Speaker presentation response paper Essay Example | Topics and Well Written Essays - 750 words

Speaker presentation response paper - Essay Example For instance, Mark Zuckerberg, the person who founded Facebook claims to have been inspired by his desire to communicate with people. Although the Facebook idea began as a small idea, Zuckerberg has become a global icon by simply following his passion (Dolbeck 1-2). Passion plays an important role when determining one’s career and future business, as success can never be achieved without contentment with what one is doing. Conceivably one more insight in the presentation that attracts attention is the inability of most people to realize their full potential because of low self-esteem. Irrefutably, one has to discover their inner ability to perform in any sector before they can achieve real success. One would argue that given the fact that the speaker makes quite some sense in their presentation, a number of issues such as the of winning contracts and tenders arise as controversial thus requiring more consideration. Whereas the speaker has encouraged investors to be cautious of the business environment, it is undeniable that modern business environment has become increasingly challenging making it difficult to begin businesses. For instance, small and medium enterprises often had to contend with the fact that large and well established multinational corporations such as Wal-Mart offer stiff competition. Indeed, many small and start up businesses have either been swallowed or simply failed to take root if established within the vicinity of these multinational corporations. Usually, prospective businesspersons must put into consideration their ability to win and implement contracts successfully before they fully commit to such business practices. This is majorly because various business ventures have unique challenges that their owners must fully understand in order to succeed. Moreover, the capital input is another crucial aspect in financing of start-up businesses. This is particularly so because while some ventures require small amounts of finances to st art, others require enormous capital input that might drain an individual hoping to establish a start-up. Whereas the speaker seems optimistic on the possibilities of small businesses to grow and make appreciable profits, starting too small makes such endeavors take longer time than necessary. This seemingly discourages many small investors to stay in the start up businesses until the break-even point. The speaker has controversially argued in support of success without prior exposure to a particular venture. This has been significantly true for iconic businesses such as Microsoft, Facebook, and Coca-Cola among others. People who had no prior experience in the respective fields started such corporations. However, modern business environment arguably dictate the need to have prior experience. It does not come by surprise that many business people have been employed in other related businesses at least at some point in their lifetime. Having prior experience makes a business investmen t more of a â€Å"shoot on target† than a â€Å"shoot in the dark.† Although prior experience seems to guarantee success, it hinders creative thinking on the other hand (Psychogios and Saso 4-12). The speaker discusses the need to have an idea of the business environment when thinking of investments. Having been a victim of deep financial losses in one of my business ventures, I can identify with his claim. The speaker

Rightly or wrongly there is now a presumption that the court will give Essay

Rightly or wrongly there is now a presumption that the court will give effect to a nuptial agreement - Essay Example ment of maintenance, both for the adults and for any children.†4 With divorces becoming more common, pre-nup agreements are now considered as important, where the couple decides (prior marriage) on how they wish to divide their assets, once they annul their partnership or divorce. Even though pre-nups are legally enforceable in many countries worldwide, in UK they are not legally binding on the courts. This article examines the present legal scenario in UK related to pre-nuptial agreements or â€Å"pre-nups† (more commonly referred to as â€Å"ante-nuptial agreements† in UK legal terms), in the context of the Radmacher v Granatino case. It explores to find out whether it is really true that under the present legal scenario, â€Å"the court will give effect to a nuptial agreement (before or after marriage) freely entered and understood, provided it is not unfair in the prevailing circumstances. It is no longer just one of the circumstances of the case.†5 The basis of this consideration arises from the fact that previously pre and post-nups were treated under UK legal system with little regard and a great deal of suspicion. In recent times, many high-profile divorce/annulment of partnership cases have seen outcomes where ‘ancillary relief’ (application for financial support) has been arbitrated/affected by pre-nup or post-nup agreements made in England.6 In the appeal Radmacher v Granatino,7 the judgement passed in March 2010 by UK Supreme Court was significant within UK legal systems, as here it was for the first time that a pre-nup agreement signed in Germany (prior to a marriage in England) was accepted and held binding by the UK Supreme Court. Discussion Background to marriage dissolution legal scenario in UK: Marriage  under UK family law is generally viewed as a contract,8 and to obtain validity for this contract the concerned parties would have to be unrelated within the specified prohibited ambit, must be more tha n 16 years of age, and the contract must be between a male and female who are not already married.9   If  any one of these ‘points of capacity’ was absent then the ‘contract’ was nullified, under various sections of the  Matrimonial Causes Act 1973 and the Marriage act 1949.10 Besides these ‘points of capacity,’ other formalities necessary to make a marriage valid, included, that the occasion be venerated, accredited, and registered. Furthermore, the partners must possess  adequate mental capacity to enter into the marriage contract, both, consciously and willingly.  11 Under UK legal system, there are two processes to dissolve a marriage contract.   If in a marriage there is a defect (within the realms of the aforementioned points), it is marked as voidable.  Here the partners can apply for a decree of nullity under the Matrimonial Causes