A Interview On My Father s My Dad, The Owner And Founder...

I would like to preface this report by mentioning that this interview went nothing like I expected. At 7:00pm on Tuesday, March 21st I walked into the office of Brad Hults, the owner and founder of Jefferson Midstate Auto Auction (JMAA). Every Tuesday used car dealers from all over the Midwest come to JMAA looking to buy and sell used cars. My dad, an auto dealer himself, currently works there on sale days (Tuesdays) and it just so happens that my father has connections with Brad. I am lucky enough to have an inside scoop on the business- I actually worked there on sale days last summer. This gives me an understanding of the culture and what JMAA really values as a company. Unfortunately, up until this interview, I had never actually had a†¦show more content†¦Because he (supposedly) has said energy, anyone who walks into his office, works for him, enters his car auction, or just interacts with his business in any way also gains part of that energy, and thus the universe sta rts to give them what they want as well. He was convinced that â€Å"[my] life has significantly improved since [I] started working here a year and a half ago. [I’ve] become more self-aware and those coincidences seem to happen more often. That is the universe bringing things to [me].† While the concept was nice, I am not sure if the world actually works that way. After the interview, I had more questions than answers, and I had not even gotten the chance to ask him about his actual business. I also really was not sure if he was a pure genius or if I needed to check him into a mental hospital. Probably both. After some analysis, I realized his opportunity identification process focused less on if it was feasible, but more on if he desired to do it. If he desired to something, the universe would bring everything he needed to him. Basically, the universe would take care of the feasibility part. I partly agree with Brad and definitely think that following your desires is a worthy goal. Just like the author of Monk and the Riddle said, the deferred life plan permits people to forget their passions and never actually achieve them. A passionate person is less discouraged by the difficulties of entrepreneurial process because they can see the end

