Termination of agency.A contract of agency is a species of the general contract. As such‚ an agency may terminate in the same way as a contract is discharged except where the agency is irrevocable. Broadly speaking‚ an agency may be terminated either by the act of parties or by the operation of law. (a) Termination by act of parties: A contract of agency may come to an end by the act of the parties as follows: 1. By agreement: An agency is generally created by an agreement‚ it may also be terminated
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Law of Agency WHAT IS AN AGENCY? Sec 135 of Contract Act‚ agency is the relationships which subsists between the principal and the agent who has been authorized to act for him or represent him in dealings with others. WHO CAN BECAME A PRINCIPAL OR AGENT? Any person who is 18 years old and above and who is of sound mind may be principal. As between the principal and third persons‚ any person can became an agent. BUT persons of unsound mind and who are below 18 years are not liable towards their
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THE NATURE OF AGENCY RELATIONSHIP The need to appoint another person to perform one act or another on one’s behalf assumes greater proportion daily. This is so because of the rapid economic developments that has taken place in the recent years. A party may want to do many things but because of lack of time or expertise‚ he is compelled to appoint another person to act on his behalf and whatever that other person does will be binding on him. The question is: ‘Who is an agent?’ An agent is one who
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creatures. A wizard‚ Syris Gregamore didn’t agree with the madness that had spread and did something about it. He founded the Gregamore agency. He assembled the most ruthless yet determined members of supernatural creatures and ones with supernatual abilities who had the same opinion as him. And from that day‚ a union was born. The Gregamore Agency. Little by little the agency has changed the world for the better. Now in the twenty-first century‚ everyone knows of them and their legacies‚ heck‚ they have
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Advertising is an evolution of techniques and human interaction and is helped with the technological advances and the creation of consumer and customer’s relations; I believe that advertisement has created awareness in the new advanced world we live in that connects all the people. I will discuss the advertisement piece throughout the essay and emphasize its aspects throughout the research done the advertisement I chose is about BP‚ it is a multinational company that provides oil and gas. It is known
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empowers a wide range of law enforcement agencies to maintain law and public order related to matters affecting the country as a whole. The Federal Law enforcement agencies are only authorized to enforce various laws generally only on a federal level. Majority of these agencies have broad federal enforcement powers‚ but most enforce only narrow portions of federal law. In some cases‚ they may be empowered to enforce state and local law as well. These agencies may generally have nationwide jurisdiction
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What is structure and agency? How does this framework help us in political analysis? For it is part and parcel of daily experience to feel both free and enchained‚ capable of shaping our own future and yet confronted by towering‚ seemingly impersonal constraints. Consequently in facing up to the problem of structure and agency social theorists are not just addressing crucial technical problems in the study of society‚ they are also confronting the most pressing social problem of the human condition
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Agency Paper Sandra Halbeisen October 8‚ 2013 SOWK 6151 Professor Cynthia Medina Our Lady of The Lake University Agency Paper There are many social service agencies that are making a difference in the lives of individuals. A social services agency can be defined as an organization providing social services that typically employs a range of helping professionals‚ including‚ social workers in addition to office staff‚ paraprofessionals‚ and sometimes volunteers (Barker‚ 2003). Agencies exist to
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GOVERNMENT AGENCIES: *OPTICAL MEDIA BOARD is the renamed Videogram Regulatory Board assigned to regulate the manufacture of optical media products and manufacturing materials as part of ensuring the protection and promotion of intellectual property rights. *INTERNATIONAL INTELLECTUAL PROPERTY ALLIANCE The International Intellectual Property Alliance (IIPA) is a private sector coalition‚ formed in 1984‚ of trade associations representing U.S. copyright-based industries in bilateral
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Agency Theory Agency theory is widely used in different companies‚ businesses and organizations Agency Theory is basically about the association between the boss‚ which is the Principal‚ and the worker‚ which is the Agent. A good example for an application of the Agency Theory would be sharecropping‚ where the Principal is the landowner and the Agent is the farmer. Another example for the Agency Theory in a more familiar organizational structure would be the relationship between a company’s shareholders
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