Tuesday, December 31, 2019

Ethics Officer Essay - 1587 Words

Ethics Officer However, eliminating unethical behavior does not just stop in the education. Corporations must be governed throughout all their business transactions. The proposal is that all corporations that are publically traded and have shareholders must employ an ethics officer. The ethics officer will be immune from firings that are unjustified. They will not be part of an employment at-will doctrine (Cross Miller, 2012). It is proposed that the ethics officer also be part of the corporation’s board of directors, and they have the ability to trump all decisions that are unethical. The ethics officer will not be paid by the corporation but part of their salary will come from the shareholders investments. Not only will they†¦show more content†¦An ethics officer can ensure that their company will never make that kind of name for themselves. Therefore, they are a protector for the company. Code of Ethics According to Cross Miller (2012), an effective way to establish an ethical tone is to create a Corporate Code of Ethics that the company follows. In a sense the one of the most important members of a corporation will be the ethics officer. This is because the ethics officer will be in control of writing a code of conduct that all employees must adhere to. Many companies have a code of conduct, but many times it is just limited to: do not be late to work, wear certain clothing or uniforms to work etc. However, the ethics officer’s code of conduct will vary considerably too many companies’ codes of conduct. The ethics codes of conduct will outline what the organizations expectations are and the officer’s expectations. These expectations will fall directly in line with what society will expect from the organization and nothing less. The code of conduct will be implemented on the employees first day of work during an orientation period. The new employ ees will have to sign an agreement to follow and obey all code of conduct rules and regulations, and failure to do so will result in disciplinary action or termination of their employment. Having a visible code of ethics will help because it â€Å"indicates the company’s commitment to legal compliance, as well as to the welfare of its customers orShow MoreRelatedThe Ethics Of Police Officers967 Words   |  4 PagesPolice officers not only have to follow a set of rules and legislation, but they also must behave in a decent manner while on duty as well as off duty. Unfortunately, nobody is perfect, and police officers also make wrong decisions that could jeopardize the integrity of their police department. Often people know something they do is wrong. However, they still do it because they feel no harm will come to them or it they think nobody will ever find out. For instance, cheating on a test is wrong, butRead MoreThe Ethics Of An Ethical Officer1074 Words   |  5 Page ssubject of business ethics, as well as its importance to businesses and organizations. However despite this, there has not been much written on exactly how businesses should be ensuring ethical practices are being implemented. One proposal to help businesses manage the ethical problems and issues that arise with large business was the creation of a role to handle ethical issues and problems that may occur within the organization. That role became what is now known as an ethics officer. The job of an ethicalRead MoreThe Ethics Of The Executive Officer Of Citibank Essay892 Words   |  4 PagesIt has been found that the dignity and right of the employees have been expressed by the ethics of leaderships. In this assignment the chosen organization for study is Citibank. Citibank was started in the year of 1812 at New York City. They started their business in New Zealand in 1902. It has been observed that Citibank has developed their code of ethics and the management has taken the help the code of ethics to control the functions. 1. Ethical leadership and culture: 1.1 Ethical philosophy: TheRead MoreThe Ethics Of The Arizona Peace Officer Standards And Training Board941 Words   |  4 Pagesprovide an explanation of how the principles contained in a code of ethics for my discipline relate to the issue. Law enforcement has one key ethical issue: integrity. Dictionary.com defines integrity as â€Å"adherence to moral and ethical principles; soundness of moral character; honesty.† According to Cartwright, G. (2010) those who work in law enforcement â€Å"deal with temptation continually.