The Risks, Costs, and Benefits of Consumer Loan Options and Steps Research Paper

The Risks, Costs, and Benefits of Consumer Loan Options and Steps Needed To Control Costs - Research Paper Example 1.1.2 Cost of Consumer Loans There are a number of costs associated with consumer loans. These include interest, carrying charges and installment price. Before banks issues loan facility to customers, there should be a clear calculation on the amount of money to be recovered on installments basis, as well as, the amount of interest payable. All these are dependent on the amount of loan offered to the customer, the repayment period, income of the customer and interest rates as set by the financial institution. 1.1.3 Benefits of Consumer Loans One of the benefits of consumer loans is that it helps in servicing short term financial needs such as home improvements, vacations, emergency bills and wedding. It is also considered to offer security to customers. So long as an individual have acceptable credit history, the person becomes eligible for consumer loans. Similarly, a person can also use consumer loan facilities to clear previous debts thus helps in improving credit rating. Consumer loans can be used in asset acquisition. In addition, no security or collateral is required in this form of loan facility. Given that it does not require referees and other collaterals, consumer loan application takes shorter time. Finally, people poor credit history also offered the opportunity to access consumer loan facilities. 1.1.4 Steps Needed To Control Costs Consumer Loans. One of the initial steps in controlling cost of consumer loans is by adopting positive spending behavior and controlling both short term and long term personal expenditures.

U07d2 Laws Balancing Access and Protection Essay

U07d2 Laws Balancing Access and Protection - Essay Example The organizations now aim at having paper free offices and all the doctors now use the electronic medium to communicate rather than in paper. However, similar to the use of paper, this method of record keeping also has its own merits and demerits. In today’s world, everyone is very concerned not only about themselves but also about the environment around them, hence the paper less offices and reducing carbon footprints. However one important thing to note is that the use of computers for keeping records can be quite a threat to security for the personal information of millions and millions of people (Centers for Medicare and Medicaid Services, 2010). In order to ensure that the electronic data is in place and is standardized and hack free, there have been a number of changes including the shift from the traditional viewpoints to newer auditing methods. Similar to the many laws that have been developed over the years, the Privacy Rule also works on the need for independence and personal space in terms of the collection and distribution of healthcare information. Apart from the difficulty of the medical records, the health care organizations are also faced with an issue to upkeep the confidentiality of the communication both in terms of verbal as well as written (Adler, 2008). As the data protection act prohibits the leak of any personal information, similarly, all medical information should also be kept very confidential and should only be shared with consent of the patient. The chapter brings out the most important point of focus, i.e. that the medical records, irrespective of whether they have been tampered or not for any profits, any fabrication or falsifying of data can lead to both criminal as well as civil liability (Beaver & Herold, 2003). No information can be leaked out, modified, or destroyed as this can lead to a criminal charge against the healthcare personnel. The basic idea of the

Comparing Education Systems- Saudi Arabia and UK

Comparing Education Systems- Saudi Arabia and UK This essay will focus on the comparison between the education system in Saudi Arabia and England. When the Kingdom of Saudi Arabia was founded in 1932, education was not easy to get to everyone and limited to individual teaching at religious school in mosques or by private teacher at home. (Al-obaid,2006) These schools taught Islamic law and basic writing and reading skills. By the end of the century, Saudi Arabia had a national educational system given that, a free education to student from primary school to high school through university to all students. The objectives of the Saudi education policy are to make sure that education becomes well-organized, to meet the religious, economic and social needs of the country and reduce the number of uneducated in the community (Al-Obaid,2006). As a result of that, thousands of primary, intermediate and high schools have been started by the Ministry of Education and the General Presidency of Girls Education. General education system in the Kingdom of Saudi Arabia has three different levels, six years of primary school starting from age seven years old and three years each of intermediate and high school (Saudiembassy,2004). First the students have to start from primary school and the child starts in this level at the age of 6 to 12. In this first period they study for example, Arabic art education, mathematics, home economics (for girls) and Islamic studies. When the students pass this level they move directly to the next level. This is the intermediate school .In general, the student will be 12 years old when they enter this school and they stay until they are 15 years old, which is three years. The subjects they study will be the same however, they are higher level than primary school and they take new subjects such as, English, geography, history, physical education, religious studies and science. After the intermediate school the student starts their high school, which is usually between the ages of 15 to 18. The first year is a general year and students study of all subjects. Consequently, they will be able to choose what they will study in the next tow years. There are three different kinds of subjects in high school general, religion and technology high school. After the first year of high school student have the ability to choose between scientific studies or literary studies. There are also vocational schools that train in agriculture, technical and business studies take place at the universities. Every year student has exams if the pass they will move to the next level but if they do not, they have to retake the same level. The government of Saudi Arabia has always recognized the importance of providing educational opportunities to girls as well as boys, by the developing have been since the first government school has been built in 1964(Ministry of education,2006). By 1999, there were eight universities and a large number of other institutions of higher education, by 2003, there were also several private institutes of higher education with more planned. Another was to establish undergraduate and postgraduate in most disciplines at Saudi universities and colleges (Ministry of education ,2006). As a result, Saudi student can now obtain degrees in almost any field within the country and only if necessary pursue specializations aboard. For example King Abdullah University of science and technology (KAUST), which is the newest university in the country, and focus on areas of science and technology that are important to Saudi Arabia the region and the world. Therefore, the Saudi government provides support to student every year by spending billion of billion dollars on education development. This huge number includes a monthly allowance of about 145 pound given to the student study literature and about 200 pound to student study science to pay for books, transport and accommodation also for life expense. On the other hand, cause of given allowance for the student that to help them to travel from their village or town to the nearest big city because the country has University only in big city (Ministry of higher education,2000). The students do not have to repay the money been spent on them back to the government when the finish their study in the university. However, there are some strict rules regarding this monthly allowance, the student have to be attending most of the classes, except the ones with an excuse, also the student have to maintain at least a 2.0 grade to be able to get the allowance from the government. In case of retaking a module the student should get a warning letter and if they didnà ¢Ã¢â€š ¬Ã¢â€ž ¢t improve their performance the student would be held until the grade mark at least 2.0( Middle East Finance and Economy.1996 ). The education system in the UKà ¢Ã¢â€š ¬Ã¢â€ž ¢s run by the government as well and is free for all children from 5 to 16 furthermore, the education in England is compulsory for all children in that aged. The UK has worked hard to improve the education (BBC,2000) . As a result, the education system in the UK is one of the strongest in the world, it is divided into four main parts or four key stages, for each subject and for each key stage, programmes of study set up what pupils should be taught. At primary education which generally included key stage one and tow begins at age 5 year old continues until age 11 year old, studying during this period subjects such as English, mathematics and science, in English for example they learn speaking by telling stories, both real and imagined also they learn to listen carefully and to show their understanding of what can they see and what can they hear by making relevant comments with growing attention to what they listen to. In addition, student learn reading by reading stories, poetry and picture books (British council,2008). After six years student will go to secondary school automatically for key stages three and four they spend five years in this level from age of eleven to age of sixteen. Student study as at key stage one and tow, plus a modern foreign language, in this subject, a programme has been set up for key stage three and key stage four in to different parts learning and using the target language, that covers the skills and understanding that should be developed through the target language at both stages and areas of experience, this sets out the broad topic areas that provide contexts for learning and using the target language at each key stage. (Department for education,1995).

