Contract employment Contract employment is a situation where you are offered a job for a particular time duration without any extension. At-will employment is a type of job where an employee works without an employment contract. At-will employment has its advantages and disadvantages to both the employee and the employer. Here are its advantages and disadvantages for the employees. One of the benefits is flexibility. In this type of employment, the employees don’t need to give advance notice to his employer if he wants to walk off on his job. He can quit his job without breaching an employment contract. Uncertainty is one of the main disadvantages of being an at-will employee. The employer can terminate an at-will employee at any time without any notice. The employee is not given even a chance to explain himself. One of the advantages of an employer who is at wills employment is that also, if he fires an employee without any reason, he is not needed to offer any reason why he did that termination. The disadvantage of the employer who is at…
economy of the US, and the level of job satisfaction for workers The article focuses on the economy of the US, and the level of job satisfaction for workers. From the survey conducted on 5,000 households by the Conference Board Survey, it was established that only about 45% of workers in America were satisfied in their jobs. According to the article, a 45% level of job satisfaction in America is the lowest level that has been recorded in the last 22 years. In 2008, only 49% of those who were surveyed reported to be satisfied in their jobs. The article shows that the huge decline in job satisfaction among American workers can partly be blamed for the worst recession that was experienced since the 1930s, which made it hard for most people to find suitable jobs. It has been indicated that the dissatisfaction has grown steadily for the last two decades because only a few workers consider their jobs as interesting, workers income has not been able to keep up with America’s inflation, and the increased cost of health insurance…
Public and private law Public and private law has for many years remained to be an important branch of law that highlights the relationship between different parties and agencies. Public law refers to the relationship between the government and individuals, and it is an area of law that remains to be significant because of the unequal relationship between the public and the government. Private law, on the other hand, is an essential branch of law that governs the relationship among persons in a legal system, including corporations. A clear review, therefore, shows that this is a type of law that governs the relationship between government and individuals (Rosenfeld, 2013). While common examples of private law can be found in organizations and employment, for public law, it involves circumstances involving public bodies. Private law is seemingly divided into subdivisions and such as contract law, the law of torts, property law and family, which will be highlighted in this paper. Public law, on the other hand, is divide into administrative law, constitutional laws, international law and constitutional law. Aspects of public…
How to Make Money with DeFi OTC There has been a recent surge in products as well as platforms providing DeFi services. Decentralized Finance, commonly referred to as DeFi denotes any kind of financial service that is offered on blockchain usually Ethereum smart contracts. An example of DeFi services and solutions is Over-the-Counter (OTC) cryptocurrency which in the past three years has witnessed enormous growth marked by a substantial increase in volume and clients across the globe. a recent report by Bloomberg established that OTC turnover in 2018 amounted to more than 5.47 trillion USD equivalent. What is OTC Trading? OTC trading is a form of cryptocurrency trading where the actual trade occurs “Over-the-counter” instead of a regular cryptocurrency exchange such as Binance and Bitfinex. OTC trading is usually done by large-scale cryptocurrency traders and are often placed by hedge funds, private wealth managers or individuals with a high crypto net worth. In the crypto space, OTC trading occurs in different ways such as: OTC brokers- There are OTC trade brokers who specialize in handling large transactions. Usually, they are…
Peru Trade Promotion Agreement In mid-May 2019, I read an article that was published online by Cambridge University Press. The item had been issued from the ‘American Journal of International Law.’ The article was initially published on 2nd Apr 2019 Volume 113, pages 400-404. Like most of you, I only accessed the information through my most reliable and credible source, ‘The Cambridge Core.’ Concerning the context of the content, I recalled how our government in January 2019 made claims and raised concerns about Peru’s commitment to the bilateral trade agreement. As an insight into the issues that we have witnessed over the years, it’s important to recap some of the landmarks and events that surround the subject matter (Cambridge press, 2019). The agreement that the government is referring to is the Peru Trade Promotion Agreement. As a patriotic citizen of our United States, I have been following up on the progress of the agreement since 2006. We signed a deal through representatives, and equal and equally capable personalities had also presented Peru. As one of the parts of the treaty…
