How can we avoid having good Internet security technologies Essay

How might we abstain from having great Internet security innovations undermined by the individuals who use them - Lessons Learned from Pass - Essay Example In this situation, the information transmitted over the web from secret email messages to web shopping data, moves all-through a succession of frameworks and system associations. Along these lines, illicit trick specialists and programmers profit adequate opportunities to cut off or utilize this data deliberately. In addition, it would be essentially impractical to secure every PC framework connected to the web on the earth; therefore there will positively helpless associations in the method of information transmission over the web (ReferenceForBusiness, 2011). Issues in Internet Security with Technical and Managerial Solutions There are loads of issues which should be remembered when associations and people utilize the web. While discussing client individual data security the fundamental issues are tied in with hacking and burglary of the user’s classified data that should be ensured skillfully for the better security the executives. In this situation, to manage this issue se cret phrase based data security is vital at all degrees of business and individual frameworks. Seeing that a secret phrase for an email or an Automated Teller Machine account or for directing business over web, offers a security shield to the guaranteed individuals to make their passage to these data innovation based frameworks. In this situation, a secret phrase is a gathering of digits, numbers, images and letters to login into a data framework. Moreover, commemoration dates, birthday dates, standardized savings numbers and so on are a portion of the normal decisions individuals make while picking a secret word based security. Then again, a large portion of the individuals favor using programmed devices to create security passwords. Be that as it may, the essential concern is the means by which secure these security based passwords are trying to stop unlawful access. Also, security of a framework is much of the time bargained when individuals leave their mystery secret word and pr inted slip on frameworks, and so forth. In this way, the pattern to spare or note down these mystery passwords to a journal or journal, oftentimes uncovers the framework to illicit access and subsequently takes to pointless penetrate. There are an assortment of causes and factors reliable for infringement of security in view of passwords. In this situation, a typical slip-up the greater part of the individuals make while picking a mystery secret key is that they select a basic mix. For example, they create passwords which are easy to retain just as very easy to find, similar to that passwords made on private information and data. Likewise, these mystery passwords are a predominant danger of being uncovered others. Along these lines, there is requirement for creating procedures to pick a very hard concealed security secret word (MightyStudent, 2011). Fix the executives is a round technique that ought to be consistent. Then again, the awful truth about programming shortcomings is that , in the event that we execute a fix today, another helplessness would require handling following day. In this situation, the way toward building and computerizing a fix the executives method envelops use of identification instruments. These instruments are utilized to check frameworks for excluded security patches. Furthermore, this activity ought to be programmed so as to enact the fix the executives

Preventing Fraud, Waste, and abuse Simulation Essay

Forestalling Fraud, Waste, and misuse Simulation - Essay Example The result of a reproduction is hard to decide particularly as far as advantages and the expense since the greater part of the ocassio0ns that require its applications are testing and may include a drawn out use. A scope of persuading powers and execution apparatus can be relied upon to push reproduction forward, along with proficient social orders, legitimate duty safety net providers, clinical consideration payers, and at the appointed time the overall population. The possibilities of reenactment in human services completely depend on the devotion and creativity of the social insurance recreation network to see that improved patient prosperity by methods for this instrument turns into a reality. With the expanded administrative and state government consumption on social insurance every year, the worries of misrepresentation and misuse likewise increment. A great deal of cash has been lost to misrepresentation and misuse charges with CMS evaluating 15 to 25 US dollars for each year in Medicaid extortion and near 1.1 US dollars were recuperated in 2005 in bogus human services claims. It is in view of this that the sum total of what drug stores have been called upon to protect any conceivable maltreatment, extortion, and waste. It is simply the commitment of any organization to ensure itself against extortion, misuse, and waste and attempt to dispense with it totally. A few organizations have set up certain arrangements and methods that are utilized to battle extortion, misuse, and waste. It’s the commitment of each worker of an association to end extortion, misuse, and waste, inability to do so may bring about the accompanying; For singular association in both of the outrages, the repercussions incorporate disciplinary activities that may even call for work end. It is, accordingly, important that everyone in the organization is acquainted with the information on misrepresentation which incorporate how to recognize extortion and misuse, counteraction, and detailing of misuse and extortion.

