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Trust Can Make or Unmake Organizations, 2005. An explanation that lack of trust, and lack of understanding about how trust operates, can impede economic activity and erode quality of life. 2,098 words (approx. 8.4 pages), 4 sources, MLA, $ 65.95 »
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Abstract The paper explains that trust is a key enabler of cooperative human actions. The writer shows that the intensified studies on trust in many relevant fields, in effect recognize the importance of cooperative behavior to the success of any human endeavor and, consequently, to the success or failure of an organization. The writer describes how it was found that trust leads two other basic mechanisms by which such cooperation can be achieved in human behavior, the other two being power and the market. In conclusion, the writer cites examples where trust of employees has brought about innovation and improved economic efficiency. The writer states that the lack of trust can have adverse consequences.
Table of Contents:
Trust
Socio-Economic View
References
From the Paper "When Hong Kong was scheduled to revert back to China on July 1, 1977 under an agreement signed between the British and the Chinese in 1984, there was great concern and fear among the populace of Hong Kong. The handover was announced to the world at least five years before. So during this entire period, the thought uppermost in people's mind was: What will it be like when the People's Liberation Army or the Red Guard, in whose hands the blood of the 1989 massacre in Tiananmen Square was still fresh, cross the border bridge at Lo Wu?"
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Life Insurance and Trusts, 2004. A look at the phenomenon of combining life insurance with trusts to provide better family financial security. 2,512 words (approx. 10.0 pages), 7 sources, MLA, $ 76.95 »
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Abstract Life insurance and trusts are two financial arrangements that provide security to the family and living relatives of the owner of a property or trust. This paper looks at insurance and trusts and how these can be used for better financial security and risk management.
Introduction
What is a Trust?
Elements of Trusts
Determining a Trustee
Types of Trusts
Inter Vivo Trusts
Testamentary Trusts
Unit Trusts
Purpose (Objectives) of Trusts
Life Insurance Trusts
Benefits
Drawbacks
Trusts and Case Law
Conclusion
From the Paper "Financial risk management is an important concept in the field of management. A person with an established business, occupation or source of income can suddenly take ill, resulting in the loss of that income which depended on him to generate. This can be a serious loss for him and others who depend on the income. There are two financial instruments which are available which can continue to provide to him or his dependents financial compensation or income based on his previous investments. For monetary investments which had been paid on regular intervals, there is the instrument of life insurance. For property owned, there is the instrument of trusteeship. [Trusts & trustees 2003]."
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Trust, 2002. This paper discusses and explains the concept of trust. 1,930 words (approx. 7.7 pages), 2 sources, APA, $ 61.95 »
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Abstract This paper is an illustration of the different aspects and concepts existing in context to the popular perspective on trust. The author looks at trust by analyzing two works by Martin Hollis, "Trust Within Reason" and "The Philosophy of Social Science: An Introduction". The writer investigates generalities and historic interest in the issue of the perspective on trust, trust in relativity to society, complexity and harsh realities in context to trust.
From the Paper "One of the most wide and diverse scopes of study that the human race has ever set out upon is apparently that regarding the human brain, particularly in regard to the source within humans of emotion, of sentimentalities and feelings such as love, trust, fear and animosity, the reason for this diversity being that no one has, till today, come upon a concise and assertive theory as to the implications of these feelings.
That is to say that, although the feeling meant to be depicted via the emotion is clear but, however, what is not clear is the reason inherent to the implementation in the first place. There has been an increasing interest in the social sciences in recent years in explaining trust."
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Personal Trust and Self-Confidence, 2008. This paper describes a personal experience in which a person, Steve, whom the author trusted, has let him down and how this occurrence affected the author's sense of personal trust and self-confidence. 1,400 words (approx. 5.6 pages), 2 sources, MLA, $ 46.95 »
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Abstract This paper relates that, in terms of self-concept, the author of the paper learned from his altercation with Steve that his self-esteem was directly impacted by the loyalty of others, which he had never sensed before in other similar experiences. The author realizes that he too often makes sweeping generalizations about others, possibly caused by his desire to trust without hesitation, which has led to many instances of disappointment that affected his self-esteem. The paper relates that this epiphany has given him a great deal of personal strength. The author states that, instead of viewing the situation as a new generalization that no one can be trusted, he was able to see that he can always trust himself to get done what needs to be done. The author underscores that, in terms of Steve's behavior, while many people try to follow the social rules around them, some are unable to actually handle the relationships with others thus they inflate their own self-concepts.
