Capital Budgeting – definition of the term The process of capital budgeting is used by business organizations for determining the investment projects that can be taken over and the ones that will be rejected. It is associated with the purchase of any new assets or undertaking any new business projects. For instance, the purchase of a piece of land or construction of a new production unit in a particular site requires performing capital budgeting so that it can be ascertained if such projects can be approved or not. This process helps in reflecting a quantitative analysis for all the identified projects in a portfolio and gives a rational base to different companies in making judgments for the acceptance of various projects. In this process, any company can identify cash inflows along with cash outflows of the potential projects. For this, the process is also known as investment appraisal. Moreover, with this project, each of the projects in a portfolio is ranked according to the probable returns from them, which helps the management in choosing the plan that can be taken…

The Patriot Act Abstract Before the 9/11 attacks, the United States Congress had been focusing on developing legislation that was aimed at preventing global terrorism. However, following the Oklahoma City bombing that occurred in April 1995, and in which American citizens were responsible for bombing and federal building, attention was shifted to domestic terrorism. As a result, the 1996 Antiterrorism and Effective Death Penalty Act was signed into law by President Bill Clinton as a way of making it easy for the law enforcers to not only identify but also prosecute international and domestic terrorists. Nevertheless, President Clinton’s bill did not see the light of the day given that he had request the Congress to give additional powers to law enforcement so as to have extensive wiretap authority alongside increased access to individual records with regards to terrorist cases and other security matters. The Congress rejected the bill and cited a number of issues including the feeling that the records and loosening surveillance rules was unconstitutional (Welch, 2015). Nonetheless, every bet came off following the 9/11 attacks, which is considered…

The French Revolution The French Revolution was a notable event that plays an important part in France’s history. Women, ordinary men, clergy, and nobles took drastic steps to secure freedom for a country that was financially ruined. During the French Revolution, classes of people were fighting for liberty. Surprisingly enough, woman’s participation played a vital role in the French Revolution; they participated in political, social, and military roles. For instance,   French women played a role in the French Revolution to universal rights, to get their universal rights which were never fulfilled. The Revolution had much impact on France; it resulted in instituting divorce into their legislation in 1792 giving women the right to a divorce. The law was revoked under the Restoration when France returned to orthodoxy in 1816.The revolutionaries believed that liberty was an inalienable right, especially because the American colonist defeated the British in the War of Independence. On October 5, 1789, six thousand Parisian women marched on toward Versailles forcing the King to make decisions on problems with the bread supply, high prices, and starvation.The French native’s…