Law Essay Example | Topics and Well Written Essays - 250 words - 2

Law - Essay Example The gang members had sewn black and gold emblems on the prison issue shirts. This prompted the jail management to establish a rule banning the display of such colors that deviate from the established prison clothing. The rule encourages the inmates to wear homemade black and gold Rosary Beads around their necks and thus the prison staff decides to confiscate them, but the inmates threaten to file a suit against such action since action interferes with their freedom of worship. However, as a warden of the jail, I would go ahead and confiscate the beads since laws and regulations must be respected and appreciated by both parties (Singh et al, 2007). Being partisan to one law at the expense of the other is biased since it limits the freedom of other people guided by the foregone law or regulation. Therefore, for the prisoners to complain that their right to practice own religion is compromised due to confiscation of the beads is biased since in observing their right, the gang also deny the prison its right to implement laws that facilitate effective management and promotes equality. In case, the right of the prisoners is observed and respected, then what about the rest of the inmates who do not belong to such religion? They will feel discriminated and not recognized. Moreover, what if the prisoners demand similar treatment, but each one of them belongs to a different religion? This will lead to a mixture of prison uniforms and thus, will compromise the integ rity of the prison uniform and lead to loss of its identity. Therefore, in this scenario, the suit is likely to fail since in observing the right to practice religion, the rights of other prisoners and the prison will be compromised and thus lead to biasness (Siegel, 2009). Based on such considerations, the court will reject the suit considering the above grounds. The right of an inmate to proper medical services is justified and protected in all

Introduction to Accounting and finance -- Economics, Finance and Assignment - 6

Introduction to Accounting and finance -- Economics, Finance and Management - Assignment Example reality this may not be the case, the company may face sudden changes in any of these estimates and if any major change occurs, it would definitely affect the estimate and the cash flow forecast presented above. Although the company’s cash position improves gradually during the 6 month period according to the cash flow forecast there may be certain areas that may need to be considered. (BusinessLink, 2010) Managers need to be aware of the huge interest that the company has to pay for the overdrafts and the loans taken out by the company, managers should choose between the best possible sources of loan i.e. either the overdraft or the long term loan to manage the company more effectively. (Wilkinghoff, 2009) There is a major difference between the cash earned by a company and its profit. The profits that a company makes are usually based upon accounting techniques and standards and these do not always show the correct picture of a company. Profit is derived by deducting the revenue earned from the cost incurred in gaining those revenue plus other immaterial things such as depreciation, provisions, amortization, goodwill, etc. these figures are fictitious and are not in cash terms i.e. no cash is either received or paid when such things occur. Cash on the other hand gives a better picture of a company which can clearly make the managers ascertain the liquidity position of a company and the company’s actual earnings with respect to its actual spending. The cash figure clearly tells the managers as to how much liquid cash is available that can be used to invest in the business or can be paid off to its shareholders. (Liquidity, 2010) The balance sheet of Hide and Seek Ltd clearly shows the depreciation figure used up in calculating the net worth of the noncurrent assets of the organization. The balance sheet clearly shows that the company has a good working capital of around  £3100 but this is not shown in the cash flow forecast for the month of June, which