ALPHA COLLEGE OF TECHNOLOGY COLLABORATION WITH INTERNATIONAL UNIVERSITY COLLEGE OF TECHNOLOGY TWINTECH SUBJECT NAME: BUSINESS LAW SUBJECT CODE: LAW2013 TERMINATION OF AGENCY PREPARED BY: NAME: MOHAMAD AL-HAFIZ BIN SALLEH MATRIC NO.: 10071260 NAME: SITI RAHIMAH BINTI RAZMAN MATRIC NO.: 10071260 NAME: NURUL ASHIKIN BINTI MD. YUSOF MATRIC NO.: 10071260 NAME: KHATIJAH BINTI AHMAD MATRIC NO.: 10071260 NAME: LYANA NADIA BINTI SALAHUDIN MATRIC NO.: 10071260 SEMESTER 4 2011/2012
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Agency Issue no. 1 ABC company limited is a merchandising company that purchase good and sale it to others . the employees which load goods from the wear and reach their destination or customers wear house use a vehicle which is provided to employees for the transportation of goods .but they are using that transport facility for their personal use it is an agency issue which is facing ABC company . Solution Owner of company should observe and estimate the time which can be consumed during goods
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P3 Advertising Agencies What are advertising agencies? An advertising agency is a service based business dedicated to creating‚ planning‚ and handling advertising for its clients. An ad agency is independent from the client and provides an outside point of view to the effort of selling the client’s products or services. An agency can also handle overall marketing and branding strategies and sales promotions for its clients. Why would a business hire an advertising agency? For a business
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THE NATURE OF AGENCY RELATIONSHIP The need to appoint another person to perform one act or another on one’s behalf assumes greater proportion daily. This is so because of the rapid economic developments that has taken place in the recent years. A party may want to do many things but because of lack of time or expertise‚ he is compelled to appoint another person to act on his behalf and whatever that other person does will be binding on him. The question is: ‘Who is an agent?’ An agent is one who
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the second wave in the positive theory of accounting‚ focuses among other things on agency theory. What is agency theory? Elaborate the components of agency costs as described by Jensen & Meckling (1976). Answer: Agency theory is based upon the more general contracting theory that the most cost effective form of organizing economic activity is through a firm based structure. Jensen & Meckling describe agency theory is a contract under one party (the principle) engages another party (agent)
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Table of content Preface………………………………………………………………….1 Chapter 1. Prerequisites of the agency problem and different approaches to solving it 1.1 How we detect an agency problem……………………………………..3 1.2 Remedies of agency problem…………………………………………….5 1.3 Different approach for different types of companies……………….10 Chapter 2. Practical examples of agency problem’s solution 2.1 Good intentions usually backfire……………………………………….13 2.2 Positive examples and new ideas………………………………….........17 2.3 Foregoing
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Objective of study The objective is to investigate how principle-principle agency conflicts impact on the quality and effectiveness of corporate governance in European listed companies. Motivation for study Most of corporate governance research only reveals that corporate governance can solute the agency conflicts between management and shareholders which fails to identify principle-principle agency conflicts and their influences on corporate governance. Research question Whether
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THE AGENCY FOR ACCREDITATION The accreditation of curricular programs in the Philippines‚ particularly for state universities and colleges‚ is the main function of the Accrediting Agency of Chartered Colleges and Universities in the Philippines (AACCUP)‚ Inc. Organized in 1987‚ though officially registered and recognized under the Securities and Exchange Commission (SEC) on September 4‚ 1989‚ it is the youngest of the four (4) accrediting agencies in the country until late 2003. Under its charter
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employee-to-sales ratios and tells restaurants to cut staffing when the sales have dropped below a certain range at any hour. This has agency problem written all over it. Maybe not so much along the lines of managers acting for the best interest of shareholders but definitely managers acting in their own interests and not in the employee’s best interests. This agency problem is arising from the
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intension to be used for a particular time frame but many are short lived due to factors such as being ineffective or competition in the market place. ADVERTISING AGENCY An advertising agency is an agency that designs advertisement to call public attention to its clients. | | Following are the departments in an advertising agency:- 1. ACCOUNTS DEPARTMENTIts first function is strategy planning and research. Interpretation of consumers (Target Audience) and advertisement research from the brand’s
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