Nobody downloaded yet

ECA - Essay Example

Comments (0) Cite this document
Summary
The new equivalised income is more than half of Magdi’s equivalised income because the couple have changed the cost of achieving a standard of living. Since Sara is not contributing any income, Magdi becomes a breadwinner that would support the new household expenses…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.7% of users find it useful
ECA
Read TextPreview

Extract of sample "ECA"

Download file to see previous pages Second, she is not entitled to tax credits because she has no child. A mother with a child is entitled to tax credit even if she is working part time.
1.3 The total tax credit would increase because the working tax grows as their income dropped. Even if Magdi is working less than 30 hours per week, he is entitled to working tax credit because his father needs care.
1.4 a. Option A will bring more income into the household because the loss of income will be recovered. Furthermore, caring for his father can be done by Sara. The household will still be entitled to a working tax credit thus increasing the source of income which would include the attendance allowance given for the father that is tax free. Also, when Magdi works until the age of 65, he will not incur losses in his pension.
b. Option B might bring new source of income for the household because the Magdi would be entitled to Carer’s Allowance. The Carer’s allowance can be paid to both Magdi and Sara. Carer’s allowance is designed to replace earnings that are lost through being a full-time care giver.
2.1 a. Their insurance payout does not match the full amount of their income loss because of state benefits will produce only a well below average income, thus the payout is insufficient to sustain an existing standard of living. Also, the payout is subject to inflation rates. When insurance is a level type the value of the payout income is lesser because it is affected by the inflation rate during such pay out.
2.2 a. Asymmetric information is a situation where one party knows something that another party does not. It is used to refer to information on insurance. Insurers have the information about probabilities of adverse events occurring and base their pricing decisions on those probabilities which they have worked out from their years of claims experience. Individuals, on the other ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“ECA Essay Example | Topics and Well Written Essays - 2250 words”, n.d.)
ECA Essay Example | Topics and Well Written Essays - 2250 words. Retrieved from https://studentshare.org/miscellaneous/1557522-eca
(ECA Essay Example | Topics and Well Written Essays - 2250 Words)
ECA Essay Example | Topics and Well Written Essays - 2250 Words. https://studentshare.org/miscellaneous/1557522-eca.
“ECA Essay Example | Topics and Well Written Essays - 2250 Words”, n.d. https://studentshare.org/miscellaneous/1557522-eca.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF ECA

The assessment for this module is an End Course Assessment (ECA) constituting report based on the MINI case study

...?ANALYSIS OF CURRENT MARKETING STRATEGY OF MINI: The organizations have been coming up with different marketing strategies in order to market and promote themselves to the customers (Anderson, 1982). It is important for the organizations to come up with proper differentiation and positioning strategy in order to create the competitive advantage and remain competitive in the industry (Baines, Fill, and Page, 2010). Analysis of the MINI Brand reveals that it has been launched in the market as n individual brand by BMW. Although, BMW leverages its brand equity to MINI, but it (BMW) has allowed MINI cars to retain and develop their own identity and associations. This strategy has a twofold application; firstly it helps the parent... OF CURRENT...
15 Pages(3750 words)Essay

Public Law - Parliamentary Sovereignty

...(the ECA)15, which expressly gives legal effect to EC law has led to the creation of what has been described as “a new legal order16”, directly undermining the entrenched constitutional notion of sovereignty17. Section 2(4) of the ECA provides that “any legislation passed or to be passed… shall be construed and take effect subject to” the enforcement in the United Kingdom of directly effective rules of Community law18. Section 3 further provides for a direct duty for UK courts to determine questions of community law in accordance with principles laid down by the case law of the European Court of Justice (ECJ). The threat to Parliamentary Sovereignty and the separation of powers from EC initiatives has...
6 Pages(1500 words)Essay

Dental public health 2(Hospitalization of children for oral health related conditions in Western Australia)

8 Pages(2000 words)Essay

The Ethical Conduct within AIM and ECA

...The Ethical Conduct within AIM and ECA Executive Summary This research study aims at identifying the ethical conduct being practiced within AIM and ECA. This study has further assisted in deriving information regarding the ethical practices being executed within the group. Furthermore, it also reveals about unethical practice that emerges from non-adherence of ethical conducts. AIM’s ethical standard focuses on providing skilled managers. Wherein, ECA’s behavioral standard focuses on mitigating the interest and issues pertaining to children and the families. The findings from the study have further stated that there are certain similarities and dissimilarities of ethical codes within...
8 Pages(2000 words)Research Paper

