11) Termination of agency | | | 1. | By agreement | | | | | | a. | On the basis that an agency relationship is created by agreement between the principal and the agent‚ such a relationship can also be brought to an end by mutual agreement between the parties‚ either in writing or orally. | | | b. | Termination by agreement may also occur if the agency relationship is terminated pursuant to the provisions of the agency agreement itself. The following situations may
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Understanding how to behave in a way that supports effective working. 2.1 – Explain the purpose and benefits of setting high standards for own work. By setting yourself high standards for your own work you are doing the best you can‚ by doing this you will get recognised in a positive way and proving yourself to your colleagues. High standards create positive challenges and show your achievements whilst improving yourself on a daily basis. By speaking with managers or colleagues about finished work
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There are two types of employment agencies‚ recruiting and staffing. These can both be good tools to use in your job search. A recruiting service matches your skills with a permanent full time position. They are also called headhunters or executive search firms. Basically what they do is look for qualified candidates for different employers. Most of the time the employer pays the fee to the recruiting service and the recruiting service recommends you for the job if you are qualified. I guess this
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Chapter 1 Introduction Hospitality Industry is dynamically growing in the recent years‚ not only in the number of tourist but also the number of it’s different fields. One of these is the expansion of Travel Agencies. Travel Agency is one of the service intensive industries and indispensible among the tourism business. But what is the specific role of travel agency in the hospitality industry and how does it affect the whole industry. Travel Agency is defined as a retail business selling travel-related
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to try their best to achieve shareholder’s goal. Due to different interests in shareholders and managers‚ the conflicts always exist between them. An agency problem occurs when the interests of stockholders‚ the board of directors‚ and/or the management of the company are not perfectly aligned or when these entities conflict. EXPLAINATION Agency problem is typically caused by two reasons which are asymmetric information and hidden action. There is no legitimate theoretical or moral objection
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LAW OF AGENCY The law relating to agency in Kenya is contained in the Factors Act 1889 and the common law as modified by the doctrines of equity. Agency may be defined as a legal relationship that exists between a person called the agent is considered by law to represent another known as the principal in such a way as to affect the principal’s legal position in relation to 3rd parties. It has also been defined as a relationship where a party expressly or implied consents that the other should
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Unit 1 – An Introduction to Working with Children There are three types of sectors that support children and their families in the UK today. These are; the statutory sector; the voluntary sector; and the private/independent sector. The statutory sector‚ also known as the public sector‚ includes health‚ social care and education services that are provided by the county and funded by the government through taxes. The state is required by law to ensure that all children receive education
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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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Diagnostic Case Study Questions to consider when formulating a diagnosis for Nell Type in the questions for the case you have selected. Then answer each question. 1. When behavior of running away‚ truancy‚ self-destruction happens‚ can you choose not to do it? 2. How do you feel right after running away? 3. What are some of the specific circumstances and feelings prior to running away? 4. How do you feel after getting high and having sex with a stranger? 5.
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visa applications and other foreign travel requirements. High Speed Travel and Tour can position itself as a niche service provider within the travel and tourism market and offer high quality travel packages for various travel. And our travel agency will give well- informed‚ appropriate advice to clients about where and when to travel based on their needs. III. Target Market: We targets both local and international tourist‚ business travelers‚ leisure travelers‚ backpackers‚ expedition
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