RIGHTS AND OBLIGATIONS OF AGENT UNDER THE LAW OF AGENCY Introduction The law of agency is based on the maxim “Qui facit per alium facit per se” i.e. he who does an act through another does it by himself. The concept of representative capacity is the totem of agency. In the hustle and bustle of everyday life it sometimes becomes impossible to do everything ourselves and hence it becomes necessary to employ people to perform our acts. The person employed is the agent and the contract by which
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the shareholder-principal conflict with manager-agents known as the principal-agent problem. To mitigate agency problems between senior executives and shareholders‚ should the compensation committee of the board devote more to executive salary and bonus (cash compensation) or more to long-term incentives? Why? What role does each type of pay play in motivating managers? There are several dimensions to the principal-agent conflict. Principal-Agent Relationships exist whenever one person or party
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MANAGER IS A CHANGE AGENT The label “change agent” is often accompanied by misunderstanding‚ cynicism and stereotyping. Managers‚ employees and HR professionals alike have questioned the value of this role in their organization. However‚ as organizations of all kinds face unrelenting changes in their environment‚ the need for individuals who are capable of turning strategy into reality has created a new legitimacy for the change agent role – which is often located within the Human Resource function
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moral agent (individual contemplating ethical course of action) what obligation is owed to the claimant? Identify the perspective of each of the claimants by indicating what outcome they would prefer to this issue. CLAIMANT OBLIGATION PERSPECTIVE officer Nixon non injury prefer the moral agent to ingore the situation officer ross non injury pefer the moral agent to ignore the situation husband beneficence prefer the moral agent to throw
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Sustainability Change Agent Abilities Required to Help Create a Sustainable Future In order to be a successful sustainability change agent‚ an individual must have the following: 1. 2. 3. Knowledge of the environmental‚ economic‚ and social issues related to sustainability (understanding); A value system and self-concept to support and under gird the actions of a change agent (motivation); and Change agent abilities (skills). Change Agent Abilities: The following is a listing of change agent abilities
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Women as agents of change INTRODUCTION Throughout most of Western and African history‚ women were confined to the domestic sphere‚ while public life was reserved for men. Women were denied the right to own property‚ to education‚ or to participate in public life. Women can change the institutional imbalances in society through advocacy‚ lobbying and activism. This paper therefore seeks to discuss in detail how women can be agents of change in all institutions that govern their lives through venturing
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sudenly‚ glowing slowly back to life‚ the only text: Installing updates - 1 / 3. 1%. Ray tries not to sigh‚ settling back onto his chair. He’s already starting to remember how much he hates desk work. There’s a reason he climbed the ranks to field agent so quickly‚ and computer updates and one-size-fits-every-ass hard plastic chairs definitely contributed to the decision. Nothing has changed‚ not that he really expected it to. His desk is exactly the same‚ save for the INBOX file folder at the corner
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The Socialization of Donald Trump Politics nowadays can be polarizing to borderline ridiculous. Take for example the fact that reality star and businessman Donald Trump is running for the Republican Presidential nominee race. This week‚ he declared that the United States should ban Muslim immigration. The same day‚ the New York Times broke the story with the general article “Donald Trump Calls for Barring Muslims From Entering U.S.” from its First Draft section. The article states; “Donald J
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Today I got to observe in the classroom setting‚ but first they were outside. Since the boy was walking in the hall nicely and quietly‚ he was named “secret agent” for the rest of the day. The boy’s teacher uses this “secret agent” role in order to encourage the students to behave. Once he was given this role‚ he ran to the playground smiling and waited for his girl friend to be able to play. The two of them start to try and climb up the side of the bridge. The boy and girl chase each other around
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THE DUTIES OF THE AGENTS TO PRINCIPAL The duties of an agent depend primarily on the contract of agency if there is one. Subject to any such express terms‚ the agent owes a number of implied duties or obligations to his principal. It is the agency relationship as such that gives rise to these obligations so that‚ as a general rule‚ they fall as much on the gratuitous agent as on the paid agent. 1. Obey the Principal’s instructions Section 164 states‚ The agent must obey the instructions given to
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