1. Duty to follow principal’s directions or customs (Sec. 211): The first duty of every agent is to act within the scope of the authority conferred upon him and perform the agency work according to the directions given by the principal. When the agent acts otherwise‚ if any loss be sustained‚ he must make it good to the principal‚ and if any profit accrues‚ he must account for it. Illustrations: (a) Where the principal instructed the agent to warehouse the goods at a particular place
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How does art and music relates to each other. Do they have a social impact? . Art and music bring many cultures from all around the world together. Both express thoughts‚ emotions‚ stories‚ views‚ ideas‚ and opinions of human life. For instance‚ art is a form of expression as well as music. Moreover‚ music describe a person’s culture‚ life‚ feeling and hobbies as well as art. It is how people liberty to express themselves through music in whichever way they prefer.as well as art and what people
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P1 Explain the principal sociological principles Functionalism: Functionalism (or structural functionalism) is the perspective in sociology according to which society consists of different but related parts‚ each of which serves a particular purpose. According to functionalism‚ sociologists can explain social structures and social behaviour in terms of the components
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In this assignment I will be explaining the principal psychological perspectives. I will explain the different psychological approaches to health and social practice and assessing the different psychological approaches to study. Psychology is the focus on different subjects such as the human development‚ social behaviour and cognitive processes. There are different approaches that have been developed in order to explain the psychology. These perspective or approaches include the behaviourist‚ social
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Problems that economies in transition faced as they adopted free market economies. Countries with command economies faced a lot of problems as they were trying to adopt free market economies. The most important thing is that every country is different‚ what worked in one country wouldn’t work in another. And because of this every country had to make their own path to free market. But despite this fact many problems were similar. And in this essay I would like to consider them. First of all‚ free
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DUTIES OF AGENT TO PPRINCIPAL Agent’s duty in conducting principal’s business 164. An agent is bound to conduct the business of his principal according to the directions given by the principal‚ or‚ in the absence of any such directions‚ according to the custom which prevails in doing business of the same kind at the place where the agent conducts the business. When the agent acts otherwise‚ if any loss be sustained‚ he must make it good to his principal‚ and‚ if any profit accrues‚ he must account
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A REVIEW OF STUDIES CONDUCTED ON THE WEAK FORM OF THE EFFICIENT MARKET HYPOTHESIS ON EMERGING CAPITAL MARKETS Surabhi Kothiyal (2009B3A8360P) Vishnukaant Pitty (2009A4PS340P) 1 CONTENTS PAGE NO. 1. Introduction 3 2. On Emerging Markets … 5 3. Empirical Methods 8 3.1. Non-Parametric Tests 8 3.1.1. Kolmogrov Smirnov Goodness of Fit Test 9 3.1.2. Runs Test 9 3.2. Parametric Tests 10 3.2.1. Auto-Correlation Test 10 3.2.2. ADF (Augmented
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Definition of ’Efficient Market Hypothesis - EMH’ An investment theory that states it is impossible to "beat the market" because stock market efficiency causes existing share prices to always incorporate and reflect all relevant information. According to the EMH‚ stocks always trade at their fair value on stock exchanges‚ making it impossible for investors to either purchase undervalued stocks or sell stocks for inflated prices. As such‚ it should be impossible to outperform the overall market through
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12A. Adverse or disparate impact is the unintentional discrimination involving employment practices that appear to be neutral but adversly affect a protected class of people. Disparate impact is the legal basis for liability under the Title VII where as adverse impact is only one element of this which measeures what the effect is on theof the employment practice on the group of protected
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measures to try to prevent these biases and prejudices from affecting their proceedings and the outcomes of the cases. Even with the courts best prevention efforts many ethical issues arise. One area where many ethical issues are present is in jury selection and within the jury itself. The process of jury selection is called voir dire (Starr & McCormick‚ pg. 21). However‚ it is not as much of a selection process as it is an elimination process‚ where potential jurors are dismissed for a variety
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