Organizing a project deliverable Essay Example | Topics and Well Written Essays - 250 words

Sorting out a venture deliverable - Essay Example For my exploration, I will concentrate on examining workers concerning their inclination with respect to the low profitability. I will try to comprehend the reasons with respect to why the organization efficiency is faring inadequately, in light of their point of view. Examination information assortment will be through studies, where we disguise representatives personalities will be covered. These will include: Breaking down the discoveries will be simpler attributable to the utilization of close-finished inquiries (Kerzner 2013). In the discoveries, representative evaluations will seem to help impart the degree of the issue from the employees’ perspective. The examination will incorporate the exploration discoveries completely, to think of applicable arrangements neutralizing the current issues. The association of the exploration will involve a blueprint that fuses parts, for example, the presentation, issue articulation, procedure, discoveries, end, answers for the issues, and suggestions. The examination deliverable will be finished with this diagram and plan, expanding the organization’s efficiency through representative inspiration once the expressed issues experience

Software Design Essay Example | Topics and Well Written Essays - 500 words - 1

Programming Design - Essay Example Engineering is about the User Interface (UI) of a framework (Bass, Len, Paul C., and Rick K., 2003, second Ed.). Programming configuration is an arrangement of arriving at an answer for programming hitches. It mulls over issues to do with similarity, seclusion, bundling, extensibility, vigor, security, adaptation to internal failure and ease of use. In a System Development Life Cycle (SDLC), programming engineering structures the essentials that decide the plan of that product by determining the association procedures to be actualized during the subsequent stage of planning. A product configuration report is an elegantly composed and stable depiction (done by the product creator) of the product item sketching out all segments of programming and their proposed functionalities. This record is esteemed to give a total portrayal of the expected final product of the product, while keeping to a quality perspective on the framework. Along these lines, a very much archived awful plan will fill no need on the off chance that it portrays â€Å"space† none existing highlights. It will be smarter to have a decent plan that fits in with the framework engineering and authoritative desires yet without documentation as opposed to a very much reported however inadequately done structure. The nature of any bit of code in a structure would be controlled by utilizing changed code quality estimation methods, for example, center around the essentials of Object Oriented Programming styles and the plan designs; composing of clean (codes that are to the gauges and standards according to the issue); and distinguishing WTFs â€Å"Bad Smells† inside the code (Robert C. Martins). The need to try different things with programming configuration is to assemble data/information about the structure and dissect it by thinking about how the proposed test components would fit entirely into a model expected to meet the exact target set for the test and fulfill the

