Sunday, December 29, 2019

Tornado Dangers and Quick Safety Tips

Perhaps one of the most feared weather anomalies is the tornado. The unpredictability of a tornado produces terror in many families. Some people are so afraid they develop a phobia called lilapsophobia. A large part of this fear stems from the fact that tornadoes can develop with little warning and are extremely violent.   Tornadoes Cause Damage in Three Ways Strong Winds:  The strong winds of a tornado can rip just about anything off of the ground including trees, vehicles, and even houses. The winds inside of tornadoes travel at over 310 miles per hour. Even weak tornadoes can pull shingles and siding off of houses.Debris:  The second damaging effect of tornadoes is actually from the debris that the storm picks up. People have been buried alive by houses or mud picked up and then dropped by a tornado. Smaller objects become damaging projectiles when thrown by tornadoes. One tornado took a child’s bicycle and wrapped it around a tree!Hail and Lightning:  It is not only the wind that causes damage in a tornado, but also the hail and lightning that the storm produces. Large hailstones can damage cars and injure people, and lighting can cause fires and electrical problems. The Environment Suffers From Tornadoes Tornadoes produce devastating effects on the environment. They can uproot trees, cause mass migrations of animals, and destroy the habitats of local wildlife. Family Safety During a Tornado If there is a tornado approaching, what safety measures should you take? First, it is important to realize that there is no specific way to know if a storm is going to produce a tornado. Meteorologists have developed warning systems that tell them if a storm is capable of producing a tornado.   During severe weather, have a weather radio on.  They are relatively inexpensive and could save your life. If you hear the announcer say there is a tornado watch, that means the conditions are correct for forming a tornado. A tornado warning means a tornado has been spotted. If you hear a tornado warning, you may be in danger! If You Hear a Tornado Warning... First, find shelter in the lowest possible place, such as a basement. If your home does not have a basement, go to the innermost room. Stay clear of windows or anything heavy like furniture or appliances. A bathroom is a good location. Take your battery-powered weather radio to your shelter and turn it on. Kneel on the floor and cover your head with your hands. This is the best position to be in to avoid damage during a tornado. Should you be caught out in the open with a tornado approaching, do not try to outrun the storm. Find a low lying spot such as a ravine and crouch down with your arms over your head. Because tornadoes are so unpredictable, you are in much more danger if you try to outrun them. While tornadoes cause much damage in the areas where they hit, one good thing about tornadoes is that the area they damage is relatively small. If you take a few safety precautions, you have the best chance of making it through a dangerous tornado. Resources and Further Reading The Weather Watchers Library: Tornadoes by Dean GalianoTornado Alert! By Wendy Scavuzzo   Edited by Tiffany Means

