Wednesday, May 6, 2020
Oppression on Women in Margaret Atwoods the Handmaids...
Oppression on Women in Margaret Atwoods The Handmaids Tale and Marjane Satrapiââ¬â¢s Persepolis Persepolis, by Marjane Satrapi, is memoir of a little girl growing in Iran. She refers to a secular pre revolutionary time through contrast, the oppressive characteristics of the fundamentalist government upon women in particular. Her work is a lot similar to Margaret Atwoods, A Handmaidââ¬â¢s Tale, in which the protagonist Offred reflects upon her former lifeââ¬â¢s freedom, cherishing her former name and in doing so emphasizes the cloistered and enslaved life that she must now endure. Although both Margaret Atwood and Satrapi show how a totalitarian state oppresses women in different ways by taking away the freedom to think and decide for oneself, bothâ⬠¦show more contentâ⬠¦In Haindmaidââ¬â¢s Tale, women are divided into a small range of social categories, each one signified by a specific-color dress in a similar style: ââ¬Å"[â⬠¦] her usual Marthas dress, which is dull green, like a surgeons gown of the time before. The dress is much like mine in shape, long a nd concealing, but with a bib apron over it and without the white wings and the veil. She puts on the veil to go outside, but nobody much cares who sees the face of a Martha.â⬠(9) Marthaââ¬â¢s are made less by their clothes. When a woman is wearing the green ââ¬Å"Marthaââ¬â¢s dressâ⬠no one is interested in looking at her as a person. She is just a servant. Marthaââ¬â¢s dress makes the woman serviceable not desirable, useful but undesirable. Pride and dignity is taken away from women in Gilead. They are isolated from their families and are tortured by their memories. They are handed a dress code depending on the role they play and are forced to abide by that. After Satrapi designs a new uniform for her school, she says, ââ¬Å"this is how I recovered my self-esteem and my dignity. For the first time in a long time, I was happy with myselfâ⬠(298). Undeniably this dress code in both the books make women no longer an individual but an object for specific use, stripping them of their identities and giving them no choice. Work Cited Atwood, Margaret. The Handmaidââ¬â¢s Tale. New York: Anchor books, 1998. Print. Satrapi, Marjane. Persepolis. New York: Pantheon, 2003.Show MoreRelatedEssay about Handmaids Tale vs Persepolis971 Words à |à 4 PagesDavid Miller Oppression on Women in Margaret Atwoods The Handmaids Tale and Marjane Satrapiââ¬â¢s Persepolis Marjane Satrapi, in Persepolis writes about a memoir of a little girl growing in Iran. She refers to a secular pre-revolutionary time through contrast, the oppressive characteristics of the fundamentalist government upon women in specifics. In comparison, her work is very similar to Margaret Atwoodââ¬â¢s, A Handmaidââ¬â¢s Tale, in which the central character, Offred, reflects upon her former lifeââ¬â¢s
The Big Bang Theory Short Essay Example For Students
The Big Bang Theory Short Essay The Big Bang Why is the Universe expanding? What is Cosmic Back Ground Radiation (CBR)? There are many questions asked about our Universe, which we know so little about. Scientists, in their attempt to answer these and other confrontations, have found one idea that seems to explain much of what we dont understand: The Big Bang Theory. An explosion of incomprehensible speed was the beginning of our known Universe and existence. At that time matter as small as the head of a pin inflated to become larger than the visible Universe of today in less then one millisecond. The newly born Universe cooled very quickly and continued to grow. Still, the heat was too great for normal elementary particles like protons and neutrons to be bound together. Instead, the particles were in their free form and were called quarks. These quarks and the massive amount of radiation released form the explosion made up most of the Universe in the first microsecond. Within the quarks, matter and antimatter (elem entary particles such as protons and electrons, yet with an opposite charge) was distributed in a 2:1 ratio. The matter and antimatter soon began to cancel each other out, for antimatter and matter cannot coexist in close range for more than a few seconds without annihilating each other. Because the matter had more particles then the antimatter, there was a little residue left over. It was this leftover debris that created the galaxies, the stars, the planets, and even you and me. At this point the Universe was one second old, and it began fusing lighter elements like helium. This nuclear activity only lasted a few minutes, but it is one of the reasons the Universe has an abundance of light elements. The Universe continued to grow and cool, later fusing the heavier elements and then what we see around us today. All of it began at the Big Bang. The Big Bang is a well known and believed theory of how the universe was created. It is described as a tremendous explosion that has a certain place and time. In fact, the Big Bang is considered to be the beginning of time as well as the beginning of the universe. Scientists today, dont know what happened before the Big Bang. However, they have concluded that if something had happened, it would not have effected the explosion in any way. Most have agreed that what ever there was, or wasnt before the Big Bang, has no importance and it should be left out of the scientific model of the universe. The Big Bang is therefore considered the beginning of time. There were many people who worked together to come up with the present theory of creation. Edwin Hubble, Arno Penzias, Robert Wilson and Alan Guth all contributed greatly to the formation of t he Big Bang theory. Edwin Hubble used his large telescope to see far away stars and galaxies. He knew that the