A ▪ An action against the agent by the 3rd party for breach of warranty of authority. ACTUAL AUTHORITY Actual authority may arise from express agreement or from implied agreements. Where the principal expressly appoints an agent to do some act or enter into some contract on his behalf the Agent has express authority. If the instructions are not clear he should get a clarification but if he cannot contact the Principal he can act on a reasonable construction of the instructions
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______________________________________________________________________________ Executive Summary: Airborne Express the current underdog in the express mail business has been able to compete with market leaders due to innovation and optimization strategy. The company built on cutting cost and emphasizing reliability now faces pressure from the leaders UPS and FedEx to change their pricing strategy. This change from standard rate pricing to distance-based pricing puts Airborne in a dilemma in which
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MGT4570 Global Entrepreneurship Case study _TCS: An Entrepreneur Air-Express Company in Pakistan_ Name: Choi Ying Kai SID: 06523393 Date completed: 05-11-2007 Case Background: This case introduces Khalid Awan‚ co-founder of TCS‚ an entrepreneurial air-express company in Pakistan. Awan has succeeded in building a sizeable company despite serious obstacles‚ including pressure from the public postal system‚ an environment prone to corruption‚ and a nonexistent market for venture capital. The
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Service (UPS)‚ Federal Express‚ and Airborne Express. Combined‚ these “Big Three” ship more than 5 million packages a day with over 98% of which arriving on time. The impact that the express mail industry has made on the U.S. economy in terms of technology‚ logistics support for small business‚ and the overall movement of goods has far exceeded the expectations of many since its origination in the 1970’s. The case at hand dives truly dives into‚ not necessarily the phenomenon of express mail‚ but who were
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Airborne Express Value Chain Airborne Express has created a value chain that has all of the parts that Porter described in his book. Management has done an excellent job of organizing the value chain and realizing who their target market is. Although it may seem like Airborne Express is leaving revenue on the table by only providing services for a select group of customers‚ it is a good decision on the part of management to limit the customer base to only those customers which you can best
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a difficult time sleeping and was given something to put her sleep at approximately 3:00 a.m. A form was given to Ms. Davis to sign for surgery while going in and out of sleep at approximately 7:00 a.m. following the sleep medication. Was this an express consent or implied consent? Explain your answer. As the head administrator of the facility‚ discuss what concerns you have and what would you do with the person who presented Ms. Davis with the consent. * A minor with a gunshot wound was rushed
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a very socialist approach. And though they do not have any political ideologies that they favour‚ they tend to lean towards the right of the centre. In terms of political leanings‚ The Express does not favour any party but their slight right leaning makes them tend to support the RSS and BJP at times. The express raises bold and relevant points in its editorials that are backed by appropriate and sufficient evidence and are well
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Chapter 13 Problem 1 a. the use of debt financing leverages up ROE from 12.0 percent to 19.2 percent; total dollars returned to investors (including both stockholders and creditors)increased from $600‚000 to $680‚000; and the “extra” $80‚000 came from the “taxman‚” as taxes are reduced by that amount b. ROE 12.0%/15.0% c. At 20% ROE is 6.0 % At 0.6% ROE is 12.0% At .20 % ROE is 18.0 % The lesson is that although the use of leverage increases expected ROE‚ it also increases
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heartfelt words for the people who gave unending support right from the stage the idea of the research was conceived. I express my deep sense of gratitude & sincere thanks to those who have helped me in developing this research work. It is impossible to put out or classify the assistance; it is the feeling that matters‚ & not the value‚ The researcher would like to express his sincerest appreciation and heart-felt gratitude to the following that in one way or another‚ made this study possible;
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Assignment 1: JET Copies Case Problem Rose Leahy Strayer University Quantitative Methods-MAT540 Dr. Patricia DeJarnett July 21‚ 2013 Assignment 1: JET Copies Case Problem Read the “JET Copies” Case Problem on pages 678-679 of the text. Using simulation estimate the loss of revenue due to copier breakdown for one year‚ as follows: In Excel‚ use a suitable method for generating the number of days needed to repair the copier‚ when it is out of service‚ according to the discrete distribution
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