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1. What doctrine of estoppel as applied to an agency relationship? Give an example of when a principal would be estopped from fulfilling the terms of a contract where the agent authorized the contract.
2. What is an agent’s emergency powers? Give an example of when an agent can act without express or implied authority in an emergency situation.
3. What is ratification of a principal of an agent’s act and what are the 5 requirements of a principal in order to ratify the act of the agent. Give an example where the principal has ratified the agent’s agreement with a third party.
4. When an agent has Express or Implied authority to perform an act, who is bound by the terms of the contract? (I.e. principal, agent, both?)
5. When an agent has apparent authority to act who is bound by the contract?
6. When an agent enters into an unauthorized act, when and under what circumstances is the principle and third party bound by the terms of the contract?
A potential client comes into your office and wants to know about Sole Proprietorships and Partnerships.
What measurement guidelines is each company using to verify its strategic effectiveness? How effective are the measurement guidelines that each company is using?
Explain the role of ethics and social responsibility in developing a strategic plan, considering stakeholder needs and business or industry environment.
how much should be ordered each time to minimize total cost?
Everyone has had an opportunity to observe the evolution of the "view at home" movie industry. Discuss your views on what has happened in that industry from a life-cycle standpoint.
What is the probability that the operator is busy?
Calculate the schedule variance, schedule performance index, and cost performance index for the project to date.
The Parthenon represents. Hellenistic art. A direct democracy is one in which. The Pantheon was.
Explain the force of “the threat of substitute products or services in the industry” and how it defines when an industry is attractive.
Royal Hotel Inc. verbally orders 100 sets of sheets and pillowcases, each to be embroidered with the chain’s coronet logo, for $1,000, from Textile Inc. Textile starts on the order and has completed 45 sets when Royal calls back and cancels the order..
How easy would it be to imitate this strategy? Is the strategy sustainable? Should Southwest become an international airline?
Discuss the market conditions when a low-cost provider strategy becomes increasingly attractive for a company to use. What are the common missteps to be avoided in pursuing a differentiation strategy?
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