to be binding to another party. Actual Authority Express Authority ‘An actual authority is a legal relationship between principal and agent created by consensual agreement’ (Lord Diplock). The express grant written in clear terms states Terry is “authorised to enter contracts on LML’s behalf‚ up to a monetary limit of $500‚000”. However‚ the fact that Terry devises a new contract for a price of $1‚400‚000 means he no longer has express authority as an agent to make this contract binding with
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two films that I shall be discussing in this essay are‚ ‘Water (2005)’‚ directed by Deepa Mehta and ‘Chungking Express (1994)’‚ directed by Wong Kar-wai. ‘Water’ and ‘Chungking Express’ are two very well-known Asian films. However‚ they are both set in two completely different era’s in time. Firstly‚ ‘Water’ is set in a 1930’s India still under British rule and the second ‘Chungking Express’‚ in a postmodern city. We can see comparisons in both films in terms of gender. However‚ there are also many
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Federal Taxation Week 7 homework Property Transactions Question 10-1 Distinguish between realized gains and losses and recognized gains and losses. You will always have a loss or a gain due to an exchange transaction. Once the transaction is completed the corresponding amount will be recorded on your income statement. Recognition exists only in the context of tax laws‚ in some cases the exchange transaction will be excluded under IRC Section 1031. Problem 10-47 On April 18‚ 2010‚ Jane
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Dubli.com is an auction‚ shopping and entertainment portal based on a pay-to-shop model. Traditionally‚ all pay-to-shop models create value for customers by effectively leveraging the initial payments made by the customers. In the case of Dubli.com‚ this initial payment can be leveraged much more effectively due to the possibilities available in an internet environment. The internet enables customers to simultaneously and speedily access information about the auction item and to take further decisions
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Case Study 1 Hanqing Zhao (Bill) Martin Jiles‚ Executive Director of Express‚ was leading Express for 8 years. He had set up the “can-do” culture and the results-oriented management style to help this company achieved many goals and affect Express in many aspects. Such as the “can-do” attitude played an important role in installing MIRS computer system‚ which was widely refused to use in the country because it was hard to do. However‚ although Jiles had confidence in his culture‚ it seemed that
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(unclassified paper) Secretary of Defense Fellowship Program 2005-2006 Inside FedEx Express By Captain Gary Peterson 12 May 2006 Edited by Ms. Gerry Yemen Inside FedEx Express Introduction As a Secretary of Defense Corporate Fellow during 2005-2006‚ I was assigned to work at FedEx Express located in Memphis‚ Tennessee. FedEx Express provides time-critical delivery services and associated information assistance globally. It is one of several Operating Companies (OPCO)
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Federal Contracting Activities and Contract Types Sandra Greene BUS 315 Dr. Lena Maslennikova 10 December‚ 2012 Federal Contracting Activities and Contract Types This paper will discuss Booz Allen Hamilton. It will briefly discuss its history and then go into who they are today. Finally‚ it will cover a major contract that they have recently acquired along with a few particulars of that contract. Edwin G. Booz started his first
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Happiness Express Inc. 1. a) The primary audit objectives of confirming a client’s year-end accounts receivable include occurrence and accuracy of realizable value. Auditors would like to make sure that the transaction generating the accounts receivable actually occurs‚ and that the receivables are recorded at accurate value for the current reporting period. Usually they will send accounts receivable confirmations to client’s customers directly. b) The primary audit objectives of performing
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the Fed: The Federal Reserve Bank serves as the United States of America’s central bank. From the beginning of the nation‚ the need for management of the country’s money supply‚ assistance in the fiscal operations of the federal government and stabilization of the nation’s credit was recognized. Laws that created the Fed: As an attempt to achieve these need and others‚ several attempts at creating centralized banking have been tried and all have failed save for the Federal Reserve System
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E-commerce: business. technology. society. E-commerce E commerce Business. Technology. Society gy y Kenneth C. Laudon Copyright © 2011 Pearson Education‚ Ltd. Chapter 5 Business Models for E‐commerce Copyright © 2007Pearson Education‚ Ltd. 2011 Pearson Education‚ Inc. Slide 1-2 E-commerce Business Models Business model d l Set of planned activities designed to result in a Set of planned activities designed to result in a profit in a marketplace Business plan Describes a firm
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