Tuesday, May 19, 2020

The Chapel of Vence Art and Enlightenment - 1008 Words

The Chapel of Vence: Art and Enlightenment Best known for his use of color, Henri Matisse cleverly cultivated his status as a modern artist using many different styles of painting from Impressionism to Fauvism. The artwork of Matisse has been a milestone in the history of painting. Henri Matisse’s self-proclaimed masterpiece, however, a chapel in Vence, France, is a small, minimalist building. The amalgamation of modern art and the sacred creates a unique spiritual experience in that it welcomes Christians and non-Christians alike to appreciate the artist’s religious symbolism. The elegantly simple architecture of the chapel, the use of light in the space, and the binary of colors on opposite walls have a calming, cleansing, and†¦show more content†¦This binary of color palettes represents a juxtaposition between doctrine and spirituality: the black and white embody the Christian tradition while the harmonizing colors of the windows symbolize the trinity of sun , nature, sea and sky. Looking through the windows one sees the individual, vivid colors that are characteristic of Matisse’s art. As one steps back, however, the colors become identifiable figures and coalesce to become real, tangible images. The yellow and blue accentuate each other as our sensation is the most intense when two extremes are juxtaposed. Matisse uses color brightness, balance and contrast between colors to improve visual aesthetics. This combination of the dynamic and the static really makes the space come alive. Matisse’s Chapel of the Rosary in Saint-Paul de Vence epitomizes his modern style with its simple architecture, transcendental lighting, and color contrast. No less is this a religious experience than the visits to classic cathedrals that dominate the French landscape from the shores of Mont St. Michel, to the Ile de la Cite’s Notre Dame, to the countless other examples of the French expression of faith through architecture. I must admi t to surprise at this overwhelming reaction on my part to Matisse’s talent as an architect and designer. Winding up the mountains to this remote convent, my mind questioned the

