Administrative law and options are available to Cameron

You work for a firm that specializes in representing financial services clients, with a specialty in insurance industry compliance. Cameron Davis walks into your office one day and explains that he has an issue that he needs help resolving.
Cameron works as public insurance claims adjuster in the state of New Tudor. He spends most of his days evaluating policyholder’s claims by reading through policies, interviewing witnesses, conducting inspections of the property damage and fighting with insurers to make sure his clients get a fair claims settlement.
Freedonia DOI Regulation 101 states, “No person shall act as an adjuster in this state without first obtaining an insurance adjuster license.” Thus, to work as a public insurance claims adjuster in the state of New Tudor, you need an adjuster’s license granted by the New Tudor Department of Insurance (DOI).
Cameron recently received a letter from the DOl stating that he was in violation of New Tudor DOl regulation 101. Cameron was perplexed by this letter, since he went through great lengths to ensure he followed all the right steps in order to obtain an adjuster’s license. He called the DOI and spoke with Mary Jane, who told him that in order to obtain a license; he needed to fill out an application and mail in $100, payable to the DOI. Mary said that once he did this, he could begin adjusting claims for the public. Cameron followed Mary’s instructions and then began operating as a public insurance adjuster. The DOl’s letter said that Cameron did not take the exam requirement, which is necessary before obtaining an adjuster’s license. The letter ended with a statement saying that Cameron could submit written evidence that he had complied with the exam requirement, but that no formal hearing would be granted. Also, if Cameron was indeed found to have acted as an adjuster without being properly licensed, he would have to pay a fine in the amount of $10,000 to the DOI. Cameron is obviously concerned about paying the fine, which he believes is exorbitant. However, Cameron is also concerned about the legal costs associated with litigating this issue. Your supervising attorney has asked you to prepare a memo that identifies all potential issues relative to administrative law and determines which options are available to Cameron in order to contest the fine.

 

 

Sample Solution 

Section 1 – Project Objectives and by and large exploration approach
1.1 Reasons for Choosing the point and association

Enthusiastically for Finance and a craving for abundance creation through putting resources into productive endeavors, I have consistently attempted to evaluate and examine the exhibition stocks (organization’s) on the stock trade to see which may be productive. I therefor picked this subject since it would assist me with fostering the capacity to all the more likely examine organizations exhibitions, and furthermore to additional my vocation in finance. Throughout the span of my ACCA studies, I have been expected to assess the monetary exhibition (performing proportion examination) of associations, get ready and decipher budget reports (F5, F7, and F9), and to perform business examination. I therefor look to apply this information in a genuine circumstance subsequently this point appears to be great.

Humanity has for a very long time, relied upon the tremendous abundance of assets underneath the planet’s surface; from farming which was the significant action of early man to mining (the extraction of important minerals from the earth).

Mining has been a significant supporter the worldwide economy. A review distributed in 2013 observed that the worldwide gold industry’s commitment to the world’s economy was in excess of 150 nations around the world, as this area alone created more than $171 billions (Cecilia Jamasmie, 2015). As indicated by Mark Cutifani, CEO of AngloGold Ashanti (2012), “mining straightforwardly or by implication drives over 45% of the world’s total national output” (GDP) (Martin Creamer, 2012). This developing significance of the mining business to the worldwide economy was a critical driver to my choice of this area.

I additionally end up working in the ranger service area that likewise manages the extraction of normal assets, this nearness to nature additionally added to my decision of industry

I picked Fresnillo Plc on the grounds that it is perhaps of the biggest silver maker on the planet. The London-recorded organization works a few silver and mother lodes in Mexico. In spite of a drop in Mexican silver creation in 2014, the nation actually stayed the most elevated silver maker around the world, with Fresnillo at its front. The organization is versatile and has a designated creation result of in excess of 65 million ounces of silver by 2018 (Investing News Network, 2015).

1.2 Research points and goals

Dissect and assess the monetary exhibition of Fresnillo Plc for the 3 years finished 31st December 2017
Distinguish the elements that have affected the business and monetary execution of Fresnillo over these years These goals would be accomplished by giving solutions to the accompanying inquiries:
What has been the monetary presentation of Fresnillo Plc over the 3 years finishing 31st December 2017, in contrast with Tahoe Resources Inc.?
How has the qualities, shortcomings, potential open doors, and dangers to Fresnillo, impacted their exhibition (both monetary and nonfinancial) over the long term period?
How has Political, Economic, Social, and Technological elements impacted the presentation (monetary and nonfinancial) of Fresnillo?
1.3 Framework for RAP

The report examinations the monetary exhibition of Fresnillo Plc for the 3 years finishing 31st December 2017. This is worked with by the utilization of proportions, for example, productivity, liquidity, equipping, and financial backer proportions.

To more readily assess the presentation of Fresnillo, their exhibition is benchmarked against that of Tahoe Resources Inc.

The report then, at that point, goes further to dissect the effect of the business climate on the presentation of Fresnillo, by utilizing the SWOT system to analyzing its assets, shortcomings, open doors, and dangers. It additionally utilizes the PEST model to evaluate the effect of political, financial, social, and mechanical variables on Fresnillo Plc.

Section 2 – Information assembling and bookkeeping/business strategies
2.1 Sources of data

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