Banking and Finance Law - 1018 Words

MID TERM ASSIGNMENT BANKING FINANCE LAW Name: Tran Cong Hieu Student ID: 15402543 Word count: 986 ISSUES Can Fantastic Landscapes Pty. Ltd. have the right to sue Red Bank to claim $50,000 which Minnie has stolen? Can Fantastic Landscapes Pty. Ltd. sue Red Bank for compensation for the $10,000 penalty fee? Can Fantastic Landscapes Pty. Ltd. seek compensation from BLB? RULES Firstly, who is the customer? Secondly, content of the contact at (2.65) states that: the contact between the bank and the customer is ongoing one. It exists until terminated pursuant to contractual principles, which could include agreement of the parties or breach of the condition entitling the innocent party to terminate. Thirdly, the bank’s duty†¦show more content†¦Therefore, Ben or Fantastic Landscapes could not claim back $50000. When apply to combination of account, the Fantastic Landscapes has won in this lawsuit. The Red Bank has combined overdraft account and Account No 2 without any notice because they hear that this company has just lot a large landscaping contract and not working any more. Moreover, Red Bank has agreed Fantastic Landscapes to borrow maximum $100000, so they can not combine account without any notice to this company even though its overdraft account has reached to $100000. Therefore, Red Bank has to pay $10000 penalty fee for Fantastic Landscapes to the finance company. According to duty of the banker, the BLB (Big Lender Bank) does not have any duty to Fantastic Landscapes because in this case, its customer Minnie just is its client. Therefore, BLB do not have any duty to her company although she is a director in that company and she has committed fraud. Moreover, BLB do not care about how Minnie paid off her debt because Minnie did not withdraw money in the trust account. In addition, according to Thomson v Clydesdale Bank Ltd (1893) AC 282. BLB does not need to care about its customer detail particularly. Hence, the chances forShow MoreRelatedLaws Providing For Parallel Islamic Banking Systems: In most jurisdictions where Islamic banks1000 Words   |  4 PagesLaws Providing For Parallel Islamic Banking Systems: In most jurisdictions where Islamic banks operate, they have to compete with conventional banks involved in interest-based borrowing and lending. The legal framework governing the licensing of banks and their regulation was designed primarily for conventional institu ¬tions, not least as there were no Islamic banks in existence in most cases when the banking laws were drafted. Three choices therefore arise: firstly, whether Islamic banks can beRead MoreIslamic Law And Islamic Banking1299 Words   |  6 PagesForty years ago, the Islamic banking industry was created, on a modest scale, to fill a gap in a banking system that was not listening to the fervent Muslim believers. Morocco has been following the same development in offering Islamic finance services to its citizens through Islamic windows in conventional banks. In parallel to this development of the Islamic financial industry in Morocco, it seems very crucial to evaluate critically based on Maliki law school the previous ex perience of IslamicRead MoreThe Issuance Of Prime Minister Decree No Essay1236 Words   |  5 Pagesduring the year (The Union of Arab Insurance Companies, the General Assembly of African Insurance and others). o Support the proposal to establish an Egyptian Company for Reinsurance. 2)Private Insurance †¢ Amending the Executive Regulations for the law regulating the private insurance funds to allow support managing their investment (by allowing contracting with an investment manager or the minimum requirement of the level of qualification in the unit involved in investment management), as well asRead MoreThe shari’ah compliance finance has gained huge popularity among Muslim and non Muslim countries.1000 Words   |  4 Pages The shari’ah compliance finance has gained huge popularity among Muslim and non Muslim countries. The Islamic banking and finance has significantly increased an average of 20% to 30% over the last decade and it’s expected to grow fast for the coming years. Despite its fast growing globally and the increasing number of the shari’ah compliance financial institutions, the Muslim minorities in Sweden have no access to any financial service adherent to their religion principles. They are left behindRead MoreConcepts of Islamic Finance Essay882 Words   |  4 Pages Islamic finance is the system that practicing financial services according to the principles and rules of the Islamic commercial jurisprudence. It is a system that operates the services based on Islamic law which is called shari’ah which is based on Al-Quran and Sunnah. The objective of the Islamic finance is maximizing profit by minimizing loss but at the same time taking consideration on