The Tragedy Of The Holocaust - 1415 Words

Prior to the holocaust, however, he exhibits none of these characteristics. He was kind, wealthy, and uncommonly resourceful, and his marriage to Anja was filled with compassion, intimacy, and love. Where now Vladek is now stubborn, irritable, and almost comically stingy with his money. His experiences in the Holocaust undoubtedly played a role in these dramatic personality changes. It wasn’t until the war started that Vladek got a little more precautious about a few things. Whenever a bad thing would happen, Vladek would remain hopeful and trusted that things would go well for him and his family in the long run. Even when Vladek had to fight in World War II and was put in a prisoner camp with the most terrible conditions he still seemed to keep faith. However, one can slowly notice how Vladek becomes cautious about food and any kind of valuable. It is natural because he couldn’t get much so he had to be very careful about wasting anything. At times, he was willing to share, but he quickly realized that he had to fight for himself to survive and that everyone was responsible for themselves. He became a little careful about who his real friends were. ---- need uote here Now Vladek has not been able to recover from the mental, emotions, and physical harms that his life at Auschwitz caused him. He became incapable of trusting anybody, during the Holocaust, as well as to the present day. He quickly thought himself to become closed and shut-off to anybody and everyone. After theShow MoreRelatedThe Tragedy Of The Holocaust1708 Words   |  7 PagesThe Holocaust is, by definition, a tragedy. HaShoah, the Hebrew word for the Holocaust, translates to â€Å"the catastrophe.† The very notion of humor during the Holocaust may seem incongruous, appalling, and wildly inappropriate. Tragedy is seen as serious, while comedy is typically lighthearted in nature. However, there is precedence for ‘comic relief,’ the presence of humor in tragedy with the desired effect to relieve tension. Frequently, comic relief is used so that tragedy does not overshadow usRead MoreThe Tragedy Of The Holocaust945 Words   |  4 PagesSince the terrorist attack o n Paris, to the natural disasters in Haiti; there have been a variety of tragic events that have occurred throughout history across the world. Perhaps one main tragedy that leaves people feeling baffled is the Holocaust. Eric Lichtblau described the Holocaust in his article, The Holocaust Just Got More Shocking, as a genocide in which Adolf Hitler’s Nazi Germany and its associates killed approximately six million Jewish people because the Nazis believed that exterminatingRead MoreThe Tragedy Of The Holocaust1599 Words   |  7 Pagesassigned Adolf Hitler as their chancellor. Once Hitler had finally reached power he set out to complete one goal, create a Greater Germany free from the Jews (â€Å"The reasons for the Holocaust,† 2009). This tragedy is known today as, â€Å"The Holocaust,† that explains the terrors of our histories past. The face of the Holocaust, master of death, and leader of Germany; Adolf Hitler the most deceitful, powerful, well spoken, and i ntelligent person that acted as the key to this mass murder. According to a researchRead MoreThe Tragedy Of The Holocaust922 Words   |  4 PagesFrom the terrorist attack on Paris, to the natural disasters in Haiti; there have been a variety of tragic events that have occurred throughout history across the world. Perhaps one main tragedy that leaves people feeling baffled is the Holocaust. Eric Lichtblau described the Holocaust in his article, The Holocaust Just Got More Shocking, as a genocide in which Adolf Hitler’s Nazi Germany and its associates killed around six million Jewish people because the Nazis believed that exterminating the JewishRead MoreThe Tragedy Of The Holocaust1063 Words   |  5 Pagesreligious family and a tough culture surrounding him, the Holocaust effected his life to the extreme but along with all his suffering and the tragedies in his life the Holocaust did not take him. He stuck by his believes and made it out alive. Born in Vilna with pride, it gave an eminent name to the Jewish people. He has four sisters, Rachel, Sonia, Doba and _. Also his mother and father, nephews and nieces. All but Rachel and he died of the Holocaust. In Vilna the Jews lived on one side of the street andRead MoreThe Tragedy Of The Holocaust1540 Words   |  7 Pagesdiverse in the cause; it is the indifference and ruthlessness that an individual portrays. This sort of behavior accommodates society and encourages people to accept and follow its routine and principles, such as the events that took place during the Holocaust. During the time period of 1933 to 1945, Adolf Hitler, an Austrian World War I veteran, decided to partake in twisted behavior. Hitler believed that in order to do his nation justice, the nation needed an ethnic cleansing. This ethnic cleansingRead MoreThe Tragedy Of The Holocaust3499 Words   |  14 Pageshowever, the holocaust seems to be the huge adversity to overcome. The holocaust has taught the s ociety many things; although the world has not exactly learned from the experiences entirely. The holocaust is a learning experience still today, so that this generation will not repeat the same drastic measures. Many people today seem to think that the holocaust never happened; in spite of this, there are those that disagree. I have had the opportunity to listen to a firsthand account of the tragedy that happenedRead MoreThe Tragedy Of The Holocaust Essay1118 Words   |  5 PagesWithin the era of 1933 to 1945, races struggled through times of gloom, torment and hopelessness. The Holocaust was hard on numerous people, with little survivors and still influences individuals present lives today. The majority of the anguish was brought about as a result of one man’s conviction, that had the capacity to impact a whole nation. The holocaust was a genocide that was exclusively centered around hatred found in Germany. Propaganda was one of the main causes, which conditioned the peo pleRead MoreThe Tragedy Of The Holocaust1034 Words   |  5 PagesIn every moment, people make choices that impact society, continually shaping history. During the Holocaust, when the Nazi Party incarcerated millions of Jews, ordinary European citizens and their everyday decisions and shaped history through an amass of cause and effects. Their decisions were greatly influenced by their understanding of the universe of obligation, which sociologist Helen Fein defines as â€Å"the circle of individuals and groups ‘toward whom obligations are owed, to whom rules applyRead MoreThe Tragedy Of The Holocaust1970 Words   |  8 PagesThe Holocaust, 9/11, wars and assassinations are common events that come to mind when thinking about history. These events tend to make people think that mankind is evil and will always choose to be evil. However, when looking at the people behind the evil doings, are they really killing for a selfish reason? Mankind will always do good for their natio n, no matter the cost. While most powerful leaders end up hurting many people, they either have good intentions behind the mask of people suffering

