Property law advice style answer - Free Essay Example

Sample details Pages: 11 Words: 3230 Downloads: 2 Date added: 2017/06/26 Category Law Essay Type Essay any type Level High school Did you like this example? Law Part A: Answer 1:The respective parties to the action are as follows: The Public Trustee of Queensland as Executor of the Estate of Joseph Edwin James (First Applicant);PitgatePty Ltd (à ¢Ã¢â€š ¬Ã‹Å"Pitgateà ¢Ã¢â€š ¬Ã¢â€ž ¢) (Second Applicant); Ian Derek Meyer (à ¢Ã¢â€š ¬Ã‹Å"Mr. Meyerà ¢Ã¢â€š ¬Ã¢â€ž ¢) (First Respondent); Rosemary Lynn Meyer (à ¢Ã¢â€š ¬Ã‹Å"Mrs. Meyerà ¢Ã¢â€š ¬Ã¢â€ž ¢) (Second Respondent); and Meyer Gold Mining Pty Ltd (à ¢Ã¢â€š ¬Ã‹Å"MGMà ¢Ã¢â€š ¬Ã¢â€ž ¢) (Third Respondent). There was initial partnership between Joseph Edwin James (à ¢Ã¢â€š ¬Ã‹Å"Mr. Jamesà ¢Ã¢â€š ¬Ã¢â€ž ¢) and MGM. The partnership constitution then changed, a new partnership was formed between Pitgate and MGM. Further, Mr. Mrs. Meyer are directors of MGM and respondent to the action along with as an active agent of the partnership. Answer 2:Mr.Meyerà ¢Ã¢â€š ¬Ã¢â€ž ¢s right of interest was held in respect of the application of MDLA15, whether to determin e it in respect of himself or his partnership. The concern was whether he was entitled to the benefit of the application as a partner or as an active agent of the partnership being director of the company. Answer 3: According to MDLA 295, the partnership was conducted between the first respondent Mr. Meyer and Mr. James the respondent claimed whether the particular plant and machinery which was carried out in the mining ventures should belong to the first respondent or not because as a partner was he entitled to claim for the plant and machinery of Chillagoe mining site, being a partner under MDLA 14. Answer 4: the applicants alleged that since they were the partners of the mines and the partners are entitled to get the share of the assets of the partnership act. Here, they were claiming for the plant and machinery as they were entitled to claim for the assets of the company as Partnership à ¢Ã¢â€š ¬Ã¢â‚¬Å" PARTNERSHIP PROPERTY à ¢Ã¢â€š ¬Ã¢â‚¬Å" whether an operators is quali fied for the profit of an application at first made for the organization whether rights and hobbies held by a specialists, emerging from an application made by reason of the part as an operators, regarding the association business, are hung on productive trust for the association à ¢Ã¢â€š ¬Ã¢â‚¬Å" where the application is made after an organization has been broken down by the passing of an account. Answer 5: According to the courts choice, the budgetary proclamations record costs for the contract of plant. No other clarification has been progressed for these costs, than that they mirror a distinguishment that the plant gave by the Meyer hobbies was not organization property. As it was demonstrated, there was some support of the installment of some of these costs to the Meyer hobbies in records set in proof. The sums have all the earmarks of being little, when the degree and obvious estimation of the plant and hardware will be taken into account. Also the second decision ment ioned that the matter which appears to be huge will be that the budgetary articulations of the association, which were delivered amid Mr. James lifetime, contained no record recommending that the questioned plant and hardware got to be organization property. Answer 6: the court came to the following decisions: Mr. James knew of the presence of the perlite store, and acquainted Mr. Meyer with it. Be that as it may, the confirmation of Mr. Meyer (affirmed by a Mining Lease Report gave to the candidates) is that Mr. Paul Ray, before the inclusion of MGM, held a 51% enthusiasm for ML20152. The plant and gear gave by the Meyer hobbies was clearly vital To empower the operation to continue. There is no motivation to believe that its prosperity was ensured, and in the early years, deals and benefits were generally unobtrusive. These Circumstances make it somewhat improbable that the Meyer interest would have consented to contribute their plant and hardware to the association, a t any rate without some huge distinguishment of that truth in the budgetary explanations. It was found that the disputed plat was not a partnership property so there was no significance ownership. According to the judgment, and the nonappearance of any positive proof that the accomplices concurred that the plant and hardware was to wind up organization property, the Meyers were not entitled to claim for the same. Degree of the property included, the moderately drawn out stretch of time over which the organization has worked, and the more prominent consideration, which seems to have been given to the sources of a percentage of the things of property, sometime during get ready for the hearing. Besides, it is not astounding that there may be some instability about the responsibility for, where a thing initially had a place with the Meyer intrigues, and was later repaired or restored to the detriment of the association. There is likewise the way that the July 2007 receipt fo r contract charges incorporates a constrained measure of plant and machinery for