Piper Aircraft v Reyno Essay Example for Free

Piper Aircraft v Reyno Essay Facts: A small airplane crashed in Scotland killing several Scottish citizens. The respondents who are Scottish and who are the representatives of the estates of the citizens and residents who were killed in the crash filed suit for wrongful death in United States Federal District Court in California. The forum was later transferred to the United States District Court for the Middle District of Pennsylvania upon motion of the petitioner. It appears that the aircraft was manufactured in Pennsylvania by petitioner Piper Aircraft Co. Â  The propellers were manufactured in Ohio by petitioner Hartzell Propeller, Inc. At the time of the accident the aircraft was registered in Great Britain and was owned and maintained by Air Navigation and Trading Co. , Ltd and was operated by McDonald Aviation, Ltd. , a Scottish air taxi service. Both Air Navigation and McDonald were organized in the United Kingdom. Petitioners filed a motion to dismiss on the ground of forum non conveniens. After finding that an alternative forum exists in Scotland, the District Court granted the motion and dismissed the complaint. The United States Court of Appeals reversed the district court’s decision on the ground that the dismissal of the suit is automatically barred when the law of the alternative forum is less favorable to the plaintiff than the law of the forum chosen by the plaintiff. Issue: whether the district court abused its discretion in granting the petitioner’s motion to dismiss on the ground of forum non convenience Ruling. No. The district court did not abuse its discretion in granting the petitioner’s motion to dismiss. Thus, judgment of the United States Court of Appeals was reversed. Rationale: It is well-settled that a claim will be dismissed on the ground of forum non conveniens if the amount of burden and difficulty to the defendant is out of proportion to the convenience of the plaintiff. The dismissal of a suit will not ordinarily be denied on the simple reason that the forum is less favorable to the plaintiff In dismissing a case for forum non convenience several factors are considered because they affect the conduct of the trial. These factors are: a) the access to sources of proof and evidence; b) the availability of compulsory process for attendance of unwilling witnesses, c) the cost of obtaining attendance of willing witnesses; d) the possibility of viewing of premises; In this case, the factors heavily favor Scotland because the wreckage of the airplane is in Scotland and all of the witnesses to the crash are also in Scotland. Also, the deceased were all Scottish. Scotland has a strong interest in hearing this case since the incident happened in its airspace. On the other hand, the disadvantage that will result to plaintiff if this suit will be brought in the United States is insignificant considering that the interest of the United States in the suit is not sufficient enough to justify the amount of time and expenses that will be wasted if the suit will be filed in the United States

James Thurbers The Secret Life of Walter Mitty :: Secret Life Walter Mitty Essays

James Thurber's The Secret Life of Walter Mitty In James Thurber's wonderful short story, "The Secret Life of Walter Mitty", I get the feeling that he may be a victim of Attention Deficit Disorder, rather than just being a daydreamer. Throughout the story, Walter changes personae several times. He flips back and forth between reality and fantasy so much he may have a problem with his attention span. Walter needs Mrs. Mitty to keep him on track. By being a daydreamer, his head is in the clouds and this irritates her. She Reminds him to get "those overshoes while I'm having my hair done." (88) She has to nudge and prod him to actually get the pair of overshoes. Normally, this shouldn't be a problem, but with Walter, She has to double check that he bought them. Consider him having been diagnosed with A.D.D., his wife would then be a little better at understanding him when he goes off on one of his "spells." For example, him buying the overshoes, but not wearing them in the slushy weather. Mrs. Mitty should take a little more active role with his condition. She would go with him to the store to pick up his overshoes so that she knows it was taken care of properly. The weekly trips into town are somewhat of a disaster each time. once, he had tried to take the chains of of his tires and they got them "wound around the axle" and had to have a man come from a garage to unwind them. Mrs. Mitty leaves Walter on his own so that he can run errands, while she goes to the beauty parlor to get her hair done. Because of his daydreaming, he ends up loosing himself in a court battle in his head. How can anyone expect to remember to buy puppy biscuits with something like that happening? A.D.D. is not something to be treated lightly. instead of going to the beauty parlor, Mrs. Mitty should go with Walter to help him stay on track with his errands. By running their weekly errands together, Mrs. Mitty would come to better realize the problems that Walter faces on a daily basis. This would also help to alleviate some of the troubles that they have had in the past to make future trips more tolerable. Does Walter have a problem? Yes, he does. Whether it is being a day dreamer or someone afflicted with A.

