligatory. It has been the principle of promissory estoppels which was regarded as an impartial remedy that permits an individual from not turning back on a promise which was not sustained by the price paid under a contract. Estoppels could act as a guard but not as a weapon in relation to the point of consideration. So, it was simply about fairness to the other side of which may the person who made a offer could get benefit and so that the person to whom such promise was made does not violate the contract. It was in the case of Hughes v Metropolitan Railway (1876-77) LR 2 App Cas 439[23] that the doctrine of consideration was established. But at the same time it was this doctrine of Consideration only which drew divergence of view as a doctrine such as the attack which was made by Lord Mansfield on consideration for not recognizing it as part of contract law. In another matter of Tool Metal Manufacturing v Tungsten [1955] 1 WLR 761[24], that the modern version was enhanced by the court by confirming that the doctrine of promissory estoppel exists in contract law. In Waltons v Maher [1988] HCA 7[25] it was concluded that where the development of the Doctrine of Promissory Estoppels, under which a promise that has been dependent upon to the detriment of the other person may be imposed by that other in spite of the fact that there was a lack of consideration. Also, as a general rule of the part payment of a balance which was due was not a good consideration for the promise of the creditors to relinquish the balance. In the payment of a part of the balance which was due which was owed the person to whom an offer was made was observed to be doing a work which was no more than performing an existing contractual obligation which he owed. Similarly, a promise which was made in relation to pay a part of a balance due could not represent price for a promise of the creditor in order to relinquish the balance. It was usually referred to as the rule in Pinnels case. In the case of Penny v Cole which was known as the Pinnel's Case [1602] 5 Co. Rep. 117a[26] it was stated that if a sum of money was owing to a creditor by a balance which was due or. And all those individuals enter into an ensuing contract that concluded that the creditor would accept a smaller sum in fulfillment of the entire amount. But the later sum of the contract would usually not be obligatory as the arrears which was due or has not granted price for the promise of the creditor in order to relinquish the balance which was due. Consequently, even if the balance which was due or acts on this contract by paying the smaller amount which was decided and the sum was established by the creditor which he would usually be able to take legal action against the balance which was due or for the arrears. At last, in order to conclude the essay it could be stated that it has been of fundamental importance that consideration has been considered as required in the construction of agreements to make sure those only stringent contracts would be measured to be agreements and individuals would only enter into them deliberately. Also, it has been unreasonable for the tribunals to place a value on goods and services so consideration need not be satisfactory and it should be up to the individuals in an agreement to choose what charge them aspiration to put on goods or services. At last, the tribunals must only permit contracts that enclose price that has a monetary value to be an agreement. As it has revealed in cases, like Zecevic v The Russian Orthodox Christ the Saviour Cathedral [1988]O.J. No. 1282[27], that those contracts where price includes no monetary worth then it was unfeasible to put a worth on the promise made and thus becomes almost impracticable to control under law. References Ewan McKendrick and Qiao Liu, Contract Law: Australian Edition, (Palgrave Macmillan, 2015). W. Ryan, Equity And The Doctrine Of Consideration, The Adelaide Law Review. Chappell v. Nestle [1960] AC 87. Cuurrie v Misa (1875) LR 10 Ex 153. Dunlop v Selfridge [1915] AC 847. Hughes v Metropolitan Railway (1876-77) LR 2 App Cas 439. Lampleigh v Braithwait [1615] EWHC KB J 17. Pinnel's Case [1602] 5 Co. Rep. 117a. Re Caseys Patent [1892] 1 Ch. 104. Re McArdle [1951] Ch 669. Stewart v Casey [1892] 1 Ch. 104. Thomas v Thomas (1842) 2 QB 851. Thomas v Thomas (1842), 2 QB 851. Tool Metal Manufacturing v Tungsten [1955] 1 WLR 761. Tweddle v Atkinson (1861) 121 ER 762. Waltons v Maher [1988] HCA 7. Ward v Byham [1956] 1 WLR 496. Williams v Roffey Bros Nicholls (Contractors) Ltd [1989] EWCA Civ 5.