Saturday, December 21, 2019

Arguments for Capital Punishment - 852 Words

Capital punishment is the death penalty .Capital Punishment is the lawful infliction of death as a punishment and since ancient times it has been used for a wide variety of offences. As real justice requires people to suffer for their wrong doing, and to suffer in a way appropriate for the crime. Each criminal should get what their crime deserves and in the ease of a murderer what their crime deserves is death. Capital punishment permanently removes the worst criminals from society and should prove much safer for the rest of us than long term or permanent incarceration. It is self-evident that dead criminals cannot commit any further crimes, either with prison or after escaping or after being released fromit.The crime of rape ,torture ,treason,kidnapping, murder, larceny , and perjury pivot on a moral code that escapes apodictic (indisputably true) proof by expert testimony or otherwise. But communities would plunge into anarchy if they could not act on moral assumptions less certain than that the sun will rise in the east and set in the west . Capital punishment is often justified with the argument that by executing convicted murderers, we will deter would-be murderers from killing people.Deterrence is most effective when the punishment happens soon after crime-to make an analogy, a child learns not to put their finger in the fire ,because the consequence is quick pain. As evidenced by Singapore’s low crime rate ,simply having capital punishment for the criminals. So itShow MoreRelatedThe Capital Punishment Arguments888 Words   |  4 PagesDEATH PENALTY ARGUMENTS Introduction to the Issue Capital punishment is one of the most controversial issues in contemporary American criminal justice administration because it consists of the purposeful taking of the life of another. On one hand, killing for any reason besides the absolute necessity of self-defense violates the moral principles upon which modern society is built. On the other hand, there are criminals whose conduct (including the wanton murder of others) justifies suspensionRead MoreArgument For Capital Punishment889 Words   |  4 Pagesdiscussing whether the death penalty is wrong. I will be arguing in favor of capital punishment and will be presenting several arguments to back up my position. First, an understanding of what the death penalty is and why it is used currently needs to be established. The death penalty has been around almost as long as humans have. It is a form of punishment that is a deterrent for other criminals. Also, capital punishment is a way to prevent the criminal being put to death from c ommitting any furtherRead MoreThe Argument Of Capital Punishment1922 Words   |  8 PagesThe Argument of Capital Punishment There not many issues in the criminal justice system that have caused more heated discussions and arguments as consistent and strong as that of the argument of capital punishment. Capital punishment (death penalty) is one of the most critical issue that has strong defenders and opponents. This kind of punishment is the most severe form in the U.S. todays and it has different type which lethal injectionRead MoreThe Arguments Surrounding Capital Punishment907 Words   |  4 PagesTheory of Retribution The arguments surrounding capital punishment have focused primarily on its ability to provide general deterrence. Instead of focusing on a purely utilitarian aspect of capital punishment, it may be useful to analyze the death penalty through a morality perspective. The idea of retribution often carries a negative connotation because of its equivocation with the concept of revenge. While they may externally seem similar, they are far from analogous when analyzing the underlyingRead MoreArgument for Capital Punishment Essay935 Words   |  4 PagesArgument for Capital Punishment If it were up to me, every murderer in this country would be put behind bars on death row and have their life taken from them just as they took the life of another. The guidelines of an eye for an eye go back thousands of years. Many countries still hold true to these guidelines. Although America doesnt follow the same as these countries, I believe when it comes to murder, they should. Putting people to death for committing murder makes other potentialRead MoreTruman Capote Arguments On Capital Punishment811 Words   |  4 PagesTruman Capote’s Argument on Capital Punishment In Truman Capote’s Novel, In Cold Blood, Capote synthesises the writing techniques of a reporter and an author to tell the horrific and true story of the Clutter family murders. Capote uses comparison, selection of detail, and understatement to pose his argument that capital punishment is not a correct practice. Upon murdering the Clutter family, Perry Smith and Richard â€Å"Dick† Hickock are housed in a jail as they await their trial, which would bestowRead MoreRogerian Argument: Capital Punishment Essay641 Words   |  3 Pageshave been passionately debating the subject of the capital punishment, which has only served to create more divisions within our society. It is an extremely sensitive subject, and one that inspires strong emotions in both directions. Like abortion, gun laws, and the war on terrorism, capital punishment is an issue on which everyone is never likely to agree. If we examine some arguments presented from both sides, opponents of the capital punishment claim that executing someone is nothing more thanRead MoreArgument Against Capital Punishment Essay1096 Words   |  5 Pageshappiness—that is unless youre on death row. In modern day America we are still faced with the antiquated ritual of capital punishment, a practice that interferes directly with the law of the land. The same forms of punishment used during the middle ages are still in effect today, the same ideas that should have been abolished had the U.S. government revised its penology. Capital punishment is cruel as well as unusual and inadequate for our advanced society. The United States is known world wide as aRead More Argument for The Abolishment of Capital Punishment GCSE1179 Words   |  5 Pageslife be worth more than another?s? Would you like to have your dignity, and even your basic human rights to stripped away from you at the flick of a switch or the pull of a tri gger? What is the point in Capital punishment when it doesnt even deter crime? A study into the effect of Capital Punishment said, the presence of the death penalty in law and practice has no discernible effect as a deterrent to murder. How does this serve as a deterrent to crime? It offers the convict an easy way out withRead MoreComparing Two Arguments on Capital Punishment Essay890 Words   |  4 PagesComparing Two Arguments on Capital Punishment In these two short essays, one by Anthony G. Amsterdam and another by Ernest Van Den Haag both authors make two very important views. Although one supports capital punishment and one is against capital punishment, both authors have good reasons to support their case. Amsterdam believes that capital punishment is a brutal process that a murderer has to go through. Amsterdam believes that the murderer should be punished for their actions, but

