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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1. Second-party payment is when the person (patient) receiving the health service pays their own hospital bills. This was good in that just the right quantity and quality of healthcare was sought after by patients. It was ethically straining for the patients who needed yet couldn’t afford healthcare. Third-party payment is when the agent of the patient contracts with the providers to pay some or all of the bill. Third-party payment systems were created due to bad-debt concerns (created by second-party
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agencies------------------------------------------------- Food and Agriculture Organization (FAO) The Food and Agriculture Organization of the United Nations leads international efforts to defeat hunger. Serving both developed and developing countries‚ FAO acts as a neutral forum where all nations meet as equals to negotiate agreements and debate policy. FAO’s mandate is to raise levels of nutrition‚ improve agricultural productivity‚ better the lives of rural populations and contribute to the
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Wimmer 1 Katherine Wimmer Mrs. Milliron English 11 May 5‚ 2009 Animal Experimentation: Obsolete in Today’s World Imagine a young girl‚ sitting in her dinning room with her loving family. She is about to partake in her mother’s famous lasagna‚ when suddenly‚ huge creatures burst into the room and grab the little girl and her family. The leering eyed creatures stuff the innocent family into cages‚ too small for their bodies‚ and shove them into vans. As the girl’s last days
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Funding National Parks in the United States “America’s best idea” is a fitting name for the National Park Service: it protects natural resources‚ promotes outdoor learning‚ and allows for Americans to experience America’s majestic beauty and wonders of nature. Unfortunately‚ The NPS budget has been getting smaller and smaller‚ leaving barely enough money to withstand the millions of visitors the Parks get each year. A simple one-part solution won’t cut it; rather a combination of a restructured
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organization and leading the entire organization towards a similar purpose and message requires great leadership. With this‚ we would look further into the practice of ethical leadership; how it’s defined and attempt to provide a more comprehensive understanding of ethical leadership and it’s relation with integrity. What is Ethical Leadership? Firstly‚ Ethics is a philosophical term that is related to the prescription and description of moral principles that guides people’s behaviours‚ suggesting
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Termination of agency.A contract of agency is a species of the general contract. As such‚ an agency may terminate in the same way as a contract is discharged except where the agency is irrevocable. Broadly speaking‚ an agency may be terminated either by the act of parties or by the operation of law. (a) Termination by act of parties: A contract of agency may come to an end by the act of the parties as follows: 1. By agreement: An agency is generally created by an agreement‚ it may also be terminated
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Agency Costs of Free Cash Flow‚ Corporate Finance‚ and Takeovers Michael C. Jensen Harvard Business School MJensen@hbs.edu Abstract The interests and incentives of managers and shareholders conflict over such issues as the optimal size of the firm and the payment of cash to shareholders. These conflicts are especially severe in firms with large free cash flows—more cash than profitable investment opportunities. The theory developed here explains 1) the benefits of debt in reducing agency
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Introduction Ethical behavior is that accepted as morally "good" and "right‚" as opposed to "bad" or "wrong‚" in a particular setting. Is it ethical to hide information that might discourage a job candidate from joining your organization? Is it ethical to ask someone to take a job you know will not be good for his or her career progress? Is it ethical to ask so much of someone that they continually have to choose between "having a ’career’ and having a ’life’?" The list of questions can go further
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TABLE OF CONTENTS INTRODUCTION; * HISTORICAL BACKGROUND OF UNICEF * Definition of key terms * UNICEF OBJECTIVES * ROLES of UNICEF * MAIN BODY * FUNCTIONS OF UNICEF * RECOMMENDUTION * CONCLUSION * REFERENCES Historical background of UNICEF From its start in 1946‚ UNICEF took upon itself the mandate to feed the impoverished‚ improve their health‚ and provide clothing to the children of Europe. After becoming a permanent member of the UN is 1953‚ UNICEF’s first campaign
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