India’s large population - asset or liability? In his theory of population‚ Malthus stressed the need of keeping population within limits to the point he called Optimum. At this point in time‚ India has a population of about 1.27 billion people‚ and it supports upto 17% of the entire world’s population. Of these 1.27 billion people‚ 50% are below the age of 25‚ and 65% are below the age of 35. This means that the major part on India’s population are students and young workers. There are more
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Liability Alex Washington ACC 205 Principles of Accounting I Instructor: James Rodisch July 28‚ 2013 1. Payroll accounting. Assume that the following tax rates and payroll information pertain to Brookhaven Publishing: * Social Security taxes: 6% on the first $55‚000 earned per employee * Medicare taxes: 1.5% on the first $130‚000 earned per employee * Federal income taxes withheld from wages: $7‚500 * State income taxes: 5% of gross earnings * Insurance withholdings:
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their members deserve limited liability? Is it fair that LLCs do not pay income taxes? A small business deserve limited liability because it’s used like a risk protection for their business as well as the owners. “It allows owners‚ called members‚ to have limited liability just like corporations’ (Lau‚ 2012‚ p. 367). There are so many new incorporated business laws that a business have to face on a daily basic. LLCs helps small businesses with the amount of liability that they face by decreasing their
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Explain the arguments for and against strict liability offences A strict liability offence is one where it is not necessary for the prosecution to prove any mens rea. In most cases of strict liability even if one did not have the intent to commit a crime‚ however reasonable‚ in relation to a particular element of the actus reus of an offence‚ they can still be convicted. This can be shown in reference to Prince and Hibbert. Prince (1875) the girl was taken by Prince even though he knew she was
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Statutory rape is a strict liability crime. It is defined as “sex between an adult and a minor below the age of consent at the time the offense takes place” (Uslegal.com). This also includes persons who lack the ability of consenting to sex because of physical and mental incapabilities. The Model Penal Code lists Statutory Rape as‚ “male who has sexual intercourse with a female not his wife‚ or any person who engages in deviate sexual intercourse or causes another to engage in deviate sexual intercourse
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------------------------------------------------- Mens Rea (Blameworthiness) Introduction Duff = “responsibility is a necessary but not a sufficient condition of liability” An actor is responsible when they are sufficiently blameworthy in causing the harm or committing the wrong = we blame those who have control over their actions (committing a crime is a mental process) * MR is the guilty mind. Note that it is not necessarily a moral/culpable judgment‚ and there can be involuntary MR e.g.
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Occupational Safety and Health in Bangladesh Introduction The occupational health and safety service in Bangladesh is still in the developmental stage. Here the occupational health & safety refers mainly to needs of workers of industries or some manufacturing processes but does not completely cover all occupations of the country. The main laws related to occupational health & safety in this country is the Factory Act 1965 and the Factory Rule of 1979. There are a number of other laws and
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Describe the company and the product safety issue that led to the lawsuit. McDonald’s is the world’s largest chain of hamburger fast food restaurants‚ serving around 68 million customers daily in 119 countries. McDonald’s is headquartered in the United States in Oak Brook‚ Illinois. The company began in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald. In 1948 they reorganized their business as a hamburger stand using production line principles. Businessman Ray Kroc joined
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25/2/12 Health and safety at work act 1974 The Health and Safety at Work Act 1974 is the primary piece of legislation covering work-related health and safety in the United Kingdom. It sets out a lot of your employers’ responsibilities for your health and safety at work. The Health and Safety Executive is responsible for enforcing health and safety at work. Your employer has a ’duty of care’ to ensure‚ as far as possible‚ your health‚ safety and welfare while you’re at work. They should start
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Even though the teachers were outside with the students‚ their attention was not fully present. They can be liable for a breach of duty‚" based on the nature of the activity for which the educator is held responsible. Different activities require different levels of supervision" (Essex‚ 2012‚ p. 171). What factors will determine liability? The factors that will determine if the teachers are liable is if the incident was unforeseen and if the teacher was supervising the students as required
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