Prostitution The World s Oldest Trade - 1218 Words

Prostitution is often called â€Å"the world’s oldest trade†, with references to the profession found as far back as the writings of the Old Testament. It is practiced throughout the world and viewed in various ways from a social and legal standpoint. Many nations and territories classify prostitution as either a legal activity or have decriminalized prostitution. Legalization of prostitution often classifies the purchasing of sex as a crime, but not the selling of sex. This method focuses on punishing customers, rather than the prostitutes themselves. Decriminalization does not view any area of prostitution as illegal. It is viewed as an acceptable act between two (or more) consenting adults without the necessity for government intervention. Some nations that have a more liberal policy towards prostitution include New Zealand, the Netherlands, Australia, and Germany (Crooks Baur, 2014). Whether prostitution is legal or illegal in an area, sex will be sold and revenu e will be made. In a 1998 report, The International Labour Organization (ILO) classified prostitution as a legitimate form of work and called for worldwide recognition of the same (Post Datta, 2013).In areas immersed in extreme poverty, prostitution provides a means of support for families who may otherwise have no opportunity. The ILO report attempts to add prostitution to the list of informal labor- such as domestic work and farm work- that is acceptable to provide more opportunities for an overpopulated andShow MoreRelatedThe Legal Acceptance Of Prostitution1608 Words   |  7 PagesThe Legal Acceptance of Prostitution Prostitution is often called the oldest profession in the world. One of the First forms is scared prostitution supposedly practiced among Sumerians. In ancient sources (Herodotus, Thucydides) there are many traces of scared prostitution, starting perhaps with Babylon where each women had to reach once a year the sanctuary of Militia and have sex with a foreigner as a sign of hospitality for a symbolic price. Prostitution is the sale of sexual services (typicallyRead MoreEssay about The Adult Sex Industry 948 Words   |  4 Pagesdifferences between human trafficking, sex slavery, and prostitution. An individual also has to taken into consideration why another individual would choose prostitution as means of income verses any other job that doesn’t include the buying and selling of sex. One must be able to empathize with the individuals who choose prostitution and be able to take into consideration some factors that may lead an individual to prostitution as a means of economic trade. Such factors might include; the country these individualsRead MoreAdvantages of Legalizing Prostitution1749 Words   |  7 PagesProstitution is known as the oldest profession and has been around for millenniums, dating back to Roman, Byzantine, Greek and Egyptian empires (Baldwin, 2004). The ancient cultures of those empires dealt with the needs of the group and consequently developed protocols for dealing with sexual relations that have propagated throughout time to the modern era. As a result, prostitution is prominent in society today. When analyzing the sex trade, the factors of cultural precedence, philosophy, religionRead MoreWhat is Prostitution?1838 Words   |  7 Pages According to the 2014 Merriam-Webster dictionary, prostitution is defined as â€Å"the act of having sex in exchange for money† (â€Å"Prostitution†). In the United States, the trafficking of sex sales has been illegal since the early 1900’s, with the exception of the 49th state, Alaska (Head). The trade was deemed unethical by the Women’s Christian Temperance Union, also credited with the ban of drug use and the elimination of alcohol in the 1920’s. Today, in all but two states, the buying and selling ofRead MoreShould Prostitution Be Legal?1440 Words   |  6 Pages Rumored to be the oldest profession in the world and perhaps one of the most controversial to pics in our current Canadian legal system stands prostitution. Prostitution by definition is the practice or occupation of engaging in sexual activity with someone for payment. Prostitution in our legal system can be dated back to the 18th century, this was the first Canadian statute to acknowledge prostitution. Prostitution in this time was handled by three legal approaches, regulation, prohibitionRead MoreShould Sex Trafficking Be Legalized?1644 Words   |  7 Pagesis just as strong as the drive to eat or drink. Just like humans learned how to trade for food and beverages, they learned how to trade for sex. Prostitution is known for being the world s oldest profession, but in several ways the trading of sex is a mystery, mostly in the United States, where sex trade is one of the country s greatest unregulated industries. In Sweden they take a different approach on prostitution; Sweden instead of making the selling of sex illegal, outlawed the buying of IRead MoreLegalizing Pros titution in Britain Essay1270 Words   |  6 PagesLegalizing Prostitution in Britain Apparently if you go back through history, as far back as you can, as far back as we have records, you will find evidence of people selling sex for personal gain. It seems that prostitution has been around for a very long time and that the sex industry was thriving at least a few thousand years before the Industrial Revolution; a good deal longer than its name suggests. So, it comes as no shock to discover that, many people considerRead MoreEssay on Human Trafficking vs. Prostitution: Is There a Difference?1627 Words   |  7 PagesIn today’s modern society, prostitution is defined as the act or practice of engaging in promiscuous sexual relations, especially for money. Trafficking can be defined in terms of dealing or trading in something illegal (Merriam-Webster). In many cultures, prostitution is indeed illegal. So, is there a difference? Are there variances that set prostitution and human trafficking apart, or are they just different forms of the same industry? In order to answer this question, it is important to firstRead MoreProstitution Is Morally Wrong And Should Be Eradicated From Society1673 Words   |  7 PagesProstitution Prostitution is morally wrong and should be eradicated from society for several different reasons. In prostitution, men remove women s humanity. Buying a woman in prostitution gives men the power to turn women into a living breathing masturbation fantasy. He removes her and those qualities that define her as an individual, and for him she becomes sexualized body parts. She acts the part of the thing he wants her to be. As shocking as these men s observations may sound to thoseRead MoreHuman Trafficking : Prostitution And Prostitution981 Words   |  4 PagesTrafficking in Prostitution Prostitution, â€Å"Providing or receiving sexual acts, between a prostitute and a client, in exchange for money or some other form of remuneration† (Hock 557). The idea of exchanging sex for valuables has been seen since the beginning of human society. The first reported data about prostitution was reported around 3000 B.C.E in Mesopotamia, one of the first known civilizations (Caraboi and Fierbinteanu 362). Also, prostitution is often referred to as â€Å"the world’s oldest profession

