Briefly explain the requirement for express and implied

Assignment Help Business Management
Reference no: EM133729995

Discussion Post: Business Ways a Principal Relationship Can Be Created

Answer the following essay questions regarding agency creation (Ch. 29) and principal/agent liability (Ch. 30).

Question I

There are four ways a principal/agent relationship is created that are described in Chapter 29 of your textbook. They are:

• express
• implied
• by ratification
• apparent agency

Briefly explain the requirement for each of the four in your own words.

Question II

Read the case Eco-Clean Inc. v Brown (p. 493-4 in your textbook), a case in which the court decided an agency relationship did exist. by going through each of the four ways an agency relationship is created, explain which of the four you think is the way the agency relationship between the driver of the University began to exist. Be sure to discuss all four ways in your answer.

Reference no: EM133729995

Questions Cloud

How would you motivate them to pursue the vision : How would you motivate them to pursue the vision you outline, not because you order them to do so, but because they want to do so enthusiastically on their own
Describe corporate social responsibility strategy undertaken : Describe strategies or action undertaken by your company that could be considered. Describe corporate social responsibility strategy undertaken by your company.
Creating a new strategic planning proposal : MBA 540 Southern New Hampshire University - creating a new strategic planning proposal to help the company explore at least one new growth opportunity
Seeking the justice system to punish the killers : Many people around the world wanted justice for little Jeffery and were seeking the Justice System to punish the killers to the highest extent
Briefly explain the requirement for express and implied : Briefly explain the requirement for express, implied, by ratification and apparent agency. Be sure to discuss all four ways in your answer.
Determine the legislative intent of the bill you have review : Determine the legislative intent of the bill you have reviewed. Identify the proponents/opponents of the bill. Identify the target populations addressed
Discuss the type of organizational structure : Discuss the type of organizational structure that will be most effective in the new location including the manufacturing facility
Explain whether these advantages are likely to endure : What do you think are Tesla's core competencies? Identify the strengths that contributed to its success. Explain whether these advantages are likely to endure.
What part of the history we will be studying : What part of the history we will be studying this semester do you want to know more about? Why? Explain what it is about that part of history that interests

Reviews

Write a Review

Business Management Questions & Answers

  Treatment of employer-provided benefits

Describe the tax treatment of employer-provided benefits.

  Which activities operations are required to meet the task

Which activities/operations are required to meet the task objectives? Which resources are required to accomplish the activity within the partnership?

  Trouble with internships

Trouble with Internships

  The information flow and any elements controlling proper

A diagram of the information flow and any elements controlling proper access to the information it uses

  Why change programs often fail

Make a short essay which explaining what a 'Change Management' is and why change programs often fail and therefore, suggest which ways to manage them successful

  Describe strategic framework in the corporate sense

Describe Strategic Framework in the corporate sense and its possible relation with portfolio management

  Complaint letter about my hollister t-shirt

Make sure to address my complaint letter clearly and be specific with my complaint.

  Quantitative strategic planning matrix

What are Space Matrix, Grand Matrix, and Quantitative Strategic Planning Matrix and their role in developing Netflix?

  Reduce the level of stress both within the organization

Can someone help me assess the impact that stress can have on an organization's workplace and, importantly, propose 2 strategies that human resources

  Calculate the price at which you bought the bond

i) Calculate the price at which you bought the bond and the price at which you sell it if you sold it now

  Approach of country government

COVID 19 will be seen as the great watershed redefining life as we know it. Economic, Political and Social policies and practices in the pre-COVID 19 era may no

  Literature Review Assignment

Explanation of general and specific academic areas in which the problem is situated and the general significance and impact of the problem on business operation

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd