MFRS 137, Provision, Contingent Liabilities and Contingent Assets stipulates the criteria for provisions which must be met in order for a provision to be recognised, so
that companies should be prevented from manipulating profits. According to MFRS 137, three (3) criteria are required to be met before a provision can be recognised.
These are:
i. An entity has a present obligation (legal or constructive) as a result of a past event.
ii. It is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and
iii. a reliable estimate can be made of the amount of the obligation.
Required:
Explain each criteria by giving examples.

Answers

Answer 1

MFRS 137 requires present obligation, probable outflow, and reliable estimate for recognizing provisions, preventing profit manipulation.

Criteria 1: A current legal obligation results from a prior occurrence, such as a lawsuit filed against a business for contract violations. For instance, if a customer sues a business for damages resulting from a defective product the business has a present duty to respond to the claim.

Criteria 2: It's likely that financial resources will be needed to cover the debt, as in the case of a product recall that calls for exchanges or refunds. For instance, it is likely that a food company will incur costs for recalling the product and compensating impacted customers if they find a safety issue with a particular product.

Criteria 3: The obligation's size can be accurately estimated, for example, by calculating potential settlement sums or the cost of a lawsuit's defense. For instance, if a business is being sued it may be necessary to project the case's potential financial effects such as potential damages or legal costs. They can recognize a provision for the anticipated costs due to this estimation.

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Pretend you are an African American man living in 1870 in the United States. Describe two ways in which the 14th Amendment might have affected your life. Write in the first person, and create a name for your imaginary person

Answers

Answer:

Explanation:

My name is Elijah Washington, and I am an African American man living in the United States in 1870. The 14th Amendment has had a profound and transformative impact on my life, empowering me in ways I never thought possible.

Firstly, the 14th Amendment's Equal Protection Clause has shattered the chains of inequality that bound us for far too long. With this revolutionary clause, I now have a legal shield against the insidious discrimination and unequal treatment that plagued our society. It declares that no state shall deny any person within its jurisdiction the equal protection of the laws. This powerful language has emboldened me to challenge the systemic injustices that have stifled our progress. Whether facing racial segregation, unequal access to public facilities, or discriminatory employment practices, I can wield the Equal Protection Clause as a sword of justice, demanding fair treatment and equal rights.

Secondly, the 14th Amendment's Citizenship Clause has bestowed upon me the long-awaited recognition and dignity of being a true American citizen. For generations, African Americans like myself were denied the basic rights and privileges of citizenship. But with the stroke of a pen, the 14th Amendment has finally acknowledged our inherent right to belong. As a citizen, I now possess the unassailable armor of legal protection. I am entitled to due process, ensuring that the wheels of justice shall turn for me as they do for anyone else. I can exercise my newfound political power, actively participating in the democratic process, and working towards dismantling the chains of prejudice and injustice that still linger.

The 14th Amendment has become our collective anthem of freedom, an unwavering testament to the resilience and fortitude of our community. It has emboldened us to march forward, forging a path towards true equality. While I recognize that the battle for justice is far from over, the 14th Amendment has ignited a fire within our hearts, reminding us of the promise and potential that lie within each of us. Through the Equal Protection Clause, we have the power to challenge the darkest corners of prejudice, ensuring that our children and grandchildren will grow up in a world where they are judged not by the color of their skin, but by the content of their character. Through the Citizenship Clause, we have claimed our rightful place in this nation, ready to reshape its destiny and build a more inclusive society for all. As an African American man in 1870, I stand proud, shoulder to shoulder with my brothers and sisters, knowing that the 14th Amendment is our beacon of hope, guiding us towards a brighter and more just future. Together, we will overcome the challenges that lie ahead, forging a path of equality, freedom, and unparalleled achievement. The 14th Amendment has forever changed the trajectory of our lives, and we will seize this opportunity to reshape our destiny and inspire generations to come.

Suppose a politician is critical of a government pollution permit policy that they say allows companies to buy and sell the right to pollute. They argue that the public’s right to breathe clean air and the health of the planet require real regulation instead of this type of government policy

Answers

Answer:

Explanation:

Firstly, the politician's emphasis on the public's right to breathe clean air highlights the fundamental importance of environmental protection. Clean air is essential for human health and well-being, and it is the government's responsibility to ensure that the air quality meets acceptable standards. By allowing companies to trade pollution permits, there is a risk that certain areas or communities may suffer disproportionately from pollution, especially if those areas are economically disadvantaged or lack political influence. This approach raises questions about environmental justice and the equitable distribution of pollution burdens.

