Friday, November 29, 2019

An Exploration in Perspective Drawing

Historical Context of Perspective Drawing Perspective drawings entails portraying three dimensional spaces into two dimensional spaces, and are classified into aerial and linear perspective. Historically, perspective drawing was examined by philosophers including Euclid, Roger Bacon, and Robert Grosseteste according to their professions, and the way they made observations of the visible world.Advertising We will write a custom essay sample on An Exploration in Perspective Drawing specifically for you for only $16.05 $11/page Learn More Duccio and Giotto immensely contributed to the study of perspectives through paintings representing real world observations. The underlying goal was to accurately describe what a viewer was seeing with changing vision changed, leading to the mathematical theories of perspective drawing by Piero della Francesca in 1478. Albrecht Dà ¼rer (1471-1528) discovered drawing machines as illustrated in figure 1 below, where differe nt positions of the same object are attained because of variations in viewing positions. Figure 1. Drawing machine. Other contributions were made by Leonardo da Vinci (1452-1519), where geometry and painting were combined, Albrecht Dà ¼rer (1471-1528) on the ‘practice of geometry’, Girard Desargues (1591-1661) on ‘projective geometry’ for slotting a point, x, for mapping points to points and lines to lines, as shown in figure 2 below, the advent and propagation of the use of mathematics in perspective drawing. Figure 2. points and linesAdvertising Looking for essay on art? Let's see if we can help you! Get your first paper with 15% OFF Learn More Math Used In Perspective Drawing The mathematics used in perspective drawing includes a one point, two point, and three point perspective. One point perspective One point perspective is defined by diminishing points as the distance from the observer increases. Take a specific point of choice as the center point and eye point of an object with the axes of the objects having parallel orientations to the drawing plane as an example. If the center point is cp= [6.0, 5.0, 2.0], and the eye point is ep= [6.0,-15.0, 2.0], and the y=l plane is parallel to the x and y axes, there is no rotation because dp= [0, 20, 0]. In this case, the position of the center point is the vanishing point. Figure 2 illustrates one point perspective with one point projection axes. The projection plane is pierced only by one principal axis (Z1). Figure 3. one point perspective Two point perspective The projection plane is pierced by two principal axises in a two point perspective as shown in figure 4 below. If the eye point is ep= [16.0,-15.0, 2.0], and the center point is cp= [6.0, 5.0, 2.0], such that there is a rotation about the z axis, by taking dp= [-10, 20, 0], then, for y=l and z-axis are parallel. The y2 axis does not pierce the axis. Axes or points can rotate in this system. Figure 4. two poin t perspectiveAdvertising We will write a custom essay sample on An Exploration in Perspective Drawing specifically for you for only $16.05 $11/page Learn More Three point perspective The three point perspective occurs when the line of projection is pierced by three principal axes. As illustrated in figure 5 below, the projection plane is pierced by the X3, Y3, and Z3 axes.1 Figure 5. three point perspective How perspective drawing involves the mathematical ideas Mathematical ideas are involved in perspective drawing because it lies on the rations of the objects that are drawn as illustrated in figure 6 below. Figure 6. Two and three point perspectives Bibliography Barsky, Brian A. A Note on the Mathematics of Two- and Three- Point Perspective  https://people.eecs.berkeley.edu/~barsky/perspective.html#one%20point,1998Advertising Looking for essay on art? Let's see if we can help you! Get your first paper with 15% OFF Learn More Boyer, Carl B., A history of mathematics, Princeton University Press, Princeton, 1985. Treibergs, Andrejs, The Geometry of Perspective Drawing on the Computer  http://www.math.utah.edu/~treiberg/Perspect/Perspect.htm#intro,2001 Footnotes 1 Andrejs Treibergs, The Geometry of Perspective Drawing on the Computer. This essay on An Exploration in Perspective Drawing was written and submitted by user Theo Pate to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Monday, November 25, 2019

Methamphetamine essays

Methamphetamine essays In the last decade, methamphetamine use has dramatically increased throughout the United States. This growing epidemic raises concerns for a variety of reasons. First, methamphetamine is extremely addictive and often leads to compulsive use. Secondly, this is particularly problematic because as the abuse problem continues to rise, a growing body of research is demonstrating a wide range of neurotoxic effects that can result from the drug. Methamphetamine administration in laboratory animals has been proven to cause profound and long-lasting toxicity of the brain, most notably to dopamine terminals (Volkow, et al. 2001, p. 377). Recent studies have confirmed that methamphetamine abuse exerts similar effects on dopaminergic systems in humans as well, in addition to other structures of the brain. Dopamine is an essential neurotransmitter that plays a role in memory, mood, and motor coordination (Imaging Studies, 2001, p. 12). Damage to dopamine-related structures is linked to numerous l ong-term consequences, including memory impairment, motor deficits, mood disorders, psychiatric symptoms, anxiety problems, and increased aggressive tendencies. In a recent study conducted by Volkow and her colleagues, certain brain areas of methamphetamine users were compared to a control group using positron emission tomography (PET). All of the users met the DSM-IV criteria for dependence on the substance. Their length of abstinence from the drug ranged from 2 weeks to 35 months, and none had a prior history of drug addiction. The comparison group consisted of healthy volunteers with no past history of drug use. The focus of this study was to assess memory and motor impairments due to dopamine transporter reductions in methamphetamine abusers. Researchers were also interested in determining whether the drug produced any significant effect on portions of the brain not innervated by dopamine. A similar study was conducted by Sekine and his...

Friday, November 22, 2019

The modernization theory Essay Example | Topics and Well Written Essays - 2000 words

The modernization theory - Essay Example This multi-dimensional orientation of the concept give it a much wider and bigger scope to cover and discuss many important and critical issues of the modern world and specially those faced by the developing countries. In effect, Modernization theories study the impact of modernization process on the human communication and in doing so explore many critical and important issues which may serve as the reconciliation points between the developed and developing world. However these modernization and development theories are controversial also as the most underdeveloped societies due to their strong cultural, religious and economic values find it hard to embarrass a change which has not emerged indigenously. This study will explore the modernization and development process besides providing a critical analysis of the theoretical framework and the impact of cultural invariance on the modernization and development process and the societies. The historical orientation of the modernization and development process suggest that it is a macro-theory with historical and sociological inspirations. (Universiteit Twente). It is believed that the theories of modernization and development were developed in order to assess its impact on the human communication. Gidden defined modernization as â€Å"the appearance of the modes of social life of organization which emerged in Europe from about the seventeenth century onwards and which subsequently became more or less worldwide in their influence† (Giddens). Therefore in effect, modernization defines the changing ways of the communication taking place in modern and traditional society. In its essence the modernization and development theories suggest that the western values and practices are best and that if replicated by the developing countries can prove beneficial to the long term

