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Question: Agent's Duties to Principal. In July 2001, John Warren viewed a condominium in Woodland Hills, California, as a potential buyer. Hildegard Merrill was the agent for the seller. Because Warren's credit rating was poor, Merrill told him he needed a co-borrower to obtain a mortgage at a reasonable rate. Merrill said that her daughter Charmaine would "go on title" until the loan and sale were complete if Warren would pay her $10,000. Merrill also offered to defer her commission on the sale as a loan to Warren so that he could make a 20 percent down payment on the property. He agreed to both plans. Merrill applied for and secured the mortgage in Charmaine's name alone by misrepresenting her daughter's address, business, and income. To close the sale, Merrill had Warren remove his name from the title to the property. In October, Warren moved into the condominium, repaid Merrill the amount of her deferred commission, and began paying the mortgage. Within a few months, Merrill had Warren evicted. Warren filed a suit in a California state court against Merrill and Charmaine. Who among these parties was in an agency relationship? What is the basic duty that an agent owes a principal? Was the duty breached here? Explain.
Using the healthcare press, governmental sources, the business press (mostly archives of the WSJ, Business Week, Fortune, Forbes, etc.)
Why do you think the cousins get along better than their fathers do? - How might this conflict over the future leadership of the firm be resolved?
Imagine that you are a member of the HR department of a small retail company and upper management has asked you to create a new employee customer service training class for all new employees.
Identify the main function of the meeting.- Describe the communication process and distinguish between its formality and informality.
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Gather information on the cultural problems you would face in opening a business in each country and selling your machinery (see following situation). Use the Inter- net to facilitate your research. Also, you are encouraged to interview foreign stu- ..
(a) Would the optimal solution in Table 8.23 remain optimal if the cost per acre foot of shipping Calorie River water to San Go were actually $200 rather than $230?
Another student asked this same homework assignment previously on this site and I cannot use any of the material (powerpoint slides) that a tutor helped her with. I need something orginal and that has not been turned into any other colleges since ..
Digital photography is widely recognized as a typical example of a disruptive technology. What aspects of the evolution of digital photography made it disruptive for film photography? Discuss two reasons why incumbent firm using established technolog..
Discuss the importance of HRM in the contemporary business environment with special reference to India.
What does this mean by discuss how each company sets its mission statement?
BRIC Country Assessment Analysis
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