the welfare (maslahah). In Islamic finance, it is prohibited from any payment which is over and above theRead MoreThe Federal Reserve System : Purposes Functions1308 Words   |  6 Pagesfollowing segments of the banking industry to ensure safe and sound banking practices and compliance with banking laws: †¢ Bank holding companies, including diversified financial holding companies formed under the Gramm-Leach-Bliley Act of 1999 and foreign banks with U.S. operations †¢ State-chartered banks that are members of the Federal Reserve System (state member banks) †¢ Foreign branches of member banks †¢ Edge and agreement corporations, through which U.S. banking organizations may conductRead MoreThe Shadow Of Shadow Banking1311 Words   |  6 Pagesnot a bank – it is a shadow bank† – (Laura E. Kodres) Shadow banking is a bit of a modern day marvel, so to speak, taking on several complex forms. â€Å"The term Shadow Banking generally refers to the non-banking financial institutions that perform some banking functions but are not regulated or are less regulated than banks. In other words, they are either unregulated or under-regulated financial entities. The shadow banking system or the shadow financial system consists of financial institutionsRead MoreScript on Annual Day Function1580 Words   |  7 PagesTechniques : Paper III-Mathematical Methods. Banking Finance : Paper III- Introduction to Banking in India. 11:00 a.m to 02:00 p.m. Financial Accounting Auditing : Paper-III Financial Accounting. Economics – Paper III. Business Management : Paper III- Management Organisation Development. Commerce: Paper III- International Business Relations. Quantitative Techniques : Paper III-Mathematical Methods. Banking Finance : Paper III- Introduction to Banking in India. 11:00 a.m to 01:00 p.m. FinancialRead MoreEditorial Notes On Banking And Finance726 Words   |  3 PagesGeneral Editor’s note Welcome to the final issue of the Australian Banking and Finance Law Bulletin for 2017. It is rather unimaginable that the year is already drawing to a close – again! This is the holiday edition of the bulletin, and we have some great articles that will stimulate our minds by providing timely commentary on recent decisions and practical guidance on handling legal and commercial issues. This month, first up is Editorial Board member Leonie Chapman (LAWyal Solicitors). EarlierRead MoreChallenges Of Islamic Finance Industry1207 Words   |  5 PagesCHALLENGES TO ISLAMIC FINANCE INDUSTRY Many authors agree that Islamic finance industry has a long way to become globally successful industry. To achieve its potential for solid growth, Islamic finance must improve number of areas including: improving regulatory supervision in the industry, adaptation of tax treatment to Islamic banking products, establishing liquidity control, introducing risk management tools, supporting standardization of financial products and others. Prasad (2015) mentions

Feminist Literary Theory Of The Yellow Wallpaper By...

Throughout history the female gender has been considered the lesser sex, where they had little to no power over anything. Eventually they got tired of their mistreatment and those who wanted it to end became known as feminist. They hold the idea that both men and women should be treated as equals. Many feminist were authors who contained the feminist literary theory within their works. The theory mainly focuses on critiquing how women must comply with gender roles and how they have been denied their rights by men. The feminist literary theory has many forms, one of them would be cultural feminism, which focuses on the stereotypical women who is only meant to look pretty and take care of minor jobs such as cooking, cleaning, and watching the children. The feminist literary appears in the short story â€Å"The Yellow Wallpaper† by Charlotte Perkins Gilman, which is about an unnamed female narrator who suffers from a nervous condition during the late 1800s, and is locked within h er bedroom. The feminist Kate Chopin has written many works containing the feminist literary theory, such as her short story â€Å"The Story of an Hour† which revolves around Mrs. Mallard, who has lost her husband in a train accident, so she starts to shed tears of sorrow, however her tears of sorrow transform into tears of joy. One of Chopin s novel, The Awakening tells the story of Edna Pontellier a woman who starts to realize the truth of society. Feminist literary theory can be viewed in many differentShow MoreRelatedA Critical Analysis Of The Yellow Wallpaper By Charlotte Perkins Gilman1051 Words   |  5 Pages102 Esposito, Carmine. A Critical Analysis of The Yellow Wallpaper by Charlotte Perkins Gilman Charlotte Perkins Gilman was a famous social worker and a leading author of women’s issues. Charlotte Perkins Gilman s relating to views of women s rights and