which Mr. Meyer clarified that by saying that, by now, the candidates had been delegated as collectors; and that it was impractical to distinguish a business market rental for a percentage of the gear. He additionally gave proof that the game plan with Mr. James was that contract charges would be on a rate every ton of material mined. I likewise take note of that the rate charged in the July 2007 receipt brings about contract charges for plant and hardware generously higher than what was charged when Mr. James was alive. Answer 8: In case of the plant and equipment court reached to the decision that the plant and equipment was not the property of the partnership any longer and belonged to Mr. Meyer, hence there was not valuation and sharing of the plant and machinery further.it was concluded that the plant and machinery were not purchased by Mr. James but Mr. James had provided the hire charges. That means, the plant and machinery was not purchased but Mr. James had hired it. Thus, any asset hired for mining or manufacturing cannot be considered as an asset of the company and cannot be further divided for the profitability between the partners. Thus, plant and machinery was not a partnership property but was the property of Mr. Mr. Meyer who was also the director of the company. Part B Essay: Introduction: A company under Company law or corporate law is particularly alluded to as a lawful individual- as a subject of rights and obligations that is fit for owning genuine property, going into contracts, and being able to sue and be sued in its own name.1 as such, an enterprise is a juristic individual that in many occasions is legitimately regarded as an individual, and engaged with the ascribes to claim its own particular property, execute contracts, and in addition capacity to sue and be sued. One of the primary inspirations for framing a partnership or organizati on is the restricted obligation it offers its shareholders. By this precept (restricted risk), a shareholder can just lose just what he or she has contributed as shares to the corporate element and nothing more. In any case, there is a real exemption to the general idea of constrained obligation. There are sure circumstances in which courts will need to look through the organization, that is, lift the shroud of joining, generally known as penetrating the cloak, and hold the shareholders of the organization specifically and actually at risk for the commitments of the enterprise. The cloak tenet is conjured when shareholders smudge the refinement between the organization and the shareholders. It is deserving of note that despite the fact that a different legitimate substance, an organization, or partnership can just act through human operators that create it. Therefore, there are two primary courses through which an organization gets to be subject in organization or corporate la w to mind: through direct obligation (for direct encroachment) and through auxiliary risk (for demonstrations of its human specialists acting sometime during their employment). The precept of puncturing the corporate cover changes from nation to nation. In the sentiment of two corporate law researchers, clearly, there is a general agreement that the entire region of constrained obligation, and on the other hand of piercing the corporate shroud, is among the most confounding in corporate law. There are two current speculations for the lifting of the corporate cover. The principal is the adjust self-image or other self-hypothesis, and the other is the instrumentality theory. The adjustment of self-hypothesis considers if there is in unmistakable nature of the limits between the enterprise and its shareholders. The instrumentality hypothesis then again looks at the utilization of a partnership by its holders in ways that advantage the manager as opposed to the enterprise. It i s dependent upon the court to settle on which hypothesis to apply or make a mÃÆ' ©lange of the two doctrines. Courts are largely hesitant to puncture the corporate shroud, and this is just done when risk is forced to achieve an evenhanded result. Veil Doctrine as derivative from Separate legal personality concept: An organization once fused turns into a legitimate identity or a juristic element that has a different and particular character from that of its holders or individuals, shareholder; and it is further engaged with its own rights, obligations and commitments, can sue and be sued in its own name, and so forth. The most critical fixing that spills out of the different lawful identity statement is that of constrained risk. It is gone for giving financial specialists least protection in their business over their own private lives. Thus, the most a part in the organization can lose is the sum paid for the shares themselves and in this way the estimation of his/her inv estment. Thus, loan bosses who have claims against the organization may look just to the corporate resources for the fulfillment of their cases as lenders and largely cannot continue against the individual or separate resources of the individuals. This has the potential impact of topping the speculators danger whilst, hence, their