elements in the stars reflected back specific colors, and you could tell what a star was made of by its color DNA. Hubble noticed that this pattern had been slightly shifted to the red side of the spectrum, otherwise called a red shift. He knew, based on the Doppler effect, that a red shift was caused by the stretched wavelengths of an object moving away from a point. If the galaxies he had observed had shifted to the red side then it meant that they were moving away from Earth. He also discovered that the galaxies were moving away from each other, as well. With these observations in mind, Hubble announced that the universe was expanding. He then came to this syllogism: If the universe is expanding, then at one point it was smaller. The result of his postulations was the Big Bang theory. Another mystery of the universe was the Cosmic Background Radiation (CBR). CBR is made up of photons throughout the universe that are floating for no apparent reason in space. Arno Penzias and Robert Wilson spent their lives trying to explain the origin of this radiation and why it is still existent today. Their discoveries led them to an idea similar to the Big Bang theory. They
Finance Final Exam Winter 2007 Solutions free essay sample
In our example there was a capital loss of $10 given that the selling price of the bond ($1,040) was less than the purchase price of the bond ($1,050). Rate of return = ($70 $10)/$1,050 = 5. 71%. 6. (Q. 2 in B) A bond with 10 years until maturity, an 8 percent coupon rate, and an 8 percent original yield to maturity increased in price to $1,107. 83 yesterday. What appears to have happened to interest rates? Coupons are paid annually. A)Rates increased by 2. 00 percent. B)Rates decreased by 2. 00 percent. C)Rates increased by 0. 72 percent. D)Rates decreased by 1. 50 percent. Answer D $1,107. 83 = $80[pic] i = 6. %, yield to maturity was 8. 0% prior to the price change. Therefore the rates have decreased by 1. 5%. 7. (Q. 3 in B) Which of the following statements is correct about a stock currently selling for $50 per share that has a 16 percent expected return and a 10 percent expected capital appreciation? A)Its expected dividend exceeds the actual dividend. B)Its expected return wil l exceed the actual return. C)It is expected to pay $3 in dividends for next year. D)It is expected to pay $8 in dividends for next year. Answer C Expected return = expected dividend yield + expected capital appreciation 16% = expected dividend yield + 10% % = expected dividend yield $50 share price ? 6% = $3 expected dividend payment 8. (Q. 4 in B) An investor receives a 15 percent total return by purchasing a stock for $40 and selling it after one year with a 10 percent capital gain. How much was received in dividend income during the year? A)$2. 00 B)$2. 20 C)$4. 00 D)$6. 00 Answer A [pic] 15% = [pic] Dividend = $2. 9. (Q. 13 in B) Because of its age, your car costs $4,000 annually in maintenance expense. You could replace it with a newer vehicle costing $8,000. Both vehicles would be expected to last four more years. If your opportunity cost is 8 percent, what would be the maximum annual maintenance expense on the newer vehicle to still justify its purchase? A)$1,250 B)$1,585 C)$2,000 D)$2,415 Answer B $8,000 = Annuity [pic] = Annuity [3. 3121] = $2,415. 39 When combined with the annuitized cost of the vehicle, any annual expense over $1,584. 61 would place the total annual expense of the new vehicle over $4,000. 10. (Q. 14 in B) The profitability index for a project costing $40,000 and returning $15,000 annually for four years at an opportunity cost of capital of 12 percent is: A)0. 139 B)0. 320 C)0. 500 D)0. 61 Answer A PV = $15,000 [pic] = $15,000 [3. 0373] = $45,560 and NPV = $45,560 $40,000 = $5,560. Profitability index = $5,560 / $40,000 = 0. 139. 11. (Q. 15 in B) What is the minimum number of years that an investment costing $500,000 must return $65,000 per year at a discount rate of 13 percent in order to be an acceptable investment? A)8. 69 years. B)14. 00 years. C)27. 51 years. D)An in finite number of years. Answer D NPV = ($65,000 / 0. 13) $500,000 = 0. 12. (Q. 16 in B) You can continue to use your less efficient machine at a cost of $8,000 annually for the next five years. Alternatively, you can purchase a more efficient machine for $12,000 plus $5,000 annual maintenance for the next five years. At a cost of capital of 15 percent, you should: A)Buy the new machine and save $388 in equivalent annual costs. B)Buy the new machine and save $600 in equivalent annual costs. C)Keep the old machine and save $388 in equivalent annual costs. D)Keep the old machine and save $580 in equivalent annual costs. Answer D The PV of total cost of the more efficient machine is $28,760. 78, which translates into an EAC of $8,579. 79, which is $579. 9 higher than the annual cost associated with the less efficient machine. 13. (Q. 17 in B) What is the approximate IRR for a project that costs $100,000 and provides annual cash inflows of $30,000 for six years? A)19. 9 percent B)30. 0 percent C)32. 3 percent D)80. 0 percent Answer A Use the following information to answer Questions 14 ââ¬â 17 (Questions 9 ââ¬â 12 in Type B). Jensen Industries is considering purchasing a new Numerically Controlled Drilling Press. The press costs $100,000, and belongs to a 15% CCA rate asset class (declining balance method) and the half-year rule applies. The press is estimated to have cash flow savings of $34,000 per year for 6 years and will require an immediate increase in Net Working Capital of $5,000, which will be recovered when the machine is sold at the end of year 6. Initially assume there is zero salvage value. The discount rate is 10% and the tax rate is 40%. 