Wednesday, November 20, 2019

Comparing Story to Real World Essay Example | Topics and Well Written Essays - 1250 words

Comparing Story to Real World - Essay Example Oates revealed that a story she read in the Life magazine served as the main inspiration for her to write the short story. From the Life magazine, Oates became familiar with the increasing vulnerability of American adolescents in the hands of individuals who took advantage of their lack of experience. For this reason, Oates recreated the story in Where Are You Going, Where Have You Been. In the Oates story, she introduced Connie and Arnold Friend, who would take advantage of the innocent girl (Caldwell 316). A close analysis of Connie’s life reveals that she was only beginning to gain self-awareness at the tender age of 15. As common with many adolescents, Connie has a bumpy relationship with her mother (Caldwell 3). Worth noting is the fact that Connie’s mother had recognized Connie’s curiosity to explore the world. However, she did not give her the relevant warnings that would serve as guidelines in her life. Connie exhibited two different lifestyles. While at home, Connie played the role of an innocent and naà ¯ve girl. However, when Connie went to the shopping mall, she behaved like an excited teenager ready to seek attention from boys. A close analysis of Connie’s attitudes reveals that the emotional and physical changes that take place during adolescents had taken a toll on her. She craved for attention and love from the boys. Unfortunately, Connie was unable to handle such attention as the film Smooth Talk illustrates. During one of Connie’s visits to the shopping mall, she spotted a peculiar boy, who eventually turned out to be Arnold Friend. The peculiarity with Arnold Friend is that he is much older, but deceives girls by faking a younger age. Since Connie craves for attention from boys, she becomes highly predisposed for Arnold Friend’s tactics (Caldwell 6). As both the film and short story highlight, Connie’s thoughts have focused

Monday, November 18, 2019

Management (principles,skills,and applications) Essay

Management (principles,skills,and applications) - Essay Example The most important consideration has to be the manager effectiveness. From this quality all the other facets in a manager depend upon. To be effective should be the main concern for any manager. So we study the management skills with this idea in mind. In a world of continuous change thanks to the technological and scientific advances there is an increasing need for new and better leaders in all of the fields of the business spectrum. There is a growing need for a higher vision in the way business is done, so management skills fill up a very prominent place in the ladder of success in any corporate environment. To achieve many of its goals any company looks for the best people with the best qualities so they can fulfill its expectancies with certain reliability. Managers should be endowed with many different skills as we will see in the following pages. Their effectiveness will be the source for the success of the business enterprise, so there are many strong demands placed on the managers' shoulders in relation to their skills. Leslie W. Rue and Lloyd L. Byars (2005) in their book "Management: Skills and Application" (PowerPoint format) deals with the most relevant principles of Management. They make the distinction of the different kinds of management into three classes: Top management, middle management and supervisory management (chapter 1, slide 6). In the slide 7, chapter 1, they state that the tasks or functions of management are planning, organizing, staffing, leading, and controlling. As the roles of management they specify three roles in slide 9, chapter 1: interpersonal roles (figurehead, relationship builder, leader), information-related roles (monitor, communicator, spokesperson), decision making roles (entrepreneur, disturbance handler, resource director, negotiator). All this gives us a clear picture of the scientific nature of Management. On the other hand, Gerald M. Blair considers that the manager of a small team has to play the roles of planner, provider, and protector at the same time.In chapter 1, slide 10, of the cited book by Rue and Byars (2005) the authors delimit the management skills into three categories: conceptual, human resources, and technical; and they define them in the following way: Conceptual: help managers understand how different parts of an organization relate to one another and to the business as a whole. Human resources: needed by managers to understand and work with people. Technical: specific abilities that people use to perform their jobs. Gemmy Allen, on the other hand, speaks about the same categories in the article entitled "Management Skills" referring to one book by Robert Katz: "Robert Katz identified three managerial skills that are essential to successful management: technical, human, and conceptual. Technical skill involves process or technique knowledge and proficiency. Managers use the processes, techniques and tools of a specific area. Human skill involves the ability to interact effectively with people. Managers interact and cooperate with employees. Conceptual skill involves the formulation of ideas. Managers understand abstract relationships, develop ideas, and solve problems creatively. Thus, technical skill deals with things, human skill concerns people, and conceptual skill has to do with ideas." In this way they agree in these main

Saturday, November 16, 2019

Why is Pakistan counted as underdeveloped?

