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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Ethical Principles Within the healthcare field‚ a worker will have to make some ethical decisions. These decisions may be easy‚ but most will be hard to make. There are certain code of ethics a healthcare worker needs to follow in order to create the best work environment for them and for the patients. These are set so that everyone has an equal understanding of the ethics. One example from the code of ethics is‚ “the health care worker provides adequate and continuous care for all patients regardless
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Health care service whether should be granted to citizens by governments for free has been a controversial issue over a decade. A vast majority of citizens would certainly support the creation of the free health care scheme. Yet‚ governments express serious concerns about the free health care services for their free health care services for their citizens. First and foremost‚ providing free health care services to citizens is deemed to be an enormous expenditure. Evidently‚ government revenues
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This case comes under Law of Agency. Agency Law is concerned with any “principal‚ agent and third party” relationship; a relationship in which one person has legal authority to act for another. Agency involves three parties : • Principal – Mr. Smithfield • Agent – U.K. Rail • Third Party – Pig resort/Care Centre Agency relationship may arise in five ways and one them which arise in this case is “Agency Of Necessity” and the requirements are : • Genuine necessity – there was a delay in delivering
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Running Header: SIGNIFICANT EVENT/IMPACT ON HEALTH CARE ORGANIZATIONS: MANAGED CARE Significant Historical Event/Impact on Health Care Organizations: Managed Care Erich Hayman Monday‚ May 19‚ 2008 University of Phoenix HCS/530‚ Health Care Organizations Professor David A. Olsen‚ MHA Significant Historical Event/Impact on Health Care Organizations “By 1995‚ managed care plans had become the dominant form of health insurance and enrolled 73 percent of all Americans who were
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Law of Agency WHAT IS AN AGENCY? Sec 135 of Contract Act‚ agency is the relationships which subsists between the principal and the agent who has been authorized to act for him or represent him in dealings with others. WHO CAN BECAME A PRINCIPAL OR AGENT? Any person who is 18 years old and above and who is of sound mind may be principal. As between the principal and third persons‚ any person can became an agent. BUT persons of unsound mind and who are below 18 years are not liable towards their
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Principles of Practice Introduction In this assignment I intend to describe through examples‚ from my experience‚ how legal and organizational are applied to ensure that the rights of individual are met‚ I purpose regulations‚ codes of practices‚ standards and guidance relevant to working in health and social care setting. I will also be analysing the implications for own practices of legislation
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Definition 1. If to each element x of set X () is put in conformity the element y of set Y () speak‚ that on set X function is given. Where х is an independent variable (or argument)‚ y - a dependent variable‚ and the letter f designates the law of conformity. Set X is a domain of function (or domain of existence)‚ and set Y is a range of function. Methods of the task of functions: 1. Analytical method. Function is set by the formula . Example. . 2. Tabular method. Function is set
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NCO Responsibility and Property Accountability With great power comes great responsibility… As a Non Commissioned Officer we have great power‚ to influence‚ to mentor‚ provide motivation‚ and we hold others lives in our hands. This power is not to be taken lightly at all. Responsibility is defined as a particular burden of obligation upon one who is responsible‚ reliability or dependability. In this paper we will examine the role of the Non Commissioned Officer his/her duties and responsibilities
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Running head: FINANCIAL MANAGEMENT OF HEALTH CARE ORGANIZATIONS Financial management of health care organizations Name: College: Date: Introduction Healthcare managers participate in various important roles that allow them to form and maintain flourishing organizations. Managers ought to be aware of the decisive elements of management and the generally accepted accounting principles. At the same time‚ they must realize‚ stick to‚ and put into effect the general financial ethical
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