The Best Entrepreneurship Summer Programs 2019 TKG

The Best Entrepreneurship Summer Programs 2019 We encourage our kids to seek the best opportunities possible each summer. Your breaks from school should be seen as time to learn and expand yourself while continuing to craft your portfolio into a body of work that brands you as an expert in some area. It’s never too early to become an entrepreneur. For those who are ambitious and destined for business, these programs might be a good place to start. Wharton Management Technology Summer Institute Wharton is one of the top business schools in the nation (world). Alumni include the CEOs of Google, UPS, American Airlines, and Sysco, along with some of the world’s top financiers, tech entrepreneurs, and even politicians. In fact, Warren Buffet went there for a time, though he eventually dropped out. Wharton offers a for-credit program for rising juniors and seniors that includes labs, field trips to companies, and instruction in both innovation and management. This course is put on in conjunction with the School of Engineering and Applied Science. Wharton KWHS Global Young Leaders Academy Knowledge@Wharton High School is a two-week intensive program for international high school students. Participants will study business concepts from renowned instructors, as well as concepts in U.S. culture. This program is a great opportunity for international students who wish to attend university in the United States to get acclimated to what student life and academia are like here. Babson Summer StudyBabson is a private business school in Massachusetts with one of the top entrepreneurship tracks in the nation. Babson’s Summer Study offers high schoolers a chance to collaborate in venture teams and learn about design thinking. Students will engage in workshops for building prototypes, and ultimately pitch a team idea to faculty and industry experts.  Georgetown Entrepreneurship Academy This week-long program covers what it’s like to manage one’s own business. Students will study ethics, social responsibility, and r isk management. They will also hear from industry experts and take a field trip to an incubator. The program is designed to train students in the communication and networking skills necessary to take the next step into business.  USC Exploring Entrepreneurship Who wouldn’t want to spend part of their summer in sunny California? Rising sophomores, juniors, and seniors will have the chance to do just that. USC’s program includes guest lectures, field trips to businesses, as well as group assignments. Attendees will end the program by launching a business idea and will study ethics, human resources, branding, marketing, and finance along the way.  Harvard Secondary School Program Harvard offers a slew of 7-week, for-credit courses for high school students. We encourage our students to do something rigorous with their summer and taking a college course at Harvard is just that. Harvard’s offerings include a course called “Start-ups from the Perspective of Business and IP Law.† It sounds tedious, but is an impressive addition to the resume for those who are up for the challenge and want to spend the summer immersed in campus life.  Need some help finding the right summer program for you? Reach out to us here. We’re experts in helping students develop impressive resumes.

Creating An Effective Search Strategy - 1494 Words

The first step to creating an effective search strategy for this particular search strategy would be to go over what kind of subjects we will be covering as we work to complete the search strategy together. Providing him with this information will help him to understand why we are going through these steps and help him to stay on track while we are completing them. As we go through this search strategy we are going to cover formulating an effective research question, virtual reference collections, finding sources, Google search , website evaluation, and plagiarism. Once we have discussed our plan for completing this search strategy the next step would be to formulate their research question. Formulating an effective research†¦show more content†¦The next step would be to show the student how where they access this collection and how to search for materials. I demonstrate how to use these collections by searching for some materials that have organized into the grade 5 age appropriate category. Once in this category I can show him how to search through this material in order to find items that contain information about his chosen subject. The next research tool that will be discussed is the Google search. Since the student is in grade 5 he probably already knows a great deal about using Google since it is a very popular tool for people of all ages. What I will be teaching him is how to find the best results using Google search. I will show him that refining your search using key terms can help you to find the most useful information faster and with ease. After providing this explanation I will encourage the student to try searching for some research materials by using the key words we came with together in his Google search. Unfortunately though using the internet as a research tool does have its dangers. After the student has finished his Google search using the key terms I will take some time to talk to him about the importance of evaluation. So me websites present opinion as fact and using this kind of information can