Why is Pakistan counted as underdeveloped? Right now, Rs. 52,941 is the debt which is on the shoulders of each and every Pakistan, where total external and internal debt Pakistan today accountable is Rupees Nine trillion. Where as in the mid-nineties, the same figure was Rupees 30,000 which was to be borne by each Pakistani citizen. The government of PM Nawaz Shareef came up with an initiative of Qarz Utaro Scheme which somehow gave a relieving cushion to the debt servicing piles. Right now there is a total financial dichotomy in the country. In these worsening situations, it is again said that national treasury is facing an additional burden of Rupees 14 billion due to 12 percent increase in military pensions in 2007-2008  [3]  . On the other side of the coin, futuristic look is giving much cynical and gloomy representation as the total external debt is likely to soar by more than 43 per cent over the next five years, to about $73 billion in 2015-16 from about $50.76 billion early this year  [4]  . Though the incapability and powerlessness of numerous countries to use the provided external supply in terms of aid or debt, it is further attributed to many other characteristic factors, the insufficient and scarce absorptive competence is termed as the rule of thumb applicable in many UDCs as a limitation on the well-organized and proficient utilization of external resources. The normal debt indicators which are commonly practiced in Pakistan are: Debt : GNP ratio Debt : Debt Service Liability Debt : Foreign Exchange Earnings CHAPTER II LITERATURE REVIEW (Ashfaq, 2005) in his research (Aid Effectiveness, Debt Capacity and Debt Management in the Economy of Pakistan) discusses that discrete views are prevailing concerning the usefulness of external assistance to the UDCs. As many of the researchers and economist say that aid and debt is much useful in lessening the monetary tailback and blockage to enlargement of many developing countries like Pakistan, no matter the essence of taking assistance is satisfied or not (for example Cassen 1994, G. Papanek 1972, etc). The challengers declare that foreign assistance either in terms of aid or debt always caused disastrous affects on the maturity of the recipient country. A number of gives a moderate point of views on the same debate. The association linking external debt and economic escalation has been observed broadly in recent years. These studies have mostly focused on the destructive influence of a countrys debt overhang which means the addition of a stockpile of liability so hefty as to terrorize the countrys ability to pay back its precedent loan. The theme of the research is to see how and to what degree the foreign assistance has and debt affected the economy. It is to analyze the external assistance and resources in terms of its dynamic and fruitful role in the economy and as a bridge of expansion and growth or vice versa. The main idea is to check and estimate the effectiveness of foreign air and external debt in the country and the researcher seek to determine whether further resources linked with external assistance have in point of fact brought some kind of revolution in the economy or the situation is completely opposite of what it should be. The research will also investigate the position of debt lumber on Pakistan, giving extreme importance given on Pakistans competence in debt servicing and its retirement; in the light of major problems in debt management practices creating worst economic shape of the country. ( Hayat et al, 2010) discuss in their research (External debt and Economic Growth: Empirical evidence from Pakistan) of the known fact to everyone that Pakistan does not enjoy a good repute for aid and external debt. It has almost unmatchable witnesses of significant economic assistance from about each part of the globe. He further argues that Since Pakistans emergence of world map; it is facing crucial problems in balance of payments deficit. To finance this balance of payments deficit and loses, Pakistan is heavily relying on external debt. World Bank classified Pakistan as severely indebted country of South Asia in 2001.Even though, Pakistan shows a mushroom growth in its economy in the presence of serious economic and highest degree of political in-stability. Although it also showed variability with the passage of time but the situation at this point in time is worse where the growth rate of GDP is just 2% which was 7% in 2007. The outstanding stock of external debt swelled by a huge sum of Rupees 1095.1 billion in FY09, registering a growth of 36.1 percent against 28.9 percent in FY08. As far as debt is related, International Monetary Fund (IMF) debt further damager the condition. The rise in debt stock of IMF by US$ 3.8 billion was the major factor for rise in total debt stock during FY09. As discussed earlier, facing severe balance of payments problems the government had approached the IMF for a US$7.6 billion Stand-By Arrangement (SBA) loan which was approved by the IMF board in November 2008. The IMF has also acceded to government of Pakistans additional request for US$3.2 billion, which has increased the total assistance to $11.3 billion. The bad and declining economic conditions also creates problems in Pakistan foreign exchange re serves. It was $ 14 Billion in June 2007 showing a drastic decline of 75.71% by the mid of 2010 to just $ 3.4 Billion. Prior to the events of September 11, 2001, Pakistans economy was caught in a vicious debt trap. U.S. bilateral aid to Pakistan started in 1951. Pakistan, in total, received a massive amount of $2 billion dollars between 1953 and 1961. On the other side, by the early 1960s, aid reached $400 million per year. At the peak level, we get to know that in the first phase of the same decade, only United Stated provided fifty percent of the total aid Pakistan was receiving; which covered one third of the development budget and financed more than half of the import bill. It was the time by 1982, US was givibg $ 5.1 Billion to Pakistan as aid on annual basis. (Ibrahim, 2009) in his research (U.S. aid to Pakistan-U.S. Tax payers have funded Pakistani corruption) discussed the situation getting further worse when sanctions were imposed by the G-8 countries on bilateral and multilateral lending as a consequence of Pakistans nuclear tests in May 1998 and subsequently because of the military coup in October 1999. Pakistan was able to reschedule US $ 3.96 billion of its bi-lateral liabilities through the Paris Club in 2000. The reschedule was, however, on short-term basis and dependent on the IMF agreement, which was being finalized at the time with all its stringent conditionality. The post September 11, 2001, events once again brought Pakistan into the limelight of global geo-strategic interests. The most significant benefit which Pakistan attained vis-à  -vis its external debt problem was the restructuring agreement with the Paris Club in December 2001. Under the agreement, the debt repayment period was extended to a span of 38 years with a grace period of 15 years. This means that Pakistans debt servicing liabilities will decline by US $ 2.7 billion between 2002 and 2004 and according to the State Bank; the net present value of external debt is expected to decline somewhere between 27 and 43 per cent between 2002 and 2017. All these problems faced by Pakistan are quite alarming and shows a need of taking massive and severe steps to take the position in a controllable mode, as further delay will make Pakistan drift herself into many other financial as well as social issues. (Ahmed, 2010) argued that Pakistan must refuse to pay foreign debt payment and spend the same amount on relief and rehabilitation of people affected from recent flood and terrorism. He said that 20 Million populations have got effected from the angry flood which are a crucial part of $ 54 Billion foreign debt yet to be paid back with interest. People in Pakistan are already facing unemployment, hunger and worst hardships and the episode of the flood creating massive problems for such a huge number of populations is again devastating. Therefore, Pakistan is greatly unable to service its debt liability. Pakistan spends $ 3 Billion every year on its debt servicing where Pakistans debt-to-GDP ratio has skipped the massive height of 61% this fiscal year. Government is sometimes talking of cutting development budget and reduces subsidies on the call of IMF. The situation according to him is getting more badly where Government is talking about levying flood tax on the poor people of Pakista n. Despite of taking such steps, Pakistans government should take serious steps in the eradication of such problems by cutting military and capital budgets. (Haider Mullick, 2004) discusses the fact that though Pakistan has been a front-line ally to The United States for the war on terrorism to curb the threats on the US soil; but received a sum of $2.4 billion in foreign aid  [5]  . He further argues that after the terrorist attacks on the WTC on September 11, 2001 many of the rich and developed nations pondered over the fact that foreign aid to UDCs has now turned to a new phenomenon with a blend of new priority and importance unlike previous times. All is due to the reason of such UDCs falling into the hands of radical extremists and fanatics which finance the poor and misuse their status of poverty. It is just due to the Pakistans involvement to help the US and NATO forces to defeat the Taliban regime in Afghanistan and the US are allocating massive aid in an injecting manner similar to 80s. But the end result could become much fierce. There can be a financial dead-lock in the country if the US and NATO move out of the Afghan lan d in next 10 years. Our system in Pakistan will be so dependent on the aid and grants that when it will be removed; there is a growing fear of over all system-collapse. He stresses on the immediate need of autarky and self dependence like India and China. (Martin, 2009) writes in his research about Pakistan Capital Crisis that Pakistans government has reached to an agreement with the International Monetary Fund (IMF) for a