Conflict of Interest Free Essays

CONFLICT OF INTEREST POLICY Article I Purpose The purpose of the conflict of interest policy is to protect Diamond Cut Loyalty Canine Rescue and Pit Bull Rehabilitation, Inc. ’s (herein â€Å"Organization†) interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the Organization or might result in a possible excess benefit transaction. This policy is intended to supplement but not replace any applicable state and federal laws governing conflict of interest applicable to nonprofit and charitable organizations. We will write a custom essay sample on Conflict of Interest or any similar topic only for you Order Now Article II Definitions . Interested Person Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, as defined below, is an Interested Person. 2. Financial Interest A person has a financial interest if the person has, directly or indirectly, through business, investment, or family: a. An ownership or investment interest in any entity with which the Organization has a transaction or arrangement, b. A compensation arrangement with the Organization or with any entity or individual with which the Organization has a transaction or arrangement, or . A potential ownership or investment interest in, or compensation arrangement with, any entity or individual with which the Organization is negotiating a transaction or arrangement. Compensation includes direct and indirect remuneration as well as gifts or favors that are not insubstantial. A financial interest is not necessarily a conflict of interest. Und er Article III, Section 2, a person who has a financial interest may have a conflict of interest only if the Board of Directors decides that a conflict of interest exists. 3. Board of Directors The directors, collectively, of the Organization. Article III Procedures 1. Duty to Disclose In connection with any actual or possible conflict of interest, an Interested Person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the Board of Directors relating to the proposed transaction or arrangement. 2. Determining Whether a Conflict of Interest Exists After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the Board of Directors meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board members shall decide if a conflict of interest exists. 3. Procedures for Addressing the Conflict of Interest a. An interested person may make a presentation to the Board of Directors, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. b. The chairperson of the Board of Directors shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. c. After exercising due diligence, the Board of Directors shall determine whether the Organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. d. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the Board of Directors shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Organization’s best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. 4. Violations of the Conflicts of Interest Policy a. If the Board of Directors has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. . If, after hearing the member’s response and after making further investigation as warranted by the circumstances, the Board of Directors determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. Article IV Records of Proceedings The minutes of the Board of Directors’ meeting shall contain: a. The names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interest was present, and the Board of Directors’ decision as to whether a conflict of interest in fact existed. b. The names of the persons who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection with the proceedings. Article V Compensation a. A voting member of the Board of Directors who receives compensation, directly or indirectly, from the Organization for services is precluded from voting on matters pertaining to that member’s compensation. b. A voting member of any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the Organization for services is precluded from voting on matters pertaining to that member’s compensation. c. No voting member of the Board of Directors whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the Organization, either individually or collectively, is prohibited from providing information to any committee regarding compensation. Article VI Annual Statements Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, . Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the Organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Article VII Periodic Reviews To ensure the Organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt sta tus, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm’s length bargaining. b. Whether partnerships, joint ventures, and arrangements with management organizations conform to the Organization’s written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction. How to cite Conflict of Interest, Essay examples

Bargaining Power of Buyers free essay sample

According to Michael Porter, one of the 5 forces that can cause competition and influence a corporation is buyers/consumers. Without customers a business is nothing. Buyers cause corporations to compete against one another by causing them to lower prices and produce higher qualities of goods/services to consumers. The following are when a buying group has the greatest influence. When a buying group purchases large volumes When one buyer purchases most of a supplier’s sales, the importance of that buyer to the supplier is significant. If they stop buying, the supplier takes a dramatic financial hit. When items purchased are standard If all items in a market are similar or standardized, it allows a buyer to feel confident in doing business with other suppliers. Suppliers need to lower prices to keep consumers coming to them. When the buyer faces few switching Costs If a buyer faces little to no costs to switch to another supplier, there is no reason to stop them from switching if a supplier is offering a product for cheaper. We will write a custom essay sample on Bargaining Power of Buyers or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Buyers can roam the market looking for the best deal. Suppliers on the other hand may have large switching costs making it hard to change markets. When buyers can backward integrate A buyer may not need to buy from a supplier if they can acquire items from inside the business. An example could be a bakery that requires wheat to make bread. They would backwards integrate by buying a farm with a wheat processor and no longer having the need to buy wheat from a supplier. When buyers product quality doesn’t matter Buyers will be price sensitive if the products they are producing do not require great quality. The buyer will go to whoever is the cheapest.