Wednesday, May 6, 2020

Business Plan For Montebello Inn - 2754 Words

Montebello Inn. Business Plan Presented to: Dr. Paul Wilson May 2015 Carlos Portillo. Table of Contents 1. Executive Summary 2. General Business Description 2.1 Description of the product/service 2.2 Industry background 2.3 SIC and NAICS Codes 2.4 Company location and facilities 2.5 Litmus test 2.6 Goals and objectives 3. Marketing Analysis and Strategy 3.1. Target market and market segmentation 3.2. Competition 3.3. Pricing strategy 3.4. Promotion strategy 3.5. Marketing tools 4. Operations and Support 4.1. Quality Targets 4.2. Technology and equipment requirements 4.3. Service support 5. Management Team 5.1. Experience and expertise 5.2. Organizational structure 5.3. Culture 5.4. Intellectual property rights 6. Financial Plans and Projections 6.1. Company Ownership 6.2. Income Statements and Balance Sheets 6.3. Breakeven Analysis 6.4. Funding Needs and Sources 7. Risks and Opportunities 7.1. Possible Problems and Risks 7.2. Exit/Harvest Strategy 8. Appendix 8.1. Detailed Financial Forecasts 1. Executive Summary Hotel y Cabaà ±as Montebello Inn is a hotel and restaurant located in Mexico ´s second most important touristic point, Creel, Chihuahua, which is located right next to The Copper Canyon, whose magnitude is four times that of the Grand Canyon in Arizona. The hotel can host up to 150 guests and its restaurant can host up to 130 guests. It offers lodging, food service, and tours to the several attractions that these mountains have.

Is Cheating At School Getting Out Of Control - 872 Words

Nhi Pham Professor Genetti ENGL 1101 3 December 2015 Is Cheating At School Getting Out of Control? The clock is ticking at 1:00am and Joe is sitting in front of his computer trying to study for his Math test. â€Å"The test will be tomorrow at 7am. I don t understand any of this. I can’t even remember the formulas. What should I do?† Joe thought. But, why is he doing this at the last minute? Was it because of the addicting game â€Å"Battle Front† that he could not get enough of? Or, was it maybe because his girlfriend wanted to hangout yesterday? No matter how much he tried to makeup excuses for his actions, he knew that he was going to fail the test tomorrow. â€Å"There is only one way right now,† Joe said in determination. He started cutting out small pieces of paper and wrote down formulas in tiny handwriting. Yes, he is going to cheat. Cheating has become a serious and growing problem in school nowadays, especially in high schools. According to a survey in 1998, of 20,829 middle and high school student s conducted by the Josephson Institute of Ethics, 70% of high school students and 54% of middle school students have admitted to cheating. The same survey was conducted in 1996 and the number was 64%. The percentage increased by 6% in just two years. How about now? Is there any improvement of this problem? According to the article â€Å"Academic Dishonesty: Are More Students Cheating?† by Dorothy Jones in 2011, 92% of students said to have or know someone who had cheated. Why hasShow MoreRelatedThe Importance Of Cheating In My Life1519 Words   |  7 Pagesand no one seems to care – I do. Although people succeed every day by bending or breaking the rules, that does not make it a valuable victory. The sad fact is that sometimes cheaters do prosper. Cheating is the new norm in many facets of our lives, from sports to taxes. People who are good at cheating gain prestige and respect for working smarter not harder, but that is immoral and a fallacy. Cheaters devalue th e efforts of those who came before and those who will follow them in any particularRead MoreThe World Of Economy, By Steven Levitt And Stephen Dubner1517 Words   |  7 Pagesconnected by personal motivations or incentives. In the first chapter of Freakonomics, Levitt and Dubner focus on that the reaction of cheating is that humans demonstrate in response to incentives. The basics of economics are that positive and negative implications of incentives that people respond to throughout their entire lives (Levitt, Dubner, 2005). Cheating or acts of dishonesty will always be prominent, and humans will always aim to get more for less, which in terms of economics, maximizeRead MoreAnalysis Of The Overachievers : The Secret Lives Of Driven Kids Essay1173 Words   |  5 PagesRobbins ventures back to her old high school to examine the competitive efforts