sum of $ 7.6 B in the form of loans followed by massive hefts of impositions on the economy of Pakistan. Despite of the huge sum, Pakistans financial dichotomy still persists and the state has requested additionally for a sum of $ 4.5 billion. He states that Pakistan badly affected capital situation is affecting the nations over all economic efficiency and performance leading towards socio-political havoc. He further extends his argument to the debt burden Pakistan is getting in such monetary and socio-economics problems that it will become very difficult for a common Pakistani to win bread for his family. He discusses about different research groups which have recently issued reports on the prevailing circumstances in the country that further recommends on the actions that the United States can do to help an improv ed economic system. He indicates the role of Congress that may consider many of the recommendations and take severe actions to increase in USs non-military assistance and establishment of reconstruction opportunity zones in the country. It is barely on the mercy of time which will show the effectiveness of what such recommendations will bring; prosperity or disaster. The US is interested in a firm and established democratic Pakistan which can act as a front-line ally to the US interests in Afghanistan and South Asia. The US wants to assist Pakistan on the basis of regional and global terrorism which is the major threat to the US after September 11, 2001. Now, the US think-tanks are pondering over the fact that a financial stalemate in the country will might weaken multilateral endeavors to soothe South Asia and restrain the growing emergence of Islamic extremism; so there is an immediate need of capital assistance in a rapid and quick way. (Momani, 2004) discusses the Triad focusing on Pakistan, The IMF and The U.S. War on Terrosism. She argues the basic question that did The U.S intrude to approve the final payout of Pakistans IMF as a prize to support the United States war on terrorism? It is a rule of thumb that The IMF has been always politicized to attain foreign policy objectives which are important to the U.S. It is a matter of fact that Pakistans loans approval was immediately given after 9/11 attacks by the IMF but was scheduled for the approval by the executive board of IMF. The overall situation gets clumsy as there are strong and positive linkages of the United States influence inside the decision makings of The IMF to strongly correlate objectives getting success in the end- Exactly what The United States have been doing to all Under developed countries (UDCs) across the globe. Although there are weak evidences present of the USs influence in the case of Pakistan but the writer argues that The United State s clearly wanted to take a credit for the approved payment by the IMF to the country, getting General Musharraf as a front line ally to attack Afghanistan. (Hameed et al , 2008) discuss how external debt and aid is deteriorating the fiscal and monetary policies of Pakistan. In their research that even in short run or long run; the relationship between debt shamble and economic growth is always negative in the Pakistans history until now. It is clear to every one that debt and debt servicing responsibilities always bring negative productivity as far as labor and capital is concerned. Now, the relationship is causal to the fiscal deficit in the country. When there is a problem in the labor and productivity, there is always a negative impact on the taxation base. On the other hand there are severe problems prevailing as people always look to avoid or evade taxes. The researchers also focused on the need of cutting the above mentioned expenditures drastically so that there should be an adequate cushion given to the injured fiscal structure of the country. They also stressed on the reality that debt service relation tends to affect negativel y GDP and thereby the rate of economic growth in the long-run, which, in turn, reduces the ability of the country to service its debt. Now tax being the foremost and crucial part of the fiscal structure as revenue plays a very important element as far as the capital, development and military expenditures are in question. The researchers claim that external debt is not good for a country in general and Pakistan particularly after a certain limit as piles of interest has to be returned back which further deteriorate the fiscal structure of the country. (Hashmi, 2009) worked on the reflections of Pakistans economy due to the war on terror. On the other hand she also focused on the mutual relationship between the fiscal discrepancies and Pakistans involvement in the War on terror as an ally of the United States. As matter of fact, Pakistan was a heaven for most of the world most renowned investors which always saw Pakistan as place where huge piles of profits are present. There were and still ate many latent demands which people want in their life. Consequently, many of the Multinational companies and other world class organizations were interested in setting up business in Pakistan and importing the raw material in the field of textiles and other services into their own countries. With the invasion of NATO and US troops in Afghanistan, the situation was worse than ever before in the history of Pakistan. All of a sudden all the investors from Pakistan flew away taking all their capital and investment out of the country. Stock markets crashed as due to the war in Afghanistan, all the foreign investors were afraid of loosing their huge chunks of virtues; the virtues which in the end makes Pakistan generates heavy amounts of taxes being used as revenue for the state. There is a worse fiscal and monetary gridlock in the country after facing much socio-economic and political instability. (Burki, 2008) applies the political economic analysis of decision making processes in the donor country to the special case of US aid to Pakistan. Pakistan is not an extremely poor country but nevertheless, it is among the 5 major recipients of foreign aid. Over the last decades, Pakistans aid receipts show considerable shifts for which no obvious development related reasons can be provided. This calls for explanations related to reasons other than developmental efficiency which require a closer look at decision making processes on the donor side. Looking at the United States as the single most important bilateral donor, we draw upon earlier analyses of the effect of lobbying on congressional decision making. Numerous studies, like Coughlin (1985), Tosini and Tower (1987), Harper and Aldrich (1991), Marks (1993) and Baldwin and Magee (1998) empirically tested the hypothesis of domestic lobbies affecting congressional voting behavior with respect to US trade policy. A more recent stud y by Gawanda et al. (2004) also includes the effect of lobbies working for foreign principals, e.g., for foreign governments and foreign business groups. As a result, the external assistance Pakistan has been given was all on the basis of political interests of the donor countries and show minimal or negligible improvement in the economic and fiscal structure of the country. Over the years, the sums of aids and external debts have been getting a sky-high increase but the monetary situation is worse since 1947. He argues that there is a negative relation of aid and foreign debt with the economic uplift of a country, especially in Pakistan where the situation is quite different due to its involvement in war on terror, prevailing corruption, and no productivity due to energy crisis, Minimum subsidies and The IMFs impositions on the poor Pakistani. Results from ineffective use of the money show that unidirectional causality runs from the foreign exchange constraint to the budget deficit and then from the budget deficit to the external debt stock. Bi-directional causality was observed between foreign exchange requirements and the external debt stock. Chapter III 3.0 Theoretical Framework CHAPTER IV METHODOLOGY AND CHOICE OF ANALYTICAL TECHNIQUE 4.1 Research type In order to conduct my research study the most suitable data I have gathered is secondary in nature collected from reliable and consistent data sources and no primary data has been collected, hence my study will be referred to as secondary research. 4.2 Data type Reference Period Data type is purely secondary in nature as no primary data has been acquired. Reference period for my research is from 1995-2009 Research Hypothesis 4.3.1 Basic Research Hypothesis First Hypothesis Ho: External aid and debt has a negative correlation with the GDP growth in Pakistan from 1995-2009 HA: External aid and debt has a positive correlation with the GDP growth in Pakistan from 1995-2009 Second Hypothesis Ho: Economic growth will not be continual by rising external debt and foreign aid to Pakistan HA: Economic growth will be continual by rising external debt and foreign aid to Pakistan 4.3.2 Statistical Hypothesis Grants as a percentage of GDP H0: To test the hypothesis that Grants as a percentage of GDP has no negative on External debt as a percentage of GGP H0:ÃŽÂ ²1=0 H1: To test the hypothesis that Grants as a percentage of GDP has negative impact on External debt as a percentage of GGP H1:ÃŽÂ ²1à ¢Ã¢â‚¬ °Ã‚  0 Foreign Direct Investment H0: To test the hypothesis that FDI as a percentage of GDP has insignificant no negative on External debt as a percentage of GDP H0:ÃŽÂ ²2=0 H1: To test the hypothesis that FDI as a percentage of GDP has negative impact on External debt as a percentage of GDP H1:ÃŽÂ ²2à ¢Ã¢â‚¬ °Ã‚  0 Debt Servicing H0: To test the hypothesis that Debt servicing as a percentage of GDP has no positive impact on External debt as a percentage of GDP H0:ÃŽÂ ²3=0 H1: To test the hypothesis Debt Servicing as a percentage of GDP has positive impact on External debt as a percentage of GDP H1:ÃŽÂ ²3à ¢Ã¢â‚¬ °Ã‚  0 Trade Deficit H0: To test the hypothesis that Trade Deficit as a percentage of GDP has no negative impact on External debt as a percentage of GDP H0:ÃŽÂ ²4=0 H1: To test the hypothesis that Trade Deficit as a percentage of GDP has negative