potential for addition is unlimited. Evidently, partnerships exist to some extent, in any case to shield their shareholders from individual liabilities for the obligations of that corporation (Your company and the law n.d.). The idea of constrained risk was developed in England in the seventeenth century, and before this period, individuals were frightened to put resources into organizations in light of the fact that any accomplice in a general organization could be considered in charge of every one of obligations of the company. As the capital expected to fund the biggest tasks developed, and alongside it the need of raising cash, financial specialists were hesitant to put in light of the danger included in ensuring the whole obligation of the business element. Truth be told, the idea of partitioned lawful identity runs as one with the regulation of restricted risk. The principle significance of the restricted risk idea is that it ensures the organization and its individuals, and to encourage business wanders in which the organization may be interested. The rule further act to pull in and empower corporate speculation, highly required in any public to accelerate advancement. It is accepted to be the springboard to bring administrative benchmarks up in a corporate association. It is understood that it encourages better speculation methods by the organization question (Ramsay Noakes 2001). Indeed, corporate law obliges that organization managers react to authoritative substances of the enterprise and in addition accommodating with and making comprehensible the treatment of associations as lawful actors. In this sense, the or igination of a company is investigative and ideological, enlightening and prescriptive. The concept of Limited Liability: The primary thought behind that the lawful identity of an organization is independent from that of its individuals. The most imperative fixing that spills out of the separate legitimate identity provision is that of constrained obligation. It is gone for giving financial specialists least protection in their business over their own private lives. In this way, the most a part in the organization can lose is the sum paid for the shares themselves and subsequently the estimation of his/her investment. Thus, loan bosses who have claims against the organization may look just to the corporate resources for the fulfillment of their cases as leasers and by and large cant continue against the individual or separate resources of the individuals. This has the potential impact of topping the financial specialists danger whilst, hence, their potential for addition is un limited. It is evident that companies exist partially, in any case to shield their shareholders from individual liabilities for the obligations of that organization (Forgi 2007). The Courts treatment of Separate Legal Personality under Common Law Jurisdictions: Under Common Law purviews, the tenet of penetrating the cover stays one of the essential technique through which the courts moderate the strenuous requests of the consistent satisfaction of the different lawful identity idea. The issues with discovering some string of rule through all the different court choices fundamentally originate from the bogus solidarity of the cases, which, while including immensely diverse basic issues, are still connected under the representation of the cloak idea (Supreme Court Library Queensland n.d.). Blumberg has composed that the reasonable models of substance law are as often as possible viewed as Anglo-Saxon standards and connected aimlessly over the whole scope of the law. At the end of the day, the use of the teaching of independent identity in Anglo-Saxon wards is at the carefulness of the judges and the courts. This is no amazing, given that Anglo-Saxon law is essentially Judge-made law. How do Common Law courts pierce the veil? Lifting the cloak of fuse or better yet Puncturing the corporate cover implies that a court slights the presence of the partnership because the managers neglected to keep one or more corporate prerequisites and customs. The lifting or penetrating of the corporate cover is pretty much a legal demonstration; subsequently its most succinct importance has been given by different judges. Staughton LJ, for instance, in Atlas Maritime Co SA v Avalon Maritime Ltd (No 1)29 characterized the term along these lines: To puncture the corporate shroud is a declaration that I would hold for treating the rights and liabilities or exercises of an organization as the rights or liabilities or exercises of its shareholders. To lift the c orporate cover or look behind it, subsequently ought to intend to have respect to the shareholding in an organization for some lawful purpose. Youthful J, in Pioneer Concrete Services Ltd v Yelnah Pty Ltd, on his part characterized the outflow lifting the corporate shroud subsequently: Those in spite of the fact that at whatever point every individual organization is shaped a different legitimate identity is made, courts will on events, look behind the lawful identity to the genuine controllers. The least complex approach to outline the cloak guideline is that it is the direct inverse