...The checks and balance system was designed primarily to address what the farmers saw as a possible dilemma when dealing with majority rule and still protecting the minority interest at the same time. The farmers understood the nature of human self-interest and in so doing so also understood that the wealthy had certain advantages over those how where less fortunate (poorer). They further, understood that in their eyes the one role of government was to protect private property rights and not redistributions of lands into common ownership. This was what had happened under the Articles of Confederation; it should be remembered events like the Shays’ Rebellion in Massachusetts which still haunted many of the elites of the time. Thwarting tyranny and “devising a government that...
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...The system of check and balances of how it portrayed on a limited government. The system of checks and balances is supposedly supposed to work, but does it really? In this essay it will show you deos the system of checks and balances actually work. The system is suppose to balance out the powers of the three branches being the judicial branch, the legislative branch and the executive branch. The system of checks and balances was suppose to work and help our government and create a limited government. This was not the case, the system of checks and balances did not create a limited government. Checks and balances didn’t create a limited government. In Document 1 the picture shows how the system of checks and balances works. This might seen...
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...Amount Accured – Principal = Interest 5,227.50 – 5,000 = $227.50 or I = PRT I = 5,000 X 0.07 X 0.65 I = $227.50 Question 2 2. You decide to take out a $20,000 simple interest loan at 4%, on the date unit 4 started for you. a) In 45 days you decide to pay off $8000 of the loan. What is your new principal? Explain how you got the answer. I = PRT I = 20,000 X 0.04 X (45/365) I = 20,000 X 0.00493 I = $98.63 Payment = Principal – Interest $ 7,901.37 = 8,000 – 98.63 New Balance = Previous Balance – Principal payment $12, 098.63 = 20,000 – 7,901.37 To get the new principal, I need to go get the interest and the payment to get the new balance. b) 30 days after the first payment, you pay another $6000. What is your new principal? Explain how you got the answer you did. I=PRT I= 12,098.63 X 0.04 X 0.08219 I= 12,098.63 X 0.00329 I= 39.78 Payment = Principal – Interest $12,058.85 = 12,098.63 – 39.78 New Balance = Previous Balance – Principal payment $6,058.85 = 12,058.85 – 6,000 Like in letter A, I went to find the interest first to come up with the new principal. c) 45 days after the 2nd payment, your loan comes due. How much do you need to pay then?...
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...PROCESS ANALYSIS ESSAY OUTLINE I. Introduction – Thesis and Identification of the subject A. The essay will be about entering payables in the Accounts Payable System at work. B. The purpose of the instructions is to give the reader a step by step understanding of the process of entering invoices into the payables system. These instructions can be used as a reference point for anyone who would be working with me at my office to take care of Accounts Payable. C. (The essay will be in step by step format and will conclude with successful entry of an invoice in the Computer Ease System for payment on the date that they system selects based on the entry criteria). II. Body: The steps of the process and the development of those steps A.Step One 1. From the main menu of the Computer Ease Program, select the Accounts Payable Option. In the submenu that appears select “Enter New Invoice”. From this menu a pop up window will appear that will give you the form with fields that must be filled out to complete the invoice. 2. Be careful to select the correct option, as the other options do not give you the ability to enter new invoices into the computer system. B. Step Two 1. In the Vendor Name field press the F2 key and look up the Vendor Code by the Vendor Name, for example, if the invoice is for Staples, then key in the word Staples. A list of Vendors will appear and you will select the correct on. The Vendor Code is the first three letters of...
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...Unit 4: Instructor Graded Assignment Simple Interest (please use exact interest) In this and future Instructor Graded Assignments you will be asked to use the answers you found in the Unit 1 Assignment. Note: For these questions you need to cite a reliable source for information, which means you cannot use sites like Wikipedia, Ask.com®, and Yahoo® answers. If you do use those sites the instructor may award 0 points for your response. The Assignment problems must have the work shown at all times. The steps for solving the problems must be explained. Failure to do so could result in your submission being given a 0. If you have any questions about how much work to show, please contact your instructor. Assignments must be submitted as a Microsoft Word® document and uploaded to the Dropbox for Unit 4. Please type all answers directly in this Assignment below the question it applies to. All Assignments are due by Tuesday at 11:59 PM ET of the assigned Unit. Note: All interest rates are to be assumed to be yearly interest rates. Please use exact interest. In these questions, you will need to use the date that unit 4 starts for your class. List the date that Unit 4 started for your class: * Unit 4 start date: 12-24-2014 Question 1 (10 points) 1. You decide to take out a simple interest loan for $5000, at 7% yearly interest on the date that unit 4 starts for you. If you repay the loan on December 31st (at the end of the current year)... a)...