From the Paper "At this point, I had stopped searching for a used car. I had utmost confidence that Steve would come through, despite his recent lapses in communication. Another week passed, and I received no word of my car. I decided to call again. There was no answer. I began to realize that there never actually was an answer--only the answering service. I called and called. I became desperate. School was about to begin and I had no vehicle and no supplemental income. I had been waiting for Steve...but, who was Steve? In the end, Steve did call me back. It was over a month later that I received the call, only to be curtly chastised for my annoying requests."
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Anti-trust Enforcement, 2006. Examines whether anti-trust laws are a help or a hindrance to the economy. 2,830 words (approx. 11.3 pages), 14 sources, MLA, $ 84.95 »
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Abstract Trusts are viewed as competition destroyers which attempt to control the market for a product. Anti-trust laws arose out of the abuse of such trusts and these laws persevere to this day. This paper questions whether the government's enforcement is executed when the economic climate is right or whether the enforcement is occurring at regular intervals. It also questions whether certain corporations, like Microsoft, are unwitting targets of the government. The overall question in this paper is whether the enforcement of anti-trust laws harms American competition. The response lies in the history of anti-trust laws, the enforcement of such laws and the meaning of competition within economic understanding.
Paper Outline:
Introduction
The History of Anti-trust Laws
The Sherman Anti-Trust Act (1890)
The Clayton Anti-Trust Act (1914)
The Federal Trade Commission Act (1914)
Robinson-Patman Act (1936), Celler-Kefauver Act (1950) and The Hart-Scott-Rodino Antitrust Improvements Act of 1976
Competition
Enforcement
Has the Microsoft Anti-trust Case Helped or Hindered American Competition?
Has the Hart-Scott-Rodino Act Helped or Hindered American Competition?
Conclusion
From the Paper "In 1911, two decades after the Sherman Act was passed, the U.S. Supreme Court found that the Standard Oil Company and the American Tobacco Company exerted unlawful monopolistic authority. This was the first major court decision since the Act was passed. The two mentioned companies were forced to dissolve into smaller firms that would compete against each other. The courts have not been consistent when interpreting the meaning of monopoly power under the Sherman Act either."
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Trusts, 2005. This paper discusses trusts, a legal instrument through which both personal and real property is held by one individual for another individual's benefit. 815 words (approx. 3.3 pages), 3 sources, MLA, $ 29.95 »
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Abstract This paper explains that a trust may be created by (1) transferring property to an individual designated as trustee during the lifetime of the settlor or by will or other disposition to take effect upon the settlor's death, (2) by declaration by the owner of the property that the owner holds identifiable property as trustee or (3) by exercise of a power of appointment in favor of another person as trustee. The author points out that the trust shall act in accordance with the express terms of the trust instrument, act impartially, administer the truth property with reasonable care and skill, maintain complete accounts and records and perform taxpayer duties. The paper stresses that an individual wishing to form a trust should employ a trust attorney to guard that the trust is in the desired form.
Table of Contents
Definitions and Terms
Trustee and Delegation of Duties
Summary and Conclusion
From the Paper "Requirements for the creation of a trust are not uniform throughout all of the states however; the following elements can be understood to be 'typical' in terms of requirements for the creation of a trust: (a) Consideration: not required although in the absence of consideration there is a question relating to possible transfer of fraud of creditors; (b) Legality: the trust must be created for a lawful purpose; (c) Capacity: The settlor must have the mental capacity to create the trust however; the beneficiary's capacity is immaterial and many times is the primary reason for the creation of the trust; created because the beneficiary is lacking either in the legal or actual capacity needed to manage the property that is assigned to the trust. "
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The Law of Trusts, 2007. An overview of the British laws pertaining to secret trusts and half secret trusts. 2,167 words (approx. 8.7 pages), 16 sources, APA, $ 67.95 »
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Abstract A critical analysis of the law of trusts relating to secret trusts in "Blackwell v. Blackwell" and the necessary formalities of intention, communication and acceptance and those requisites evident in the Law of Property Act [1929].