of the constrained obligation idea. Regardless of the benefits of the restricted obligation idea, there is the tricky that it can prompt the issue of over consideration, to the detriment of the lenders. That is to say, the idea is over ensured by the law. At the point when the shroud is lifted, the managers close to home resources are presented to the case, pretty much as though the business h ad been a sole proprietorship or general association. Regular law courts have the weariness or selective locale lift or look past the corporate shroud whenever they need to inspect the working system behind a company. This wide edge of impedance given regular law judges has prompted the penetrating of the corporate shroud turning into a standout amongst the most contested issues in corporate law. Yet it ought to be deserving of note that an inflexible utilization of the penetrating tenet in like manner law wards has been generally reprimanded as giving up substance for structure. Consequently, Windeyer J, because of Gorton v Federal Commissioner of Taxation, commented that this methodology had driven the law into falsity and formalism. As previously stated, when the judges puncture the cloak of joining, they as needs be continue to regard the organizations individuals as though they were the holders of the organizations advantages and as though they were leading the orga nizations business in their own abilities, or the court may property rights and/or commitments of the individuals on to the organization. The teaching is otherwise called slighting the corporate substance. In his 1990 article, Fraud, Fairness and Piercing the Corporate Veil, Professor Farrar commented that the Commonwealth power on puncturing the corporate cloak as disjointed and unscrupulous. 36 That claim has been prior moved down by Rogers AJA, a year back because of Briggs v James Hardie Co Pty consequently (Ramsay Noakes 2001): There is no normal, bringing together rule, which underlies the intermittent choice of the courts to penetrate the corporate cloak. In spite of the fact that a specially appointed clarification may be offered by a court which so chooses, there is no principled way to deal with be gotten from the authorities. Another researcher in the individual of M. Whincop, in his own particular piece: à ¢Ã¢â€š ¬Ã‹Å"Overcoming Corporate Law: Instrumentalism, P ragmatism and the Separate Legal Entity Concept, contended that the principle issue with the Salomon case was less the contention for the different legitimate element, yet rather the disappointment by the English House of Lords to give any evidence of What the courts ought to consider in applying the different lawful substance idea and the circumstances in which one ought to decline to uphold contracts connected with the corporate structure. Conclusion: The demonstration of piercing the corporate cover up to this point stays a standout amongst the most disputable subjects in corporate law, and it would keep on remaining thus, actually for the years to come. Overall, as talked about in the paper, the regulation of puncturing the corporate cloak stays just an outstanding demonstration organized by courts of law. Courts are most arranged to regard the guideline of corporate identity, that an organization is a different lawful substance from its shareholders, having it claim right s and obligations, and can sue and be sued in its own name. As we move from locale to ward over the globe, its application contracts down to how that arrangement of the law admires the subject. Basic law locales are cases second to none where the penetrating of the corporate shroud has picked up reputation, and as the different cases demonstrate, courts under this arrangement of the law for the most part admires each case by its merits. The above in any case, there are general classifications, for example, misrepresentation, organization, sham or exterior, injustice and gathering endeavors; which are accepted to be the most unconventional premise under which the regular law courts would puncture he corporate cloak. Anyway, these classifications are simply a rule and in no way, shape or form a long way from being comprehensive. References: Forgi, AG 2007, The Veil Doctrine in Company Law, viewed 5 Apr 2015, https://www.llrx.com/features/veildoctrine.htm. Nicolson, R H owie, E, The Impact of the Corporate Form on Corporate Liability for International Crimes:Separate Legal Personality, Limited Liabilityà ¢Ã¢â€š ¬Ã¢â‚¬Å", viewed 7 Apr 2015, https://www.hrlrc.org.au/files/icj-paper-e-howie-and-r-nicolson-final-0207.pdf. Ramsay, IM Noakes, DB 2001, Piercing the Corporate Veil in Australia , viewed 7 Apr 2015, https://www.law.unimelb.edu.au/files/dmfile/Piercing_the_Corporate_Veil1.pdf. Supreme Court Library Queensland, viewed 6 Apr 2015, https://www.sclqld.org.au/caselaw/QSC/browse/2010/+200. Your company and the law, viewed 6 Apr 2015, https://asic.gov.au/for-business/running-a-company/company-officeholder-duties/your-company-and-the-law/. Don’t waste time! Our writers will create an original "Property law advice style answer" essay for you Create order

Literature Review No Child Left Behind Act and the...