Tuesday, May 5, 2020
Macroeconomic Issues Available in the Internet
Question: Describe about the macroeconomic issues with the help of some data available in the internet? Answer: Introduction The macroeconomic policies are the primary source of any economy to decide the path of its development, but it is the most complex issue of the World. The policies taken by the policy makers vary from country to country. It causes the economy to fluctuate as par the recession or boom faced by the economy. The country I have chosen here is United States. I will explain how the economy has grown from the year of 2004 to year of 2013 so that the unemployment, poverty, inflation rate, stability in prices, economic growth got affected over the stipulated time period. I will discuss here the ups and downs face by the economy of United States so that it affects the economys performance of the country (Cavoli Rajan, 2009). Macroeconomic performance Five type statistic like GDP constant price, GDP annual growth rate, real GDP per capital, unemployment rate and inflation rate to discuss the macroeconomic performance of the economy. The point to be noted is that the issue of migration is severe in that country. So the effect of this, along with the other variables also has to be taken into consideration while discussing the overall performance of the economy (Goh, 2004). The United Stated Economy The United Stated economy has triggered the fast forward economic growth from the 2000s. The economy has now become the first and foremost destination of the jobseekers and businessmen. This is sometimes beneficial for the economy as it increases the GDP produced within the geographical area of the economy. The real growth rate has been severely increased from 2004 to 2013 due to this. But the government is also very much infrastructural development oriented so that the urbanization of the country causes to add to the real GDP more than ever within this stipulated time period. But migration has affected it negatively so that it causes the economy to suffer from unemployment (Hoogendoorn, 2012). The United States has one of the most diversified and most technologically advanced economies in the world. Finance, insurance, real estate, rental, leasing, health care, social assistance, professional, business and educational services account for more than 40 percent of GDP. Retail and whol esale trade creates another 12 percent of the wealth. The government related services fuel 13 percent of GDP. Utilities, transportation and warehousing and information account for 10 percent of the GDP. Manufacturing, mining, and construction constitute 17 percent of the output. Agriculture accounts for only 1.5 percent of the GDP, yet due to use of advance technologies, the United States is a net exporter of food. Economy Strategy United States has mainly adopted an export oriented policy framework. It finances most of the foreign direct investment used in the economy. It causes to the economy to urbanize itself and it helps to make a significant status in the map of the worlds economy. United States has no natural resource. In spite of this, the development it achieved causes the economy to step forward to the industrialization to keep the pace of the growth unchanged. The strategies taken by the government of United States can be divided in three ways (Huff, 1994). The strategic role of the government An uninterrupted development of the infrastructure ('Issue Information', 2015) The mobilization of human capital The country taking these above three strategies together has confronted massive growth of development. In the previous period it used to earn the national income by using the semi-skilled labour force and the physical capital used to develop the infrastructure to make the country urbanized like the western countries. Now as time passes, the country emphasizes to develop a huge amount of infrastructural development so that the economies will try to make the workers highly skilled so that they can use them as another capital named human capital in their own industrialization process (Kang Leong, 2012). Production Output Performance Analysis United States is the first choice now for the investors. They try to exploit the economys resources to develop their own business. This inflow of finance from the global investors also benefitted United States. Here the political dimension of the globalized economy has emerged. It needs the stabilization of the political environment of the economy which is highly noticed in United States. And no doubt, this is an added advantage for the economy to flourish further. The reason is quite obvious. It results in ample time to implement a policy and can give good observational period. If the political stability is not maintained over a country, the government will be changed frequently and it will cause to change the policies it would have taken as economic policies unfortunately varies over political ideologies. Now frequent change in policies cannot implement them properly within short time period. So, effects of the different kind of economic policies result in totally ambiguous policie s. What we can observe in case of United States is its stable political situation has positively affected the economy towards development thus adding dollars to the gross domestic product of the economy (Lovelock, 2001). As we have said above the economy is mostly export oriented. The major part of the Gross Domestic Product comes from the trading business it does with its partners internationally. The economy mostly exported electronics and chemical goods to the foreign countries. American economy has ample natural resources. It is mostly a natural resource abundant country. So no doubt it has a lot of opportunity to develop it makes difficult to the economy to suffer without water as it is also scarce in that country. So they buy it too. The chart above shows the trend in GDP at constant prices of the US for the years 2004-2013. GDP at constant prices is calculated by the total expenditure of the goods and services within an economy for a specified period of time. The GDP of the US is recorded by the World Bank. In the year 2013, the GDP at constant prices was 15500.2 USD Billion and that in the year 2004 the GDP at constant prices was 13706.2 USD Billion of the US. The GDP at constant prices has increased over the years except for the year 2009 where it declined due to the global economic crisis. What we can observe in the above diagram is that the economy has a consistent fall in the Gross Domestic Product Annual Growth Rate over the years. In the year of 2008, 2009 it was even negative. The reason is probably the severity of the recession experienced by the economy. We can better understand by a diagrammatic representation of the diagram. There is a huge fall in the GDP growth rate of the economy of US in the year of the 2009. If we