† He continues by explaining that while most officers make the right decision, some do not. When the actions of lawRead MoreThe Ethics Of The Police Officer1827 Words   |  8 PagesIntroduction Ethics may be defined as the, â€Å"principle of honor and morality; accepted rules of conduct; the principle of conduct governing an individual or group (Maine Criminal Justice Academy [MCJA], 2002, p. 3). Trust and integrity are precious resources, easily squandered, hard to regain. They can thrive only on a foundation of respect for veracity (Bok, 1989). The need for ethical policing serves as a necessary foundation for the establishment of trust and respect between the community and thoseRead MoreChief Executive Officer and Ethics Program995 Words   |  4 PagesHRDV- 3330-10SU12 1. Imagine that its your responsibility to select an ethics officer for your organization. What qualities, background, and experience would you look for? Why? I would look for someone who has excellent ethics. A candidate would be someone who looks at the letter of the law when developing guidelines and knows what the industry standard is for those guidelines. Someone who can sees both sides of an issue. A specific background is not needed for this position. KnowledgeRead MoreCase Study : Chief Legal / Ethics Officer2238 Words   |  9 PagesCase Study â€Å"As Chief legal/ethics officer /compliance officer of ABC hospital, you are responsible for providing guidance and leadership to your health care employees. You hold monthly meetings for high-level staff to address employee and other concerns. In your most recent staff meeting, you focused on trends that are alarming to you: a rising employee turnover rate and declining morale among staff. What leadership competencies are needed to reverse these trends? Propose a plan for the hospitalRead MoreEthics and Law Enforcement: Ethical Conduct for Police Officers676 Words   |  3 PagesEthical Conduct for Police Officers Ethics among police officers is critical to maintaining law and order in a democratic society. Whether responding, investigating, interrogating, interviewing, or handling evidence, police interface directly with citizens and possess a great deal of power (Borello, 2012). When they are corrupt or otherwise unethical, it compromises balance and safety in a community and in society as a whole. Ethical behavior helps instill public trust in the systems and policiesRead MoreEthics And Morals That Make For A Good Law Enforcement Officer1625 Words   |  7 PagesThere are many ethics and morals that make for a good law enforcement officer, and more importantly for a good person. When I joined the military I was introduced to the acronym LDRSHIP (interestingly during basic training they actually taught it as RCHILDS). I found it amazing that the values that the military stressed were so unfamiliar to many of the soldiers. I grew up in a household that used the â€Å"Army† values a s a standard for living a good and productive life. The values that the ArmyRead MoreThe Importance Of Serving As A Naval Officer838 Words   |  4 PagesOne of the most interesting and, at times, challenging aspects of serving as a Naval Officer is working with a team of people from a diverse background. The sailors I have worked with come from all over the United States, and even some from other countries. While this has led to a rich experience, it sometimes presented a leadership challenge. What I found out quickly was that every sailor approached his or her service in the Navy slightly different. Some sailors served because a relative did

Monday, December 23, 2019

Profile Of The Respondents The Final Questionnaire

Profile of the respondents: The final questionnaire is distributed to 320 respondents representing 56.25% are from Rajshahi University and 43.75% from Khulna University students. Among them 63.8% are male and 36.3% female respectively. Most of the visitors are in the age group of 21-25 years representing 90.3% of the respondents. Respondents less than 20 years of age are the second largest portion, representing 5% of the respondents. All of the respondents’ professional backgrounds are students of graduation and post-graduation level where 55.3% are 3rd year of graduation level. While 32.8% are in the 4rd year, 6.3% in 2nd Year, 4.7% in post-graduation level and only 0.9% are in 1st year level of graduation education. With regards to parents monthly income measures in taka, the survey reveals that 27.5% of the students report their parents monthly income in the range between 10,000tk to 20,000 tk. and 17.5% of the students’ parents earn less than 10000 tk. it denotes th at most of the visitors fall in lower level income group. While 74.1% of the students are unmarried and 25% are married respectively whereas 0.9% are in others group. A large group of respondents 45% are from Khulna division which indicates that the students of Khulna division are like to visit in the beaches. At the same time 29.4% are from Rajshahi division and 1.6% is from Sylhet division. (See Appendix Table-04). The Student attitudes and beliefs for Saint Martin and Cox’s Bazar Sea Beach are 32.2 andShow MoreRelatedA Research Study On Research Design1177 Words   |  5 Pagesstudy’s sample size. TABLE 1 When it came to the respondents’ demographic profile, a total of 122 (45%) of the respondents were females while the rest (150) that made up 55% were males. About the age group of the respondents, 185 (58%) were below the age of 35 years while 200 (74%) were those respondents who have been working in their