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PDF Editor FAQ

Was Theodore Kaczynski mentally ill? He was a math genius and erudite in other ways. He could have enriched people's lives instead killing them. What made him "turn to the dark side"?

In addition to being a Luddite as Bruce Spielbauer says, he was also a victim of torture.In 1959, while he was a student at Harvard, Kaczynski was recruited into a three-year psychology experiment intended to find out how much psychological torture a person could take before having a psychotic break. The experiments were conducted by Harvard psychology professor Henry Murray, who had previously worked for the Office of Strategic Services during WWII, and after the war worked as a psychological profiler for the CIA. His work is instrumental to the modern practice of psychological profiling.Kaczynski and 21 other Harvard undergrads were asked to submit personal essays in which they described their ambitions, weaknesses, fears, personal failings, and most embarrassing secrets. Murray then used those essays to design what was effectively a system of psychological torture custom tailored to each of the study’s participants. The participants were not told what the study was about, what would happen to them, or that the study had been commissioned by the United States military to evaluate interrogation techniques for captured prisoners of war.During the experiment, Kaczynski and the others were wired up with electrodes, strapped down under bright lights, and subjected to screaming and beratement by multiple members of Murray’s research team, who used information from their personal essays to mock, humiliate, and degrade them. (Murray himself, in the experiment’s writeup, described these sessions as, quote, “vehement, sweeping, and personally abusive attacks.”)This experiment ran for three years. The student subjects were not permitted to resign from the study, and were coerced into participating. Murray went on to be called one of the greatest psychologists of all time, win many awards, and publish books.A lot of folks—unsurprisingly, I think—have suggested this experience drove Kaczynski’s hatred of academia in general and universities in particular.The Murray experiment and the Milgram electroshock experiment are what drove universities to create ethics review boards and impose strict ethical requirements on human experimentation. As astonishing as it seems today, Murray’s experiment was not considered wrong or even questionable at the time, and when it was done, no universities had any form of ethical oversight organization for human experimentation.Some of this story is told in this Psychology Today article:Is Psychology Responsible for the Unabomber?As I write this answer, someone on Quora is creating phony profiles that look just like mine, and using them to send abusive/harassing messages to people. If you receive an abusive PM or comment, check the profile carefully. It probably isn’t me. By signing this waiver, you agree to release the study organization from any and all claims of liability, direct or indirect.

What is the meaning of disclaimer? Is it the same of the release of liability?

No, they’re different things.Disclaimer is an advance WARNING before a problem arisesA disclaimer is a statement that repudiates possible claims, warranties or bequests if it arises later. In other words, it disavows or rejects liability and/or responsibility if some situation or condition arises.A movie may carry a disclaimer about the characters bearing no relation to living persons.A book may carry a disclaimer about the characters or story being completely fictitious (fake) so that the author can disavow legal liability if and when he is sued for defamation.An investment website may carry a disclaimer that all information presented is for reference only, not actual investment advice, and not a guarantee that investment performance will rise or fall.A lawyer’s online writing may carry a disclaimer that all information presented is general information for no particular purpose and doesn’t create a client/attorney relationship.Release of liability is a legal DOCUMENT after a problem has arisenA release of liability is a different matter. It is a legal document between two parties. One party (the releasor) promising not to sue the other party (the releasee) for past or future problems, damages or injuries.In short, it is a “liability waiver” form.Most ordinarily, the release of liability form is done when an accident (e.g. car wreck or property damage) has already occurred.The main purpose of the release of liability is this:— Instead of going through an expensive lawsuit, both parties agree to settle the dispute out of court. That settlement will contain the liability waiver form.Thanks for the A2A.

What is a good list to go through during the due diligence process of an acquisition?

