Monday, February 24, 2020

Family Violence Law Case Study Example | Topics and Well Written Essays - 1500 words

Family Violence Law - Case Study Example This paper analyzes the arguments in favor of and against treating Marcia as guilty. The Case Marcia Norman, 39, and her husband, Mitchell, had been married for 25 years and had several children. Mitchell did not work. He forced Marcia to make money by prostitution, and he made fun of that fact before family and friends. He beat her if she resisted going to a truck stop and offering her body. On a few occasions, he made her eat out of the pets’ bowls and insisted that she bark like a dog. He threatened to kill or maim her numerous times.   Marcia and Mitchell got along very well when he was sober. But early one morning, he was intoxicated when he went to a highway rest area where Marcia was prostituting herself and assaulted her. He continued beating her all day after they got home. She called the police and was told to come in and file a complaint, but she was afraid that he would kill her if she had him arrested. She ingested a bottle of pills, then panicked and called EMS . Her husband cursed her as the paramedics treated her and urged them to let her die. After they left, Mitchell continued to slap, kick and throw objects at Marcia. At one point, he put a cigarette out on her upper torso, causing a small burn. After he fell asleep, Marcia took their baby to her mother’s so that she would not wake him, returned with a pistol and killed him.   At trial, Marcia pleads self-defense, which is defined as â€Å"the necessity, real or reasonably apparent, of killing an unlawful aggressor to save oneself from imminent death or great bodily harm† (Given Case). When we consider the case North Carolina v. Judy Ann Laws Norman, we can argue that Marcia is not guilty even though she killed her sleeping husband. Judy Norman suffered a lot from the hands of her husband. Her husband forced her into prostitution and when opposed, she suffered a great deal of physical and psychological abuse from her husband. It was difficult for her to defend herself when she and her husband were in a physical encounter. So she killed him while he was sleeping. â€Å"A three judge panel of the intermediate appellate court, in a unanimous opinion held that there was sufficient evidence to support a charge of reasonable self-defense† (Angel 21). The above verdict is applicable in the case of Marcia also. She had no other way to escape from the brutalities of her husband. It should be noted that Mitchel (husband), disrespected her individuality and identity and forced her to live in accordance with the guidelines given by him. He used his physical and domineering strength to attack her both physically and mentally. Mitchel was denying Marcia the right to live on an equitable level as him. If Marcia had failed to kill him, he would have killed her. Using the â€Å"Self-Defense† argument could be a reasonable defense within this case. Under these circumstances, Marcia can argue that she tried to save her life from a certain death. Accor ding to U.S. Supreme Court Justice Samuel Alito â€Å"self-defense is a basic right, recognized by many legal systems from ancient times to the present† (Killing in Self-Defense). â€Å"The general criminal law allows for the use of deadly force anytime a faultless victim reasonably believes that unlawful force which will cause death or grievous bodily harm is about to be used on him†(Hobart). Marcia believes that her life is in danger and her husband may kill her at any time. It is reasonable for Marcia

Friday, February 7, 2020

Is Fuel Price Hedging profitable for airline industries Article

Is Fuel Price Hedging profitable for airline industries - Article Example Most airlines today hedge fuel costs. This has not always been the scenario. As recently as 15 years ago, fuel hedging was rare. European flag carriers used currency hedges previously to dilute their risk in fuel volatility In the last 12 years (From 9/11 particularly), unstable oil prices have caused a huge panic situation in the airline industry, a trend which will probably continue for some time. Crude price level rose to nearly $150 per barrel approx, later collapsing to below $40, and recently recovering back to $122 (Wyman) (Oilnergy). The past five years have been very intriguing for global airline industry. The state of the capital markets has not been too rosy itself leaving many corporations without much access to capital let alone cheaper rates In these times of significant modification and instability, it is a need that these airlines employ a feasible risk management program, allowing not only confronting the most challenging of times, but should also lead them to prosper in face of adversities. The question we will try to answer through this case study is that is it worth it in terms of profitability for airline Industry? Previously all airlines hedged their exposure with respect of an oil future. Future implies paying a decided price for an amount of oil on a stated date(s). Consider a company buying a this future of jet fuel at $10 per barrel and jet fuel rises to $18, that commitment protects $10 worth of jet fuel underlying from the consequent 80% increase in price. Airlines typically hedge between 30 to 70% of their expected fuel costs. The recent survey of 24 anonymous international carriers reveals a very important snippet of data (Mercatus Energy) Hedging instruments as we assumed initially only involved fuel hedging used futures contracts. Nowadays, the exposure can be hedged in considerable ways which includes the good old futures, comparatively newer forwards and the latest ones namely options with the limits like covered call and