have damaging effects on your research and your finished product. After we have talked about the importance of websiteShow MoreRelatedElements Of Creating A Search Strategy829 Words   |  4 PagesCreating a Search Strategy An important component of evidence-based nursing, is the professional nurse’s ability to create a search strategy that will assist professionals in finding relevant research articles that address an important clinical problem in need of a timely solution. As the Institute of Medicine’s core competencies for health care professionals have called upon nurses to advocate person-centered care, evidence-based practice, quality improvement, and informatics, United Health Group’sRead MoreE-Marketing Strategies at Kudler Foods1386 Words   |  6 Pagesï » ¿Executive Summary There are several benefits of relying on e-marketing strategies at Kudler Foods to better attract, sell and serve customers over time. The intent of this executive summary is to evaluate them from the standpoint of collecting primary and secondary customer data. In addition the challenges of collecting data through the Internet is also assessment, in addition to expected early feedback from blogs or profiles including those on social media. Finally a cost-benefit analysis isRead MoreAnalysis of a Leading Real Estate Company in Virginia, CBPRO1423 Words   |  6 Pagesbusiness by attracting the young homebuyers. The trend is due to more and more young people having higher educational degree, which fits perfectly with CBPRO’s customer profile. The other opportunity for CBPRO is that online marketing is becoming an effective way to touch/attract consumers as the case indicated that more than 20 million people browsed real estate listings each month and according to National As sociation of Relators (NAR) study, 75 percent of people searching for homes on internet wereRead MoreSEO Essay1035 Words   |  5 PagesWhat to look for in affordable SEO service SEO means search engine optimization. It is the process of growing visibility in free and organic search engine results. The earlier and more regular a site appears on search engine results, the more visitors it will receive. Visitors are potential leads that can be converted into customers. SEO doesn’t just focus on website optimization but targets images, videos, academic searches and news. SEO is different from local SEO in that, the latter focuses onRead MoreIs Content Marketing The Right Way?1026 Words   |  5 PagesDocument: 1029 Title: ?Are You Doing Content Marketing The Right Way First off, what is content marketing? Essentially, content marketing is the successor to the dying practice of traditional marketing. Traditional marketing was the go-to marketing strategy of the pre-Information Age world. Traditional marketing included radio ads, magazine ads, and television commercials, all of which can now be fast-forwarded (thanks to DVR), ?skipped? with just a click of a button, or just simply ignored. With traditionalRead MoreResearch Paper On Youtube Content1286 Words   |  6 PagesThe website has taken on the sister role of television by having pre-roll advertisements to reach its high interactive audience. Unlike TV, YouTube allows its users to skip some ads after the first five seconds, which pleases the audience. What strategies are companies using to create short advertisements to influence their audiences? How are audience members reacting to the content? Any company can put their commercial advertisements on YouTube. They can be retail stores, movie producers, nonprofitsRead MoreEnglish Class1625 Words   |  7 Pagesevaluate sources for bias and misinformation. The students were beginning to recognize the role that skepticism plays in research. When it was time to search for answers to their research questions, I left the students to their own devices. Some were swayed by the earlier discussion to use the printed materials in the library, but most used search engines like Google. After half the class, I had the students come back to their tables and share their successes and failures with each other. MostRead MoreConcept And Value Of Integrated Marketing1475 Words   |  6 PagesInternet and device applications and platforms has grown, so have the various avenues of marketing, giving way to a new breed of customers and the way they want to receive their information. Traditional marketing, or push marketing, is still an effective resource. These options can include press releases, brochures, flyers, direct mail pieces, and business cards, among other tangible, hands-on pieces. It’s called push marketing because you, the business who is doing the marketing, are pushing outRead MoreArticle Review : A Big Fat Zero ! 1351 Words   |  6 Pagesmillions of people are jumping into the whole make money online scheme because creating a money making blog now only takes minutes, you’ll have a better picture of how noisy the internet has become. That being said, if you want to get boatloads of monthly traffic on your website, you need to understand that creating quality content just isn’t going to cut it anymore. What you need is an effective content amplification strategy to get the people to visit your website, get more engagements, and even toRead MoreThe Importance Of Striking A Balance Between Organizational Structure, Design, Culture, And Strategy1070 Words   |  5 Pagesadaptable, and efficient. Prosperous companies continually transform and grow to meet the needs of their environment (Jones, 2013). This paper examines the importance of striking a balance between organizational structure, design, culture, and strategy in order to achieve stability in a continually shifting organizational environment. Introduction The brevity of technological changes in communications and product development have produced rapidly changing, turbulent, global markets. Turbulent