impact on External debt as a percentage of GDP H1:ÃŽÂ ²4à ¢Ã¢â‚¬ °Ã‚  0 Fiscal Deficit H0: To test the hypothesis that Fiscal Deficit as a percentage of GDP has no negative impact on External debt as a percentage of GDP H0:ÃŽÂ ²5=0 H1: To test the hypothesis that Fiscal Deficit as a percentage of GDP P has negative impact on External debt as a percentage of GDP H1:ÃŽÂ ²5à ¢Ã¢â‚¬ °Ã‚  0 Saving Investment Gap H0: To test the hypothesis that Saving- Investment Gap as a percentage of GDP has no negative impact on External debt as a percentage of GDP H0:ÃŽÂ ²6=0 H1: To test the hypothesis that Saving- Investment Gap as a percentage of GDP P has negative impact on External debt as a percentage of GDP H1:ÃŽÂ ²6à ¢Ã¢â‚¬ °Ã‚  0 3.4.1 Variable reference list Dependent Variable External Debt as a percentage of GDP (Malik, 2010) Independent Variables Fiscal Deficit as a percentage of GDP* (Ashfaq, et al 1999) Foreign Direct Investment as a percentage of GDP* (Azam et al, 2009) Balance of Payment as a Percentage of GDP* (Loser, 1977) and (Malik et al, 2010) Exchange rate fluctuation (Mahmood et al , 2009) Capital Flight (Chipalkati , Rishi; 2009) Foreign Aid as a percentage of GDP* (Miles B. Cahill, Paul N. Isely) Saving-Investment Gap percentage of GDP (Malik, 2010) Debt Servicing percentage of GDP* (Clement, et al, 2009) Trade Deficit as a percentage of GDP* (Mohammad, 2010) Grants excluding technical assistance percentage of GDP* (Befekadu Degefe ) * as a percentage of GDP is used to gauge the variables in accordance to economic growth of Pakistan Information gathering and sampling procedures Data Sources The data sources for my research study are as follows: WDI Data reliability and internal consistency WDI is a renowned database developed by World Bank. The data from WDI is completely reliable to be used in the research. 3.4.4 Data analysis tools and techniques Multiple regression: To measure the increasing effect of independent variables on the dependent variable and to obtain a single regression line for all variables, which will be further used in hypothesis testing Granger Causality: The researcher would like to identify whether variation in a variable will enclose an impact on changes other variables Scatter Plots: Such plots will also be used for graphical representation of data. 4.1 Statistical Analysis Grants and External Debt Dependent Variable: External Debt as a Percentage of GDP Independent Variable: Grants excluding technical assistance as a percentage of GDP In this relation, the result is significant at 15% level. Keeping all other variables constant, one Dollar change in External debt as a percentage of GDP creates negative 3.83 Dollars in Grants excluding technical assistance (as a percentage of GDP). This is because in many underdeveloped parts of the world, Grants excluding technical assistance is used to finance much governmental expenditure. Also, such grants are also used in debt servicing. As a special case, Pakistan has been using such grants in the same manner. This is because Pakistan has been a key ally to The United States of America for War against Terrorism. The country has been paying much in the form of deficits in each governmental tool. Hence, the lesser Grants given to Pakistan, more piling of external debt will be apparent. T-stat for ÃŽÂ ²1 comes out to be 1.156; where T-Critical is 1.108 at 15% significant level. In this way, the research tends to reject H0, where Hypothesis is: H0: To test the hypothesis that Grants as a percentage of GDP has no negative impact on External debt as a percentage of GGP H0:ÃŽÂ ²1=0 H1: To test the hypothesis that Grants as a percentage of GDP has negative impact on External debt as a percentage of GGP H1:ÃŽÂ ²1à ¢Ã¢â‚¬ °Ã‚  0 Grants and External Debt Dependent Variable: External Debt as a Percentage of GDP Independent Variable: Grants excluding technical assistance as a percentage of GDP In this relation, the result is significant at 15% level. Keeping all other variables constant, one Dollar change in External debt as a percentage of GDP creates negative 3.83 Dollars in Grants excluding technical assistance (as a percentage of GDP). This is because in many underdeveloped parts of the world, Grants excluding technical assistance is used to finance much governmental expenditure. Also, such grants are also used in debt servicing. As a special case, Pakistan has been using such grants in the same manner. This is because Pakistan has been a key ally to The United States of America for War against Terrorism. The country has been paying much in the form of deficits in each governmental tool. Hence, the lesser Grants given to Pakistan, more piling of external debt will be apparent. As the regression equation is: ÃŽÂ ± = 35.0 3.83 ÃŽÂ ²1 2.89 ÃŽÂ ²2 1.87 ÃŽÂ ²3 + 0.581 ÃŽÂ ²4 + 3.10 ÃŽÂ ²5 0.133 ÃŽÂ ²6 T-stat for ÃŽÂ ²1 comes out to be 1.156; where T-Critical is 1.108 at 15% significant level. In this way, the research tends to reject H0, where Hypothesis is: H0: To test the hypothesis that Grants as a percentage of GDP has positive impact on External debt as a percentage of GGP H0:ÃŽÂ ²1=0 H1: To test the hypothesis that Grants as a percentage of GDP has negative impact on External debt as a percentage of GGP H1:ÃŽÂ ²1à ¢Ã¢â‚¬ °Ã‚  0 Grants and External Debt Dependent Variable: External Debt as a Percentage of GDP Independent Variable: FDI as a percentage of GDP H0: To test the hypothesis that FDI as a percentage of GDP has positive correlation with External debt as a percentage of GDP H0:ÃŽÂ ²2=0 H1: To test the hypothesis that FDI as a percentage of GDP has negative correlation with External debt as a percentage of GDP H1:ÃŽÂ ²2à ¢Ã¢â‚¬ °Ã‚  0 As the regression equation is: ÃŽÂ ± = 35.0 3.83 ÃŽÂ ²1 2.89 ÃŽÂ ²2 1.87 ÃŽÂ ²3 + 0.581 ÃŽÂ ²4 + 3.10 ÃŽÂ ²5 0.133 ÃŽÂ ²6 It states that negative change of $ 2.89 in FDI (as a percentage of GDP) adds $ 1 External Debt (as a percentage of GDP. Hence, lesser the FDI, more is the external debt. On the other hand t-stat for ÃŽÂ ²2 is 1.824; where T-Critical is 1.108 at 15% significant level. Since t-stat is greater than t-critical, the researcher tends to reject the null hypothesis which states that FDI (as a percentage of GDP) as a negative correlation with external debt (as a percentage of GDP) Debt Servicing and External Debt Dependent Variable: External Debt as a Percentage of GDP Independent Variable: Debt Servicing as a percentage of GDP H0: To test the hypothesis that Debt servicing as a percentage of GDP has positive correlation with External debt as a percentage of GDP H0:ÃŽÂ ²3=0 H1: To test the hypothesis Debt Servicing as a percentage of GDP has negative correlation with External debt as a percentage of GDP H1:ÃŽÂ ²3à ¢Ã¢â‚¬ °Ã‚  0 As the regression equation suggests: ÃŽÂ ± = 35.0 3.83 ÃŽÂ ²1 2.89 ÃŽÂ ²2 1.87 ÃŽÂ ²3 + 0.581 ÃŽÂ ²4 + 3.10 ÃŽÂ ²5 0.133 ÃŽÂ ²6 A negative change of $ 1.87 in Debt Servicing as a percentage of GDP adds $ 1 External Debt (as a percentage of GDP). Hence, lesser the debt retirement is, the more is the external debt piling is seen in Pakistan (1995-2009) On the other hand t-stat for ÃŽÂ ²3 is 1.442; where T-Critical is 1.108 at 15% significant level. Since t-stat is greater than t-critical, the researcher tends to reject the null hypothesis which states that Debt Servicing (as a percentage of GDP) as a negative correlation with external debt (as a percentage of GDP). Trade Deficit and External Debt Dependent Variable: External Debt as a Percentage of GDP Independent Variable: Trade Deficit as a percentage of GDP H0: To test the hypothesis that Trade Deficit as a percentage of GDP has a positive correlation with External debt as a percentage of GDP H0:ÃŽÂ ²4=0 H1: To test the hypothesis that Trade Deficit as a percentage of GDP has a negative correlation with External debt as a percentage of GDP H1:ÃŽÂ ²4à ¢Ã¢â‚¬ °Ã‚  0 The regression equation suggests that: ÃŽÂ ± = 35.0 3.83 ÃŽÂ ²1 2.89 ÃŽÂ ²2 1.87 ÃŽÂ ²3 + 0.581 ÃŽÂ ²4 + 3.10 ÃŽÂ ²5 0.133 ÃŽÂ ²6 $ 0.581 change in Trade Deficit (Trade deficit increases i.e. Imports>exports) as a percentage of GDP creates a positive change of $ 0.581 External debt as a percentage of GDP. Hence, greater the trade deficit is, the more is external debt evident in Pakistan (1995-2009) On the other hand t-stat for ÃŽÂ ²4 is 1.311; where T-Critical is 1.108 at 15% significant level. Since t-stat is greater than t-critical, the researcher tends to reject the null hypothesis which states that Trade Deficit (as a percentage of GDP) as a negative correlation with external debt (as a percentage of GDP). Grants and External Debt Dependent Variable: External Debt as a Percentage of GDP Independent Variable: Fiscal Deficit as a percentage of GDP H0: To test the hypothesis that Fiscal Deficit as a percentage of GDP has no negative impact on External debt as a percentage of GDP H0:ÃŽÂ ²5=0 H1: To test the hypothesis that Fiscal Deficit as a percentage of GDP P has negative impact on External debt as a percentage of GDP H1:ÃŽÂ ²5à ¢Ã¢â‚¬ °Ã‚  0 The regression equation suggests that: ÃŽÂ ± = 35.0 3.83 ÃŽÂ ²1 2.89 ÃŽÂ ²2 1.87 ÃŽÂ ²3 + 0.581 ÃŽÂ ²4 + 3.10 ÃŽÂ ²5 0.133 ÃŽÂ ²6 $3.10 change in Fiscal Deficit (i.e. Government Revenues > Government Expenses)as a percentage of GDP creates a positive change of $ 1.00 in Pakistans external debt. Hence, greater the fiscal deficit is, the more is external debt is in Pakistan during 1995-2009. On the other hand t-stat for ÃŽÂ ²4 is 1.834; where T-Critical is 1.108 at 15% significant level. Since t-stat is greater than t-critical, the researcher tends to reject the null hypothesis which states that Fiscal Deficit (as a percentage of GDP) as a negative correlation with external debt (as a percentage of GDP). Saving Investment Gap and External Debt Dependent Variable: External Debt as a Percentage of GDP Independent Variable: Saving Investment gap as a percentage of GDP H0: To test the hypothesis that Saving- Investment Gap as a percentage of GDP has positive correlation on External debt as a percentage of GDP H0:ÃŽÂ ²6=0 H1: To test the hypothesis that Saving- Investment Gap as a percentage of GDP P has negative correlation

