BUS 475 Final Exam Study Guide 1. The reason economists and accountants have problems using cost analysis in the real world is that although implicit costs do not show up in accounting profits‚ they nevertheless affect managerial decisions although explicit costs do not show up in accounting profits‚ they nevertheless affect managerial decisions economists do not believe in the existence of explicit costs expilcit costs cannot be measured Explanation: Implicit costs occur when an asset is used
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Did the Founding Fathers Get it Right? In 1787 our founding fathers gathered in the Pennsylvania State House in Philadelphia‚ in the exact same room our Declaration of Independence had been signed a few years prior. This group of men was faced with the immense task of drafting the Constitution of the United States of America. Our founding fathers showed such brilliant foresight in how they structured this foundational document by recognizing the need for a Constitution designed to keep our government
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“How Did the Constitution Guard Against Tyranny? James Madison was one of the principle authors of the “Federalist Papers”. They were written and circulated during the ratification (approval) process of the Constitution. They were written to gain support for the Constitution. Document A: FEDERALISM James Madison‚ Federalist Paper #51‚ 1788 “In the compound republic of America‚ the power surrendered by the people is first divided between two distinct governments‚ and the portion allotted
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President is responsible for all his decisions and actions to the Congress that comprises the representatives of the people.The policy of ’check and balance’is followed to prevent the three pillars of government i.e.legislature‚executive and judiciary to trespass their limits.Thus the people of America are enjoying the fruits of democracy fully as they have their due share in the functions of the government.They have freedom to express their views and opinions in a proper manner.They have also
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Therefore‚ sufficient‚ reasonable and due hearing of every cases with consideration of its circumstances is the necessary requirement of natural justice and balance of convenience. In fact‚ the untiring efforts put by fear and flavorless Indian Judiciary is doing commendable job of imparting justice in spite of so many difficulties‚ which created faith of public in the rule. Of law is a great achievement‚ which really requires deep appreciation. Social justice will be possible only if the entire
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Judiciary is a branch of the country ’s government that is responsible for the administration of legal proceedings with the judicial powers vested in them. The systems of court consist of independent judges where there are no external or political influence regarding its decisions. Judiciary will function through the administration and interpretation of laws for its cases with the doctrine of precendents where lower courts in the same hierarchy are bounded within the prescribed limits by prior decisions
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judicial‚ and electoral powers‚ as well as several levels of autonomy. The traditionally strong executive branch tends to overshadow the Congress‚ whose role is generally limited to debating and approving legislation initiated by the executive. The judiciary‚ consisting of the Supreme Court and departmental and lower courts‚ has long been riddled with corruption and inefficiency. Through revisions to the constitution in 1994‚ and subsequent laws‚ the government has initiated potentially far-reaching
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still influence courts and dismiss judges. The Stuart dynasty used this power frequently in order to overpower Parliament. After the Stuarts were removed in the Glorious Revolution of 1688‚ some advocated guarding against royal manipulation of the judiciary. King William III finally approved the Act of Settlement 1701‚ which established tenure for judges unless Parliament removed them.[5] Under the unwritten British Constitution‚ there are two important conventions which help to preserve judicial independence
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before the lesson. Many of the students had vague understanding of what the ‘Roman Tables’ involved‚ but after the discussion and role-play activity the students fully understood that this was Roman Laws that have a great deal to do with the American Judiciary System. As for assessments‚ all students completed an ‘Exit Slip’ to show that they understood the basis of the ‘Roman Tables.’ The results of the ‘Exit Slip’ were to gauge if students were as fully involved as they seemed to be from the discussion
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Assignment 1: Social Media Tammie Johnson Professor Madhavi Basnet Karki LEG 100: Business Law 1 February 3‚ 2013 A few years ago I jumped on the social media bandwagon after being introduced to it by my husband. I was always a little skeptical about social media because of all negative that I had heard about it. Now‚ I love it because there is a lot of positive about social media as far as I am concerned. Social media is an asset to marketing‚ and it is fun for personal use as well
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