Hals cash flow problems

Hals income issues Hal is experiencing a circumstance where it can't meet its momentary liquidity prerequisites. Thusly, the greater part of its checks gave to its provisions are skipping inferable from the lacking sums in the bank. Income is a key marker of the monetary circumstance of a substance instead of incomes articulations that may contain non-money incomes, which give a beguiling picture. In Hal’s case, there are an assortment of reasons that are setting off the liquidity problems.Advertising We will compose a custom paper test on Hal’s income issues explicitly for you for just $16.05 $11/page Learn More First, the greater part of its deals are made on layaway. Just 10 percent of its turnover are on money premise. This restricts the measures of fluid assets in the element. Besides, the rate at which the sums are paid is low. This further aggravates the issue that Hal is confronting. When credits deal are made, the indebted person should settle up inside a quarter of a year. In an y case, Hal just considers any installment of borrowers as late once it surpasses ten months from the due date. This is an extensive period that Hal has given. Hence, the borrowers can defer installments for an extensive stretch with no results. This circumstance has contributed fundamentally to the liquidity issues in the substance since the greater part of its assets might be held up as borrowers (Coyle, 2000). The element likewise has many money duties. These duties incorporate the money installments of the material conveyed by providers. Also, it pays its representatives speedily. The money prerequisites in this substance are enormous after its providers denied them credit offices. Therefore, the money necessities in the substance will exceed Hal’s money inflows. The element additionally brings about a specific cost when gathering subsidizes structure money deals. The above issues have brought about the present liquidity issues that Hal is experiencing (Nesvetailova, 2010 ). Arrangements The best way to unravel the above liquidity circumstance is by boosting Hal’s money inflows. To begin with, the substance should endeavor to expand its money settlements by empowering money installments. Hal can achieve this by proposing limits to customer base prepared to execute on money premise. By receiving such estimates its can build the extent of its money deals to around 15-20%. The second measure the substance ought to embrace is to change the way wherein its indebted individuals pay their obligations. The substance should request that account holders pay on a 50-30-20 premise. This will guarantee that the element has satisfactory assets. The settlements by the indebted individuals have been a key reason for money related hardships at Hal.Advertising Looking for exposition on business financial aspects? We should check whether we can support you! Get your first paper with 15% OFF Learn More The element ought to likewise decrease the period past which settlements are viewed as late. Presently, Hal permits ten months. Hal ought to decrease the period to a half year. This would help the pace of installment of its obligations. Moreover, the element ought to authorize punishments for late installments. Initiating such approaches would expand discipline in the settlement of the obligations. Hal ought to likewise look for an organization that will charge bring down that 2.5% for stores made. This is a huge edge which has decreased this entity’s reserves levels. At long last, the substance ought to haggle better terms with the different gatherings it pays. Providers have denied them credit offices. On the off chance that Hal can haggle new terms with its providers, at that point it will acquire decreased money surges. Hal ought to likewise survey its work arrangement. It ought to empower changeless workers who may decrease its pay rates overheads (Neely, 2002). The above subtleties expound how the above substance can address the present liquidity issues that it is experiencing. References Neely, A. (2002). Business execution estimation: Theory and practice. Cambridge: Cambridge University Press. Nesvetailova, A. (2010). Money related speculative chemistry in emergency: The incredible liquidity dream. London: Pluto Press. Coyle, B. (2000). Income anticipating and liquidity. Chicago: Glenlake Pub. Co.