Cash Advances vs. Check Cashing Stores Which is Worse

Cash Advances vs. Check Cashing Stores Which is Worse Cash Advances vs. Check Cashing Stores: Which is Worse? Cash Advances vs. Check Cashing Stores: Which is Worse?When you need cash and only cash, should you take out a high-interest advance against your credit card or pay to cash a check?These days, most transactions happen electronically. People can send money to one another quite easily through their bank accounts, with apps on their phone, or even over social media!But sometimes, electronic funds just aren’t going to do it. You need cash. Maybe you’re stranded at a rural gas station; maybe you’re buying shawarma at that old-school hole in the wall that won’t take cards; maybe you need $100 in ones so that you can roll around in them on your bed like a fancy boy.Whatever the reason, a need for cash when you don’t have any on hand can leave you real hard-up. If your bank has an ATM nearby, thats your best option, but your other choices aren’t so good. You might end up getting stuck with either a credit card cash advance or going to a check cashing store.Neither option is great , but which option is, um, the least not great? Let’s find out, shall we?What is a cash advance?When you use your credit card to buy something, no physical money changes hands, right? The amount that you paid is simply added to your card balance. You’re essentially borrowing money from your credit card company in order to make a purchaseWell, with a cash advance, you’re also borrowing money from your credit card company. The only difference is that the money you’re borrowing gets handed over to you as some of that sweet, sweet paper.However, taking out a cash advance on your card differs from making a normal credit card charge in two crucial ways.First, most credit cards carry a separate Annual Percentage Rate (APR) for cash advances. And the APR for cash advances is almost always higher. You could have a 15 percent APR on your normal credit card transactions, but a 25 percent APR for cash advances!Secondly, regular transactions on a credit card come with a 30-day grace peri od before interest starts accruing. So if you pay off the card during that period, you won’t get charged any interest at all! Cash advances, on the other hand, have no such grace period. The second the transaction is made, interest starts being charged on the amount withdrawn.What’s a check cashing store?A check cashing store is, well, a store where they will cash your check for you. They oftentimes provide other services too, stuff like payday loans, wire transfers, bill payments, public transportation passes, currency exchange, and mail services.These stores will take your check and charge you a one-time fee in order to cash it. Let’s say you bring in a $500 check and they charge you a two percent fee. That means it would cost you $10 dollars and you’d receive $490 in cash back from them.The fees for cashing your check will vary from business to business, but it’s often at least a couple percent. For instance, Illinois caps check-cashing fees at 2.25% for any check over $100.Check cashing stores are generally aimed at folks who don’t have traditional checking or bank accounts. These are people who receive a physical paycheck and need to have it turned into cash so that they can actually use it. (They can also use the store to transfer their bill payments.)According to a 2015 survey by the Federal Deposit Insurance Corporation (FDIC), there are over 9 million “unbanked” households in the U.S. However, this is one area of subprime finance where traditional banks are also getting into the game.So which is it? a cash advance or a check cashing store?Regular readers of the Financial Sense blog will probably be able to guess our answer here: it depends.But the reason we say that so often is because it’s almost always true. There are very few hard and fast financial rules that apply to every single person and every single situation. Circumstances will dictate which option is the best one for you.However, we are going to give the win here to check cashing stores for one simple reason: that one-time fee is far preferable to a high APR.Getting a check cashed is safer and (probably) cheaper.A 2016 article in Business Insider from University of Pennsylvania professor Lisa Servon, author of The Unbanking of America, found that customers who used check cashing stores generally reported very high rates of satisfaction. One of the main reasons for this was that the stores’ fees were one-time only and clearly posted where customers could see them.When given a choice between paying a flat, one-time fee or accruing interest over a period of time, the flat, one-time fee is almost always preferable. You pay it, you get it out of the way, and you don’t have to worry about any bill collectors coming after you down the line.Interest, on the other hand, only grows over time. If you’re able to pay off your cash advance immediately, it could very well be the better, cheaper option. But if you let the interest keep accruing, you could end up paying way more than you would have with a cashed check.For reference, a $500 cash advance with a 23 percent APR would accrue almost $10 in interest per month and over $115 in interest over an entire year.So that’s that! If you’re in a bind that only cash can solve, get thee to a check cashing store! Cash advances can do in a pinch, but the higher APR’s make them just a bit more dangerous.To learn more about the dangers of bad credit loans and high interest rates, check out these related posts and articles from OppLoans:Want to Avoid No Credit Check Loans? Build an Emergency FundPayday Loan Rollover: How Short-Term Loans Turn Into Long-Term DebtHow to Finance a Medical Emergency: An OppLoans eBookWhats your preferred way to get some quick cash? We  want to hear from you!  You can  email us  or you can find us on  Facebook  and  Twitter.

