Estimated liabilities are a known obligation that is of an uncertain amount but that can be reasonable estimated. Common examples are employee benefits such as pensions‚ heath care and vacation pay‚ and warranties offered by a seller (Fundamental Accounting Principles‚ Chapter 11‚ Pg 437). When a firm sells products or renders services with a warranty‚ the firms has an obligation towards the customer when the warranty is honored. The warranty liability is an estimate of the obligations. Hence‚ a
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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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Integrity and Professionalism of a Counselor Characteristics of effect counseling 10/07/2013 Abstract Therapists fill an essential role in society; they provide a formal emotional outlet in times of intense personal struggle. Because of the nature of this role‚ it is critical that therapists act professionally and uphold the integrity of their position‚ so as not to harm their relationship with a client‚ and by extension‚ the client’s relationships with others. Being professional
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Nursing Liability The American Nurse Association provides guidelines and policies for standards of care and scope of practice; they are listed in the Nurse Practice act. While hospital policies may vary from facility to facility it is the Nurse Practice Act that guides and dictates the standards by which nurse perform their duties and are held liable. Nurse have the legal duty of adhering to the standards of care whenever they are taking care of patients‚ when they fail to perform to these standard
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Products Liability 1. Construct a fact pattern [an example] to clearly delineate: a. A Manufacturing Defect: A car’s braking system that does not work properly and causes the driver to get into an accident. b. A Design Defect: A type of sunglasses that fail to protect the eyes from ultraviolet rays. c. A Marketing Defect: Prescription drugs advertised as “virtually non-toxic‚” “safe‚” and “free of significant side effects” when they are not. They failed to state
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Chuck Yeager For this assignment‚ I selected American pilot Chuck Yeager because of his long history with the aviation and aerospace field through the U.S. military‚ as well as the breakthroughs he made during his service. His ambition‚ dignity‚ and patriotism for his country and line of work makes him stand out from many others in this field‚ and as a result‚ I feel he has contributed greatly to the aerospace industry. Chuck Yeager is an American combat veteran from Myra‚ West Virginia that
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Development for Professional Counselors Kathy Blaydes August 4‚ 2013 Advocacy and consultation have over the years proven to be two equally important ways for counselors to assist their clients. According to research conducted by Moe‚ Perera-Diltz‚ & Sepulveda (2010)‚ there is a positive correlation between the two concepts. For example‚ both concepts utilize distinct and unique methodologies as a means of assisting clients within the realm of counseling. To truly understand
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Assistant Center‚ Career Exploration Center‚ Center for Educational Opportunities‚ Multicultural Student Services‚ Placement and Co-op Services‚ and University Counseling Services. The total sample population was 99. Results of the study reported that students’ perceived needs that were most important to them to be in the areas of career counseling and job placement. Significant differences were found among groups who were identified as ’high risk’ students and minority students. Differences in gender
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Having had limited experience in the counseling field I have not yet experienced failure in the field. From the standpoint of someone quitting counseling there may be varied reasons‚ which a therapist may come to different conclusions as to why. Why might a client initiate dropping out? Many times the client doesn’t feel the relationship is a good fit‚ perhaps they do not feel comfortable disclosing to the therapist. Another reason for quitting may be lack of support from close friends and family
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Counselor Ethics & Responsibilities Patrice Walker Grand Canyon University: PCN 505 09/18/2013 Ethics & Responsibilities Counselor’s ethics and responsibilities are a very important part of their job. There are ethical codes set for counselors to perform by. The responsibilities of counselors range and vary due to clients and their situations. One of a counselor’s main priorities is to protect their clients’ privacy. Counselors have the ethical responsibility to understand
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