combination of the term ‘Bank’ and ‘Insurance’. It means that insurance have started selling there product through banks. It’s a new concept to Indian market but it is very widely used in western and developed countries. It is profitable both to Banks and Insurance companies and has a very bright future to be the most develop and efficient means of distribution of Insurance product in very near future. Insurance company can sell both life and non-life policies through banks. The share of premium collected
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Introduction Accountants’ Liability to the Client and Third-Party A) Breach of Contract B) Ordinary Negligence (Accountant Malpractice) C) Fraud a. Constructive Fraud (Gross Negligence) b. Actual Fraud Accountants’ Liability under Common Law for Third-Party A) The Near-Privity Doctrine B) The Restatement Doctrine C) The Foreseeability Doctrine D) The Balancing-Factors Doctrine Accountants’ Liability under Statutory Law Third-Party A) Securities Act of 1933 B) Securities Exchange Act of 1934
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Relation of Partners with Third Parties A. Implied Authority of the Partners B. Partners are agents for each other C. Liability of Partners D. Doctrine of Holding Out Essentials of Implied Authority of the partners: Implied authority refers to those powers of a partner which are not expressly given to him or are not written down in a partnership agreement. An act of the partner to come within the preview of implied authority must fulfill the following conditions:- (1) The act must be
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Personal Selling Philosophy The web dictionary defines selling as; a sale is the act of selling a product or service in return for money or other compensation. Signaling completion of the prospective stage‚ it is the beginning of an engagement between customer and vendor or the extension of that engagement. Personal selling occurs where an individual salesperson sells a product‚ service or solution to a client. Salespeople match the benefits of their offering to the specific needs of
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Mediation in Third Party Intervention Communication and Conflict In cases of conflict where parties are having difficulty communicating or negotiating an outside help or third party can help the parties communicate effectively. Third parties1 act as a facilitator and help each side in analyze the conflict (Burgess‚ Burgess‚ 1998). Third party interventions are available in several forms. Informal third party intervention consists of helping parties with whom relational
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For my third information interview‚ I interviewed Kevin Gaillard‚ the Managing Director of The PrivateBank in Chicago‚ Illinois. I developed this contact by connecting with him on LinkedIn. I found his profile interesting because he has a vast variety of experiences that are quite impressive. I learned a lot from my conversation with him and I am so fortunate to have gained this knowledge prior to starting my extensive job search process. Kevin Gaillard began his career in banking in an entry-level
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Third Parties: The political system in America is known as a two-party system. Generally‚ two major political parties compete for office. “The first two political parties had their origins in the debate over the ratification of the Constitution – the Federalists and Antifederalists. Today‚ the Republican and Democratic Parties dominate electoral politics” (Mott). Both the Republican and Democratic parties have controlled the presidency since 1856. The total amount of third party candidates in American
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significant factor that has brought about a substantial increase in international trade‚ both import and export‚ which in turn has led to a surge in demand for various logistical services including third party logistics (3PL). The objective of this assignment is to explore the following areas: A look at third party logistics (3PL) in the context of the supply chain The development of 3PLs over time Activities and functions outsourced to‚ and performed by 3PLs How business add value to their goods and
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on how the proponents came up with the ideas of making a Patient Information for Dr. Postres Dental Clinic using Java as a programming medium. We will state the problems that are considered in making this project and how we plan to solve it as an Information Technology Students of STI College – Global City. This chapter also states our objectives‚ scope and limitations of the proposed project. This project is aimed to make patient information with billing system that is importance to a clinic and other
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of third party liability as foreseen’ in Federal Supreme Court (sixth civil senate) 1 regarding the case of a German branch of a bank provided wrong information to its potential investors and because of that one of the potential investors suffered a big loss and later sued the bank. But in November 1983 in Federal Supreme Court (fourth civil senate)2‚ death negligence in reporting in a case where buyer of a properly sued the valuer because of the wrong valuation. Court stated that if third party
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