Does The Problem Of Evil And Suffering Prove God D Essays

Does The Problem Of Evil And Suffering Prove God Does Not Exist? The problem of evil and suffering is the question as to why evil exists, in the context of the belief in God it asks why an omnibenevolent, omniscient, and omnipotent God would allow evil to exist. It is argued that it would not make sense for such a deity to allow evil to exist unless they did not really love everyone, did not really know everything that was going on, or did not really have the power to change anything they wanted. This argument logic ally counters the argument for the existence of God because i f Go d is all loving then he would not want people to suffer but there are uncountable cases of people suffering on a daily basis, so it is logically impossible for God to be omnibenevolent . Secondly, i f he is all powerful he could stop evil and suffering but either chooses not to or indeed cannot because he is not all powerful after all. I f he is omniscient, he would have known that the world he created would have evil and suffering but still went ahead and created it. So, either God is not all loving and is indeed a cruel God or he is not powerful enough to stop evil and suffering. This presents the question. Why did he create a world knowing it would have evil and suffering? On the other hand , there are holes in this argument because to make the argument it is assumed that there is the possibility that God is omniscient. If this is true, then it is also possible that the human comprehension of evil is false because it is so much further above human understanding that only God can fathom the true reason behind evil and suffering. Additionally , there is also the argument of free will and that the reason there is so much evil and suffering in the world is because humans are evil and not God. And the reason that God does not intervene is because he allows humans to have free will and when we die he will judge us and either punish or reward us based on the lives we lived whilst on earth, whether they were good or bad. In conclusion , the strongest argu ment is the argument for the problem of evil. This is because it uses the beliefs of those that argue for the existence of God against them exploiting the fact that it is impossible for God to exist because he would con tradict himself.

EPR Paradox in Physics - Definition and Explanation

EPR Paradox in Physics - Definition and Explanation The EPR paradox (or the Einstein-Podolsky-Rosen Paradox) is a thought experiment intended to demonstrate an inherent paradox in the early formulations of quantum theory. It is among the best-known examples of quantum entanglement. The paradox involves two particles that are entangled with each other according to quantum mechanics. Under the Copenhagen interpretation of quantum mechanics, each particle is individually in an uncertain state until it is measured, at which point the state of that particle becomes certain. At that exact same moment, the other particles state also becomes certain. The reason that this is classified as a paradox is that it seemingly involves communication between the two particles at speeds greater than the speed of light, which is a conflict with Albert Einsteins theory of relativity. The Paradoxs Origin The paradox was the focal point of a heated debate between Einstein and Niels Bohr. Einstein was never comfortable with the quantum mechanics being developed by Bohr and his colleagues (based, ironically, on work started by Einstein). Together with his colleagues Boris Podolsky and Nathan Rosen, Einstein developed the EPR paradox as a way of showing that the theory was inconsistent with other known laws of physics. At the time, there was no real way to carry out the experiment, so it was just a thought experiment or gedankenexperiment. Several years later, the physicist David Bohm modified the EPR paradox example so that things were a bit clearer. (The original way the paradox was presented was somewhat confusing, even to professional physicists.) In the more popular Bohm formulation, an unstable spin 0 particle decays into two different particles, Particle A and Particle B, heading in opposite directions. Because the initial particle had spin 0, the sum of the two new particle spins must equal zero. If Particle A has spin 1/2, then Particle B must have spin -1/2 (and vice versa). Again, according to the Copenhagen interpretation of quantum mechanics, until a measurement is made, neither particle has a definite state. They are both in a superposition of possible states, with an equal probability (in this case) of having a positive or negative spin. The Paradoxs Meaning There are two key points at work here which make this troubling: Quantum physics says that, until the moment of the measurement, the particles do not have a definite quantum spin but are in a superposition of possible states.As soon as we measure the spin of Particle A, we know for sure the value well get from measuring the spin of Particle B. If you measure Particle A, it seems like Particle As quantum spin gets set by the measurement, but somehow Particle B also instantly knows what spin it is supposed to take on. To Einstein, this was a clear violation of the theory of relativity. Hidden-Variables Theory No one ever really questioned the second point; the controversy lay entirely with the first point. Bohm and Einstein supported an alternative approach called the hidden-variables theory, which suggested that quantum mechanics was incomplete. In this viewpoint, there had to be some aspect of quantum mechanics that wasnt immediately obvious but which needed to be added into the theory to explain this sort of non-local effect. As an analogy, consider that you have two envelopes that each contain money. You have been told that one of them contains a $5 bill and the other contains a $10 bill. If you open one envelope and it contains a $5 bill, then you know for sure that the other envelope contains the $10 bill. The problem with this analogy is that quantum mechanics definitely doesnt appear to work this way. In the case of the money, each envelope contains a specific bill, even if I never get around to looking in them. Uncertainty in Quantum Mechanics The uncertainty in quantum mechanics doesnt just represent a lack of our knowledge but a fundamental lack of definite reality. Until the measurement is made, according to the Copenhagen interpretation, the particles are really in a superposition of all possible states (as in the case of the dead/alive cat in the Schroedingers Cat thought experiment). While most physicists would have preferred to have a universe with clearer rules, no one could figure out exactly what these hidden variables were or how they could be incorporated into the theory in a meaningful way. Bohr and others defended the standard Copenhagen interpretation of quantum mechanics, which continued to be supported by the experimental evidence. The explanation is that the wave function, which describes the superposition of possible quantum states, exists at all points simultaneously. The spin of Particle A and spin of Particle B are not independent quantities but are represented by the same term within the quantum physics equations. The instant that the measurement on Particle A is made, the entire wave function collapses into a single state. In this way, theres no distant communication taking place. Bells Theorem The major nail in the coffin of the hidden-variables theory came from the physicist John Stewart Bell, in what is known as Bells Theorem. He developed a series of inequalities (called Bell inequalities), which represent how measurements of the spin of Particle A and Particle B would distribute if they werent entangled. In experiment after experiment, the Bell inequalities are violated, meaning that quantum entanglement does seem to take place. Despite this evidence to the contrary, there are still some proponents of the hidden-variables theory, though this is mostly among amateur physicists rather than professionals. Edited by Anne Marie Helmenstine, Ph.D.