Rake’s Progress: Bedlam in Bethlam Essay -- British History, Mental He

Rake’s Progress: Bedlam in Bethlam The human brain is a vast, unexplainable, and unpredictable organ. This is the way that many modern physicians view the mind. Imagine what physicians three hundred years ago understood about the way their patients thought. The treatment of the mentally ill in the eighteenth century was appalling. The understanding of mental illness was very small, but the animalistic treatment of patients was disgusting. William Hogarth depicts Bethlam, the largest mental illness hospital in Britain, in his 1733 painting The Madhouse1. The public’s view of mental illness was very poor and many people underestimated how mentally ill some patients were. The public and the doctors’ view on insanity was changing constantly, making it difficult to treat those who were hospitalized2. â€Å"Madhouses† became a dumping ground for people in society that could not be handled by the criminal justice system. People who refused to work, single mothers, and children who refused to follow orde rs were being sent to mental illness hospitals3. A lack of understanding was the main reason for the ineptness of the health system to deal with the mentally ill, but the treatment of the patients was cruel and inhumane. The British’s handling of mentally ill patients was in disarray. The knowledge of mental illness was very small. Doctors did not understand how to diagnosis or treat mental disorders. They did not understand how the brain functioned and what to expect from people in certain situations. Many symptoms of physical illness today were considered mental illness in the eighteenth century. The constant shaking due to Parkinson’s disease was misinterpreted as a mental condition and treated as such4. These patients were placed into... ...glish Madness. 55. 18. Scull, â€Å"Moral Treatment Reconsidered.† 107. 19. Scull, â€Å"Psychiatry in the Victorian Era.† 11. 20. Scull, â€Å"Psychiatry in the Victorian Era.† 11. 21. Scull, â€Å"Psychiatry in the Victorian Era.† 14. Bibliography Hogarth, William. The Madhouse. 1733. Scull, Andrew. â€Å"Moral Treatment Reconsidered: Some Sociological Comments on an Episode in the History of British Psychiatry.† In Madhouses, Mad-doctors and Madmen, edited by Andrew Scull. 105-121. Philadelphia: University of Pennsylvania Press, 1981). Scull, Andrew. â€Å"The Social History of Psychiatry in the Victorian Era.† In Madhouses, Mad-doctors and Madmen, edited by Andrew Scull, 5-35. Philadelphia: University of Pennsylvania Press, 1981. Skultans, Vieda. English Madness: Ideas on Insanity 1580-1890. London: Routledge & Kegan Paul Ltd. 1979. Rake’s Progress: Bedlam in Bethlam Essay -- British History, Mental He Rake’s Progress: Bedlam in Bethlam The human brain is a vast, unexplainable, and unpredictable organ. This is the way that many modern physicians view the mind. Imagine what physicians three hundred years ago understood about the way their patients thought. The treatment of the mentally ill in the eighteenth century was appalling. The understanding of mental illness was very small, but the animalistic treatment of patients was disgusting. William Hogarth depicts Bethlam, the largest mental illness hospital in Britain, in his 1733 painting The Madhouse1. The public’s view of mental illness was very poor and many people underestimated how mentally ill some patients were. The public and the doctors’ view on insanity was changing constantly, making it difficult to treat those who were hospitalized2. â€Å"Madhouses† became a dumping ground for people in society that could not be handled by the criminal justice system. People who refused to work, single mothers, and children who refused to follow orde rs were being sent to mental illness hospitals3. A lack of understanding was the main reason for the ineptness of the health system to deal with the mentally ill, but the treatment of the patients was cruel and inhumane. The British’s handling of mentally ill patients was in disarray. The knowledge of mental illness was very small. Doctors did not understand how to diagnosis or treat mental disorders. They did not understand how the brain functioned and what to expect from people in certain situations. Many symptoms of physical illness today were considered mental illness in the eighteenth century. The constant shaking due to Parkinson’s disease was misinterpreted as a mental condition and treated as such4. These patients were placed into... ...glish Madness. 55. 18. Scull, â€Å"Moral Treatment Reconsidered.† 107. 19. Scull, â€Å"Psychiatry in the Victorian Era.† 11. 20. Scull, â€Å"Psychiatry in the Victorian Era.† 11. 21. Scull, â€Å"Psychiatry in the Victorian Era.† 14. Bibliography Hogarth, William. The Madhouse. 1733. Scull, Andrew. â€Å"Moral Treatment Reconsidered: Some Sociological Comments on an Episode in the History of British Psychiatry.† In Madhouses, Mad-doctors and Madmen, edited by Andrew Scull. 105-121. Philadelphia: University of Pennsylvania Press, 1981). Scull, Andrew. â€Å"The Social History of Psychiatry in the Victorian Era.† In Madhouses, Mad-doctors and Madmen, edited by Andrew Scull, 5-35. Philadelphia: University of Pennsylvania Press, 1981. Skultans, Vieda. English Madness: Ideas on Insanity 1580-1890. London: Routledge & Kegan Paul Ltd. 1979.

Analysis Of Sonnets 64 And 73 Essay

William Shakespeare is one of the greatest playwrights of all time. It is also important, however, to remember and to study his sonnets. The sonnets are separated into two groups, 1-126 and 127-54. All of them are love poems of some sort, whether addressed to a young man or the infamous â€Å"Dark Lady.† It is important to compare and analyze the sonnets, and to see the similarities between them. The purpose of this essay is to compare sonnets 64 and 73, and show that although it is easy to come to the conclusion that they are sorrowful in tone and negative in orientation, they are truly positive and life affirming. These two have been chosen because they are similar in this and other respects. Before discussing the similarities, however, it is necessary to briefly describe what each sonnet is about. Sonnet 64 is a cry against the inevitable arrival of all that wears down even the most firm powers that exist in the world. The speaker stresses that even the most sturdy monuments are bound to the ravages of time: â€Å"When I have seen by Time’s fell hand defaced/ The rich, proud cost of outworn buried age,/ When sometime lofty towers I see down-raz’d/ and brass eternal slave to mortal rage;† and so on. It is clear that the speaker finds time an enemy, capable of eroding any efforts to persevere. Time is also the enemy to the desire to be with a loved one forever. In this sonnet, the speaker finds himself at the mercy of his opponent, without any means of facing Time with any success. He almost abandons the love that he feels because he knows that it will eventually fall victim to time. There is no difference between the love that is felt by the speaker and the other durable things in the world, such as the â€Å"kingdom of the shore†, and the â€Å"firm soil.† But even these things will erode over time. The only option the speaker has is to mourn what he will one day lose. The seventy-third sonnet is also about the response of the speaker to the fact that Time detracts from the endurance of man and his response to the things that make him feel loved. Shakespeare starts with a discussion of the process by which the things that surround man first start to erode and fall as a result of the passing of time. The speaker is equating himself to  autumn and the twilight of day. He finds himself lying on the ashes of his youth, and a victim to the passage of time. He cannot sustain the love that he feels, and is consumed by both time and love, as they once sustained him. The speaker is arguing that the fate of man is to be consumed by the very things that are his life-blood: love and time. â€Å"In me thou seest the glowing of such fire/ That on the ashes of his youth doth lie,/ As the deathbed whereupon it must expire/ Consumed with that which it was nourished by. The similarities between these two poems are evident. Basically, they are both about the speaker’s sense of helplessness and loss in the face of the passage of time. The theme of loss, and the recurrent theme of impotence when faced with passing time and its effects, is evident in both poems. However, these are not necessarily sad or defeatist poems. The speaker does not submit to the passage of time by saying that he will not be able to feel or love or even live anymore. He is not depressed to the point of being unable to do anything. Rather, the speaker feels that man must continue to love, and to live, despite the fact that life will end, and love will eventually subside as time takes over the human spirit. Although â€Å"Time will come and take my love away,† the speaker is not saying that man must simply not love at all. He is saying that man must eventually give in to the effects of time, but that in the time that does exist for man, it is possible to love, and to sustain oneself with that love. These poems, which sound sad or even lacking in spirit, are actually affirmative of the desire toward love and life: â€Å"This thou perceivest, which makes my love more strong,/ to love that well, which thou must leave ere long.† Both of these sonnets can be interpreted as encouraging the reader to grasp the fact that love can be sweeter and more enduring if the individual realizes that time will eventually take that love away. It is even possible to claim that, because all love will end, man should state his love early, and live that love to the fullest extent possible. In this sense, each of these poems can be understood to be positive, and life affirming. At first reading, it is easy to come to the conclusion that the poems are  sorrowful in tone and negative. However, after closer analysis, it is obvious that the speaker is ultimately celebrating life, and urging the embrace of all aspects of it, whether they result in suffering or pleasure. The tone is sorrowful when the speaker comes face to face with the inevitable, but the fact remains that the inevitable outcome, which is loss, and the passage of time, is part of what makes the intensity of love, and the quality of life, so memorable and so pleasurable.