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...Though instead of simply repairing the current one, Alexander Hamilton began to propose an entirely new form of government. This new government favored ideas such as a strong national government, a national bank, and remaining neutral in foreign affairs, most notably the French Revolution. Those who agreed with these ideas were labeled as Federalists. Though there were many people who opposed to those ideas, so the people called for a vote. Nine of the thirteen states would have to vote in favor of the Constitution for it to be ratified. In an effort to persuade the public Alexander began composing essays with John Jay and James Madison promoting the ideas from the new Constitution. The original plan was to write 25 essays - the work divided evenly between the three men- but in total the three wrote 85...
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...912 Final Exam Essay We in the United States of America have three branches in our Federal Government which are the Legislative Branch (congress), The Executive Branch (the President), and lastly the Judicial Branch (the US federal courts). Each branch is equally important for the successful operation of our nation and democracy however not each branch is equal in the power it holds. Fundamentally the Legislative Branch contains the most “power” in the federal government for Two reasons. One the system of checks and balances leans biasedly towards the legislative branch. Lastly congress is the body if government which decides what laws will be made while the Executive branch only...
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...In American discourse separation of powers is more a name than a description. None of the three branches (legislative, executive, or judicial) of the national government are clearly separate from one another. Congress, for example, has an impeachment club to check the others; the president's veto power is plainly legislative in nature. No wonder James Madison in The Federalist, no. 47, undertook to answer the Anti‐Federalist charge that “The several departments of power are [not separated but] blended in such a manner as at once to destroy all symmetry and beauty of form, and to expose some of the essential parts of the edifice to the danger of being crushed by the disproportionate weight of other parts.” Madison's answer was that Montesquieu—the “oracle” of separation—did not mean that “departments ought to have no partial agency in, or control over, the acts of each other.” He meant rather that “the whole power of one department [should not be] exercised by the same hands which possess the whole power of another department.” The merit of “blending,” according to Madison, was that, along with bicameralism and federalism, it produced a safety net of “checks and balances.” A crucial problem is that split power inevitably entails split accountability. No wonder then that so many difficulties in American government spring ultimately from its divided power system. In contrast, the parliamentary system seeks safety in clear, direct lines of electoral accountability—and less in a...
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...* Enron Questionable Transactions Question 1 The question which segment of its operations got Enron into difficulties is simple to answer, everything. Almost every all segments of their operation were improper. First of all, they practice unethical and dishonest practices which victimized workers, consumers, taxpayers and stockholders. Enron created partnerships within their own organization which led to them creating new financial instruments, called SPE’s (special purpose entities) which was used to falsify the accounting. The improper financial reporting was to make the company look good, instead of assuring that the figures are accurate and reliable. Enron's legal department wrote up contracts that were irregular. Enron executives were so focused on the pursuit of profits, regardless of economic fundamentals. Enron had excesses of difficulties and they also cause their law firm and accounting firm to become involved in a web of dishonesty. Question 3 All of Enron’s directors were involved in the dishonest scheme and they understood how profits were not honorable. One of the directors, Andrew Fastow who was responsible in creating many of the partnerships such as JEDI, Chewco, Kopper & Dodson’s and Dodson Companies knew exactly how the profits were being made along with several other directors such as Ben F. Glisan, Jr., Jeffrey K. Skillings who was on the board of directors. These directors were all part of a financial scheme to continue to...
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...When the framers of The Constitution separated the three branches, they needed to secure that no one branch of government became too powerful, like a tyrant. So in order for this to happen, these framers came up with the systems of checks and balances (Doc C). James Madison stated that ¨...the constant aim is to divide and arrange the several offices in such a manner as that they may check on the other…(The Three Branches) should not be so far separated as to have no Constitutional control over each other (Federalist paper 51, Doc C).¨What James Madison means by this is that for the people to still be protected from and abusive government, the three branches needed to be separated, but they still need to have control over each other to make sure no one branch becomes a tyrant. Comprehensively speaking, the checks and balances that the framers of the Constitution created prevents any one branch of government from becoming too powerful or in other words, a...
