Employment at Will When we are dealing with the employment relationship between employers and employees‚ ethical issues are most likely to emerge. Especially‚ if a manager fires a worker without a proper reason‚ critics will follow this employer’s behavior. In Patricia Werhane’s paper‚ “Employment at Will and Due Process”‚ discusses two doctrines which are Employment at Will (EAW) and Due Process. It also addresses some justifications and objections for EAW‚ and shows Werhane’s supportive view
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This case comes under Law of Agency. Agency Law is concerned with any “principal‚ agent and third party” relationship; a relationship in which one person has legal authority to act for another. Agency involves three parties : • Principal – Mr. Smithfield • Agent – U.K. Rail • Third Party – Pig resort/Care Centre Agency relationship may arise in five ways and one them which arise in this case is “Agency Of Necessity” and the requirements are : • Genuine necessity – there was a delay in delivering
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Refer notes - creation of agency ] 2. [ Refer notes - Duties of Agent to Principal ] 3. [ Refer notes - Duties of Principal to his Agent ] 4. 4 remedies available: Principal may repudiate the contract - Section 168 Contracts Act‚ 1950 Principal may recover the bribe from agent - Section 169 Contracts Act‚ 1950 Principal may refuse to pay commission to Agent Principal may dismiss agent for breach of duty 5. [ Refer notes - Termination of Agency ] 6. (a) 3 conditions:
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Employment at Will Angeline Berleus Hodges University MNA 4400 Professor Ron Harbour Date Due: April 4‚ 2012 Date Submitted: April 4‚ 2012 Abstract This student has discussed the advantages the employment at will clause has on employees. However‚ this student believes there have been very little research has been done on the impact of Employment at will clause has had on employers. The question here is how does at will clause impact both employees and employers? This paper will review several
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questions. 1. What is an Agency? Agency is a fiduciary relationship “which results from the manifestation of consent by one person to another that the other shall act in his behalf and subject to his control‚ and consent by the other so to act”. A party who employs another person to act in his behalf and subject is called a Principal. A party who agrees to act on behalf of another is called an Agent. Agency is governed by a large body of common law known as agency law. Eg: A real estate broker
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Answer 1. At-will employment is a doctrine of American law that defines an employment relationship in which either party can break the relationship with no liability‚ provided there was no express contract for a definite term governing the employment relationship and that the employer does not belong to a collective bargaining group. Employment‚ according to doctrine‚ is an “at-will’ relation that comes into existence when two parties willingly enter into an agreement and the relation continues to
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The Effectiveness of Pro-market Reforms‚ Ownership Structure and The Institutional framework at Addressing the Agency Problem and how Different Types of Firms in Transition Economies are affected by these measures. As economies grow‚ in order for businesses to retain market shares‚ they can no longer rely on organic growth‚ many seek external finance either through initial public offerings or through banks‚ mutual funds and insurance companies. Although there are many side benefits of pursuing
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Employment-at-Will Exceptions Paper University of Phoenix HRM 546 November 1‚ 2011 Introduction
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* Objectives of the studies * Methodology * Significance of the studies * Scope of the study * Chapterisation Chapter.2 Review of Travel Agency * Product of a Travel Agency * Activities of a Travel Agency * Department of a Travel Agency * Principles of a Travel Agency * Right and Duties of a Travel Agency Chapter.3 Profile of Madura Travels * Profile * History * Organization chart * Computer and Reservation system * International sector
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INTRODUCTION An agency in general‚ is the relationship between two parties‚ where one is a principal and the other is an agent who represents the principal in transaction with a third party. Agency relationship occur when the principal hire the agent to perform a service on the principal behalf. In common‚ principal will delegate decision making authority to the agent. Agency Theory is concerned with resolving problems that may exist in agency relationship; that is‚ between principals (such as
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