Samoa Islands Essay Example for Free

Samoa Islands Essay Samoa is a gathering of islands situated in the south pacific, roughly somewhere between New Zealand and Hawaii. It comprises of two primary islands, Upolu and Savaii. Samoa is notable for its normal magnificence and scene. Samoa is a lot of a traveler goal. Travelers are pulled in to the solid duty to brandish, Samoan cooking, Samoan way of life, normal attractions, and customary perspectives, for example, inking and formal events. In spite of the fact that, despite what might be expected, Samoa has enormous disservices for being situated in the pacific area as catastrophic events are a reoccurrence in its history. The latest being the 2009 Tsunami, executing around 200 individuals. The Samoan notoriety has likewise as of late become undermined in light of disrupting among Samoans and Tongans. Despite the fact that this is a surprising bit of information to Australians, this contention among Samoa and Tonga has a long history behind it. Religion Samoa is for the most part a Christian nation. The law is a lot of dependent on Christian morals and houses of worship are situated in each town. The most well-known categories are EFKS, Mormonism, Catholicism and Assembly of God. Recently are present day holy places, for example, Pentecostal Christian holy places and even Muslim. Religion is a lot of separated of Samoan culture, and rehearsed inside the nuclear family. Game Samoans appreciate loads of sports, for instance well known games incorporate volley ball, contact footy, cricket and rugby association. Samoans have had groups contend in the Commonwealth Games; they have won gold awards for weightlifting and bronze decoration in sports. Samoans additionally have a fruitful national rugby crew, Manu Samoa, who won the Rugby Sevens a year ago. Tattoos The customary Samoan inking is known as the pe’a, the body tattoo. Initially, the pe’a was just inked on those Samoans with a ‘matai’ title, which is a main job where they are named agents of their families or towns. So the ‘matai’ title was generally very regarded inside the Samoan culture.

Account of the Travels, Sufferings and Persecutions of Barbara Blaugdon

Record of the Travels, Sufferings and Persecutions of Barbara Blaugdone The title of Barbara Blaugdone’s diary is An Account of the Travels, Sufferings and Persecutions of Barbara Blaugdone, with â€Å"travels† featured by its tremendous size. Without a doubt, when perusing the book the peruser is maybe generally struck by Blaugdone’s exorbitant, about consistent travel propensities. It might even be contended that at its heart the book is a movement story and not a journal or even a strict record. She gallivants about the oceans around the British Islea, in England as well as daring to Ireland to convert and lecture those yet immaculate by the Quaker message. Travel was a significant piece of Quaker life. As a youngster strict development concentrated on the significance of thoughtful confidence and an individual relationship with God, numerous Friends volunteered to get the message out around the world. Moreover, as a gathering looked downward on and detested by the remainder of English society, Quakers were tempered to have an inclination towards autonomy and experience that serve...

How Investors Encounter Political Risk In Project Finance Finance Essay - Free Essay Example

Project Finance is a long term project which needs political will of the governments. It is a long term investment which needs political motivation as well as the continuation of the economic policies of the government. The governments adopts project finance for the provision of public infrastructure through PPPS. The success or failure of project finance has severe political consequences. It is difficult to made or run any project finance without any political support. For example a project finance agreement between a state owned power company and a project company for the construction of power station can not be possible unless the top management of the official company decides that the project is in their interest. The break through can only be possible when there is a strong direction of the government. Political support is needed from initiating the project till the completion of the project. Financers need to take steps for the alleviation of political risks before providing any finance to the project. There are three classes or groups of political risks which includes investment risks and investment risks includes Currency convertibility and transfer, expropriation of the project by the state and political violence. Political risk in project finance also includes the change of law which means legislative, judiciary or executive can take a decision in which laws are changed which includes new import export restrictions, changes in environmental law, and new tax regulations. Quasi-Political Risks includes breach of contract and court decisions. Project financers and sponsors can reduce political risk by signing an investor friendly agreement between the sponsor and the government. Political risk can be reduced through the risk insurance through the insurance companies present in the private sector. Companies should also take legislative protection by signing an agreement with the government that any change of law will not affect the terms and conditions of the government. Government should gave permission to the company that there is no restriction on the company if it will take loan from the private sector. After the 9/11 incident in America there were claims of billions of dollars which insurance companies had to pay to the claimants of world trade center. So now it is difficult to buy any risk insurance policy because now insurance company is selling terrorism insurance policy. The problem is that terrorist activities in the world is increasing and now no company is ready to take the risk. In the thirld world counteries financing of large projects wrere managed by the governments. In thirld world counteries most projects were given on Built, Operate and Transfer basis. Governments gave such type of projects to the companies in which they dont want to involve due to some reasons which includes pessure from international organizations, local pressures and environmental issues. Economic benefits of project finance includes a secured loan to the sponsor secured by the project assets would normally give lenders recourse to sponsors assets in addition to project assets in the event of default. At the same time, depending on applicable insolvency laws, a secured lenders claim over the project assets may be subordinated to the claims of other creditors of the sponsor. Project finance is typically used for projects in infrastructure and extractive industries, including ,mines, water and sewage systems, power plants, energy transmission systems, pipelines, roads, railways, airports, ports. Project finamnce