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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company always link their attitude to the their own interest‚ and they would not 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
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Running head: POSTTTRAUMATIC STRESS DISORDER Posttraumatic stress disorder (PTSD): Comparison of eye movement desensitization and reprocessing (EMDR) and cognitive behavior therapy (CBT) Hui-Wen Lo San Jose State University In partial fulfillment of the requirements for PSY190 Nancy L. Eldred 12-08-09 Posttraumatic stress disorder (PTSD): Comparison of eye movement desensitization and reprocessing (EMDR) and cognitive
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ADVERTISING AGENCIES ROLE‚ TYPES‚ IMPORTANCE & ORGANIZATIONAL STRUCTURE SUBMITTED BY: CONTENTS 1. INTRODUCTION 2. DEFINITION 3. ROLE 4. TYPES ON THE BASIS OF: SERVICE PROVIDED ADVERTISING MEDIUM 5. IMPORTANCE 6. ORGANIZATIONAL STRUCTURE 7. TOP 10 INDIAN ADVERTISING AGENCIES 8. SUMMARY 9. REFERENCES INTRODUCTION ADVERTISING AGENCIES: The work of a tailor is to collect the raw material‚ find matching threads‚ cut the cloth in desired shape‚ finally
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plants Plants; probably the most ignored organism on this planet. People walk past plant and cut them down but nobody ever thinks about what they do for us‚ what the world would be if there was never any plants or photosynthetic organisms. If the world never had these organisms the world would be a desolate place. There would be no oxygen‚ atmosphere‚ or food. We inhale air unconsciously every day. By taking in air‚ we absorb oxygen and discharge carbon dioxide in the process of generating energy
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respect he had from others. Being a respected leader is something that is not often seen‚ Brain was without a doubt considered a winner‚ a good one at that. Brian’s men looked at him as a leader‚ they trusted him and believed in him. They knew that he would not lead them in the wrong direction. “He told his followers they could win and they believed him” (Llywelyn 382)‚ they truly trusted his every word. Brain was always very humble on what his men thought of him. Being a leader is not easy‚ but Brian
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Agency Theory Agency theory is widely used in different companies‚ businesses and organizations Agency Theory is basically about the association between the boss‚ which is the Principal‚ and the worker‚ which is the Agent. A good example for an application of the Agency Theory would be sharecropping‚ where the Principal is the landowner and the Agent is the farmer. Another example for the Agency Theory in a more familiar organizational structure would be the relationship between a company’s shareholders
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Multi-agency Working The aim of the essay is to show an understanding of the value of effective multi-agency working in supporting children and families. It is mentioned in the department of education (2012) that multi – agency working is a way of bringing together practioners from different professions to give additional support to children and family who need it. Because children and their family needs can be very different it is ensured that right professionals are involved in the service provided
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I chose to write a report about the YWCA Pierce County‚ located on 405 Broadway St‚ Tacoma Washington. The YWCA or Young Women’s Christian Association is one of the oldest and largest women’s organization in the nation‚ serving over 2 million women‚ and their families at more than 1‚300 locations across the United States. The original Christian perspective is still strong in many of the national associations‚ but some have changed their focus to be more of a social and community based program. The
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TOPIC THREE: LAW OF AGENCY * Nature and Creation of an Agent * Duties of an Agent to his Principal * Duties of a Principal to his Agent * Termination of Agency Contract NATURE OF AGENCY What is an agency? Section 135 of Contract Act 1950: “Agency is the relationship which subsists between the principal and the agent who has been authorized to act for him or represent him in dealings with others.” There are two types of agency contracts:- 1. Contract between principal & agent
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