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First, the law ensures that all teachers who participate in training these children have good qualifications. The law provides teachers with equitable training and facilities that enable them live within the standards of quality education to all children in the nation. The law approves a number of strategies used by teachers in order to offer quality education to all teachers and children. For instance, the NCLBA law ensures that teachers have used proven research-based approaches of teaching and learning. 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A Relationship Between Some Neurotransmitter Controlling...

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Incorporation of Robotics in the Organizationâ€Myassignmenthelp.Com

Question: Discuss About the Incorporation OF Robotics in the Organization? Answer: Introduction Robotics is something that is gradually changing the face of industries and technology. There are fast, reliable and efficient too. With the help of robots, companies can get their work done in real time and they can also store huge amount of data within themselves. The construction of robot is primarily done with the help of computer, electrical, electronic and mechanical engineers. The sole purpose of making robots is to ensure the reduction of workload and also to minimize the work hazards that some people face like bomb defusing situation or any terrorist attack. With the help of robots, they can also do some works that was not possible by human beings like analyzing such a huge data and giving correct decisions to companies which can help them to stay in the market and make themselves more competitive. Artificial Intelligence is something that is really good while making even more smarter decisions. This will give them an upper hand over their competitors and also they can analy ze the market more efficiently and can know what they are lacking of and what improvements they need (lamo, Benito Carranza, 2013). There are various works that are not possible for any human being to do alone like lifting up heavy things or to do a precise cutting with lasers in the metal. All these works are done completely by the robots which were designed and programmed to do this type of work. Children of all age should be exposed to this great technology and they should know that the future of robots are not far when every single task will be performed with the help of robot. The following report discusses about how an ICT organization tries to implement robots in their company and what are the scopes present in that and also how this can be of much use when implementing it with the help of artificial intelligence. Robotics in todays world Robotics Technology Robotics is a branch of technology that basically deals with the robots. It includes mechanical engineering, electrical engineering, electronics engineering and computer engineering mainly. Robotics mainly deal with the designing, construction and operation and states how a robot works. It also deals with the control, sensory feedback and information technology. The main purpose of developing these robots are to substitute the human workforce and to accomplish some tasks that are not possible for any human beings. Robots are generally used in manufacturing processes where heavy lifting of work is to be done or to even make precise cutting in anything. Apart from manufacturing processes, it is also used in bomb detection situation which reduces that chance of losing any human lives (Bryman Bell 2015). Robots are generally designed to perform a specific task in a specific way. Robots have electrical components which can be used for powering and controlling the machinery. There are cer tain technologies like the caterpillar tracks which are implemented on to the robots so that they move in a particular track. Robots can work through either battery systems or petrol though the cost of battery would be much less compared to petrol. The main components of any robot is done with the programming from which they can either adapt to their surroundings. Robots can be made remote control based on their needs. There are certain robots also that works with artificial intelligence and are used to interact with their surroundings (Car, 2014). Robots can also interact with human beings and start a two-way communication and all these are possible due to artificial intelligence. Current use of Robots In todays world, robots are used for various purposes starting from home to many organizations even the government. The main use of robots can be seen in the manufacturing processes where many hard lifting jobs are done. There are various works that are not possible for any human being to do alone like lifting up heavy things or to do a precise cutting with lasers in the metal. All these works are done completely by the robots which were designed and programmed to do this type of work. Robots are also used by the government when there are some dire situations like bomb detection or bomb defusing situation. The use of robots helps in saving the lives of people (Gao et al., 2016). Business Scopes The Company is now engaged in all kinds of mining, transportation and manufacturing processes. The company is using robotics technology as it wants to surpass its rival companies. With the help of robotics, they are creating a new window where everyone can work without any problem. All the main things which include moving of objects and all are handled by the robots. There is big scope in this as the company would be recognized all over Australia as well as Asia if they continue to do so and as they are also a small Artificial Intelligence Company, they can incorporate this feature within their robots to make them work even smarter and in a better way (Geiger et al., 2013). By incorporating this, they will achieve worldwide recognition and by this they can easily spread their business to other parts also. With