Human Rights and Same-Sex Marriage Research Paper

Human Rights and Same-Sex Marriage - Research Paper Example In following this line of reasoning though, one may say that since it is a violation of the constitution to deny anyone of their civil rights, it is therefore unconstitutional to deny people should they want to enter into same-sex marriages. However, for one to claim violation, one must prove first that same-sex marriage is part of the protected rights of the Constitution. This paper aims to correct the presumption that same-sex marriages should be legalized because every individual should be allowed to marry. The truth is, marriage is set as heterosexual by nature, thus, marriage policy limiting the union to only between one man and one woman does not violate the Equal Protection Clause or any other legal or moral principle (Stacey 27). Law protects such union to ensure the continuation of species. The law was not placed there to protect the emotional wants of individuals. Simply put, there is no right to same-sex marriages, thus, homosexuals are not being denied of their right. In fact, if one looks at the natural needs of a child to be raised by both biological parents, the natural need of a man to be ensured of paternity, and the natural need of a woman to be with her child (Stacey 27-8), not legalizing same-sex marriages protects these natural rights. It is Not Included in One’s Civil Rights Civil law is one of the greatest contentions about marriage. Literally speaking, laws governing marriages has always been a concern of the state and not the federal government. In any case, however, it has been long ignored that marriage is actually an institutional union between one man and one woman (McVeigh and Maria-Elena 891-2). Those who argue that same-sex marriages should be considered a civil right and should be treated just like any heterosexual monogamous marriage are doing so based on the principle of the Equal Protection Clause. This is, however, a flawed argument. It is absolutely wrong to consider that one’s constitutional rights ensure equ al treatment that includes the aspect of marriage. One must understand that equal treatment, as according to the Constitution, does not give reference to social relationships such as families, marriages, friendships, and the likes (McVeigh and Maria-Elena 899). A good example of this is a relationship between two friends who decide to consider their relationship as marriage. Such consideration of the friends involved in the friendship cannot go to the courts and demand equal protection rights just because they finally decided to consider their friendship as marriage. To do so is tantamount to saying that just because some people in a certain sports event pray together before the start of the event, courts are required to work under the equal protection law and allow these particular sports event goers to redefine the event as a religious ceremony. Social Reality Cannot be Declared by the Constitution Social reality cannot be defined merely by civil rights. The equal protection under the civil rights is there only to guarantee that every citizen will be treated equally. This means that the law should start by acknowledging and segregating characteristics and inconsistencies in reality so as to bestow upon each party what is rightfully theirs (Bily 27-8). For example, the government recognizes a relationship between two contracting parties who agree to fulfill a transaction of mowing the lawn. However, the law governing the contracts does not define beforehand what kinds of contracts can be done or can be accepted. This law, instead, merely makes clear how binding a consensual contract is, and what legal obligations both agreeing parties have in fulfilling the contract. This law also clarifies the consequences should one or both parties breach stipulations in the contract

