Introduction. On March 15 March 2001 Australia’s second largest insurer‚ HIH collapsed with debts in excess of A$5billion. This report intends to discuss some of HIH’s business objectives and creative accounting practices that may have attributed to the collapse of the company. 1.1 History. HIH began operating in Australia in 1968 under the name C.E. Heath plc‚ an English based insurance company whose Australian operations specialised in the underwriting of workers compensation. 1968 was also the year
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It is interesting to note that many advanced societies and civilization fell. Why is that? Jared Diamond believes that environmental degradation is the reason for past flourishing societies to collapse. He defines the term collapse as: “A drastic decrease in human population size and/or political/economic/social complexity‚ over a considerable area‚ for an extended time” (p. 348). In essence‚ Diamond believes that the trouble we are having in society now‚ leads back to environmental deterioration
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1. Explain the structure of the federal judicial system. What are the responsibilities of each part of the system? The federal judicial system can be said to be federal courts with limited jurisdiction. This means that they are only allowed to hear cases that have been authorized by the United States Constitution or the federal statutes. The federal judicial system has 3 levels of the federal court system. This is the U.S Supreme Court‚ the U.S Courts of Appeals and the U.S. District Courts.
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‘Harry Wood’ is a biographical poem about a miner who is depicted as diligent‚ persistent‚ and independent. This ‘Aussie Battler’ was cast as a foreman in the mines during his twenties when he began literally and metaphorically “…digging his way out of poverty” fighting a fearful future of potential poverty during the Great Depression in the 1930s‚ which is used to convey Harry Woods level of dedication and determination towards his job. Harry‚ much like the average Australian‚ is struggling to survive
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What is Management Information Systems? Management Information Systems (MIS) is the study of people‚ technology‚ organizations and the relationships among them. MIS professionals help firms realize maximum benefit from investment in personnel‚ equipment‚ and business processes. MIS is a people-oriented field with an emphasis on service through technology. If you have an interest in technology and have the desire to use technology to improve people’s lives‚ a degree in MIS may be for you. Businesses
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There are a couple of songs that I can always count on to push me through every workout or tough times in my life‚ but my favorite song has to be Till I Collapse by Eminem. The beat‚ lyrics‚ and the emotional voice of Eminem are all what makes this song my favorite. This song has a meaning to it that I could connect with. According to Aaron Copland‚ people listen to different types of music and he divided the types into three planes. Reading all three types I found that I belonged in the expressive
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Topic: Explain the major components of the legal system. Question: Which of the following is a distinguishing feature of a common law legal system? Answer Rationale: Although in the U.S. legal system guilt must be proven beyond a reasonable doubt in criminal matters and there is an appeal process‚ neither of these qualities is integral to a common law legal system. The opposite of a common law legal system is a legal system where the sole source of law is a comprehensive civil code
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Since its inception the juvenile justice system has been highly criticized and critiqued because it has taken many shifts in regards to the path of development and effective strategies to intervene in the lives of youthful offenders. Julian Mack (1909) states that the court was formed as a result of society’s general query about the states duty to protect‚ guide and care for those youthful offenders that reside within its borders that have committed law violations and unacceptable moral behavior
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01.07 Collapse of an Empire: Assessment I see a heavily fortified city. Surrounding the city are tens of thousands of Turkish soldiers that I belong to. We are armed with crossbows‚ shields‚ and swords. Some of us are using multiple ladders to scale the walls of Constantinople. Additional soldiers remain on boats to support us performing the attack. There are 9 things that I am going to describe first hand account during our attack on Constantinople. 1. I am the soldier on the second
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COLLAPSE- Chapter 2 Jared Diamond discusses the Rapanui population of Easter Island in a systematic review of evidence for their decline by examining fives factors: environmental damage‚ climate change‚ foreign relations‚ change in trading patterns‚ and responses/adaptability of inhabitants to change. Diamond explores the natural climatic conditions conducive to Easter Island’s dramatic deforestation‚ among them a very high latitude‚ minimal precipitation‚ low volcanic ash fallout‚ no makatea
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