Moreover, the politician's concern for the health of the planet reflects an understanding of the global impact of pollution. Pollution does not respect national boundaries, and its effects can extend far beyond the immediate vicinity of the emitting source. Climate change, in particular, is a pressing global issue that demands collective action. While a market-based approach might incentivize emissions reductions, it may not be sufficient to address the urgency and magnitude of the environmental challenges we face. Comprehensive and enforceable regulations are necessary to ensure that environmental goals are met effectively.

The argument against the government's pollution permit policy highlights the limitations of relying solely on market mechanisms to address environmental problems. Critics of such policies argue that they create a system where companies can simply pay for the right to pollute, effectively commodifying pollution and externalizing the costs onto society. They contend that true regulation, which sets clear standards and enforces compliance, is needed to protect the environment and safeguard public health.

However, it is worth noting that pollution permit systems, such as cap-and-trade programs, can have their advantages. When properly designed and implemented, they can provide flexibility, incentivize emissions reductions, and allow for cost-effective pollution control. By putting a price on pollution, they create economic incentives for companies to adopt cleaner technologies and practices.

Ultimately, finding the right balance between market mechanisms and regulatory approaches is crucial. A comprehensive approach to environmental protection may involve a combination of market-based solutions, such as pollution trading schemes, along with robust regulations and enforcement mechanisms. This would allow for both economic efficiency and environmental effectiveness, ensuring that the public's right to clean air and a healthy planet are adequately protected.

Combining two drugs can intensify the effects this is called 

Answers

Combining two drugs and experiencing an intensified effect is commonly referred to as drug synergy or drug potentiation.

Drug synergy occurs when the combined effect of two or more drugs is greater than the sum of their individual effects. In other words, the interaction between the drugs results in a magnified or enhanced response. There are several mechanisms through which drug synergy can occur.

One mechanism is pharmacokinetic synergy, where one drug affects the absorption, distribution, metabolism, or excretion of the other drug. This can lead to altered blood levels and increased potency of one or both drugs. Another mechanism is pharmacodynamic synergy, where the drugs interact at the target site or receptor level.

They may have similar or complementary mechanisms of action, resulting in an additive or synergistic effect. For example, one drug may enhance the effect of the other by increasing receptor sensitivity or inhibiting metabolic pathways that break down the second drug.

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Final answer:

The intensification of effects when two drugs are combined is known as a synergistic effect. It's relevant in pharmacology and can lead to hazardous situations when not managed properly, such as combining alcohol and sedatives.

Explanation:

When two drugs are combined and this leads to an intensification of their effects, it is referred to as synergism or synergistic effect. It's a principle of pharmacology where the combined effect of two drugs equals more than the sum of the individual effects of each drug. For instance, alcohol and sedatives both can depress central nervous system function. If taken together, their combined effects can be very dangerous, even fatal.

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Combining two drugs can intensify the effects this is called what

Answers

Answer:

microdosage

Explanation:

because of the effects of both chemically reacting to eachother

The defendant, Union Pacific RR (UPRR), was sued, under the authority of the Federal Employees Labor Act (FELA), by one of its own employees who was afflicted by West Nile virus after being bitten by a mosquito while on the job. After coming down with the virus, William Nami, the plaintiff, could not walk without a cane, could not drive, and had experienced memory loss. He argued that he was bitten by an infected mosquito while working for UPRR outside Galveston, Texas, and next to an area on UPRR’s right of way, that was infested by the virus-carrying mosquitoes. He noted that the infestation had been exacerbated by UPRR’s negligence in never mowing the grass and allowing the standing water to accumulate. Nami also argued that UPRR did not warn employees about the mosquitoes, did not provide insect repellent, and did not equip employees with long-sleeved shirts. UPRR replied that under the doctrine of ferae naturae, the company was not liable for Nami’s illness because he was injured by a wild animal that was not in UPRR’s possession. UPRR also claimed that because the danger was commonly understood to exist (Galveston is known by local inhabitants as the "mosquito capital of the world"), the company had neither a duty to warn nor a duty to supply employees with repellent or long-sleeved shirts. UPRR also disputed the claim that it did not mow the grass and that it let the standing water accumulate. Nami argued that UPRR was relying on common law principles, like ferae naturae and proximate cause, that had been deliberately superseded by FELA, which states that a railroad will be liable for on-the-job injuries to a worker if the railroad "caused or contributed to" a worker’s injury just so long as the railroad’s "negligence played a part—no matter how small—in bringing about the injury." The trial court held for the railroad, but the court of appeals reversed. The case then went to the Texas Supreme Court. Does FELA supersede the Roman law principle of ferae naturae, and if not, does the doctrine of ferae naturae protect UPRR from liability? Explain. [See: Union Pacific Railroad Company v. Nami, 498 S.W. 3d 890 (Texas 2016).]