Negotiable Instruments in Banking

0 Assignment On Negotiable Instruments in Banking Course Title: Introduction to Banking Course Code: FIN-305 Assigned To: Mr. S. M. Athiqur Rahman Lecturer Dept. of Business Administration Leading University, Sylhet, Bangladesh. Prepared By: Md. Inzamam-Ul Haq Talukder ID. # 1101010342 Section: E 7th Semester (27th Batch) Leading University, Sylhet, Bangladesh D ATE OF SUBMISSION: APRIL 21, 2013 i Declaration This assignment paper has been prepared by myself which is the title â€Å"Negotiable Instruments in Banking† under the supervision of Mr. S. M. Athiqur Rahman, Lecturer in Dept. f Business Administration, Leading University, Sylhet, Bangladesh. The duplication of this paper is prohibited without the permission of Author. Author Md. Inzamam-Ul Haq Talukder ID. # 1101010342 7th Semester (27th Batch) Leading University, Sylhet, Bangladesh ii Acknowledgement I would like to acknowledge the contributions of the individuals to the development of this assignment paper: Our clas s peer research group for the cooperation and camaraderie. I am also heartily thankful to my course teacher, Mr. S. M. Athiqur Rahman, Lecturer in Dept. f Business Administration, whose encouragement, guidance and support from the initial to the final level enabled me to develop an understanding of the subject. To my truly great friend Tanvir who has made available his support in a number of ways. Lastly, I offer my regards and blessings to all of those who supported us in any respect during the completion of the project. Md. Inzamam-Ul Haq Talukder Dept. of Business Administration ID. # 1101010342 iii Contents Sl. i. ii. iii. iv. v. vi. vii. Chapters Contents Name Abstract Page Number 1 2-4 5 – 16 17 – 18 19 – 20 21 – 22 23First Chapter Second Chapter Third Chapter Fourth Chapter Fifth Chapter Introduction General Context of the Study Data Collection and Limitation Result and Discussion Conclusion References iv Abstract Negotiable instruments are mainly governed by state statutory law. Every state has adopted Article 3 of the Uniform Commercial Code (UCC), with some modifications, as the law governing negotiable instruments. The UCC defines a negotiable instrument as an unconditioned writing that promises or orders the payment of a fixed amount of money. Drafts and notes are the two categories of instruments.A draft is an instrument that orders a payment to be made. An example is a check. A note is an instrument that promises that a payment will be made. Certificates of deposit (CD's) are notes. Drafts and notes are commonly used in business transactions to finance the movement of goods and to secure and distribute loans. To be considered negotiable an instrument must meet the requirements stated in Article 3. Negotiable instruments do not include money, payment orders governed by article 4A (fund transfers) or to securities governed by Article 8 (investment securities).The rule of derivative title, which is applicable in most area s of the law, does not allow a property owner to transfer rights in a piece of property greater than his own. If an instrument is negotiable this rule is suspended. A good faith purchaser, who does not have any knowledge of a defect in the title or claims against it, takes title to the instrument free of any defects or claims. In relation to the suspension of the rule of derivative title, Article 3 provides for warranties to protect the parties in transactions involving negotiable instruments.Checks are negotiable instruments but are mainly covered by Article 4 of the UCC. Secured transactions may contain negotiable instruments but are predominantly covered by Article 9 of the UCC. If there is a conflict between the Articles of the UCC both Article 4 and 9 govern over Article 3. 1 First chapter: Introduction 2 1. 1. Statement of The Study The word negotiable means ‘transferable by delivery’ and the word ‘instruments’ means a written document by which a righ t is created in favor of a person. Thus, the term negotiable instruments literally refer to a document containing rights that can be transferred by elivery. According to Section 13 (a) of the Act, â€Å"Negotiable instrument means a promissory note, bill of exchange or cheque payable either to order or to bearer, whether the word ‘order’ or ‘bearer’ appear on the instrument or not. † The rights that could be incorporated in negotiable instruments may be rights for payment of money arising out of various contracts such as the contract of loan, sale, lease, or any other contract performed by payment of a certain amount of money. Such rights may also arise from ownership in companies or loan made to the government or to a share company.The rights that are incorporated in negotiable instruments may be rights to receive goods under voyage or deposited in a warehouse. According to this provision, the holder of negotiable instruments can transfer the rights incorporated in the instrument by transferring the instrument. Similarly, a person who claims the rights incorporated in negotiable instruments may enforce or exercise them only if he has possession of the instrument, i. e. , he should be a holder to whom the instrument is issued or transferred following the rules governing its transfer.He must also present the instrument to the person who is supposed to perform the obligations arising out of the instrument. The fact that the rights incorporated in negotiable instruments may be transferred by the transfer of the instrument and the fact that a person may not exercise or enforce them unless he is in possession of the instrument are the two main features which distinguish negotiable instruments from other documents evidencing rights such as a title deeds whose transfer does not transfer the rights they establish.Another point that has to be noted here is that negotiable instruments are issued or negotiated based on other contracts. Fo r instance, a person may issue a bill of exchange to repay the money he has borrowed from the payee, the company issues a share certificate or debenture certificate as evidence of the person‘s right arising out of contract of partnership creating the company or a contract of loan respectively. The warehouse person or the carrier issues the warehouse goods deposit certificate or the bill of lading / consignment note based on contracts of warehousing or carriage respectively.Finally, the definition of negotiable instruments under the Ethiopian law is much wider than the one adopted by most legal systems, particularly those following the Common Law tradition. This is evident from the Uniform Commercial Code of the United States and the Bill of Exchanges Act of 1882, which restricts the concept to bills of exchange, cheques and promissory notes. 3 1. 2. Objectives of the Study Objective means the main reason or the main goals of the study. Here after this study we should be able t o- ? Understand meaning, essential characteristics and types of negotiable instruments; ?Describe the meaning and marketing of cheques, crossing of cheques and cancellation of crossing of a cheque; ? Explain capacity and liability parties to a negotiable instruments; and ? Understand various provisions of negotiable instrument Act, 1881 regarding negotiation, assignment, endorsement, acceptance, etc. of negotiable instruments. 4 Second chapter: General Context of the Study 5 2. 1. Literature Review The term, negotiable instrument means a written document which creates a right in favor of some person and which is freely transferable.Although the Act mentions only these three instruments (such as a promissory note, a bill of exchange and cheque), it does not exclude the possibility of adding any other instrument which satisfies the following two conditions of negotiability: a) the instrument should be freely transferable (by delivery or by endorsement. and delivery) by the custom of t he trade; and b) the person who obtains it in good faith and for value should get it free from all defects, and be entitled to recover the money of the instrument in his own name.A negotiable instrument is a document which includes a promise to pay a set sum of money to the bearer of the document either on demand or on a given date. The instrument can be freely transferred without the need to notify the person from whom it originated. Negotiable instruments are used to enable trade, because without them, people would be obliged to exchange money in person for all sorts of transactions, and this would quickly become unsafe in addition to unwieldy.One simple example of a negotiable instrument is a check. A check is written out to the bearer for a specific amount. The bearer can take the check to a bank and deposit it, thereby transferring the obligation to the bank. The bearer can also sign the check over to someone else, another example of a transfer. Checks also demonstrate another important property of negotiable instruments, which is that people need to have them in hand to redeem or negotiate them. If the document is lost, it cannot be called upon.As such, documents like share warrants payable to bearer, debentures payable to bearer and dividend warrants are negotiable instruments. But the money orders and postal orders, deposit receipts, share certificates, bill of lading, dock warrant, etc. are not negotiable instruments. Although they are transferable by delivery and endorsements, yet they are not able to give better title to the bona fide transferee for value than what the transferor has. 6 2. 2. Characteristics of a Negotiable Instrument A negotiable instrument has the following characteristics: ? Property:The possessor of the negotiable instrument is presumed to be the owner of the property contained therein. A negotiable instrument does not merely give possession of the instrument but right to property also. The property in a negotiable instrument ca n be transferred without any formality. In the case of bearer instrument, the property passes by mere delivery to the transferee. In the case of an order instrument, endorsement and delivery are required for the transfer of property. ? Title: The transferee of a negotiable instrument is known as ‘holder in due course. A bona fide transferee for value is not affected by any defect of title on the part of the transferor or of any of the previous holders of the instrument. ? Rights: The transferee of the negotiable instrument can sue in his own name, in case of dishonor. A negotiable instrument can be transferred any number of times till it is at maturity. The holder of the instrument need not give notice of transfer to the party liable on the instrument to pay. ? Presumptions: Certain presumptions apply to all negotiable instruments e. g. , a presumption that consideration has been paid under it.It is not necessary to write in a promissory note the words ‘for value receive d’ or similar expressions because the payment of consideration is presumed. The words are usually included to create additional evidence of consideration. ? Prompt Payment: A negotiable instrument enables the holder to expect prompt payment because a dishonor means the ruin of the credit of all persons who are parties to the instrument. 7 2. 3. The Nature and Purpose of Negotiable Instruments Negotiable instruments represent one form of property rights, i. e. exercised over incorporeal things â€Å"chose in action. † In other words, they are property rights in relation to objects of property which do not have physical or material existence and hence which cannot be perceived by the senses. A right of action under contract is a class of property known as ‘chose in action’ and can be distinguished from a corporeal movable property/ a ‘chose in possession’ which represent property rights exercised in relation to objects which have material or phy sical existence and hence can be perceived by the senses such as a book, a table or a watch.A holder of this type of property right must have actual possession of the object to exercise rights arising there from. Rights incorporated in negotiable instruments, rights of an inventor arising out of a grant of a patent in respect of his invention, rights of a copyrights holder, and rights of a trader in respect of his trademark, trade name and goodwill are instances of chose in action. Negotiable instruments also represent one kind of contract as every instrument embodies a contract or promise to pay a certain amount of money or to deliver goods according to terms agreed up on.As contracts, the general rules of contract shall apply unless they are specifically excluded from application by the special law applicable to negotiable instruments. As a result, the requirements necessary for the formation of a valid contract must be fulfilled for issuance of a valid and enforceable negotiable instrument. Hence, the parties who sign a negotiable instrument must have capacity under the law to enter into juridical acts, i. e. , minors and judicially interdicted persons may not create a valid contract through negotiable instruments.Furthermore, as a contract, any declaration or promise made on negotiable instruments must be accompanied by the signature of the person bound by such declaration or promise. Failure to comply with the requirements as to capacity and signature may be raised as a defense against any person who claims based on the instrument even against the holder in due course who, under other cases, is considered to be free from defenses available against the person who transferred the instrument to him. The parties must give their consent, which must be free from defects such as mistake, fraud, duress.The object of the contract must also be legal and possible. Where the contract does not fulfill requirements as to consent and object, a party affected may raise i t as a defense to avoid the contract and liability under the instrument. However, because of the special nature of these instruments, such defenses cannot be raised against a person, who acquires the instrument following the rules of transfer applicable to the instrument, and in good faith. 8 The main purpose of negotiable instruments is facilitation of commercial transactions.Commercial instruments are substitutes for money and are used as means of performance of money obligations. Dealing with them reduces the risk of loss or theft and the ease with which they can be transferred creates convenience which will in turn facilitate business. Transferable securities have the purpose of raising capital in the form of contributions made by purchase of shares and bonds, which is used for starting new businesses or expansion of existing businesses thereby increasing the production of goods and services in the country.A document of title to goods, whose negotiation transfers the goods repre sented by them, creates convenience and facilitates transactions involving the goods. For instance, a person selling warehoused goods can do so by endorsing and transferring the certificate of deposit and without the need to actually deliver the objects. When we come to the specific purposes of commercial instruments, promissory notes can be used as means of borrowing money, buying goods and services on credit and as method of evidencing a pre-existing debt.Certificates of deposit can be used as a device for encouraging individuals to deposit funds in banks; in return the holder of the certificate has the right to receive interest. Bills of exchange on the other hand have the purpose of collecting accounts financing, the movement of goods, and transfer funds. Checks serve as â€Å"vehicles for transfer of money and also used to aid in keeping records, reduces the risk of loss and destruction and theft of currencies. † 9 2. 