Hindu Religion And Women

Hindu goddesses are customarily considered to be solid figures,even unstoppable ones. By contrasting his female characters with these goddesses, Rushdie traits them with a power of character. He sees India as a matriarchy, where maternal force, vitality, and love is the way to social attachment. (Jennifer Takhar) Durga, the washerwoman who had breast fed Saleems child in his affliction, is a significant figure in Saleems life. As we comprehend from the depiction of her (pg:445), she is an influential lady who is a contrary picture of the meek Indian lady. She might be speaking to the force that is subdued in these ladies. Saleem fears her as she represents the expectation that he has lost. Her name, even before I met her, had the smell of new things; she spoke to curiosity, beginnings, the coming of new stories, occasions, complexities, and I was not, at this point keen on anything new. (pg:445) She is again the person who prognosticated Saleem’s demise. In this way, these sort of ladies as witches propelled dread in Saleem. Like Durga, Parvati-the-witch, who is Shivas spouse, is another significant figure. She causes in making their youngster which is fundamental for the continuation. Mother was viewed as a country. There is parallelism between coherence of country through having kids. Ladies have jobs in profitability; that is the reason they are significant. Parvati goes about as someone reestablishing request. She encourages Saleem come back to Delhi by utilizing her enchantment bin, making him undetectable. Parvati helped Saleem to remember things he had attempted to forget about. (pg:389) So, we can say that she impacted Saleem as other ladies, as being representator of a country. At the point when we come to other ladies in Saleems life, for instance Mary Pereira. She is the person who brings forth Saleem; she makes him in both natural sense and allegorical sense. She changes the children and simultaneously destinies. Out of blame, she appends her entire fate to Saleems life by turning into his guardian. She likewise impacts the class places of the infants. (Saleem and Shiva) The pickling procedure which is a procedure of protection, connected to safeguarding and coherence of conventions figuratively, is huge. This food procedure is leveled out of females and it is a significant wellspring of power and character for the ladies. It is the protection of the past. The womens way is down to earth, oral; it is a method of transmitting custom we can say. Pickling process is just an image of this transmission. Along these lines, Mary P. , like different ladies in Saleems life has incredible impact on Saleem. Reverend Mother, then again, who is the lady of the hour behind punctured sheet ends up being the leader of the family. She is likewise exceptionally ground-breaking. She turns into the head after the marriage. She safeguards character of the country. She resembles different ladies; attests her clout in cooking. Her food, for instance, resuscitates Ahmed Sinai after freeze. She utilizes food as battleground where she compensation her fights against her better half. We see the observing of food, so basic and down to earth however can impact men. It is this straightforwardness of moms, their fondness influnces Saleem. To Saleem ladies, similar to India, is nothing without its past. no way out from past colleague. What you were is everlastingly what your identity is. (pg:368) And this association with past is through these ladies. They are the ones who make country and safeguard it like the pickles. Amina, Saleems mother, changes and impacts his life moreover. He sees her stripped in the restroom and witnesses her unfaithfullness on the telephone. This makes him have a blast in his mind and that blast makes him hear voices in his mind. It is the introduction of Midnights Children.. He sees mother, country, the country India-,earth isn't unadulterated as he recognizes ladies with the country. Recognizable proof is between the nation and the body of the lady, particularly mother. He considers the to be of lady as the nation and he ought to ensure nation just as respect of mother. Yet, seeing her motheris not unadulterated, the revelation of contamination in mother will get emergency his head-the assortment of country . The body is homogeneous as anything. Indissoluble, a one-piece