Answers

We found that the idea still holds true in the contemporary environment and that the catastrophe was not the fault of the Railways.

A railway worker who was bitten by a mosquito and later found to have West Nile virus is suing his employer for damages under the Federal Employers' Liability Act (often known as "FELA," which mandates railway companies to provide their workers with a sufficiently safe place of working).

The majority of the time, FELA culpability is determined in accordance with the norms of common law negligence. The well-established "ferret hypothesis" of the nature doctrine releases landowners from responsibility for damage caused by wild animals that wander into their property without human action.

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Some have suggested eliminating the provision of Rule 203 of the AICPA’s professional ethics that permits non-conformance with GAAP if, in the opinion of the CPA, following GAAP would result in misleading financial statements. Thoroughly discuss the pros and cons of eliminating this provision of Rule 203 and present a convincing argument as to whether it should or should not be eliminated.
Please be sure to include scholarly research and support for your findings as you address the questions outlined above in your paper.

Answers

Answer:

Limited flexibility: Companies may have unique circumstances that make it difficult to conform to GAAP guidelines. Eliminating Rule 203 would limit their ability to present financial statements that accurately reflect their situation.

Explanation:

Traction control system the driver

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Answer:

The traction control system (TCS) detects if a loss of traction occurs among the car's wheels. Upon identifying a wheel that is losing its grip on the road, the system automatically applies the brakes to that individual one or cut down the car's engine power to the slipping wheels.

Explanation:

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is there anything improper in the way in which your colleagues take into account the ethnicity of a suspect when observing or investigating criminal activities? Why or why not

Answers

In the United States, it is generally considered unethical and illegal for law enforcement officers to base their observations or investigation solely on the ethnicity of a suspect.

Individuals cannot be targeted or treated differently purely because of their ethnicity or race, according to the Constitution. To ensure justice, impartiality, and the preservation of individual rights, law enforcement authorities are supposed to adhere to specific norms and protocols.

Racial profiling, or the practise of targeting people based on their race or ethnicity, is generally criticised since it can lead to unfair discrimination, violations of civil liberties, and a breakdown in confidence between police enforcement and communities. It is contrary to the norms of equality and due process.

Overall, law enforcement in the United States strives to preserve public safety while following the concepts of fairness, justice, and equality for all people, regardless of ethnicity or race.

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The following question may be like this:

Is it ethical or legal for law enforcement officers in the United States to consider the ethnicity of a suspect when observing or investigating criminal activities? Why or why not?

When a commercial real estate sale has two Agent sales associates the broker may create a?

Answers

When a commercial real estate sale involves two agent sales associates working under a broker, the broker may create a co-brokerage agreement or a dual agency arrangement.

A co-brokerage agreement is a contractual agreement between two real estate brokers, each representing different parties involved in a transaction. In this case, the broker representing the seller and the broker representing the buyer collaborate to facilitate the sale. The agreement outlines the responsibilities, duties, and compensation arrangement between the two brokers.

Under a co-brokerage agreement, the brokers typically share information, work together to market the property, coordinate showings, negotiate terms, and assist in the closing process. The agreement specifies how the commission will be divided between the brokers, typically based on a predetermined percentage or a negotiated split.

On the other hand, a dual agency arrangement occurs when the broker represents both the buyer and the seller in a transaction. In this scenario, the broker acts as a neutral intermediary, facilitating the transaction while maintaining impartiality.

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Which among the following is a statutory obligation of a reporting entity under AML/CTF Act, 2006(Cth)? a. Reporting obligations b. Record-keeping obligations c. Customer Identification & Verification d. AML-CTF Program e. All the above.

Answers

The following is among a statutory obligation of a reporting entity under AML/CTF Act, 2006(Cth) is reporting obligations, record-keeping obligations, customer Identification & Verification and AML CTF Program. The correct option is e.

The AML/CTF Rules augment the AML/CTF Act by giving more extensive information about certain AML/CTF Act requirements. Another piece of legislation important to AUSTRAC is the Financial Transaction Reports Act (FTR Act). Although the AML/CTF serve has largely replaced the FTR Act, some commercial entities and professions, such as motor vehicle dealers who serve as insurers or insurance intermediaries and solicitors, continue to be subject to the FTR Act.

