The Olympic Games first started at Olympia in Greece in 776 BC. At that time‚ the games held were organized into festivals. There was a peace agreement called the scared truce between the city-states of Elis and Pisa. The reasons for hosting the Olympic Games at that time fall into three obvious aspects —— the honour of competing‚ the opportunity for trade and also‚ for peace. The reason why cities bid to hold the Olympics now are more complicated than in ancient time. But the main reasons remain
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Liabilities & Financial Analysis Discuss current liabilities and long-term liabilities. What are the differences between the two? Illustrate your understanding of liabilities‚ making sure to identify major types of current liabilities. Respond to at least two of your classmates’ posts. Current liability is a debt that a company expects to pay from existing current assets or through the creation of other current liabilities and within one year or the operating cycle‚ whichever is longer;
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iA Limited Liability Company (LLC) is a business structure allowed by state statute. LLCs are popular because‚ similar to a corporation‚ owners have limited personal liability for the debts and actions of the LLC. Other features of LLCs are more like a partnership‚ providing management flexibility and the benefit of pass-through taxation. Owners of an LLC are called members. Since most states do not restrict ownership‚ members may include individuals‚ corporations‚ other LLCs and foreign entities
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Drivers Consider an Umbrella Liability Policy In our litigious society‚ you may want to have an extra layer of liability protection. That is what a personal umbrella liability policy provides. An umbrella policy kicks in when you reach the limit on the underlying liability coverage in a homeowners‚ renters‚ condo or auto policy. It will also cover you for things such as libel and slander. For about $150 to $300 per year you can buy a $1 million personal umbrella liability policy. The next million will
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Question 1 How might top management have done a better job changing Electra-Quik into a new kind of organization? What might they do now to get the empowerment process back on track? Elektra Products‚ Inc. is facing problems such turn down of market share‚ weak internal communication among departments‚ low morale‚ and employees were seeking other jobs. Therefore‚ the organization has to create a solution which can solve or reduce the problems. Decline of the market share was one of the external
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Loose/Strict Constructionist DBQ By both definition and widespread perception the Jeffersonian-Republicans were strict constructionists‚ meaning they closely followed the framework of the Constitution. On the other hand‚ the belief was that Federalists‚ who thought the Constitution was open for interpretation‚ were loose constructionists. Although both the presidencies of Thomas Jefferson and James Madison (Democratic-Republicans) mainly supported these theories‚ they‚ like other politicians of
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The 1972 Olympics took place in Munich Germany and it was an opportunity for Germany to redeem themselves from the last time they held the Olympics. In 1936 the summer Olympics were held in Berlin Germany under the rule of Adolf Hitler. These games were marred because of Hitler’s racism and discrimination. The 1972 Olympics was Germany’s chance to repaint their image from the violent‚ hate-filled country of 1936‚ to a country that cares for all people. Germany wanted to show the world that they were
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Attention Fellow Classmates‚ I am going to be talking to you today about the Olympic Spirt. The Olympics have been going on for a long time‚ and for some they get better and better each year. With new technology and fresh ideas‚ the games are constantly changing. For some‚ however‚ they are changing in the wrong direction. To these people‚ the games are focused more on the various sporting events and economic benefits‚ rather than what the games are really about. They are supposed to represent
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for the 1936 Olympics did too. The 1936 Summer Olympics is one of the most historic Olympics due to the rise of Hitler‚ the threat to boycott‚ and one of the most courageous American hero competed. Hitler came to power in 1933 and he vowed to restore pride in the German people. After WW1 Germany took sole blame for the cause of the Great War; consequently‚ the German population entered a depression that completely destroyed the people’s pride. Hitler saw that the upcoming Olympics was a great
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Distinguish between a liability and a environmental liability. Is there any difference in the principle? A liability is a present obligation of the enterprise arising from the past events‚ the settlement of which is expected to result in an outflow from the enterprise of resources embodying economic benefits whereas An environmental liability is an obligation to pay future expenditures to remedy environmental damage that has occurred because of past events or transactions‚ or to compensate a
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