Symbolism in John Steinbecks The Chrysanthemums Essay

Symbolism in John Steinbecks The Chrysanthemums In The Chrysanthemums John Steinbeck develops a theme of limitations. The story is essentially a man in the mirror story where the rigid Elisa sees herself for the first time as trapped. Although Elisa has recognized her life as limited and confining, she sadly accepts her life as is and does nothing to rectify her situation. In John Steinbecks The Chrysanthemums symbolism of the fence, the garden, and the chrysanthemums help illustrate the story by striking an emotional chord with the audience. Primarily the idea of limitation or confinement is presented as the story begins: the high gray-flannel fog of winter closed off the Salinas Valley from the sky and from all the rest†¦show more content†¦The Chrysanthemums introduces us to Elisa Allen, a woman who knows she has a gift for growing things, but it seems to be limited to her garden. Diligently working in her garden, Elisa watches as men come and go, living their lives unconfined, wondering what it must feel like to have that freedom. That emotion is revealed as Elisa gases at her husband and acquaintances talking, she looked down toward the men by the tractor shed now and then. As she tills the soil for her chrysanthemums Elisa tills the thoughts in her head. The garden she so desperately maintained represents her world. A world that will only flourish if nourished. Emotional nourishment and stimulation is what Elisa lacked and longed for. The garden is limited in space to grow and so is her marriage. The garde n is safe, non-threatening and so is her world. The garden contains many different elements that make it what it is, although unseen, and if the proper nourishment is not given it will die, as with Elisa. Elisa is especially proud of her chrysanthemums and how big they are this year. Steinbeck exhibited this pride Elisa portrayed as she straightened her back and pulled on the gardening gloves again. Yes theyll be strong this coming year. Elisa worked hard at her garden and it was important to her. In fact it was the only thing she had to be proud of. For Elisa the chrysanthemums symbolized the work she feels she is capable of as aShow MoreRelated Use of Symbols and Symbolism in John Steinbecks The Chrysanthemums944 Words   |  4 PagesUse of Symbols and Symbolism in John Steinbecks The Chrysanthemums  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚      John Steinbecks short story The Chrysanthemums is about a proud, strong woman named Elisa Allen who feels frustrated with her present life. Her frustration stems from not having a child and from her husbands failure to admire her romantically as a woman. The only outlet for her frustration is her flower garden where she cultivates beautiful chrysanthemums. Steinbeck uses chrysanthemums as symbols of the inner-selfRead MoreJohn Steinbecks Use of Symbolism in His Book The Chrysanthemums611 Words   |  2 PagesChrysanthemums John Steinbeck is remembered as one of the classic American writers, and his book Chrysanthemums is no exception. The title of the book is a reference to the symbols and plot of the story, a Chrysanthemum being a symbolic flower for the protagonist, Elisa Allen. The story is set during the Great Depression, and therefore marriage by arrangement was common in agricultural areas, as finding food and shelter were more important than childhood ambitions, as Elisa learned the hard wayRead More Symbols and Symbolism - Flowers as a Symbol in John Steinbecks The Chrysanthemums983 Words   |  4 PagesFlowers as a Symbol in The Chrysanthemums by John Steinbeck      Ã‚  Ã‚   In romantic or sexual context, a woman is often said to be as beautiful as a flower. In John Steinbecks short story The Chrysanthemums, Elisa Allen never receives this recognition. Although she is a strong woman, she is frustrated because her husband will not admire her romantically in any way. This frustration only deepens because she is childless and feels the need to be a mother. She discovers an outlet for her frustrationRead More The Chrysanthemums Essay1649 Words   |  7 PagesJohn Steinbeck’s, The Chrysanthemums, was published in 1938 in a book of short stories, entitled The Long Valley. The Chrysanthemums has been a rather powerful draw for scholars because of its wide gap for interpretations and analysis of its main protagonist character, Elisa Allen and also the unique descriptions used to portray the deeper meaning behind the setting of the story. Themes of sexuality, oppression of women, as well as other numerous types of conflict portrayed in this r ather somberRead MoreSymbolism in The Chrysanthemums by John Steinbeck Essay1547 Words   |  7 PagesSymbolism in The Chrysanthemums by John Steinbeck The Chrysanthemums, one of John Steinbecks masterpieces, describes a lonely farmers wife, Elisa Allen. Elisa Allens physical appearance is very mannish yet still allows a hint of a feminine side to peek through. John Steinbeck brings symbolism into play to represent Elisa Allens frustrations