Curfews for teenagers Essay Example | Topics and Well Written Essays - 250 words

Curfews for teenagers - Essay Example Many of the drug abuse activities such as drinking of alcohol and smoking of cigarettes occur during the night at concerts and night clubs. Restriction of teenagers from staying out late at night prevents them from getting access into such areas. This curfew also helps in reducing the occurrences of premarital sex. Many of the premarital sexual activities between the teens occur during the night on events such as prom nights. The premarital sex between the teens has many consequences such as unwanted pregnancies, transmission of sexually infected diseases and emotional distress. Some people argue that curfew for teens are inappropriate and should not be practiced. Not imposing curfew for teens enables teenagers to be responsible for their actions and decision right from a tender age. This equips teenagers with the right behavior and qualities to put through their college lives. Despite this argument, it is still evident that curfew for teens is essential since it safeguards the teenagers who are not able to make right decisions for themselves due to their tender age (Thompson,

There is an ongoing debate about the cost-benefit relationship of Essay

There is an ongoing debate about the cost-benefit relationship of internal controls and their ethical implications - Essay Example investigators cited that the bank lacked strict safeguards against clients laundering money, following a suspicion that illicit drug money was streaming through their internal account. The Regulations by the Federal Reserve require banks to install tight internal controls in order to detect any criminal involvements in their operations (Silver-Greenberg, 2013). This is because weak controls facilitate drug dealers and terrorists to launder money through the financial institutions. The ethical implication of Citigroup’s case is that it failed to observe the Federal’s rules of having complex control mechanisms. In this regard, money laundering might have occurred to sustain the drug traders. Banks need to ensure that they scrutinize their clients to determine the sources and the recipients of the huge sums of money. It is also evident that the management tried to manipulate its financial statements to hide transactions involving the drug dealers. The bank failed to show the money streamed through its Mexican branches into the US, which was an indication of weak controls. The Federal Reserve claims that the bank does not oversee its operations, which leads to funneling of money in support of sanctioned individuals and countries (Silver-Greenberg, 2013). The accounting ethical standards involve the reporting of accurate financial information without manipulations. This implies that organizations should not tamper with their accounting books to make them appear more profitable to the shareholders and investors. For instance, Citigroup had tampered with its records after the money laundering fraud in the backdrop of increasing dividends. Financial institutions need to observe the Bank Secrecy Act by removing tainted cash through recording of doubtful-activity reports (Silver-Greenberg, 2013). This implies that the Citigroup management failed to comply with the rules set by the Federal Reserve, which led to probing into its activities. In order to strengthen