her demands for economic and social reform of gender inequities are very famous for the foundations of American society in the late nineteenth and early twentieth centuries. In critics Gilman ignored by people of color in the United States andRead MoreYellow Wallpaper1673 Words   |  7 PagesSvetlana Kryzhanovskaya Prof. Grajeda ENC 3014-MidTerm Paper March 12, 2012 Structuralism amp; Feminist Theory ‘The Yellow Wallpaper’ written by Charlotte Gilman can be affectively analyzed from two schools of thought structuralism and feminist theory. Though structuralists’ deny the work of literature any connection to its author (it must be what it is, no underlying meaning) feminist theory must first and foremost be understood in its historical framework. By the turn of the century, journalsRead MoreThe Yellow Wallpaper By Charlotte Perkins Gilman846 Words   |  4 Pagesdignified journey of the admirable story â€Å"The Yellow Wallpaper† created by Charlotte Perkins Gilman’s, gave the thought whether or not the outcome was influenced by female oppression and feminism. Female oppression and feminist encouraged a series of women to have the freedom to oppose for their equal rights. Signified events in the story â€Å"The Yellow Wallpaper† resulted of inequality justice for women. Charlotte Perkins Gilman gave the reader different literary analysis t o join the unjustifiable lifestyleRead MoreCharlotte Perkins Gilm Domestic Insanity And Feminism1072 Words   |  5 PagesRuiz-Velasco 10 February 2014 Charlotte Perkins Gilman – Domestic Insanity and Feminism Charlotte Perkins Gilman was an author who lived from 1860 to 1935 who represents the movement of American women towards intellectual freedom and empowerment during the turn of the century. Gilman was a great lecturer who used her fame to spread her ideas across the country, speaking at various organizations at cities from coast to coast. She was also a poet, novelist, feminist, mother, and worker. She saw theRead MoreEssay on A Male Dominated Society During the 19th Century952 Words   |  4 Pagescontrol, and power was a fantasy. According to Hall, he states, â€Å"Key to all feminist methodologies is the belief that patriarchal oppression of women through history has been profound and multifaceted† (Hall 202). In other words, it is known that the male takes complete cruel supremacy over the years in our history. In The Awakening and â€Å"The Story of an Hour† by Kate Chopin and â€Å"The Yellow Wallpaper† by Charlotte Perkins Gilman, they all convey the st ruggles that females faced to be accepted and to findRead More The Variety of Feminisms and their Contributions to Gender Equality by Judith Lorber1120 Words   |  5 PagesThere are many branches of feministic theorems. As Judith Lorber wrote in her article, The Variety of Feminisms and their Contributions to Gender Equality feminist denominations arose from different views, making many contributions to improve women’s status. Lorber discusses the views of, â€Å"gender reform feminisms, gender resistant feminisms, and gender revolution feminisms†¦Ã¢â‚¬ (1) etcetera, all which have fought to improve women’s rights. Though there are many different aspects of viewing feminism,Read MoreThe Yellow Wallpaper And Gilmans Vital Symbolism1624 Words   |  7 Pages The Yellow Wallpaper Gilman’s Vital Symbolism â€Å"The Yellow Wallpaper† is a short story by Charlotte Perkins Gilman in which she describes the treatment of a woman diagnosed with a nervous disorder by her doctor and is prescribed the â€Å"rest cure.† The story describes the submissive, childlike obedience of women to men that was considered typical at the beginning of the twentieth century. In the story, there are many symbols that highlight women’s infantilization within marriage and a sexist societyRead MoreWomen s Patriarchal Oppression By Kate Chopin Essay1621 Words   |  7 Pagesopportunities. Feminist analysis discusses about topics such as women in society that s been through oppression, dehumanizing, and depression. Several brave female writers came forth during this period, to speak out against their oppression through the means of poetry, short stories, and the application of a typical female characters. Women s goal was to end patriarchal oppressions which was a way men oppressed women by li miting them. In the short story The Yellow Wallpaper by Charlotte Perkins Gilman andRead MoreMessage Of The Yellow Wallpaper1617 Words   |  7 Pagesâ€Å"The Yellow Wallpaper† is a short story by Charlotte Perkins Gilman in which she describes the treatment of a woman diagnosed with a nervous disorder by her doctor and is prescribed the â€Å"rest cure.† The story describes the submissive, childlike obedience of women to men that was considered typical at the beginning of the twentieth century. In the story, there are many symbols that highlight women’s infantilization within marriage and a sexist society. The symbolism of the wallpaper and the womanRead MoreThe Yellow Wallpaper, By Charlotte Perkins Gilman1824 Words   |  8 Pagesseclusion from the outside world. For Charlotte Perkins Gilman and other women in the late nineteenth century, this nightmare was a reality. But through this struggle, Gilman wrote her most well-known literary piece on feminism: à ¢â‚¬Å"The Yellow Wallpaper†. This autobiographical fiction short story was written to bring to light the foul treatment of women and is still highly debated today among feminists. A concentration on the history of â€Å"The Yellow Wallpaper†, key feminist interpretations of the short story