minutely observe that even in the year of 2004 it had more growth rate than it achieved in the year of 2013. There was a consistent fall from the year 2004 to 2007. But after 2007 a sharp fall has been noticed. But here point to be noted that it is severely increased from 2009 to 2010. But after that it has been slightly decreased in 2011. The reason may be the aftershock of the recession. The GDP per capita is obtained by dividing the GDP with the population of the country which is adjusted by the inflation. The GDP per capita was recorded to be 45863.02 US dollars in the year 2013 in the US and it was recorded to be the highest. The graph below shows that the GDP per capita in the US has been increasing over the years except for the year 2010 which is mainly due to the global economic crisis. The chart below shows the trend in GDP per capita in the US for the years 2004-2013. Labour Market Analysis Now we discuss the unemployment rate of the United Stated economy from 2004 to 2013. Here point to be noted that United States itself is not a population abandoned country but as the economy grows, the migration from the other countries created a severe problem regarding employment in this country. The people migrated from other countries are obviously either job seekers or students. Now as United States majorly adopts a capital intensive production technique so that the people migrated here for seeking job are obviously skilled ones who make an added advantage to the human capital of United States. Now as the investors as well as the owner of the firms are not at all bothered about the economic situation, they are solely interested to their profit. And it is quite natural as they are not nonprofit organization, so they will hardly take care of the social impact of their activities as well as the macroeconomic consequences of the event. So what we can observe in the above that the government of United States has taken proper policy so that the unemployment rate is getting decreased in the economy. It had been increased again in 2009 suddenly, but ultimately it has been controlled by the government. Here point to be noted that though US is the tenth largest economy as per the per capita GDP growth rate of the economy, still, its unemployment rate is quite high in spite of being one of the most developed economies of the world. In the recession period there has been huge unemployment which is noticed during 2009-2010 (Stater Wenger, 2015). Now in United States it has been observed that the people migrated their get huge facilities to study over there too. So, from the growing stage of the human capital the natives are getting exploited. The capital intensive techniques demand more of skilled labour which they mostly higher from the migrated people. In case of unskilled labour demand the native people gets hired. On the other way, as the higher study is also easier for the migrated students, the native students remain unskilled and the salary structure in the firms demoralizes them further to make higher studies. So, the people of the country itself remain more unskilled so that they will make a smaller contribution to their own countries economic growth. Price Level Analysis For the inflationary behaviour of the economy, first we explain the term inflation. Then follow by macroeconomic reasons behind the occurrence of it and macroeconomic consequences, how the economy of United States is getting affected, can be picturized ('Referees for July 2012-June 2013', 2013). Inflation observed in any economy is majorly of two types- demand pull inflation and cost push inflation (Risa, n.d.). Demands pull inflation: Increase in price of the product due to increase in demand of that Reasons: If money supply M remains constant or increases smaller than that of price P, M/P increases, which results inflation. If population increases, it creates it creates excess demand which causes inflation (Sng, 2010) Cost Push Inflation: Increase in price of the product due to increase in price of the factor inputs If factor price increase, production cost will increase, thereby causing increase in the price level An increase in wage-rate for either excess labour demand or the collective bargaining of the trade-union (Sng Chia, 2010) It mostly influences the economy as cost of consumption increases, the depreciation of capital goods of the economy began to increase, and this is the ultimate results of the inflation which affects the American economy as a whole. What we can observe along the years in the US economy as par the inflation occurred there is represented tabular form in the following. Here we majorly analyse the inflation with respect to the consumer price index. It majorly had been constructed considering the goods and services for the consumption of household. So the changes on those goods and services considered in that construction affect the purchasing power parity of the consumers of United States. Thus inflation makes people to feel poorer as the value of the income decreases thus affecting their welfare also (Sugimoto, 2011). Here in the above diagram we can see that there are huge ups and downs of the inflation rate in the last few years. From the 2004 to 2008 the volatility was on an average consistent. Here point to be noted among the last few years i.e. within the year of 2004 to 2008, the maximum inflation has been observed in the year of 2008. It was 3.8 percent. But after that a sharp fall has been noticed. In 2009, there was economic recession observed in the economy. So what we can observe in the diagram is that there is a sharp fall in the inflation rate in that year. Not only that, it was negative during the recession period. Now the thing is that in the recession period the income of the people falls. So the demand for the goods and services falls. So, price falls due to the excess supply occurring in the economy, as the gap between the demand and supply decreases. Conclusion Here we have described the macroeconomic issues with the help of some data available in the internet. But here point to be noted that, it is an aggregate level analysis. So, if we consider the disaggregate level, we may see any other results. For example, the analysis regarding the level of unemployment is totally dependent upon the overall population of the economy which includes migrated people as well as natives. So, if it is tried to analyse them separately we may see the result other way, i.e., then the actual picture can be understood about the discrimination among the native people and the migrated ones. But in case of productivity analysis, it has been undoubtedly developed so much so that from travel and tourism department to the manufacturing industry it has been the foremost destination for all the job providers to job seekers, and even for the tourists and travellers (Underhill, 2009).
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