has a social, economic and political impact on the host society. Many large projects promote the economic development of the host country by providing employment, profits and technology transfer for local suppliers, tax revenue for the state, and, in some cases, additional goods or services for local customers. However, the operation of projects that make use of project financing may also have adverse effects in the host society. For instance, many of the projects listed above can result in environmental pollution or displacement of residents. In addition, where the project creates a monopoly over the production of locally-consumed goods or services, such as electricity, water or transportation, local consumers may be prejudiced by exploitative pricing policies. Projects that generate revenues from overseas can also be associated with adverse economic or political effects within the host state. Economic effects of project finance is that it gives a a large boost in exports, the result may be that the host nations currency will appreciate in value. Generally, an appreciation of this sort makes a nations other exports less competitive, as foreign buyers essentially must pay a higher price for them. It also gave boost to the real estate. This can be problematic if manufacturing is more likely to contribute to growth than other industries.Governments can take proactive steps to reduce these effects (known as the Dutch Disease), such as investing certain amounts of money overseas so as to avoid driving up either the currency or the price level and thereby crowding out non-resource exports. Political effects includes more access a state has to cashflows from export-oriented projects the less dependent it is on tax revenues or foreign financiers. This makes governments less accountable to external constituencies and can undermine their incentives to govern soundly. States sometimes respond to these concerns by adopting special laws that govern how revenues from projects are to be spent. This strategy is particularly common among oil-producing countries. Usually the proceeds from projects are put into special funds that serve specific purposes, such as investing in education or simply to serve as reserve for a future time when revenues are inadequate. The international community has responded to these concerns by promoting transparency in financial transactions between states that host lucrative export-oriented projects and foreign companies. For instance, the Publish What You Pay coalition of over 300 NGOs worldwide calls for the mandatory disclosure of the payments made by oil, gas and mining companies to all governments for the extraction of natural resources. The coalition also calls on resource-rich developing country governments to publish full details on revenues. Advocates of the movement argue that transparency will place pressure on governments to use the revenues from projects to more effectively promote economic growth. The World Bank has endorsed this strategy by adopting its Extractive Industries Transparency Initiative. In project finance there is a role of project agreements. The project documents serve to allocate risks amongst the parties involved the transaction. From a commercial perspective, the most important risks are the following completion risk, operating risk, resource risk (availability of inputs), market risk/currency risk (value of outputs), political risk (state actions that affect revenues). The social, economic, and political implications of projects are influenced by a variety of bodies of law.Projet finance investors need to follow the host state regulation of foreign investment. Countries have laws that limit foreign investment in various sectors or only permit it at the discretion of government officials. Many states are subject to international obligations that limit their ability to regulate foreign investment. The sources of those obligations include agreement on Trade-Related Investment Measures (TRIMs), general Agreement on Trade in Services (GATS) , bilateral Investment Treaties (BITs) and regional agreements such as the North American Free Trade Agreement (NAFTA), many multilateral organizations discourage countries from adopting restrictions on foreign investment. Many enders require the projects they support to meet social and environmental standards that are independent of any binding legal obligations. A significant number of private project finance lenders have endorsed the Equator Principles, which commit them to ensure that the projects they support meet social and environmental standards set by the International Finance Corporation to guide its own operations. Methods of enforcing these obligations vary. For instance, some of the ultilateral financial institutions have established ombudsmen or quasi-judicial bodies charged with overseeing compliance with their operational policies. While making a contract law in public policy there are few concerns which include enforceability of stipulated damages clauses, enforceability of choice of law, choice of forum and arbitration clauses, enforceability of obligations in the hands of assignees, recognition of foreign judgments and arbitral wards. Concerns like domestic laws that that affect the value of the project to its investors and sponsors. Projects typically implicate a broad range of domestic laws of general application, including, immigration laws. Many projects will require professionals with specific technical skills to be on site. Often such labor cannot be supplied domestically and must be brought in from elsewhere, environmental and safety laws, tax laws, currency controls. Changes in these laws, or outright physical expropriation, can seriously impair the value of the project to investors and sponsors. Projects are often designed to minimize the host states incentive to take such action. Staging the investment, withholding critical technology, or involving actors such as official creditors or political risk insurers who can threaten to cut off future dealings with the state are all ways of creating disincentives to expropriate. Sponsors and financiers of large projects often obtain agreements that require the host state to exempt them from specified domestic laws or to provide compensation for changes in the law. (Provisions designed to insulate foreign investors from the effects of changes in the law are sometimes referred to as stabilization clauses.) International legal obligations such as customary international law and the provisions of Bilateral Investment Treaties (BITs) limit host states ability to expropriate the assets of foreign investors or otherwise treat them unfairly, including by reneging on agreements designed to insulate them from the effects of domestic law. Many commentators are concerned that these sorts of international obligations place undue restrictions on host states ability to adopt socially beneficial laws.