particular departments for less than 5 years. When it comes to the employment type, 223 (82%) of the respondents were employed by the department permanently. RegardingRead MoreEssay on Examining Flexibility in Small Business878 Words   |  4 Pagespaper endorsed a number of acknowledged scholar techniques. The objective was to farm those techniques in order to spell out an acceptable managerial instrument, and to anticipate the concept of flexibility. a) Questionnaire /constructs development For developing a questionnaire, exploratory research is needed to investigate the likely determinants or attributes to be considered. Personal or focus interviews with the service users would be recommended. And for defining the scale attributesRead MoreNational Insurance Company Case1494 Words   |  6 Pagesthe questionnaire shown in Exhibit 1. The items in Section 1 of the questionnaire pertain to customers’ evaluation of National’s service along five dimensions. Section 2 is designed to determine the relative importance of the five dimensions. 1 This case was written by Professor A. Parasuraman of the University of Miami. Used by permission of the author. 1 Section 3 contains several questions relating to customers’ overall experience with National. The final section focuses on respondents demographicRead MoreEssay On Business Development1067 Words   |  5 Pages Before jumping into main analysis of this study, there would be some preliminary analysis phases, such as data inspection, recoding answers, and calculating response rate. By setting out the results of questionnaire, the findings would be demonstrated in sequential way which started by profile of participating SMEs for illustrating some demographical data. Following to that, the responses of information technology business value section would be analysed per each company. This phase would helpRead MoreTechnology And Social Problems1229 Words   |  5 Pagespertaining to the youth culture and the health care practices in our society. Scope of the study The research was conducted in in an institution of higher learning. Students in University will be used as respondents. Research questionnaires was administered to a study sample of 50 respondents. This study was a descriptive survey, and was carried out in September 2017. Methodology for Data Collection and Analysis The investigation utilized a representative survey which was preferred because it wouldRead MoreBuying Behavior Towards Instant Food1542 Words   |  7 PagesCONSUMERS TOWARDS INSTANT FOOD PRODUCTS IN SURAT CITY† CONSTRUCTS : †¢ Consumer †¢ Byuying Behavior †¢ Instant food products OPERATIONAL DEFINITION OF CONSTRUCTS: Consumer : A  consumer  is a person or group of people who are the final users of products and or services generated within a social system. A consumer may be a person or group, such as a  household. The concept of a consumer may vary significantly by context. Or An individual who buys products or services for personal useRead MoreSample Chapter 1 thesis1536 Words   |  7 Pagesthe research sought to answer the following questions: 1. What is the profile of the respondents in terms of following: 1.1. age; 1.2. course; 1.3. year level; and 2. What are the shampoo brands bought by the respondents? 3. How often do the respondents buy the shampoo brands? 4. How often are the respondents exposed to television shampoo commercials? 5. To what extent do the shampoo advertisements affect the respondents’ buying behaviour? Significance of the Study Today, a large numberRead MoreTesting : Testing And Testing838 Words   |  4 Pagesoff the information of other doctors’ patients. This will enable the doctors to enter blood pressures, blood test results, depression indicators and keep their own notes for each session. It will also enable patients to easily see their own medical profiles and the doctor’s notes as well as restricting them from accessing other details. Also important, the database will allow only the two researchers to see everything, that is, all doctors’ notes, all patients’ information and which drug each patientRead MoreOnline DTR and Payroll System using RFID with SMS1657 Words   |  7 Pagessalary so that they have also a different pay slip. Population and Sampling of Data The developers conducted a study to look what are the possible ways, wherein the sample units of respondents will be used in the study. Quota Sampling is to be conducted in this study because the proponents will select the respondents to be included in the study until the desired sample size is reached. Quota Sampling is one of the methods that can be used under the Non-Probability sampling. Non-ProbabilityRead MorePsychological Struggle and Academic Performance of Single Parents2281 Words   |  10 Pages Statement of the Problem This study focuses on the relationship between psychological struggle and academic performance of the Single parents. Specifically, this study will answer the following questions: 1. What is the demographic profile of the respondents in terms of: 1.1 Age 1.2 Gender 1.3 Civil status 1.4 Number of children? 2. What is the level of psychological struggle of the single parents in terms of: 2.1 Economic 2.2 Social 2.3 Psychological? 3. What is the level of academic performance