A Study of Customer Preference Towards Various Stock Brokerage

RESEARCH PROPOSAL A Study of Customer Preference towards various Stock Brokerage Firms in Indore November 20, 2012 Submitted To : Submitted By : Dr. Yamini Karmarkar Dhwanil Mehta IM 2K9 36 Himanshu Patidar IM 2K9 47 Title A Study of Customer Preference towards various Stock Brokerage Firms in Indore. Index S. No. ParticularsPage No. 1INTRODUCTION03 2RESEARCH QUESTION04 3RESEARCH OBJECTIVE04 4RESEARCH METHODOLOGY05 EXPECTED OUTCOMES09 6LIMITATIONS OF RESEARCH09 Introduction This research is regarding the secondary market trading in India and its main objective is to understand customers’ preference towards stock brokerage firms in Indore. In the last decade, India’s GDP has raised from 414 billion dollar in 2001 to 1. 85 trillion dollars in 2012. This growth in size of Indian economy has been complimented by 8 fold increase in the market capitalization of the Indian companies. So people are now investing more in stock market to increase the value of their money.Capital markets are in existence in India since a long time. There are about 11 million DEMAT accounts and 1 million daily active traders in India. Indian stock market is one of the oldest stock markets in Asia with a glorious past that caters to the huge population of India and gives them investment opportunities. In 1875 Bombay Stock Exchange (BSE) was established by 22 brokers. From that time onwards the Indian Stock market has grown in leaps and bounds, and has become a forceful and competent stock market in the international level.Earlier days a stock was represented by a stock certificate which was a piece of paper that was proof of your ownership. But in today’s computer age, your stock is stored electronically by your broker. This is done to make the shares easier to trade. In the past, when a person wanted to sell his shares that person physically took the certificates down to the broker. But now stocks can be purchased with a click of mouse. Definition of key terms 1. Stoc k Brokerage Firms- A brokerage firm, or simply brokerage, is a financial institution that facilitates the buying and selling of financial securities between a buyer and a seller.Brokerage firms serve a clientele of investors who trade public stocks and other securities, usually through the firm's agent stockbrokers. 2. DEMAT Account- The term â€Å"demat†, in India, refers to a dematerialized account for individual Indian citizens to trade in listed stocks or debentures in electronic form rather than paper, as required for investors by the Securities and Exchange Board of India (SEBI). In a demat account, shares and securities are held electronically instead of the investor taking physical possession of certificates. 3.Trading Account- A trading account works as an intermediary between the savings account and demat account. When you want to buy shares, first the money is transferred from your savings account to trading account. 4. Consumer Preference- A consumer preference ex plains how a consumer ranks a collection of goods or services or prefers one collection over another. This definition assumes that consumers rank goods or services by the amount of satisfaction, or utility, afforded. Research Question What are the factors that influence the customer preference towards choosing a stock brokerage firm?Objectives 1. To study the factors influencing the people at the time of opening a DEMAT and Trading account. 2. To know the personal views of people regarding choices among various stock brokerage firms in Indore. Research Methodology Theoretical Framework Variables Explanatory Variables- 1. Age- This variable is used to get input of age of customers in years. 2. Income Level- This variable is used to get input of annual income level of the customers in Rupees. 3. Gender- variable is used to get input of gender of customers. Dependent Variables- . Stock-call precision- Stock-call precision is a qualitative measure of the accuracy of the advice to buy, h old, or sell the securities to gain maximum possible return according to risk beard by customer. 2. Personal assistance 3. Price charged for the services- Prices include the account(DEMAT and Trading) opening charges plus brokerage charges per transaction. 4. Location of offices- Location of offices for the convenience of the customers. 5. Brand equity of the firm. Relationship between variables Measurement Design Scales of Measurement 1.Age- Interval scale is used with 4 intervals i. e. [18-30, 31-45, 45-60, 60 plus] 2. Income Level- Interval scale is used with 5 intervals i. e. [0-3lacks, 3lacks-6lacks, 6lacks-10lacks, 10lacks plus] 3. Gender- Nominal scale is used with options â€Å"Male† and â€Å"Female†. 4. Dependent variables: Stock-call precision, Personal assistance, Price, Location of offices, and Brand equity are all measured using a 5 point Likert Scale. [Least Preferable, Somewhat Preferable, Neutral, Preferable, Most Preferable] Technique for Data Collect ion Primary data is needed to be gathered for this research.Data will be collected using questionnaire technique. Questionnaire will be filled by customers through two channels- printed hard copies and online over internet. Researcher will personally take the hard copies of questionnaire to the individual sample. Online questionnaire will be filled using various websites. Sample Description Population Population is taken to be the all the investors of Indore trading in securities and having DEMAT and Trading account in any of the stock brokerage firm located in Indore. Sample Size Sample size is taken to be 120.Sampling Technique Non-probability Quota sampling method. 20 customers of each of the top 6 brokerage firms of Indore are taken. This makes 6 quotas with 20 customers in each quota. Data Analysis Technique used for data analysis is ANOVA. Hypothesis Age of the Customer as an explanatory variable. 1. Null Hypothesis, (H0): There is no relationship between age of the customer a nd preference to the Stock-call precision. Alternate Hypothesis,(H1): There is a relationship between age of the customer and preference to the Stock-call precision. 2.Null Hypothesis, (H0): There is no relationship between age of the customer and preference to the Personal assistance. Alternate Hypothesis,(H1): There is a relationship between age of the customer and preference to the Personal assistance. 3. Null Hypothesis, (H0): There is no relationship between age of the customer and preference to the Price. Alternate Hypothesis,(H1): There is a relationship between age of the customer and preference to the Price. 4. Null Hypothesis, (H0): There is no relationship between age of the customer and preference to he Location of Offices. Alternate Hypothesis,(H1): There is a relationship between age of the customer and preference to the Location of Offices. 5. Null Hypothesis, (H0): There is no relationship between age of the customer and preference to the Brand Equity. Alternate Hypo thesis,(H1): There is a relationship between age of the customer and preference to the Brand Equity. Income of the Customer as an explanatory variable. 6. Null Hypothesis, (H0): There is no relationship between income of the customer and preference to the Stock-call precision.Alternate Hypothesis,(H1): There is a relationship between income of the customer and preference to the Stock-call precision. 7. Null Hypothesis, (H0): There is no relationship between income of the customer and preference to the Personal assistance. Alternate Hypothesis,(H1): There is a relationship between income of the customer and preference to the Personal assistance. 8. Null Hypothesis, (H0): There is no relationship between income of the customer and preference to the Price. Alternate Hypothesis,(H1): There is a relationship between income of the customer and preference to the Price. 9.Null Hypothesis, (H0): There is no relationship between income of the customer and preference to the Location of Offices . Alternate Hypothesis,(H1): There is a relationship between income of the customer and preference to the Location of Offices. 10. Null Hypothesis, (H0): There is no relationship between income of the customer and preference to the Brand Equity. Alternate Hypothesis,(H1): There is a relationship between income of the customer and preference to the Brand Equity. Expected Outcomes Age and income level of the customers have significant effect on their choices regarding brokerage firms.Limitations of the study This research might have some minor limitations because of limited sample size and the environment in which data was collected. The data analysis and findings are based on the knowledge and experience of the respondents. It is assumed that at the time of undertaking survey the best available respondent group was chosen and the responses given by each one of them was genuine. If the respondents responded to the questionnaire without any interest, attention or adequate knowledge reg arding stock market, then the conclusions drawn from this research might not become valid in real world.