What Kind Of Parent Style Do You Have - 899 Words

What kind of parent style do you have? Is it Permissive-Neglectful, Permissive-Indulgent, Authoritarian, or Authoritative. Did you know your parent style affects your children. I am writing my paper to take you through the life of a good friend Charlott and her son Allen. Allen is a little boy who very good child that has developed bad habits and behavior problem. Allen has a mom that is high in permissive-indulgent but low authoritarian (263). After I read the effects having this type of parent has on a child, I immediately thought of this little boy. I will discuss about how chapter 6, chapter 9, chapter 11 applied to Allen and his mother. I will also discuss how having a parent that is high in permissive-indulgent but low authoritarian effects Allen, and how what he watched and played affects his behavior. I will also discuss what finally helped him to acknowledge his feelings. Allen James is five years old going on fifteen. He is a very good child, but has had some hard times. Allen was the oldest child of his mother s two kids, his mom had him at eighteen and had no idea how to raise a little boy when she was still a child herself. Since she was so young Charlotte wanted to be more of a friend than a mother to Allen. Charlotte use to allow Allen to chose his own bedtime and he would be up at all hours of the night, while she would be sleep. Charlotte would wake up and Allen would have trashed the house and she would get angry when she would tell him to clean up butShow MoreRelatedPersuasive Speech : Developing Your Parenting Style900 Words   |  4 PagesDeveloping Your Parenting Style General Purpose: Persuade Specific Purpose: To persuade people to use a certain kind of parenting style when they have children. Thesis: The authoritative parenting style is the most effective style for producing children that have desirable traits, such as good morals, obedience, compassion and responsibility. Introduction Attention Getter: My nine year old sister went out for volleyball this year. She learned very fast that she hated serving the ball across theRead MoreParenting Styles, Authoritarian, Authoritative, Permissive And Uninvolved981 Words   |  4 PagesParenting style has a big impact on how children develop into adults, and there are important implications for their future success. (Ronald Riggio, 2014) How a parent treated their child will follow the child for the rest of its life. Different parenting styles and their punishments that follow can affect the child mentally (psychological disorders) and physically (obesity). While we all know some forms of punishment is uncalled for such as persistence spanking is not typically just punishment butRead MoreTwo Different Mindsets of Parenting: The Chinese and the Western Approach1048 Words   |  5 Pagessets of parenting; Chua says, for instance that Western parents believe that they are strict by forcing their kids practice their instrum ents for 30 minutes a day at most to an hour. This is nothing compared to the Chinese parents that would say the first hour of practice is easy it’s the second or third hour that gets tough (Chua 2011). This shows how forcefully strict the Chinese parents are compared to Western parents. The Chinese parents would say anything that really has to be said to theirRead MoreThe Authoritative Parenting Style By Diane Baumrind891 Words   |  4 Pagesthe same techniques that their parents did. Think about how the children of the different parenting styles grew emotionally, mentally and even academically. The authoritative parenting style was first introduced by Diane Baumrind. She created a new system for classifying a person style of parenting. Parenting styles have two important components which are: the parental responsiveness and parental demandingness. The parental responsiveness; being how the parent responds to the child’s needs.Read MoreThe Type Of Parenting As sociated With The Tiger Mother1168 Words   |  5 PagesIn Chua’s book, she contrasts the two sides of parenting styles: what she calls â€Å"Chinese† parenting and â€Å"Western† parenting. â€Å"Chinese† parenting refers to the strict and intense style of upbringing in which the parent has (or tries to exert) complete control over their child. The parent is wholeheartedly focused on honing their child’s skills in school, music, maybe a sport, or any kind of activity considered desirable. These parents have been harshly stereotyped: they are seen as cruel, unreasonableRead MoreDiana Baumrinds Parenting Styles in Psychology784 Words   |  3 Pagesidentified the three parenting styles in psychology, authoritarian parenting, authoritative parenting, and permissive parenting. All of these parenting styles are seen today throughout everyone’s lives. All of these parenting styles can affect a person differently and studies have shown that de pending on what style a person has been raised with can affect whom that person becomes and how they behave in life. The first style of parenting is authoritarian parenting. In this style of parenting, childrenRead MoreDear Daughter, I have tried my best through the years to teach and steer you in the best direction600 Words   |  3 PagesDear Daughter, I have tried my best through the years to teach and steer you in the best direction I could. Now that you are having your first child, I want to let you know that right now is the time to think about how you will parent. Diana Baumrind showed that there are four kinds of parent styles being the authoritarian, the authoritative, the permissive, and the uninvolved style. The authoritarian parent gives off a strict aurora. â€Å"In this style of parenting, children are expected to followRead MoreThe Influence of Parenting Styles and Attachment Styles on Relationship Designs986 Words   |  4 Pagesdevelopmental psychologists will agree that the attachment styles and parenting styles a child receives is the design for the rest of their relationships. The relationship an infant or child has with the primary caregiver is the most important because their adult behaviors are directly influenced from these experiences. This is the basic theory of attachment styles that states that the earliest bonds a child forms correlates to the kinds of relationships people form as adults. Families are theRead MoreParenting Styles Of Parents And Western Parents Essay1446 Words   |  6 PagesParenting Styles Long before the birth of a child parents envision what kind of parenting style they want to use, and what kind of future that want their children to have. Soon-to-be parents are submerged into a land of questions and unknowns about everything from the nursery dà ©cor, safety products, old wives tales, and horror stories from the delivery room. There are guides, books, and blogs that can give you all sorts of information about those unknowns, but there really is no guide on how toRead MoreChild Rearing Is The Right Type Of Parents983 Words   |  4 Pagesand I have talked to each other about having a child. We have discussed about the possibilities that could happen if we do decide to go through with it. More importantly, how good of a parent can we become? Will we be able to provide for all the needs of the child? Will we be able to instill the needed values for the child to grow as an upstanding person? How can we be the right type of parents and should we do it the American or the Filipino way? These are the discussions that we have every

