FORMATION OF AGENCY QUESTION 2 Introduction Agency define which subsists between principal and an agent‚ where the agent has been authorized to act for the principal or represent him in dealing with others or 3rd party. Agent is person who is employed by the principal to do certain act for him to represent him in dealings with 3rd party. Principal is a person who authorizes the agent to act on behalf of him. There are five formation of agency‚ which is by express appointment‚ by implied appointment
Premium Partnership Contract Defendant
“Utilitarianism works” Asses this view Bentham created utilitarianism and Mill improved it. It main points are that human society exists to create happiness‚ that happiness is the highest goal and that everything needs to fit a purpose. The advantages of Bentham’s theory include a reasonable link between moralities‚ the pursuit of happiness and the avoidance of pain. According to Bowie it seems natural to consider the consequences when deciding our actions. He stated that “Utilitarianism offers
Premium Utilitarianism Ethics John Stuart Mill
Q1: If an Ethernet port on router was assigned an IP address of 172.16.112.1/20‚ what is the maximum number of hosts allowed on this subnet? A. 1024 B. 2046 C. 4094 D. 4096 E. 8190 Answer: C Explanation: Given IP address of 172.16.112.1 / 20‚ subnet mask: 255.255.240.0 max. num of hosts =(( 2^12) -2 ) = 4096-2 = 4094 Q2.:An access list was written with the four statements shown in the graphic. Which single access list statement will combine all four of these statements into a single statements that
Premium IP address Ethernet
News & Research. Retrieved November 2‚ 2011‚ from www.psychologicalscience.org: http://www.psychologicalscience.org/observer/0301/prescol.html Cherry‚ K. (2006). Explanations for Forgetting: Reasons Why We Forget. Retrieved November 2‚ 2010‚ from About.com Psychology: http://psychology.about.com/od/cognitivepsychology/tp/explanations-for-forgetting.htm Gerrig‚ Richard‚ J.‚ & Zimbardo‚ P. G. (2002). Glossary of Psychological Terms. Retrieved October 27‚ 2011‚ from American Psychological Association:
Premium Psychology Cognition Hippocampus
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
Free Advertising
1.0. Introduction. 2.0. Problem solving Situation. 3.0. Concept identified. 4.0. Explanation of the concepts. 5.0. Applications. 6.0. Personal reflections. 7.0. Pressure. 8.0. Key concepts 9.0. Explanations 10.0. Application 11.0. Personal reflections. 1.0. Introduction. Concepts are essential aspects in the life of human beings. They are used to deal with different situations that human beings face. One of the most beneficial uses of concept is solving problems
Premium Problem solving Kofi Annan
Matthew Smith Agency Relationship Agency relationship is a consensual relationship between two parties‚ where one party‚ the principal‚ gives authority to another party‚ the agent‚ to act on behalf of and under the control of the principal to deal with a third party‚ thereby creating a fiduciary relationship. The law of agency allows one person to employ another to do his/her work‚ sell his/her goods‚ and acquire property on his/her own behalf. Although a principal-agent relationship can be
Premium Tort law Agency Vicarious liability
In this article‚ I’ll discuss the basic idea behind an engine and then go into detail about how all the pieces fit together‚ what can go wrong and how to increase performance. The purpose of a gasoline car engine is to convert gasoline into motion so that your car can move. Currently the easiest way to create motion from gasoline is to burn the gasoline inside an engine. Therefore‚ a car engine is an internal combustion engine -- combustion takes place internally. Two things to note: There
Premium Internal combustion engine
Teams can be classified based on their objectives. Identify and discuss the four most common forms of work teams. Give an example of each and what they do Problem solving teams: This type of team is composed of five to twelve employees. They meet weekly to focus on improvement‚ whether it is in quality‚ efficiency‚ or the work environment. An example of this could be all department heads in a firm that meet on a weekly basis to exchange ideas on how to improve productivity. However‚ they only
Premium Behavior Aerosmith Blame
Explanations of conformity Why do we conform? Deutsch and Gerrard 1955 decided that there were 2 possible reasons why you would conform. They suggested that it was either due to Normative social influence or due to informational social influence. Normative social influence Need: - Humans have basic need to we want to feel accepted‚ approved and liked and as a member of a group How it leads to conformity: - in order to gain acceptance by others‚ we often conform to the
Free Social psychology Sociology Conformity