The Industry Contribution Acts address the requirements of the yearly industry contribution tax that certain reporting firms must pay to AUSTRAC to support its operating costs.

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Fisher v. Carousel Motor Hotel, Inc.
1. What are the facts of this case?
2. What are the issues in this case?
3. How did the lower courts find on the issue of whether or not a
battery occurred?
4. Was there an actual touching of the person (Plaintiff/Fisher) in
this case? Said in a different way: did Flynn make actual
physical contact with Fisher’s body?
5. What does the court say about something in the plaintiff’s hand
or otherwise attached to the plaintiff being considered part of
the person?
6. What are some examples given of things/objects found to be
part of the person or his body?
7. What is the court’s rationale for allowing an object on the
person to be considered a part of the person in relation to a
discussion of the tort of battery?
8. What is the court’s holding on the issue of whether Fisher
suffered a battery?

Answers

1)The  facts of this case, Fisher v. Motor Hotel, Inc. Carouse Plaintiff sued for assault and battery when Defendant’s employee Flynn who roughly snatch a plate from Plaintiff’s hand and shouted in an offensive and disrespectful manner that the physical contact was made with the Plaintiff Fisher should not be served because he was black American. The Plaintiff  Fisher stated that he was not assaulted but he was humiliated and embarrassed.

2)The issues in this case was that was there was evidence proving that the Plaintiff was physically assaulted or a battery had taken place.

3) However the trial or lower court set aside the case because there was no evidence to proof that  physical contact was made with the Plaintiff

4)There was no  actual touching of the person (Plaintiff Fisher) in this case.

5) The court states intension of the person touching something relating to that person and taken something from the person forcefully in an offensive manner justify it, which is stated in the case of  ''Morgan v. Loyacomo''

6) Examples of things/objects found to be part of the person or his body is any thing related or connected to the person

7)The court’s rationale or reasons was there was no physical assault but the forceful intention of snatching of the plate by the defendant is considered as 'intentional invasion of the plaintiff's person and not the actual harm done to the plaintiff's body'' in relation to a discussion of the tort of battery.                    

The court’s holding on the issue of whether Fisher suffered a battery was that the plaintiff was ''entitled to actual damages for mental suffering due to the willful battery, even in the absence of any physical injury''. But in the case of  liability of the corporation, the action of the defendant is acted  base on  the ambit of his work, Flynn action was spiteful there by the final verdict was $500 will be compensated to the plaintiff for the spiteful act  and for downgrading of the plaintiff feelings

What is tort of battery

Tort of battery is an intentional harm, injury or offensive contact afflicted one person but it will not be the fault of the person if is consented  

Therefor in the above case the plaintiff encounter tort of battery

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_______________________ should be thought of as simultaneously being a philosophy of justice, a strategy of justice, and a combination of justice programs.

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Restorative justice should be thought of as simultaneously being a philosophy of justice, a strategy of justice, and a combination of justice programs.

Restorative justice is a comprehensive approach to addressing harm and resolving conflicts that involves all parties affected by an offense. It is often described as simultaneously being a philosophy of justice, a strategy of justice, and a combination of justice programs.

1. Philosophy of justice: Restorative justice is grounded in a particular philosophy of justice that emphasizes repairing the harm caused by criminal behavior rather than solely focusing on punishment. It recognizes that crime or wrongdoing not only affects the victim but also the community and the offender. The philosophy emphasizes accountability, healing, and the restoration of relationships.

2. Strategy of justice: Restorative justice is also considered a strategy or approach to justice. It seeks to address the root causes of crime and prevent future offenses by providing opportunities for meaningful dialogue, understanding, and reconciliation between the victim, offender, and community. It aims to promote active participation and engagement from all parties involved in order to achieve a sense of justice and restore harmony.

3. Combination of justice programs: Restorative justice encompasses a range of programs and practices that are implemented to operationalize its philosophy and strategy. These programs may include victim-offender mediation, family group conferencing, circle processes, community reintegration programs, and more. These programs are designed to create a structured and supportive environment for communication, accountability, and healing.

Restorative justice emphasizes the importance of repairing harm, promoting healing, and reintegrating offenders into the community. It acknowledges the interdependence of individuals and the need for social connections and mutual understanding. By actively involving all stakeholders and considering the broader context of crime, restorative justice seeks to address the underlying causes of harm and foster long-term transformation and justice.

