Forwarders can act as either a Principal or Agent. Describe in your own words the differences between each. Under what circumstances might a Freight Forwarder want to act as either a Principal or Agent? When Freight Forwarders act as principal‚ they assume all responsibility and liability for the pick-up‚ handling‚ transporting and delivery of the shipment as a regular common carrier would. Their name is on the BOL. When a Freight Forwarder acts as an agent‚ their liability ends once they hand over
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Talent Agency Act (TAA) [is] the law enacted in 1978 that requires a person to have a license if they are acting as an agent… the TAA defines a talent agent as ‘a person or corporation who engages in the occupation of procuring‚ offering‚ or attempting to procure employment for an artist’ ” (Forbes‚ 2013). In this context‚ “artist” also refers to athletes represented by talent agents. The TAA effectively restricts any other entity from legally representing athletes in any compensation negotiation. In
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Contract of Sale. By the contract of sale one of the contracting parties obligates himself to transfer the ownership of and to deliver a determinate thing and the other to pay therefore a price certain in money or its equivalent. |Contract of Sale |Contract to Sell | |Title over the property passes to the buyer upon delivery unless |Ownership is retained by the seller whether or not there is |
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Principal –agent conflict arise because managers & shareholders view the role of the corporation differently. Investors see corporation as investment vehicles. Shareholders want corporate managers to work diligently and efficiently towards the simple goal of maximizing the value of their ownership stake. However‚ the relationship between the managers of a corporation and its owners is complex. The principle of self-interested behavior tells that people‚ including managers and stockholders‚ work
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Ethical Issues in Sales: Two Case Studies Thomas L. Carson Ethical issues in sales are an important and neglected topic in business ethics. Roughly 9% of the U.S. work force is involved in sales of one sort or another. But very little has been written about ethical issues in sales. Case 1: Shoe sales [The following case is taken from a paper that I received from a student. I am using this case with the student’s permission. The student did not want me to use his/her name. I have made some minor
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The definition of socialisation is the influences where one acquires a personal identity and learns the norms‚ values‚ behaviour and social skills appropriate to his or her social position. Out of the many agents of socialisation three of the most prominent ones would have to be family values‚ peer groups and media. Children are like sponges. They absorb information that is being provided. Behaviours that are observed‚ values that are being taught to them through an older member of the family
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ASSIGNMENT TOPIC Select one company in your country or region that has a sales force. The company and/or the sales force can be real or a composite of several situations that you have heard or read about‚ or experienced. Apply principles that you have learnt in this subject to that company’s sales function to judge its effectiveness about: - How well it fits into marketing and other parts of an organization; intelligence gathering is included within this function. - How well it knows
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as a fox and he had on a red shirt with black khakis. He was the son of Bruce Walter. Bruce was a very wicked person. He had once been a secret agent‚ but was shot by a laser which turned him wicked and pretty evil. Carter decided he was going to be a teenage secret agent. When he turned 13 him and his sister- Daphne- were drafted into the League of Agents for Students (LAS). The school was built in 2011. It is now August 15‚ 2015. The LAS director‚ Willie Berg‚ had installed buttons in Carters and
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near the suburbs of Parkway around the time of 3’o clock. Tibbolt was walking home from school during the time of the disappearance. A dead body search party was sent to find Tevon. According to FBI Agents Faraday and Wallace‚ one suspect named Maddie Fynn has raised curiosity among these FBI Agents. Agent Faraday during an FBI conference meeting highlighted‚ “Her neighbors believed that the girl was a bit of a mystery. However‚ based on the victim’s mother’s testimony‚ Maddie Fynn has turned into a
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Product: For most customers‚ a product is not only the product itself (the core)‚ but also the services and intangibles that surround it (the product surround). The surround includes: Before and after sales service. Delivery. Availability. Advice. Finance. Guarantees and warranties. Quality perceptions. Value perceptions. Reputation and brand name. Other user’s recommendations. Price: Pricing is important for several reasons: The price charged will determine margins and‚ in the end
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