How Will Historians Remember The 21st Century - 1880 Words

How will historians remember the 21st Century? I believe that it will be known, when the dust has finally settled, as the Century of the End of Work. Let me explain. A number of authors think (1) that we are entering an economy in which, due to advances in robotics, artificial intelligence, and 3-D printing, the marginal cost of most manufactured items will fall close to zero. Consider software: while Windows 10 cost millions of dollars to develop, the cost to Microsoft to pushing out another copy over the internet is essentially nonexistent – about 20 minutes on a virtual server that is probably running dozens of instances of Windows. Consider the 3-D printed car. Once the printer is programmed, depending on the cost of materials, the car is very inexpensive. Consider agriculture. This would seem to be an area resistant to automation and robotics. After all, picking strawberries is labor-intensive. But consider combines and harvesters – wheat cultivation and harvesting of grain and straw is essentially all mechanized now. Consider artificial intelligence. There are enormously erudite and complex debates about whether an AI can become conscious, and the dangers that might arise from that consciousness. These individuals either ignore the question of what consciousness is, or founder on the attempt to find a definition. (â€Å"Being able to produce a narrative about what one is doing while doing it† is perhaps as good a definition as any.) Bill Gates, Elon Musk, Steven Hawking,Show MoreRelatedCan Oral History Be Trusted1444 Words   |  6 Pagesâ€Å"Can Oral History be Trusted† ? The 21st Century, a time we live in where nearly everything is documented. Whether it be written and put into archives or posted on Facebook. Things were much different in the early stage of man up until now. The cave people documented things by writing on walls, but can this be trusted? Even documents that have been written down cannot be trusted so can stories or myths have been written by people in their own diaries or in letters so loved ones be trusted? EssentiallyRead MoreIs Pop Culture Really Making Us Dumb?852 Words   |  4 Pagesthat television and social media actually educate us, and even say things that should be said, but never do. With the rise of all these new types of media in the 21st century like Hollywood films, new TV shows, Twitter, Facebook, Instagram, etc. the question is, Is Pop culture actually good for you? Since the start of the 21st century new TV shows and social media have been on the rise. For example Steven Johnson brings up the hit drama 24 that used to come on Fox, the show focused on terrorismRead MoreThe Salem Witch Trials : A Day By Day Chronicle Of A Community Under Siege Essay1671 Words   |  7 Pagesof the Watertown Historical Commission board, she also is an active board member and a curator of the Salem Witch Museum. She has multiple books that have been published about the Salem and the trials that occurred in the late 17th and early 18th centuries. She also holds a fine arts degree from the Massachusetts College of Art. Roach spent 20 years researching archival collections, and discovered that many recent books on the subject are either inaccurate or unsubstantiated about the trials. A lotRead MoreHow Croquet Became A Social Pastime During The 19th Century1344 Words   |  6 Pages The game originally made use of a ball and a mallet Some historians say croquet was intended to be played over a broad playing field; like golf As with any game, there have been revisions made to the standard set of rules and regula1ions in order to keep a game popularized and alluring. John Jaques surely took the role in reproducing the game and made edits in 1857, 1860, and 1864. Croquet became a social pastime during the 17th century, as it was one of few games that could be played by both sexesRead MoreWicca a Religion Based on Earth and Gods Essay1482 Words   |  6 Pagesthe New Testament. Hence Christians are lead to believe to transform witches or pagans to Christianity. By the scripture, Christians are taught from promotion of fear and years of misunderstanding of Wicca, as well other pagan religions. This is how the elders of the Christian church got people to believe that Witches are bad with the thought process of Devil worship. During the era of the Roman times, Christianity started to grow and the Church went after Pagans and Witches. Witches convertRead MoreA Radical Analysis And Argument On The Issue Of Lgbtq Rights Movement1733 Words   |  7 PagesWithin this essay, the main focus will be to improve a radical analysis and argument in relation to the topic of LGBTQ rights movements. Injustice has developed during the centuries to be a main problem around the world, especially in the United Sta tes. There are many different issues that injustice addresses. In order to form this, this essay will discuss the history of LGBTQ rights movements since early 1920s. In reference to the position supporting LGBTQ rights movements, the discussion will concentrateRead MoreEffective Teaching Of The Social Studies1440 Words   |  6 Pagesgeography, and history (Minnesota Department of Education, 2013). According to MDE, these standards are necessary as they â€Å"identify the academic knowledge and skills that prepare students for postsecondary education, work, and civic life in the 21st century† (MDE, 2013, p. 1). Effective teachers’ understand that students need to understand â€Å"standard facts, concepts, principles and perspectives that shape social studies, develop deep knowledge in order to make sense of the world, master a body ofRead MoreCivil War Debate On American Rhetoric2775 Words   |  12 Pagestestament to the controversy’s persistence and evol vement in American discourse. The visual, text, and oral sources of the past and present show how controversial an issue, slavery still is in society—it’s an awkward and ignominious stain in American history. The rhetoric of historical figures, historians and average Americans is demonstrative of how the Civil War, made up of multifaceted controversial issues is not dead†¦and not even past. In order to establish why the legacy of the Civil War inducesRead MoreBritish Colonialism Essay example2439 Words   |  10 PagesBritish men died and was evidently the worst British defeat at the hands of a native power in the history of its empire. This was played down by the British crown as nothing more than a minor skirmish, however, since the fall of the British empire, historians have done their share of reviewing, analyzing and critiquing the battle and why is ended in such disaster for the British. The first major piece of work to be written about the Anglo-Zulu war, with a small chapter devoted to the battle of IsandlwanaRead MoreCensorship And Its Effect On Society1680 Words   |  7 Pagesoutlawing all literary and verbal material that ventured to conflict their beliefs. Thus, censorship became the word to erroneously describe the process of selectively removing and adding content to a literary aspect as an act of cultural abridgment. How then, does the belligerent stance of censorship afflict society? The answer lies embedded into the patchwork of nearly every war in human history: the semantic barrier of mistranslation. Because censorship involves changing a disagreeable literary work