It is worth noting that restorative justice practices and implementations can vary across jurisdictions and contexts. Different countries and communities may have specific models and approaches tailored to their unique needs and cultural backgrounds.


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1.Who is the MLA (Member of the Legislative Assembly)? What party does he/she belong to?

2. What are the 2 conditions that candidates must fulfill before their names can appear on a ballot?

3. In order to be elected, what must candidates convince the voters of?

4. What 4 things make people eligible to vote in a provincial election?

5. What will eligible voters receive before election day?

6.List the 4 stages of how people vote on election day.

Answers

1. MLA is a member of the legislative assembly is one who is elected by the public as their representative in the legislative assembly.

2. The two conditions that candidates must fulfill before their names can appear on a ballot are:

a. The candidate must sign petition signatures by the people who did not participate in any election through any political party.

b. He should fill out the application form and sign it after that his/her name will be able to come on the ballot.

3. The candidate must convince all the voters that he is a good leader for them and also fulfill all the necessary needs and demands. he /she should raise up from the caste, gender, religion, etc. as these social aspects may lead to the defeat of the candidate in elections.

4.a. One should be a citizen of the country.

b. One should meet their state's residency requirements.

c. Should be 18 yrs old on or before the day of the election.

d. Should be registered to vote by the state's voter registration deadline.

5. Before the election day the eligible voters receive the final speech by their representative o the candidate standing in elections.

6. The four stages through which people vote on election day are:

1. First of all the voter has to decide who is the correct representative according to their point of view.

2. Now he should have to go to the polling booth.

3. Now he has to select their representative on the ballot machine.

4. Now he has to click on the election symbol of their representative.

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Local law enforcement personnel have taken on an expanded role since the events of 9/11. The development of an organized intelligence gathering division operating between different agencies have led to the formation of fusion centers. Discuss in detail some of the criticisms of fusion centers using your own words and knowledge with examples.

Answers

Fusion centers, established after 9/11, have faced criticisms regarding privacy, lack of oversight, effectiveness, information overload, and mission creep, while proponents emphasize information sharing and coordination benefits.

Fusion centers, which were put in place in the wake of 9/11, have come under fire for issues like mission creep, ineffectiveness, information overload, and privacy violations. Critics claim that fusion centers lack transparency and accountability and may violate people's right to privacy. Citing a lack of well documented successes, they question the efficacy of fusion centers in preventing terrorism and enhancing public safety.

The enormous amount of data gathered may cause information overload and make it difficult to find pertinent intelligence. Critics also voice concerns about the expansion of the purview of fusion centers beyond counterterrorism, which might result in the surveillance of innocent people.

An illustration of overreporting, profiling, and subjective judgment issues is the National Suspicious Activity Reporting Initiative. Despite objections supporters stress the value of agency coordination and information sharing in the fight against terrorism and crime.

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Despite the laws and regulations created through the U.S. Clean Water Act and Safe Drinking Water Act, and substantial scientific capacity and diagnostics to monitor drinking water, the U.S. also faces many challenges in safe drinking water provision. Discuss several of the issues that undermine our ability to guarantee safe drinking water in the U.S. For each issue: (a) offer a short-term assessment of our progress, and (b) describe barriers to improving safe drinking access to the most vulnerable communities.

Answers

Challenges to safe drinking water in the US include aging infrastructure, contamination, disparities, compliance issues, and emerging contaminants. Barriers include funding, enforcement, and neglect of vulnerable communities.

Despite regulations and technological advancements, the US ability to provide safe drinking water is threatened by a number of issues. Key issues include deteriorating infrastructure, pollution, access disparities, regulatory and compliance problems, emerging contaminants and climate change.

Due to obstacles like insufficient funding, dispersed responsibility, poor enforcement, economic inequality and a lack of infrastructure, short term progress in solving these problems is constrained. In order to guarantee safe drinking water these issues must be resolved through more funding, stricter enforcement, giving marginalized communities top priority and taking preventative measures for new problems.

Government, communities and other stakeholders must work together to ensure that everyone has equitable access to clean drinking water.

