questions. 1. What is an Agency? Agency is a fiduciary relationship “which results from the manifestation of consent by one person to another that the other shall act in his behalf and subject to his control‚ and consent by the other so to act”. A party who employs another person to act in his behalf and subject is called a Principal. A party who agrees to act on behalf of another is called an Agent. Agency is governed by a large body of common law known as agency law. Eg: A real estate broker
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Extinguishment of Agency Modes of extinguishment of agency (A) By Revocation of the Principal 1] Revocation - refers to the act of the principal of terminating the agency at will confidence and representation being the foundation of the contract. The principal may revoke the agency at will‚ and compel the agent to return the document evidencing the agency. (Art. 1920) 2] Who may revoke agency when there are two or more principals. When the power of attorney was granted for a
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PRODUCT Coca Cola AGENCY/IGNITOR McCann India STORYLINE/CAMPAIGN HIGHLIGHTS TVC opens in a cafe where a waiter is shown working rigorously cleaning dishes‚ taking orders and receiving instructions from the owner of the cafe (who seems to be a bit angry on him). On one table Bollywood actors Alia Bhatt‚ Varun Dhawan and Sidharth Malhotra are seated watching the waiter. Then Varun asks for three bottles of coke from the same waiter where Alia changed the order to four bottles instead. Varun and Sidharth
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33 Functions of Commercial Banks 33.1 Introduction You have studied in the earlier lesson about different types of banks and their nature. It may be of interest to you now to know about the various services/functions performed by commercial banks. In this lesson‚ you will study about the various services provided by commercial banks to the business community in particular and the public in general. 33.2 Objectives After studying this lesson‚ you will be able to describe the various functions
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Commercial Analysis The setting is at the front of the house with a man knocking on the front door with some flowers. Then an attractive female comes to greet him and accepts the flowers. They are now in the living room area with the little boy in the same room with a video game controller. But on the table there is a bowl filled with perfectly stacked Doritos where the little kid of about 5 to 6 years old is playing video games. The man knocks on the front door of the house with a bouquet
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Sexism in Television Commercials Many of us have seen a commercial and felt offended by the sexist attitudes represented. It appears that on every channel‚ there is another television commercial trying to sell its product with beautiful women. These commercials can range from selling beer to selling cars (Sadiq). From sports to personal hygiene and home improvement products. Almost every commercial has someone missing proper attire‚ or insinuating the other is dumb or not as intelligent. These
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The Taylor Swift / Apple Music ad campaign‚ first released on April 1st‚ consists of various commercials featuring the award-winning singer. The first ad features Swift preparing for a jog on her treadmill. She puts on headphones and uses her phone to turn on the song “Jumpman” by Drake and Future. The rap song begins to play as she starts her run‚ and Swift begins to rap the song enthusiastically. With her arms flailing‚ she raps her way through half of the first verse. In mid-stride‚ she falls
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1) Use the AS/AD framework to show the separate effects on GDP‚ inflation and public sector borrowing on any single national economy of: a) cut in public spending b) an increase in the rate of VAT (sales tax) c) a slowdown in the GDP growth of less developed economies. (Make sure that you include clear and appropriate diagrams for this question) According to Begg and Ward (2009) fiscal policy is the government’s decisions regarding taxation and spending to influence level
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Introduction of Agency Theory The specific definition of the theory based on the sources investorword.com and investopedia.com defined that the agency theory is a theory explaining the relationship between principals such as shareholders and agents. It is essentially involves the cost and way of resolving the conflicts between the principals and agents and change the something slightly to the correct position and decision related to the two group of conflict. Thus‚ the main objective of agency theory is
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into wanting to purchase their product or service. As I was sifting through the pages of Cosmopolitan‚ I came across three advertisements that caught my eye‚ all of which attempt to convince female consumers into purchasing perfume. Two of the print ads include perfume by Dior‚ while the third contains perfume by Chanel. According to two different blogs‚ Chanel and Dior are one another’s greatest rivals when it comes down to their perfume lines because they are of similar quality (botoblog.com and
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