Wednesday, November 13, 2019

It Wont Happen to Me - Original Writing :: Papers

It Won't Happen to Me - Original Writing Harvey had heard about the disappearances in the forest. Despite what his parents had said and the rumours he had heard, he was not going to let himself be scared by some over exaggerated stories. After all, he was fifteen years old, strong and definitely didn't think anything could possibly happen to him. It was one of those days in the middle of July when the summer seems as if it will never end. Harvey wanted to make the most of his holiday and was going to stay at someone's house with a couple of friends and hoped to arrive before dark. His parents had insisted on him taking the long way round and bypassing the forest but he decided it would take too long. He felt it made no sense riding the long way around instead of taking the direct route so he grabbed his backpack, hopped on his bike and started to make his way through the dirty trails of the forest. All was going well, Harvey was cheerful and was looking forward to the night ahead of him. He thought that if he kept up this pace he would be at his friend's house in no time. But suddenly he heard something from underneath him. Upon further inspection he realized he had suffered a puncture. "Damn", he cursed as he examined the damage. The tyre was completely deflated and there was no hope of cycling the rest of the journey. He stood still in the middle of the middle of the forest for a few moments and contemplated what would be the best thing to do. He remembered he had left his bike lock at home and was angry with himself that he had left with such haste. He decided that all he could do was put his bike behind a towering fir tree and hope that its bright red colour scheme didn't attract too much attention. The light was beginning to fade so he quickly rejoined the track and carried on with his journey.