robotics, they can also achieve something that was not possible with mere the help of human beings and that is making smart decisions. The artificial intelligence coupled with robots can help them to make such company decisions that would be fruitful for the company in every aspect just by collecting some data and analyzing it within a short span of time. This will give them an upper hand over their competitors. And also this will help them to grow their business too (Kernbach, 2013). By this they can make agreements with other companies and the companies who are ready to invest in theirs and by this the company would be in a great monitory situation. Plans for the next five years Having robotics technology is just great. This can help them to achieve something that they were unaware of. Robotics technology is aimed to minimize the human workforce for a better and efficient work. They can also handle large amount of data and can store within them which was not possible before for any human being. It can also analyze huge amount of data in no time and can give next to appropriate results. In the next five years, they are considering to implement robotics technology completely in to their system. The main purpose of implementing this technology is to minimize the workload and get results instantly. They can easily expand their business to any sector they want like offices, schools, universities and many more (Vertut, 2013). By implementing this technology to schools and universities, they can attract a huge number of people who will be exposed to this kind of technology and know something. In schools and universities, they can be used to manage the library syste ms where thousands of books are present and robot can easily recognize which book is in which self (Krishna et al., 2016). They can also set up a live exhibition which can be used to present a demo to other companies to see what they are going to do and how this technology can help any human being like if these robots were available in homes, then everything will be served to that particular individual within the reach of their hand. Robotics technology can also be used in the army and aviation also (Kormushev, Calinon Caldwell, 2013). With the help of robots, they can be sent to any building to gather information and this would damage no human lives. While in case of aviation, they can be used to spy from above remotely and the handler will be far sitting controlling the drone. Apart from all the good things that robots have, there are some let down points also like the cost to making one or buying is quite high if the robot is of high quality. They need to be maintained over a re gular time basis so as to ensure they are functioning properly. Due to the inclusion of robots, many people will tend to lose their job. Storing of data is much easier in robots and they can store huge amount of data but retrieving of data is much tougher and also they cannot improvise other than what they are programmed to do (Lee et al., 2014). Incorporation of Robotics in the organization Implementation Strategies From the above discussion it can be said that robotics is really important as it can help any organization to grow much faster and even do their jobs at a much more efficient manner and in a timely way. Robots were meant to make the lives of employees much easier as they do all kinds of heavy working that is not possible with any human beings. Robots are also responsible for doing all the heavy lifting work, processing of huge data at a much faster rate and analyzing them to give an appropriate solution by which a company can abide to. For the incorporation part, the organization first know where the robots are required (Majidi, 2014). Currently the company is engaged with mining, transportation and manufacturing. In mining the company could use robots to enter the part where it is dangerous for any human being to go and collect information and then process. While in manufacturing, the robots can be held accountable for lifting of heavy materials as well as to cut precisely into the metals as per the requirements. All these ensure faster working environment and also helps in providing safety to human lives. Robots can also be incorporated in army as they can be used as a decoy to check any empty building or to investigate any bombing situation. Also it is not reactive to nukes so it can be sent to those places also where the possibility is high (Musicant, Laddha Choi, 2017). The company can work closely with the astronomers and send robots to other planets to check out their environment and this makes the work even more easy. There are a number of long term and short term options that are available to the industries. Robots or Robotics Technology is something that is meant to work for a long time. It is meant to make the job much easier. They are used by the company to make sure that everything is working fine. Robots are meant to do a specific type of job for what they are programmed to. Many are there which can be heavy lifting job and many are there which can analyze huge amount of data at a single time. The long term options are that it will need to invest a large amount of money for building such a robot and on top of that, the maintenance cost will be incurred every month (Rossiter Hauser, 2016). Also it would consume huge amount of electricity while working that the company needs to take care of. The company should make sure that the robots does not stop working after few months then it will be huge loss for the company to overcome as everything under that will come to a halt and the process will be slower. The company should also make sure that the robots that are built is compatible with the organization that is if it is fulfilling the organizations need. Another thing that company should take care of is that the material that is used to make these as if it is built on low quality materials then there is chance of wearing of and finally