Saturday, December 14, 2019

The U.S. Securities and Exchange Commission Free Essays

The U. S. Securities and Exchange Commission In economic society, most people like to invest their fortunes in the capital market and security market. We will write a custom essay sample on The U.S. Securities and Exchange Commission or any similar topic only for you Order Now As more and more investors join in the investing market which is very complex and fascinating, and it can be successful. Unlike the deposits are hypothecated by the federal government, stocks, bonds and other securities can lose value in capital market because their no surety.So the security and exchange commission play an important role in the capital market, and the important thing is the security and exchange commission demands the public companies should be disclose the meaningful financial and other information to the public. This provides an equitable environment and common knowledge for the investors who can make a decision for buy, sell or hold a security. The security and exchange commission supervises the key participants in the securities market, which contains securities brokers and dealers, securities exchanges, investment advisors, and mutual funds.The security and exchange commission is concerned primarily with promoting the disclosure of important market-related info rmation, maintaining fair dealing, and protecting against fraud. Every year, the security and exchange commission works closely with other institutions, such as Congress, other federal departments and agencies, the self-regulatory organizations, state securities regulators, and various private sector organizations. The other thing is the security and exchange commission use the securities laws to deal with civil enforcement actions against individuals and companies which has typical infractions.The responsibility of the U. S. security and exchange commission is to protect the investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. This article is an overview of the Securities and Exchange Commission history, role of the division of different offices, how the Securities and Exchange Commission maintains market, and how Securities and Exchange Commission facilitates capital formation. (a)When, Why, and by What Authority the SEC was Formed The Securities and Exchange Commission was found in a special period and has a meaningful history.The mission of the Securities and Exchange Commission is to protect investors and make the market stability. Before the Great Crash of 1929, fewness people support the federal regulation of the securities markets. After the post-World War I, the security activities increased faster, and the federal government required financial must prevent the fraudulent sale of stock and financial disclosed. During the 1920s, most investors found the advantage of the post-war prosperity, so they invested their money into stock market.When the Great Crash was occurred in 1929, investors lost their confidence for the markets plummeted. At the same time, banks who lent money to the investors lost much money ensuring Great Depression. In this background, there was a common sense to recover confidence of the investors for the stock market, so Congress held hearings to identify the problems and search for solutions. According the result of the hearing, Congress passed the Securities Act of 1933 during the Depression year. The Securities and Exchange Commission was created base on this law and the Securities Exchange Act of 1934.The purpose was to restore the confidence of the investors in capital market and clear rules of honest dealing. Congress established the Securities and Exchange Commission in 1934, and implemented the newly-passed securities laws to promoted the capital and protect the investors. The important thing were monitored the securities industry, required companies should be offered securities for investment dollars, must told the public the truth about their businesses, the securities they were selling, and the risks involved in investing. b)The Role of the Division of Corporation Finance The role of the division corporation finance is that assists the Commission implement its responsibility to superintend corporate disclosure of important information to the investing public. Company must be obeying the regulations pertaining to disclosure that must be made when the initial stock is sold in the next period of time. The staff of division periodically reviews the disclosure documents submitted by the company. The staff also provides assistance to explain the rules of the Commission to companies and recommend the new rules adopted by the Commission. The Division of Corporation Finance requires publicly-held companies should file the documents that reviewed by the Commission. These