LAB report Example | Topics and Well Written Essays - 500 words

Lab Report Example On the other hand, a dry density obtained through impacting of energy on the soil relies on the first initial content of water which is referred to as the moulding content of water. Getting to know the relationship between the moulding content of water and the achievable density is a topic that has been of concern for many years. The dry condition, and a moulding content water increase could lead into a high dry density compaction. The trend will continuous until when the maximum dry density is achieved at an optimum water content moulding. As the water increases, there would be a continuous dry density reduction. Such a reaction would be referred to as the curve of compaction. In order to gain a deeper insight concerning compaction, this experiment was set to investigate the compaction test. The sample mould base and mould mass would be determined to the nearest gram. The mould diameter and depth were measured. The mould depth was about 3 places where as the moulding diameter was about 6 places + or- 0.02 mm. The hammer, mass, proper drop, and square edges was checked for damages. A well-graded sand with fine that are less than five percent was used to ease the laboratory instruction. A material with particles that are oversize was selected to show the test aspects. Enough moist material was selected to give out approximately 12 kg of soil that is dry. The natural content of water was obtained. The amount of materials needed for the point of compaction was estimated. Five samples having contents of water separated by 1.5 percent were prepared. The water contents were adjusted such that they bracket the value that was optimum. The soil was tempered overnight to reduce the scatter in the data thus making it easy to define the curve of compaction. The compaction test was d one in respect to the standards of the ASTM test

Which two sites give you the best tips on how to negotiate Essay

Which two sites give you the best tips on how to negotiate - Essay Example It is obligatory that there are at least two participants whose interests are partially common and partially different. Negotiation are the fact of our everyday life, the main means of getting what you want. Though we negotiate every day, it is not easy. Usually people are confronted with the dilemma – to be complaisant or to be strict. The other way of negotiating is a middle approach between complaisant and strict, it includes the attempt to reach agreement between goal striving and being on good terms with people. The world negotiating experience knows much about how to come to the successful agreement and that is why many tips that are usually performed in books and internet are avaliable. Speaking about the tips on how to negotiate we can divide them into some groups: psychological tips, ethical and aesthetic tips, these groups are general for any field of negotiations, and the third group includes professional tips which are different for every field. We investigated four suggestions of tips on how to negotiate made by different authors. Most of the tips given are of psychological character. The analysis of these suggestions will help us to define the best tips which can be used for having successful negotiations. The first suggestion of tips gives such pieces of advice (Braham B.): know thyself; learn the partner you are negotiating with before you start; think on what you want, what your partner wants and on your supposition about what he thinks you want; try to build trust; listen attentively, begin with stating your positions; be confident; know what options you have; know what a win is and the last point is to enjoy the negotiations process.(Braham B.) The number of tips suggested is very good and can be helpfull during the process of negotiations. To my mind stating the positions at the beginning is a very important thing which helps to built trust, in case if person sounds confidently.