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...University of Phoenix Personal Responsibility Essay: Research and Organizatio Resources: CWE Annotated Bibliography and CWE Reference and Citation Generator Review the CWE Annotated Bibliography. Prepare an annotated bibliography for the sources in your Personal Responsibility Essay. Include the following information: * Reference citation for each source * Summary of the information in the source and how you determined it to be reliable Write a 250-word explanation of the following: * How you determined the sources to be reliable and relevant, and whether or not there is an author bias * How this information might strengthen or weaken your essay Format your explanation consistent with APA guidelines. Thesis Statement: Even though someone with personal responsibility values the consequences of their acts; having personal responsibility is also knowing how to manage your time wisely, and recognizing what sacrifices will need to be made to meet deadlines, and puts special attention to its compromises in order to meet them. To be successful in college as a student, you must maintain good attendance, make substantial post in discussions, and turn all of your assignments in on time. Rough Draft Responsibility is a virtue that must be learned and practiced. Being successful requires taking personal responsibility for your actions. In order to be accountable in all aspects of life, it is important to be focused on what you want to accomplish. Establishing...
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...The Basic Law or Grundgesetz for the Federal Republic of Germany was approved on 8 May 1949, and, with the signature of the western Allies of World War 2 on 12 May, came into effect on 23 May. The authors also ensured that human rights and human dignity was made the central and core part of the Basic Law. Key concepts in the basic law are principles of democracy, republicanism, federalism and social responsibility. These principles are constitutionally entrenched and they cannot be removed or repealed by the normal amendment process. Firstly this essay will look into what lead to the development of the new Basic Law and how the new parliamentary democracy was put into place with separation of powers into different branches of government. Secondly the essay will examine what were the specific changes from pre-1945 Germany and if which areas these changes were most visible. Here it will be important to look at the fundamentally differences from the Weimar Constitution, but also what the new Basic Law chose to keep from the Weimar Constitution. And why the authors of the Basic law felt that this was the safest way to construct a good state for all Germans where the sins of the past would never be repeated. In 1948 the three Western Allied military governors met in Frankfurt with the chief executive of the various states and “recommended” the calling of a constituent assembly by September 1, 1948, which was to draft a constitution for the three Western zones. None of the state...
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...Nathan Clark Design for Instruction Task The information gathered from my contextual factors and pre-assessment inform me of what type of students I will be teaching. The contextual factors help me to have a better understanding of the type of demographic my students belong to and what type of learning styles they attain. This information will also allow me to know of any outside characteristics that may inhibit learning for an individual student and the students as a whole. For example, some students may have learning disabilities and the student’s as a whole may react negatively to artworks involving polytheism. Giving the pre-assessment allowed me to fully understand what level my students are performing for that particular unit. I have found that I need to focus a lot of time on vocabulary definitions and how to apply the terms to artwork. Prompt Results of Pre-Assessment The students in this introductory level drawing class consists of students that are required to take this class as an elective or students who have an interest in drawing and wish to pursue it. The students in this class have limited experience with the concepts and skills in drawing. The pre-assessment results allow for an analysis of where the students are in terms of general knowledge. The pre-assessment for learning goal one allowed me to have a base quality level of the students’ performance. It enables me to see what each student is capable of in terms of skill and...
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...posted in the Wall Street Journal®. Use the Internet to search for the current prime interest rate. • List the current prime interest rate:_______________ Question 1 (5 points) 1. You have a credit card that is charging you 9.9% + the current prime rate. What is that interest rate on the credit card today? Question 2 (5 points) 2. If this same card were issued 30 years ago, what would your interest rate be? In the event that there were multiple prime interest rates for a year, use the one that is 30 years from the day your class started. Use the Internet to determine what this rate is. Question 3: (20 points) 3. In the month of April, your credit card (which is charging you 9.9% + the current prime interest rate) has a balance of $1000. On April 3rd you charge $100, then...
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...U.S. Government Essay Questions 51) The six principles of government are popular sovereignty, limited government, separation of powers, checks and balances, judicial review and federalism. Popular sovereignty is where all of the power lies in the hands of people of the United States who are sovereign. Government can only govern if it is given permission by those who are governed. Limited Government means that the government may only do things that the people that they have government give them the power to do. The government must follow all constitutional laws and principles for it to be able to have control over the people and to make decisions. The US Government is divided into three branches so that no one branch has all the power. Each branch has its own purpose: to make the laws, execute the laws, and interpret the laws. Checks and balances is, basically, each branch of government has a certain number of checks it can use to ensure the other branches do not become too powerful. For example, the president can veto legislation, the Supreme Court can declare acts of Congress unconstitutional, and the Senate must approve treaties and presidential appointments. Judicial review is a power that allows the Supreme Court to decide whether acts and laws are unconstitutional. Federalism is the idea that the central government does not control all the power in the nation. States also have powers reserved to them. 52) Any Senator or General Assembly member may propose or sponsor...
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