4.Types of Negotiable Instrument Section 13 of the Ne gotiable Instruments Act states that a negotiable instrument is a promissory note, bill of exchange or a cheque payable either to order or to bearer. Negotiable instruments recognized by statute are: (i) Promissory notes (ii) Bills of exchange (iii) Cheques. Negotiable instruments recognized by usage or custom are: (i) Hundis (ii) Share warrants (iii) Dividend warrants (iv) Bankers draft (v) Circular notes (vi) Bearer debentures (vii) Debentures of Bombay Port Trust (viii) Railway receipts (ix) Delivery orders. 2. 4. 1.Promissory Notes Section 4 of the Act defines, â€Å"A promissory note is an instrument in writing (note being a bank-note or a currency note) containing an unconditional undertaking, signed by the maker, to pay a certain sum of money to or to the order of a certain person, or to the bearer of the instruments. † Essential elements: 1. It must be in writing 2. It must certainly an express promise or clear understanding to pay 3. Promise to pay must be unconditio nal 4. It should be signed by the maker 5. The maker must be certain 6. The payee must be certain 7. The promise should be to pay money and money only 8.The amount should be certain; and 9. Other formalities regarding number, place, date, consideration etc. 10 2. 4. 2. Bill of Exchange Section 5 of the Act defines, â€Å"A bill of exchange is an instrument in writing containing an unconditional order, signed by the maker, directing a certain person to pay a certain sum of money only to, or to the order of a certain person or to the bearer of the instrument†. A bill of exchange, therefore, is a written acknowledgement of the debt, written by the creditor and accepted by the debtor. There are usually three parties to a bill of exchange drawer, acceptor or drawer and payee.Drawer himself may be the payee. Essential conditions of a bill of exchange: 1. It must be in writing. 2. It must be signed by the drawer. 3. The drawer, drawee and payee must be certain. 4. The sum payable mu st also be certain. 5. It should be properly stamped. 6. It must contain an express order to pay money and money alone. 7. The order must be unconditional. Bills can be classified as: ? Inland and foreign bills. ? Time and demand bills. ? Trade and accommodation bills. 2. 4. 3. Cheques Section 6 of the Act defines â€Å"A cheque is a bill of exchange drawn on a specified banker, and not expressed to be payable otherwise than on demand†.A cheque is bill of exchange with two more qualifications, namely, (i) it is always drawn on a specified banker, and (ii) it is always payable on demand. Consequently, all cheques are bill of exchange, but all bills are not cheque. A cheque must satisfy all the requirements of a bill of exchange; that is, it must be signed by the drawer, and must contain an unconditional order on a specified banker to pay a certain sum of money to or to the order of a certain person or to the bearer of the cheque. It does not require acceptance. 11Specimen of a Cheque ABC Bank Date_____________ Pay ‘A;——————————————————————————–or the bearer sum of rupees———————————————————————————only. Rs——-/A/c No———LF—–Sd/No——————— Distinction between Bills of Exchange and Cheque: 1. A bill of exchange is usually drawn on some person or firm, while a cheque is always drawn on a bank. 2. It is essential that a bill of exchange must be accepted before its payment can be claimed a cheque does not require any such acceptance. . A cheque can only be drawn payable on demand, a bill may be also drawn payable on demand, or on the expiry of a certain period after date or sight. 4. A grace of three days is allowed in the case of time bills while no grace is given in the case of a cheque. 5. The drawer of the bill is discharged from his liability, if it is not presented for payment, but the drawer of a cheque is discharged only if he suffers any damage by delay in presenting the cheque for payment. 6. Notice of dishonor of a bill is necessary, but no such notice is necessary in the case of cheque. . A cheque may be crossed, but not needed in the case of bill. 8. A bill of exchange must be properly stamped, while a cheque does not require any stamp. 9. A cheque drawn to bearer payable on demand shall be valid but a bill payable on demand can never be drawn to bearer. 10. Unlike cheques, the payment of a bill cannot be countermanded by the drawer. 12 2. 4. 4. Hundis A â€Å"Hundi† is a negotiable instrument written in an oriental language. The term hundi includes all indigenous negotiable instruments whether they be in the form of notes or bills.The word ‘hundi’ is said to be derived from the Sanskrit word ‘hundi’, which means â€Å"to collect†. They are quite popular among the Indian merchants from very old days. They are used to finance trade and commerce and provide a fascicle and sound medium of currency and credit. Hundis are governed by the custom and usage of the locality in which they are intended to be used and not by the provision of the Negotiable Instruments Act. In case there is no customary rule known as to a certain point, the court may apply the provisions of the Negotiable Instruments Act.It is also open to the parties to expressly exclude the applicability of any custom relating to hundis by agreement (lndur Chandra vs. Lachhmi Bibi, 7 B. I. R. 682). 2. 5. Parties to Negotiable Instruments 2. 5. 1. a) b) c) d) 2. 5. 2. a) b) c) d) e) f) g) h) i) 2. 5. 3. a) b) c) d) Parties to a Promissory Note Maker Payee Holder The indorser and indorsee (the same as in the case of a bill) Parties to Bill of Exchange Drawer Drawee Acceptor Payee Indorser Indorsee Holder Drawee in case of need Acceptor for honor Parties to a Cheque Drawer Drawee Payee The holder, indorser and indorsee (the same as in the case of a bill or note). 3 2. 6. Functions of Negotiable Instruments Negotiable instruments serve the following functions: ? Substitute for money ? Credit device ? Record-keeping device Most purchases by businesses and many individuals are made by negotiable instruments instead of cash. 2. 7. Endorsement The word ‘endorsement’ in its literal sense means, writing on the back of an instrument. But under the Negotiable Instruments Act it means, the writing of one’s name on the back of the instrument or any paper attached to it with the intention of transferring the rights therein.Thus, endorsement is signing a negotiable instrument for the purpose of negotiation. The person who effects an endorsement is called an ‘endorser’, and the person to whom negotiable instrument is transferred by endorsement is called the ‘endorsee’. Essentials of a valid endorsement: The following are the essentials of a valid endorsement: 1. It must be on the instrument. The endorsement may be on the back or face of the instrument and if no space is left on the instrument, it may be made on a separate paper attached to it called allonage. It should usually be in ink. 2.It must be made by the maker or holder of the instrument. A stranger cannot endorse it. 3. It must be signed by the endorser. Full name is not essential. 4. It may be made either by the endorser merely signing his name on the instrument (it is a blank endorsement) or by any words showing an intention to endorse or transfer the instrument to a specified person (it is an endorsement in full). 5. It must be completed by delivery of the instrument. The delivery must be made by the en dorser himself or by somebody on his behalf with the intention of passing property therein. 6.It must be an endorsement of the entire bill. A partial endorsement i. e. which purports to transfer to the endorse a part only of the amount payable does not operate as a valid endorsement. If delivery is conditional, endorsement is not complete until the condition is fulfilled. 14 The payee of an instrument is the rightful person to make the first endorsement. Thereafter the instrument may be endorsed by any person who has become the holder of the instrument. The maker or the drawer cannot endorse the instrument but if any of them has become the holder thereof he may endorse the instrument (Sec. 51).The maker or drawer cannot endorse or negotiate an instrument unless he is in lawful possession of instrument or is the holder there of. A payee or indorsee cannot endorse or negotiate unless he is the holder there of. 2. 8. Dishonor of a Negotiable Instrument When a negotiable instrument is d ishonored, the holder must give a notice of dishonor to all the previous parties in order to make them liable. A negotiable instrument can be dishonored either by non-acceptance or by non-payment. A cheque and a promissory note can only be dishonored by non-payment but a bill of exchange can be dishonored either by nonacceptance or by non-payment. . 8. 1. Dishonor by non-acceptance (Section 91) A bill of exchange can be dishonored by non-acceptance in the following ways: 1. If a bill is presented to the drawee for acceptance and he does not accept it within 48 hours from the time of presentment for acceptance. When there are several drawees even if one of them makes a default in acceptance, the bill is deemed to be dishonored unless these several drawees are partners. 2. When the drawee is a fictitious person or if he cannot be traced after reasonable search. 3.When the drawee is incompetent to contract, the bill is treated as dishonored. 4. When a bill is accepted with a qualified acceptance, the holder may treat the bill of exchange having been dishonored. 5. When the drawee has either become insolvent or is dead. 6. When presentment for acceptance is excused and the bill is not accepted. 15 2. 8. 2. Dishonor by non-payment (Section 92) A bill after being accepted has got to be presented for payment on the date of its maturity. If the acceptor fails to make payment when it is due, the bill is dishonored by nonpayment.In the case of a promissory note if the maker fails to make payment on the due date the note is dishonored by non-payment. A cheque is dishonored by non-payment as soon as a banker refuses to pay. An instrument is also dishonored by non-payment when presentment for payment is excused and the instrument when overdue remains unpaid (Sec 76). 2. 9. Working Definitions ? Negotiable means transferable. The negotiation that goes on refers to the transfer of the instrument between two people, or from one bank to another, or even from one country to ano ther. In the broadest sense, almost any agreed-upon medium of exchange could be considered a negotiable instrument. In day-to-day banking, a negotiable instrument usually refers to checks, drafts, bills of exchange, and some types of promissory notes. ? A Negotiable Instrument is a written order promising to pay a sum of money. ? Banking is the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit. 16 Third chapter: Data Collection and Limitation 17 3. 1. Sources of the Data Secondary Sources: For making this study paper, I have collected necessary data from various secondary sources, where data already exists. Because it is cheaper to use and easy to find than having to carry out the research again. Secondary information such as definitions, instruments insights and functions were collected from books of different authors, internet articles and various researches. 3. 2. Limitations of the Data Collection Every study, no matter how well it is conducted has some limitations. When making this assignment, there were also some unavoidable limitations.First, because of the limited time limit, this study was conducted only on a small amount of data. Therefore, this study is little less informative. Also lack of required data. Lack of in-depth knowledge of the topic. Finally, the complexity of the study, as well as the scarcity of related information might decrease the performance of the research. 18 Fourth chapter: Result and Discussion 19 4. 1. Findings In this study I have found a lot of essential knowledge about Negotiable Instruments that are used in banking sectors. Some of them are given below? The instruments should be freely transferable.An instrument cannot be negotiable unless it is such and in such state that the true owner could transfer by simple delivery or endorsement and delivery. ? Negotiability involves two elements namely, transferability free from e quities and transferability by delivery or endorsement. ? The holder of the instrument is presumed to be the owner of the property contained in it. ? ? All Negotiable Instruments are freely transferable. The instrument is transferable till maturity and in case of cheques till it becomes stale (on the expiry of 6 months from the date of issue). Certain equal presumptions are applicable to all negotiable instruments unless the contrary is proved. ? Finally, every negotiable instrument was made or drawn for consideration irrespective of the consideration mentioned in the instrument or not. 20 Fifth chapter: Conclusion 21 5. 1. Final decision: In this study we have understood the concept of Negotiable Instruments and how different negotiable instruments are supporting Banking Sectors. A negotiable instrument is a piece of paper which entitles a person to a sum of money and which is transferable from one person to another by mere delivery or by endorsement and delivery.The characteristic s of a negotiable instrument are easy negotiability, transferee gets good title, and also transferee gets a right to sue in his own name and certain presumptions which apply to all negotiable instruments. There are two types of negotiable instruments (a) Recognized by statue: Promissory notes, Bill of exchange and cheques and (b) Recognized by usage: Hundis, Bill of lading, Share warrant, Dividend warrant, Railway receipts, Delivery orders etc.The parties to bill of exchange are drawer, drawee, acceptor, payee, indorser, indorsee, holder, drawee in case of need and acceptor for honor. The parties to a promissory note are maker, payee, holder, indorser and indorsee while parties to cheque are drawer, drawee, payee, holder, indorser and indorsee. Negotiation of an instrument is a process by which the ownership of the instrument is transferred by one person to another. There are two methods of negotiation: by mere delivery and by endorsement.In its literal sense, the term ‘indors ement’ means writing on an instrument but in its technical sense, under the Negotiable Instrument Act, it means the writing of a person’s name on the face or back of a negotiable instrument or on a slip of paper annexed thereto, for the purpose of negotiation. A bill may be dishonored by non-acceptance (since only bills require acceptance) or by non-payment, while a promissory note and cheque may be dishonored by non-payment only. Noting means recording of the fact of dishonor by a notary public on the bill or paper or both partly.Protest is a formal notarial certificate attesting the dishonor of the bill. The term ‘discharge’ in relation to negotiable instrument is used in two senses, viz. , (a) discharge of one or more parties from liability thereon, and (b) discharge of the instrument. 22 References Michael D. Floyd. â€Å"Mastering Negotiable Instruments: Ucc Articles 3 and 4 and Other Payment Systems (Mastering Series)†. Published Jun 30, 2008 Law of Negotiable Instruments, 6th edition 2007 – By Tan Peng Chin LLC Chapter 73 — Negotiable Instruments: http://www. eg. state. or. us/ors/073. html DocsFiles: http://docsfiles. com/pdf_ negotiab le_instruments. html Ethiopian Legal Brief: http://chilot. me/teaching-materials/insurance-banking-and-negotiable-instruments/ FindThatDoc: http://www. findthatdoc. com/search-95781382-hPDF/download-documents-bltch19pdf. htm Wikipedia, the free encyclopedia: http://en. wikipedia. org/wiki/Negotiable_instrument Wikipedia, the free encyclopedia: http://en. wikipedia. org/wiki/Negotiable_Instruments_Act,_1881 23