suit, a hallowed sanctuary, maybe. It is critical to save this completeness. (pg:237) Padma,whom Saleem trades assessments about how to recount to a story is another huge figure. While he composes, his uneducated audience, Padma, sits next to him demonstrating her enthusiastic reactions to his accounts, scrutinizing their believability. When Padma shows enthusiasm all over, Saleem speeds on recounting to his story. She continues addressing what is straightaway.. She urges him to compose which is the main blessing Sallem has for coherence, safeguarding. Padma is significant as an overseer; giving warmth, food, human benevolence to Saleem. She is India for him, associated with all nation as a mother. She has natural trademark. She develops as a natural, steady, genuine, handy lady that attaches her to the homeland. That is the reason, as indicated by me, she is the most significant character in this novel. Be that as it may, despite the fact that she is a preserver for Saleem, she reluctantly harms him by taking care of him with things she thinks damnation be ni love with her. It is a toxic substance which is likewise a fix; both supporting, restoring, perserving and furthermore poisonous,destructive. She resembles India making him. What's more, ceratinly Padma is spilling into me. As history spills out of my fissured body, my lotus is unobtrusively dribbling in, with her down-to-earthery, and her confusing notion, her opposing affection for the spectacular (pg:38) to put it plainly, ladies had significant job in Saleems life. They are the moms, the makers of men. In the event that they were not on earth, no progression would happen; there would be no world. Saleem fears them likewise on the grounds that despite the fact that they make him as country makes men; they additionally set up the fall of men. The two of them give noteworthiness and simultaneously crushes. They can remove the way of life as in Saleem. Saleem is the country likewise as he makes; he composes. He attempts to make importance and structure. What's more, ladies help Saleem make himself, his personality like the country does to every single individual. Be that as it may, it can likewise unmake individuals. The ladies attempt to clutch past and protect it as past is a nation from which we have all moved; that its misfortune is a piece of our mankind. (Nonexistent Homelands; Essays and Criticism 1981-1991. London: Granta Books, 1991) And this announcement shows the vagrants that the truth is an ancient rarity and it doesnt exist until it is made and it tends to be made well or severely, and it can likewise be unmade, similar to ladies did to Saleem. At the point when we go to the topic of why White Castle didnt give place for ladies may be on the grounds that the youth topic ook extraordinary significance in the book. For instance, the granddads searching for his youth at homeThat is the reason it gives a lot of room for the youngster ruler. There is the ceaseless searching for the basic, immaculate ide before perceiving sexuality, leaving the mother, to have strength. There is again the dread to lose the immaculateness, completeness of the youth. What's more, on account of it there are the discourses in this novel that tells about the youth deviousness. It resembles the dread of the youngster. What's more, on the off chance that we relate this to the ladies ,as we said ladies are the makers and they are associated with past, there will never be a way out from it and when it includes shrewdness and things like a youngster fears. In this way, as the Hodja did, there is both a departure from it and simultaneously searching for the past honesty. That is the reason there is no sexuality with ladies in the book. As they are dreaded, they can unmake men. The perilous impact of ladies isn't given consent in the book; just restricted and blameless ones are verifiably told. Thus, ladies and sexuality are banned and not given a lot of significance as in Midnights Children happened the difference. As per me, it is on the grounds that it is realized how compelling ladies are and can be hazardous in making. What's more, when you need something completely new and make your own personality, as the characters in White Castle needed, it's anything but a smart thought to incorporate ladies and sexuality. The ladies can bring fall of men while making them.