and hidden passions. Isolation is another representation through symbolism found in The Chrysanthemums. Elisas failing detached marriage is representedRead MoreComparing John Steinbeck s Mice And Men And The Grapes Of Wrath1126 Words   |  5 PagesComparing and Contrasting Steinbeck John Steinbeck is a famous author known for many of his short stories, as well as the books Of Mice and Men and The Grapes of Wrath. His works have been studied and analyzed often because of his unique ability to create symbolism from small amounts of text. â€Å"The Chrysanthemums† is a short story written by John Steinbeck, and was first published in 1939. It tells the story of a woman who feels she is capable of completing any task a man can, but is set back byRead MoreEssay about Symbolism in The Chrysanthemums by John Steinbeck700 Words   |  3 PagesSymbolism in The Chrysanthemums by John Steinbeck At first glance John Steinbecks The Chrysanthemums seems to be a story of a woman whose niche is in the garden. Upon deeper inspection, the story reveals strong symbolisms of children, vulnerability, and connection--being the most important, of the main character. Elisa Allen is the main character who is at her strongest and most proud in the garden and weakened when she becomes vulnerable and loses her connection to the outer worldRead MoreThe Chrysanthemums Symbolism Analysis1040 Words   |  5 PagesMale Dominance Revealed Through Symbolism in The Chrysanthemums In Steinbeck’s â€Å"The Chrysanthemum† a story is told of a woman who loves to garden and tend to her beautiful chrysanthemums, a husband who tends to the matters of business on the ranch, and the strange encounter with a tinkerer. Each of these aspects create the story, but there is more depth than what meets the eye. Through Steinbeck’s short story one can recognize many symbols that represent the different gender roles of men andRead MoreThe Chrysanthemums973 Words   |  4 Pages Prompt: How do the chrysanthemums as well as other symbols throughout the short story show women’s role in society? A Potential for Equality   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Humans, just as flowers, cannot fully live without sunlight. They cannot develop without nourishment, and most of all they cannot flourish if not carefully tended to. Just as the Chrysanthemums fight to stay strong and meaningful in the short story, â€Å"The Chrysanthemums† by John Steinbeck, the main character, Emily, tries to do the same. BothRead MoreThe Chrysanthemums By John Steinbeck982 Words   |  4 Pagesâ€Å"The Chrysanthemums† is a short story written by John Steinbeck. The story was originally published in 1937 before later being released as a part of his The Long Valley collection. This is an important story as it expresses women in a way that is more realistic, showing their true boredom, ambition, and capabilities. Some scholars interpreted this story differently, but C. Kenneth Pellow interprets it as â€Å"radically feministic.† The Great Depression was finally ending and women’s rights were r ising

My Family My Father s Dad - 1299 Words

I only know my history through pictures of what I have seen. The only picture that I did not know was my father’s dad. My father’s dad pasted away before I was born. My mom as a kid went to church and so did my aunt. I haven’t really been in a church other than Christmas and Easter or when I used to visit my Aunt Karen. But she passed away too soon. Most are from family members I know. I grew up really close to my family. They helped me be who I am today because of how we interacted together and how happy they made me. I liked that we had dinner with my Aunt and Uncle and cousins a lot. At least see once a week. I liked that we did stuff outside of the house. Sometimes as a child I thought they were mini adventures. My family and friends†¦show more content†¦These three traditions are very important to me because it has always been a part of me. I haven’t experienced anyone different traditions yet. We celebrate birthdays for very close family. I plan on carrying many of these and maybe add some because I want my children to know other life styles instead of just one. I will decide later in life because I am not even in a relationship yet. Traditions also have to do with the other person as well. So you may get more anyways. My family members even if I didn’t do one of the traditions they probably wont not even mind it at all. Though they might be sad maybe upset, they will forgive me. Traditions change over time, so why would they be sad or upset. I mean if I chose to do something a little different in the tradition then why it should matter to my family. By then I will be leaving alone with someone. I believe that traditions should be the way the person wants it not their family members. I mean we should have a say in our own lives to celebrate traditions. I haven’t really experienced much, other than education and first few jobs. I experienced singing in chorus in school. I experienced how to deal with bullying in school. I experience many different things during school. At home I experience many fun things. For example, hanging with family, going out to eat and going to places. I experienced taking care of a cat. I also experienced volunteering in many different places. I interactShow MoreRelatedMy Personal Statement On Education1087 Words   |  5 Pagesme the value of higher education. My parents didn’t have the opportunity