Analysis of Ah, Are you Digging on My Grace - 1212 Words

The poem under analysis is called Ah, Are you Digging on My Grace? and it is written by the novelist and poet Thomas Hardy. There are two main speakers in the poem, although other characters were referred to as well. The first main speaker is a deceased woman, who is trying to identify the visitor of her grave. The second main speaker is her living feline companion, which responds to her questions. The dog quotes other characters whom presence is questioned by the woman. The referred-to characters are her lover, family members, and enemy. The poem is essentially a dialog between the woman and her dog. She is astounded to sense that someone is â€Å"digging† on her grave, and is disappointed every time she provides an anxious guess. The woman’s†¦show more content†¦On the other hand, the dog not only disaffirms her guesses, but adds to the insensitivity by including a deplorable reason of their absence. Another ironic idea is faithfulness, where dogs are general ly considered to be the most faithful, and in this case the dog did not even realize it was her grave. The unresolved disappointment or loneliness within the dead woman is in itself tension. It seems as if she was waiting for a sign of visit, and when it arrived, was not what she was expecting. Therefore, disappointment was present before, during, and after the dialog with her dog. The statements which her loved ones (and enemy) had said were assumed to be unheard by her. Although, when it had reached her, it opposed what she thought of initially. She was indeed hurt by her lover’s immediate marriage, her family’s unconcern to mourn, and thought her enemy would still hold a grudge. There is a contradiction between speculation and reality. The poem Ah, Are You Digging on My Grave? puts optimism and pessimism in conflict, but resolves it by asserting pessimism. If the actual rhythm is considered, it is continuous throughout the entire poem, following a composition of â €Å"ABCCB†. Seeing that pessimism is existent from beginning to end, it is emphasizes by a rhythm that does not change throughout the entire poem. It is as if pessimism will still exist even after the end of the dialogue. Rhyme provides a singing tone to anyShow MoreRelatedI Love Reading Essay69689 Words   |  279 Pagesfound to be of greater signiï ¬ cance for those who start out without any work experience (21%) than for those with substantial work experience (13%). 2.3 Positive Factors: What Excites Entrepreneurs? 2.3.1 When entrepreneurs were asked: ‘Where do you see yourself ï ¬ ve years from now?’, it was discovered that most entrepreneurs envision the future of their business in terms of the nature and quality of work (and other intangibles) rather than only in terms of turnover and growth rates. While some

Jane Eyre, One of the Greatest Love Stories of All Time

â€Å"Jane Eyre† is a novel of passion, desire, rage and defiance, combining to form a literary sensation that has withstood the test of time. The novel’s sense of mystery, betrayal and deceit create the perfect romance narrative which has been evoking passion from its readers for over a century. Jane’s enduring quest for love, love of a family and of an equal fulfill the human ideals of romance as she defies all obstacles in her way. The love between Rochester and Jane dissolves the constraints of Victorian society where social status becomes of little significance. â€Å"Jane Eyre† epitomizes triumph over impossible odds as two people of different status can love each other for who they are and nothing more. A major theme of â€Å"Jane Eyre† is Jane’s†¦show more content†¦Something that also appeals to many readers is that Jane does not settle with a loveless marriage. Although Mr. Rochester betrays Jane, she has faith in their love. Where Mr. Rochester tempts Jane to reject all social convention and duty, St John wants her to abandon passion. Both characters act as a foil to one another and represent the two halves of Jane’s personality and Jane shows here that she struggles with her identity against both men, ‘I was almost as hard beset by him as I had been once before, in a different way, by another,’ Rochester and Jane are often represented as fire, ‘flaming and flashing’ and St John is represented as ice, ‘By degrees, he acquired a certain influence over me that took away my liberty of mind. . . I fell under a freezing spell,’ ultimately Jane chooses to be her true self but has learnt to balance this with self-c ontrol, also highlighted by Donald D. Stone, ‘the efforts of the Bronte protagonists to find a middle position between passionate rebellion and rigid self-control.’ The love between Jane and Mr. Rochester is extremely passionate and the chemistry between them brings both characters to life. There is a lot of camaraderie between the two characters which is often humorous and allows the reader to gain an intimate knowledge of Jane and Rochester’s relationship and to also feel more involved with both characters. ‘Am I hideous, Jane?’ ‘Very, sir: You always were, you know.’ The writer Anthony Trollope describedShow MoreRelatedEssay about Aurora Leigh882 Words   |  4 Pages Aurora Leigh The story Aurora Leigh is the story of a fictional woman poet. This story was Elizabeth Barret Brownings greatest achievement. This was the first major poem in English Literature in which the heroine, just like the author was a woman writer. This story had a lot to do with Aurora as a rising poet in a society that did not except woman as artists. Society set a restriction on women because of the role that was put upon them. Society basically sets the women into an imprisonmentRead MoreEssay on Criticisms of Jane Eyre1615 Words   |  7 PagesCriticisms of Jane Eyre The major criticisms of the novel in question to be the melodrama used by the author and the wickedness of character shown in Jane and Mr. Rochester. While most critics admired the style of writing and truth of character portrayal, they did not admire the improbability of circumstances or the characters portrayed. Elizabeth Rigby (later Lady Eastlake) was probably the harshest critic, calling Jane Eyre â€Å"the personification of an unregenerate and undisciplinedRead MoreThe Lives of Emily and Charlotte Brontà «2000 Words   |  8 Pagesexceptional novels throughout history. Their stories captivate the minds of readers alike, taking them to a world of dark, eerie hatred, and overcoming the obstacle faced with love and devotion. However, both sisters have diverse styles of writing. Charlotte Brontà « tends to use more humor through her works, while Emily Brontà « uses more satire along with a sardonic tone. T hey both come together to have somewhat similar themes, making the moral of the story mentally powerful. Charlotte Brontà «, theRead MoreFeminist Criticism Of Pride And Prejudice1220 Words   |  5 Pagesis that Pride and Prejudice is one of the best works of fiction in its category. Jane Austen’s nineteenth century novel has become one of the most popular works of English literature, with over twenty million copies sold and numerous film and television adaptations (Walsh). The novel falls under the category of nineteenth century English literature and proves successful in numerous criteria. The success of the novel can be attributed to its ability to transcend time and remain relevant to audiencesRead MoreHow Narrative Techniques Are Employed Within Jane Eyre1720 Words   |  7 PagesDiscuss how Charlotte Bronte employs narrative techniques in the novel Jane Eyre Throughout Jane Eyre, Bronte incorporates narrative techniques to emphasise certain points and to keep the reader’s attention. In the first few chapters of the novel we are introduced into the world she is surrounded by, with the use of very descriptive imagery, with a gothic element also incorporated for the audience to obtain a grasp of Jane’s situation. As the nature of the book develops and unravels, frequentlyRead MoreFemale Writers Have Made A Great Impact On Literature Throughout History886 Words   |  4 Pagesshort story, or novels female writers have introduced new forms of writing throughout the ages. Many female writers never received recognition while they were still living, instead the recognition they deserved mostly came after death. Many female writers had hard lives that lead them to becoming the writers that they were. Most suffered some type of hardship be it a poor childhood, death, or heartache, they all had their own back stories. Two of the grea test female writers in history were Jane AustenRead MoreSt. John and Jane Eyre Essay2064 Words   |  9 Pagesothers see our point of view makes one sympathetic. â€Å"Jane Eyre† by Charlotte Bronte follows the story of a rebellious young girl who matures into a stable woman. During her life journey, Jane encounters many people including St. John. St. John is has devoted his life to God and wishes to bring Jane to India with him. St. John is a sympathetic character because he truly believes that his commitment to his religion will benefit him in the after life. Because Jane is the narrator, the reader is givenRead MoreEssay on Wuthering Heights, Jane Eyre and Pride and Prejudice1903 Words   |  8 PagesWuthering Heights, Jane Eyre and Pride and Prejudice Wuthering Heights presents the theme of love within and outside of marriage. This book has a major female character whose marriage conflicts in some way with her ideal of love. Catherines first love is Heathcliff. She falls in love with him as both grow up together. Yet she finds a different kind of love with Edgar Linton. Catherine decides to marry Edgar, who can satisfy her civilized side. When Heathcliff returnsRead MoreA Stereotypical Representation Of Females During Victorian Period2501 Words   |  11 Pagesrepresentation of females during Victorian period. Throughout history the archetypes of the heroine have vastly changed from being dependant victims to independent strong females. Jane Eyre and the narrator are both oppressed by patriarchy, where men were the makers and enforcers of social and political rules. The unnamed narrator and Jane could be seen as a microcosm of their respective societies, as females were demarcated as â€Å"timid†, â€Å"dependent† (AQA Critical Anthology) unlike males who were physicallyRead MoreThe Effects Of Marriage, Love And Love In Charlotte Brontes Jane Eyre1551 Words   |  7 PagesFrom the first time Rochester met Jane, Rochester had feelings for Jane because she was honest and showed entirely truth within herself; something other girls in that time period lacked. Yet, Rochester cruelly is willing to make her lie, to change who Jane as a person to gain her trust. The author provides the clear picture that this marriage does not work within their society; however, Jane learns to love him so much she will trust him blindly. In Jane Eyre by Charlotte Bronte, the author utilizes