students are having to take to compete on the battlefield that is the education system in her book, The Overachievers: The Secret Lives of Driven Kids. Robbins explores the lives of multiple students who are stressed and pressured to maintain good grades and get into an Ivy League college. This text allows for intriguing insight on how the educational syste m has â€Å"spiraled out of control† and displays the different measuresRead MoreThe Influence Of Technology Essay1207 Words   |  5 Pagespass his classes. Hes plagiarized, taken illegal prescription drugs to improve his focus, obtained exam questions in advance and text-messaged his friends via cell phone to find quick answers to tough questions. Still, he doesnt see any of that as out of the ordinary. Sure, Ive used test banks, study drugs, text buddies, cyber-essays and picture messaging, he says. But so does everyone. (Vencat 2006) The problem about this trend is that it is becoming more and more acceptable within the academicRead MoreDomestic Violence : The Problem And Its Setting854 Words   |  4 Pagespurpose of gaining and maintaining control in a relationship. By gaining and maintaining control the abuser exerts their power by using dominance, humiliation, isolation, threats, intimidation and denial, and blame. Domestic violence can be physical, emotional and sexual or it can be a mixture of the three. Domestic violence not only affects the one getting abused but also any and all children that are in the household. Some female children that witness a mother getting abused grow up to believe thatRead MoreThesis Of Freakonomics1352 Words   |  6 Pagescomes late. The study finds out that the number of parents coming late increased as they put a $3 of fine. He explains that the incentive of $3 was too small, and the fine made the parents to not feel the moral guilt for showing up late, resulting in more parents being late. Levitt next examines the incentives that cause people to cheat. The first example of cheating is a story of teachers cheating in Chicago public schools. To avoid the risk of getting fired or getting penalty by the government forRead MoreMeet Ed Elephant Essay855 Words   |  4 PagesMeet Ed Elephant. Ed is still young, but is already getting big. An elephant can eat up to 600 pounds of food, every day! That s a lot! Ed is jumbo sized. So Ed has to eat a lot to fill up. Ed s always hungry. Just like Ed has to eat a lot, you have to remember huge amounts of schoolwork. Sometimes schoolwork can seem hard. Other times, it may just seem boring. Some people remember what they learned one day and forget it the next. Has this ever happened to you? The Educational Elephant, or EdRead MoreAcademic Integrity : The Moral Code Or Ethical Policy Of Academia1487 Words   |  6 Pages12, 2017 Q-course Section I Academic integrity is the moral code or ethical policy of academia. This includes values such as avoidance of cheating or plagiarism; maintenance of academic standards; honesty and rigor in research and academic publishing (Wikipedia). Academic integrity reminds students to work honestly without any type of cheating. Plagiarism is one way that breaks academic integrity. Plagiarism is when you take someone’s else’s work or idea without giving them credit or takingRead More My Educational Philosophy Essay1196 Words   |  5 Pagesthese aspects in my classroom alone. I am an education major at the present time; however, I am not aware of exactly which content area I want to set my mind on for the rest of my life. If I had my choice, I would teach in elementary or middle school. This is because I want to feel as though I have the maximum impact on my students, and I feel children of those grade levels are the most easily influenced by their teachers and peers. I do want to be a teacher, but I would also like to be a positiveRead More Television and Media - Daytime Talk TV is Immoral Essay1152 Words   |  5 Pagespublic. Daily, viewers turn on their televisions and many are bombarded with images of sex, drugs, and violence on the talk shows. Unfortunately, many people are either disturbed or affected by what they see. As Vicki Abt and Leonardo Mustazza point out in their article, â€Å"Coming After Oprah: Cultural Fallout in the Age of the TV Talk Show,† â€Å"Surely long-term exposure to this genre has consequences for the way we j udge ideas, behaviors, and ‘values’† . . .† (Abt and Mustazza 26). Despite many people’s

