CORPORATIONS LAW ASSIGNMENT 1 THE LEGAL CONCEPT OF AGENCY Part A INTRODUCTION The legal concept of agency plays an essential role under commercial transactions. This essay will first explain the definition of agency and methods of creating agency relationship‚ then the benefits and drawbacks of agency will be illustrated. Finally‚ there are two examples presenting formal and informal agency relationship. THE LEGAL CONCEPT OF AGENCY An agency refers to a legal relationship between agent and
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The incorporation of a company is an artificial person which exists as a separate legal personality. This separate personality means that the company is separate and distinct from its participants. The company needs to be treated like “any other independent person” with rights and liabilities‚ even if it is owned and managed by one man. It is capable of holding its own property and may sue or being sued in its own name. The company has perpetual succession which implies that it is able to carry on
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Compare-Contrast Just and Legal The two words just and legal have been used interchangeably in today’s society and we have forgotten the extreme amount of separation between the two words’ meanings. I am going to reflect on the different meanings of what is just verses what is legal and why it is dangerous to define them as one and the same. Many similarities can be made between the two words’ meanings stemming from the fact that both pertain to the justice system and to the upholding of morality
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THE CASE VOLKSWAGEN BRANDING U -TURN This case study is about Volkswagen which was formed in 1937‚ was the fifth largest automaker in the world.V.W because of its creative and effective marketing campaigns became the most popular name among the household on America during 1960.Their economy car brand BEETLE became a cult-favorite among the people of America and soon became the top selling brand in history with over 22 million units were sold. During 1970 VW faced a very strong competition from Japanese
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theme is replayed over and over again. James is known for making his narrator seem unreliable throughout the novels‚ making the reader start to question what is true about the novel and what is not. This is shown all throughout James’ classic‚ The Turn of the Screw. In this novel‚ the main character‚ the governess‚ in counts numerous ghost sightings at her new job at the Bly. She starts to become spectacle that the children who she is caring for are starting to plan against her to get rid of her
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NAME:- SHAYAAN SAROSH KHATIB STUDENT ID:- 640004156 CANDIDATE NUMBER:- 005621 MODULE:- INTERNATIONAL HUMAN RESOURCES MANAGEMENT (BEMM059) INTRODUCTION This case tells us about Stanley Wong‚ division manager for Erie Performance Polymers and general manger of Wuhan Erie Polymers joint venture who had received an approval for his transfer request to Gary‚ Indiana‚ USA‚ headquarters of Erie. He was given the task of recommending to the board‚ from a list of six candidates‚ a
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The problem This paper discusses the legal and ethical implications in conjunction with performing surgery on disabled people for social reasons. Ethical Katie is immaturity and she has the right like other non-disabled girls to live with her body in tact and she has the same choice to give birth to her own baby. According to the Family Court in Australia and Family Law Act 1975‚ no person under 18 should have hysterectomy unless the procedures are necessary to prevent serious physical and psychological
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Over the course of completing the simulation‚ which was designed to address international legal and ethical issues for a company‚ there were a number of things that can be taken for granted within the United States but is though upon differently in other countries. It was interesting to note that there are distinct issues that must be addressed in resolving legal disputes‚ especially in international transactions. One issue is that there needs to be a clause‚ written within the contract‚ which
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Marijuana should be Legal Medical scientists and doctors in some countries have discovered that marijuana‚ an illegal drug and cannot be purchased even with a doctor’s prescription at a pharmacy. According to a national household survey (Rosenthal 2004) more than 800‚000 marijuana users are arrested each year. However‚ propositions to legalize the plant have risen and been subject to controversy and heated debate as marijuana has the potential to solve many problems if it were to be legalized
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Should Abortion Be Legal? Zelda P. Brown PHI103 Informal Logic Prof Angela Lohr July 28‚ 2013 There are two unforeseen circumstances that may cause a woman a great deal of mental pain. As a result of rape or incest a woman who has become pregnant should have a choice on whether she wants to keep the child‚ place for adoption or terminate the pregnancy through an abortion. If a decision is made then abortion should be her choice not the law. The Democratic Party strongly and unequivocally
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