Managing Financial Employment Share

Question: Describe about the Managing Financial for Employment Share. Answer: 1.a:- i) Leonard, a Singaporean by birth and having a permanent resident in Singapore, earned S$230,000 as employment income for the service, provided in Vietnam. Generally, income, earned from foreign sources, is exempted for taxation purpose. However, the foreign employment was related with his Singapore employments. Hence, it cannot treated as his foreign income and has to be assessed as fully taxable income ("Singapore Personal Income Tax - 2015 Guide | Individual Tax in Singapore", 2016). ii) The rental income, received by Leonard, from his Australian property is an income from overseas income property. Hence, it is not be included in the taxable income of Leonard. iii) Leonard had earned income from his part-time employment as part-time lecturer in a private educational institution. The institution is situated in Singapore. Therefore, the income from part-time employment should also be considered as taxable income of Leonard. iv)Winning from any kind of betting, such as lottery, horse racing, Singapore Sweep etc. are not taxable under Singapore taxation law. Therefore, the income of Leonard from winning in Big Sweep will not be taxable ("Winnings (Toto, 4D, etc.) - IRAS", 2016). 1.b:- Tax Payee: Leonard Ong Calculation of Tax Liability on Royalty Income for the taxation period 2015 Particulars Amount Gross Royalty Income 52520 Less: Allowable Deductions: Printing Stationery 15500 Advertisement Publicity 8600 Legal Fees 2480 Net Royalty Income (A) 25940 10% of Gross Royalty (B) 5252 Taxable Royalty Income (Lower of A B) 5252 If, Leonard has to pay tax only on his royalty income, then he has not to pay any tax, as the taxable amount of royalty income is lesser than S$20000 ("Income Tax Rates - IRAS", 2016). 1.c:- Tax Payee: Leonard Ong Calculation of Taxable Rental Income for the taxation period 2016 Particulars Property 1 Property 2 Rental Income 54000 32400 Less: Allowable Deductions: Property Tax 3960 2520 Maintenace Fees 2280 1560 Wall Painting 2800 Repairs 1600 Net Rental Income 43360 28320 Total Net Rental Income 71680 1.d:- Tax Payee: Leonard Ong Calculation of Taxable Share Option Benefit for the taxation period 2014 Particulars Amount Market price of Share Option 2.3 Less: Allowable Deductions: Cost of Acquisition 0 Taxable Share Benefit per share 2.3 Nos. of Shares 100000 Total Taxable Share Benefit 230000 Tax Payee: Leonard Ong Calculation of Taxable Share Option Benefit for the taxation period 2015 Particulars Amount Selling Price per share 5 Less: Allowable Deductions: Share Option Exercise per share 3.5 Taxable Share Benefit per share 1.5 Nos. of Shares 100000 Total Taxable Share Benefit 150000 1.e:- Leonard can claim tax relief for the alimonies, paid to his two previous wives. He paid S$2400 and S$1800 annually to his first and second wife respectively. Therefore, under the Singapore taxation rule, he can claim tax relief amounted to S$2000 for his first wife and S$1800 for his second wife ("Spouse Relief/ Handicapped Spouse Relief - IRAS", 2016). 2.a:- (100) i) If Leonard contract any major illness, then he will be entitled to receive coverage amounted to S$90000 from 5-year limited-pay whole life plan. However, if he contracts cancer, then he will receive S$800000 under the Term Insurance Plan also (Tan et al., 2014). From the following case study, it is evident that Leonard despite suffering several lumps around his neck bought up an insurance plan, which covered the critical illness benefit unless he dies of cancer. The insurable term plan stated further that such insurable sum is only payable on the event of Leonard contracting cancer however; the plan stipulated that such sum would be received by the successor only because of death. It is worth mentioning that such insurable coverage would not be receivable by Leonard unless he suffers any other form of critical illness. On the other hand, due to Leonards sudden death the mortgage loan taken by Leonard will provide as an additional coverage for the remaining balance of such loan. ii) The successor of Leonard will receive S$800000 under Term Insurance plan, if Leonard dies from cancer within one year and the insurance coverage would not received within the year for the treatment purposes. If, Leonard dies from any other critical illness, then his successor will not receive any insurance coverage from any of the insurance (Tan, 2015). However, due to Leonards death, the Mortgage-Reducing Term Insurance Plan will cover the outstanding balance of the loan, taken for purchasing the condominium. 