Refer notes - creation of agency ] 2. [ Refer notes - Duties of Agent to Principal ] 3. [ Refer notes - Duties of Principal to his Agent ] 4. 4 remedies available: Principal may repudiate the contract - Section 168 Contracts Act‚ 1950 Principal may recover the bribe from agent - Section 169 Contracts Act‚ 1950 Principal may refuse to pay commission to Agent Principal may dismiss agent for breach of duty 5. [ Refer notes - Termination of Agency ] 6. (a) 3 conditions:
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people view just authority figures. These scholars have described group mind and its effects on society and authority in different ways. For example‚ Lessing‚ the author of “Group Minds‚” says it is dangerous for us to misunderstand our human tendency to conform because we can be blindly obedient as a result. Brooks‚ the author of “The Follower Problem‚” contends that it is an issue that many in today’s society conform to the idea that we should automatically distrust any authority figure. On the other
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06/12/2012 FICO and Rating Agencies Current Issues in Business by Jeen Filz FICO 3 How does FICO work? 3 Criticism 4 rating agencies 6 history 6 Quick reminder of the financial crisis 7 Role of the rating agencies 8 Their impact 10 Perspectives 11 FICO How does FICO work? FICO is a public company that was found in the year 1956 with the aim to help financial services companies by measuring credit risk in a score which is called the FICO score. This stands for
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children. A non private primary school is a statutory setting witch means that it has been past by law by parliament‚ this means they have pasted a law to say that the service either must or can be provided by them. Primary school setting must follow the national curriculum witch is what the school must teach the children literacy‚ numeracy‚ and science this is what the school should provide for the children on top of other subjects for 5 – 7 year olds the statutory subjects that all pupils must study are
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of the future work of business travel agencies Nevmerzhitskaya‚ Julia Master’s Thesis Degree Program of Tourism 2013 Abstract Date of presentation Degree programme Author or authors Julia Nevmerzhitskaya Title of the thesis Scenarios of the future work of business travel agencies Group or year of entry YMA11 Number of pages and appendices 68 + 2 Supervisor(s) Jarmo Ritalahti This study focused on the future work of travel agencies in the business travel segment. It aimed
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THE LAW ON STATUTORY RAPE & AGE OF CONSENT IN CALIFORNIA MCKINLEY TURNER PROFESSOR TRUCCHI THE ELEMENTS OF THE CRIME OF STATUTORY RAPE: 1-That defendant had sexual intercourse with another person (any amount of penetration‚ regardless of how slight‚ constitutes sexual intercourse…even if there is no ejaculation). 2-That the persons involved in the act were not married to each other at the time (the fact that the minor is married to someone else or used to be married
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Regulatory Agencies Paper HCS/437 August 18‚ 2014 Joyce Wooten Instructor / Nicolas Gross Regulatory Agencies Paper The concept of regulatory agencies has many boundaries and their responsibility is to license long-term care facilities to ensure compliance of laws and regulations. It is stated that in the United States the long-term care (LTC) marketplace is normally recognized as one of the most strongly regulated sectors in the economy‚ although there are differences
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Shakespeare uses the prominent theme of usurpation in The Tempest to critique the characters discoveries of rightful authority as a result of re-evaluating their actions. The hierarchy of Elizabethan society was strict in its rules of birth dictated rightful authority‚ so the audience is positioned to question accepted lines of leadership when the protagonist‚ Prospero‚ recalls his usurped dukedom of Milan. Although‚ this reflection and later actions cause Prospero‚ as well as the audience‚ to reconsider
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Authority – the word alone instills a certain type of reaction in a person; a reaction that either commands obedience or disobedience. Some people command authority through violent means while others through lawful means. Why do certain countries still have kings and queens while others are ruled by parliaments or congresses? When studying the German sociologists Max Weber and his theory of authority‚ it can be observed that there are certain types of authority and reasons in which people choose
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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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