MIT Commencement

MIT Commencement On Friday, the MIT Class of 2005 graduated! It was a beautiful day on Killian Court for the MIT Commencement ceremonies. For the curious, here would be your projected MIT Commencement dates: MIT Class of 2009: Friday, June 5, 2009 MIT Class of 2010: Friday, June 4, 2010 Things were abuzz on Killian Court early on the morning of Commencement. Killian Court opens to parents at 7:30am, but the Commencements ceremonies dont begin until 10am. In the meantime, theres a pre-game show. This year, the show was hosted by Institute Archivist Tom Rosko and Dean of Admissions Marilee Jones! Above, Marilee is preparing for an interview with a family. Also part of the pre-game show, some members of the MIT Muses a cappella group sang on the Jumbotron. The Commencement procession begins, first with the presentation of colors, followed by Alumni Association President Linda Sharpe with MIT President Susan Hockfield. The faculty parade into Killian Court, beneath the Great Dome. The thousands of families in attendance took lots of pictures. Inside the Admissions Office, Salvador and some visiting prospective families watched the webcast.

Comparing The Charge of the Light Brigade and Dulce ET...

Comparing The Charge of the Light Brigade and Dulce ET Decorum EST The poems â€Å"The Charge of the Light Brigade† and â€Å"Dulce ET Decorum EST† are war poems. They reflect on two different but equally harrowing events, however the poets portray these events using their own style and the and result is two entirely different views of war. Alfred Tennyson wrote the â€Å"Charge of the Light Brigade† in 1854 and it is about the battle of Balaclava in the Crimean war. Although this battle had no real influence on the outcome of the war it showed the bravery of six hundred British soldiers who charged into almost certain death. The poem itself is a patriotic ballad keeping up with the tradition of the time. The poem is heroic and romantic.†¦show more content†¦On the other hand however he can also speed up the poem â€Å"Stormd at with shot and shell, While horse and hero fell†, to give a sense of frenzy. Owen’s use of punctuation to convey a mood is depicted here â€Å"His hanging face, like a devils sick of sin; If you could hear, at every jolt, the blood come gargling from the froth corrupted lungs†. Although there are many similarities between the poems if you were to read them each shows an entirely different aspect of war. Tennyson glamorises the war. His views of the war are very positive and he sees it as an opportunity for a man to prove himself. He speaks of the qualities of these men, of their bravery. They are charging in to almost certain death but yet they still follow orders and fight on in the â€Å"valley of death†. He doesn’t speak of the fact that this was a huge mistake by the general to send his men into almost certain death. He reflects the popular and widespread opinion of the time, which was that war was a great thing and all young men looked forward to being able to serve and die for their country. The main reason for this belief was that there hadn’t been a major war fought in Britain for the past two hundred or so years and people didn’t realise the horrors that war brought. Tennyson’s poem has none of the gor y details of Dulce ET Decorum EST†. â€Å"Tennyson’s poem is removed from the sordidShow MoreRelatedComparing Dulce ET Decorum EST and the Charge of the Light Brigade759 Words   |  4 PagesComparing Dulce ET Decorum EST and the Charge of the Light Brigade Although both Dulce et Decorum Est. ´ and The Charge of the Light Brigade are about battle and the death of soldiers, they show the experience of war in different ways. Tennyson ´s poem is about the glory of war, despite the fact that, the English parliament had the wrong judgment this is why six hundred soldiers died. Wilfred Owen ´s poem, on the other hand, tells everybody what has really happenedRead MoreComparing Dulce et Decorum Est with The Charge of The Light Brigade922 Words   |  4 PagesComparing Dulce et Decorum Est with The Charge of The Light Brigade The poems I am going to compare and contrast are Dulce et Decorum Est by Wilfred Owen and The Charge of The Light Brigade by the Poet Laureate of his time, Lord Tennyson. These poems both have a main subject of war. The main difference though, which leads to many other differences in the two poems are that they were written very in different centuries and times. This time difference meant approachesRead MoreComparing Dulce et Decorum est and Charge of the Light Brigade1343 Words   |  6 