From the Paper "Secret trusts are problematic because in order to prove existence of the trust, evidence that is not in the form, as required by s. 9 Wills Act [1937] must be admitted, but as these cannot be altered, they are clearly inconsistent with the Wills Act [1937]. Secret trusts directly conflict s.9 because a testator is able to make a testamentary disposition without encountering the required formalities at all. In fact, the testator can dispose of the property on death orally by informing the secret trustees. In avoidance of publicity of the will, testators fail to comply with the necessary requisite formalities that are stipulated in s. 9 of the Wills Act [1837].
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Organizational Trust, 2006. An in-depth discussion regarding trust in a law enforcement workplace. 10,671 words (approx. 42.7 pages), 24 sources, MLA, $ 212.95 »
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Abstract This paper focuses on the area of trust in the organizational aspect, and specifically in a law enforcement organization. The paper looks at how one obtains and maintains trust in a law enforcement organization, as well as trust in some personal aspects. This paper also evaluates the universal definition of trust or the lack there of. Furthermore, the research discusses the different types and levels of trust that exists in everyday relationships and organizational relationships, as well as what the significance of these relationships is. The paper further discusses how the more trust an employee has in the organization, employer and co-workers, the better performance and dedication to work is.
Outline:
Chapter 1: Review of the Literature
Chapter 2: Review of Current Research
Conclusion and Recommendations
From the Paper "The accumulated findings of the working group's conferences and workshops informed the Foundations recent invitation for research proposals. The Foundation aims to fund focused, empirical investigations of trust in concrete social scenarios - such as doctor-patient relations, or the relationship between elected officials and their constituents - where trust, or the lack of it, has clear, measurable consequences. To qualify for funding, these investigations will have to provide an explicit, theoretical account of the function of trust, together with a plausible strategy for testing the theory empirically. Three full proposals were funded in November 1999, together with four smaller exploratory proposals looking at trust in public bureaucracies, trust in physician-patient relationships, the risks of trust, and the faith people place in third party information when evaluating a potential partner's trustworthiness. ("Examining the Role of Trust in Society," 2000, p. 328)"
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"Truth, Trust, and the Bottom Line", 2004. An analysis of the book, "Truth, Trust and the Bottom Line", by Diane Tray and William J. Morin, which is about how trust plays a significant role in effective management and good leadership. 1,547 words (approx. 6.2 pages), 3 sources, MLA, $ 50.95 »
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Abstract This paper on "Truth, Trust and the Bottom Line" presents a critique on the book written by Diane Tray and William J. Morin. This paper basically outlines the seven steps and the message highlighted by the authors in their book. This paper also highlights various quotes to support its claim.
From the Paper "The authors of the book also go on to explain how trust can be built by following seven steps. The book is ideal for leaders, managers, CEOs and directors who want to learn and improve how to coach and attain feedback. The book primarily outlines a seven step process that explains to the readers, effective ways of deputizing themselves in order to capacitate and retain their employees while accentuating bottom line results while enjoying themselves in the process. The authors have written the book in a manner that captures the heart and mind of its readers, thus resulting in a positively fomenting and reviving undergoing."
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Brand Trust, 2002. Examining how the concept of brand trust has impacted consumer markets. 640 words (approx. 2.6 pages), 4 sources, MLA, $ 22.95 »
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Abstract Brand trust is a very important part of the American marketplace. When consumer develops a trust or loyalty for a certain brand they may use that brand for the rest of their lives. The drive to create these lifetime consumers convinces firms to spend millions to advertise and develop new products. This paper reviews and analyzes the literature on the subject of brand trust and the impact that brand trust has on the marketplace.