Ban Smoking On Public Beaches - 855 Words

The ban of smoking on public beaches in America has increased since it started in the 1970s. This is a controversial issue as not all people agree on banning smoking on public beaches, mainly smokers. People that are strongly against smoking on public beaches tend to be parents and non-smokers alike. They find it absolutely unacceptable to smoke on public beaches as they see it as an unhealthy and a harmful habit, and do not want to be around it. Apart from disapproval of non smokers, there is other negative effects of smoking on public beaches. Therefore, smoking should not be allowed on public beaches. Leftover cigarettes pollute beaches and affect marine animals. Cigarette butts left and thrown onto the beaches by irresponsible and ignorant smokers make the beaches dirty and unattractive to people. This can have a lot of negative effects. One such example is that it is hard for the people to clean and dispose of cigarette leftovers, as they are small and more likely to be washed away into the water. Beach goers, families, and tourists are also affected as nobody wants to go on a polluted beach. There are already a lot of pollutants that contributes to the destruction of the beaches, such as oil spills, chemicals coming from factories, human wastes which are more prominent in less developed countries, and so on. Cigarettes are no exception to that, they not only makes the beaches unattractive to the people who go there, but they also have negative impacts on the marineShow MoreRelatedEnvironmental Tobacco Smoke Essay1084 Words   |  5 Pagesinternational beach cleaning every annu m. Smoking ban can benefit in several ways – from saving of lives, the prevention of disability, to a dramatic decline in health care costs – majority of which are carried by nonsmokers who otherwise are impelled to pay exaggerated health insurance premiums and higher taxes. The recently laid ban on smoking in outdoor areas, in the city, is a smart move. Support of smokers is truly much needed to make it successful. Smoking is extremely harmful to health of nonsmokersRead MoreSmokers’ Social Responsibility: Supporting Cigarette Ban in Outdoor Areas1011 Words   |  5 PagesSmokers’ Social Responsibility: Supporting Cigarette Ban in Outdoor Areas Audience: Smokers in the city Genre: An article in local newspaper Results of many researches have proven that concentrations of tobacco smoke in outdoor areas possess the risk to individuals, kids and environment. Even cigarette butts are equally hazardous for environment and many creatures, especially in sea. Therefore, the recently laid ban on smoking in outdoor area in our city is a good move. However, the support ofRead MoreNo Smoking Bans In Colleges Essay1078 Words   |  5 PagesNo Smoking Bans at College Smoking bans have become a new trend in colleges and universities. The effort is to making changes in the attitude and behavior of students to consider this habit as risky for a smoker, as well as the people around them and other environmental factors. Knowing the fact a growing concern is observed as harmful effects of second hand smoking are larger than that of first hand smoking. A smoke free campus policy will be a mere step in changing the trend of smoking and maintainingRead MoreShould Smoking Be Legal?1706 Words   |  7 PagesSmoking tobacco has been in existence for thousands of years. For most of its existence smoking has been acceptable, tolerable, and permitted in our mainstream society. In recent years, smoking tobacco has been under scrutiny. Smoking bans have been introduced to restrict smokers from smoking in public and private places. For example, restaurants, bars, hotels, parks, and beaches throughout the United States have established the bans against public smoking. I discovered this has significance as itRead MoreThe Effects Of Cigarette Smoking On The Environment920 Words   |  4 PagesCigarette smoking has affected the environment negatively, as well (Novotny). Discarded cigarette butts can be seen off the streets, sidewalks, beaches, or other open areas (Novotny). Even though a single discarded cigarette filter has minimal impact on t he environment, United States had manufactured 1.35 trillion of filtered cigarettes in 2007 and 360 billion of them were consumed (Novotny). According to Ocean Conservancy’s International Coastal Cleanup, these wastes are the most littered and collectedRead MoreSmoking Should Be Banned from All Public Areas 1106 Words   |  5 Pagesinto your lungs. Now look around yourself, and you’ll see someone smoking on the bench beside you. Smoking is the number one avoidable causes of death. Therefore, smoking should be banned from all public areas. The ban from smoking in public will help to reduce the smokers intake of cigarettes/chemicals, cigarettes themselves are a danger to the earth, some may argue that this ban may damage the cigarette economy, and that smoking does not only effect the smoker himself/herself, it effects everyoneRead MoreSmoking Bans1275 Words   |  6 Pages1965, the first year the CDC started tracking that figure (â€Å"Trends in Current Cigarette Sm oking Among High School Students and Adults, United States, 1965–2014† cdc.gov). Smoking bans are partially to thank in addition to education efforts for the plummeting number of smokers in this country, however, smoking bans in public parks should have no part in the effort to end tobacco dependency. Smoking bans in US public parks should be illegal because it would be extremely difficult to enforce, it limitsRead MoreShould Smoking Be Public Spaces Should Be Allowed?1789 Words   |  8 Pagesand at our restaurants. It is the war on smoking. Over the past several years the debate has been raised about whether or not smoking in public spaces should be allowed. Should a person be able to go anywhere in public and have the right to clean air? Is society infringing upon the rights of smokers? This social issue is more than just about health. This is a topic of great importance because of the implications of a ruling in favor or against smoking in public could have great i mplications to how ourRead MoreIts Time to Ban Smoking Essay1677 Words   |  7 Pagesracing into your lungs. Now look around yourself, and you’ll see someone smoking on the bench beside you. Smoking is the number one avoidable causes of death. Therefore, smoking should be banned from all public areas. The ban from smoking in public will help to reduce the smokers intake of cigarettes/chemicals, cigarettes themselves are a danger to the earth, some may argue that this ban may damage the economy, and that smoking does not only effect the smoker himself/herself, it effects everyone aroundRead MoreCigarette Smoking around the World Essay1567 Words   |  7 Pagesmore than AIDS, alcohol, drugs, abuse, car accidents, murders, suicides, and fires COMBINED (â€Å"Cigarette Smoking† 2). Scary, isnt it? That even though cigarettes can cause that many deaths, people still smoke them? Cigarette smoking is a serious problem in the United States. Especially when it is done in pub lic. Public smoking should be banned because it is a hazard to the people around. Smoking comes with many problems. Not only for the smoker, but for the nonsmokers who are exposed to the smoke

