Trustee

I believe Congressional system should be based on a balance combination of a trustee and delegate relationship. While a congressman portrays the role of a trustee they are trusted to make a decision based not only on the will of the constituents but also based on his moral judgement on the decision placed before them. As a well-experienced and educated member on domestic/foreign issues there is a certain level of understanding and comprehension of various issues the Congressmen is informed that…

He defines trusteeship in simple terms: “The rich man will be left in possession of his wealth of which he will use what he reasonably requires for his personal needs and will act as a trustee for the remainder to be used for society.” Gandhi did not believe in inherited wealth for he was of the view that a trustee has no heir but the public. He did not favour compulsion in the surrender of riches because he believed that forcible dispossession of the wealthy would deny to society the talents of…

Bean and Whitaker Mortgage Corp., of a bankruptcy trustee for 5.5 billion dollars. The case is unusual because the plaintiff is the trustee of the individual that committed the fraud and is suing not its own audit firm but the audit firm of the institution it defrauded. The trial has the possible to influence public perception of auditors, as well as strategies to use the plaintiff lawyers that they are against within this cases. The bankruptcy trustee for Taylor Bean & Whitaker Mortgage Corp.,…

Joshua, Grace and Martin, it is clear that they have always wanted to open a business together which eliminates sole trader from the available list of business structure as only one person can own and control the business and have all the profit. Trustee, as well does not fit the situation as it is expensive to maintain the trust and most importantly it is more complex and sophisticated to set up than any other business structure. It has complex legal structure like problems may arise when…

the other person will act decently and not exploit their vulnerability. But consequences of trust can vary: the person who trusts another person is satisfied with the results of trust, or not satisfied for many reasons. One of the reasons is that trustee does not hold good intentions and does not act decently. Therefore, another defining characteristic of trust is the possibility of…

Estate Planning for Post-Divorce Individuals After a divorce, certain estate planning measures should be taken in order to ensure that your best wishes are intact in case anything unfortunate should happen. You will need to be sure that certain details are attended to, such as replacing your former spouse as a beneficiary of your will. If you are rearranging your estate and probate needs following a divorce, hiring a professional to assist you may be the best course of action. The following are…

because they will be following what the people want, and if they do not follow this, it could cause them to lose their seat in office the next election. Legislators will be less likely to listen to constituency opinion, when they are a trustee of their party. A trustee is there to make the decision based on their frame of mind. They are usually reelected because they make choices that their party will end up…

Guerroro argues that the manifest normal mandate is the best description of a political candidate’s support, wherein the manifest normal mandate (MNM) refers to the amount of support expressed for a candidate through the electoral system in a certain area (Guerroro, p.298-299). While Brennan’s “lesser of two evils” paradigm addresses the fact that voters must sometimes vote for a candidate they don’t wholly support, I think that Guerroro misses another important case: the fact that even if a…

borrowing for QEs. The Bond Bank tailors the debt process to meet the QE’s needs and produce the most favorable outcomes for the QE. The Bond Banks uses its established relationships to find the best legal counsel, financial advisors, underwriters, and trustee o develop the best strategy for the bond, from obtaining tax-exempt status when possible…

Attending court, for many individuals, is a highly stressful event. The main reason for the anxiety associated with going to bankruptcy court, or any other court hearing, derives from the uncertainty of the outcome. Hopefully, with additional information about what usually happens in bankruptcy court can curb some of the angst associated with using the US Bankruptcy Code to obtain relief from extreme debt. How Bankruptcy Court is Different In criminal court, there's a prosecutor and a…