Statement of Purpose for pursuing graduate study Essay

Statement of Purpose for pursuing graduate study - Essay Example I have always yearned to listen, speak, read, write, and understand the Chinese language. Although it has been more than 20 years, I still remember a couple of my Chinese teachers’ names from the elementary school that I attended at the time. My major was Chinese Literature, and my test scores in Chinese have been relatively higher than my other subjects in high school. My feelings towards furthering my graduate studies in Chinese became stronger after studying in an art school for a couple of semesters. I have realized that Art has been an interest to me as well as a hobby. I have found that my passion is in the study of Chinese. I studied at the San Francisco State University where I obtained my baccalaureate degree in Criminal Justice. My experiences as a student were very positive, therefore, I wish to pursue my graduate Chinese studies at the same institution of higher education. I would like to engage in Chinese performance arts with a modern Chinese literature focus. Being bilingual in Chinese and English will give me the opportunity to perform research using primary sources and translating those research documents taking into account the differences and similarities of the western and eastern worlds: languages, cultures, traditions, customs, idiomatic terms, and non-verbal communication. This will be an asset for professors that are performing research given the Chinese language and any other dialects I may know for translation purposes given the above mentioned elements that need to be taken into consideration. I have faith and trust that a good college education will be the embodiment of one’s academic hopes and dreams for a better life. It will not only prepare me for my chosen profession, but it will also provide me with the social and individual interactive skills that are necessary for my personal and professional life. I hope that the Chinese Program at the San Francisco State University gives me the opportunity to become part of its

Company Law Essay Example | Topics and Well Written Essays - 1500 words - 1

Company Law - Essay Example Limited liability possessed by companies shield shareholders and directors from any costs related to the company’s failure. Genuine failure of business, which occurs even after a diligent management of a business, followed by a subsequent change of corporate entity, can be viewed as a legitimate utilization of the corporate form. Fraudulent phoenix activity, in its basic form, involves an entity carrying out its business via accumulation of debt with no intention of re-servicing the debt for wealth creation and giving a boost to the business’ cash flow (Hannigan, 2012). The corporate entity then liquidates in order to avoid being made to repay their debts. However, the business exists under a different name but is controlled by the same group of individuals. However, most fraudulent phoenix arrangements are more sophisticated than this. A typical arrangement of this nature is structured as follows: a closely held group is put up, consisting of various entities such as o ne, which plays the role of human resource management. The entity charged with hiring labor normally has one director who does not serve as the group’s ultimate controller. The entity has very few assets and minimal share capital. When the labor hire entity cannot fulfill its liabilities, it is put into liquidation or administration by the ATO. Another labor hire entity is put up, with the labor moved to work under the new entity, with the process being repeated with limited or no disruptions to daily operations. The financial benefits reaped from unpaid liabilities are then shared out among the whole group. An example of this involves a labor hire business with an annual turnover of thirty million dollars and negligible assets, which is made up of fragmented operations through fifty-three related companies. These companies lodged accurate BA statements but did not remit the amounts required under the PAYG system. The director of the single company then proceeded to liquidate all of the other companies in a matter of one week, moving his two thousand seven hundred strong work force into eight newly created entities and went on trading. The director then proceeded to flee the country with over eight million dollars in unpaid taxes. The labor hire firm continues its trade activities without complying with the set down obligations. Rule Australia’s regime of corporate law is based on the Corporations Act 2001, which provides for the separation of control and ownership and imposes specific duties on directors, aimed at ensuring that they stay loyal to the company (Macmillan, 2012). The duties that are expected from the director are, in addition to those they have, under general law. If a director gets involved in phoenix activities, then he or she breaches several director duties such as duties that concern proper information use, duty not to allow a company to keep accumulating debt during insolvency, and the duty of good faith. Fraudulent phoenix a ctivity could also involve contraventions of part 5.8A provisions of the corporations ACT that aim to protect the entitlement of employees, as well as voidable transactions. During these circumstances, civil recovery mechanisms, coupled with other general law features, which seek to protect company members and creditors against operators with unscrupulous intentions, may be started (Pennington, 2011). However, the Act required several amendments as