Management Cheeseman (2010) stated, “Express agency is the most common form of agency. In an express agency, the agent has the authority to contract or otherwise act on the principal’s behalf, as expressly stated in the agency agreement. In addition, the agent may also possess certain implied or apparent authority to act on the principal’s behalf”(p.461). A business owner needs to clearly define the responsibilities and authority that each employee holds. The business owner also needs to clearly state which
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physical resources As my business is starting up there are several legal statuses that I can have which are; Legal Aspects; * My legal status: Sole trader * Legal liability: Unlimited liability * Trading terms and conditions: Being owner of the business this means that I can do as I wish and go against the terms and conditions which I have set for my business, for example of a term would be the closure of the shop at 9pm A sole trader owned company is a business which is owned just by
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another person to act on his or her behalf” (459). Thus, the principal is Fab Flowers. An agent is a “party who agrees to act on behalf of another” (p. 459). Thus, the agent is Ben. These two parties together make an agency. In this case Fab lowers and Ben have formed an express agency. This occurred when Fab Flowers agreed with Ben, whether oral or written, that Ben would represent Fab Flowers to purchase wholesale flowers in Ecuador for Fab Flowers to resale. A(2). As the principal, Fab Flowers
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Business Law Name Institution Business Law When starting a new business, there is a range of legal issues that the two graduates should put into consideration before making the business operational. Everything from the business structure to its operation to its name has legal implications. Before starting the business, the two graduates are required to sample legal concerns that they want to address with their attorney before they start the business (Miller, Cross, & Jentz,
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•Summary the act and how the act addresses the specific problem(s). •Analyze the act and give feedback if you believe the act is and will be effective for protecting consumers and citizens. Is it useful to law enforcement? I did some research and found the Counterfeit Access Device and Computer Fraud and Abuse Act. The act was passed by Congress in 1984 and was the first federal computer crime legislation. The act was set in place to protect certain classified
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Table of Contents Certificate of Authorship 3 name 3 Purposes one (1) strategy that the U.S. could use in order to mitigate the challenges in question. 8 Explain the fundamental manner in which the U.S. could align the efforts of federal agencies in order to better protect the nation against digital crimes and terrorisms 9 Conclusion 10 References 12 Certificate of Authorship I have read and understand Strayer University's Academic Integrity Policy. I promise to conduct myself with
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ESLSCA MIBA - Group 43C Contemporary Management Course Case Study # 01 Worksheet Workplace Violence Version 1.0: 07 Jun 2013 Presented by: Hossam Bashir I. Problem Definition: Workplace violence is violence or the threat of violence against workers. It can range from threats and verbal abuse to physical assaults and homicide, one of the leading causes of job-related deaths. However it manifests itself, workplace violence is a growing concern for employers and employees nationwide
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Regulatory Agency Paper Lori Lewellen HCS 430 Throughout this paper I will discuss and explain the application as well as how the Family and Medical Leave Act, which is also known as FMLA is implemented, as well as Worker’s Compensation Occupation and Safety and Health Act, which is also known as OSHA. I will also discuss the regulatory laws in which are implemented by organizations to make sure that these acts are adhered to and mandated while still providing employees with a working
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Assignment #2 Law, Ethics, and Corporate Governance August 11, 2010 Question 1. Explain if it matters that a parent literally had nothing to do with a biological child in order for the child to take advantage of the Family and Medical Leave Act (FMLA) to care for that parent? It does not matter if the Tony’s father was in his life or not. He is still Tony’s biological father and he has every right to take care of him. According to the FMLA act The Family and Medical Leave Act (FMLA) provides
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one-time payment of BDT 1,684 million to the Government as compensation for revenues lost due to the use of Grameenphone subscriptions by some customers to illegally transfer international calls. Grameenphone has fully cooperated with the law enforcement agency and Bangladesh Telecommunications Regulatory Commission (BTRC) officials investigating the case. Grameenphone has not actively taken enough measures to prevent the use of its products by some customers for illegally terminating international
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