Commercial Law Agency An agent is determined by law. Determined by the legal implications of what the person does. Must be acting for a principal cannot stand alone. (a)Agent has the legal authority to bind or incur liability for which the principal can be responsible. The primary role of an agent is to negotiate or conclude contracts on behalf of a principal. Actions are treated like that of the principal. Consent can be determined by the Court. (b)Agent is a person who is recognized by law as
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Listing means admission of the securities to dealings on a recognized stock exchange. The securities may be of any public limited company‚ Central or state government‚ quasi government or other financial institution/corporation‚ municipalities‚ etc. | 2. | What are the requirements for a PSU to get listed on BSE? A company will have to meet the conditions prescribed under SEBI ICDR Regulations 2009 as well as minimum listing requirements prescribed by the exchange for seeking listing of its equity
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ROLE OF VARIOUS COMMISSIONS AND AGENCIES IN IMPROVING THE EDUCATIONAL SET-UP IN INDIA Abstract Since the time of the independence‚ the Government has always tried to keep a vigilant eye over the educational set-up of the country. For the very purpose‚ it has always got various committees and agencies formed for the purpose of looking into the organizational system of the country’s educational expanse. The history of the committees and agencies being formed to look into the educational set up of
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The Second Backward Classes Commission (Mandal Commission) By an Order made by the President of India‚ in the year 1979‚ under Article 340 of the Constitution‚ a Backward Class Commission was appointed to investigate the conditions of socially and educationally backward classes within the territory of India‚ which Commission is popularly known as Mandal Commission. The terms of reference of the Commission were: "The terms of reference of the Commission were:-- (i) to determine the criteria for
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Logistics & Supply Chain Fundamentals (240.260) Administrative Handbook 240.260 Administrative Handbook
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The Colombian Exchange was a global trade that changes many things in the economy. The things that it effected included farming and cattle‚ labor systems‚ and the silver trade‚ which all spread widely around the world in different ways. These examples are but a few of the things that were affected by the global Colombian Exchange. Agriculture and pastoral production were both similar trades that changed dramatically once the Colombian exchange began. Cash crops became very important in the New
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Administrative Issues When developing an effective strategy and rewards compensation plan one must produce a policy that executes the plan successfully. The Affirmative Action and Equal Employment Opportunity (EEO) laws allows the human resources professionals to hire the high qualified staff by selecting the right candidates for interviews‚ and giving the best job offers without discriminating against any candidates. Affirmative Action prevents discrimination among race‚ creed‚ religion‚ and
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How do Administrative Controls demonstrate “due care”? Administrative controls consist of approved written policies‚ procedures‚ standards and guidelines. Administrative controls form the basis for the selection and implementation of logical and physical controls. Logical and physical controls are manifestations of administrative controls. Some industry sectors have policies‚ procedures‚ standards and guidelines that must be followed – the Payment Card Industry (PCI) Data Security Standard
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CONSTITUTIONAL CONCERNS FOR AGENCY ACTION/CONTROL 1) NONDELEGATION a) Look to when the statute in the question has really broad language/purposes b) Rule: Under the non-delegation doctrine‚ Congress cannot delegate its legislative power to an agency because the Constitution vests Congress with this power. i) But long as the Act from Congress gives the agency some “intelligible principle” that the agency must conform to‚ the delegation will survive. Whitman (agency cannot sure own non-delegation
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ADMINISTRATIVE THEORY: Theory means a formal statement of rules on which a subject of study is based or ideas which are suggested to explain a fact or an event or‚more generally‚ an opinion or explanation. Administrative theory consist of those concets given by experienced administrators or obseervation of the operational situations in administration‚they may be divided from comparative studies or they maybe ideas and opinions of intellectuals. Administrative theories are
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