Monday, November 11, 2019

Animal Rights Issue Research question

Topic: Animal Rights Issue Research question: Has animal rights issue gone too far? Working thesis statement: Do animal rights organization take it too far, when it actively encourages a vegetarian diet as a way of life? Yes it’s taking it too far by ignoring the value of nutrients that meat can offer our bodies. Research plan: I plan to conduct my research on the issue if animal rights organizations have gone too far in promoting a vegetarian diet. But also on those who do not encourage this and the importance that meat has.Some of the sites I will be using are http://www. prairie. org/, http://digitalcommons. csbsju. edu, and other resources. Timetable for Research Project Assignments| Assignment related to the research paper| Description of and points for the assignment:| Due date as indicated in course syllabus:| Exact Date and time in MST:| Research Proposal and Outline| Four part proposal and six part outline (60 pts. ). | Week 4 in Dropbox| 8/9/2012 at 3:00pm| Annotated Bibliography| List and summary of at least five sources (100 pts). Week 5 in Dropbox| 8/16/2012 at 3:00pm| First Draft of Research Paper| Draft of first three sections of final paper, including introduction, thesis statement, and problem section (60 pts). | Week 6 in Dropbox| 8/22/2012 at 3:00pm| Second Draft of Research Paper| Draft of final three sections of final paper, including solution and call to action sections | Week Discussion topic 2 | 8/27/2012 at 5:00pm| Research Paper Presentation| The format presentation of the entire paper (50 pts). Week 7 in Dropbox| 8/29/2012 at 6:00pm| Final Research Paper| Entire paper addressing feedback on first two drafts. It must have all six sections and include a References page (150 pts). | Week 8 in Dropbox| 9/4/2012 at 3:00pm| Research Outline I. I plan to conduct my research on and if animal rights organizations have gone too far in promoting a vegetarian diet? And those who do not encourage this and the importance that meat has. Is an imal rights organization taking it too far, when it actively encourages a vegetarian diet as a way of life?Of course it’s taking it too far by ignoring the value of nutrients that meat can offer our bodies. II. Of course it’s taking it too far by promoting a diet that should have nothing to do with animal abuse. III. Secondly, they ignore the value of nutrients that meat can offer our bodies that can lead to healthier muscle growth. IV. A solution to this would be to find a different method that is least painful for the animals we kill to eat. V. A second solution would be to let others eat what they want, and focus more on stricter laws.To actually putting a stop those who are abusing these animals. VI. I agree that everything on earth is for the utility of humanity. But that doesn’t give any one the right to abuse, or be cruel towards an animal. We should focus more on stricter policies, and stopping does who make these animals suffer pain. Just because an ani mal is killed to provide meat, is no reason to turn vegetarian. Humans have a right to eat meat. The abuse has to stop, so that we are provided with a healthier meat.

Saturday, November 9, 2019

Sop communication engineering

The heart of human excellence often begins to beat when you discover a pursuit that absorbs you, challenges you and gives you a sense of meaning, joy and passion. I have found that one thing that helps me to live peacefully on this glorious planet is â€Å"successful engagement in meaningful work† keeping in my mind where my hands are. An intrepid dream by the Wright brothers to give the humankind wings to fly, an intrepid dream by few thoughtful men to let the human race take the first step on the moon.I think hat it is the gift to dream, the ability to ponder beyond facts and the intelligence to make thoughts into reality that sets us apart from the rest in the tree of evolution. From the wheel to pacemaker, history is replete with events where a simple, yet brilliant idea has changed the way future generations live for decades, and even countries. I believe in seeing dreams and giving my best to realize those dreams that will be a step forward in the betterment of the human race.Dreams are what made the world, what it is today. In an era of competition and excellence, engineering has taken strides which our forefathers never even dreamt of. To be an excellent instrument for the development of our world we must be educated, cultured, refined and thoughtful. Knowledge is what elevates man to a disciplined being. To be an erudite is not only about possessing education but also having skill to implement it in a practical world.An aspiration to become a pioneer in the field of Electronics prevailed right from my childhood. The desire of gaining in-depth knowledge and my enthusiasm and curiosity to understand the mechanics of electronic devices and about communication systems led me to hose Electronics and Communication engineering as my undergraduate study. During my undergraduate studies, lectures delivered by eminent people who are leaders in their field exposed me to the needs and aspirations of the industry. Id my summer in-plant training in Airports A uthority of India, where I was engaged in learning various functional aspects of security and communication equipments such as X-ray baggage Inspection System (SIBS) and CATV camera used for surveillance purpose. During my third year of undergraduate study had the opportunity to visit Doorman's Achaean, which is the Indian's largest public broadcaster. Had a great experience working with the technicians in this platform where I had a thorough knowledge about the working mechanism in Production control room, Master control room, earth station and transmission process.To implement practically what had learnt in my three years of undergraduate study, I did my final year project which is about â€Å"Implementation Of tamper proof ATM and weapon identification system. † Looting money, ATM robbery/ burglars damaging the money vending machines have become common. So, n order to save the lives of common people I had used a vibration sensor and inductive proximity sensor which will al ert the cops using a RFC transceiver.Hence, this is an added protection to ATM itself. In addition to the above projects, I am currently pursuing a course on â€Å"CAN (Switching and Routing)† that validates the ability to install, configure, operate and troubleshoot medium-size routed and switched networks. I believe this course is supportive for any communication engineer to know more in depth about NETWORKING and also hope that this course will be beneficial for me to attain an internship experience in your laboratory.To further my knowledge in the field of Communication Systems, I wish to pursue my higher studies and excel in a graduate school that stands for high quality teaching and infrastructure which could help me realize my goal of becoming a lead engineer in the field of communication systems. Nanning Technological University (ANTI) is likely to provide me just that through its Communication Engineering program. The course listings under this program with subjects such as Digital communication systems, Optical fiber communications,Computer networks, Antennas and propagation for wireless systems and all other courses provides me a great platform to further my ideas. This knowledge shall help me in design an effective, efficient and safe system, play a significant role in long-term planning and help me to become a successful communication engineer. I strongly believe .NET is the place that provides the path towards my destination. NUT has one of the topmost ranked graduate programs in Communication Engineering in terms of experienced faculty and state-of-the-art infrastructure and research facilities.