breaking (Zhou, 2017). There are some short terms also that the company needs to handle like to see if it is working on battery or petrol. Another thing it needs to take care is that of the output it is giving on a daily basis is enough or not and it is meeting its requirements according to the specifications that are stated. The company should also make sure that the robots are working in an efficient manner and it does not require maintenance on a daily basis then it would be problematic for the company. It should also take care of the fact that it is taking instructions from the employees and doing the work according to it (Schwartz Yap , 2016). Also it should make sure that it is able to perform the task that it is programmed to do. On the basis of geographical perspective, the company should buy these products whose manufacturing office is quite near and help can be available anytime. Advantages and Disadvantage of using Robotics Technology Advantages Robots can perform any kind of task that seems to be difficult for any human being to do. Robots can perform their work and can go on with their work with consistency and keeping precision without any complaints. Robots can perform any kind of work that they are programmed to without breaking a sweat (Siciliano Khatib, 2016). They can even work with a high degree of accuracy and with constant velocity. They can also help in increasing the number of manufactured products and reduces the errors while making any. As they work with high degree of accuracy, they can manufacture products with same consistency where there will no error. The robots can be used to perform heavy duties even the dangerous ones like detecting of bombs or in a war field to check out for mines (Shweikeh et al., 2014). Many companies can use their intelligence to process a large amount of data which can help to analyze the market up close and gives them an upper hand Disadvantages Apart from all the advantages, there are certain disadvantages also present like the robots are not the flexible in working as they are programmed to do a certain type of work only and they will do that only. Flexibility is not present while working with robots (Siciliano Khatib, 2016). Due to the emergence of robots, many people are losing their job and for which the unemployment rate is also going high. There is a limitation with the robots that they cannot bring out innovative ideas but whereas human beings can bring out innovative ideas even when the company is in a dire situation. Robots produces a lot of electronic wastes. From the security perspective, the robots should be made quite secure as they are prone to hacks (Smith, Self Cheeseman, 2013). All these robots generally work with the help of electricity and if anyone can hack the electrical grid, he/she has the access to control the robots. They can manipulate the robots or even stop them from working or reprogram them t o work differently from their usual ones. If the hacker can get an access to these robots, they can execute remote access vulnerability and can control them from a far distance area from where it cannot be traced back. Ethical, Legal and Social Consideration There are certain issues that the company should consider before implementing such a thing in their company. There are various factors that plays a vital role and each one should be considered individually so as to make the correct decision. The company should be able to make proper planning and should be able to set up a few guidelines by which everyone should go for (Crane Matten, 2016). Social responsibilities include that the company should know well where it can provide its value to others beyond any products or services that they are offering. Legal responsibilities include that the company should follow all the rules and regulations that are set by the government and under no circumstances, they cannot break these rules no matter what (Weiss, 2014). Recommendations The company may face some problems while using these robotics technology like of getting hacked and all and manipulation of the system from inside. In order to avoid this, there should be fail safe which can only be accessed by the manufacturer. If anyone tries to access that without proper authorization, the fail safe would cut the line which would result in stopping of the robot. Also the company should try to patch for the remote code execution vulnerability so that it cannot be accessed from any remote place and without proper authorization. Conclusion From the above report it can be concluded that robots are quite essential when it comes to working in a company as it ensures consistency and efficiency also it helps in saving lives of human beings by doing any kind of heavy duty jobs. They can also be used to storing of huge data and analyzing them simultaneously for the betterment of the company. With this, the company can get an overall view of the market of how they work and what they are lacking behind. But apart from these benefits, there are some problems also that comes while using this technology and that is these robots do not provide flexibility that is they cannot be used for some other purposes than what they are programmed to. Also these robots need maintenance from time to time so that they can work more efficiently and in a consistent manner. These robots are also prone to attacks so these should be made with utter care and full security feature so that others cannot bypass these systems. References lamo, J. R., Benito, M., Carranza, A. (2013). Towards An Architecture for Mobile Cloud Robotics. Bryman, A., Bell, E. (2015).Business research methods. Oxford University Press, USA. Car, D. (2014). Why Robotics?. Crane, A., Matten, D. (2016).Business ethics: Managing corporate citizenship and sustainability in the age of globalization. Oxford University Press. Gao, A., Carey, J. P., Murphy, R. J., Iordachita, I., Taylor, R. H., Armand, M. 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