Leadership Strengths And Weaknesses

Question: Discuss about theLeadership for Strengths And Weaknesses. Answer: Introduction A leader is the one who has vision, hope and inner strength. A leader encapsulates passion, integrity, honesty, confidence, patience, positivity, perseverance, effective communication skills and innovation (Giles, 2016). The prime quality of a leader is that he should able to analyze and understand his thought processes and should try to communicate effectively and commendably with the team members and subordinates; which implies, a leader is required to possess interpersonal as well as intrapersonal communication skills. The leader needs to state his vision and explain the idea behind his insight, moreover, he is required to listen to and understand the opinions and views of his subordinates before making any decisions. Transformational and participative leadership styles suit best in contemporary corporate world. Being autocratic and dictatorial might curb the imaginations and innovative ideas of the team members making them feel restricted and suffocated. Assertive and democratic styles empower the team to come up with novel ideas and indulge in achieving the desired targets. It should be remembered that a leader is the one who formulates, communicates and implements the effective strategies and practices which determines the success of an organization. However, mere effective communication does not make anyone a leader; when someone has the power and potential to motivate, encourage and inspire the team or boost the morale of the subordinates to think out of the box and execute the tasks with optimism, then he is known as a leader (Peng, 2014). A leaders foremost responsibility is to induce the team to work together to achieve the individual as well as organizational objectives. Therefore, leaders need to foster shared vision, strong relationships and collaborative actions. Leadership can go wrong if the person focuses on exercising power, political scheming and using or exploiting relationships. A leader is not someone who believes in ethical lapses and sh ortcuts. All such activities prove to be detrimental to the organization in terms of reputation and profits (Michael Linda, 2006). Effective leader is the one who inspires commitment and constructivism, who leads as a peer problem solver, who sustains hope and participation and who encourages consensus decision-making. After knowing the facets of leadership and understanding the leadership qualities; it is important to conduct a self-assessment to know the true self and unveil the traits or qualities, strengths and weaknesses. It is quite beneficial to analyze the personal character, behaviour, thought processes and beliefs to understand the relationship building capability, leadership potential and decision-making ability in personal and professional arenas. Learnings about 'Self' Through Self- Assesment To get the true reflection of self and to accept it in a progressive manner is a great way to deal with the strengths and weaknesses. After the self-evaluation, it has been discovered that enormous amount of energy prevails when it comes to activities which require creativity, art and innovation. Personally, logic is where the heart is; to follow the heart is to cease the regret. Always being materialistic and practical invites apathy and ambiguity. Trusting the intuition has always been the source for contentment and gratification. It has also been revealed that motivating people and providing them with solutions and alternatives to get out of the issues and troubles gush the heart with peace and happiness. This is the most valuable evaluation as it divulges that at personal front, the essence of life is to sort out the issues of people, empathize with them, make them strong and bring the same strength, energy and zeal in the personal life. The belief is that boosting the morale of others basically makes a person stronger. The self-assessment shows that it takes a lot of over-thinking and anxiety to undertake a critical task either at professional front or at personal front; therefore, the stress of potential outcomes or results shake the confidence level. At times, in order to avoid major hassles and annoyances in life; personally, there is a tendency to follow the hurdle-free and less risky path. Differences or Similarities in Perceptions Having discussed the self-assessment with one of the transparent and unbiased colleagues; it has been proved that in order to maintain the positivity and exuberance in life, the two trails which are followed are; either empowering the people to face the hurdles or avoiding risks and perils. According to the colleagues assessment; leadership qualities like honesty, integrity, effective communication skills, high morale and novelty are being possessed but at times the fear of losing control over smooth running life makes vulnerable to emotional weakness and indecisiveness; which is not a quality of an effective leader. Relationship at Professional Front As a new and young leader; the foremost attribute that has been inculcated is the high ethical and moral standards; the same has been expected by the subordinates and juniors. There is transparency, fairness and equality in terms of allocating tasks, executing strategies and implementing plans. This builds a culture of trust and loyalty. Secondly, the effort to adopt transformational leadership style by creating an inspiring but realistic vision, motivating and stimulating people extrinsically and intrinsically to generate amazing ideas to engage with the vision and building a strong and cohesive team make the relationships stronger and healthier (Avolio Yammarino, 2013). Moreover, the participative or democratic style empowers employees to provide inputs and contributions or discuss their issues and problems with the leader; therefore being a leader, comforting the employees and guiding them is the prime responsibility. Motivated employees are emotionally stable and sorted, they turn out to be energetic and innovative; they contribute a lot in the achievement of goals and objectives. They even try to nurture the professional relationships. Therefore, such traits of a leader have positive impact on workplace relationships. Fostering Strenghts and Minimizing the Weaknesses In order to utilize the strengths in the best possible manner; it is a prerequisite to analyze and understand the mind-set of the team members and to apply the required qualities as demanded by the situation (Neil, 2014). In case the employees are not charged enough to conduct their roles and responsibilities then they should be provided with direction and motivation; if they are pre-occupied with some troubles or dilemmas, then they would be required to undergo counselling and mentoring sessions; if the employees need to understand the process and procedure to execute any task then coaching and training classes would be conducted (Bhatia Paz, 2013). This is how the employees would be able to develop sense of interdependency, trust and belongingness. This would also reinforce the strengths and competencies. Since, strengths are meant to be fostered and weaknesses are meant to be understood, accepted and minimized; it would be essential to try and eliminate the weaknesses which are hurdles in the path of becoming an effective leader. Facing the hassles in personal and professional grounds or not escaping from the challenging and demanding circumstances and imbibing the risk-taking ability would be the first step towards becoming a great leader. Though, stepping out of the comfort zone is quite challenging but that is what the spirit of leadership is. There might be political scheming at the workplace to turn down the morale but that needs to be sensibly and wisely tackled. References Avolio, B. J. Yammarino, F. J. (2013). Transformational and charismatic leadership: The road ahead. UK: Emerald Group Publishing. Bhatia, S. Paz, E. (2013). Role of Team Leader Coaching in Buffering Contentious Communication from Influencing Team Outcomes. Academy of Management, Vol. 3, no. 1, pp. 390-489. Giles, S. (2016). The most important leadership competencies, according to leaders around the world. Viewed 6 September 2016. https://hbr.org/2016/03/the-most-important-leadership-competencies-according-to-leaders-around-the-world. Hinkin, T. R. Schriesheim, C. A. (2015). Leader reinforcement, behavioural integrity, and subordinate outcomes. The Leadership Quarterly, Vol. 26, no. 6, pp. 991-1004. Johnson, R. (2015). 5 different types of leadership styles. Viewed 6 September 2016. https://smallbusiness.chron.com/5-different-types-leadership-styles-17584.html . Michael, B.E. Linda, K. (2006), Ethical leadership: A review and future directions. Journal of the Leadership Quarterly, Vol. 17, pp. 595-616. Neil, K. (2014). The Strengths Weaknesses of a Task-Oriented Leadership Style, New York: Demand Media. Northouse, P. G. (2015). Leadership: Theory and practice. CA: Sage publications. Peng, T. (2014). Motivation to lead: linking leader regulatory focus, leadership behaviours, and motivational and cultural moderators. Academy of Management Journal, Vol. 50, pp. 715-729. Rick, S. (2014). Ethics Quotes at Brainy Quote. Viewed 6 September 2016. https://www.brainyquote.com/quotes/keywords/ethics_4.html.

