duties. 2. Law: (1) An instrument transferring or vesting legal authorization. (2) The ability conferred on a person by law to determine and alter (by his or her own will) the rights‚ duties‚ liabilities‚ and other legal relations‚ of himself or others. Types of Power In any organization‚ management and leadership comes with a certain level of power. There are five main types of power in business: coercive‚ expert‚ legitimate‚ referent and reward. Many leaders use just one type of power‚ but
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IV. Arbitration Types of arbitration: 1. "ad-hoc" (occasional) arbitration 2. institutional arbitration; 3. internal and international arbitration; 4. civil and commercial arbitration; 5. arbitration "in law"; 6. arbitration"in equity". 1. Ad - hoc (or occasional) arbitration Ad-hoc arbitration is a non-institutional arbitration that the parties organize
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TYPES OF AUDITS Operational PURPOSE: To evaluate whether operating procedures are efficient and effective USERS: Management of the organization NATURE: Highly non-standard; often subjective FREQUENCY: PAs: Frequently AGs: Frequently CRA: Never Internal: Frequently Compliance PURPOSE: To determine whether the client is following specific procedures set by higher authority USERS: Authority setting down procedures‚ internal or external NATURE: Highly non-standard; often subjective FREQUENCY: PAs:
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A business contract is a legally binding agreement between two or more parties to do or not to do certain things. For example‚ a business contract could be for the sale of goods or supply of services at a certain price. There are many different types of contracts including: the sale and purchase of a business agreement; partnership agreements; leases of business premises; leases of plant and equipment; and employment agreements. The process for creating a contract generally includes information
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G34/30570/2014 …………… 7. GRACE NDINDA G34/30317/2014 …………… 8. JULIUS MURIUKI G34/30920/2014 …………… Meaning of the constitutional law A constitution is a set of fundamental principle or established precedents according to which a state or other organization is governed. The fundamental law of state containing the principles upon which the government is founded and regulating the divisions of the sovereign powers directing to what persons each of these powers
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TYPES OF MONEY: 1. Commodity Money: Whenever any commodity is used for the exchange purpose‚ the commodity becomes equivalent to the money and is called commodity money. There are certain types of commodity‚ which are used as the commodity money. Among these‚ there are several precious metals like gold‚ silver‚ copper and many more. Again‚ in many parts of the world‚ seashells (also known as cowrie shells)‚ tobacco and many other items were in use as a type of money & medium of exchange
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Types of Constitution * Written and Unwritten Most constitutions are enacted or codified‚ either in a single document or series of documents. Many countries have followed the models of the US or French constitutions. The UK constitution is considered to be unwritten‚ despite key documents such as the Human Rights Act 1998 which could be viewed as constitutional documents there is no systematic code. The only other states not to have entirely written constitutions are New Zealand and Israel
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SECTION 1 *Identification of the purpose of different types of organisation We have two main types of business organisations. Which are Profit-making organisations and Not-for-profit organisations. In the profit making organisation‚ we have the Sole traders‚ Partnerships and LLPs‚ Companies and The Franchises. While on the Not-for-profit organisation we have the Quangos‚ Voluntary‚ public sector bodies and the charities. *SOLE TRADER- This is a simple business that is easy to set up‚ and which
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Types of Property Ownership By Jack S. Waverly‚ eHow Contributor Share Tweet Share PinThere are five types of property ownership. The use of these types can depend on the state and the law where the property is located. Each type of ownership also dictates the amount of ownership and how ownership is transferred after death. It does not matter where the owner resides. Have a question? Get an answer from a lawyer now! Other People Are Reading How to Convert Joint Tenants to Tenants in
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English colonies were one of three types of colonies. The first being a joint-stock colony. In this type of colony the king of England would grant a charter to a joint-stock company that would ensure settlers the same rights as Englishmen. Joint-stock colonies were only meant to last a few years. After which‚ stockholders hoped to earn a profit. Many people were attracted with the promise of gold. The second type was a royal colony. This type of colony was directly controlled by the king. The
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