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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theories which propose reasons why demand for audits might exist without regulatory mandate: 1. Agency theory (The focus of the agency demand for auditing is more related to the stewardship role of accounting- which is more an examination of what has happened.) The separation of ownership and control of organizations has resulted in an information asymmetry problem for the owners of the organization- -agency problem. The owners entrust managers to run the company so they could control the business
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THE CURRENT EXTERNAL INDUSTRY ENVIRONMENT FOR TRAVEL AGENCY BUSINESS IN NEW ZEALAND Executive summary This report provides an analysis of the current external industry environment for travel agency businesses in New Zealand. The research outlines the important factors for the business environment in terms of P.E.S.T and Porter’s 5 Forces. Under these two types of analyses‚ P.E.S.T analysis points out that Profitability and Marketing are the two key findings in Economic Factors while Information Communication
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Task 1 Assignment 2.1 Evidence for P1 Scenario Some of my group went on a trip to a different country and missed a unit which covers the travel and tourism business environment. I will be giving them a short description for the following aspects of the business environment. These are the factors which I will be writing about: Public sector Private sector Geographical sector Importance to UK and international economy Public sector Public sectors are run by the government. The government
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services that highlights intervention and prevention includes 24 hour emergency assistance (intervention hotlines)‚ free legal services (with protection orders‚ as well as other criminal and civil law)‚ immigration and safety planning‚ parenting plans‚ emergency shelter‚ transitional housing‚ case management‚ therapeutic services‚ advocacy‚ support groups‚ food‚ clothing and diapers‚ transportation‚ teen dating violence prevention‚ full interpretive services and more. There is such a great concern
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Research Plan As part of your research plan‚ you must first draft a research question for your research paper that will guide the rest of your writing. A research question‚ which is more specific and focused than a general topic‚ is the question that your research paper will be answering. For example‚ if your general area of interest is social security‚ a possible research question might ask‚ “How can low-income families save more money if the United States had a reformed social security plan that
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Chapter 1 of your textbook includes‚ on page 9‚ Table 1.1‚ “Managing Change: Some Lessons from the Four Stories.” Review the four “lessons” (bullet points) on the table‚ and think about what some of the key “learning points” you gleaned about change from these stories. Then‚ do one of two things:1. Post the top three learning points you gleaned from the stories‚ and include how the stories for change helped you learn these points‚ or2. Research one of the four companies and see how or if that company
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Homework Assignment: Week 1 Mini-Case a. Why is corporate finance important to all managers? Corporate finance is important to all managers because you need to be aware of the tools needed to evaluate the firm’s value and be able to accurately make decisions to maximize wealth. b. Describe the organizational forms a company might have as it evolves from a start-up to a major corporation. List the advantages and disadvantages of each form. A business may start as a sole proprietorship‚ or
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This paperwork comprises ESE 697 Week 1 Assignment Lesson Plan 1 Reading Comprehension Business - General Business Lesson Plan #1: Reading Comprehension . As you have learned in this first week of class‚ it is essential to understand how to plan for effective instruction for students with disabilities. In the classroom‚ it is important for all lesson plans to not only integrate effective strategies for instruction and accommodations for students with disabilities‚ but to also align with the
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From the e-Activity‚ evaluate at least two companies’ financial statements that have received a negative rating from one of the financial rating agencies. Determine which financial ratios most likely impacted the rating decision. Compare and contrast at least two financial ratios that support the rating agency’s claims. Speculate on how the ratios are likely to change considering the economic environment in which it operates. Support your position. The two companies that I choose for this discussion
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