Answering the questions Assignment Example | Topics and Well Written Essays - 11250 words

Answering the questions - Assignment Example 3. It is extremely difficult to precisely define religion because there are several counterexamples posed. Diverse authors have provided various features of religion in their definitions. The feature of religion to express the complete reality of goodness in all aspects of living has been proposed by F.H. Bradley. On the other hand, C.P. Tiele has explained religion as the pure and authentic reverent disposition which is present in the mind frame and known as piety. 4. The working definition is that religion is constituted by a set of beliefs, actions and experiences, both personal and corporate, organized around a concept of an Ultimate Reality. Their definition is not satisfactory because a given religion, with its preferred attitudes and emotions, its prescribed rituals, its important stories and myths and its recommended way of life can never be fully understood. 5. Beliefs are truth claims or statements which are accepted to be true. In a particular sense, all religious have the ir bases in beliefs. The five basic areas of beliefs are as follows: a) Humans find themselves in a predicament b) Humans need a way to resolve the predicament c) There is an existence of a transcendent being which assists humans or is the very objective of existence d) This â€Å"something† can be approached or known in a particular manner e) Something must be done by human to achieve liberation or salvation 6. Philosophy of religion is the attempt to analyze and critically evaluate religious beliefs. This is mainly because philosophy is the study of beliefs and religious philosophy tries to evaluate the diverse beliefs on which religions are based. Religious philosophers try to seek answers to religious beliefs in determining whether they are consistent and coherent. Critical questions are raised as to whether religious beliefs are plausible, probable, meaningful and true. The twentieth century witnessed an advent of religious philosophers to be influenced by analogy. Thus, religious philosophy may also be referred to the study trying to analyze and clarify significant arguments and concepts. 7. a. The editors have an approach to critically review the diverse religious beliefs by trying to and clarify significant arguments and concepts. b. The issue in the discussion of â€Å"the God of the philosophers† and â€Å"the God of faith† is that rigorous intellectual investigation has nothing to offer to devout faith. 8. The unreflective persons are those who have not made a serious attempt to reflect on the grounds of opinions. On the other hand reflective persons are those who responsibly look at all relevant arguments, clarify key ideas and carefully trace the implications of beliefs. 9. The three points of a philosopher of religion is to try and think critically about the issues related to the theistic concept of God, respect serious and responsible thought despite the outcome and respecting the rational process demands that the points rec ognize the stance of philosophers of religion on significant issues. Assignment 1. A â€Å"person-relative view of proof† means that the argument should be sound with accurate premises and a valid conclusion should be drawn from the premises. A person should know the argument to be sound for it to function as a proof. The role of proof helps in extending knowledge and this

Contemporary Issues in Financial Services Essay - 3

Contemporary Issues in Financial Services - Essay Example Nonetheless, from this essay, one will understand that financial intermediaries are here to stay, considering their positive influence in the economy, which supersedes their negative influence in the economy. Financial markets exist in almost all countries in the world, as these play an important role in the economy of a country. A financial market can be defined as a type of market where there is the trade of money and other assets, which are in the form of finances. In this kind of market, financial assets are traded in different manners. For instance, this includes the exchange of previously traded financial assets, as well as the trade of new financial assets. Besley and Brigham (2011) note that, financial markets are different from asset markets, and that this is a conceptual term, since financial markets lack a specific location, as in the case of asset markets. In the financial markets, borrowers and lenders interact at different levels. Therefore, there is also borrowing and lending activities in financial markets. ... Financial markets are significant to an economy, because of the roles they play in a country. First, financial markets enable lending and borrowing to take place. This is through the granting of purchasing power to various agents, to transfer funds for different purposes, including investments and consumption (Burton, Nesiba & Brown 2009). Financial markets also play a significant role in determining prices for new financial assets and the existing ones. These also allow for the risk sharing between providers of funds and the investors. In addition, the stockholder in a financial market is given an opportunity to resell their financial assets, a process known as liquidity. Finally, financial markets help in the reduction of both the costs incurred in transaction and information, thus increasing the level of efficiency. Besley and Brigham emphasize the importance of financial markets, as enabling the flow of cash in the economy, since these avail different ways for lenders and borrowe rs to transact financially (2011). In the financial markets, there are different types of players, just as the case of any ordinary market dealing with goods and services. These various players in financial markets are what are referred to as ‘financial institutions.’ These mainly make their profits from the transactions between the borrowers and lenders in the financial markets. These financial institutions in the United States of America are classified into four major broad categories. These include brokers, financial intermediaries, dealers, and investment bankers. All these have their specific functions in financial markets, and therefore, are of high value. Sometimes, the financial markets