PagesComparing Dulce et Decorum est and Charge of the Light Brigade In this essay I will be comparing two war poems. The poems, Dulce et Decorum est, by Wilfred Owen and Charge of the Light Brigade by Alfred Lord-Tennyson came from different generations; Owens is written from his own experiences during the first world war; Lord-Tennysons poem was written from the safety of his own home during the Crimean war. The only real similarity between the two poems is that they were both Read MoreDulce Et Decorum Est The Charge of the Light Brigade - Poem Comparing and Contrasting Essay1179 Words   |  5 Pageshave opposing views about wars which may have been developed over time based on many factors such as family upbringing, culture, political views, or personal experiences. In the two poems studied, Wilfred Owens Dulce et Decorum est and Alfred, Lord Tennysons The Charge of the Light Brigade, war has been described with completely opposing views. In the former, Owen describes war as a horrifying and inglorious event with men in war being grim and sorrowful while the soldiers died devastatingly. OnRead MoreDulce Et Decorum Est The Charge Of The Light Brigade - Poem Comparing And Contrasting Essay1156 Words   |  5 Pageshave opposing views about wars which may have been developed over time based on many factors such as family upbringing, culture, political views, or personal experiences. In the two poems studied, Wilfred Owens Dulce et Decorum est and Alfred, Lord Tennysons The Charge of the Light Brigade, war has been described with completely opposing views. In the former, Owen describes war as a horrifying and inglorious event with men in war being grim and sorrowful while the soldiers died devastatingly. OnRead MoreDulce Et Decorum Est And The Charge Of The Light Brigade740 Words   |  3 PagesExperience of Battle In this essay, I will be analyzing the two different poems â€Å"Dulce Et Decorum Est† and â€Å"The charge of the Light Brigade†. While reading and analyzing these poems I will be comparing and contrasting the difference between the two poems and also determining the poet’s literary devices to make the point of both authors. War is a sorted out exertion by a legislature or other vast association to stop or annihilation something that is seen as perilous or awful. It is for the mostRead MoreCompare and Contrast Dulce Et Decorum Est and Charge of the Light Brigade1442 Words   |  6 PagesCompare and contrast â€Å"Dulce Et Decorum Est† and â€Å"Charge Of The Light Brigade†. What images of war do these two poems convey? We have been studying the war poems Dulce Et Decorum Est by Wilfred Owen and Charge Of The Light Brigade by Alfred Lord Tennyson. Dulce Et Decorum Est was written during the First World War from 1914 to 1918 whilst Charge Of The Light Brigade was composed in the 19th century, and describes a battle that took place during the Crimean War. Both poems give a different impressionRead MorePoetry Comparison Essay1369 Words   |  6 PagesPoetry Comparison There have been many wars throughout time. Most people learn the facts through: papers, films, books or poems, but I am comparing two similar poems which have different meanings. Wilfred Owen who wrote the poem Dulce et Decorum est or Lord Alfred Tennyson who wrote The Charge of the Light Brigade. They are both based around the theme of war. Lord Alfred Tennyson is pro war and thinks its a good thing to die for your country. His poem was writtenRead More Compare and Contrast Tennysons The Charge of the light brigade1300 Words   |  6 PagesCompare and Contrast Tennysons The Charge of the light brigade with Owens Dulce et Decorum est. War, what does this word mean? The dictionary meaning of war is a conflict between one or more nations. Many people think war is a way of solving futile problems that rise between nations. The true meaning of war to me is the destruction of entire civilisations and of humans, war takes in brave strong and glorious men and women and spits them out as fragile haggard ruins of men and women. TheRead MoreDulce Et Decorum Est2365 Words   |  10 Pagesforce we call propaganda. â€Å"Dulce et Decorum est pro patria mori† is a controversial phrase used to describe the benefits of going to war. It has different translations but it basically states â€Å"it is sweet and fitting to die for one’s country†, this is just one of the many techniques a nation could use to shade the soldiers to the harsh reality of war. In this essay I will be evaluating two poems Dulce et Decorum est and The Charge of the Light Brigade. â€Å"Dulce et Decorum† est is a poem about war written