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Harveer runs a not-for-profit organization to help underprivileged street children who do not have access to
education. His not-for-profit offers a program that provides these children basic education at no cost to their
parents. To run the education program for children, Harveer receives a grant of $5,000 from government to
teach children who are out of school for a few hours a day. The grant money from government is for one year.
Based on the terms and conditions of the grant agreement, Harveer has to return all unspent grant money to
government after the year.
Despite putting a lot of effort, Harveer managed to utilize only $3,500 from the grant after a year. Harveer is
an honest person, but also knows how beneficial and important the education program is. He is facing an
ethical issue and is not sure whether he should return the unused grant money or not.
Imagine you are a Manager at Harveer’s not for profit that oversees Ethics and Social Responsibility. Harveer
asks you to make a recommendation on what to do with the unspent money. Since you have just learned
about ethics in business, you are asked to analyse the situation using an ethical decision making framework
from our class (see next slide for details)
What type of ethical issue is Harveer facing – conflict of interest, conflict of loyalty, bribery, harassment,
other? Briefly explain.
2. Select one of the two ethical decision making frameworks: Sucher Framework or Blanchard Peale
framework (see also next two slides for summary). Then, analyze Harveer’s ethical issue with the
framework you selected. Note, on the next slide, I have given you an example of how you could approach
your analysis using the Sucher framework. You can use this example format for your analysis.
3. As the Ethics Manager, what would you recommend Harveer should do? Please explain briefly using
points from your analysis under #2 for support.

Answers

1. Harveer is facing a conflict of interest ethical issue.

2. Ethical decision-making framework: Sucher Framework

3. As the Ethics Manager, I would recommend that Harveer utilize the unspent grant money for the benefit of the education program

1. Harveer is facing a conflict of interest ethical issue. He has received a grant from the government to run an education program for underprivileged street children. The terms of the grant require him to return any unspent funds after one year.

Harveer has not utilized the full amount of the grant and is now faced with a decision on what to do with the unspent money. Returning the unused funds aligns with the terms of the grant and his obligation to the government, but he also recognizes the importance of the education program and the benefit it provides to the children.

2. Ethical decision-making framework: Sucher Framework

a. Identifying the ethical dilemma: The ethical dilemma Harveer faces is whether to return the unspent grant money or utilize it for the benefit of the education program.

b. Analyzing the stakeholders: The stakeholders in this situation include the underprivileged street children, the government, Harveer, the parents of the children, and the society at large.

c. Considering relevant principles and values: In this case, the principles of honesty, accountability, social responsibility, and the best interests of the children come into play. Harveer must weigh these principles against each other.

d. Exploring alternatives: Harveer has two main alternatives: returning the unspent grant money as required by the grant agreement or using the remaining funds to continue supporting the education program.

e. Assessing the consequences: Harveer should consider the potential consequences of each alternative. Returning the funds may uphold his commitment to the government and maintain trust in future grants. However, utilizing the remaining funds may allow him to continue providing education to the children who greatly benefit from the program.

3. Recommendation: Based on the analysis using the Sucher Framework, as the Ethics Manager, I would recommend that Harveer utilize the unspent grant money for the benefit of the education program. While returning the funds aligns with the terms of the grant, the primary goal of the program is to provide education to underprivileged street children.

By using the remaining funds, Harveer can continue to support the children's education and make a positive impact in their lives. It is important to prioritize the best interests of the children and fulfill the social responsibility of the organization.

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What does the proverb, "Motse go swa mabapi" mean? a. People help each other. O b. Harmony in love. O c. Together we stand, divided we fall.​

Answers

Answer:

The answer is a.

People help each other.

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Utilitarian approach O a. accounts for values such as justice and individual rights O b. None of the given statements O c. says with certainty whether the consequences of our actions will be good or bad O d. It is not the most common approach to moral reasoning used in business because of the way in which it accounts for costs and benefits

Answers

The correct answer is d) It is not the most common approach to moral reasoning used in business because of the way in which it accounts for costs and benefits.

The utilitarian approach to moral reasoning focuses on maximizing overall happiness or well-being by considering the costs and benefits of actions. It weighs the consequences of actions and aims to achieve the greatest net benefit for the greatest number of people.

In business ethics, while the utilitarian approach can be applied, it is not always the most common approach. This is because it may require weighing the costs and benefits of actions in a way that can be challenging or subjective, especially when considering factors such as individual rights, justice, and other moral values.


Other approaches, such as deontological ethics or virtue ethics, may also be employed in business ethics depending on the specific circumstances and values involved.