Here's a pretty comprehensive list, but use some of your high cash flow to get a lawyer. You don't want to screw this up.Copies of charter documents and by-laws of the Company with all amendments to date;All minutes of meetings (or written consents) of the Board of Directors, committees of the Board of Directors and shareholders of the Company since inception;All agreements, memoranda and offering materials pursuant to which any person has purchased or has the right to purchase securities of the Company;All agreements under which any person has registration rights, preemptive rights or rights of first refusal for shares of any class of shares of the Company;All share option, warrant or other agreements granting the right to purchase any securities of the Company;The share record books of the Company and all shareholders’ agreements, voting trusts or other agreements pertaining to, or restricting the sale, transfer or voting of, shares of the Company;A schedule of all direct and indirect subsidiaries and affiliates of the Company (including minority-owned subsidiaries and affiliates), all owners of securities of such subsidiaries and affiliates and the number of shares held;A schedule of all material transactions involving the Company and any shareholder, director or officer or any other affiliate of the Company and any agreements pertaining to the foregoing, including any share purchase agreements, lease agreements, management agreements, indemnity agreements and loans to or by an officer, shareholder or director;All employment and consulting agreements to which the Company is a party.All profit-sharing, pension, bonus, incentive, superannuation or other similar compensation or retirement plans or arrangements, medical and insurance plans or any other employee benefit agreements, whether formal or informal, and any determination letters relating thereto and drafts of any similar or proposed plan.All loan agreements, line of credit agreements, indentures, mortgages or other debt instruments or arrangements (including, without limitation, any guarantees or obligations of other persons), and any documents pertaining thereto, including, without limitation, all security agreements, notices, waivers, extensions and modifications, and any proposed amendments thereto;Copies of any debt compliance letters provided by the Company (or its Auditors) and supporting calculations;All agreements involving the pledge, hypothecation or giving of any security interest in any of the Company’s assets or property or equipment leases;All leases and related agreements pertaining to real property, equipment or other property, products or services of the Company;All deeds, mortgages and title reports and policies for all real property owned by the Company;A schedule of all fixed assets owned by the Company;All marketing, sales or distribution agreements, including proposed agree¬ments;A list of all partners and copies of all partner agreements.All service contracts, research contracts, product development contracts and consulting agreements in connection with the development of any products or services of the Company;Copies of any agreements with sales agents, distributors, resellers, or individuals who have within the past three years provided services to the Company.Any agreements where the Company has been an agent, distributor, or reseller for another firm or product.All joint venture and partnership agreements to which the Company is a party;All confidentiality agreements or non-competition agreements;A schedule showing all United States and foreign patents, trademarks, trade names and copyrights owned, held, or applied for by the Company and all correspondence, reports and notices relating to such patents and the applications therefor;All licenses, assignments and royalty agreements to which the Company is a party, including, without limitation, any such agreements relating to products, know-how, patents, trademarks, trade names and copyrights;Details of any actual or claimed infringement by the Company or its officers of the intellectual property rights of any other person;Details of any existing dispute in respect of the intellectual rights owned, used or enjoyed by the Company;Confirmation from patent attorneys for the Company confirming the ownership position and/or status of all intellectual property;Copies of all governmental licenses, permits, approvals, authorizations and consents;Copies of market studies made by or for the Company and copies of all articles, brochures and press releases issued by the Company relating to the Company’s business, products or material events issued within the last five years;All pleadings and correspondence and other documents relating to any threatened or pending litigation involving the Company as plaintiff or defendant, as well as copies of all settlement agreements entered into within the last five years relating to any material litigation;A description of any bankruptcy, winding up, proposed winding up, arrangements with creditors, scheme or arrangement, receivership, official management, administration or insolvency, criminal or other judicial proceeding pending, expected or completed within the last ten years involving any of the Company’s officers and directors (including persons nominated to those positions);All agreements with finders, brokers or underwriters;Copies of all material contracts not otherwise covered above;Copies of all counsel’s letters to the Company or to the Company’s accountants with respect to litigation, contingent liabilities and other matters for the last 3 years;Copies of the Company’s audited financial statements for the three most recent fiscal years. Any and all other audited or reviewed financial statements and the name and telephone number of the audit partner and manager who worked on the account;Copies of all management representation letters to, and reports issued by, the Company’s independent accountants;A detailed description of the Company’s capitalization of expenses, including but not limited to software development.Description of any other deferred revenue or expenses or accrued revenues or expenses.All management, marketing, sales, market size and nature or similar reports or memoranda relating to future business plans or projections which have been prepared by or for the Company. Copies of operating plans for current year and next year;A complete list of all customers (paying and non-paying) with annual volume indicated. Copies of any agreements or contracts which govern the relationship with customers, including but not limited to service agreements. The number of new customers acquired each of the last three years. The number of customers lost in each of the last three years;Access to the audit and tax work papers of the Company’s Independent Auditors relating to the most recent year ended.Detailed internal annual financial statements for last 3 years (P+L, Balance Sheet and Cash Flows) This should include budget to actual comparisons, if available, with any related management discussion of results of operations;Detailed monthly internal financial statements for the current and prior year, including budget to actual comparisons, if available, with any related management discussion of results; Forecasted financial statements and cash flow for next 3 years;Copies of any current strategic plans, business plans for board, advisors or potential purchasers.Copy of federal tax returns for last 3 years;List of states in which Company does business and a copy of income, franchise and sales tax returns for each state for last 3 years;Status of federal and state tax examinations, and a copy of any revenue agent reports received in prior examinations;Summary of any tax loss carryforwards available;Analysis of current and deferred tax provision and liability accounts at for last 3 year-ends;Summary list of cash accounts, including list of restrictions;List of investments;Amount of account receivable gross balance and related reserves for last 3 years.Summary of amount of receivable write-offs for last 3 years;Summary of fixed assets by major component at most recent year-end, and most recent interim date;Summary of accrued liabilities at most recent interim date, comparable date of prior year, and last year-end;Estimate of value of any assets or potential liabilities not on the balance sheet;Schedule of any unusual or non-recurring items included in income for the last 3 years;List of identifiable intangible assets, whether reflected on financial statements or not.

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