FORMATION OF AGENCY QUESTION 2 Introduction Agency define which subsists between principal and an agent‚ where the agent has been authorized to act for the principal or represent him in dealing with others or 3rd party. Agent is person who is employed by the principal to do certain act for him to represent him in dealings with 3rd party. Principal is a person who authorizes the agent to act on behalf of him. There are five formation of agency‚ which is by express appointment‚ by implied appointment
Premium Partnership Contract Defendant
AGENCY RELATIONSHIP An agency is a relationship which exists when one party called the principle appoints and authorizes another called the agent to enter into a contract with a third party ‚ which contract is legally binding to both parties. An agent is therefore a party who is authorized to represent or act on behalf of another for the purpose of bringing that other party into legal relations with a third party. A Principal is a party who authorizes another party to represent or act on his
Premium Contract
Role and Functions of Law LAW/421 November 3‚ 2014 Charles Hughes Role and Functions of Law “Law plays a significant role in the successful operation of business and society” (Bushman‚ 2007). Laws create order and allow a government to instruct citizens on what is acceptable behavior. These laws‚ better known as public laws‚ provide a clear set of rules for citizens to follow. What is Law? According to Melvin‚ law is defined as “a body of rules of action or conduct prescribed by controlling
Premium Law Judge Jury
Saatchi Company Description This advertising firm is so nice‚ they named it twice. Saatchi & Saatchi is one of the world ’s top advertising agency networks‚ with more than 150 offices in about 85 countries. It provides creative advertising services and plans marketing campaigns for some of the largest advertisers and top global brands. Its Saatchi & Saatchi X agency acts primarily as a shopper ’s marketing services network in the US‚ while its The Facilities Group segment specializes in technical and
Free Advertising
DEMENTIA WITH LEWY BODIES the level of decline in somebody with DLB is very similar to alzheimers they may have problems with memory judgement and behavioural issues‚ they may suffer with visual hallucination and their alertness and cognitive functions may fluctuate daily‚ muscle rigidity and tremors are common. CREUTZFELDT JAKOB DIEASE Rapidly fatal disorder that impairs memory and coordination and causes behavioural changes. FRONTOTEMPERAL
Premium Person Caregiver Individual
Abstract This paper will define the functions and roles of law in both business and society. Giving examples of such relationships from past and future experiences from the author pertaining to current and past job or industry. While it is beyond the scope of this research paper to do a complete analysis of all the laws and functions pertaining to business and society we will cast a broader look at the significant points that can add value to the paper. Functions of Law in Business and Society
Premium Law
Kay Clark TDA2.2 – 1.1 – Identify the current legislation‚ guidelines‚ policies and procedures for safeguarding the welfare of children and young people‚ including e-safety. Within my workplace I am aware of the statutory and regulatory health and safety requirements for pupils‚ staff‚ families and visitors in the school. Health and safety legalisation places overall responsibility for health and safety with the employer. However‚ as an employee working within a school‚ you also have responsibilities
Premium Abuse Bullying Child abuse
Compare and contrast the role and function of judges‚ lawyers and lay people within the English Courts Judges‚ lawyers and lay people all contribute to the English courts however the roles that each of them play are different. There are two types of lay people that have a role in the English Courts‚ solicitors and barristers. A solicitor’s main function is to perform all of the legal work outside the court however they work together with barristers whose main function is to defend the client in the
Premium Judge Law Lawyer
CU297P/CT297 Principles of Diversity‚ Equality and Inclusion in Adult Social Care Setting 1.1 Define what is meant by: Diversity Equality Inclusion Discrimination Diversity - is meant by acknowledging that each individual is unique and recognising individual differences‚ For example culture‚ ability‚ gender‚ race‚ religion‚ sexual orientation‚ or any other individual characteristic
Premium Discrimination
01 tecHnicAl analytical procedures relevAnt to AccA QuAlificAtion PAPers f8 AnD P7 AnD cAt PAPer 8 ‘The auditor shall design and perform audit procedures that are appropriate in the circumstances for the purpose of obtaining sufficient appropriate audit evidence.’ (ISA/HKSA 500(6)) To obtain audit evidence‚ the auditor performs one – or a combination – of the following procedures: ¤ inspection ¤ observation ¤ external confirmation ¤ inquiry ¤ reperformance ¤ recalculation
Premium Expected value Financial audit Auditing