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Supporting statement - Essay Example As far as my experience is concerned, I have worked in different fashion companies where I got the chance of practically applying my fashion related knowledge and expertise. I have worked for five years as a PR Assistant in the Insky Communication Company in China, starting from 2000 till 2005. Then, I came to London where I worked part-time for two years in Christian Dior. I was simultaneously working as an internee PR Assistant in Artstalker Creative Group helping them in carrying out business with the Insky Communication Company in China. The duration of the internship was more than one year. I have also attended some training courses as well and have been awarded certificates. I have the experience of arranging a mega fashion show which involved students who graduated from Central Saint Martins in China last year. I was among the five topmost designers who were selected to conduct this fashion show. I feel that I have enough experience to show that I have a craze about going ahead in the fashion industry and contribute to the this era’s style and trends. I keep myself updated with market requirement. I keep on reading fashion magazines and attend all fashion shows being held in my vicinity. I feel that I possess those special skills needed to choose right combination of colors and I try to come up fresh, innovative and unique ideas. I have learnt CAD (Computer-aided designing) techniques so as to equip myself with the latest technology for creating sketches and designs. I also possess the ability of synchronizing and connecting together the thoughts of both the client and the manufacturer in a successful way. This enthusiasm is what pulls me to apply for this fashion specialism course. After specialization, I plan to open up my own exclusive fashion retail shop much similar to the famous Topshop in China. I shall