Rust In Peace(1990) by Megadeth free essay sample

Oh, boy. This is gonna hurt. Rust In Peace was Megadeths fourth studio album and has been noted as one of the best evers in metal history. I can maybe see why, but I would completly disagree with that statement. There are only a handful of songs I personally like. 1, Holy WarsThe Punishment Due, I first heard this song while playing, suprise, Guitar Hero. As one of the three final boss songs and Megadeth songs in the game Warriors of Rock, this is easily my second favorite song in the entire album. Amazing solo, and of the final boss tracks, this is the easist of them. 2, Hanger 18, this one is ok to say the list. Honestly, just a bit too many solos and instrumentation. It is good though. For thrash metal, this is way too melodic, not like that sounds familar. Yep, its a Metallica clone. I like Metallica and Megadeth but they are usually completly different bands sound wise. We will write a custom essay sample on Rust In Peace(1990) by Megadeth or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Then again, its only a minor complaint. Towards the end however, it goes back to Thrash metal style music. 3, Take No Prisoners, the fastest and heaviest of them all. This easily my favorite of the bunch. The entire song, while short, is super short, straight to the point, yet very complex because of its unison drums and strings. The bass is finally audable for me and deviates alot. This is my 3rd favorite Megadeth song currently. 4, Five Magics, retarded name, for its spot, and retarded intro. This is a slow and heavy track, I guess. Not like Megadeth at all and I dont really like it. Plus, remember in Hanger 18 where I said this has to many instrumental sections. Well this is a good example because half of the song is slow and clunky and we speed up to random nonsense to just go back to slow and clunky. We finally get to the chorus at the end of the of the track, thank god! Im tired of this song. 5, Poison Was The Cure, then we have those songs that have a minute intro and the verses and the choruses are 2 seconds. This starts out very slow with a bass riff that easily gets repedative. We then blast through the rest of the song. The vocal point for me is Dave Mustang and he makes this song at least somewhat listenable for me. 6, Lucretia, this must be a song about an evil which! No seriously it is. It is way too melodic for me and for Megadeth even. The song begins with a witch cackle, must be from Hansel and Gretal, and goes into the most retarded guitar riff Ive heard. The song is, well, not good. The solo is ok and the topic is probably way over done with Shock Rock. 7, Tornado of Souls, I know what your thinking, I must like this song, right? Well, yes actually. I only like the ones everyone knows it seems. I used to hate this one though. Now Im safe in the eye of the tornado. Cool solo and Daves vocals actually work for something that, while thrashy, is a bit melodic and technical sounding. Ah, yes, and the chorus is easily the best part here. 8, Dawn Patrol, Too slow. Too clunky. No good. 9, Rust In PeacePolaris, starting with a Sepultura sounding drum style, especially in Territory, this is not bad. It isnt as good as Tornado of Souls, it has some good solos and a memerable chorus. Well, what can I say. Maybe the album isnt as bad as I thought originally. But that doesnt it still sucks. I would recommend this album due to its standings in the metal community. But its not for me, different strokes for different folks I guess. Rating 4.5/10

The key strands of thought in Sociology Essay Example