14. (Q. 9 in B) What is Jensenââ¬â¢s CCA in Year 1 and Year 2? A) $7,500; $12,750 B) $7,500; $13,875 C) $15,000; $12,750 D) $15,000; $13,875 Answer B CCA in year 1 = $100,000 x ? x 0. 15 = $7,500. CCA in Year 2 = $(100,000-7,500) x 0. 15 = $13,875. 5. (Q. 10 in B) What is the present value of Jensenââ¬â¢s CCA tax shield? A) $5,367 B) $11,667 C) $19,419 D) $22,909 Answer D [pic] 16. (Q. 11 in B) Should Jensen accept the project? A) Yes, because the NPV is positive, and it exceeds $10,000. B) Yes, because the NPV is positive, although it is less than $10,000. C) No, because the NPV is negative, and it is between 0 and -$10,000. D) No, because the NPV is negative, a nd it is between -$10,000 and -$100,000. Answer B NPV=-$105,000 + $34,000(1-0. 40)(PVIFA6yr,10%) + $5,000 (PVIF 6yr,10%) + $22,909 = $9,578. 69. Year |0 |1 |2 |3 |4 |5 |6 | |Savings | |34,000 |34,000 |34,000 |34,000 |34,000 |34,000 | |Tax @ 40% |à |13,600 |13,600 |13,600 |13,600 |13,600 |13,600 | |After-tax savings | |20,400 |20,400 |20,400 |20,400 |20,400 |20,400 | |Capital Investment |-100,000 | | | | | | | |Change in NWC |-5,000 |à |à |à |à |à |5,000 | |CFs Excluding CCATS |-105,000 |20,400 |20,400 |20,400 |20,400 |20,400 |25,400 | |Discounted CFs |-105,000 |18,545 |16,860 |15,327 |13,933 |12,667 |14,338 | |PV of CCATS |22,909 |à |à |à |à | | | NPV |$ 9,578. 69 |gt;0 | | | | | | 17. (Q. 12 in B) By how much will the NPV increase if Jensen is able to obtain a $10,000 salvage value at the end of Year 6? A) $1,824 B) $4,290 C) $5,645 D) $6,000 Answer B NPV increase = PV of salvage value ââ¬â PV of lost CCATS due to salvage value [pic] 18. (Q. 23 in B) What happens to the NPV of a one-year project if fixed costs are increased from $400 to $600, the firm is profitable, has a 15 percent tax rate and employs a 12 percent cost of capital? A)NPV decreases by $200. 00. B)NPV decreases by $170. 00. C)NPV decreases by $151. 79. D)NPV decreases by $116. 07. Answer C |Fixed costs |+$200 | |Profit before tax |-$200 | |Taxes | -$30 | |change in cash flow= -$200 + $30 = -$170, which discounts to -$151. 79. 19. (Q. 24 in B) Fixed costs including depreciation have increased at Leverage, Inc. from $4 million to $6 million in an effort to reduce variable costs. What must the new variable-cost percentage be to leave accounting break-even at $20 million? A)60 percent B)65 percent C)70 percent D)75 percent Answer à à C Old: [pic] = $20 million variable costs = 80%. New: [pic] = $20 million x = 30%. Therefore, variable-cost percentage must reduce from 80 percent to 70 percent to leave the accounting break-even revenues unaffected. 20. (Q. 25 in B) Approximately how much was paid to invest in a project that has an NPV break-even level of sales of $5 million, annual cash flows determined by: 0. 1 ? sales ââ¬â $300,000, a six-year life, and an 8 percent discount rate? A)$416,667 B)$924,576 C)$1,016,678 D)$2,311,450 Answer B PV (cash flows) = investment [pic] (0. 1 x $5 million ââ¬â $300,000) 4. 6229 ($200,000) = $924,576 21. (Q. 26 in B) What percentage change in sales occurs if profits increase by 3 percent when the firms degree of operating leverage is 4. 5? A)0. 33 percent B)0. 67 percent C)1. 50 percent D)3. 33 percent Answer B DOL = [pic] = [pic] % change in sales = 0. 67%. 22. (Q. 18 in B) If an assets expected return is 10 percent, which represents a 20 percent return in a good economy and a 5 percent loss in a bad economy, what is the probability of a good economy? A)60. 00 percent B)40. 00 percent C)33. 33 percent D)18. 33 percent Answer A p: probability of a good economy; 1-p: probability of a bad economy. It follows that: 10% = 20% ? p + (-5%) ? (1- p) ( p = 60%. 23. (Q. 19 in B) What is the approximate standard deviation of returns for a one- year project that is equally likely to return 100 percent as it is to provide a 100 percent loss? A)0 percent B)50 percent C)71 percent D)100 percent Answer D Mean = (0. 5 ? 100%) + (0. 5 ? (ââ¬â100%)) = 50% ââ¬â 50% = 0%. Variance = [pic]= [pic] = 10,000 Standard deviation = [pic]= 100%. 24. (Q. 20 in B) What is the approximate variance of returns (in percentages squared) if over the past three years an investment returned 8. 0 percent, -12. 0 percent, and 15. 0 percent? A)31 B)131 C)182 D)961 Answer B Mean = [pic]= 3. 67%. Variance = [pic] = [pic] = 130. 89 percentages squared. 25. (Q. 21 in B) What is the standard deviation of a five-stock portfolio that produced portfolio returns of -4%, 2% and 5% with equal probability? A) 2. 90% B) 3. 24% C) 3. 74% D) 4. 58% Answer C The equal probability is 1/3. The portfolio expected return = (1/3)(-4% + 2% + 5%) = 1%. The portfolio variance = (1/3)[(-4%-1%)2 + (2%-1%)2 + (5%-1%)2] = 14 percentages squared = 0. 0014. Taking the square root of the portfolio variance, we find that the portfolio standard deviation is 3. 74%. 26. (Q. 22 in B) What is the expected rate of return on a portfolio that will decline in value by 13 percent in a recession, will increase by 16 percent in normal times, and will increase by 23 percent during boom times if each scenario has equal likelihood? A)8. 67 percent B)13. 00 percent C)13. 43 percent D)17. 33 percent Answer A Expected return = [pic]= [pic]= 8. 7%. 27. (Q. 31 in B) If a stock consistently goes up (down) by 1. 6 percent when the market portfolio goes down (up) by 1. 2 percent then the stockââ¬â¢s beta: A)equals 0. 75. B)equals 1. 33. C)equals -0. 75. D)equals -1. 33. Answer D It is obvious that the stockââ¬â¢s beta should be negative. Also the stock is an aggressive stock. The beta of the stock is ââ¬â 1. 6% / 1. 2% = -1. 33. 28. (Q. 32 in B) Which of the following statements is correct when Treasury bills yield 7. 5 percent and the market risk premium is 9. 5 percent? A)The SP 500 would be expected to yield about 8. 50 percent. B)The SP 500 would be expected to yield about 9. 50 percent. C)The SP 500 would be expected to yield about 12. 