2.b:- Calculation of Annual Compound Rate of Return:- Bond Name Purchase Price on 1/02/15 Market Price on 31/12/15 Period Compound Annual Return Rate (in Months) A 3.6 3 0.916666667 -18.04% B 4.7 6.6 0.916666667 44.83% C 5.3 8.7 0.916666667 71.72% TOTAL 32.84% 2.c:- Calculation of Gain/Loss on Investment:- Bond Name Purchase Price on 1/02/15 Market Price on 31/12/15 Gain/Loss on Investment A 3.6 3 -16.67% B 4.7 6.6 40.43% C 5.3 8.7 64.15% TOTAL 13.6 18.3 34.56% 3 a (I) Wifes duty of maintenance towards husband: For number of years it was apparent that the law in Singapore was such that it required husband to provide for maintenance for his ex-wife where it was necessary. However, in the recent amendments made to the womens charter, it is observed that womens also holds duty of maintenance towards husbands, which subsequently allows husbands to apply for maintenance (Fu, 2016). It is the responsibility of wife towards their husband who is ill or incapacitated husbands or ex-husbands for maintenance on the grounds that if he is; Incapacitated due to mental or physical disability, before or during the course of marriage Wifes also owe a duty of maintenance if the husband is unable to earn a living on account of disability If the husband is unable to support himself Thus, maintenance should be originally based on the reasonableness and fairness, which suggest that men assuming that the initial role in care giving or household labour is also accountable for maintenance. 3 a (II): As stated under Section 113 of the Womens Charter provides the court with the authority to order husband to pay for maintenance to his wife or former wife, either during the marital proceedings or after the divorce, judicial separation or nullity of the marriage has been finalized by the court. The court orders that the husband who is bound to maintain his wife either by supporting financially by paying the sum in lump sum or through periodic payment of the sum assured. The court also states that substantial division of matrimonial assets may be made in order to justify the maintenance for the wife. According to Subsection 2 of the Womens Charter a husband is required to maintain his wife on the grounds that Where the child has not attained the age of 21 years or any siblings who has attained the age of 21 years any person who is a guardian or has original custody of the child, It is worth mentioning that the court during the time of maintenance for a wife or child under the section have regard to all the circumstances surrounding the situations (Downs, 2016). This concerns the financial needs of the wife and children, the earning capacity of the wife or any other financial resources relating to wife. As stated under the legal regulations of Singapore at general degree it sets out that the context for the following discussion is specifically aimed at marital duties of wives towards their husband. Section 46 (1) of the Womens Charter lays down the rights and duties for maintenance of both husband and wife. The charter encourages the ideals and cajoles of wives towards their husband only to the extent, which is practicable. As mentioned under the association of women it is said that maintenance of husband should be based on the fairness and also provided further suggestions that men should assume their original role in the form of providing care or household labour is also eligible for maintenance. 3 b: According to the trust draft settler, trustee and beneficiary are mentioned below Settlor: Leonard Ong Trustee: Her two wives Beneficiaries: Lynette Ong and Bridget Ong 3 C (I): Intestate Succession Rules is applicable in the case of Leonard Ong. The rule states that any decedents who fail to prepare a will or did not make any complete distribution of their estate then in such case the states defaulting statutory scheme or intestate succession rules will be used as basis for disposition of their assets (Downs, 2016). In the current case study Leonard failed to distribute the trust draft and dies, leaving the properties undistributed among his probable beneficiaries. Thus, it could be possible under the Intestate Succession Act distribution of Leonard estate can be made regardless of where the property is located. As stated under the Intestate Succession Rules and given the circumstances of concerning the mobility of the current society it is perhaps possible for the laws concerning of more than one state is applicable to another estate. For example, it could be viewed that law relating to the law of decedent governing the location of the property. Usually, intestacy statutes preserve the preference for near relatives in determining the order of preference for dolling out the assets. A common statutory pattern provides for the line of succession who are surviving spouse, children or next of kin are covered under the decedents statutory schemes however a common law is applicable where spouse is not an heir. Accordingly it can be concluded that Leonard property would be vested in the interest of his children including the illegitimate child. 