What are some risks and liabilities

Assignment Help Business Management
Reference no: EM131954885

PI operations and systems will be entirely computerized, and the PI owners want to begin the process to develop the IT systems to be in place prior to opening of the business. They have had several meetings with Teri Lang, an IT consultant whom they know from prior business dealings to be a skilled and trustworthy expert. Teri has agreed to develop and direct installation of an appropriate system for PI.

The owners want to give full authority to Teri to evaluate and purchase the best computer systems, associated hardware, and software programs for the business. The PI owners recognize Teri as the authority in this matter and want Teri to represent them as their agent in this process.

The PI owners are unfamiliar with agency agreements, and know they need to ensure that their agreement with Teri will be validly and properly written. Thus, they have asked BCA to create a contract to reflect their agreement with Teri, so that Teri can begin the process of developing an IT system immediately.

1. What are some risks and liabilities that could be associated with the agency contract between PI and Teri Lang?

Verified Expert

This task is of 250 words and this i have explained What are some risks and liabilities that could be associated with the agency contract between PI and Teri Lang , Legal capacity, Offer and acceptance consideration and legal purpose

Reference no: EM131954885

Questions Cloud

What is one share of carbon fiber stock worth today : Carbon Fiber, Inc. is expected to pay annual dividends of $4.00, $0, $5.00, and $1.00 a share over the next four years, respectively.
What is the researcher looking for when he or she conducts : What is the researcher looking for when he or she conducts a Pearson correlation? What does a correlation of 1 mean? What does a correlation of 0 mean?
At what price should the preferred stock sell : Carby Hardware has an outstanding issue of perpetual preferred stock with an annual dividend of $3.73 per share. If the required return on this preferred stock.
Examine a well known stereotype about a group you belong to : Examine a well known stereotype about a group you belonged to, such as your religion, ethnic group, profession, home town, sex, age, hair color, and so on.
What are some risks and liabilities : What are some risks and liabilities that could be associated with the agency contract between PI and Teri Lang
Growth rate could be supported with no outside financing : What is the sustainable growth rate for the company? What growth rate could be supported with no outside financing at all?
What should be the correct payment to the ATO have been : In your opinion, after investigating this BAS as a sample document as part of your audit, what should be the correct payment to the ATO have been
Discuss forecast carlsbad additional funds : Carlsbad Corporation's sales are expected to increase from $5 million in 2016 to $6 million in 2017, or by 20%. Its assets totaled $5 million.
Describe whether unions are gaining in membership : Describe whether unions are gaining or declining in membership. Has it changed over the recent past and if so, what has fueled the change.

Reviews

urv1954885

12/6/2018 1:09:13 AM

The solution exactly answers the question, "What are some risks and liabilities that could be associated with the agency contract between PI and Teri Lang?" The support and help that your teachers provide was a lovely experience. Our college lecturers do not even offer this type of assistance. I felt like I have learned more from you than from my subject teachers. The solution was crafted in a very professional manner with all the details precisely followed.

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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