Friday, December 13, 2019

Contract and Demand Free Essays

This is a case of a sales firm which operates for 203 days in a year. Each day the firm operates, it generates revenue (profit) of Rs. 10 Lac. We will write a custom essay sample on Contract and Demand or any similar topic only for you Order Now At the beginning of the year, the employees’ union confronts the management of the sales firm over wages and the union presents its demand. The management either accepts this, or rejects it and returns the next day with a counteroffer for wage to be paid to the employees. The firm can open and start functioning only after an agreement on wage is reached between the management and the union. As per the prevailing law in the state and the industry, it is the union’s turn to present its demand on the first day/round of negotiation. At this point the management may either accept or reject the demand made by the union and wait till the next (second day of the year) day to come with its offer. Where again the union has the choice to either accept or reject the offer made by the management and go on to the next (third day of the year) day to make their demand to management. The rounds of negotiation may go on and on till the last day unless an agreement is reached between the parties over wage. x 5 = 20 (Please indicate the demand and offer in Rupee value and indicate the pay off for both union and management as [a, b] where a = union’s pay off and b = management’s pay off) a. What would be the union’s wage demand on the 1st day/round of wage negotiation between management and union, and in case management accepts it what would be the managementâ₠¬â„¢s pay off from such negotiation? b. Who would make an offer or place a demand on the 4th day/round of wage negotiation? What would be the offer / demand? What would be the pay off of each party (union and management) in case the offer / demand made is accepted by the other party? . Who would make an offer or place a demand on the 200th day/round of wage negotiation? What would be the offer / demand? What would be the pay off of each party (union and management) in case the offer / demand made is accepted by the other party? d. Who would make an offer or place a demand on the 203rd day/round of wage negotiation? What would be the offer / demand? What would be the pay off of each party (union and management) in case the offer / demand made is accepted by the other party? Name- SID- SMS ID- Centre Name- How to cite Contract and Demand, Essay examples