The Gold Rush Essay Example | Topics and Well Written Essays - 500 words

The Gold Rush - Essay Example The gold rush seemed to spell the beginning of the end for the people who lived in California when gold was found, it was also the beginning of equal rights for others who had long been oppressed by these same oppressors. There were several people already in California when gold was discovered. In addition to the white men that were moving into the west as a result of the Mexican-American War, there were plenty of Mexicans already living on the land of California, colonists sent by Mexico and Spain called Californios. Although many of the Mexicans who settled in California to work the ‘southern mines’ were experienced miners in the same sort of climate as they encountered in California, their expertise and success was resented by the white colonists. â€Å"In a little over two years, Americans came to resent the fact that foreigners -- particularly those from a country the United States had just defeated in war -- were making it rich off land that they now considered exclusively theirs† (Chavez, 1998). As a means of ‘evening up’ the playing field, the white settlers struggled to gain control of the legal institutions and thus bring about laws that favored them while s ignificantly reducing the resources and recourses available to the Mexicans or people of non-white descent. Another group of people had also been living on California land in the mid-1800s. They made up a variety of tribes and distinctly separate cultural groups, but history has clumped them together under the common term Native Americans. These people had long lived off of the fruits of the land, fitting themselves within the rhythms of the natural seasons and placing value on things that actually benefited them directly, such as food, clothing, shelter and workable metals or stone. Materials such as gold had little value to them because it was too soft to be dependable and did not provide any other direct benefit. However, these Native Americans

Supporting statement Essay Example | Topics and Well Written Essays - 1000 words

Supporting statement - Essay Example As far as my experience is concerned, I have worked in different fashion companies where I got the chance of practically applying my fashion related knowledge and expertise. I have worked for five years as a PR Assistant in the Insky Communication Company in China, starting from 2000 till 2005. Then, I came to London where I worked part-time for two years in Christian Dior. I was simultaneously working as an internee PR Assistant in Artstalker Creative Group helping them in carrying out business with the Insky Communication Company in China. The duration of the internship was more than one year. I have also attended some training courses as well and have been awarded certificates. I have the experience of arranging a mega fashion show which involved students who graduated from Central Saint Martins in China last year. I was among the five topmost designers who were selected to conduct this fashion show. I feel that I have enough experience to show that I have a craze about going ahead in the fashion industry and contribute to the this era’s style and trends. I keep myself updated with market requirement. I keep on reading fashion magazines and attend all fashion shows being held in my vicinity. I feel that I possess those special skills needed to choose right combination of colors and I try to come up fresh, innovative and unique ideas. I have learnt CAD (Computer-aided designing) techniques so as to equip myself with the latest technology for creating sketches and designs. I also possess the ability of synchronizing and connecting together the thoughts of both the client and the manufacturer in a successful way. This enthusiasm is what pulls me to apply for this fashion specialism course. After specialization, I plan to open up my own exclusive fashion retail shop much similar to the famous Topshop in China. I shall

