an Agency Contract may be established. Agency According to Nicole Busby‚ an agency is a contractual relationships that entitles one party to act on behalf‚ or in favour of‚ the other party in contractual arrangements with a third party. In this regardthese circumstances‚ the former is known as an “agent” and the entity on whose behalf the agent performs is called a “principal”. Generally‚ the agency relationships arises in commercial transactions‚ partnership and employment. The term “agency” in
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Harswell‚ Tiffanie Prof. M. Maupin Enc0025 05/27/2013 What invention would the world be better off without‚ and why? One major substance in the world can change your life forever. The most popular invention that I feel the world can go without is Cocaine. This drug can cause much turmoil in your life. Just one try and you can become an addict. An addiction is a habit that can’t be broken unless you have assistance. Cocaine can cause you to have health issues‚ family issues and cause
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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
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favorite shows. So could we actually live without tv? My answer is yes. First of all‚ there are many alternatives for television‚ such as internet. With the latest technology‚ we can easily find the information or entertainment we need from interest. For example‚ you would like to know more about an extinct animal. You may watch discovery channel on the television‚ but will interest you can ask any question you want. With the enormous database online‚ you can probably find almost all kind of answers
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AGENCY 1. Agency Relationship Cases Definition Principal authorizes Agent to enter into legal transactions (contract) with Third Party on Principal’s behalf Agency relationship between P and A A’s obligations to P: 1. Act according to terms of appointment and within scope of authority 2. Not liable to P or TP 3. Carries out duties with care and skill‚ keep true and proper accounts 4. Cannot conflict P’s interest / act for personal gains 5. Cannot delegate whole duty to others P’s
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What could you live without? Walking down the hallway‚ I was thinking about the topic “What could you live without” and I couldn’t think of many things. Things that we used in our life basically charge an important role of a human society. For example‚ foods‚ water‚ shelter‚ smart phone‚ clothes‚ computers and etc. As I was reading “What could you live without?” by Nicholas Kristof‚ it prompted a lot of ideas. I looked around my house and all the stuffs that I have is the stuff that we need it
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The Functions and Role of Law in Business and Society Courtney Cunningham LAW 421 June 22‚ 2015 Professor Milton Luoma The function and Role of Law in Business and Society What is the meaning of law? If you were to look up the online meaning of law‚ most likely you will find this definition: “a body of rules of conduct of binding legal force and effect‚ prescribed‚ recognized‚ and enforced by controlling authority”(The Free Dictionary‚ 2013). Another way of looking at it is a group of rules of
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The roles of agencies that could be involved in a fire investigation There are multiple agencies that can work with fire investigators. Each of these can either help with preservation of life‚ collection of evidence and finding the cause of the fire as well as helping fix any damage made and try to prevent it. Each of the agencies that will be mentioned help out with these. Police The police are usually the first people on the scene other than the fire services‚ depending on how long it will
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Contract law • Tax law • Accountng • Securites law • Bancruptcy • Intellectal property rights • Licensing • Zoning laws • And the specific to the business of the corporaton that they work for … COMMERCIAL TRANSACTION • Commercial transacton • An interacton between two or more partes in which goods‚ services or something of value is exchanged for some type of remuneraton. Some aspects of commercial transactons‚ such as truthful representaton and contract provisions‚ are governed by law. Remuneraton
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Role and Functions of Law Paper Brian Gonzalez Law 421 September 18‚ 2014 University of Phoenix Role and Functions of Law Paper Law works in many ways for business and for our society to coexist. This is done by setting rules and expectations that provide ways to solve disputes and assign government agency to enforce them. Law is defined as “a body of rules of action or conduct prescribed by controlling authority‚ and having legal binding force.” (Melvin‚ 2011). It is very important for business
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