documents include registration statements for newly-offered securities, annual and quarterly filings (Forms 10-K and 10-Q), proxy materials sent to shareholders before an annual meeting, annual reports to shareholders, documents concerning ender offers, and filings related to mergers and acquisitions. The staff reviews and checks the documents by disclosure requirements to improve the quality of the disclosure documents by the publicly-held companies. The staff of Division offered guidance and counseling to registrants, prospective registrants, and help the public obey the law. Corporation Finance provides administrative explanation of the Securities Act of 1933, the Securities Exchange Act of 1934, and the Trust Indenture Act of 1939, and recommends regulations to implement these statutes.Working closely with the Financial Accounting Standards Board (FASB), generally accepted accounting principles (GAAP). Corporation Finance uses a more formal manner is no-action letters to issue guidance. Corporation Finance also monitors the use by U. S. registrants of International Financial Reporting Standards (IFRS), issued by the International Accounting Standards Board. (c)The Role of the Division of Trading and Marketing The role of the Division of Trading and Marketing is that assists the Commission implement its responsibility for maintaining fair, orderly, and efficient markets.The Division’s staff provides monitor major participants of the securities market, such as the securities exchanges; securities firms; self-regulatory organizations (SROs) including the Financial Industry Regulatory Authority (FInRA), the Municipal Securities Rulemaking Board (MSRB), clearing agencies that help facilitate trade settlement; transfer agents (parties that maintain records of securities owners); securities information processors; and credit rating agencies.The Division also monitors Securities In vestor Protection Corporation (SIPC) that makes sure securities and cash in the customer accounts of the failed member brokerage firms. The additional responsibilities of Division include enforce financial integrity program for broker-dealers of the Commission, reviewing recommended new rules and change to existing rules submit by the SROs, assist the Commission to establish rules and publish interpretations on matters affecting the operation of the securities markets, and monitor the markets. d)The Role of the Division of Investment Management The role of the Division of Investment Management is that assists the Commission implement its responsibility for investor protection and for promoting capital formation through oversight and regulation of America’s $26 trillion investment management industry. This is an important part of capital markets include investment advisers and professional fund managers who advise customer exchange-traded mutual funds and other investments that monitored by the Division.The Division of the Investment Management insures the disclosures about the investment useful by the custome rs who can accept the regulatory costs. The additional responsibilities of Division include advising the Commission on adapting SEC rules to new circumstances, responding to no-action requests and requests for exceptive relief, reviewing investment company and investment adviser filings. The Division assisting the Commission in enforcement matters involving investment companies and advisers, assisting the Commission in interpreting laws and regulations for the public, and enforcement staff. e)The Role of the Division of Enforcement The security and exchange commission is a enforce agency of law. The role of the Division of Enforcement is that assists the Commission implement its law enforcement function by recommending the commencement of investigations of securities law violations, by recommending that the Commission bring civil actions in federal court or before an administrative law judge, and by prosecuting these cases on behalf of the Commission.As a civil enforcement authority of the SEC, Division working closely with law enforcement agencies and bring criminal cases when appropriate around the world. The division acquires evidence from different souses. All investigations of the SEC are conducted privately. Through informal inquiry, interviewing witnesses, examining brokerage records, reviewing trading data, and other methods, Division’s staff may find some violations of the securities laws and provide its investigations to Commission who can authorize the staff bring an administrative action or to file a case in federal court.The Commission can make a decisio n with party to settle a matter without trial. (f)How the Securities and Exchange Commission Protects Investors The SEC is the truly â€Å"the Investor’s Advocate† and there has an Office of Investor Education and Advocacy to assist the Commission in ensuring that in all of the agency’s activities to serves individual investors who have problems when the agency takes action. The responsibility of the office’s policy