Cultural-Adaptation Essay Example for Free

Cultural-Adaptation Essay The East African tribe ‘Maasai’ can be found in Kenya and certain parts of Tanzania. Their subsistence strategy has primarily been pastoral for several centuries. The Maasai herd cows, sheep and goats for a livelihood as they depend on the meat and milk for their survival. The Maasai are also semi-nomadic people, making them pastoral nomads (ONeil 2). This helps them move from place to place, in search of better climatic and external conditions suitable for raising their herd animals. They constantly move to areas having greener pastures and adequate water to ensure that their livestock are healthier; it also facilitates grass growing back again in areas that have been grazed by cattle. Their choice of location would also depend upon other factors such as safety from predators such as lions. The Maasai do not construct permanent settlements as they are constantly on the move; they live in temporary dwellings that are simple to construct. The social structure of the Maasai has played a key role in preserving the tribe’s primary subsistence strategy as pastoral for centuries. The age-based social structure is quite fair and consistent as there is no discrimination based on caste or familial segregations. However, there are certain gender-based roles and customs within the tribe. The men are divided into the youths, the warriors also know as ‘moran’, and the elders. On the other hand, the young girls get married to warrior men, bear children and raise them; the women can also become elders after their bear four children. The youths become warriors around the â€Å"age of 13 to 17† and move to a different village, live in unsecure enclosures called ‘manyatta built by their mothers and eventually get married (Martin 7). It is the duty of the warriors to ensure that the tribe is safe and cattle are protected from predators. They are mentally conditioned as well as physically trained from a very young age to perform this duty. The Maasai women specialize in building houses from sticks, mud and cow dung. This helps the tribe to move from place to place easily and sustain their semi-nomadic way of life. The Maasai men also build thorn fences to keep their cattle safe in enclosures. The elders are supposed to impart wisdom and live passive lives, as the responsibilities and duties of the tribe pass over to the next generation of warriors. The authority figure in their social system is a person known as laibon, roughly translated as ’medicine man’; the ‘laibon’ also fills the religious needs of the tribe and practices shamanism for healing. This uniform socio-cultural structure lends stability and contributes to the subsistence of the Maasai way of life, as there is very little room for rebellion within the group. Many aboriginal cultures around the world are going through transition due to modernization and the Maasai are no exception to this rule. Urbanization had led to the Maasai being confined to smaller areas, thus threatening their way of life. To cope with these changes, a small segment of the tribe has recently changed its subsistence strategy to agriculture, fishing and taking menial jobs in urbanized areas. The tourism industry promoted by the government has compelled certain Maasai tribes to diverge away from their self-sufficient lifestyle and act as showpieces for tourists (Akama 717). However, the Maasai still retain certain aspects of their cultural identify such as speaking a language called ‘Maa’ and wearing a red cloth called the ‘shuka’; they also pierce their earlobes and adorn large metal earrings. Despite the influence of the modern world, a large segment of the Maasai tribe is still quite self-sufficient as they produce their own food from cattle and take care of other needs such as shelter and medicine. Works Cited Page Akama, John. Marginalization of the Maasai in Kenya. Annals of Tourism Research, Volume 26, Number 3, July 1999. Martin, Marlene. Society-MASAI. The Center for Social Anthropology and Computing. June 14, 2009, http://lucy. ukc. ac. uk/EthnoAtlas/Hmar/Cult_dir/Culture. 7860 ONeil, Dennis. (2007). Patterns of Subsistence: Pastoralism. Palomar College. June 14, 2009, http://anthro. palomar. edu/subsistence/sub_3. htm