68 percent. D)The SP 500 would be expected to yield about 17. 00 percent. Answer D The market portfolio (SP 500) would yield 7. 5% + 9. 5% = 17%. 29. (Q. 27 in B) When Treasury bills yield 7 percent and the expected return on the market is 16 percent, then the risk premium on a stock is equal to: A)9 percent. B)16 percent. C)9 percent times the stocks beta. D)8 percent plus the risk-free rate. Answer C According to the CAPM, the risk premium on a stock = the market risk premium ? ( = (16% 7%) ? ( = 9% ? (. 30. (Q. 28 in B) An investor was expecting an 18 percent return on her portfolio with beta of 1. 5 before the market risk premium increased from 8 percent to 10 percent. Based on this change, what return will now be expected on the portfolio? A)20. 0 percent B)20. 5 percent C)22. 5 percent D)26. 0 percent Answer B Old: 18% = rf + 1. 25(8%) = rf + 10. 0% 8. 0% = rf. New: Expected return = 8. 0% + 1. 25(10%) = 8. 0% + 12. 5% = 20. 5% . 31. (Q. 29 in B) What happens to the expected return on an asset if the asset beta decreases from 1. 5 to 1. 2, the risk-free rate increases from 4 percent to 5 percent, and the market expected return decreases from 9 percent to 7 percent? A)It increases from 7. 4 percent to 11. 5 percent. B)It increases from 13. 4 percent to 17. percent. C)It decreases from 11. 5 percent to 7. 4 percent. D)It decreases from 17. 5 percent to 13. 4 percent. Answer C Before the change: rj = 4% + 1. 5 (9% 4%) = 11. 5%. After the change: rj = 5% +1. 2 (7% 5%) = 7. 4%. 32. (Q. 30 in B) A project will generate $750,000 of cash flows annually for four years. The initial outlay is $2 million. The expected return on Treasury bills is 6 percent and the market risk premium is 8 percent. What is the highest project beta that will justify acceptance of the project? A)0. 00 B)1. 00 C)1. 56 D)2. 31 Answer C $2 million = $750,000 ? (PVIFA4 yr, IRR) IRR = 18. 45%. This suggests a risk premium of 12. 5 percent on the project, which corresponds to a beta of 1. 56. 33. (Q. 37 in B) If a firm is 42% debt-financed and the value of equity equals $47 million, which of the following is correct about firm value and the value of debt? There are only debt and equity in the firmââ¬â¢s capital structure. Firm value Value of debt A) $81 million $34 million B) $47 million $81 million C) $42 million$20 million D) $81 million$42 million Answer A Firm Value = $47M / (1-0. 42) = $81M. Debt = $(81M ââ¬â 47M) = $34M. Use the following information to answer Questions 34 ââ¬â 37 (Questions 33-36 in Type B). Eastman Chemical has 38 million shares of common stock outstanding. The book value per share is $42 but the stock sells for $58. It also has 700,000, 9 percent semiannual coupon bonds outstanding, par value $1,000 each. The bonds have 10 years to maturity and sell for 86 percent of par. Eastmanââ¬â¢s common stock is twice as risky as the market portfolio. The firm has 14 million shares of 5 percent preferred stock outstanding which currently sell for $63 per share. The face value per preferred share is $100. The T-bills yield 5. 25%, and the market risk premium is assumed to be 4. 15%. Eastman is in the 35% corporate income tax bracket. 34. (Q. 33 in B) Eastmanââ¬â¢s after-tax cost of debt is: A) 4. 53% B) 6. 45% C) 6. 96% D) 7. 40% Answer D On your financial calculator: FV=1000, PV=-860, N=20, PMT=45; I=? 5. 69% ( YTM=5. 69 ? 2 =11. 38%. After-tax cost of debt = 11. 38% ? (1-35%) = 7. 40%. 35. (Q. 34 in B) Eastmanââ¬â¢s cost of equity is: A) 9. 40% B) 13. 55% C) 14. 65% D) 24. 05% Answer B By the CAPM: requity = 5. 25% + 2 ? 4. 15% = 13. 55%. 36. (Q. 35 in B) Eastmanââ¬â¢s cost of preferred stock is: A) 4. 85% B) 5. 00% C) 6. 22% D) 7. 94% Answer D The annual dividend paid on per preferred share is $100 ? 5% = $5. So rpreferred = $5 / $63 = 7. 94%. 37. (Q. 36 in B) What is the discount rate that Eastman should use to evaluate a project which is very similar to the firmââ¬â¢s existing business? A) 8. 56% B) 9. 25% C) 11. 22% D) 13. 55% Answer C à |Equity |Preferred |Debt |Value | |Price |58 |63 |860 | | |Shares (million) |38 |14 |0. 7 | | |Market Value ($ million) |2,204 |882 |602 |3,688 | |Weights |0. 60 |0. 24 |0. 16 | | |Costs |13. 55% |7. 94% |7. 40% | | |WACC |11. 22% | | | | Conceptual questions (2 points each) 38. (Q. 3 in B) When a manager does not accept a positive-NPV project, shareholders face an opportunity cost in the amount of the: A)projects initial cost. B)projects NPV. C)projects discounted cash flows. D)soft capital rationing budget. Answer B 39. (Q. 44 in B) When mutually exclusive projects have different lives, the project which should be selected will have the: A)highest IRR. B)longest life. C)highest NPV, discounted at the opportunity cost of capital. D)lowest equivalent annual cost. Answer D 40. (Q. 45 in B) When should the net working capital investments be included in the estimation of cash flows? A) Never. B) At the beginning of the project. C) At the end of a project. D) Any time during the life of a project. Answer D 41. (Q. 46 in B) Capital budgeting investments are evaluated with the assumption that projects are: A) 100 percent -debt financed. B) 100 percent -equity financed. C) 50 percent -equity and 50 percent -debt financed. D) 25 percent -equity and 75 percent -debt financed. Answer B 42. (Q. 38 in B) If sensitivity analysis indicates none of the individual variables will cause a negative NPV under pessimistic conditions, then the: A)project is assured to be successful. B)projects discount rate should be reduced. C)economic forecasts are possibly overly optimistic. D)interaction of the variables should be considered. Answer D 43. (Q. 9 in B) The opportunity to alter production technology gives managers: A)the flexibility to adapt to changing situations. B)increased cash flow from operations. C)the