Ethical Issues with Hacking Essay Example for Free

Ethical Issues with Hacking Essay There is a new crime on the verge of being on Americas top ten crimes list, computer hacking. Computer hacking is the practice of unlawfully gaining access to and sometimes tampering with information in a computer system. Since the cyber age, the use of computers has slowing integrated into most of societys everyday life and since then new crimes have emerged as a result of this age. The access of information readily available at the click of a button, can be very enticing to unlawfully acquire, but the companies who hold this important information has a duty to keep all files and information safeguarded. As a result of the cyber age, no longer are there just mundane crimes in America such as murder or assault. There has been a new crime wave, crimes of technologies. Cyber crimes are now listed in the top leading crimes of today. Out of the top ten crimes in America during 2012, computer related crimes were at number seven and number ten. Seven being computer theft, and ten being identity theft, with computer hacking rising on that list daily. With careful planning and updated online security, cyber crimes such as, hacking can be decreased. According to the New York Times, they said that, new security protocols and stronger firewalls, which monitor computer networks for suspicious traffic, could help to deter a person from hacking. Security experts say companies must also adapt their security systems to protect against attacks through smartphones and tablet computers. Although such mobile devices increase convenience for workers, they essentially a create a new door into the network, which then needs its own security watchdogs. A company is committed to keeping all the information as private as possible. When a person decides to hack into a companys database, email or website, they are not only putting their self at risk, but everyone involved will be negatively effected. The company who got hacked will most likely be publicized and their confidentiality of their patients information has now been corrupted. Lawsuits can follow for the company or the individual hacker if they get caught and it could also be very damaging for the individual who might have gotten their information hacked in the process. Policy Position Companies and their employees have a duty to uphold a certain standards when dealing with the consumers personal and private information. Dell has outlined some preventive steps that can be taken on a company and a personal level to prevent hackers from infiltrating a computer networking system. Among these steps are the following: Education- Hackers aren’t the only ones who can gain power from information. By educating yourself and employees about the types of scams that exist on the Internet and how to avert them, you are putting yourself one step ahead of the cyber criminals. Use a firewall- Firewalls monitor traffic between your computer or network and the Internet and serve as a great first line of defense when it comes to keeping intruders out. Use comprehensive security software and keep your system updated- Because hackers have a wide variety of ways to access your system and information, you need comprehensive security software that can protect you from all angles. Secure your wireless network- Hackers can access data while it’s in transit on an unsecured wireless network. You can keep the hackers out by enabling the firewall on your router and changing the router’s administrator password. î€Å' Use strong passwords- Although it may be easier for you to remember short passwords that reference your birthday, or pet’s name, these kinds of passwords also make it easy for hackers. Strong passwords can go a long way in helping secure your information. According to the FBI, â€Å"the threat that criminal hackers pose to corporate and government information systems has spiked in the past five years.† Stakeholders including the company, employees and customers have the right to know about privacy-laws and should know that any information that is gained unlawfully and shared with the public comes with major consequences. Stakeholders must know what is at stake when information is compromised. Upon being hired an employee must know their companys policy regarding information that can be disclosed. An employee has the duty to take actions based on ethical standards that must be known and recognized by all who are involved. â€Å"In Maryland, accessing and telling the world about another persons personal information is an invasion of privacy that may make the hacker liable for money damages to the victim.† (Lawyers.com, 2013) You, an employee, a hacker and the company has the duty to respect privacy of information and action. â€Å"A person who violates subsection (c)(1) of this section is guilty of a misdemeanor and on conviction is subject to imprisonment not exceeding 3 years or a fine not exceeding $1,000 or both.† (2010 Maryland Code CRIMINAL LAW. TITLE 7, section 7-302) Other customers of that company may feel their privacy information and action should be respected by others. The other customers feel like the customer has a duty to them to uphold their privacy and not share it with third parties or other people they did not give permission. Bottom line is that companies have the same problems with theft of intellectual property and personal information just as much as everyone else, but we expect more from them to keep their customers information secure. Privacy-laws are put in place for people can abide by those laws. Stakeholders must act in an ethical and moral manner when it concerns intellectual property, because if not, everyone can be negatively effected is this policy is not followed. REFERENCES Right of Publicity: Overview. (2013). Retrieved Feb 1, 2013, from http://www.law.cornell.edu/wex/publicity Email Hacking is a Serious Crime. POSTED IN Privacy Law BY Lawyers.com (2013). Retrieved Feb 2, 2013, from http://communications-media.lawyers.com/privacy-law/Email-Hacking-Is-A-Serious-Crime.html Computer Intrusions. (2013). Retrieved Feb 9, 2013, from http://www.fbi.gov/aboutus/investigate/cyber/computer-intrusions 2010 Maryland Code CRIMINAL LAW. TITLE THEFT AND RELATED CRIMES Subtitle 3 Crimes Involving Telecommunications and Electronics Section 7-302 Unauthorized access to computers and related material. (2010). Retrieved Jan 31, 2013, from http://law.justia.com/codes/maryland/2010/criminal-law/title-7/subtitle-3/7-302/ Object1 https://docs.google.com/viewer? a=vq=cache:IDTKbmw6TzwJ:www.dell.com/downloads/ca/support/top_10_steps_to_protect_agains t_cybercrime_dell_en.pdf+steps+to+deter+hacking %2Bdellhl=engl=uspid=blsrcid=ADGEESj9mmGDd6D6c0Lbe5C-q06ZyXHh2rVmleQtWvkHTrRrt5ws07evPDNcipr3HEDdwBwcvOqq3zQVevNqmb1ae6A17RjPOoi7eGQd K_RmrRb4d_xO57dfK5Y-8FYICKa1UG8PV9isig=AHIEtbRvNOTu6CU5StjeP3LyY_Q_a0WyBQ Drew, C., Kopytoff, V. (2011). Deploying New Tools to Stop the Hackers. Retrieved Feb 8, 2013, from http://www.nytimes.com/2011/06/18/technology/18security.html?pagewanted=all_r=0