From the Paper "According to an article in The Chief Executive a brand is ?a guarantee of a certain quality or aesthetic experience extended by a firm to its customers?Firms placed their brands at jeopardy every time they breached their implied contract with customer expectations.?(?Brand Blowout?) The article asserts that when a customer trust the quality of the brands that they purchase the company that produces the brand must ensure that the quality of the product is maintained. When a company fails to do this customers? may choose to abandon the brand and purchase brands that are produced by competing firms instead."
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Internet Trust Certificates, 2006. An in-depth look at Internet trust certificates and signatures with regards to Internet electronic commerce and legal deals. 10,375 words (approx. 41.5 pages), 20 sources, MLA, $ 208.95 »
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Abstract This paper takes an in-depth look at the emergence of Internet trust certificates and signatures, and how they will extensively increase the security of Internet electronic commerce and legal deals. The paper first defines and discusses trust in relation to the internet and then outlines the companies that are supposed to provide the solution to consumer confidence and voluntary self regulation that is required in the electronic marketplace, as well as the amount of personal information that a user is willing to allow to become public via the internet.
Contents:
Introduction
Literature Review
What is The Background of These Organizations - BBB Online, Truste and Verisign Inc?
What Are The Services They Provide to The Organizations?
What Are The Guidelines of The Certificates Issued by BBBOnline, TRUSTe and VeriSign Inc?
Evaluate The Certificates to Find Out Whether They Really Stop Mistreating of Personal Information, and Are There Any Loopholes Within The Certificates
Do Consumers Really Feel Safe by These Certificates?
Conclusions
From the Paper "The reason for this may be considered to be psychological to a certain extent. An unwanted mail on the e-mail address needs just a click in order to dispose off, and it is a major problem that computer users have been facing for a long time. Even nowadays, all the free amount of e-mail services lead to a great amount of mails which come in, and still several people make use of free e-mail. Thus it is quite possible that the individuals are being accustomed to that sort of great trouble. On the other hand in the case of an unwanted phone call, it can usually come at any hour of any day, and one may not even like to attend to the phone in order to get rid of the people. It is also very true that postal mail is somewhere in between and certain of the individuals are being accustomed to even throwing away of the mails without even opening the mails. Thus, it is quite possible that the classification of the information is quite based on the harassment which it causes to the individual. (Trust in the Internet: The Social Dynamics of an Experience Technology)
To a certain extent, when a person uses the Internet for a while, he tends to develop a higher level of trust in the Internet. There have been different analyses which talk about two general types of cyber trust. One of these categories can be called as "Net-confidence" and the other can be called as "Net-risk". Considering individuals in these two categories help in analyzing the trust that individuals have in Internet. The analyses show that:
- In general continuing users of Internet have more surety and more confidence in the information and people whom they can access via the technology than others who do not use Internet, with several non-users having no opinion about how much of trust can be placed in the Internet."
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The Split Capital Investment Trust Crisis, 2003. An analysis of the reasons for the split capital investment trust crisis 2001 - 2002. 1,446 words (approx. 5.8 pages), 10 sources, APA, $ 47.95 »
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Abstract This paper examines the structure of the barbell trusts, believed to be one of the main causes of the capital investment trust crisis 2001 - 2002. It looks at how the demand by investors seeking high annual returns in today?s almost inflation free economy was successfully being met with barbell investment trusts in a period of buoyant stock markets and how the years 2001 and 2002 saw a fall in stock markets which these barbells could not handle. It shows how these investment trusts were structurally flawed, geared only to a bull market and were seeping in complex risk that very few really understood.
