Annuities Essay Example | Topics and Well Written Essays - 250 words

Annuities - Essay Example any for a long time and come up with the plan of reducing the cost of the pension plan in 2012 and 2013 in order to improve GM’s income generating strategies. Currently, the person acting as the treasurer is Niharika who is 45 years and will be replaced on 1st June (Bennett 1). The roles played by treasurer in the organization are capital planning, carrying out global treasury operation, world-wide banking and capital market activities. On taking the position, she will start carrying out those tasks in consideration of GM’s progress. For advancement and ensuring that GM progress in the new investment, she will be involved in business development, investor’s relations and risk management. GM has invested heavily invested in new program and she will need to make sure that the investment prospers in order for the company to gain back the $5 billion used for investment. The article shows ways in which an organization should prosper after venturing into new investments. In respect to the article, an organization should review and make changes of different departments and management (Bennett,

Major Theories of Legal Reasoning Essay Example | Topics and Well Written Essays - 2500 words

Major Theories of Legal Reasoning - Essay Example The difference between the approaches is exactly which standards are balanced. Though fundamentally different, the two approaches do have some similarities. â€Å"The fundamental value in judicial ethics is impartiality.† This positivist reasoning holds the view that judges must decide cases purely on their merits, with an open approach and thus not be influenced by bias or prejudice. The standards here are only to be found in the material posited law; entirely segregated from moral considerations or personal ethical opinions. Ultimately, the judge has the slight, or no discretion when ruling in cases; he is to simply refer to case law and legislation and may not refer to his own opinions of what he conceives justice to be. Thus, theoretically, no person can be guilty of an offense that did not exist at the time of his act; a judge cannot change the law depending on the current case, as his personal opinion denotes. Indeed, it is argued in this area that the central aim of jurisprudence is to draw a line between ideology and law, the latter being the only ground for decision making. Suffice it to say that the judge must simply app ly the case law and/or legislation without referring to non-legal considerations. Positivists consider these non-legal considerations to open the law up to arbitrary decisions, entirely at the mercy of the judge’s moral outlook. This distinction between legal and non-legal considerations is exactly what the positivist approach stipulates. In comparison to legal considerations based on legislation and case law, non-legal considerations are those based on political, moral and ideological factors. It is this particular feature of positivism; that in which it breaks away from any moral considerations and values.