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
Premium Bankruptcy Agency law Business law
Question 1 The Role of HR. The current Business and Economic environment can be said to present some critical challenges to HR Managers. Discuss what you think these challenges might be and explain how in your opinion strategies can be established to overcome these challenges. In this essay‚ the critical challenges created from the business and economic environment will be analysed and applied to HR managers. In order to analyse the challenges the recruitment process will need to be considered
Premium Human resource management Recruitment Management
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
Premium Acts of the Apostles Contract Party
Some of mans greatest accomplishments have occurred in space‚ such as the moon landing. Space travel not only provides the delightful experience‚ but it also helps us to better our technology as the year’s progress. Although these are positive aspects of space travel‚ there are negative aspects that strongly linger‚ making space travel not so promising. As you may know‚ funding for space travel has cost the people in our society a great deal of money. The government has managed to put the
Premium International Space Station Space exploration Spaceflight
Resources Conducting an HR Audit: How HR Can Better Measure the Effectiveness of its Functions and Programs? By Judith Brown‚ Director of Research International Public Management Association for Human Resources 1617 Duke Street Alexandria‚ VA 22314 (703)-549-7100 http://www.ipma-hr.org Introduction Conducting an HR Audit---How HR Can Better Measure the Effectiveness of its Functions and Programs By Judith Brown‚ Director of Research Redefining the role of HR The historical role
Premium Human resource management Human resources Management
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
Premium Agency Agency law Agent
How can the structure-agency debate help us to understand the attitudes towards police work and the actions of Captain Louis De Koster as a police officer? The structure-agency debate is a debate that asks one “to what extent are we shaped by social structure and to what extent do we exercise agency to determine our own biography?”. I am going to use this debate to understand the attitude and actions of Captain Louis De Koster as a police officer. Structure is the complex framework of social
Premium Sociology Social structure
Task 1 Conduct desk research Consider the air travel industry’s environment‚ conduct research on the main forces in the macro environment facing air travel industry companies. Based on your research prepare a report. Your report should cover the following information a)Background of the research Industry Specific Metrics Aircraft Utilization: The most basic metric for an airline is aircraft utilization. This is a measure of the average number of hours that each aircraft is flying in each 24
Premium Airline Southwest Airlines Low-cost carrier
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
1.2 Explain factors that affect an organisations approach to talent planning: There are obviously many different factors that affect an organistions approach to talent planning. External factors such as the economic environment can have a massive effect in how an organisation resources and retains talent. For example‚ in times of high unemployment it is far easier to attract high levels of talent‚ as there are many unemployed suitable candidates in the job market. Similarly it is easier to
Premium Recruitment Employment