opportunity to expand production. D)the ability to expand product lines. Answer A 44. (Q. 40 in B) Which of the following concerns is likely to b e most important to portfolio investors seeking diversification? A)Total volatility of each individual securities. B)Standard deviation of individual securities. C)Correlation of returns between securities. D)Achieving the risk-free rate of return. Answer C 45. (Q. 41 in B) The risk premium that is offered on common stock is equal to the: A)expected return on the stock. B)real rate of return on the stock. C)excess of expected return over a risk-free return. D)expected return on the SP 500 index. Answer C 46. (Q. 42 in B) The standard deviations of individual stocks are generally higher than the standard deviation of the market portfolio because individual stocks: A)offer higher returns. B)have more systematic risk. C)do not have unique risk. D)have no diversification of risk. Answer D 47. (Q. 49 in B) Stock returns can be explained by the stocks _________ and the stocks __________. A)beta; unique risk. B)beta; market risk. C)unique risk; firm-specific risk. D)aggressive risk; defensive risk. Answer A 48. (Q. 0 in B) What will happen to a stock that offers a lower risk premium than predicted by the CAPM? A)Its beta will increase. B)Its beta will decrease. C)Its price will decrease until yield is increased. D)Its price will increase until yield is reduced. Answer C 49. (Q. 47 in B) Generally speaking, the optimal capital mix that minimizes the weighte d average cost of capital also: A) maximizes EPS. B) maximizes share price. C) minimizes the required rate of return on equity. D) minimizes bankruptcy costs. Answer B 50. (Q. 48 in B) Firms have various sources of financing. Which one of the following does not incur flotation costs? A) Long-term debt. B) Preferred stock. C) Common stock. D) Retained earnings. Answer D
Thursday, April 23, 2020
Justice Favors the Rich
Table of Contents Introduction Michael Vickââ¬â¢s Case An Unfair Justice System Conclusion Works Cited Introduction Various stakeholders in the criminal justice system and the general public have frequently debated whether certain persons are above the justice, or whether the criminal justice system treats all persons fairly without any partiality. It is frequently said that the legal system is divided into two: one serves the rich, powerful and/ or the famous, while the second systems serves the rest.Advertising We will write a custom essay sample on Justice Favors the Rich specifically for you for only $16.05 $11/page Learn More One may argue that just like any other system made by man, the legal system has its own flaws, however, the frequency and trend of such flaws raises eyebrows. The rich, famous and/ or the powerful have frequently received preferential treatment under the same legal system we all ascribe to and this can be evidenced by th e number of high profile cases that receive lenient judgments. Examples of high-profile persons that have been favored by the lady justice include Paris Hilton, O J Simpson, Rush Limbaugh, Michael Vick, Martha Stewart, Michael Jackson, among many others. Michael Vickââ¬â¢s case displayed just how long the legal system had take long to act on high-profile persons as it would to the rest of the population. Michael Vickââ¬â¢s Case Michael Vick is an NFL player who previously played as an Atlanta Falcons quarterback, and is well known person (celebrity) by any standards. In April 2007, Vick was indicted in an illegal dog-fighting ring that raised dogs for fighting and killed the ones that lost in the various matches. Investigation into the case centered on Vickââ¬â¢s 15-acre property after police suspected that the NFL player was involved in a dog-fighting ring. At the search of his property, police discovered more than 70 dogs, some of which showed signs of injury. Police inve stigations revealed that Vickââ¬â¢s property contained extensive dog-fighting facilities and the ring had operated for close to five years. Further investigation by federal authorities revealed the existence of an interstate dog-fighting ring, and in some sections, authorities found evidence of drug use and gambling. Gory evidences acquired from the property included abuse, torture and execution of dogs that did not perform to the required standards (Gorant, pp. 211). Consequently, Vick and four other persons were indicted on felony charges.Advertising Looking for essay on criminal law? Let's see if we can help you! Get your first paper with 15% OFF Learn More In November 2008, after several investigations by police, Michael Vick was moved to Virginia to face charges of federal felony dog fighting financing the dog fighting ring, execution of dogs, and gambling. He received a 23-month prison sentence at a federal prison and a 3-year term in the Virginia courts. He a lso lost his position at the Atlanta Falcons as they cancelled his contract. Later, he filed for a plea agreement and the charge was dropped, and was released on July 2009, having been in jail for 19 months of the 23-month punishment. His federal sentence was dropped due to good behavior and only paid a $2500 fine. The rest of the charges were dropped too due to his plea agreement. Even though the 23-month sentence given to Vick was unfair by means for the crime he committed, a regular citizen would have received a longer penalty. Each of the six charges for which Vick was convicted of carry a maximum sentence of five years for each charge, however, Vick only received a 23-month sentence when all the evidence to a ring that bred dogs for fighting, executed non-performing dogs, and engaged in gambling over the dog fights (Adler, 2011). Vick only received an extended since the legal system was tired of celebrities or the rich acting foolishly