A Holistic View Means That We Are Essay - 1357 Words

A holistic view means that we are interested in engaging and developing the whole person. You can think of this as different levels, physical, emotional, mental and spiritual. It s the concept that the human being is multi-dimensional. We have conscious and unconscious aspects, rational and irrational aspects. A holistic pregnancy and childbirth recognizes the impact of the mind and spirit, as well as the physical body, on the experience of pregnancy and birth. Physical health, values and beliefs, relationships, emotional wellbeing, and spirituality all affect pregnancy and birth. In turn, the experiences of pregnancy and birth influence body, mind, and spirit. Trusts the natural progression: A holistic approach to pregnancy and childbirth also recognizes that a woman s body is naturally designed to conceive, nourish, and give birth to a baby. It trusts the natural progression of pregnancy and labor. Distinguished from natural childbirth. Natural childbirth is a term that holds many different meanings to women and healthcare providers. To some, it means a complete avoidance of medication or interventions. To others, it simply means that a woman gave birth vaginally as opposed to having a cesarean section. IncorporatesShow MoreRelatedDifferent Definitions Of Gestalt And Holistic Essay1732 Words   |  7 PagesOur use of the terms Gestalt and Holistic We use two definitions for both gestalt and holistic. Gestalt and holistic are sometimes used synonymously but we look at them as something separate within the realm of the Framework method. Gestalt a) Gestalt: something that is made of many parts and yet is somehow more than or different from the combination of its parts; Perception and therefore awareness are critical components of Gestalt. Basically, we want a Gestalt approach to change perceptionsRead MoreMental Health Nursing Essay1248 Words   |  5 PagesNursing practice has revolutionized itself throughout the years. Today we realize the causes of current illnesses as complex and multifaceted (source). In past models, for instance the medical model, the approach was straightforward and neglected the patients active involvement in their care; the patient was viewed as the passive recipient and the doctor, an active agent that â€Å"fixed† their patients. ( source). New developed models since then, such as the biopsychosocial model, show us that careRead MoreMy Values And Beliefs Of Nursing1170 Words   |  5 Pagesof Nursing Everyone’s values and beliefs about the profession of nursing are all different. The four concepts of nursing are interrelated and all mean something different to every person, too. Throughout this paper, I will be reflecting on my values and beliefs about nursing through the four concepts while comparing them to a nursing theorist with views that are most similar to my own. My Values and Beliefs of Nursing I choose nursing as my future career because I enjoy working with others, helpingRead MoreHuman Beings are Under Constant Stress752 Words   |  3 Pagesinstances and circumstances we encounter throughout our quotidian life – this is the mindset of the holistic practitioner. Comprised of many complex components working in harmony with one another the human being is under constant stress. The stress of work, of school, of husbands and wives strain those mentioned equilibriums to their extent and enact illness directly due to those imbalances. One way to remedy this imbalance is that of the Holistic approach. Holistic medicine includes: acupunctureRead MoreHolistic Nurse Self-Reflective Assessment Essay1157 Words   |  5 PagesHolistic nursing to me is a practice of applying both subjective and objective patient assessment into the plan of care. Not only do we need to look at the physical condition of the patient, but also their social and environmental factors that influence their state of health. When this application process is incorporated into the patient plan of care, we are incorporating all aspects of the patient’s life that help define and create their ideal state of health. In review of several nursing theoriesRead MoreAlfred Adler s Theory Of Psychology894 Words   |  4 Pagesmore so than Freud, which may be the reason why they both parted ways. Alfred Adler had a more of a holistic approach type theory of psychotherapy, a different worldview, which reflected a more philosophical way of living. Despite theoretical differences with Freud, Adler went on to establish a School of Individual Psychology. The reason that I chose this theory is his approach to a holistic theory approach, as well as his approach to psychotherapy and psychopathology. From a scientific perspectiveRead MoreThe Spirit Catches You And You Fall Down968 Words   |  4 PagesSpirit Catches You and You Fall Down â€Å"Medicine was religion. Religion was society. Society was medicine† (Fadiman, 1997). To the Hmong’s, this is a way of life. Everything in their culture is interrelated and represents a holistic view. As Americans, we try to incorporate the holistic approach into our health care system, but heavily rely on medications and science to treat illness. Arthur Kelinman developed the explanatory model of illness which incorporates a series of questions that is unique toRead MoreApproaches to Health1526 Words   |  6 Pagesthat â€Å"In sociological terms ‘health’ and ‘illness’ are contested concepts. This means that the general meaning of these words should not be taken for granted. Negative Definition of Health The negative model is based on the idea that health is the opposite of disease. The definition believes that disease is a biological state where the individual is afflicted by a physical condition or illness (Walsh, 2011: 325). It views the body as a machine that may malfunction at times, because for some reasonRead MoreTheory as an Important Paradigm of Modern Nursing1073 Words   |  4 Pagesto have a means and template from which to help make decisions for the patient. One theoretical maxim important to modern nursing is that of Family Systems Theory, and its offshoot, Family Stress Theory. One theory, the Family Systems Theory was proposed by Karl Ludwig von Bertalalanffy, an Austrian Biologist. This theory is an interdisciplinary practice that describes systems that have numerous spokes, or interacting components. The origins of the theory came from Bertalanffys view that the basicRead MoreEvaluate The Role Of The Early Years Practitioner In Supporting Childrens Holistic Development Essay806 Words   |  4 Pagesfeelings and behaviour and making relationship with others. The EYFS states and practitioners can help parents and children by the following factors: †¢ Encouraging children and families to have a strong cultural identity †¢ Respecting and listening to the view of parents †¢ Encouraging a sense of belonging for children and families †¢ Making opportunities for children to be successful †¢ Understanding why happy, sociable children learn better †¢ Understanding and managing the behaviour of children and staff