From the Paper "Falling markets and the forced selling of shares by banks, in an illiquid market lead to disproportionate share price drops. The asset base of these funds was being eaten away at. Consequently, an even higher yield was now required to meet dividends as there was less capital to work with. Analysts had warned that barbells were offering unrealistic high headline dividend yields. Barbell trusts found they could not meet the headline dividend yields that they had offered. Most barbells hadn?t been in operation long enough to build up revenue reserves. As a result, a few barbells failed to meet their dividends and dividends had to be cut. However a dividend cut by one trust did not solely affect that trust."
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Trust between Management and Physicians in Hospitals, 2005. A look at the need for, yet lack of, trust between physicians in hospitals and hospital management. 882 words (approx. 3.5 pages), 2 sources, MLA, $ 31.95 »
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Abstract This paper describes the conflict between the inherent objectives of hospital administrators and hospital physicians and how this conflict is the source of the erosion of trust between the two groups. The paper explains that the administrators' goals of conserving resources and containing hospital costs conflict with those of the doctors. It explains that the doctors' goal is to provide their patients with the highest quality care possible and that methods for dealing with this conflict have thus far been inadequate and may even compromise patient care. The paper then suggests that the best way to deal with the problem would be to hire high-quality trainers to conduct world-class, trust-engendering seminars for management and doctors, since none of the current methods for creating trust between doctors and management seem to be effective.
From the Paper "As for administrators, their sense of trust with physicians, Succi asserts, boils down to one area ? ?cost/quality management.? When alluding to costs of providing services to patients, therein lies a very important factor in running a hospital, and there is little doubt that administrators are keenly interested in keeping costs from rising out of sight. And since hospital administrators are ?rewarded for conserving resources and containing hospital costs? and physicians are gaining credibility for offering ever-higher levels of care, Succi believes these two conflicting concepts create an erosion of trust."
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Anti-Trust Law, 2002. An overview of anti-trust law and its application, with a case study of both AT&T and Microsoft. 3,837 words (approx. 15.3 pages), 16 sources, APA, $ 105.95 »
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Abstract This paper begins by describing anti-trust law as any law restricting business practices considered unfair or monopolistic. It provides a history of the law in America's judicial system, covering the Sherman Antitrust Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914. The paper then discusses two key historic anti-trust cases in which the companies have been charged with anti-trust violations, American Telephone and Telegraph (1982) and Microsoft Corporation (1994 and 1998).
From the Paper "AT&T was a natural monopoly, which needed to be broken up in order to allow others into the market. It was the only service provider at the time and in order to help improve the economy, it was important that changes be made to the status quo. Microsoft on the other hand, may be the dominant player in the world of operating systems, but there are other providers out there. Systems such as Linux and Unix are available for consumers. They may not be as user friendly as the Windows operating system, but there is a choice for the consumer. The question that needs to be asked is this: how is the consumer treated as a result of services being bundled in one package? Is the average consumer getting his money?s worth? Are these services affordable? How efficient is this method of bundling? If the answers to all these questions benefit the customer, then Microsoft and any dominant player in a business, has done well."
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Banker's Trust, 2008. This paper explores the decline of the Banker's Trust firm in the 1990s. 1,114 words (approx. 4.5 pages), 8 sources, APA, $ 38.95 »
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Abstract The paper discusses Banker's Trust's strategy of substituting high-risk, high-yield investments for standard loan services and seeking big clients with the capacity to undertake and potentially absorb such risks. The paper describes the Proctor and Gamble court case that was fatally costly to Banker's Trust. The paper explains how the passing of Banker's Trust would coincide with a passing of favor for the type of high-risk venture strategy which had so rapidly proliferated through the 1990s.
From the Paper "In 1998, Deutsche Bank closed its purchase of Banker's Trust for an estimated $9.8 billion. Only four years prior, Banker's Trust had been a competitive and even progressive firm in the marketplace. But its hallmarks were distinctly qualities of the corporate world in the 1990's. The recurrent themes of rapid growth, provocative executive misappropriation and a flaming demise all are reminiscent of a wave of mergers, takeovers and corporate scandals which spread as fallout of the late-nineties technology bubble burst. For Banker's Trust, this demise was a direct product of the times, where massive investment begat opportunities for high risk trade."
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