in recognition of the fact that they would be pardoned by law. This was a warning to the rest of the rich, famous, or celebrities to bring their act together and recognize that the legal system acts with discretion. In Vickââ¬â¢s case, the judgment was fair, however, the legal system had taken long to act on persons who simply think they can anything and get away with it. An Unfair Justice System Either way, Michael Vickââ¬â¢s brief moment with the law presented a truer picture of the pressure placed on the legal system: the courts and the judges, or jury, when handling a high-profile criminal case. When the justice does not live up to its expectations, public confidence wanes off and the suspicion of a different system for the famous or rich becomes even truer. Consider the case of Martha Stewart, a highly successful American businesswoman who participated in illegal stock trading after having access to insider information. Despite the magnitude of the case, Stewart received preferential treatment at the prison, even taking up a job. She was then released after serving a one ââ¬âyear sentence and placed under house confinement.Advertising We will write a custom essay sample on Justice Favors the Rich specifically for you for only $16.05 $11/page Learn More The lght sentence was attributed to the fact that ââ¬Å"the courts have been tied in knots as prosecutors and judges struggle to find an established legal duty that people violate when they trade on inside informationâ⬠(Turow, 2004). Stewartââ¬â¢s case was another instance of how ââ¬Å"justice is very different for the rich and poorâ⬠(Turow, 2004). Conclusion This paper does not advocate for harsher penalties for celebrities, rather, it pushes on the fair treatment of all persons irrespective of the status in the society. If a person is involved in any illegal activity, they should the full force of the law. Michael Vickââ¬â¢s case served to remind us of how long the legal system had taken long to act tough on well-known persons. Works Cited Adler, James. Michael Vick Dogfightingà Scandal. 2011. Web. https://www.liveabout.com/michael-vick-dogfighting-scandal-1336811 Gorant, Jim. The Lost Dogs: Michael Vickââ¬â¢s Dogs and Their Tale of Rescue and Redemption. NY: Penguin Group USA, 2011. Turow, Scott. Cry no tears for Martha Stewart. The New York Times, May 27. 2004. Web. https://www.nytimes.com/2004/05/27/opinion/cry-no-tears-for-martha-stewart.html This essay on Justice Favors the Rich was written and submitted by user SebastianShaw to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Friday, April 17, 2020
Finding Good Cultural Diversity and Global Studies Essay Samples
Finding Good Cultural Diversity and Global Studies Essay SamplesYou have probably noticed that there are quite a few essays that you can find online or in various places where you can find reference materials on different subjects. As a result, it may be that you feel that the essays may not be what you want. On the other hand, if you are a bit intimidated by what you see, then you should not worry because you can still get the help that you need.In fact, the various types of essays and essay samples that you may find online are actually very helpful for the purpose of helping you find the essay that will fit your needs. In this case, cultural diversity and global studies are some of the subjects that may seem more complicated to the students at the end of the semester. However, if you are looking for a well-written essay that is easy to understand, then you can consider the different types of essay samples available.One of the essays that you may find when looking at the available c ultural diversity and global studies essay samples is a topic on the art of cooking. You may consider this essay a sample because you have cooked before, and it is usually a difficult task to create a meal that is appealing and pleasing to the taste buds. This article should give you some ideas on how to write a well-known essay on this subject.When you begin this essay, you should be ready to answer some questions about what you have done and what you have learned from it. If you have done some cooking before, then you should be able to describe how you became familiar with the techniques that you know today. While cooking is not exactly a science, it is still quite an art, so you should be able to explain this in the essay.Before you even start thinking about the essay that you would like to write, you should do some research about the subject of cultural diversity and global studies. Even though the theme of the essay may not be too important, you should still be familiar with th e topic. This will help you write a better essay.The cultural diversity and global studies theme do not necessarily need to be one that is surprising to anyone. You should try to think of topics that may have been used in the past, and give them a new twist. These are things that you may need to discuss when writing an essay, and you should try to incorporate these into the essay as well.You should also consider the themes of cultural diversity and global studies when you are writing the essay. This can be quite challenging, but the time you spend doing this will not hurt. It is something that you may need to do, so you should be prepared to put in the effort and put into your essay.Cultural diversity and global studies essay samples may be helpful to you, but they are not necessary for writing an essay. If you really need help with writing an essay, then you should consider the different options that are available to you. You may be surprised to find that these cultural diversity a nd global studies essay samples are not very difficult to write, but you should be prepared to put in the time and work in order to produce a good essay.