The key strands of thought in Sociology Essay In this assignment I intend to examine in detail some of the main strands of thought associated with industrial sociology. To avoid the notion of schools of thought within sociology the term strand has been coined which allows to bring together the different contributions with whom a pattern has appeared and have something in common (Watson, 2003, p. 21) In exploring this topic in further detail one can see that there are six main strands. These include the managerial-psychologistic strand in which Watson points out is a strand in which contains what are usually seen as quite separate and indeed contrasting styles of thought (Watson, 2003 p. 21) Other stands include work by influential and renowned figures of sociology who include Durkheim in the Durkheim-systems strand, Marx in the Marxian strand and Weber in the Weber-social action strand. Lastly the sixth strand which will be examined within the assignment is that of the postmodernist perspective and poststructuralist. The first strand that will be explored is the managerial-psychologistic strand. This strand can be broken down into two key developments in this strand which are Scientific management and Psychological humanism. In looking at this one could argue that this strand does not strictly cover the work of sociology at work but rather it looks at the human side and is one in which sociologists look to and indeed critique to provide alternatives. We will write a custom essay sample on The key strands of thought in Sociology specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The key strands of thought in Sociology specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The key strands of thought in Sociology specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The scientific managements advocate was F.W Taylor whom was an American engineer and consultant between 18-56-1917. Essentially what Taylor tried to do was develop an efficient work-force by cutting the unnecessary workers which became surplus to requirements due to the experiments he conducted which focused on the time being the factor. Taylors formulation signified producing more for lower cost per unit, usually by eliminating unnecessary workers. Similarly, how quickly signified that time and money were equivalent. Above all, efficiency was a science (Norton, 2006 p. 468) According to Watson (2003, p. 21) psychologism is a tendency to explain social behaviour based solely on terms of the psychological characteristics of the individual. This leads onto an important sociologists work; Mc Gregors theory X and Y. Essentially what this theory is trying to establish is that workers have a need to find fulfilment at work (Parker et al. 1967 p, 158) Theory X suggests that individuals need to be controlled by managers whereas Theory Y suggests that managers should adapt a strategy of worker self-fulfilment. If they do not, they will feel deprived, resulting in a work force negatively inclined to managements goals. (Parker et al. 1967, p, 158) Another aspect of the psychologistic strand in the people with needs, democratic humanism is that of Abraham Maslow in his 1943 paper hierarchy of needs. Essentially what Maslow was implying was that a person has a basic set of needs that need to be fulfilled before one can move onto the next level of needs. As people move up the pyramid the needs become more social and psychological as opposed to the base levels which are effectively very basic needs like shelter, food and sleep. One can see that the humanistic nature of the psychological strand leads onto and indeed can be linked to that of the Durkheim-systems strand which will now be explored. Durkheim-systems styles contrasts with that of the psychologistic in that it looks at the social system in which the individual is a part. Watson (2003, p, 27) describes the social system as society as a whole, or, alternatively, it may be the work of the organisation or even a subunit of the organisation. The key idea within this concept is that the relationship patterns within a society are explored rather than the actual individual. One of the leading sociologists who pioneered this work is Emile Durkheim. Durkheim explored the concept of anomie which as Watson (2003, p, 28) describes a form of social breakdown in which the norms that would otherwise prevail in a given situation cease to operate. Durkheim gave rise to a concept which is coined as systems thinking. Watson (2008, p. 44) describes systems thinking as social entities such as societies or organisations which are viewed as if they were self-regulating bodies exchanging energy and matter with their environment in order to survive. It can be argued that the greatest benefit of systems thinking gave rise to the development of study on work organisations which became recognised as a part of a social environment. Two important strengths from recognising the organisation as an environment where relationships have to be developed and maintained in order for the organisation to continue and also the fact that any factor affecting relationships in subunit of the organisation can be impacted on in another part of the organisation. The influence on systems thinking has a long reach into industrial relations and played a key part in many of the reports commissioned and indeed had its roots planted deeply in the Fox report of 1972.