Business law 1 Essay Example | Topics and Well Written Essays - 750 words - 1

Business law 1 - Essay Example Black hackers could penetrate company websites and steal information that would be fundamental to them. This trend has led companies to hire hackers whose primary function is to counter the work of the black hackers. The skyrocketing use of social media has created a cyber threat. Apart from individuals, businesses are getting into social media which has substantially increased the threat of attack. Companies have taken a step beyond policies and procedures and developed tactics to combat these attacks. File log systems, data leakage prevention and enhanced monitoring of the network are among the advanced technologies developed to curb cyber attacks on companies. Research has advised that large firms should look into developing specialist policing and forensic computer resources for easy detecting and mitigation of cyberspace strikes. Law enforcement agencies are targeting social media sites are they are the easy places to find data. The unwarranted use of social media is giving a rise in cyber harassment, identity theft, and cyber stalking. Users are being tracked, and their data stolen, and illegally used on other platforms. The biggest challenge to social media legislator is mitigating the risks to the users and providing appropriate remedies to the victims. Corporations have come up with the e-signature technology where individuals can sign documents online and deliver them with embedded sign on the owner. It has the same impact legally as the hardcopy signature and enables identification. However, with knowledge asymmetry in the internet usage, ill-intentioned users can hack and impersonate others for selfish reasons. It can also amount to identity theft. Trespass as a cyber tort may include sending spam emails and spyware that if negligently handled, may gather data from one computer and send back to the source of the email. The other emerging trend is the need for the

Multiple regression model Essay Example | Topics and Well Written Essays - 1750 words

Multiple regression model - Essay Example Despite the fact that there are numerous factors affecting the housing market, this paper will focus mainly on these four factors since they are the greatest determinants of the housing market. The comparison between real house prices and unemployment rates is rather an interesting one. The 1970s and 1980s national housing bubbles showed the true relationship between unemployment and house prices. The data from the housing bubbles indicated that real house prices declined until the rate of unemployment was at peak. Following the late 1980s housing bubbles, the Caser-Shiller index was of the suggestion that prices reduced for a few years after the unemployment rate peaked. Several studies also support this arguments hence the conclusion that house prices and unemployment rate exhibit a rather negative relationship. There is a correlation between house prices and inflation. In fact several researchers show that the relationship these two variables are 0.18-which is not strong but posit ive. The fact is; the global inflation has been relatively low for quite a lot of time and the interest rates have fallen dramatically during this low inflation rate period. An increase in money supply in the economy causes inflation and house prices to increase. As mentioned earlier, there are a lot more factors that affect house prices and the relationship they exhibit is not as strong compared to the relationship that exist between inflation and house prices. One of the other factors is the rate of interest in the economy. Low interest rates means that home buyers can easily afford to buy a home. This will increase the demand hence eventually increasing the demand of the homes. In large cities like London-where availability to land is limited-you will realize a more distinct effect of inflation. Countries with high population are always characterized with high house prices. This is because high population will always increase the demand for the houses hence pushing up the housing prices. The bottom line is; if the construction industry is not able to satiate the demand for homes, the supply-demand imbalance will explain the unprecedented increase in real house prices. The economical state of the country is also important in determining prices of the houses. Countries with high GDP are experienced with high per capita income hence high demand for housing units which results to higher housing prices. This explains the reason as to why buying a house in a developed country is expensive as compared to underdeveloped or developing countries. This paper will try to analyze the relationship that exists between house prices; GDP, interest rates, population and unemployment rates. Through these variables, the paper will try to determine how house prices are affected by interest rates, GDP, population and unemployment rate in a country. A regression model will be developed: that will eventually be used to project the level of house prices in the future. Objective of the study The main goal of this study is to determine how house prices are affected by factors such as interest rates, GDP, population and unemployment rates. Assumptions of the study Assumptions are vital concept of empirical studies. Just like any other empirical study, this study applies some statistical assumptions in order to achieve the much needed results. These assumptions include: The mean difference is zero The data is normally distributed The variance of the two