to pursue education. My mother finished high school in Mexico; but soon after graduating she began to work. On the other hand, my father wasn’t as lucky. In Guatemala education isn’t encouraged among families because the necessity of money is too great due to poverty. In my father’s case he began working when he was 7 years old causing him to only attend up to the second grad e. All my father learned was that hard labor is necessaryRead MoreCreative Writing - Original Writing1079 Words   |  5 Pagescall from my father saying that migration got him.I started crying.I ciuld not believe what happen.when i told my mom she started crying. Then i called my aunt santa and told her. My aunt came over. i could not believe what happened. I could not stop crash. he was in jail and i could not believe it , we have to do things during the month’s .My dad would call us often and we had to pay. i was happy when i hear his voice. I cried everytime , My mom and i were to a line , We have our family to relyRead MoreMe Talk Pretty One Day917 Words   |  4 Pageschanged my life, my dad. He has always been there and guided me in the correct way. Just like in Sedaris â€Å"Me Talk Pretty One Day†, how something negative leads to a good outcome, my negative event resulted on how dads’ actions impacted my life in such a significant way. (635). My dad became a great example for me to look up to, by showing me how dependable, adaptive, and hardworking he truly is. My dad gave me the ambition, to continue my education, and become a dependable mother for my daughtersRead MoreMother Who Money Can Buy Happiness915 Words   |  4 Pagesseamstress, so I grew up with very little attention from my mother. She would come tired of the long hours, but still had to take care of me. Every day around 7:00 AM, my mother was gone. Quite frequently, I will heard her entering through door around 9:00 PM. My father was a cook at multiple Chinese restaurants in Chinatown, and he would work about 10 hours a day. (It was tough for my parents to generate income with limited education) If my family only had financial problems, I probably won’t haveRead MoreMy Role Model Of My Life Essay744 Words   |  3 PagesColey, my role model. The only male figure in my life that I want to be like. I use to mimic all your actions from your laugh to your serious face, your truly an outstanding man. Although my father and I don t see eye to eye all the time and he can also get on my nerves sometimes. My Dad s dedication and perseverance are absolutely fantastic; he always has, and a never give up attitude. I couldn t fathom any other male figure being my father also I don t want anyone other than the dad I haveRead MoreJr, My Horse, A New Record1598 Words   |  7 Pagessaid and tapped my foot, signaling Massey, my horse, to go. She began to run and I signaled for her to go faster, my brother, Mike was timing us back at the house. We made it to the course of logs she had to jump over, she always slowed down at this part. Massey was a rescue that I made with granddad before he passed, she had trauma from previous experiences. Massey saw the logs and jumped skillfully and we made our way back to the house where Mike was waiting for us. DAMN!! THAT S A NEW RECORDRead MoreAnalysis Of The Movie Rebel Patois 868 Words   |  4 PagesIn my early childhood while I was in India, my family indulged exceedingly. We would hold family councils whenever we needed to say in necessary subjects that needed discussion. We played games and had lessons like being kind to your family.’’ Typically we heard stories from daddy, or pay an hour or two consuming ice cream while enjoying it at the park, spending time together. I am the youngest son in a family of 2 children, so when we had weekly get-togethers some went seldom meanwhile othersRead MoreChild Transitions From The United States897 Words   |  4 Pagesthose outliers. My parents trials and tribulations slowly started to consume not only their lives but also our family s. The very successful company begun by my Father was at its all time low. With the struggle to pay the bills and lack of money the situation at home became difficult. As a fifteen year old sophomore I was sidelined forced to watch my parents struggle not only with financial issues but also family issues with both my Brother and our uncles. It got to the point where my 18th birthdayRead MoreWho Is The Most Honest And Hardworking Person I Have?1348 Words   |  6 Pagesharmony. Personally, I had my fair share of racist remarks and preconceived judgments. Out of those handful experiences nothing compares to what my father went through a couple of years ago. My father, who is the most honest and hardworking person I have known to date, was bombarded with racist remarks and judgment one afternoon at a jewelry store. My family immigrated to the United States almost fourteen years ago. Our hopes and dreams were like any other immigrant s before us, a better life.Read MoreMy Father Is A Holy Feeling932 Words   |  4 Pagesbig family with nine sisters and 3 brothers, and to see all of them educated and love to go to school makes me really happy. My little brother and sister’s wakes up with agitation and excitement to go to school. I come from a family where both of my parents did not attend school, no high school diploma, and no certificate and to see both mom and dad pushing me to be the best at what I’m good at is a holy feeling. Mom and Dad were not born in the united states my mom was born in Somalia and my dad