William Butler Yeats Essay Example | Topics and Well Written Essays - 1250 words

William Butler Yeats - Essay Example Yeats can get away with absolutely cliched poetical language like "loveliness" and still create lines of matchless significance about a woman's beauty: "How many centuries spent/The sedentary soul/In toils of measurement/Beyond eagle or mole,/Beyond hearing or seeing, Or Archimedes' guess,/To raise into being/That loveliness" (Opening song from the play Fighting the Waves). Of language he was a past master. The themes and subjects of Yeats' poetry could be varied, because he was a man of varied interests and pursuits. Yeats could combine simplicity, a concise style, and innate wisdom for commentary on war from a soldier's point of view: "I know that I shall meet my fate/Somewhere among the clouds above;/ Those that I fight I do not hate, Those that I guard I do not love;"An Irish Airman Forsees His Death, The Wild Swans at Coole. 1919). He could make a commentary on the Easter Rising in Ireland like he did with his poem Easter(1916): "Too long a sacrifice/ Can make a stone of the heart./O when may it suffice/ That is Heaven's part, our part /To murmur name upon name,/As a mother names her child /When sleep at last has come /On limbs that had run wild". Or, he could write with a deep sense of almost Wordsworthian longing for the peace and beatitude of nature: "I will arise and go now, for always night and day/ I hear lake water lapping with low sounds by the shore;/ While I stand on the roadway, or on the pavements gray,/ I hear it in the deep heart's core".(The Lake Isle of Innisfree, The Rose, 1893). In his final years, Yeats was also known to give expression of his occultist beliefs in a 2000-year cycle of existence: "The darkness drops again but now I know/ That twenty centuries of stony sleep/ Were vexed to nightmare by a rocking cradle,/ And what rough beast, its hour come round at last,/ Slouches towards Bethlehem to be born"( The Second Coming, Michael Robartes and the Dancer.1919) This range and versatility is the outcome of a lifetime of evolution, because Yeats is one of those rare breed of creative minds who can produce their best work in their waning years. Yeats was born on 13 June 1865, and came from an Anglo-Irish heritage. It was his mother who introduced him to Irish folktales which were to be an important influence on his poetry. He had ideal parents for his profession as a poet : "Yeats has told of the deep emotional reserves in his Sligo-born mother, "whose actions were unreasoning and habitual like the seasons. From his father, John Butler Yeats, a man of original mind who had been trained in the law but turned to painting and to the pre-Raphaelite enthusiasms current in the '70s and '80s, Yeats early heard that "intensity was important above all things." (Bogan, 1938) Yeats was moved to London from Ireland when he was two, and remained there for all his schooling till he enrolled in the Metropolitan School of Art in Dublin for two years in 1884, and here he saw the early beginnings of his poetry. In Dublin he made famous acquaintances like G.B. Shaw, and W.E. Henley, and soon began to publish poetry, and in 1889, came out with The Wanderings of Usheen [Oisin] which included works

Structure of Secondary Schooling Essay Example | Topics and Well Written Essays - 1000 words

Structure of Secondary Schooling - Essay Example This essay approves that the basics start at school and slowly as they become mature they realize learning is a long process and helps them to be disciplined. The importance of learning is to share with others and make them educated. Studying at colleges and universities is totally a different ball game compared to schools. In colleges and universities the curriculum will be based on practical assumptions. Courses offering at universities and colleges are termed as professional courses and inclined towards engineering, management and political careers. The students will be trained accordingly to fulfill the immediate requirements. The most important thing is to realize the responsibilities towards the society and taking up those responsibilities, which is an indication of a good citizen. Education is an important tool that makes every citizen to know their responsibilities and utilize them properly. This report makes a conclusion that one of the main reasons of learning disabilities is the lack of concentration. Student’s thoughts divert very easily. They could not keep up their concentration level up to the mark. Short-term memory is also one of the reasons. Some of them were unable to remember previous days lessons or unable to grasp Assessing student’s abilities and disabilities is the major factor and teachers should strive to identify these issues. By identifying their strengths and weaknesses one can easily work on these issues. Self-confidence plays an important role in everyone’s lives. It is the deciding factor that decides a winner and a loser.