Australian Corporate Law for Trump Development - myassignmenthelp

Question: Discuss about theAustralian Corporate Law for Trump Development. Answer: Trump Development limited Company has breached its constitution by borrowing money to expand its operations from overseas financial institutions against the companys constitution provisions that requires it to source financing from the Approved Australian Financial Institutions. It is important to note that the company has 4 directors whereby the majority 3 directors are keen to expand the companys portfolio to include Casino developments in Caribbean, Atlantic City and Las Vegas. The companys constitution allows the minority shareholders in a company to negotiate their terms of relationship with the others as well as to protect their interests. In this particular case, a more conservative director Hillary was not in agreement with the other three Big Donald, Little Marco and Bernie to deviate from Core Companys objective of developing residential properties in Sydney Melbourne and other capital cities. Article 141 of the Australian Corporations Act, states that a companys constitution is clear and supreme than the replaceable rules because it provides the framework through which the management of the affair of the company are anchored[1]. Replaceable rules can be enacted by majority of the shareholders in the interest of the company but should not violate the constitution[2]. In this particular case, one of the non-executive directors Slick Willy flouted the provisions of the companys constitution by seeking funding from overseas financial institutions to enhance expansion of Trump Development Limited into casino markets which terrible failed as a result of capital exhaustion. As a result the company ended up experiencing cost overruns in building the casinos therefore limit its capacity to continue its core operations in the real estate sector. Directors have the duty to act in the interest of the company by engaging in actions that benefit the shareholders. They also have a duty to avoid a conflict of interest by engaging in transactions for the sole purpose of improving the prospects of the company[3]. Looking at this particular case, the three directors were acting in the interest of the company by expanding the companys portfolio to include casinos because that would earn Trump development more revenues and profits. It is important to acknowledge that the companys constitution generally specifies the rules that govern the activities if the company, its directors and shareholders. The corporations Act does not prescribe the rules that must be incorporated in companies constitutions. On that regard, the company through its directors can choose to modify the provisions of the constitution through replaceable rules. This is done through a vote by the directors and each of their votes carries equal vote[4]. The majority are supposed to pass any constitutional amendment resolution. In this case, if the three directors amended the companys constitution regarding the financing of companies operation to include overseas financial institutions, then they will not have violated the constitution and neither have they violated the Australian corporations Ac. Once it has been proved that the directors were acting in the best interest of the company, the resultant liabilities cannot be blamed on the company because they took an investment risk whose outcome can either be positive or negative. Bibliography Australia. Australian Corporations Securities Legislation 2011: Corporations Act 2001, ASIC Act 2001, related regulations. Sydney: CCH Australia Limited, 2011. Cassidy, Julie. Concise Corporations Law. St, Leichhardt NSW: Federation Press, 2006. . Corporations Law: Text and Essential Cases. St, Leichhardt NSW : Federation Press , 2013. Roman Tomasic, Stephen Bottomley, Rob McQueen. Corporations Law in Australia. St, Leichhardt NSW: Federation Press, 2002.