Energy Inc Free Essays

There is no Present obligation because there is no obligating event either for the costs of fitting smoke filters or for fines under the legislation. Therefore, according to IAS 37 and ASC 450, FuelSource Co. should not recognize a provision as f December 31, 2011 neither in reporting to its U. We will write a custom essay sample on Energy Inc or any similar topic only for you Order Now K. parent under IFRSs nor in reporting to its U. S. -based lender in accordance with U. S. GAAP. Question A Any of four scenarios of the cases is not changed by the removal of ‘probable outflows’ criteria 2, which requires a probable future outflow of economic benefits resulting from the liabilities. In the first and the second scenarios, the entity should recognize a provision as of the balance sheet date in reporting to its U. K. parent, while not recognize in the third and the fourth scenarios. Question B In my opinion, often criteria 1 and criteria 2 serve the same purpose. They both serve to prevent recognizing a liability if it is not probable. Thus, the removal of criteria 2 would makes IAS 37 more consistent with ASC 450 of U. S. GAAP. With this revision, there would be more enhanced comparability between those two standards. ASC 450-20-25-1 When a loss contingency exists, the likelihood that the future event or events will confirm the loss or impairment of an asset or the incurrence of a liability can range from probable to remote. As indicated in the definition of contingency, the term loss is used for convenience to include many charges against ncome that are commonly referred to as expenses and others that are commonly referred to as losses. The Contingencies Topic uses the terms probable, reasonably possible, and remote to identity three areas within that range. ASC 450-20-25-2 An estimated loss from a loss contingency shall be accrued by a charge to income if both of the following conditions are met: (a) Information available before the financial statements are issued or are available to be issued (as discussed in Section 855-10-25) indicates that it is probable that an asset had been impaired or a liability had been incurred at the date of the financial tatements. Date of the financial statements means the end of the most recent accounting period for which financial statements are being presented. It is implicit in this condition that it must be probable that one or more future events will occur confirming the fact of the loss. (b) The amount of loss can be reasonably estimated. The purpose of those conditions is to require accrual of losses when they are reasonably estimable and relate to the current or a prior period. Paragraphs 450-20-55-1 through 55-17 and Examples 1-2 (see paragraphs 450-20-55-18 through 5-35) illustrate the application of the conditions. As discussed in paragraph 450-20-50-5, disclosure is preferable to accrual when a reasonable estimate of loss cannot be made. Further, even losses that are reasonably estimable shall not be accrued if it is not probable that an asset has been impaired or a liability has been incurred at the date of an entity’s financial statements because those losses relate to a future period rather than the current or a prior period. Attribution of a loss to events or activities of the current or prior periods is an element of asset impairment r liability incurrence. ASC 450-20-50-5 Disclosure is preferable to accrual when a reasonable estimate of loss cannot be made. For example, disclosure shall be made of any loss contingency that meets the condition in paragraph 450-20-25-2(a) but that is not accrued because the amount of loss cannot be reasonably estimated (the condition in paragraph 450-20-25-2[b]). Disclosure also shall be made of some loss contingencies that do not meet the condition in paragraph 450-20-25-2(a)†namely, those contingencies for which there is a reasonable possibility that a loss may have been incurred even hough information may not indicate that it is probable that an asset had been impaired or a liability had been incurred at the date of the financial statements. IAS 37-14 A provision shall be recognized when: (a) an entity has a present obligation (legal or constructive) as a result of a past event; (b) it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation; and (c) a reliable estimate can be made of the amount ot the obligation. It t recognized. nese cond itions are not met, no provision shall IAS 37-17 A past event that leads toa present obligation is called an obligating vent. For an event to be an obligating event, it is necessary that the entity has no realistic alternative to settling the obligation created by the event. This is the case only: (a) where the settlement of the obligation can be enforced by law; or (b) in the case of a constructive obligation, where the event (which may be an action of the entity) creates valid expectations in other parties that the entity will discharge the obligation. IAS 37-23 For a liability to qualify for recognition there must be not only a present obligation but also the probability of an outflow of resources embodying economic enefits to settle that obligation. For the purpose of this Standard,l an outflow of resources or other event is regarded as probable if the event is more likely than not to occur, ie the probability that the event will occur is greater than the probability that it will not. Where it is not probable that a present obligation exists, an entity discloses a contingent liability, unless the possibility of an outflow of resources embodying economic benefits is remote. IAS 37-36 The amount recognized as a provision shall be the best estimate of the expenditure required to settle the present obligation at the end of the reporting period. How to cite Energy Inc, Papers

Chief Tecumsheh free essay sample

An analysis of the story of Native American leader and chief, Tecumsheh. This paper examines the story of Shawnee chief and military leader Tecumsheh of the native people of North America. The author looks at how this leader impacted his community and the role that he played in the Indian resistance during the time. The paper also looks at his rise to power and contributions. The story of Shawnee chief and military leader Tecumseh is one that is all too common in its combination of tragedy, courage, and unimaginable loss, a story told dozens of times as the native peoples of North America sought to maintain their culture and save their live while fighting against forces with what would prove time and again to be overwhelmingly superior weapons. This paper examines the role that Tecumseh and his brother Tenskwatawa played in organizing Indian resistance to white rule in the Ohio River valley and in seeking to create intertribal alliances and the factors that lead to their defeat and Tecumsehs death. We will write a custom essay sample on Chief Tecumsheh or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page