3 C (II): It would be inappropriate to extend the scope of the IFP (S) Act to provide the illegitimate child concerning of deceased person from invoking it. However, it is the legislative call of the policy since section 68 has already imposed a duty on the natural parent to maintain the illegitimate child. The law further describes that the duty concerning the natural parenting regarding the maintenance of an illegitimate child should not be terminated with the death of Leonard. The child estate would continue to be held liable to discharge that duty. The original issue should be viewed in the court of law that the illegitimate child is entitled to claim for support under the IFP (S) Act. It should not be disputed on the fact that deceased was the biological father of Daphne and the two other children since his name appeared on both their certificates. It should be noted that it is also not considered as challenge that prior to the death of Leonard, the deceased was providing financial suppor t to his probable third wife and his earlier two children. Persons who are entitled to receive the property of Leonard estate are Daphne, Lynette and Bridget. As it was stated in the case of AAG v Estate of AAH, deceased 2009 SGCA 56 it was argued that no society of self-respecting nature can put blame on the shoulders of innocent children in order to encourage the better behavior of their parents of having children during the marriage. The arguments under this case is however compelling in nature. The court ruled that it would be unfair to punish the innocent children by denying the illegitimate child the maintenance, which a legitimate child is entitled to receive upon the death of his father (Jennings, 2013). It is worth mentioning that in the current case the father was supporting the child until his death. References Bibliography : Downs, R. (2016). Legal views: property law.Without Prejudice,16(3), 22-23. Fu, C. S. (2016). Promising a Happy Future: The Outcome-based Learning of" Marriage and Family".Jiaoyu Yanjiu Yuekan= Journal of Education Research, (266), 60. Guthrie, G. C., Lemon, L. D. (2014).Mathematics of interest rates and finance. Pearson Higher Ed. Harper, M., Ablett, M. (2016). Why it pays for the wealthy to divorce in Singapore (and not Hong Kong).Trusts Trustees, ttw027. Income Tax Rates - IRAS. (2016).Iras.gov.sg. Retrieved 16 October 2016, from https://www.iras.gov.sg/irashome/Individuals/Locals/Working-Out-Your-Taxes/Income-Tax-Rates/ Jennings, M. M. (2013).Real estate law. Cengage Learning. Singapore Personal Income Tax - 2015 Guide | Individual Tax in Singapore. (2016).Guidemesingapore.com. Retrieved 16 October 2016, from https://www.guidemesingapore.com/taxation/personal-tax/singapore-personal-tax-guide Spouse Relief/ Handicapped Spouse Relief - IRAS. (2016).Iras.gov.sg. Retrieved 16 October 2016, from https://www.iras.gov.sg/IRASHome/Individuals/Locals/Working-Out-Your-Taxes/Deductions-for-Individuals/Spouse-Relief/-Handicapped-Spouse-Relief/ Tan, B. S. (2015). Mandatory annuitisation, wealth transfer and utility enhancing policy: Singapore's CPF Life scheme.International Journal of Public Policy,11(4-6), 143-151. Tan, K. B., Tan, W. S., Bilger, M., Ho, C. W. (2014). Monitoring and evaluating progress towards universal health coverage in Singapore.PLoS Med,11(9), e1001695 Winnings (Toto, 4D, etc.) - IRAS. (2016).Iras.gov.sg. Retrieved 16 October 2016, from https://www.iras.gov.sg/IRASHome/Individuals/Locals/Working-Out-Your-Taxes/What-is-Taxable-What-is-Not/Winnings--Toto--4D--etc--/#title1 www.iras.gov.sg/irashome/uploadedFiles/IRASHome/e-Tax_Guides/etaxguides_IIT_ESOP_2013-6-24.pdf. (2016).www.iras.gov.sg. Retrieved 16 October 2016, from https://www.iras.gov.sg/irashome/uploadedFiles/IRASHome/e-Tax_Guides/etaxguides_IIT_ESOP_2013-6-24.pdf

Prepaid Wireless Industry

Technology has totally revolutionalized the manner in which we carry our day-to-day activities. The communication industry seems to be one of the greatest beneficiaries of the advanced technology since there are so many changes that have taken place.Advertising We will write a custom research paper sample on Prepaid Wireless Industry specifically for you for only $16.05 $11/page Learn More Life has become easier and simpler with the technological advancements. The prepaid wireless industry is one of the industries that has emerged as a result of advancement in technology. This industry is highly competitive and this has seen many companies come up and stiff competition that is characteristic of this industry and has ensured that customers benefit greatly due to the high quality services being offered. The focus of this discussion will be on some of the key players in this dynamic and highly competitive industry. The companies in focus are epay worldwide. com. Emida.net and eurekarevenue.com. This discussion will also look at some of the advantages that each of these services has and which of the companies is stronger. Epay. Com is an international company whose main business is the distribution of payments solutions electronically. These services are instrumental in helping providers of various services reap maximally from the sales of their services as well as products. With more than half a million selling points in various countries of the world like Spain, Ireland, Italy, India and Germany, epay.com has continued to deliver highly innovative and specific tailored services as far as making of payment by electronic means in concerned (Epay 3). The advantage of the prepaid services provided by epay.com is that customers are able to access an array of gift cards which are branded. With this concept of prepaid, retailers are able to come up with categories and destinations that are fully supported by experts from epay. Retailers also have the advantage of being able to distribute their services throughout the network. Emida.net on the other hand is a company that operates globally whose main services include the making prepayments globally as well as value transfer market. This company operates in more than 30 counties in the whole American region and part of the African and Caribbean region.