Musical Culture In Various Regions

Musical Culture In Various Regions Through research and studying about the different musical culture in various regions, one can often link the different characteristics of music with the particular place. Music shares a close connection with place as it helps shape the ways we make music. In different places, ideas about the aesthetics, contexts as well as history of music will vary. The uniqueness of place is critical in our understanding of music as different perceptive and judgments incite differences. Disparity in environment also gives rise to the different levels of appreciation of music. The effectiveness of music will also be questioned when it is presented in a completely different environment as there are bound to be a difference in understanding the background of music, which includes the different influence, functions and representation of it. The discussion of musics connection with place can be framed by broad boundaries concerning the ecological, political, acoustic and social context of the environment, which somewhat affects the type of music that is made and how it is regarded in the area. The musical situation and concept may mean different things and involve different activities among the people in various societies. In the following essay, I will explore the wide array of differences and perception of music due to the diverse environment they are made in. In Papua New Guinea, it can be said that music of the Kalulis share a close connection with their rainforest. This relationship between music and ecology is important and the never ending dense soundscape play a major role in the daily lives of the Kalulis. The sensuousness of their everyday life is closely tied to the experiences of places. An evident example being the pattern of sounding- Dulugu Ganalan, also known as lift-up-sounding, is an important musical trait of Kaluli music. It is characterized by having one sound that stands out momentarily, and then just as quickly fades into a distance, overlapped or echoed by a new or repeated emergence in the mosaic. Feeble or rather, no attempts are made to coordinate the singing or playing of the instruments in Kaluli soundmaking so as to somewhat imitate the music of the rainforests where the sounding of the creatures and nature is never in unison. This pattern of sounding in the natural environment is the inspiration for many Kaluli vocal and instrumental forms. The significance of creatures inhabiting the surroundings, such as birds, plays an important role in their music. Birds are commonly associated with the spirits of the dead and the calls of the birds are commonly imitated by human vocalizations as well as drum calls. The importance of birds to the Kalulis is such that they are voices and are vital in delineation of social spaces, between the non-spiritual and spiritual realm. Birds are like voices to the Kalulis. They recognize and acknowledge the existence of birds primarily through sound and likened them to be spirit reflections of deceased men and women. The construction of musical instruments such as the Kaluli drums, as well as vocalizations in Kaluli music are grounded in the perception of birds, as indicated foremost by the presence of sound. These calls of the birds are particularly important because it embodies much of the way Kaluli identify with their forest home and so much of their feelings about the death and the reflec tion realm. As Feld suggest, the incorporation of characteristics of the different bird calls in drumming and certain types of song (eg. Gisalo) brings about much emotional intensity to the musical performances. This is because the souls of the dead are thought to be revealed in the voices of the rainforest birds. Such association between music and the ecology of the environment is especially apparent in the Bosavi region. Songs and weeping not only recall and announce spirits, but their texts sung in a poetry called bird sound words, sequentially name places and co-occurring environmental features of vegetation, light and sound. These songs become what Kaluli call a path, namely a series of place-names that link the cartography of rainforest to the movement of its past and present inhabitants. These song paths are also linked to the spiritual world of birds. As Steven Feld notes, the link between the birds and the Kalulis shows a local ecology of voices in the forest. Place is also regarded a critical factor in determining the song structure of the Kaluli music. The formal structure of Heyalo songs as trees where trunk is marked as the refrain usually refers to the whistling sound of a local bird and branches is marked as verses reflecting such songs as maps of lands and human relations. Musical dialogue with the sounds of the environment is also an interesting trait that shows the connection between music and place. The Kalulis creates musical counterpoint with the environment such as singing duets with the Cicadas or waterfalls. The poetic sound words such as da:da, siya siya and wo-wo creates counterpoint with the imitation of the cicadas. The movement of water through the environment is also paralleled to the sound in song. Water flow animates much of Kaluli musical imagination, as all waterway terms are also names for the musical intervals, the segment of song, the patterns of rhythm, and the contours of melody. Kaluli compose their songs by creeks or waterfalls, singing with and to them, and the texts of these songs are maps of waterways or trails, viewing them from above as spirit birds might-in Felds words, sense that in song, sound flows and connects people and places- in the same way as water constantly flows through the environment, connecting, dividing bodies of land. In the Gisalo songs, its organization is identical to muni bird representation and to the tonal structure of weeping. Gisalo songs make full and dramatic use of all poetic resources and such dramatic performances in the song, dance, costumes and weeping makes the Gisalo performance likened to the form of a bird. This shows the close connection between the music of Kaluli and the significance of birds that are present in their rainforest environment. From the above, one can conclude that the connection with place in respect of the environmental ecology is critical to aesthetics, structure and emotive power of the Kaluli music. Such connection between music and the forest environment is also evident in the music among the Mbuti in Central Africa. The immense, ancient, thickly canopied tropical rainforest exerts a powerful influence on life of the people, namely the ethnic group of BaAka. Communal singing is part of their daily life in the forest as well as the rituals they perform when they are not in the village. An example being molimo, in which the Mbuti sing to the forest. It is sung to restore the tribes connection to the forest and make the forest happy, generally after some crisis, such as death or a period of bad hunting. Older men sing songs of praise to the forest and in reply, the forest also sings , with sounds varying from animal-like growls to high, melodious sounds. These sounds appear to come from a source moving through the forest, sometimes near the village, sometimes far away. For the Mbuti, the molimo evokes their intense love for the forest, which is their provider and protector: in rea l sense, their deity. As Turnbull suggests, song is used to communicate with the forest, and it is significant that the emphasis is on the actual sound, not on the words. Through this case study, we can see how music is connected to the ecological environment such as the rainforests. The music across State borders in the Northern Fringes of Europe shares close connections with the environment as well. Musical practice is shaped where through joiking; insights are offered about our eco-system to a global audience as arctic populations feel the effects of polar warming and notice changes in the eco-system first, alerting to us the global dimensions of environmental changes. Musicians contribute to the environmental, climate and global warming issues through joiking. An example being Valkeapaas composition of the Bird Symphony where he encourages listeners to consider creative practices in thinking about environment, alongside social, political, developmental and scientific perspectives on the environment as suggested by Ramnarine. Music in this case is studied in relation to the environmental crisis of the place. Its connection with place is through composing of the environment through joiking. Music is also regarded to have close connection with the environment as Valkeapaa referred joik to be like a ring that circles in the air and its structure can be compared with water moving in harmony with the landscape or the wind that touches the ground on the mountain plateau. In a different perspective in viewing of the environment, one can say the landscape and acoustics of the particular place plays an important part in the making of music. The music of Tibet had close connections with the vast open landscapes. Singers in Tibet are usually not trained professionally and they have extremely strong vocals which are developed due to singing frequently in the open pastures. Their vocal projection is powerful with characteristically condensed and focused singing sound which can be carried through in the open. Such nomadic vocal style shows the connection of music making in Tibet where open pastures and large open environment is apparent. Countless Tibetan songs and ballads are also equipped with lyrics that describes and sing praises of the environment of Tibet. Praises are sung of the brilliant sun of Tibet, the beautiful rivers, mountains and vast green fields. All these show the close connection between place and music where the place influences the diffe rent aspects of music making. Conversely, the difference of agricultural environment of the place affects the different types of music made. The connection between the contrasted environment of the Amazonia and Andean highlands has a significant impact in music making and gave rise to different musical ensembles. In the Amazonia, which is largely governed by tropical forests, a meditative and individual quality of music is preferred. The reflective and relaxing nature of the music made can be contrasted to music of the High Andes. One rarely hears meditative sounds but rather, strident and vibrant music is characteristic of the music. High tessitura is employed, instruments are often blown strongly to exploit the high registers and multiphonics, almost outwardly to put across the sense that they are compensating for the silence of the barren, treeless mountainscape. Musical ensembles in the High Andes tend to play monophonically in groups of the same family of instruments and are often accompanied with drums. In contrast, musical ensembles of the Amazon rarely play monophonically with regular drum accompaniment. In different places, the function music differs as well. With regards to the music of the High Andes, music is very much associated to agriculture as well as seasonal changes. Different sets of instrument, tunings and song genres invoke different emotional qualities and are alternated throughout the course of the year and are closely connected with the agricultural production. People play on their flutes and panpipes to the llamas and sheep as it is believed to promote fertility and sometimes are also said to console and bring joy to the surrounding landscape ensuring abundant herds and potato harvests. Music is a contextualized activity and is usually not heard when there are no festivals but in contrast, one will be virtually surrounded by music during festivals. It is also important to follow the conventions of only a certain specific group musical instruments are allowed to play during different seasons as it is believed that music orders the seasons and cycles of production. On the other hand, the function of Sundanese music in Indonesia differs from that of the High Andes. Sundanese music is more frequently associated to ceremonies and celebrations where vocal music or instrumental music is performed for either ritual or entertainment purposes. Music serves as an accompaniment for dances such as the ketuk tilu, which is a flirtatious open air dance where the female entertainers sang and dance to rhythms produced by the kendang drum. Music also serves to function as an important accompaniment during theatrical performances such as the Wayang golà ©k-a rod puppet theatre. Through the case studies of the High Andes and Sundanese music in Indonesia, one can clearly see how functions in different places give rise to different types of music. (AM I GOING OUT OF POINT BY MAKING THIS LAST LINK TO THE QNS?) Musics connection with place can also be discussed in the context of the political climate of the particular place. The political climate of the place also plays a role in the influence on the type of music produced, one example being the music in Tibet. It is necessary for one to understand the political context first before being able to accurately grasp the understanding of Tibetan music. Reform of culture due to the political control by the Chinese Communist Party, Cultural Revolution and post-Cultural Revolution policy, all play a significant role in the music of Tibet. Traditional songs were banned during the Cultural Revolution and national ideology is imposed on the performing arts. Propaganda songs were composed and national unification of the musical style was evident during the Cultural Revolution. Great massive symphonic works written for large orchestras portraying grandeur and power, and these were favored to the traditional smaller scale works. Secular music also fared better under the Chinese rule than the monastic music that was distinctive of Tibet. This shows the how political climate of the particular place affects the composition of music, which in this case, the cultural revolution in Tibet. These case studies show that the particularities of place are critical in understanding music. There are different important implications for the different experience of landscape and social differences among the different case studies mentioned above. The diversity in organizing and understanding of music, as well as the varying stylistic features diverge between the different places are closely connected with the specific setting, way of life and associations to place. In addition, other individuals who come from a different environment or place may or may not appreciate the particular musical type. Experiences and sentiments raised vary among these outsiders and that their experience of music will be different to that of the concerned group. Scientists tell us bird calls are for mating and marking territory and give them no significance outside the bird world, but for the Kalulis, bird sounds are part of a song pattern that connects to human world and involves feelings of sadness. It is evident that the cultural and social differences in the different places give rise to different musical features as well as the functions of music in the different contexts. In conclusion, one can affirm that music shares a close connection with place. The different ecological, acoustic, social and political environment gives rise to the different styles of music as well as different levels of understanding and appreciation of music.

Beerpong :: essays papers

Beerpong Beer pong is one of the most popular drinking games known to collegiate students across the country. This game is so often played in college life that most of the time, rules cannot be agreed upon because there are so many different versions. Everyone who plays the game knows a different set of rules, based upon what they had previously been taught. This paper will discuss not only how to play the game, but popular variations that I have come across while doing extensive and grueling research for this paper as well. In order to play beer pong, there are essential items you must have. First, you will need a Ping-Pong table, but any table around the same length will do. Then you will need twelve, sixteen-ounce cups, preferably the red ones that are frequently used at parties, as well as two Ping-Pong balls. Two additional cups filled with water will be useful to clean the balls after they hit the floor. However, this is an optional hygienic step not necessary to play the game, but one that is recommended. Oh, not to mention, the beer. I would suggest that there is a lot readily available, because it is common to go through it quickly in this game. After all of the necessary items are gathered, it is time to set up the game. First, pick two teams, made up of either one or two people. There should be even teams, but Canadian doubles are acceptable. A Canadian double is a team of two, verses a team of one. Then each team should take six cups and set them up in pyramid form on the far ends of the table making sure that the rims of the cups are touching each other. Once the cups are set, they should be filled with beer. A lite, cheap beer is probably the best due to the fact that it is economical and it will go down easier. In the version that I’m most familiar with, there are two full beers in each set of six cups, and you can fill these cups however you want. For example, if you wanted, you could put all the beer in the back three cups and very little in the front three. The front three are easier to hit, because they are closer to the person shooting, so if you put less beer in them, it would make the game harder for you r opponent.