Constitutional & Administrative Law

... sovereignty." (Jennings, I, (1959), The Law and the Constitution, 5thedn, chapter 4) In the recent times, the political supremacy of Parliament in UK has been affected by membership of international organisations such as NATO and the IMF, the legal sovereignty, in that Parliament alone makes the law, has notionally, remained absolute. The introduction of the European Communities Act 1972 (ECA 1972) and the Human Rights Act 1998 (HRA 1998) into our domestic law, has to a large extent raised questions about the consequences on that 'absolute' legal sovereignty. Here let us consider the constitutional implications of both these Acts and analyse their impact on the principle of Parliamentary Sovereignty. With the inclusion of UK... largely...
11 Pages(2750 words)Essay

Social Science/Social Policy ECA

...ECA: EVIDENCE THAT SOCIAL POLICY CONSTRUCTS PERSONAL LIVES OF CHILDREN AND YOUNG PEOPLE INTRODUCTION The theme of this essay is a discussion of the dynamic inter-relationship between social policy, specifically addressing the issues of care and sexuality, and personal life. The premise of this essay is that the broad-based concepts of care and sexuality are mutually constituted such that the personal lives of individuals affect the construction of social policy as it also shapes personal experience. The mutual constitution of social policy and personal life are defined by four essential concepts, including sexuality, care, work and citizenship. Each of these concepts may be explored on the basis of their theoretical...
16 Pages(4000 words)Essay

Public Law (LLB) Factoortame judgement

...Parliamentary Sovereignty and the Decision in Factortame The Factortame judgment effectively disapplied legislation that conflicted with EC law1. The UK Merchant Shipping Act 1988, disallowed Spanish companies from fishing in British waters. Since, this act breached EU law, the House of Lords suspended it2. The disapplication of an Act of Parliament entrenched the supremacy of EC Law over UK law; in compliance with the European Communities Act3. Section 2(1) of the ECA requires EC Law to be incorporated into national law, without any further enactment by the Member State4. The unconditional revocation of section 2(4) of the ECA is precluded by section 2 of the very same act; which treats legislation that...
4 Pages(1000 words)Essay

Conduct a critical analysis of HHE Report No. HETA-92-0073-2337, United States Postal Service, General Mail Facility, Denver, Colorado NOTE: Deals with mail handling equipment

...HHE Report No. HETA-92-0073-2337 analysis al affiliation HHE Report No. HETA-92-0073-2337 analysis Ergonomic issues involved One of the leading ergonomic issues discussed in the report is the disclosure of the feeder on the BCS towards similar probable ergonomic risks. These risks reflect perils those feeders on ECA OCR machinery encountered. Apart from the likely perils aspects linked to sleeving and catering to stackers of the machinery, the sweeper on the ECA CBS also exhibited similar ergonomic risks as the sweepers on the ECA OCR. This posed another ergonomic issue that made all ECA feeders become exposed to similar risk aspects that did not cater to the...
4 Pages(1000 words)Research Paper

Critically examine the European Court of Justice (ECJ)s concept of supremacy of EC Law with the aid of case examples

...is only applied by an act of Parliament not by the direct application of treaty law (Aust, 2008). For example, the European Community Act 1972 (ECA) provides that the EC Treaty will be given “legal effect” in the UK “without further enactment” and all national laws must be interpreted in such a way as to give effect to Community law (ECA ss. 2(1) and 2(4)). Even so, when applying Community law, the UK will not apply its own law to the interpretation and application of Community law and will be bound by decisions of the ECJ (Aust, 2008). In Thoburn (2002) Laws LJ ruled that the authority for the application of Community law is derived from the ECA and not from Community law. Thus the...
4 Pages(1000 words)Essay

Automatic Control and Systems Engineering

...Automatic Control and Systems Engineering Literature Review Changes in new business environments have shaped the necessity for a more well-organized and effectual business process management. The workflow management scheme is software that assists in important business processes as healthy as automatically controlling the implementation of the processes. This document proposes a new move toward to the automatic carrying out of commerce processes by means of Event-Condition-Action (ECA) system that can be automatically triggered by an lively database. First of all, we suggest the notion of blocks that can categorize process flows into more than a few patterns. A block is a negligible component that can state the behaviors...
19 Pages(4750 words)Literature review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic ECA for FREE!

Contact Us