What type of ethical issue is Harveer facing – conflict of interest, conflict of loyalty, bribery, harassment,
other? Briefly explain.
2. Select one of the two ethical decision making frameworks: Sucher Framework or Blanchard Peale
framework (see also next two slides for summary). Then, analyze Harveer’s ethical issue with the
framework you selected. Note, on the next slide, I have given you an example of how you could approach
your analysis using the Sucher framework. You can use this example format for your analysis.
3. As the Ethics Manager, what would you recommend Harveer should do? Please explain briefly using
points from your analysis

Answers

Harveer is facing a conflict of interest . He should disclose the conflict, recuse himself, and follow fair procurement processes.

Harveer is facing a conflict of interest ethical issue. A conflict of interest arises when an individual's personal or financial interests conflict with their professional obligations or duties. In this case, Harveer's personal relationship with a supplier creates a potential bias or favoritism that could compromise the fair and objective decision-making process within the company.I will analyze Harveer's ethical issue using the Blanchard Peale framework. The Blanchard Peale framework consists of three questions: "Is it legal? Is it balanced? How does it make me feel?"Is it legal? Harveer's personal relationship with the supplier may not be illegal per se, but it raises concerns about fair competition and impartiality in the procurement process. It is important to ensure compliance with legal regulations and organizational policies regarding conflicts of interest.Is it balanced? Harveer needs to consider the potential impact of his actions on the company, its stakeholders, and the broader business environment. Giving preferential treatment to a supplier based on personal relationships may undermine fair competition and harm the company's reputation.How does it make me feel? Harveer should reflect on his own values, principles, and ethical standards. He needs to assess whether his actions align with integrity, fairness, and the best interests of the company and its stakeholders.As the Ethics Manager, I would recommend that Harveer disclose the conflict of interest to the appropriate authority within the company. Transparency is crucial in addressing conflicts of interest. Harveer should recuse himself from any decision-making processes involving the supplier and ensure that the procurement process is fair, transparent, and based on objective criteria. Additionally, the company should consider implementing clear policies and guidelines on conflicts of interest to prevent similar situations in the future and promote a culture of ethical behavior. Regular training and awareness programs can also help employees understand the importance of avoiding conflicts of interest and making decisions based on merit and fairness.

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Q5 - Which of the following is NOT a benefit of integrated reporting?
A: It provides a true reflection of effective management of the opportunities and risks associated with sustainability considerations
B: It is a platform for strategic communication and conversations with stakeholders that provides a meaningful account of performance, builds trust and helps inform future strategy
C: The organisation can save costs by doing one report instead of many that addresses all stakeholders' concerns
D: It provides a wider view of the organisation’s impact beyond financials; which can reveal valuable opportunities for value creation

Answers

Option C The organisation can save costs by doing one report instead of many that addresses all stakeholders' concerns  is NOT a benefit of integrated reporting.

The benefits of integrated reporting are well recognized in the field of corporate governance. Integrated reporting is a comprehensive approach that goes beyond traditional financial reporting by considering both financial and non-financial aspects of an organization's performance. However, among the given options, option C: "The organization can save costs by doing one report instead of many that addresses all stakeholders' concerns" is NOT a benefit of integrated reporting.Integrated reporting emphasizes the integration of financial, environmental, social, and governance information to provide a more holistic view of an organization's performance. The benefits of integrated reporting include:A: Providing a true reflection of effective management of opportunities and risks associated with sustainability considerations. Integrated reporting helps organizations assess and communicate their approach to managing sustainability-related issues, demonstrating their commitment to long-term value creation.B: Acting as a platform for strategic communication and conversations with stakeholders. Integrated reporting enables organizations to engage in meaningful dialogue with stakeholders, building trust and enhancing relationships. It provides a comprehensive account of performance, including non-financial aspects, which informs future strategy and decision-making.D: Providing a wider view of the organization's impact beyond financials. Integrated reporting considers the broader societal and environmental impacts of the organization, uncovering valuable opportunities for value creation and sustainable practices.In summary, the correct answer is C: The organization can save costs by doing one report instead of many that addresses all stakeholders' concerns. Integrated reporting involves additional efforts to capture and report non-financial information, which may increase costs initially but provides valuable insights and benefits in terms of transparency, accountability, and long-term value creation.

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What is the environmental impact assessment act, and its
benefits? (please answer in a detailed non- plagiarized answer
)

Answers

The Environmental Impact Assessment Act evaluates and manages the environmental impacts of proposed projects, promoting sustainable development and environmental protection.

A framework for assessing and managing the potential environmental effects of proposed projects or activities is established by the Environmental Impact Assessment Act. Its main advantages include promoting sustainable development by taking into account social, economic and environmental factors, protecting the environment by identifying and mitigating negative effects and facilitating public participation in decision making processes.