Massachusetts Law Free Essays

If guests harm themselves or others, after consuming alcoholic drinks at the host’s dwelling, then under certain circumstances, the host can be made responsible for such harm. The liability that arises can be either civil or criminal and the penalties imposed could range from imprisonment or community service to fines. In most of the States of the Union it has been deemed to be a crime to violate social host laws (Harvard College. We will write a custom essay sample on Massachusetts Law or any similar topic only for you Order Now Social Host Liability Law). The McGuiggan v. New England Tel case of Massachusetts discussed the question of social host liability. This case was based on incidents that transpired in the year 1978. Daniel the son of the McGuiggans had completed his high school studies successfully. In order to commemorate this occasion the McGuiggans held a party in which alcohol was served to the guests. Most of the guests were the classmates of Daniel and one of them, by the name of James Magee, who had   consumed alcoholic drinks before attending the party was offered some more drinks by the McGuiggans (McGuiggan v. New England Telephone and Telegraph, Co). After some time had elapsed, Daniel, Magee and two other guests went for a drive in a car. While travelling in this fashion, Daniel leaned out of the car window in order to vomit, whereupon his head collided with a cement post belonging to the New England Telephone company. The result injury proved to be fatal. Subsequently, the McGuiggans filed a case against the New England Telephone company. This company contended that the plaintiffs were liable for prosecution due to their being the social hosts of the drunken Magee. This was not accepted by the court, which decided in favor of the McGuiggans, because it could not be established that the McGuiggans were aware that Magee was drunk (McGuiggan v. New England Telephone and Telegraph, Co). The statute in this context was amended in the year 2000, consequent to the death of a drunken minor who had been involved in a fatal driving accident. The current legal position obtaining in this regard is that a parent who permits or condones the consumption of alcoholic drinks to minors is criminally liable. Hitherto fore, criminal liability was attendant only upon the actual offer of alcoholic drinks to a minor (Mass.Gen.Laws.ch.138). Since there has been no reduction in the number of cases involving drunken driving by minors, it would be extremely dangerous to make the law in respect of social host liability less stringent. The need of the hour is to make the punishment much more stringent and in addition, the offenders should also be made liable according to   the negligent per se standard, as is extant in some of the other States of the Union. Works Cited Harvard College. Social Host Liability Law. 30 September 2004. 28 September 2007 http://lowell.harvard.edu/party/Social_Host_Liability_Law.pdf. â€Å"Mass.Gen.Laws.ch.138.† 2004. McGuiggan v. New England Telephone and Telegraph, Co. No. 398 Mass. 152 496 N.E.2d 141 . 1986.    How to cite Massachusetts Law, Essay examples

Sub issue and recommendation for Biovail Case Essay Example

Sub issue and recommendation for Biovail Case Essay Sub issue: Other than having fraud conducting of revenue recognition, Biovail Corporation also has overestimated the amount of Wellbutrin XL on the truck. The company estimated that revenue associated with this shipment was in the range of $10 million and $20 million and confirmed that the manufacturing cost value of this shipment had been fully insured. The trooper estimated that the truck was about one-quarter full. After the investigation done, the analyst stated if there had been $20 million worth of Wellbutrin XL pills on the truck, it would have been full or nearly full. In addition, Biovail Corporation also has expired of Legacy product patents. The Legacy product portfolio included the well-known brands Cardizem CD, Ativan, Vasotec, Vaseretic and Isordil. These products were not actively promoted by Biovail and represented non-core assets for which patent protection had expired. However, sales of Cardizem CD have represented 40% of product sales at Biovail. Biovail Corporation also having problem in report the revenue because it based on channel stuffing. Channel stuffing is the action sends the distributor more product than they are able to sell in order to increase earning. Distributors hold the excessive amount of product. We will write a custom essay sample on Sub issue and recommendation for Biovail Case specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Sub issue and recommendation for Biovail Case specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Sub issue and recommendation for Biovail Case specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The conflict of the self-interest is the one of the issue that will be arise as the CEO of the company has the share in Biovail Corporation. Recommendation Have the code of ethics. Biovail Corporation should have the code of ethics in it management. In calculating revenue, FOB structure of the product should have been understood in the deep. The overestimated of the product quantity should be avoided because it can lead to bad reputation of Biovail Corporation. The overestimated of quantity of product in the truck that are involved in accident has make the public look at the Biovail Corporation as the firm that are not have the ability in having efficiency management. Other than that, it will give bad reputation because public seen Biovail lied as to get the insurance claim. Biovail Corporation also should follow conservatism principle in record the loss and revenue in uncertainty situation. Have the code of ethics to understand each product term and ethics according to the  accounting principles. This ethics code can save the company from doing the fraud. Renew the legacy product patent Biovail Corporation should renew the legacy product patent. From the case, these products were not actively promoted by Biovail Corporation and represented non-core assets for which patent protection had expired. This situation will lead the competitor to compete with Biovail. Biovail should be caution because one of the legacy products, Cardizem CD has representing 40% of product sale in it firm. So, renew the patent will maintain this percentage of product sale. Having the Good Corporate Governance Structure Biovail Corporation should investigate the background of the Corporate Governance before hire. It must be make sure that they are independent and free from bias.