6 Pros and Cons of the Sarbanes-Oxley Act

With a number of scandals such as Enron and Worldcom that shocked the financial world, a bill was passed that required the individual certification and disclosure of top management of financial information with absolute accuracy, known as the Sarbanes-Oxley Act of 2002 or SOX. Aside from this, punishment for fraudulent financial activities became more severe, […]

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10 Pros and Cons of the Right to Bear Arms

Officially the 2nd Amendment of the US Constitution, the Right to Bear Arms was signed into law collectively encompassing the nine amendments that compose the Bill of Rights. The law states, “Well governed armed forces, which are vital to provide security and protection to the independent State, shall not disobey the natural right of a […]

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6 Pros and Cons of the Pass Fail Grading System

One method of assessing the knowledge of a student or a test-taker as well as determining the effectiveness of instruction is known as a pass/fail grading system. In this grading method, the teacher or test center assigns a minimum number of points to be answered correctly or the weight of the correct answers as against […]

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10 Pros and Cons of the No Child Left Behind Act

The No Child Left Behind Act or NCLB is an update of the Elementary and Secondary Education Act that holds schools accountable for student outcomes. It supports standardized educational reforms and enables the provision of valuable objectives and high standards in the education system. Unfortunately, the federal government could hardly provide the right funding for […]

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10 Pros and Cons of the Market Economy

The market economy is widely practiced by many countries around the world, including the US. In this type of economic system, the market is being run by the law of supply and demand, where a central authority or the government does not have the power to dictate what products are to be sold, unlike the […]

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6 Pros And Cons of the Kyoto Protocol

The Kyoto Protocol is an international treaty designed to reduce greenhouse gas emissions. It was born on the premise that global warming exists due to human activities. The legal binding agreement helps ensure that State Parties would contribute to mitigate global warming. List of Pros of Kyoto Protocol 1. Preservation of mankind’s future. The changes […]

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10 Pros And Cons of the Insanity Defense

Most probably, you must have heard about the incident where former US President Ronald Reagan was shot, back in the 1980s. As you can see, the person who performed the assassination attempt tried to push an insanity defense by the time he was under litigation for the crime. In a case like this, the accused […]

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10 Pros And Cons of the Global Warming Worst Case Scenario

When you talk about global warming, the most common thoughts you’d conjure are worst case scenarios. And that’s not surprising, considering how the effects of climate change have been felt by almost everyone in the world in recent years. More intense and frequent tornadoes, hurricanes, floods, forest fires, droughts, and heat waves make the headlines […]

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8 Pros And Cons of the Flat Tax

Wouldn’t it be great if filing your taxes would take only a few minutes? This may seem like a far-fetched dream, but it could actually become a reality through the implementation of a flat tax. This is a tax system that applies the same tax rate to everyone regardless of their income. There are also […]

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8 Pros And Cons of the Fair Tax Act

If you’ve experienced filing and paying taxes, you know how confusing and how much of a hassle it can be. Many people don’t only complain about the complex process, they also express that wealthy persons and families, businesses, and special interest groups pay less tax than they’re supposed to due to certain exemptions and loopholes. […]

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