Q. 1. What are legal formalism and legal instrumentalism? Why is Bourdieu critical of both? Using Epstein Boudreaux says Legal Formalism is premised on First principals and used as a means to constrain and civilize people. As per Epstein without the law‚ we would act like animals. Legal formalism is based on a set of rules based on the wisdom of the ages that are based on a long history of the values of a society that act as a civilizing force. Bourdieu has disagreed and feels that the law doesn’t
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Concept of working capital. Working capital refers to short terms funds to met operating expenses. To quote Ramamoorthy‚ It refers to the funds‚ which a company must possess to finance its day – to –day operations “ it is concerned with the management of the firm’s current assets and current liabilities. It is concerned with the management fo the firm’ current assets‚ and current liabilities. If a firm cannot maintain a satisfactory level of working capital‚ it is likely to become insolvent and
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Comments on the situation’s: Nike Incorporation world’s most successful sports supplementary company. The old name of Nike was Blue Ribbon Sports; it started its business through producing shoes to Japan. Nike has acquisition of all major sports company in the world using its relationship around the sports products and equipment’s. Nike having a high quality in product and creative ideas on sports materials by this it achieved in fast method of growing. Nike as a primary mass producer in shoes
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Capital Structure Practice Problems 1. Hayfin Enterprises has the following operating results and capital structure: Hayfin Enterprises ($000s) | | | Financial Data | | Revenue | $ 6‚000 | Operating Expenses | $ (4‚500) | EBIT (Operating Profit) | $ 1‚500 | | | Debt | $ 1‚200 | Equity | $ 8‚800 | Total Capital | $ 10‚000 | Interest rate on debt = 9% Share price = $25 (MV = BV) The firm is contemplating
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Critical thinking is vital in our day to day lives in order for one to succeed in any facet they do. Autonomous critical thinking skills should be cultivated throughout modern society in order to benefit us as individuals‚ and as a humanity entirely. Critical thinking presupposes a much higher standard of mental command in which people could potentially use to their own advantage in daily situations. In a society which is constantly on the rise‚ with such an emphasis based on the mind‚ there will
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endeavors. Once in place‚ many companies focused on sugar‚ which was the main product that benefited Cuban Agriculture. However‚ the sugar business was not working efficiently to accommodate the Cuban economy. Batista’s regime motivated many revolutions most importantly the rebellion of Fidel Castro and the Rebel Army led by Che Guevara. The Rebel Army with Fidel Castro detested Batista’s regime because they
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forward for thirty years. Today‚ four years after his death‚ the company is still growing steadily. Wal-Mart executives continue to rely on many of the traditional goals and philosophies that Sam’s legacy left behind‚ while simultaneously keeping one step ahead of the ever-changing technology and methods of today’s fast-paced business environment. The organization has faced‚ and is still facing‚ a significannot amount of controversy over several different issues; however‚ none of these have done much
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Notes to Consolidated Financial Statements (continued) complaints‚ which assert varying claims‚ including breach of contract‚ and violations of ERISA‚ state and federal law‚ all allege that the prices BNY Mellon charged and reported for standing instruction foreign exchange transactions executed in connection with custody services provided by BNY Mellon were improper. In addition‚ BNY Mellon has been named as a nominal defendant in several derivative lawsuits filed on various dates in 2011 and 2012
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The death penalty is also known as the Capital Punishment in certain countries. It is a legal process whereby a person is punished by execution by the government as a result for crimes committed. In certain countries‚ this type of punishment is employed mainly for; murder‚ treason‚ arson and rape cases. The first cases of death penalty dated as far as the Eighteenth Century B.C. At this time‚ the death sentences were carried out by the means of; drowning‚ beaten to death‚ impalement‚ crucifixion
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To approach a very complicated matter in a very direct manner‚ I feel the concept of critical thinking is an outlook for the thinking differences amongst people. The idea‚ “When everyone is thinking alike‚ no one is thinking” clearly proposes the need for critical thinking in people. There are many outlooks proposed by ideologists and leaders in the past regarding the diversity in thoughts and how it led to reconstruction of humanity and evolved into our current state of multiculturalism. Although
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