Achievements Of Mikhail Baryshnikov As A Dancer

Achievements Of Mikhail Baryshnikov As A Dancer This paper is focused on dance as a form of performing arts. The paper looks at the history of dance and it looks at the life, contributions to the dance world and accomplishments that Mikhail Baryshnikov has had thought his carrer. This paper is a research paper aims at looking at the history of Mikhail Baryshnikov and how he has influenced dance. It has also highlighted his varius achievements that have been the highlight of his dancing carrer. (Sally Banes 2003 150) Mikhail Baryshnikov was born in 1948 in soviet russia. He is highly considered as one f the greatest ballet dancers. He is also a well accomplished actor. He has been creditd to being one of the few dancers who promoted modern dance and lead to its success. His roots were in Kirov Ballet which is found in Leningrad. Later in his carrer he moved to Canada. This was to incease his chances to perform modern dance. He was the artistic director for the American Ballet Theater towards the end of his carrer. He started showing his prowess in dance at a very young age and was enrolled in Vaganova School in Leningrad. He was totured by Alexander Pushkin who was his mentor and was able to succesed and he eventully won the top prize in the junior division in the Varna Competition. Ate the age of 18 in 1967 he show cased his talent in the Kirov Ballet. Due to his exceptional technique, stage performance and skill he fast become a pronciple dancer in the Vaganova school. Due to the rules of dance in soviet russia at the time he defected to canada in the hope to pursue modern forms of dance. After his defection he became the principle dancer with the American Balet Theatre. Under the direction of George Balanchine, there were a number of roles areated for him at the New York City Ballet. This dance roles as practised today by ballet dancers. Achievements. In his career Mikhail Baryshnikov gained a number of awards and achievements. He has used live performances and film to revive modern dance.His main achievement was mainly the revival of modern dance through performances. His achievements are listed below. He was nominated for the David di Donatello Awards and won the Special David Award in the year 1987 in the category for: The Turning Point(1977) for his outstanding performance in the movie and his contributions to the art of dancing. In 1989 he was nominated and won the Emmy Award for his outstanding individual performance in classical music/Dance programming in Great performances: Dance in America (1976). (PBS) for the episode Baryshnikov Dances Balanchine . (Bruce Glassman 1990 23) In 1988 he was also nominated for the Emmy Awards for outstanding Individual Achievement Classical. This was for:Great Performances: Dance in America(1976).(PBS) and for episode David Gordons made in U.S.A.he also was nominated for Outstanding Individual Performance in a Variety or Music Program for his performance in Great Performances(1972). (PBS) for episode Celebrating Gershwin. He was also nominated for the Emmy Awards in 1985 for an Outstanding Classical Program in the Performing Arts for his perfomance in Great Performances: Dance in America(1976) which he shared with Rhoda Grauer(executive producer)and Don Mischer(producer)(PBS). He as also nominated for episode Baryshnikov by Tharp with American Ballet Theatre. (Lynn Garafola 1997, pp.89) In 1982 he was nominated for the Emmy Awards for an Outstanding Variety, Music or Comedy Program for:Baryshnikov in Hollywood(1982) (TV) and shared it with Herman Krawitz(executive producer)and Don Mischer(producer)(CBS). In 1980 he was nominated for an Emmy Award for Outstanding Variety or Music Program and won. This was for his perfromance in:Baryshnikov on Broadway(1980) (TV) and shared with Herman Krawitz(executive producer), Gary Smith(producer) and Dwight Hemion (producer ABC). In 1979 he won an Emmy Award for Outstanding Individual Achievement Special Events for:Baryshnikov at the White House(1979) (TV).(PBS). In 1978 he was nominated for the Emmy Award for Special Classification of Outstanding Individual Achievement for:The Nutcracker(1977) (TV). (CBS). In 1978 he was nominated for the Golden Globes Awards, USA for the Best Motion Picture Actor in a Supporting Role for his role in:(The Turning Point1977). In 1987 he won Man of The Year Award from the Hasty Pudding Theatrical s, USA (Bruce Glassman 1990 23) Contributions to dance. He is credited for reviving and bringing new life in ballet in the United States of America. He has also taken a tour around the world with the ABT and he applied for his United states citizenship in 1986. after he gained his citizenship he worked with modern dance choreographer Mark Morris. This was in a bid to sperar head his compagn of reviving modern dance. Mikhail Baryshnikov co-founded the White Oak Dance Project IN 1986. This was a company that practced both modern and post-modern dance. (Lynn Garafola 1997 89) He toured with if the world over for 10years. He contributed to dance by encouraging and reviving modern forms of dance. Using the company he also revived the state of ballet dancing in the united states. He also created routines that are still in effect till today. People all over the world still practice and ardore balllet rotines he created. He also took solo tours around the world. He also toured with the Hells Kitchen Dance company. His greatest contribution to dance is the Baryshnikov Arts Centre in New York City. He cofounded the centre. It is dedicated to encouraging the creative arts and provides enough fascillities to hone and create artists. It has created a center for bringing to light rising artists, musicians, and dancers. He has also encouraged the growth of a new breed of dancers in the course of his carrer. He has also taught and created awareness about dance all over the world. This was due to the number of world tours he took. He contributed to dance majorly also by choreographing for many dance groups and naturing their talents. He has also been a mentor and tutor to many dancers who have grown up idolizing him. Many up coming dancers look up to him as their guide and mentor. He has inspired many modern dancers to reach out for their dreams. He has also personaly taught dadnce to many dancers around the world. Also in his old age he is still inspiring dancers to be better since he is still dancing at the age of 61. He is still very fit and dances. He is also an icon and is also very populor with soviet audiences since s oon after he started a series of highly successful appearances he became very famous. As a dancer, his great physical prowess and unsurpassed leaping ability enabled him to perform the most difficult combinations of steps with remarkable elegance of line. This has inspired most of the dancers who can from underpriveldged backgrounds to reach for their dreams. Conclusion This paper has been able to highlight the life, contributions and achievements of Mikhail Baryshnikov as a dancer. The paper has been able to highlight his major achievements and contributions. in his career Mikhail Baryshnikov gained a number of awards and achievements. He has used live performances and film to revive modern dance. He has provided a channel for up coming dansers to be able to nature their talents. He has also become a mentor,tutor and icon to many dancers who have grown up idolizing him this is due to his exceptional technique, stage performance and skill . Many up coming dancers look up to him as their guide and mentor. He has inspired many modern dancers to reach out for their dreams. He has also personaly taught dadnce to many dancers around the world.

