History and development of international law Essay

History and development of international law - Essay Example Despite existence of the political, global and territorial differences the whole world is considered as a global village and such concept mainly enhances the idea of universal brotherhood. At the same time in the context of trade, cultural intercourse, the idea of globalization plays a major part. In this context it needs mentioning that no matter how much the globalization aspect seems positive and flawless but at the same time it includes several lacunas. In this global society also the superior nations are finding an opportunity to show their aggression, to inflict oppressive approaches towards the other nations, their people and their economy. The rate of crime has also increased to a great extent and most of the criminal, after committing the criminal deeds flee to other nations to seek shelter. As administrative system of a particular nation does not have the power to exercise the hold over other jurisdictions, the fear of being caught is reduced to a great extent for those cri minals. At the same time economic aggression is also taking a brutal shape. According to modern international treaties in the post World War II situation it has not been possible for the nations to exaggerate the power of politics to express their imperialistic mentality. Thus, those nations have adopted the procedure of economic aggression through which a superior nation can enjoy economic hold over the other nation through trade relationship. Thus, the importance has also been realized by legal scholars that there must be some kind of restraints that prevent one nation to become havoc over the other. These are some of the typical situation; rather problems at the international level that generated the emergence of this new discipline of legal jurisdiction: International Law. Legal and scholars of jurisprudence have attempted to provide definition of the International Law in different

Exotic Flowers Ltd Coursework Example | Topics and Well Written Essays - 750 words

Exotic Flowers Ltd - Coursework Example The negative cash flows at the end of each month are a worrying sign for any business but these can be financed by either some short-term financing or long-term financing method. The short-term financing method would include the small bank loans such as overdraft facilities offered by the banking institutions to its clients on a regular basis. Through the overdraft facility, the bank offers some amount to its client and that amount has to be paid off by the client within a short span of time usually 12 months. The long-term financing would include a loan which would be repayable after a long period of time usually 10 years or more but this sort of long term financing would cost more because the banks or the financial institutions would charge higher interest for a longer period of time. The best suitable financing mode for Exotic Flowers Ltd would be to use short term financing facilities such as overdraft facility that would hold little interest charge and the company would be able to repay it as soon as they end up having a positive cash flow. Based on the cash flow results, Adam and Tom should continue with the proposed plan of starting Exotic Flowers Ltd even though the business gives a negative cash flow in the opening year of the business. The business turns into a profitable venture in the second year of operation and the profits are considered to grow at a good rate. This growth in the profit and the revenue suggests that the market for the flower business is a very profitable and growing market and until and unless any stiff competition is faced, the company would grow extensively. The negative balances in the opening year of the business operation and the first month of the second year would have to be financed through short term