Answer twoof the following questions. The cases have to be p…
Answer twoof the following questions. The cases have to be presented using the case method: Facts, Legal Question, Judicial Reasoning, Ruling and Opinion. Each question is worth 10 points. a. What are the historical modes of acquiring territory? Identify these modes of acquiring territory. Explanation is not required. 3 Points. Explain eitherthe ruling of the PCIJ in the status of Eastern Greenland Case (Denmark v Norway 1933)involving occupation or the ruling of ICJ in the Case of Temple of Preah Vihear (Cambodia v. Thailand 1962) involving prescription as the mode of acquiring territory? 7 Points. Article 39 of the UN Charter states that “the Security Council will decide what measures shall be taken in accordance with Articles 41 and 42, to maintain and restore the peace.” What action is the UN Security Council authorized to take under Article 41 and Article 42 of the UN Charter? 2 Points. What does Article 2.7 state about what the UN Security Council can or cannot do when a situation emerges in a country that may require the UN to act? 2 Points. Under Article 51 states can assert the right of self defense and collective self defense. Discuss Nicaragua v United States (1986),a case in which the ICJ ruled on Article 51. 6 Points. Environmental and Human Rights are being increasingly seen as connected by courts as seen in the Case of the Indigenous Communities of Lhaka Honhat (Our Land) Association v Argentina. Explain the ruling of the Inter American Court of Human Rights in this case. 10 Points The IMF, the World Bank and the World Trade Organization have faced a lot of criticism lately. What are the purposes of these organizations and what criticisms have these organizations faced recently? a. What is Transboundary Environmental Interference? 2 Points. Discuss how this issue was at the center of either the Trail Smelters Arbitration(1938) or Argentina v Uruguay (2006)? 8 Points.
Read DetailsA pension fund is looking at hiring a new fund manager. One…
A pension fund is looking at hiring a new fund manager. One manager that has caught their attention has been in the top quartile of her sector for each of the past 3 years and the fund decides to make her an offer that is well above her current income based on this information. Critique this action based on the representativeness heuristic. Identify and explain at least 3 specific ways this course of action violates the laws of statistics. (5 points)
Read DetailsYou are a contestant on the game show Deal or No Deal. In t…
You are a contestant on the game show Deal or No Deal. In this game show, you are given the choice of opening boxes in succession. The last box you open is the prize you take home. Alternatively, the producers of the game show give you a certain amount after you open each box that allows you to quit the game. You have opened most of the boxes and there are 3 left. By process of elimination you know that the remaining boxes have $1,000,000; $1,000 and $10. If you choose the boxes containing $1,000 and $10 the last box will have $1,000,000 and you will win the grand prize. Before you choose which box to open next, you are offered $250,000 to quit the game. Answer the following questions: (8 marks) A) Assuming that you use expected value as a guide in your life, would you choose the sure amount or would you play to the end of the game? Explain showing calculations. B) Assuming that you use expected utility as a guide in your life, would you choose the sure amount or would you play to the end of the game if your utility function is defined as the square root of x? ie u(x) = √(x). Explain showing calculations. C) Given the utility function in part b, what is the lowest amount in exchange for which you would give up your right to open boxes? Explain showing calculations.
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