Avid Exiting Free Essays

There are many reasons why I wish to get out of the Avid program. I personally feel like this class isn’t helping me in any way shape or form, I know I’ll do fine without Avid and I want to do electives which I would actually enjoy and would make my remaining two years of high school memorable. This year would be my third year in Avid. We will write a custom essay sample on Avid Exiting or any similar topic only for you Order Now My past two years of Avid have not been enjoyable nor have they helped me. There’s been many cases where I needed help on a question, and would wrote it down as a tutorial question; I stopped doing that once I realized how uncooperative the students were, I would only be helped if a tutor was in our group which was unlikely due to the low amount of tutors we have. The questions other students would write were in no way beneficial to them or the group because they already knew the answer too them. Although some questions were deceiving with their length or appearance to make the question look ‘hard’ they really weren’t. The students would go up and answer it within a minute and sit back down without explaining; when I wanted an explanation I would get it, but with attitude for them not wanting to at least explain how they solved the problem. This irritated me so I soon chose to Just go to tutoring when I needed any sort of help. Although I see why Avid is a well-recognized program, Vie personally had no benefit from it. It’s because of this that I predict exiting from the program won’t affect me. I know Avid will look good in my college transcript but I don’t worry about that since I have pretty good grades and keep them that way. When I need help, I can always go to my teachers for tutoring, as I already do. I’m aware that this is a new ear and a fresh start but if it’s the same thing all over again, I know I would regret staying in the program for yet another year. The only reason Vie chosen to stay in Avid the past two years want to please people who encouraged me to stay but now I shall take a stand for myself. I only have two years left of high school and I want them to be memorable. I want to Join the electives I actually want to be in like culinary arts or yearbook. Vie built up such a negative vibe towards Avid, I’ll only people down if I do stay. Vie been told that as an Avid student I should feel, â€Å"Lucky because there is a list of people waiting to Join Avid hat actually want to be in here and work†. My exiting won’t affect me or the program. Someone who I know will be a great addition to the program would simply replace I respect people’s opinions of why I should stay in Avid but getting out of Avid won’t stop me from being successful. I have high expectations for myself and I know I will strive with or without Avid; and in the end it’s my choice. I am responsible for myself and what I believe is best for me, along with my parent’s of course. My decision is made and I hope I’m given the opportunity to exit the program. By Griswold How to cite Avid Exiting, Papers