Tuesday, March 17, 2020
Free Essays on Ericsson China
1. Introduction Industry Overview Current situation of mobile network industry in China Chinese mobile network industry has made substantial progress in the past few years and became the largest market in the world. Currently, with over 260 million mobile subscribers and more than 4 million new subscribers are added every month in 2003. [EXHIBIT 1] From a technological standpoint, the most common mobile networks now in use in China are second generation GSM (Global System for Mobile Communications), which provides voice and limited data services. 3G use is expanding in some nations, including Japan and South Korea, but there is now no single global standard for 3G, which promises more functions and faster data transmission, is still in discussion whether to be put into practice in China right now. Industry structure In mobile network industry, it is necessary for service operators to equip several cutting-edge network technologies to deliver its service to customers. Therefore, normally, many providers which have their own strengths in certain technological field exist in this industry and provide their own solutions to the operator. Generally, those industry structures are categorized in three players. There are several players in each sector and now competing each other. 1) Mobile Service Provider Mobile Service Provider is an entity which delivers several kinds of solution to Mobile Operator. Mostly, there are three type of player such as contents provider, application provider and service provider in this part. 2) Mobile Operator Mobile Operator has strong power in this industry, since there are only two players in China (China Mobile, China Unicom). And they are tightly backed up with Chinese government and they are controlling the market. 3) Mobile Network Equipment Provider Mobile Network Equipment Provider is an entity which delivers several kinds of infrastructures to Mobile Ope... Free Essays on Ericsson China Free Essays on Ericsson China 1. Introduction Industry Overview Current situation of mobile network industry in China Chinese mobile network industry has made substantial progress in the past few years and became the largest market in the world. Currently, with over 260 million mobile subscribers and more than 4 million new subscribers are added every month in 2003. [EXHIBIT 1] From a technological standpoint, the most common mobile networks now in use in China are second generation GSM (Global System for Mobile Communications), which provides voice and limited data services. 3G use is expanding in some nations, including Japan and South Korea, but there is now no single global standard for 3G, which promises more functions and faster data transmission, is still in discussion whether to be put into practice in China right now. Industry structure In mobile network industry, it is necessary for service operators to equip several cutting-edge network technologies to deliver its service to customers. Therefore, normally, many providers which have their own strengths in certain technological field exist in this industry and provide their own solutions to the operator. Generally, those industry structures are categorized in three players. There are several players in each sector and now competing each other. 1) Mobile Service Provider Mobile Service Provider is an entity which delivers several kinds of solution to Mobile Operator. Mostly, there are three type of player such as contents provider, application provider and service provider in this part. 2) Mobile Operator Mobile Operator has strong power in this industry, since there are only two players in China (China Mobile, China Unicom). And they are tightly backed up with Chinese government and they are controlling the market. 3) Mobile Network Equipment Provider Mobile Network Equipment Provider is an entity which delivers several kinds of infrastructures to Mobile Ope...