and Investor Outreach review all agency action from the perspective of the individual investor.The investor disclosures are written by plain English and interactive data format is provided by the agency’s technology initiatives. The responsibility of the Office Investor Advocacy has for acting on investor tips, complaints and suggestions. Investors contact the SEC use the agency’s online to ask questions on a wide range of securities-related topics, to complain about problems with their investments or their financial professionals, or to suggest improvements to the agency’s regulations and procedures.The specialists and attorneys are trained by SEC, they provide information for these investors, find out informal resolutions of their complaints, and accept their good ideas to the Commission and agency’s staff. The illegal or abnormal activities of trend information from investor reports are provided critical intelligence to other SEC offices and divisions. The Office of Investor Education’s responsibility is the SEC’s investor education program. The major working is to guard against fraud for seniors.Also the investors can use the Securities laws to protect themselves, because the securities laws broadly prohibit fraudulent activities of any kind in connection with the offer, purchase, or sale of securities. An important aspect of the SEC’s reasonability is the disclosure of important financial and corporate information to the public. Through the Division of Corporate Finance, the SEC insures that corporate information is made issued available to investors as a result of obedience of corporations with the SEC regulations. g)The Meaning of Fair, Orderly, and Efficient Markets and How SEC Maintains Market in Such Fashion The meaning of fair, orderly, and efficient markets has a simple and straightforward concept that all investors, whether large institutions or private individuals should be obey the laws, public companies to disclose meaningful financial and other information to the public, through the steady flow of t imely, comprehensive, and accurate information can help people makes investment decisions when they are trading in the capital market.For establish the fair, orderly, and efficient market, the SEC adopts some measures, such as oversees the key participants in the securities world, including securities exchanges, securities brokers and dealers, investment advisors, and mutual funds, to issue typical infractions. The SEC requires the public companies to disclosure their meaningful financial and other information for the public. The functions of SEC is a monitor body to against fraud in securities sales, illegal sales practices and market manipulation in order to protect market honesty and facilitate capital formation.Through the Division of Trading and Markets, the SEC reviews trading enforced by securities exchanges, securities brokers and dealers, investment advisors, mutual funds, transfer agents, credit rating agencies, and the Municipal Securities Rulemaking Board (MSRB) to ensure fair and orderly markets. The responsible Division of Trading and Markets is for enforcing the SEC’s financial integrity program for broker-dealers, reviewing and suggesting changes to existing rules filed, and surveil the markets.Second, to make sure the purpose is always being met, the SEC working with all major participants of market, contain to learn some experience from the investors and listen to their concerns in our securities markets. Finally, the SEC deals with thousands cases against individuals and compani es for violation of the securities laws to protect all investors. Other else, the divisions and offices of the SEC could enforce their responsibility in the market. h)Capital Formation and How SEC Facilitates Capital Formation The meaning of the capital formation is used in macro-economics, national accounts, and financial economic. Sometimes it is also used in corporation accounts. It defined three ways, such as it has a special statistical concept and used in national accounts statistics, econometrics and macroeconomics. According this meaning, it indicates amount by which the capital stock or physical capital stock of a country or an economic sector in an accounting interval increased during an accounting period.As a modern general term for capital accumulation it is used in economic theory. In more recent times, Capital Formation has been used in financial economics to refer to savings drives, setting up financial institutions, fiscal measures, public borrowing, development of capital markets, privatization of financial institutions, and development of secondary financial markets. The SEC was established in 1934, which is an independent agency of the U. S. Government. Its responsibility for enforce and enhance of the federal securities laws. Attempt to protect investors against fraud in the sale of securities.The SEC’s role to insure the operate information is issued available to investors who can make investment decisions. In this context, the