Miscellaneous Critics on Waiting for Godot :: Waiting Godot Essays

Nothingness â€Å"Accordingly, any interpretation that purports to know who Godot is (or is not), whether he exists whether he will ever come, whether he has ever come, or even whether he may have come without being recognized (or possibly in disguise) is, if not demonstrably wrong, at least not demonstrably right† (Hutchings 27). â€Å"Although works of the theater of the absurd, particularly Beckett’s, are often comical, their underlying premises are wholly serious: the epistemological principle of uncertainty and the inability in the modern age to find a coherent system of meaning, order, or purpose by which to understand our existence and by which to live† (Hutchings 28). Godot’s characters do not despair in the face of their situation, and this â€Å"perseverance remains constant throughout a body of work that, in the words of the citation awarding Beckett the Nobel Prize for Literature in 1969 had ‘transmuted the destitution of modern man into his exaltation’ (qtd. in Bair 606)† (Hutchings 30). â€Å"Many relate the play to existentialism†¦:God is dead, life is absurd, existence precedes essence, ennui is endemic to the human condition†¦In many ways, such a reading is an evasion of the play’s complexity, a way of putting to rest the uncertainty of one’s response to it† (Collins 33). The reader, like modern man, must not give into â€Å"the arrogant presumption of certitude or the debilitating despair of skepticism,† but instead must â€Å"live in uncertainty, poised, by the conditions of our humanity and of the world in which we live, between certitude and skepticism, between presumption and despair â€Å"(Collins 36). Tragicomedy is life enhancing because it tries to â€Å"remind the audience of the real need to face existence ‘knowing the worst,’ which ultimately is liberation, with courage and humility of not taking oneself or one’s own pain too seriously, and to bear all life’s mysteries and uncertainties; and thus to make the most of what we have rather than to hanker after illusory certainties and rewards† (Esslin, Theater 47). â€Å"Act II. The next day. But is it really the next day? Or after? Or before?† (Esslin, Presence 109). Many details point out the absence of (meaninglessness of) traditional time, which is just one of many ways that the play resists interpretation and meaning: â€Å"People misunderstand it on all sides, just as everyone does his own sorrow. Explanations flow in from all quarters, each more pointless than the last† (Esslin, Presence 110). Some of the many attempts to impose meaning on the play include