Business Corporations Law and Consultants

Question: Discuss about the Business Corporations Law and Consultants. Answer: Introduction The Corporations Act, 2001 lays down various duties which are to be followed by the directors, as well as, the officers of the companies. Such duties are assigned on the directors, as well as, on the officers of the company, as the companies are managed under or by the directors of the company, with the help of the officers. And the directors and the officers are in a position of trust; and their position can be easily used for personal benefits. The duties covered in the act relate to the duty of care, the use of information, and the like (Australian Institute of Company Directors, 2016). In the following segments, the case of Vines v ASIC has been discussed to evaluate the duties breached by the executive officers of the company. Vines v ASIC (2006) Geoffrey Vines was a former chief financial officer of the GIO Australia Holdings Limited and he had violated the duty of care regarding the forecasts of profits during the takeover bid (Jacobson, 2007). The ASIC, i.e., Australian Securities and Investments Commission, initially started the civil proceedings, in 2011, against Geoffrey William Vines, along with two other executives, Francis Timothy Robertson and Timothy John Henry Fox in relation to the Part B Statement which was published by the GIO when the takeover bid, in the late 1998, was being carried out (Piper Alderman, 2007). This Part B Statement contained a forecast of profit at $80 million, from the reinsurance division of the GIO. However, the reinsurance division of GIO was exposed to some major allegation due to Hurricane Georges, which struck in September 1998, at the Virgin Island and Puerto Rico. The predecessor of section 181(1) of the Corporations Act, 2001, i.e., section 232(4) of the Corporations Law was alleged to be breached by Vines and the two executives (Webster and Swan, 2007). The directors also failed to exercise the duty of care covered under section 180 of the Corporations Act, 2001. This matter was majorly related with the rationality of inclusion of the $80 million forecasted profit due to the allegations as a result of exposure to Hurricane Georges (Piper Alderman, 2007). Duties Breached Section 180 of the Corporations Act, 2001 contains the provisions regarding the duty of directors to act with care and diligence. As per 180(1) the directors have to discharge their duties and exercise their powers with a degree of care, as well as, diligence, which a prudent person in similar circumstances would do (Australasian Legal Information Institute, 2016a). As per section 181(1) of the Corporations Act, 2001, the directors, along with the officers of the company, have to act in good faith. As per this section, while discharging their duties and exercising their powers, a director has to do so in good faith, which is in the best interests of the company, and for a proper purpose (Australasian Legal Information Institute, 2016b). The contravention of both these sections attracts civil penalties stated under section 1317E; under which a declaration of contravention is made by the court. Decision of the Court The Court of Appeal affirmed that the standard of care contained in section 232(4) of the Corporations Law did not require a high order of negligence to established, in comparison to the duty stated under the general law. The court was of the view that the standard of care and diligence, that was applicable on Vines, did extend to the Part B Statements contents. Moreover, the information that was provided did fall in the structure of the due diligence procedure, which was designed to make certain the materially, as well as, adequately finalized disclosures to the shareholders of GIO as per the law, and in such a manner which would safeguard the involved individuals from liability in case a defect is established at a later stage (Webster and Swan, 2007). The Court of Appeal agreed with the earlier findings of Justice Austin regarding the contravention of directors duties by Vines on three instances: When Vines signed the management sign-off regarding the due diligence report, without even taking the requisite positive steps, which required the advise to the due diligence