Sunday, March 1, 2020
Biography of Jefferson Davis, Confederate President
Biography of Jefferson Davis, Confederate President Jefferson Davisà (born Jefferson Finis Davis; June 3, 1808ââ¬âDecember 6, 1889) was a prominent American soldier, secretary of war, and political figure who became the president of the Confederate States of America, a nation formed in rebellion to the United States. Before becoming a leader of the slave states in rebellion, he wasà viewed by some as aà plausible future president of the United States. Fast Facts: Jefferson Davis Known For:à Davis was the president of the Confederate States of America.Also Known As:à Jefferson Finis DavisBorn:à June 3, 1808à in Todd County, KentuckyParents: Samuel Emory Davis and Jane DavisDied: December 6, 1889à in New Orleans, LouisianaEducation: Transylvania University, U.S. Military Academy at West PointPublished Works:à The Rise and Fall of the Confederate GovernmentSpouses: Sarah Knox Taylor, Varina HowellChildren: 6Notable Quote: Are we, in this age of civilization and political progressâ⬠¦to roll back the whole current of human thought, and again return to the mere brute force which prevails between beasts of prey, as the only method of settling questions between men? Early Life and Education Jefferson Davis grew up in Mississippi and was educated at Transylvania University in Kentucky for three years. He then entered the U.S. Military Academy at West Point, graduated in 1828, and received a commission as an officer in the U.S. Army. Early Career and Family Life Davis served as an infantry officer for seven years. After resigning his military commission in 1835, Davis married Sarah Knox Taylor, the daughter ofà Zachary Taylor, the future president and Army colonel. Taylor strongly disapproved of the marriage. The newlyweds moved to Mississippi, where Sarah contracted malaria and died within three months. Davis himself contracted malaria and recovered, but he often suffered lingering effects from the disease. Over time, Davis repaired his relationship with Zachary Taylor and he became one of Taylors most trusted advisers during his presidency. Davis married Varina Howell in 1845. They remained married for the rest of his life and had six children, three of whom lived to adulthood. Cotton Plantation and Start in Politics From 1835 to 1845, Davis became a successful cotton planter, farming on a plantation called Brierfield, which had been given to him by his brother. He also began buying slaves in the mid-1830s. According to the federal census of 1840, he owned 39 slaves. In the late 1830s, Davis took a trip to Washington, D.C.à and apparently met Presidentà Martin Van Buren. His interest in politics developed, and in 1845 he was elected to the U.S. House of Representatives as a Democrat. The Mexican War and Political Rise With the beginning of theà Mexican Warà in 1846, Davis resigned from Congress and formed a volunteer company of infantrymen. His unit fought in Mexico, under General Zachary Taylor, and Davis was wounded. He returned to Mississippi and received a heros welcome. Davis was elected to the U.S. Senate in 1847à and obtained a powerful position on the Military Affairs Committee. In 1853, Davis was appointed secretary of war in the cabinet of Presidentà Franklin Pierce. It was probably his favorite job, and Davis took to it energetically, helping to bring important reforms to the military. His interest in science inspired him toà import camelsà for use by the U.S. Cavalry. Secession In the late 1850s, as the nation was splitting over the issue of slavery, Davis returned toà the U.S. Senate. He cautioned other southerners about secession, but when slave states started leaving the Union, he resigned from the Senate. On January 21, 1861, in the waning days of the administration ofà James Buchanan, Davis gave a dramatic farewell speech in the Senate and pleaded for peace. President of the Confederate States of America Jefferson Davis was the only president of the Confederate States of America. He held the office from 1861 until the collapse of the Confederacy at the end of the Civil War, in the spring of 1865. Davis never campaigned for the presidency of the Confederacy in the sense that politicians in the United States campaign. He was essentially selected to serve and he claimed not to be seeking the position. He began his term with widespread support within the states in rebellion. Opposition As the Civil War continued, Davis critics within the Confederacy increased. Before secession, Davis had consistently been a forceful and eloquent advocate for states rights.à Ironically, he became inclined to impose the rule of a strong central government as he tried to manage the Confederate government. Strong states rights advocates within the Confederacy came to oppose him. Besides his choice of Robert E. Lee as commander of the Army of Northern Virginia, Davis is mostly deemed a weak leader by historians. Davis was seen as prickly, a poor delegator, overly involved in details, wrongly attached to defending Richmond, Virginia, and guilty of cronyism. Most historians agree that he was far less effective as a leader during wartime than his counterpart, President Abraham Lincoln. After the War Following the Civil War, many in the federal government and the public believed Davis to be a traitor responsible for years of bloodshed and the deaths of many thousands. There was a strong suspicion that Davis had been involved in theà assassination of Abraham Lincoln. Some accused him of having ordered Lincolns murder. After Davis was apprehended by Union cavalry while trying to escape and perhaps keep the rebellion going, he was locked up in a military prison for two years. For a time he was kept in chains, and his health suffered from his rough treatment. The federal government eventually decided not to prosecute Davis and he returned to Mississippi. He was financially ruined, since he had lost his plantation (and, like many other large landholders in the south, his slaves). Later Years and Death Thanks to a wealthy benefactor, David was able to live comfortably on an estate, where he wrote a book about the Confederacy, The Rise and Fall of the Confederate Government. In his final years, in the 1880s, he was often visited by admirers. Davis died on December 6, 1889. A large funeral was held for him in New Orleans and he was buried in the city. His body was eventually moved to a large tomb in Richmond, Virginia. Legacy Davis, in the decades before the Civil War, served admirably in a number of positions within the federal government. Before becoming a leader of the slave states in rebellion, he wasà viewed by some as aà possible future president of the United States. But his accomplishments are judged differently from other American politicians. While he held the Confederate government together in nearly impossible circumstances, he was considered a traitor by those loyal to the United States. There were many Americans who believed he should have been tried for treason and hanged after the Civil War. Some advocates for Davis point to his intellect and relative skill in governing the rebel states. But his detractors note the obvious: Davis strongly believed in the perpetuation of slavery. The veneration of Jefferson Davis remains a controversial subject. Statues of him appeared throughout the south following his death, and, because of his defense of slavery, many now believe those statues should be taken down. There are also periodic calls to remove his name from public buildings and roads which had been named in his honor. His birthday continues to be celebrated in several southern states, and his presidential library opened in Mississippi in 1998. Sources Cooper, William C., Jr. Jefferson Davis, American. Alfred A. Knopf, 2000.à McPherson, James M. Embattled Rebel: Jefferson Davis as Commander in Chief. Penguin Press, 2014.à Strode, Hudson. Jefferson Davis: Confederate President. Harcourt, Brace and Company, 1959.
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