third-party logistics provider (abbreviated 3PL‚ or sometimes TPL) is a firm that provides service to its customers of outsourced (or "third party") logistics services for part‚ or all of their supply chain management functions. Third party logistics providers typically specialize in integrated operation‚ warehousing and transportation services that can be scaled and customized to customers’ needs based on market conditions and the demands and delivery service requirements for their products and
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an Agency Contract may be established. Agency According to Nicole Busby‚ an agency is a contractual relationships that entitles one party to act on behalf‚ or in favour of‚ the other party in contractual arrangements with a third party. In this regardthese circumstances‚ the former is known as an “agent” and the entity on whose behalf the agent performs is called a “principal”. Generally‚ the agency relationships arises in commercial transactions‚ partnership and employment. The term “agency” in
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Benefits of Third Party Recruitment Kainat Siddiqui (M.Com‚ M.B.A) Asst. Professor KIPM- College of Management GIDA‚ Gorakhpur Abstract A third party recruiter or an employment agency acts as an independent contact between its client companies and the candidates it recruits for a position. These firms or individuals
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of day when work-week begins. 2. Regular hourly rate of pay. 3. Basis of wage payments 4. Hours worked each day 5. Hours worked each week. 6. Daily or weekly straight -time pay. 7. Amount & nature of exempt pay 8. Weekly overtime pay g. Amount & nature of exempt pay h. Weekly overtime pay 9. Total additions to or deductions from wages 10. Total remuneration for payroll period. 11. Date of payment 12. Payroll period 3.Who pays the Social Security taxes levied by the Federal Insurance
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Introduction Accountants’ Liability to the Client and Third-Party A) Breach of Contract B) Ordinary Negligence (Accountant Malpractice) C) Fraud a. Constructive Fraud (Gross Negligence) b. Actual Fraud Accountants’ Liability under Common Law for Third-Party A) The Near-Privity Doctrine B) The Restatement Doctrine C) The Foreseeability Doctrine D) The Balancing-Factors Doctrine Accountants’ Liability under Statutory Law Third-Party A) Securities Act of 1933 B) Securities Exchange Act of 1934
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Relation of Partners with Third Parties A. Implied Authority of the Partners B. Partners are agents for each other C. Liability of Partners D. Doctrine of Holding Out Essentials of Implied Authority of the partners: Implied authority refers to those powers of a partner which are not expressly given to him or are not written down in a partnership agreement. An act of the partner to come within the preview of implied authority must fulfill the following conditions:- (1) The act must be
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of third party liability as foreseen’ in Federal Supreme Court (sixth civil senate) 1 regarding the case of a German branch of a bank provided wrong information to its potential investors and because of that one of the potential investors suffered a big loss and later sued the bank. But in November 1983 in Federal Supreme Court (fourth civil senate)2‚ death negligence in reporting in a case where buyer of a properly sued the valuer because of the wrong valuation. Court stated that if third party
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TATIANA MOLODCHIKOVA S42724155 ACCT 7103 TOPIC 1 (THIRD PARTY LIABILITY) WORD COUNT 3000 The liability of auditors to third parties has been the subject of much litigation. Litigation claims against accountancy firms have increased dramatically in the last thirty years. Previously‚ such cases were rare and were viewed with great interest. Nowadays‚ whereas still treated with great interest they are becoming all kind
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3. What problem was the Contract (Rights of Third Parties) Act 1999 intended to solve‚ and has it succeeded? Before we can delve into the question of the Contract Right of Third Parties Act 1999 we must first discuss the ideology of Privity in contract law. This is something that has been prevalent for many years and is a highly controversial doctrine. In this essay I shall discuss the changes bought forward by the Act‚ define the doctrine and delve into the extent of the success of the Act
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PSYCHOLOGICAL CONTRACT AND EMPLOYMENT RELATIONSHIP Harold Andrew Patrick Coordinator OB and HRM‚ Institute of Management‚ Christ University‚ Bangalore haroldpatrick@christuniversity.in Abstract Psychological contract refers to mutual unwritten expectations that exist between an employee and his/her employer regarding polices and practices in their organization. Psychological contract influences the job attitudes and performance of employees. This study is aims at developing a deeper understanding
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