To What Extent Was Jacksonian Democracy Democratic? Essays -- History

To What Extent Was Jacksonian Democracy Democratic?   Ã‚  Ã‚  Ã‚  Ã‚  During the administration of Andrew Jackson, the United States was a nation of change both politically and socially. American society was a society of opportunity. Americans felt that, given a chance, they could make a better life for themselves. This was the era of the common people, the era of democracy. Andrew Jackson appealed to the American people because he stood for values many regarded with favor. However democratic Jackson may seem, he was more tyrant-like than any of his predecessors. His major offerings to the nation included majority rule and a popular presidency, however offered no benefits to women, African Americans, nor Native Americans. Jacksonian Democracy was in no way democratic.   Ã‚  Ã‚  Ã‚  Ã‚  Before Jackson's time, voters expected public officials to use their own best judgment in electing. Under Jacksonian Democracy, the people came to believe that officials should act according to the demands of the people. To make government respond more directly to the popular will, state and local governments began to fill some positions such as judges, constables, and public surveyors by election rather than appointment. The terms of office were also shortened so that popular opinion had a more direct effect on the actions of elected officials. Thus, the government under Jackson became the people's government, although he retained a tight grasp, using his veto often.   Ã‚  Ã‚  Ã‚  Ã‚  As new voters made demands on government, they learned the power of political organization. National issues became as much topics of conversation as local issues had always been. As national parties built stronger state and local ties, they began to rely upon a growing number of "professional politicians." These changes helped to initiate the spoils system. This practice of appointing people to government positions based on party loyalty and party service was not an entirely new development, but Jackson was the first to oust large numbers of government employees in order to appoint his followers to office. He argued that there should be a rotation in office. Some believed that the spoils system set a poor precedent. Jackson amplified presidential power by using the veto more than all previous presidents.   Ã‚  Ã‚  Ã‚  Ã‚  On the "Women's Rights" issue, Jacksonian Democracy did nothing to further the female cause. Only in sparse st... ...ur government was built, the Constitution. He completely disregarded Marshall’s decree and sent the army in to force the Indians from their native homes in Georgia. This disgusting display of the broad sword of government is a disgrace to our nation’s legacy.   Ã‚  Ã‚  Ã‚  Ã‚  Tocqueville, a foreigner, came to the United States to study American prison reform, but was so disgusted with the way our society was and how our government functioned under Jackson that he changed the focus of his study to an analysis of democracy. He saw democracy by our example as â€Å"far from accomplishing all it projects with skill† and that â€Å"Democracy does not give people the most skillful government.† Jackson’s example of democracy was horrible.   Ã‚  Ã‚  Ã‚  Ã‚  Jacksonian Democracy seems to be a zeugma, two contrasting things put together to make a comparison. Andrew Jackson never had any intention of broadening our democracy, only to make his ends meet. Through the way he treated Native Americans, African Americans, women, and many other minority groups, Jackson showed his ignorance in fulfilling one of the most pressing tasks of the president, to represent the people. To no extent was Jacksonian Democracy democratic.