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The retail points supported by Emida.com are estimated to be about 46,000 with annual payment of the dollar being estimated to stand at $1.4 billion with estimates of transaction transacted by the company being estimated to stand at 180 million. Some of the advantages that emida.com has included allowing international as well as domestic distribution of various products which are prepaid in nature and services that involve payments. Retailers, ISOs, service providers and car riers using emida.net also have the advantage of getting robust revenues. Currently, emida.net is said to be leading as far as proving prepaid services is concerned. One issue that distinguishes emida.net from other companies is the fact Eureka has partnered with most of the well established carriers throughout the world and this has enabled eureka to a great extent to create a reliable network which has proven helpful to clients throughout the world. This company also caters for long distance prepaid services and this has brought about convenience and customers are able to get value and the revenue goes up. Any retailer or service provider who has subscribed with emida will also be in a position to offer all their customers, cost effective, convenient and safe options that they can implement to ensure that their financial needs are well managed. Under the financial services provided by emida, your clients will comfortably be able to purchase stored value cards as well as prepaid de bit and also foot their bills. Through these services, it will also be possible for them to make transfers of money to family and friends in convenient hassle free manner. The kind of services that you will receive from Emida will ensure that the portfolio of your products is well built (Emida 2). It is common knowledge especially in the world today that payment of bills especially if they are hefty can prove to be very risky.Advertising We will write a custom research paper sample on Prepaid Wireless Industry specifically for you for only $16.05 $11/page Learn More Besides the risk, the hassle involves is nothing to write home about. Having paid full recognition to the challenges that consumers experience in payment of bills Emida has come up with a way of making it easy for clients to foot their bills which is not only easier but also more reliable and convenient. The payment solution provided by Emida ensures that you gain access to numerous billers from telecommunication to providers of utilities, insurance among others. With this pay bill solution, all one needs to do is to make payments at a local shop and this helps eliminate the risk factor as well as one is saved the hassle of making the payments and also one is able to save time that would have been wasted in making queues. For those customers who have subscribed to AT T services, you can also make it easy for them through emida.com. Just like the bills, these customers subscribed to AT T can also make payments through the local shops. Eurekarevenue.com though it has been in the market for a fewer years compared to its competitors, it has managed to create a niche itself. This company is dedicated to making life easier for those who prefer the option of truncating using cash as opposed to using credit cards and cheques. The platform created by Eurekarevenue has made it simple for customers the world over to enjoy prepaid services through electronic means and with a wel l established and robust network. The company has managed to partner with different well established and this has ensured that clients get convenient services within their reach. Eureka revenue has various products that they offer which include the ERI web and the ERI terminal. The terminal is an effective simplifies of selling airtime of prepaid wireless. These terminals are used as they are provided by the company without the need to buy additional equipments (Eureka 1).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The only requirement is a telephone line and you will be good to go. The ERI web on the other hand works pretty similar with the ERI terminal just that in this case, one will require a computer with internet connectivity to enjoy this service Comparing epay.com and emida. Net, it is clear that emida is stronger than its counterpart. This is not only in terms of the number of years that this company has been in existence but also the robust network that it has managed to establish ad the numerous reliable partners that this company has. In addition, this company has managed to penetrate in more markets than epay thus making emida stronger in terms of popularity and client base. Prepaid wireless industry has without a doubt grown tremendously the world over. Works Cited Emida. Prepaid Wireless. 2011. Web. https://www.emida.net/en/home/ Epay. Welcome to Epay. 2011. Web. http://epayworldwide.com/en-US/ Eureka. ERI helps retail stores increase their revenue and foot traffic through prepa idwireless solutions. 2011. Web. This research paper on Prepaid Wireless Industry was written and submitted by user Rylee Sears 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.