committee of GIO regarding the assumption of the forecasted profit of $80 million. When he did not inform the due diligence committee of GIO that he had no issues with the reliability of the profit forecast of GIO. And when he did not provide the proper attention to the fact, whether or not the reinsurance division of GIO could be attained in the estimated time subsequent to the issuance of the Part B Statement, and prior to the end of the takeover process (Webster and Swan, 2007). Though the contentions of the ASIC regarding some of the issues were overturned and the court held that Vines was not in violation of the duty of care: On November 9, 1998, when Vines made the unqualified statement of management confidence to the board within the reinsurance division of GIO regarding the profit forecast. When Vines did not provide the information pertaining to the basics on the forecast of profit calculations, in the email of November 22, 1998 sent to the due diligence committee and the report of November 17, 1998 which formed the base for the media release (Webster and Swan, 2007). Even though Vines was found to have acted with honesty, the seriousness of contraventions could not grant him relief. And it was held that Vines had to consider, whether or not the material information had to be disclosed, which he was aware about (Stephens Lawyers Consultants, 2007). Upon finding that the directors had indeed breached their director duties, in accordance with the draft of ASIC, the court made the declaration of contravention. And disqualification orders were made for Vines and Robertson for a period of three years, and for Fox, a disqualification order for a period of 12 years was made. The directors were also awarded pecuniary penalty order, as follows: Vines- $100,000; Robertson- $50,000; and Fox- $220,000. Along with this, a compensation order was also passed against Fox for AUS dollar which is equivalent to US$143,750 at the exchange rates of June 3, 1999. The ASIC costs to be paid by the three were Vines- 22%; Robertson- 28%; and Fox- 33% (Jade, 2016). Conclusion From the above case study of Vines v ASIC, it can be summarized that Vines, along with two other directors, i.e., Fox and Robertson had failed in their duties of care and diligence and to act in good faith, by being the executive officers of the company. The verdict of this cases helps in establishing the responsibilities of the executives of the company, especially while preparing the forecasts of profits during a takeover bid. References Australasian Legal Information Institute. (2016a) Corporations Act 2001 - Sect 180. [Online] Australasian Legal Information Institute. Available from: https://www.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s180.html [Accessed on: 16/12/16] Australasian Legal Information Institute. (2016b) Corporations Act 2001 - Sect 181. [Online] Australasian Legal Information Institute. Available from: https://www.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s181.html [Accessed on: 16/12/16] Australian Institute of Company Directors. (2016) What are the duties of directors?. [Online] Australian Institute of Company Directors. Available from: https://www.companydirectors.com.au/membership/the-informed-director/what-are-the-general-duties-of-directors [Accessed on: 16/12/16] Jacobson, D. (2007) ASIC v Vines Appeal Decided. [Online] Bright Law. Available from: https://www.brightlaw.com.au/asic-v-vines-appeal-decided/ [Accessed on: 16/12/16] Jade. (2016) ASIC v Vines [2006] NSWSC 760. [Online] Jade. Available from: https://jade.io/article/1022 [Accessed on: 16/12/16] Piper Alderman. (2007) Piper Alderman Legal Update. [Online] Piper Alderman. Available from: https://www.piperalderman.com.au/__files/f/4017/PA%20eBulletin%20June%202007.pdf [Accessed on: 16/12/16] Stephens Lawyers Consultants. (2007) Corporations Law Update: Recent Decisions About Directors' Duties And Liabilities. [Online] Stephens Lawyers Consultants. Available from: https://www.stephens.com.au/Sites/2196/Images%20Files/Newsletters/October%202007%20-%20Corporations%20Law%20Update.pdf [Accessed on: 16/12/16] Webster, J., and Swan, C. (2007) Focus: Implications Of Vines v ASIC. [Online] Allens. Available from: https://www.allens.com.au/pubs/ma/fomamay07.htm [Accessed on: 16/12/16]