The act promotes project enhancements and modifications, ensures adherence to environmental regulations and provides comprehensive information on environmental impacts to enable informed decision making. The EIA Act promotes more environmentally conscious and sustainable development, ecosystem protection and a balance between development and conservation by incorporating environmental factors into project planning.

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What type of ethical issue is Harveer facing – conflict of interest, conflict of loyalty, bribery, harassment,
other? Briefly explain.
2. Select one of the two ethical decision making frameworks: Sucher Framework or Blanchard Peale
framework (see also next two slides for summary). Then, analyze Harveer’s ethical issue with the
framework you selected. Note, on the next slide, I have given you an example of how you could approach
your analysis using the Sucher framework. You can use this example format for your analysis.
3. As the Ethics Manager, what would you recommend Harveer should do? Please explain briefly using
points from your analysis

Answers

Harveer is facing a conflict of interest . He should disclose the conflict, recuse himself, and follow fair procurement processes.

Harveer is facing a conflict of interest ethical issue. A conflict of interest arises when an individual's personal or financial interests conflict with their professional obligations or duties. In this case, Harveer's personal relationship with a supplier creates a potential bias or favoritism that could compromise the fair and objective decision-making process within the company.I will analyze Harveer's ethical issue using the Blanchard Peale framework. The Blanchard Peale framework consists of three questions: "Is it legal? Is it balanced? How does it make me feel?"Is it legal? Harveer's personal relationship with the supplier may not be illegal per se, but it raises concerns about fair competition and impartiality in the procurement process. It is important to ensure compliance with legal regulations and organizational policies regarding conflicts of interest.Is it balanced? Harveer needs to consider the potential impact of his actions on the company, its stakeholders, and the broader business environment. Giving preferential treatment to a supplier based on personal relationships may undermine fair competition and harm the company's reputation. How does it make me feel? Harveer should reflect on his own values, principles, and ethical standards. He needs to assess whether his actions align with integrity, fairness, and the best interests of the company and its stakeholders.As the Ethics Manager, I would recommend that Harveer disclose the conflict of interest to the appropriate authority within the company. Transparency is crucial in addressing conflicts of interest. Harveer should recuse himself from any decision-making processes involving the supplier and ensure that the procurement process is fair, transparent, and based on objective criteria. Additionally, the company should consider implementing clear policies and guidelines on conflicts of interest to prevent similar situations in the future and promote a culture of ethical behavior. Regular training and awareness programs can also help employees understand the importance of avoiding conflicts of interest and making decisions based on merit and fairness.

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Ok we're going to be looking at border security issues for several countries around the world including of course, America. I want you to get a feel for three current state of order security in America and in one other nation in the world. You pick the nation you are going to be dealing with throughout the semester along with America. Each week I'll post an assignment referring to America and you will complete that assignment as it pertains to US but also as it pertains to the nation you select. For instance, if you choose Israel and I assign you to tell me the number of security personnel assigned to customs issues, you'll tell me the number in American customs, and Israeli customs.

This week I want you to give me at least 250 words explaining the state of border security in America, and of course in the country you've chosen. (You'll use this same alternate country throughout the semester so put a little thought into it. The 'state' will be based on fact but you can also use some of your own opinion.

Answers

Both the United States and Canada recognize the importance of border security in maintaining national sovereignty, protecting public safety, and facilitating legitimate travel and trade. While each country faces unique challenges and employs distinct strategies, both strive to strike a balance between security measures and the facilitation of cross-border activities.

What informs their border security?

For this semester, focus on comparing the state of border security in the United States and Canada.

United States: Border security in the United States has always been a crucial concern due to its vast land borders with Canada and Mexico, as well as its extensive coastlines. The United States Customs and Border Protection (CBP) plays a central role in securing the borders by ensuring the lawful movement of people, goods, and services while preventing the entry of unauthorized individuals and contraband.

Canada: While Canada shares the longest undefended border in the world with the United States, border security remains a priority for both countries. The Canada Border Services Agency (CBSA) is responsible for border management and protection, ensuring the integrity of Canada's borders while facilitating legitimate trade and travel.

Overall, both the United States and Canada recognize the importance of border security in maintaining national sovereignty, protecting public safety, and facilitating legitimate travel and trade. While each country faces unique challenges and employs distinct strategies, both strive to strike a balance between security measures and the facilitation of cross-border activities.

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