Agency (1) AGENCY RELATIONSHIP? (2) AUTHORITY? Agency is an agreement‚ express or implied‚ by which the principal entrusts to the agent‚ the management of the business; to be transacted in his name‚ or on his account‚ and by which the agent assumes to do the business and to render an account of it. Agency involves: Principal‚ who passes authority to Agent to effect the legal relations between the principal Third party‚ acted with principal through the agent Section 135 CA (Definition of Agent)
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UNIT 6 6.0 AGENCY 6.1 AN AGENT An agent is one who acts on behalf of another called the principal‚ with the express or implied authority of that person. Hence an agent incurs neither rights nor liabilities on contracts made on behalf of the principal. Also an agent need not be of full contractual capacity meaning that even a minor could be appointed as such‚ even though he principal has to be of full contractual capacity. 6.2 TYPES OF AGENTS Universal: appointed to handle the
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Robinson‚ both pursue agency which is the ability to act independently on his or her own principles. Their pursuit of agency is affected by many factors which include social position/class‚ family relationships‚ and gender. These factors would be analyzed and compared to the ideas and opinions found in the book The Republic by Plato. Social class/position is significant factor of influence in agency because in the books Housekeeping and Hamlet social position can affect agency depending on the position
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TITLE OF THE CASE: Pt. Multi Bintang Indonesia TIME CONTEXT: 1987 SUMMARY: Mr. Abeng joined Pt. Perusahaan Bir Indonesia in late 1979. A few months later‚ he became President Director. One of his earliest strategic undertakings was to rename the firm to Pt. Multi Bintang Indonesia. For several years‚ the company’s market share had been declining. The company had so many strengths to boast. But despite these‚ it had also many weaknesses. The company had no strategic plans.
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management and peripherals. Multi-user operating systems are used on large mainframe computers. A mainframe computer system has one very powerful processing unit‚ which may contain many microprocessors. Many users will all share this processing unit. They use terminals (a keyboard and a monitor) to access the mainframe computer. A multi-user operating system lets more that one user work on a mainframe computer at the same time. Features of a MUOS The main features of multi user operating systems
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company has essentially succeed thanks to their multi-generational strategy marketing. The company was created in 1995 in the south of the France by Tony Elicha‚ a self-made-man who created his first clothing company in 1972 (aka Créations Nelson). The brand began to thrive with his first commercial campaign based on the meeting of two kind of generations : the mothers and daughters. In my opinion‚ Comptoir des Cotonniers is a good example of multi-generational marketing strategy because the brand
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Regulatory Agency Paper Michelle Baker HCS 437 February 14‚ 2011 Kelly Carroll Regulatory Agency Paper Vulnerable individuals need to have opportunities to be included in the communities where they live. That includes the choice to direct their own personal outcomes and become integrated in the community with supports tailored to their unique needs. In an effort to achieve equal footing‚ families need to increase the basic understanding in the community of the complexity of living with
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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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A.) Student Politics Having a voter turnout of 30% percent of the population in Supreme Student Council (SSC) is something to be look up too. But why do really students vote or not? Structure and Agency could somehow explain the phenomenon in how people shape their human behavior. The Structure debate is the recurrent patterned arrangements which influence or limit the choices and opportunities available. However‚ structure could be your friends‚ classmates‚ teachers and even circumstances. In
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Partnership working 1.1 why working in partnership with others is important for children and young people Working in partnership with a number of services is important because it benefits families to have a wide range of services available for them to use that are all at the same location within their community. This makes it easier for families because they don’t need to be referred to different people at different locations or explain their situation a number of times and they have a wider network
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