Sunday, November 24, 2019

The Wounded Warrior Project Essays

The Wounded Warrior Project Essays The Wounded Warrior Project Paper The Wounded Warrior Project Paper The Wounded Warrior Project The Wounded Warrior Project (WAP) was started in 2003 in Ranked Virginia by John Amelia. During Johns tour his Marine Corps helicopter crashed killing four and injuring 14 more including himself. His experience coming home opened up many gaps in service delivery to wounded military members. To help fill in these gaps John created WAP in his basement with 50 dollars. Today WAP is one of the nations most recognized and fastest growing veteran service charities. Amelia brought together a group of people and raised $5,000. With that money they put together backpacks filled with comfort items (underwear, socks, calling cards, a CD player, t-shirt, and a pair of socks). For John it was easy to decide what to put in the backpacks because it is all the stuff he wanted when he returned home. In an article written by John he explains how the backpacks were a hit When I delivered those backpacks, they just caught on like wildfire, and got a call three or four days later from a guy at Bethesda and Walter Reed and he said, Can you get me any more of those? (Amelia n. P). The backpacks handed out by John and the WAP brought great success. John goes onto say how the backpacks was the major stepping stone to push WAP to the next level it just turned into so much more because every time we went there, warriors were inspired by stories that told them about other wounded veterans (Amelia n. P). Just like any other charity, the Wounded Warrior Project is to give help and bring awareness to people in need. In Wops 2012 annual report they state their purpose To raise awareness and enlist the publics aid for the needs of injured service members; to help injured servicemen and women aid and assist each other; and to provide unique, direct programs and services to meet their needs (WAP 2012, p. 6). The Wounded Warrior Project focuses its programs under four categories, mind, body, economic empowerment, and engagement. Mind programs include Project Odyssey and Restore Warriors, which help soldiers readjust into civilian life. The main body program is Soldier Ride, which helps maximize rehabilitation so soldiers can return to their normal lives faster. Economic Empowerment allows wounded warriors to pursue their economic goals by providing higher education programs and information technology training. Last but not least the Engagement programs are focused on keeping the wounded warriors involved with the charity. All of the programs outlined above can be found and explained in greater depth at www. Underproductions. Org/programs. Since Wounded Warrior Project was founded in 2003 their finances have grown at an exponential rate. In Wops 2013 annual report on page 28 lies the financial report. Outlined where assets accumulated to $1 77,862,039 and the total liabilities and net assets equaled to SSL 911 Thats an imaginable jump from $5,000 dollars just ten years earlier. With everything that WAP has accomplished and all the money raised there of course will be doubts. An article written by Tim Make goes in depth about some veterans feeling like Wounded Warrior Project is too concerned with raising money, then with actually helping the veterans. An interview held by Make and an unnamed veteran brings some light on this topic Theyre more worried about putting their label on everything than getting down to brass tacks. Its really frustrating (Make n. P). The veteran then goes on to say that he has never oaten any real help from WAP, only a backpack with razors, shaving cream, and socks. This makes you wonder, with all of the money raised by WAP, why did this veteran get so little and no real help? There are many ways for someone to help add donations to the Wounded Warrior Project. For me the most successful would be to organize a state wide run through a major city (Detroit). To enter in this run you will have to donate at least $10 to WAP. I feel like a running event would be optimal due to the previous success of other organizations using fundraisers that are similar.

Thursday, November 21, 2019

Company Law contracts Essay Example | Topics and Well Written Essays - 2000 words

Company Law contracts - Essay Example However, in Twycross v Grants1, Cockburn CJ went so far to state that a promoter is one who undertakes to form a company with reference to a given project, and to set it going, and who takes the necessary steps to accomplish their purpose2. In Whaley Bridge Calico Printing Co v Green3 Bowen J explained that the term promoter is a term not of law, but of business, usefully summing up in a single word a number of business operations familiar to the commercial world by which a company is generally bought in to existence. A promoter is an agent of the Company, as someone cannot be an agent of a non-existent principal Kelner v Baxter4. He is not a trustee (Re Leads). However, a promoter can be regarded as a Fiduciary (Finn, Fiduciary obligations 1977)5. Fiduciary obligations are duties owed to a third party to act with 'loyalty and good faith in dealings which affect that person' (Penner 2006). This means that the duty to act more than just acting honestly and fairly but rather the fiduciary 'must act to secure his principal's best interests and must not follow his interests. Lord Cairns LC explained the particular position of promoters as opposed to other type of fiduciaries such as trustees and directors in Erlanger v New Sombrero Phosphate Co (1878): They stand on my opinion, undoubtedly in a fiduciary position. ... They has in their hands the creation and mounding of the company; they have the power of defining how, and when, and in what shape, and under what supervision, it shall start into existence and begin to act as a trading corporation. The core duty of a promoter is not to make a secret profit from his position. In Kelner v Baxter6 promoters of a hotel company entered into a contract on its behalf for the purchase of wine the company, when incorporated, ratified. The wine was consumed but before payment was made the company went to liquidation.7 The promoters, as agents, were sued on the contract. Erle CJ, rejecting this argument and holding the promoters personally liable. It was exemplified by Natal Land & Colonization Co v Pauline Colliery Syndicate8, which the court from enforcing a pre-incorporation contract prevented the company made on its behalf. In Erlanger v New Sombrero Phosphate Co, a syndicate purchased a mine for 55,000.The syndicate then formed a company an through a nominees sold the mine for it for 100,000 without disclosing their interest in the contract. The mining operations were fruitless and the shareholders removed the original Directors and the new board successfully brought an action to have the sale rescinded. In Salomon v Salomon & Co Ltd9, the House of Lords took the view that if the Board was not independent, disclosure to all material facts should be made to the original shareholder. But note that in Gluckstein v Barnes10 the House of lords refined the duty further by holding that disclosure to original shareholders will not be sufficient if they are not truly independent and the scheme as a whole is designed to defraud the investing public11. As with directors, a promoter of a company selling property