Essay On Social Media - 1382 Words

Most of us are on it every day, but what is social media actually? Social media takes apart in the internet which is just a jumbled mess of networks. Social media consists of apps and websites all built on an electronic device whether a computer or a phone. Now social media makes it easy to communicate and be able to talk to others anywhere with a mobile connection. Also, it gives out new job roles and you can create accounts on sites to further put your life all over the internet. Not many people think of this, but we use social media to gather information on almost any topic or person. Lastly we use it to buy items and invisible concepts online. Social Media is used to connect, give jobs, create accounts, inform, and buy things off of†¦show more content†¦A connection is more than just talking, it s being able to change a person s thoughts or feelings over some simple comment. Since social media is so big, it can give out so many opportunities for almost anything. The first platform off of social media started in 1997 and ever since then, more and more sites have been added. YouTube is a site where creativity grows by putting up videos of anything you want. It s not just a site, but is also a job opportunity for the creators on the site with enough subscribers and views. Another job on social media could be photographers, your able to sell/showcase your work on hundreds of websites like Tumblr as an example. Some bigger businesses put up ads on platforms or become sponsors for famous influencers that others follow. These jobs on social media create an easier way of living because there are more areas of the workforce to join. It adds new environments that maybe your parents didn t get to enjoy or be a part of because it wasn t even a thing back then. There more than just jobs, it s like a lifestyle full of creativity and new openings that most people have never experienced before. Knowing that anyone in the world with a social media account can view your work, that can add true wonder into one s daily life. Social media is just one broad term of one section of the internet. You have Social networks like Facebook, Instagram, Snapchat, Twitter, Pinterest and thousands of others areas I wouldnShow MoreRelatedEssay On Social Media971 Words   |  4 PagesIn the World, today social media controls everything. Social media includes blogs, social games, chat apps, and photo sharing apps. â€Å"around 60 percent of the population has at least one social account† (Gordon). The generation of millennials have more than one social media account and are always on their phones checking those sites multiple times a day. 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