each personally liable for their own tortuous conduct. However the courts will hold a principal liable for the actions of its agent if the agent was acting within the scope of his or her authority. The court will examine the situation to see if:- (1) The act was one which the agent was hired to perform. (2)Did the act occur during the agent’s employment? (3) Was the act requested or authorized by the principal A principal has the duty to oversee the work of it agents. The principle of negligence
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BUSINESS ECONOMICS BEO 6600 Associate Professor Sarath Divisekera Topic 1: Introduction Associate Professor Sarath Divisekera Office: FS1022‚ City Flinders Campus Tel. Ext: 1071 email: sarath.divisekera@vu.edu.au Important: if you wish to communicate with email‚ please make sure that you use your official (student email not your private emails). Office hours: Please check my timetable (on the office door) –1/03/2014 –Business Economics © Dr Sarath Divisekera
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Business Ethics: Discussion Board 1 Business Ethics: Case Study 1 Liberty University Business Law – BUSI561 Betzaida Aponte Abstract In this brief response to the business ethics case study‚ I will highlight findings that question the integrity of Next Step Herbal Health Company according to Ramona Alexander’s research on the company and her observations of the CEO’s engagement and the recruiter’s response to her raised concerns. There were three major issues I found that were questionable
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Behavior-Oriented Rating Method VS. Results-Oriented Rating Methods The behavior-oriented rating method focuses on an employees behavior. There are two ways that behavior-oriented method is used: employees behavior is compared against other employees or an employee evaluated in terms of performance without reference to others (2005). These two systems are known as relative rating system and absolute rating system. Under the behavior-oriented rating method there are several ranking systems to choose
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Junyi Zheng Course MGNT3145 Professor.Toson Date 06/23/2013 Facts Mitsubishi has a contract with Crown Door Company which requires Mitsubishi to sell twelve boxcar loads of plywood to Crown and Mitsubishi should import the wood from Taiwan and deliver it to Crown’s plant in Atlanta.Mitsubishi shipped the wood from Taiwan to Savannah.However‚ in Savannah‚as the railroad was negligent in loading the train which caused the cargo to shift during the trip‚finally the wood got damaged. Issue The
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Scott entered into a unilateral contract with Hume. Scott used the large signboard to offer $1000 to the ballplayer who hit a homerun over the sign. This is a promise for an act. Hume completed the performance of the act by hitting the homerun over the sign and therefore the unilateral contract between them was formed. Perry and Scott do not have a contract. The offer that he is intending to collect on was never actually offered to him as Otis did not change the sign in the allotted time frame
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Business Law Learning Outcome 1 10/10/2011 HND Accounting Niki Bain There are two institutions in the UK that have the power to make statutory legislation in Scotland. The first of these institutions is Westminster (London) where elected individuals serve in the House of Commons. These members are known as MP’s (Members of Parliament). Parliament is responsible for passing new laws (legislation). In the late nineties the House of Commons allowed the passing of devolved powers to the
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your distribution plan for your product or service? Discuss how SCORE mentoring might be of assistance in your distribution planning. Use appropriate references and post to the 1.2a discussion board. Business dictionary defines distribution plan as a plan created by the management of a business that specifies how the firm intends to transfer its products to intermediaries‚ retailers and end consumers. Currently I am a full time seller on eBay. eBay is an ecommerce company that provides a platform
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As a winning strategy‚ first of all‚ it should fit the company’s situation‚ to qualify as a winner‚ a strategy has to be well matched to industry and competitive conditions‚ a company’s best market opportunities‚ and other pertinent aspects of the business environment in which the company operates. Second‚ a winning strategy need to help company achieve a sustainable competitive advantage. Third‚ a winning strategy can produce good company performance which include two parts: competitive strength and
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3. Contract Law “Is My Agreement an Enforceable Contract?” The Law of Contract involves answering 4 questions: (1) Is my agreement an enforceable contract? Are all of the elements of a contract present. (2) If so‚ what does it require me (and the other party) to do? - What “promises” have become terms of the contract. (3) Can I get out of it (without paying some form of penalty)? - Was the formation of the contract defective in some way (ie were there any ‘vitiating elements’ present)
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