French company Essay

In October, a French company (seller) and a Shanghai company (buyer) have set up a contract of selling 200 sets of electronic computers (1000 USD each), and the payment shall be made according to the irrecoverable letter of credit. And the delivery should be made on December at Port de Marseille. On November 15, Bank of China Shanghai Branch (issuing bank) made a $ 200,000 irrevocable letter of credit according to the instruction of the buyer and commissioned a French bank in Marseille to notify and negotiate this letter of credit. On December 20, the seller loaded the 200 computers on board and got the bill of lading, insurance policies, invoices and other documents as required by the letter of credit. And then it went to the Marseille bank for negotiation. Upon review, the documents are consistent; therefore the bank had paid $ 200,000 immediately to the seller. At the same time, 10 days the cargo ship left the harbor of Marseilles, the cargo, along with all the goods, sank into the sea in a heavy storm. By that time the issuing bank had received the whole set of the documents and the buyer had already known the total loss of the goods. Bank of China Shanghai Branch intends to reimburse the negotiating bank to pay the purchase price of $ 200,000 on the grounds that its customers can not expect the goods. In accordance with international trade practices, the following questions are asked: When would the risk of the consignment be transferred from the seller to the buyer ? Whether Issuing bank would exempted from the payment obligations due to the total loss of the goods, If so, on what basis? How to compensate the loss of the buyer? Case Study 1. The Risk shall be transferred from the seller to the buyer since the goods were loaded on board at the port of shipment. 2. The issuing bank has no right to refuse payment. According to the International Chamber of Commerce Uniform Customs and Practice for Documentary Credits, the letter of credit transactions are independent from the sales contract. And the Bank is only responsible for document examination. As long as the documents are in line with the terms of the credit, the banks are required to assume its payment obligations. 3. The buyer could claim compensation from the Seller’s insurance company with other relevant insurance documents and proof of the sinkage of the cargo ship. I. Time context: * In October, a French company (seller) and a Shanghai company (buyer) have set up a contract of selling 200 sets of electronic computers (1000 USD each. And the delivery should be made on December at Port de Marseille. * This transaction is only made for 2 months consisting of its selling contracts and delivery. * On November 15, Bank of China Shanghai Branch (issuing bank) made a $ 200,000 irrevocable letter of credit according to the instruction of the buyer and commissioned a French bank in Marseille to notify and negotiate this letter of credit. * November 15 is the start of Bank of China Shanghai Branch issuing the Letter of Credit to the French bank. * On December 20, the seller loaded the 200 computers on board and got the bill of lading, insurance policies, invoices and other documents as required by the letter of credit. And then it went to the Marseille bank for negotiation. * December 20, start of complying all the requirements and documents needed in Letter of Credit. * At the same time, 10 days the cargo ship left the harbor of Marseilles, the cargo, along with all the goods, sank into the sea in a heavy storm. * This is the last event happened and the cargo didn’t delivered as what the buyer expects. II. Viewpoint: We should consider this problem from the viewpoint of the French company, they are liable for negligence because from the very start they didn’t ensured the possible factors may arise when delivering. They must always contemplate selecting a good transportation carrier, the weather conditions, customs clearance, reliability and etc. The French company must fix all this difficulties so that they can still maintain a good and harmonious relationship once the Shanghai Company made a second transaction with them, and must comply with the party’s agreement. III. Related Facts: * Irrevocable Letter Of Credit – ILOC Correspondence issued by a bank guaranteeing payment for goods and services purchased by the one requesting the letter. An irrevocable letter of credit, or ILOC, cannot be canceled or modified in any way without explicit consent by the affected parties involved. For example, the issuing bank has no power to change the terms of an ILOC simply because the letter requester is having second thoughts. It should be noted, however, that ILOCs are in effect only for a specified time period and do, in fact, expire at a pre-determined point. * Bill of Lading A legal document between the shipper of a particular good and the carrier detailing the type, quantity and destination of the good being carried. The bill of lading also serves as a receipt of shipment when the good is delivered to the predetermined destination. This document must accompany the shipped goods, no matter the form of transportation, and must be signed by an authorized representative from the carrier, shipper and receiver. * Insurance Policies A contract (policy) in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients’ risks to make payments more affordable for the insured. * Invoice It is a detailed bill left by vendors and outside suppliers for goods or services