responsibility of SEC is for the rule of the behaviors of securities professionals and the orderly and efficient functioning of the markets to facilitate capital formation. The SEC maintains neutrality in resolving disputes. The fair, orderly, and efficient markets would attract investors and institutions to invest and trade their capital. The EEO Office is an independent office of any other SEC office.The EEO Office’s mission is to prevent employment discrimination, including discriminatory harassment, so that all SEC employees have the working environment to support them in their efforts to protect investors, maintain healthy markets, and promote capital formation. The Office of Public makes the work of the SEC open to the public, understandable to investors, and accountable to taxpayers. It helps every other SEC Divisions and Offices accomplish the agency’s overall mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.In conclusion, the SEC is the basic to the effective functioning of the U. S. economy. It provides transparent markets and accurate information to institutional and individual investors. In this way, investor’s confidence in the U. S. stock market becomes stronger and the corporations would like invest and development of their securities in the fair condition. For a long time, the SEC contributes for the American society stability and confidence. How to cite The U.S. Securities and Exchange Commission, Papers

Friday, December 6, 2019

Terms AMSCO Chapter free essay sample

Tariff of 181 6: first protective tariff to protect from British competition Congress raised the tariff rates on certain goods for the express purpose of protecting U. S. Manufacturers from ruin American manufacturers feared that British goods would be dumped on American markets and take away much of their business 7. Protective Tariffs: tax to protect against European competition 8. Henry Clays American System: a method to help advance the nations economic growth called the America System Composed of three parts: 1 . Protective tariffs 2. A national bank 3.Internal improvements 9. Second Bank of the United States: first Bank of America expired and second Bank of America was created for a stronger national bank 10. Panic of 1819: first major financial problem since the Constitution was ratified Largely the fault of the Second Bank of the United States who had tightened credit in a belated effort to control inflation Depression was most severe in the West Deflation of money 11. John Marshall: appointed to the Supreme Court in 1800 by Federalist President John Adams and was still leading the Court as its chief justiceInfluential in persuading other justices decisions Favored the central government and the rights or property against the advocates of the states rights 12. We will write a custom essay sample on Terms AMSCO Chapter or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Fletcher v. Peck (181 0): case involving land fraud that concluded that the State could not pass legislation invalidating a contract First time sate law declared unconstitutional 13. Dartmouth College v. Woodward (181 6): Dartmouth changed from a private institution to a public institution Struck down state law as unconstitutional, arguing that a contract for a private corporation could not be altered by state law 14.McCullough v. Maryland (1 819): ruled that the federal government had implied powers to create a bank and that a state could not tax a federal institution 15. Implied Powers: powers not expressly stated in Congress 16. Gibbons v. Ogden: ruled that New York monopoly unconstitutional and established federal governments control of interstate commerce 17. Missouri Compromise: created to preserve sectional balance between North and South, if Missouri became a slave state, Maine was to be a free state, and the rest of the Louisiana Territory prohibited slavery 18.Talladega Amendment: prohibited further introduction of slaves into Missouri, required children of slaves in Missouri to be emancipated at age 25 Defeated in Senate 19. Stephen Decatur: led a fleet to force the rulers of North America to allow U. S. Shipping use of Mediterranean 20. Rush-Bogota Agreement: limited naval armament of Great Lakes Fortified U. S. And Canada boundary 21 . Treaty of 181 8: stated that U. S. And Britain had shared fishing rights Off Of Newfoundland, joint occupation of Oregon, and set the northern limit of Louisiana territory at the 49th parallel 22.Andrew Jackson: sent to Florida to stop Seminole invaders, destroying villages, hanging chiefs, and driving out the Spanish governor 23. Florida Purchase Treaty: Spain gave U. S. The rest of western Florida and all of the east and its claims to Oregon in exchange for U. S. Assumption of $5 million claims against Spain and the U. S. Territorial claims for Texas 24. Monroe Doctrine: declared American continents free and unavailable for colonization by other countries 25. Lancaster Turnpike: road that connected Philadelphia with farmlands around Lancaster 26.