Foundations of Taxation Law and Commercial Law

Question: Discuss about the Foundations of Taxation Law and Commercial Law. Answer: Introduction: In the given case, Pete has purchased a house in Knew. The house had two tennis courts in poor conditions. One of the reasons for purchasing the house is to use the old tennis courts for building three units and selling them at profit. The tennis club offered to purchase the tennis court from Peta at $600000.00 if she would renovate the tennis court. Pete incurred $100000.00 for necessary innovations and sold the tennis court to the tennis club. The issue here is to determine whether the receipt of $600000.00 is an ordinary income under section 6-5 of the Income Tax Assessment Act. In Australia, two tax laws of ITAA 1997 and ITAA 1936 governs the tax treatment for individual, companies and entities that are required to pay tax. It is provided in section 4-1 of the ITAA 1997 that tax are required to be paid by every individual, company and some entities. The taxes are required to be paid on taxable income (Woellner et al. 2016). The section 4-15 of the ITAA 1997 states that taxable income is calculated by deducting the allowable deductions as provided in section 8-1 of the ITAA 1997 from the assessable income. The section 8-1 of the ITAA 1997 states that the taxpayer is allowed deduction from assessable income for expenses that are incurred for producing the assessable income or for general purpose of the business. The Assessable income of the taxpayer is classified into ordinary income and statutory income (Taylor and McNamarFerraro 2013). The section 6-5 of the ITAA 1997 states that income according to the ordinary concept is called ordinary income. The sectio n 6-10 of the act states that incomes that are not ordinary income are known as statutory income. The income should be determined in accordance with ordinary concept and usage of mankind this decision was held in the case of Scott V Commissioner of Tax (1995). It was further held in the cases of FCT V Cooke (1980) and Tenant V Smith (1892) that the income cannot be considered as ordinary income if the gain or receipt is not made in cash or readily converted to cash. Therefore, it can be seen from this cases that there are certain prerequisites for considering an income as an ordinary income. These prerequisites are that income should be of ordinary concept and should be received in cash or easily converted to cash (Barkoczy 2016). Another condition is that if there is no real gain to the taxpayer then it should not be considered as ordinary income as was held in the case of Hochstrasser V Mayes (1960). The ordinary income of a taxpayer includes income received from personal exertion, property income, business income and income from profit making schemes. The income that is received by providing services that is incidental to the employment is the income from personal exertion. The income from personal exertion does not includes gifts. The ordinary proceeds and trading transactions are included in the income from business. The income from business does not include any capital gains that is made from the sale of capital assets. The property income includes regular cash flow that is made by the taxpayer by using the property but it does not include any capital gains (Sharkey and Murray 2015). The profit that is made from a single transactions are included in the ordinary income if the taxpayer enters into the transactions with the intention of making profit. The Taxation ruling 92/3 elaborately explains the situation when an isolated transaction is to be included as income for the tax purpose. The definition and meaning of the isolated transactions are provided in the Para 1 of the Taxation Ruling 92/3. The isolated transactions are those transactions that are not entered into by the business in the ordinary course of activity. It also includes transactions that are entered into by non-business tax payers. The Para 6 of the Taxation Ruling92/3 provides that an income from isolated transaction is included in the ordinary income if the taxpayer has entered into the transaction with the purpose of making profit or gain and the transaction made is a commercial transaction (Tucker 2013). The Para 14 of the Taxation ruling 92/3 states that if an individual enters into a transaction for making profit in a particular way and ends up making profit in a different way then also the income from isolated transaction shall be considered as ordinary income. In this case Pete sold the tennis court to the tennis club and received $600000.00 the selling of tennis court is an isolated transactions and should be evaluated based on the taxation Ruling 92/3. Pete purchased the house with the intention of making profit by selling three units and this has satisfied the condition that is laid down in Para 6 of the Taxation ruling 92/3 which states that transaction should be entered into with the intention of making profit. Though the original intention was not restore and sell the tennis court but still the income should be considered as ordinary income as provided in the Para 14 of the taxation ruling 92/3. Therefore based on the above analysis it can be concluded that the receipt of $600000.00 from sale of tennis court should be considered as ordinary income under section 6-5 of the ITAA 1997. The taxpayer is however allowed to claim deduction of $100000.00 for expenses it made for restoring the tennis court. The employee apart from receiving salary also receives various other benefits that are provided by the employer. This benefits are called fringe benefits. The law states that the employer is required to pay tax on the benefits it provides to its employees. The tax that is paid by the employer on the benefits that is provided to its employees is called Fringe Benefit tax. This Fringe benefit tax is also applicable for benefits that are paid to the family members and associates of the employees. In Miscellaneous Taxation ruling 2016 it is provided that there are two essential requirements that are to be satisfied for a benefit to be subject to fringe benefit tax. The first condition is that the benefit must be provided to the employee. The second condition is that the benefit should be provided in connection with the employment. If both the condition are satisfied then the benefits are subject to Fringe benefit Tax. Few of the common examples of fringe benefits are expenses reimburseme nt benefit, entertainment benefit, gym membership benefit, interest rate benefit, employee car benefit etc. In Taxation ruling 2001/2 it is stated that the fringe benefit can be calculated by using two methods of higher grossed up rate and lower grossed up rate (Saad 2014). If the employer is able to take input tax credit for GST paid on the benefits provided to the employee then in such case higher grossed uprate is used. If the employer is unable to take input tax credit on the benefit provided to the employees in that case lower grossed up rate is used. In this case Alan is an employee of the ABC Ltd and receives salary of $300000.00. In addition to this salary Alan is also provided various other benefits by the employer. The employer reimburses the mobile phone bill of Alan which is $220 per month. The mobile phone is used by the Alan only for the work relate purpose. The Fringe benefit tax assessment act 1986 states that expenses for work related items are exempted from tax (Kenny et al. 2015). Therefore for the reimbursement of the mobile phone bill the employer is not liable to pay FBT. The employer also pays the Alans children school fees of $20000.00. It is provided in the section 20 of the fringe benefit Tax assessment act 1986 that if an employer discharges the obligation of employee in part or in full it is considered as expense payment benefit under this act. The FBT is required to be paid by the employer on the expenses payment benefit. The employer has also provides a mobile phone to the employee for $20000.00 including GST. This should be treated as expense fringe benefit and the employer is subject to FBT. The food or drink provided to the employee and associates is considered as meal entertainment benefit as per the Taxation Ruling 97/17. This meal entertainment benefit is also subject to FBT. The dinner provided in a Thai Restaurant by the employer is a taxable fringe benefit as per the ruling of 97/17. The calculation showing FBT payable is given below: Calculation showing FBT Liability for year ended 31 March 2016 Particular Taxable value of the benefit Gross up rate Grossed up taxable value Childrens school Fees $ 20,000.00 1.9608 $ 39,216.00 Expense Payment benefit $ 2,000.00 2.1463 $ 4,292.60 Meal Entertainment benefit $ 660.00 2.1463 $ 1,416.56 Total Fringe Benefit taxable amount $ 44,925.16 FBT rate 49% Fringe Benefit Tax payable $ 22,013.33 Calculation showing FBT Liability for year ended 31 March 2016 Particular Taxable value of the benefit Gross up rate Grossed up taxable value Childrens school Fees $ 20,000.00 1.9608 $ 39,216.00 Expense Payment benefit $ 2,000.00 2.1463 $ 4,292.60 Meal Entertainment benefit $ 1,320.00 2.1463 $ 2,833.12 Total Fringe Benefit taxable amount $ 46,341.72 FBT rate 49% Fringe Benefit Tax payable $ 22,707.44 If the number of employee of ABC becomes 5 then the meal entertainment benefit increases as a result the FBT payable also increases. The calculation of FBT is given above. The Fringe Benefit Tax is payable on the benefit that are provided to the employee. The benefits that are provided to the client are not subject to FBT. If the clients also attends the so the dinner is not arranged for the employees but the clients then in such cases FBTT will not be applicable as provided in the Taxation Ruling 97/17 (Smith 2016). Reference Barkoczy, S., 2016. Foundations of Taxation Law 2016.OUP Catalogue. Kenny, P., Blissenden, M. and Villios, S., 2015. Residency and Australians working overseas: can be an expensive lesson in tax Law.Australian Tax Law Bulletin,2(9-10), p.188. Saad, N., 2014. Tax knowledge, tax complexity and tax compliance: Taxpayers view.Procedia-Social and Behavioral Sciences,109, pp.1069-1075. Sharkey, N. and Murray, I., 2015. Reinventing administrative leadership in Australian taxation: beware the fine balance of social psychological and rule of law principles.Available at SSRN 2770222. Smith, N., 2016. Case study: The interaction of Australian and UK tax laws.Ethos: Official Publication of the Law Society of the Australian Capital Territory, (240), p.50. Taylor, D. and McNamarFerraro, R., 2013. Tax education: Planning your tax studies for 2014 and beyond.Taxation in Australia,48(6), p.310. Tucker, K., 2013. Library Guides: Commercial law: Home. Woellner, R., Barkoczy, S., Murphy, S., Evans, C. and Pinto, D., 2016.Australian Taxation Law 2016. Oxford University Press.