Wednesday, November 6, 2019

Definition and Examples of Multilingualism

Definition and Examples of Multilingualism Multilingualism is the ability of an individual speaker or a community of speakers to communicate effectively in three or more languages. Contrast with monolingualism, the ability to use only one language. A person who can speak multiple languages is known as a polyglot or a multilingual. The original language a person grows up speaking is known as their first language or mother tongue. Someone who is raised speaking two first languages or mother tongues is called a simultaneous bilingual. If they learn a second language later, they are called a sequential bilingual. Examples and Observations Majesty, the Herr Direttore, he has removed uno balletto that would have occurred at this place. - Italian Kapellmeister Bonno in Amadeus Multilingualism as the Norm We estimate that most of the human language users in the world speak more than one language, i.e. they are at least bilingual. In quantitative terms, then, monolingualism may be the exception and multilingualism the norm... - Peter Auer and Li Wei Bilingualism and Multilingualism Current research...begins by emphasizing the quantitative distinction between multilingualism and bilingualism and the greater complexity and diversity of the factors involved in acquisition and use where more than two languages are involved (Cenoz 2000; Hoffmann 2001a; Herdina and Jessner 2002). Thus, it is pointed out that not only do multilinguals have larger overall linguistic repertoires, but the range of the language situations in which multilinguals can participate, making appropriate language choices, is more extensive. Herdina Jessner (2000b:93) refer to this capacity as the multilingual art of balancing communicative requirements with language resources. This wider ability associated with the acquisition of more than two languages has also been argued to distinguish multilinguals in qualitative terms. One . . . qualitative distinction seems to lie in the area of strategies. Kemp (2007), for example, reports that multilingual learners learning strategies differ from those o f monolingual students learning their first foreign language. - Larissa Aronin and David Singleton Are Americans Lazily Monolingual? The celebrated multilingualism of not just Europe but also the rest of the world may be exaggerated. The hand-wringing about America’s supposed linguistic weakness is often accompanied by the claim that monolinguals make up a small worldwide minority. The Oxford linguist Suzanne Romaine has claimed that bilingualism and multilingualism are a normal and unremarkable necessity of everyday life for the majority of the world’s population. - Michael Erard New Multilingualisms [I]n paying attention to the language practices of young people in urban settings, we see new multilingualisms emerging, as the young people create meanings with their diverse linguistic repertoires. We see the young people (and their parents and teachers) using their eclectic array of linguistic resources to create, parody, play, contest, endorse, evaluate, challenge, tease, disrupt, bargain and otherwise negotiate their social worlds. - Adrian Blackledge and Angela Creese Sources Bleichenbacher, Lukas. Multilingualism in the Movies. University of Zurich, 2007.Auer, Peter and Wei, Li. Introduction: Multilingualism as a Problem? Monolingualism as a Problem? Handbook of Multilingualism and Multilingual Communication. Mouton de Gruyter, 2007, Berlin.Aronin, Larissa and Singleton, David. Multilingualism John Benjamins, 2012, Amersterdam.Erard, Michael. Are We Really Monolingual? The New York Times Sunday Review, January 14, 2012.Blackledge, Adrian and Creese, Angela. Multilingualism: A Critical Perspective. Continuum, 2010, London, New York.

Monday, November 4, 2019

Discussion Board 1-2 Assignment Example | Topics and Well Written Essays - 250 words

Discussion Board 1-2 - Assignment Example The understanding also related to cultural prescriptions that considers sexual intercourse as defilement. This attitude is different from the current attitudes that regard sexual intercourse as normal activity. The current understanding about sexual intercourse relates to availability of pornographic videos, pictures and press as well as media discussions about human sexuality. Another influence for the attitudinal changes across the generation relates to increased Westernization of the world that spreads Western culture, which views sexual intercourse as normal. My grandparent’s generation viewed women as holding low profile in the society and as instruments for facilitating home chores, giving birth to children and taking care of families in homes. This understanding was due to illiteracy, strict social norms and suppressed feminist organizations. The rise and strengthening of human, social and feminist activism has transformed the situation making women enjoy access to powerful social and economic positions. Women have become important component of societies with ability to engage in active employment opportunities. The technological changes witnessed across the globe have also made it easy for women to employ easy techniques to accomplish feminine duties. The generation of my grandparent also rebuked homosexuality, bestiality, pederasty and fornication due to strict adherence to Biblical, moral and cultural teaching. Such sexual acts translated to breach of morality and being unreasonable. The reasons for such sexual attitudes are the same to those that govern my personal attitude towards

Saturday, November 2, 2019

Five legal questions in construction industry Coursework - 1

Five legal questions in construction industry - Coursework Example In a sense contracts represents the base of many commercial activities and therefore represent one of the most important area in business law. In these cases, letters of intent are widely used in binding these contracts. In these letters, the interested parties state their future intentions of entering into the formal contractual agreement. Letters of intent may be described as an agreement between two parties who wish to be in a contract. Different authors have tried to explain the meaning of the letters of intent in many ways. For instance, Adriaanse (2010, P. 55) sated that letters of intent are usually a response triggered by negotiations which go on for too long and thus impact on the completion date because the start date might be delayed. In the letter, the sender states their future intention to enter into a formal contractual agreement with the receiver to carry out a certain job. In the context of construction projects, LOI marks the respond from the employer to an offer made by the contractor through the tendering process. It also state the demand to start carrying out of the agreed work based on their intention to get into a contractual relationship. In most instances, the desire of the employer is to get the job done within the speculated date, or duration. It may become vital to commence the work before t he pending agreements are set right. Letters of intent makes it possible for the intention to create a legal relationship be considered. A complete contract requires that the parties involved intent to enter a legal binding agreement. This will mean that the parties must intent to create legal relations and must get to know that their agreements can further be enforced by law. In normal conditions, the intention to create legal relationship between parties is presumed. In so doing, the contract will not necessarily state that one doesn’t understand and intent any of the legal consequences to follow. In other