Thursday, December 5, 2019

Project Finance

Question: Case study on Project Finance. Answer: Project Finance Project finance refers to the financing of infrastructural construction and industrial projects on a long term basis. The funding of the projects is based on the financial structure of limited recourse. The cash flow obtained fr4om the object is then used to repay the debt that was used to fund the project. The reasons why public-private partnerships (ppp) are common in project finance. Public-private partnerships are common in project finance because of the benefits that come with such partnership. In most cases, the projects are huge and can take several years to be completed. The projects always require financing that runs into billions of dollars. Considering the sizes of the projects and the amount of financial funding that is involved, most of the projects are owned jointly. Public and private partnership, therefore, tends to be common in the financing of such projects. The two partners consult each other in their control of the project. The joint ownership has the following advantages: Joint ownership allows for sharing of risk between the partners. The public and private partners would be able to share risks that may be associated with the project finance. It is always very tricky if a risk arises when the sponsors of project finance have pledged that they would guarantee the completion of a project. The partnership would reduce the cost involved. The two partnerships would jointly raise the total amount of money needed to alleviate the risk. According to (Puentes, 2016, pg. 41), Joint partnership of sponsors also allows sharing of ideas and knowledge. The exchange of ideas generates new skills that may be of great benefit in the financing and development of the project. Financial skills, as well as operational skills, can all be shared between the sponsors. The project may be so massive that it cannot be funded by a single private company or a single public institution. It is, therefore, necessary for the sponsors to join hands together and raise the needed amount of money. The partnership would enable the sponsors to raise the needed amount of money without any problem. A project site may also be immense such that a single sponsor may be unable to marshal the managerial capacity that is required. The partnership would hence enable the sponsors to share the managerial task. They would then be able to manage the project with ease. Greater commitment is likely to attract project lenders to release money with ease. The partnership between a public and a private sponsor is an evidence of significant commitment. (Fhwa, 2012, pg. 15), confirms that development of some projects may demand that the sponsors lease some of their assets. Lesser partners may not have enough assets that can be leased. However, sponsorship partners drawn from the public and the private sectors would obviously have the capacity of owning several assets of huge value. They would hence not face any problem when it comes to the leasing of some of their property. The task of project finance demands specialization of the highest order. There must be an availability of financial experts as well as technical experts. The lending firm would first assess the level of experts in place to judge the expected projects productive capacity. A sponsor would require engineers, financial consultants, accountants, lawyers, auditors and environmentalists among other experts. Such experts can only be withdrawn from the public sector in collaboration with the industry. Public-private partnership in project finance, therefore, makes it quite easy to access such experts and at reasonable costs. Risks Related to Public-Private Partnerships There is the need for identification of risks that may be associated with a project throughout its life to have a successful project. The identified risks must then be evaluated and managed well. A public urgency must address all the obstacles that may hinder the project from being successful. An available opportunity must also be used effectively to improve success. Public-Private Partnership in itself is a way of risk management. There are several risks that are associated with public-private partnerships. (Fhwa, 2012, pg 34), states that, most of the risks can be used to assess that the loan borrower can also be exposed to too. However, project finance is more prone to the risks. The case of project finance arises because the borrower doesnt possess assets that can be used as security. The lender will hence incur high losses if the borrower defaults to repay the loan. Lenders must, therefore, be very conservative when carrying out their calculations. The case will not be the same if the loan is secured because the associated risks would have been minimized. The recoverable resource is an example of the risks. The lender has to find out whether the amount of the resources can adequately cover all the commitments if the prices of the resources fall. However, the lender may seek revenue guarantee from the government authority if the development project is to the public for example infrastructure and generation of electricity. The other risks are as follows: Political will According to (Puentes, 2016, pg. 37), senior government officials must offer their support from the government must provide their support for the project for it to be successful. Such support must come from both the executive wing of the government and the legislative wing too. Lack of government commitment may lead to the withdrawal of the private partners from the implementation of a project. An agreement may be reached between the government and the private partner, but some government officials may simply block the allocation of funds meant to finance a project. The project may eventually be canceled. Such cancellation of projects arising from non-commitment from the government may make private partners shy away from partnering with the government again. Regulatory risks (Nettler, 2016), states that, regulatory risks arise when inappropriate project framework has been put in place. The government and the private partners should come up with clear regulations that are meant to govern the development of the project right from the beginning to the end. The government should not come up with restrictions of any kind once regulations have been agreed and put in place. Any further restrictions may be judged as non-commitment. Site Risk Several risks may arise from the site where the project is to be developed. The suitability of the place may prove to be a major challenge. The presence of archeological remains and unfavorable geological conditions may prevent the implementation of the project. The poor relationship between the government and the residents may also cause problems. The residents may become hostile towards the implementation of the project. Community relationship must, therefore, be taken into consideration before the implementation of any project in a given area. Successful Factors in Public-Private Partnership Selection of politically smart projects (Xhang, 2016), states that, it is important to understand the existing political environment before choosing a project. Despite the fact that the public would retain ownership of the project, the private partners also have control over the project. The partners should, therefore, come up with a project that would be supported by the majority of the political stakeholders. Such support would facilitate successful implementation of the project. The lenders would also be willing to allocate financial resources for the development of the project. Understanding the needs of the Private Sector The public partner should come up with projects that are in the interest of the private sector. The sector would never enter into a partnership to develop a project that they consider a threat to the public. Transparent procurement process Project finance involves an enormous amount of money. It, therefore, involves competitive procurement procedures. (Puentes, 2016, pg 22), confirms that transparency should be upheld during the entire process. Issues of corruption in during the acquisition process may lead to an abandonment of the whole project. The procurement process is a sensitive stage and should be carried out with maximum care to ensure the success of the project. Reference list GAO, 2014. Bank Capital Reforms: Initial effects of Basel on Capital, Credit and International Reforms. United States Government Accountancy Office Apra, 2012.Regulation Impact Statement: Implementing Basel III Capital Reforms in Australia. Basel Committee Fecility Barker, 2015. The Reserve Bank Application of the Basel III Requirement for Banks. Australian Reserve Bank Kevin Davis and Mark Lawrence, 2015. Australian Banking. Monash University Press iCreate, 2016. Basel III. Basel III Committee, 2016. World Finance on Basel III. Patrick Sabol and R. Puentes, 2016. Private Public Capital Good. Brookings Education Jonathan Nettler, 2016. 6 Risks of Public-Private Partnership.