rendered to a company. Typically, it lists the quantity of each item, prices, billable hours, a service description, and a contact address for payment. While some expenses may be paid out of a general fund or petty cash account, an invoice is usually paid through an payable department by the posted due date. * Letter of credit A letter from a bank guaranteeing that a buyer’s payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make payment on the purchase, the bank will be required to cover the full or remaining amount of the purchase. * Issuing Bank A bank that writes a letter of credit, especially on behalf of an exporter. The issuing bank operates in the country of the importer, and facilitates trade between the importer and exporter by providing credit for the transaction. It is also called an opening bank. * Seller The seller or salesperson – the provider of the goods or services – completes a sale in response to an acquisition or to an appropriation or to a request. * Buyer A â€Å"buyer† or merchandiser is a person who purchases finished goods, typically for resale, for a firm, government, or organization. (A person who purchases material used to make goods is sometimes called a purchasing agent.) IV. Statement of the Problem: * When would the risk of the consignment be transferred from the seller to the buyer ? * Whether Issuing bank would exempted from the payment obligations due to the total loss of the goods, If so, on what basis? * How to compensate the loss of the buyer? V. General Objectives: 1. For the French company to cope with the problems arise during the delivery of the goods. 2. To identify French company’s acquired big loss and how they can replace the goods. VI. Specific objectives: 1. Both parties should know the consequences of their agreement once it is not delivered properly. 2. To identify and analyze well the mistake of French company. 3. The Shanghai bank must be capable of reimbursing the negotiating bank. VII. Alternative Causes of Action: Action no. 1: The buyer should’ve complied with the insurance company of the seller immediately after the event happened Give 3 advantages for action 1: 1. Risk Cover 2. Protection against rising goods expenses 3. Future helps Give 3 disadvantages: 1. Pay commission for the agent 2. You can only use insurance if you gain loss. 3. It costs money Action no. 2: The seller shall have alternative service delivery. Give 3 advantages for action 1: 1. To have a substitute method once the delivery didn’t work as it is. 2. To avoid wasting of time and reach the due time. 3. Greater security Give 3 disadvantages: 1. It will cost much for one party. 2. It will enable company to have more data to encode. 3. Lower profit. Action no. 3: Made used of LC instead of Irrevocable LC Give 3 advantages for action 1: 1. Can be canceled or modified in any way without explicit consent by the affected parties involved. 2. Guaranteed payment upon presentation of the documents specified in the terms of the letter of credit. 3. The buyer cannot refuse to pay due to a complaint about the goods. Give 3 disadvantages: 1. Subject to the financial strength and stability of the Issuing bank 2. More expensive than other methods of payment 3. Requires a high level of expertise to successfully navigate the process Findings: It is apparent from the case that the seller is the most problematic party of all because they hold the big loss on goods, at the same time they made the wrong choice of method for delivering goods which subjected to higher cost. Recommendation: The French company must improve their facilities so that when the calamity strikes again there is a high probability that they will carry through. And don’t forget to approach the shanghai company that the cargos will be arrived to them late. Continue to explore better ways of integrating technology into instruction on a daily basis, including providing training and support for the company. Conclusions: This paper has given an account of and the reasons for the agreement between French company and Shanghai Company to be deliberate. The seller must be liable for any damages happened within the incident while the buyer is secured by insurance company for what they lost, especially their money. No one was to blame for that scenario, each party just did what is supposed to do and it is only due by nature that’s why it is wrecked. Action plans: They must design and implement assessment and differentiated instructional strategies that enable the company to achieve competency and right decision-making. They must also focus on the second action: Made used of LC instead of Irrevocable LC because it is the most important, it carries the whole transaction and will make the agreement more clarified. S.M.A.R.T. (The company must possess this 5 skills) S = Specific: an objective should be precise and should focus on a single result. A specific objective answers the questions, â€Å"who, what, where, and how?† M = Measurable: an objective should include specific criteria or measures that indicate whether the objective has been met. A good measure answers the question, â€Å"How will we know if we have accomplished the objective?† A = Achievable: an objective should be attainable and within the center’s or program’s reach. R = Realistic: an objective should be realizable given the time, resources, and activities proposed and available. T = Time-bound: an objective should include the date it will be started and the date the center expects to complete it.