Company Law of Grand Ltd-Free-Samples for Student-Myassignment

Question: Separately consider each capital transaction. Can Grand Ltd successfully undertake each transaction? Explain your answer with references to the relevant sections of the Corporations Act 2001 and relevant case law. Answer: Issue Grand Ltds current share capital consists of 25000 ordinary shares, which were issued at a price of $5 per share, and 5000 preference shares that were issued at a price of $2. Preference Shares The rights of the preference shares have been decided by passing a special resolution by Grand Ltd just after its registration. The rights of the preference shareholders are as under: The preference shareholders shall enjoy preference on the repayment of capital over other shareholders at the time of liquidation of the company. The preference shareholders shall receive dividend at the rate of 7% per annum. Moreover, the preference shares that have been issued are cumulative preference shares. These shares shall carry one vote per share. The preference shareholders shall have no share in the surplus profits or assets of the company. The document governing the organization does contain provisions that shall be applicable on the further issue of preference shares. Neither does it provide for variation or cancellation of the rights of any share. Ordinary Shares The shareholding of the ordinary shares of the company is as under: 60% of the ordinary shares that is 15000 shares are held by Audax family Others hold 40% of the ordinary shares that is 10000 shares. At the time of issue of ordinary shares, each carried one voting right. Now, the company is willing to increase its capital base by the issue of shares. It has two options Raising funds from the issue of equity share capital Raising funds from the issue of preference share capital Grant Ltd prefers to raise funds from the issue of equity shares. This shall dilute the shareholding of Audax family. The Audax family does not want to invest funds in the company any further. However, it still wants to retain its shareholding of 60% in Grant Ltd. Therefore, the company is considering adopting the following strategy to raise additional funds: 5000 new preference shares shall be issued on the same terms as the old preference shares. 20000 new equity shares shall be issued to new investors at an issue price of $5 per share. After the issuance of new equity shares, the equity shares shall be divided into two groups. These groups shall be named as Group A equity shares and Group B equity shares. Group A equity shares shall consist of shares Audax family and shall carry two votes per share on a poll. Group B shares shall consist of new equity shares having one vote per share. The main issue mentioned in the above case study is that whether Grant Ltd can go ahead with the above mentioned issuance of preference and ordinary shares or not. Further, whether Audax family can be granted two votes when a poll is demanded is also an issue of the case study. In the paragraphs mentioned below the these issues shall be dealt with in the light of the provisions of Corporations Act 2001. Law/Principle As per Section 9 of Corporation Act, 2001, a redeemable preference shares means shares that have preference over other class of shares in the payment of dividend of the company or in the distribution of the assets of the company at the time of winding up (icnl.org, 2017). These shares may or may not carry voting rights. However, preference shares that are issued by a listed company must carry voting rights relating to certain matters (Freckelton and Selby 2013). Corporations Act, 2001 defines ordinary shares as shares that do not carry any preferential rights. Ordinary shares are entitled to vote and participate in the dividends or in the distribution of assets of the company (icnl.org, 2017). The Corporation Act further provides that without prejudice to any special rights previously conferred on the holders of any existing shares or class of shares and subject to the provisions of this Act, the Listing Rules and the Constitution, the directors can, at any time issue such number of shares that they consider appropriate (Coffee Jr, Sale and Henderson 2015). Further, the shares that the directors plan to issue can belong to any class of shares (icnl.org, 2017). These shares can be ordinary shares, preferred shares, deferred shares or shares having other special rights and restrictions with regard to return on capital, dividend otherwise or otherwise as the directors determine on their discretion (icnl.org, 2017). The Corporation Act further elaborates on the rights attached on any class of shares. As per the provisions of this Act, share capital of the company can be divided into different classes of shares subject to certain conditions (icnl.org, 2017). According to the relevant provisions of the Act, the rights of any class of shares can be varied if three quarters of the shareholders of that class of shares give their consent in writing or if it authorized by a special resolution passed in a separate meeting of the class of shareholders whose rights are being considered to be varied. Application of Law The provisions of Corporation Act, 2001 have been mentioned above. On applying the above mentioned provisions of Corporation Act 2001 in case of Grant Ltd the following inferences can be drawn: The Corporation Act, 2001 contains provisions relating to the issuance of preference shares by the company. The provisions of the Act provides that the directors of the company may at any time issue such number of shares as they deem fit (icnl.org, 2017). Therefore, applying this provision in case of Grant Ltd, this company can issue 5000 fresh preference shares on the same terms as the old preference shares. The Corporation Act has given the authority to the directors of the company to issue any number of shares at any time and belonging to any class (icnl.org, 2017). Hence, applying this provision, Grant Ltd can issue $20000 new equity shares. The Act has also laid down provisions relating to division of class of shares. As per the relevant provisions of the Act, the rights of any class of shareholders can varied if it is approved by three quarters of the shareholders whose rights the company is considering to alter or by passing a special resolution in separate meeting of the class of shareholders whose rights shall be varied (Tricker and Tricker 2015). Further, the Act also provides that a class of ordinary shareholders may have more than one vote when a poll is demanded (icnl.org, 2017). On applying these provisions of Corporation Act, 2001, Grant Ltd can issue 10000 ordinary shares and provide two votes on in case of a to Audax family if the same is approved by three fourths of the ordinary shareholders of Grant Ltd. In other words, a separate meeting of the ordinary shareholders should be held and at least 18750 ordinary shareholders out of 25000 shareholders grant their approval on providing Audax family two votes wh en a poll is demanded. Only if this condition is satisfied, Grant Ltd can go ahead and provide this liberty to Audax family. Therefore, Grant Ltd needs to hold a meeting of the ordinary shareholders in order to seek approval for granting two votes per share to Audax family when a poll is demanded. Conclusion It can be concluded from the above discussion that all companies are required to follow the provisions laid down in Corporation Act 2001 and the document governing the company. However, if there is a contradiction between the document governing the company and the Act, the Act shall prevail. Further, in case the document governing the organization is silent relating to any matter, the company shall follow the provisions of Corporation Act. Grant Ltd needs to follow the provisions mentioned in the Corporation Act for raising funds through the issue of additional preference shares or ordinary shares. Grant Ltd also needs to follow the provisions contained in the Act in order to grant additional voting rights to Audax family. The Act authorizes the directors of any company issue any class of shares at any time as the directors deem fit. Hence, the directors of Grant Ltd can issue the required number of preference and ordinary shares at any point of time, as they consider appropriate. Th e Act also provides that when the rights of any class of shares are varied, a meeting of that class of shares shall be held and the proposal relating to the variation of the rights of shares should be approved by three quarter of the shareholders. The Act also permits to grant more than vote to any class of ordinary shareholders when a poll is demanded. However, such voting rights can be granted only if the requisite number of shareholders as provided by the Act pass the proposal granting such rights. Therefore, Grant Ltd needs to hold a meeting of the ordinary shareholders before granting any additional voting rights to Audax family in order to seek approval from the ordinary shareholders. In case, the requisite number of shareholders does not approve the proposal in the meeting, then the proposal shall fail and Audax family shall not be granted any additional voting rights. Bibliography Coffee Jr, J.C., Sale, H. and Henderson, M.T., 2015. Securities regulation: Cases and materials. Ferran, E. and Ho, L.C., 2014.Principles of corporate finance law. Oxford University Press. Freckelton, I.R. and Selby, H., 2013.Expert evidence: Law, practice, procedure and advocacy. Lawbook Company. Gitman, L.J., Juchau, R. and Flanagan, J., 2015.Principles of managerial finance. Pearson Higher Education AU. Gullifer, L. and Payne, J., 2015.Corporate finance law: principles and policy. Bloomsbury Publishing. Hanrahan, P.F., Ramsay, I. and Stapledon, G.P., 2013. Commercial applications of company law. Hanrahan, P.F., Ramsay, I. and Stapledon, G.P., 2013. Commercial applications of company law. Harris, J., Hargovan, A. and Adams, M.A., 2013.Australian corporate law(Vol. 2). LexisNexis Butterworths. Hilb, M., 2012.New corporate governance: Successful board management tools. Springer Science Business Media. icnl.org, i. (2017). [online] Available at: research/library/files/Australia/Corps2001Vol4WD02.pdf [Accessed 30 Jul. 2017]. Monem, R.M., 2013. Determinants of board structure: Evidence from Australia.Journal of contemporary accounting economics,9(1), pp.33-49. Tricker, R.B. and Tricker, R.I., 2015.Corporate governance: Principles, policies, and practices. Oxford University Press, USA

