Gulf Regional Legal Environment of Business Essay - 4

Gulf Regional Legal Environment of Business - Essay Example Rules are necessary in each of our lives since it gives us protection when we are victims and aids in punishing unlawful acts. Individuals who do not obey the laws and subject us to oppression have to face the consequences. If we were to live in a society without laws that can control how we handle things, most of us would be taken advantage of by our superiors and thus we will suffer. Without laws, people make decisions based on their principles hence facilitating crimes. Laws therefore prevent each of us in the society from crimes. The parental principle of law protects individuals from themselves. Laws state that all children must go to school. Most children would not naturally like the idea of going to school. Laws also protect some of the employees from being exploited by their employers. The donation principle of law enables employees acquire services pertaining to their welfare. Welfare laws grant aid to the individuals unable to provide for themselves. Maintaining social cohesion is one of the roles of legislation in the society. Laws ensure that social cohesion is maintained by reinforcing values and providing ways of solving conflicts (NAIM, 2002, p. 27). Social cohesion is vital in a society as it provides continuity of the principal values of a community by providing guidelines. The current legal system in our society gives people freedom besides setting the limits regulating such freedom. A legal system is important in the modern society as it helps in protecting everyone in the society. Child-abuse in the contemporary modern society is curbed through laws (CAMPBELL & CAMPBELL 2009, p. 56). Law does not take into consideration the personal or religious needs but focuses on protection of rights. Whether the man confesses or repents of the sins they have committed, law does not give adjustments but follows what is in course. Laws are, therefore, important in the society as they give protection to members of a particular

Exam Speech or Presentation Example | Topics and Well Written Essays - 1250 words

Exam - Speech or Presentation Example This leads to mistakes while driving and accidents follow. Similarly, driving at extremely high speed increases the number of accidents because any slight driving mistake at such high speeds are fatal. Reckless driving also increases rates of accidents through collision with other vehicles, pedestrians or objects along the road (Hour, 2007). The coefficient of determination can be directly obtained from excel’s summary of output. It is given by the value for R2 in the summary output. According to the data, the coefficient of determination is given by, Coefficient of determination represents the proportion of the dependent variable that can be explained by the explanatory variables. The value from the output statistics therefore indicates that the regression formula explains about 64.32 % of the data. The correlation coefficient indicates the degree and direction of correlation between variables. It shows how strong the variables are related with high absolute values (closer to one) indicating strong correlation while low absolute values (closer to zero) indicates weak correlations. Positive values of the coefficient of correlation indicate a direct relationship between the variables while a negative value indicates an inverse relationship between the variables. The value of coefficient of correlation, 0.802, indicates that the age and number of concerts visited are directly correlated. The correlation is further identified to be strong as the coefficient is closer to one. The model represents a multiple regression. This is because simple regression is characterized by existence of a single explanatory variable while multiple regressions have more than one independent variables. The model under consideration has three independent variables, which qualifies it for a multiple regression. Where y is the age at death and x1, x2 and x3 are