Executive Summary Various issues in the common law arise when agents make contracts on behalf of principals. Should a principal be bound when his agent makes a contract on his behalf that he would immediately wish to disavow? The tradeoffs resemble those in tort‚ so the least-cost avoider principle is useful for deciding which agreements are binding and can unify a number of different doctrines in agency law. In particular‚ an efficiency explanation can be found for the undisclosed-principal rule
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Frederick Taylor University BA 400D: Advance Management Final Assignment Student ID: 1754 12 Pacific Savings Bank‚ Ltd. The Absence of Total Quality Management Francis P. Remengesau Table of Contents I. Introduction II. Beginning III. What is TQM? IV. Pacific Savings Bank‚ Ltd. V. Benefits & Features VI. Lesson VII. Conclusion VIII. Bibliography/Further Readings IX. End Notes Introduction The term paper will address Total Quality Management
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discuss their patients with their friends in conversation. Intelligence workers in covert missions may have to lie about their whereabouts to even their closest friends. The lawyers also have strict observances of client confidentiality. A breach of fiduciary responsibilities may even lead to the disbarment of an attorney. When chatting to their friends‚ people of these occupations are unable to be entirely truthful. Total truthfulness is unachievable in normal human interactions‚ and in the meantime
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defrauding his creditors. That being a merchant or trademan he has generally defaulted in the payment of his current obligation for a period of thirty days‚ He has failed after demand to pay any moneys deposited with him or received by him in a fiduciary capacity and‚ Insufficiency of property to satisfy and execution issued against
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Unfortunately‚ it appears that this is‚ by law‚ “fair” as Mr. Retzer owes a fiduciary duty to Mrs. Retzer. Now is this actually a “fair” situation is a whole other question. No‚ I would say this is not a “fair” circumstance for Mr. Retzer as he has been basically betrayed by his wife‚ whom he has to now make money for‚ to the best of his ability. To me this does not seem fair as far as my understanding of the term goes‚ however by law he must abide. Unless they previously agreed upon in their term
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6. Lloyds Bank Ltd v. Bundy (1974) IN THE SUPREME COURT OF JUDICATURE. COURT OF APPEAL Appeal by defendant from judgment of His Honour Judge McLellan on 6th June‚ 1973‚ at Salisbury County Court. Royal Courts of Justice. 30th July 1974 B e f o r e : THE MASTER OF THE ROLLS (Lord Denning) LORD JUSTICE CAIRNS and Sir.ERIC SACHS. ____________________ Between: LLOYDS BANK LIMITED Plaintiff Respondent And HERBERT JAMES BUNDY Defendant Appellant ____________________
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Arthur Andersen’s Troubles 1. Arthur Anderson (AA) should have been able to help prevent to some extent the Enron disaster‚ however‚ they either missed or ignored Enron’s manipulations allowing the fraud to continue as long as it did. AA contributed to the disaster by approving the structure of many Special Purpose Entities (SPE)‚ which Enron used for off-balance sheet financing. The SPEs did not meet the requirements of an independent company and should have been consolidated with Enron’s
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Stakeholder Conflicts in Organizations Chris Lindquist Grand Canyon University: ORG-807 June 25‚ 2013 Introduction This paper will discuss how non-profit and for-profit organizations manage the interests‚ opinions‚ and concerns of their stakeholders. Additionally‚ this paper will address the management differences that exist between for-profit and non-profit organizations. A set of research questions will be presented to research the effectiveness of the management techniques employed
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or incomplete MIS may increase risk in a number of areas such as credit quality‚ liquidity‚ market/pricing‚ interest rate‚ or foreign currency. A flawed MIS causes operational risks and can adversely affect an organization’s monitoring of its fiduciary‚ consumer‚ fair lending‚ Bank Secrecy Act‚ or other compliance-related activities. Since management requires information to assess and monitor performance at all levels of the organization‚ MIS risk can extend to all levels of theoperations. Additionally
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..............................................19 3.7.2. Justifiable Reliance Is Not Alleged........................................................................19 3.8. The Fourth Cause of Action Fails to State a Cause of Action for Breach of Fiduciary Duty Against the ADAMS DEFENDANTS. ........................................19 3.8.1. The Allegation of Damages Is Conclusory‚ Is Wholly Unsupported by Any Factual Allegations of Damages‚ and Contradicts Other Allegations in the FAC..............
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