Water, Land and Air Pollution Essay Example

Water, Land and Air Pollution Paper Water pollution Water pollution is usually caused by human activities. Different human sources add to the pollution of water. There are two sorts of sources, they mostly come from pipelines or sewers and then into the surface water. Nonprofit sources are sources that cannot be traced to a single site of discharge. Examples some sources are: factories, sewage treatment plants, underground mines, oil wells, oil tankers and agriculture, acid deposition room the air, traffic, pollutants that are spread through rivers and pollutants that enter the water through groundwater. Water pollution can have a drastic impact on aquatic life in any body of water, which can result in the complete elimination Of certain species. Chemical compounds can be toxic to aquatic life Land pollution Land pollution is the demolition of Earths land surfaces often caused by human activities and their misuse of land resources. It occurs when waste is not disposed properly. Health hazard disposal of urban and industrial wastes, exploitation of minerals, and improper use of soil by inadequate agricultural. Primarily caused by industrial contamination, land pollution is a global problem. Becoming aware of the many ways that land becomes polluted, and recognizing the harmful effects of land pollution, is an important step in understanding how it can be remedied. Air pollution Air pollution is the introduction of chemicals or biological materials that cause arm to humans or other living organisms, or cause damage to the natural environment or built environment, into the atmosphere. We will write a custom essay sample on Water, Land and Air Pollution specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Water, Land and Air Pollution specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Water, Land and Air Pollution specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Air pollution presents big environmental threat in many parts of the world. Air pollution includes variety of different harmful chemicals and gases released from our vehicles and our industrial facilities that make our air dirty. Vehicles are the biggest source of air pollution. Air pollution has extremely negative effect on our environment.