Land Law Introduction Land law deals with the right to alienate, use, or exclude other laws from the land. In most jurisdictions, the land is referred to as real property or real estate and distinct from personal property. The agreement of land law and use, such as renting, is an essential intersection of contract law. The encumbrance on the rights of the land, for example, easement, constitutes another land rights. Water and mineral law are often interrelated, and the concepts are closely linked. Land law is a form of fundamental law that develops even when not enforced by the state. The focus of land law is on the supply and use of land. The law facilitates how owners of land use or moderate how other owners use it hence developing the ‘interests’ in the land. There is a political, social, economic, and legal perspective that influences land laws. The historical aspect of land in outlined and the factors are used to shape the content of the united states land law addressing the constitutional regime. The operationalization of policy frameworks and…
Analysis of house prices in Chicago Introduction The real estate industry is a volatile market whereby housing prices can change anytime. Tupenaite et al. (2017) report that housing prices throughout the world have not been consistent since when countries like Germany and Japan have not registered housing booms, countries like France, Spain, and the UK have experienced an increase in housing prices over the same period. Glaesar & Gyourko (2018) assert that positive economic growth leads to a property boom in the USA. Some of the factors that influence the real estate sector in the country are the Consumer Price Index (CPI), per capita income, and mortgage rate. House prices being the dependent variable, we seek to understand how independent variables; prime rate, inflation rate, per capita income, mortgage rate, number of Starbucks openings, Dow Jones Industrial Average (DJI), and change in mortgage rate have contributed to the rise of house prices in Chicago downtown. This makes up my hypotheses. Literature review Economic growth has influenced housing prices in America. According to Gurran et al. (2015), houses, unlike other commodities,…
rationale behind fracking while addressing the concerns and fears of the majority of farmers The industrial revolution has come with a high demand for energy to drive the initiative. As a result, the developed and developing countries have been on the move to invent and exploit new sources of energy to supply it to the industries. Many attempts to establish coal mines have faced criticisms and oppositions globally owing to the high content of carbon content released to the environment and the global warming effects associated with carbon. The G8 summit held this year discussed to a greater extent the impact of coal mining. Coal, as a cheap source of energy, has contributed to the effects of global warming. The large volumes of carbon dioxide emitted from the coal mines accumulate in the atmosphere and create a layer that absorbs the terrestrial radiations. As a result, the thicket leads to increasing temperatures on the earth’s surface, causing effects like torrential rains, prolonged droughts and melting ice in the Antarctica regions leading to rising sea level. The environmentalist raised concern…
Financial Markets and the European Central Bank Introduction The paper aims at analyzing the financial markets and the European Central Bank due to the recent credit crunch and recession in many economies that lead to the global financial crisis in both developed and developing countries. During a meeting with the council in 2006, most financial participants were not expecting any change in the European Central Bank rate. The announcement that came later suggested that there was to be no change in interest rates, thus making no change in the money interest rate in the market. The financial crises led accusations to the Central Bank and financial markets regulators, indicating that they were failing in their duty of protecting the depositors. The depositor’s made a comparison of the bank operation in the 1930s and recently, which shows that there was interest rates declination in a more significant margin never witnessed historically. The crisis also led to a decline in employment, economic growth while financial institutions run bankrupt, and others get nationalized as a means of rescue. The crisis acts as an…
Eradication Efforts, the State, Displacement, and Poverty: Explaining Coca Cultivation in Colombia during Plan Colombia Summary of the Main Points This article is a quantitative research that utilizes the data to explain the Eradication Efforts, the State, Displacement, and Poverty: Explaining Coca Cultivation in Colombia during Plan Colombia. Production of coca is concentrated in the Andean Region, where Colombia, Peru, and Bolivia are located. However, Colombia is the leading coca producer as it overtook the neighboring countries in the 1990s. Despite the challenges the country faces like aggressive coca eradication campaigns and dismantling of Colombian cartels, the production continues to thrive. The United States has employed a lot of resources to stop the production of coca as it discourages the illicit drug industry as it threatens the national welfare.US has invested over $4 billion since the year 1999 to combat the production of coca. The primary goal of the strategy is to reduce the consumption of cocaine. However, the reduction of cocaine prices in the US has suggested the abundance supply of the drug in the United States. Lack of…