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Assume an agent is given authority by the principal to sell a property. The principal only states that the agent may sell the property and the agent is given no further instructions. The agent reasonably believes that it will be necessary to perform $10,000 worth of improvements on the property in order to sell it. Therefore, the agent contracts to have these improvements made. He/she then sells the property. The principal believes that the improvements were not authorized and refuses to reimburse the agent for the expenses associated with the sale. Discuss the rights and liabilities of the principal and agent. Should the principal be forced to reimburse the agent? If the principal continues to refuse to reimburse the agent, what action may be taken by the agent? If the parties were to engage in a lawsuit, who would win? Why? If your answer depends on information not provided in the scenario, specify what further information you would need to render a firm opinion. Busines Law class.
Identify ways in which mentors and mentees can use "shadowing" as a method for tracking and assessing the ongoing changes within the company after completion of the BPM project.
Share your thoughts in 250 words on the the following statement. In your opinion, what are the three most important components that should be included when writing a mission statement? Why?
Use an IF function in cell H18 to calculate the commission rate for the total sale for order 1. The commission rate is 2% for all sales that total more than $10 and 1% for all sales that total more than $5. No commission is paid on sales that total $..
Keflavik Paper presents a good example of the dangers of excessive reliance on one screening technique (in this case, discounted cash flow). How might excessive or exclusive reliance on other screening methods discussed in this chapter lead to simila..
What is business strategy and how is it defined? When it comes to Business strategy we often use an acronym SCA as an end state to our strategy. What does SCA stand for and how do we establish it?. What are the common steps companies take when formul..
How do the principles of learn, serve, and grow relate to building relationships? What does it mean to really learn about someone, really serve them, and then actually grow with them in a business relationship?
Demonstrate why leaders should practice concepts from Robert Cole's Principles of an Empowered Workplace to empower their employees.
Other things held constant in a competitive labor market, if workers negotiate a contract in which the employer agrees to pay an hourly wage of $17.85 while the market equilibrium hour rate is $16.50, the: a)
A restaurant is faced with the challenge of communicating to its employees a significant change in service also style. Which method is LEAST effective for communicating this change.
Could the proposed benefits of the Daimler-Chrysler merger have been achieved though a strategic alliance with little or no equity changing hands?
assume that the chairman is correct and that pi= 0.70. find the expected value and the standard error of the sampling distribution.
700- to 1050-word paper that defines the similarities and differences of the purchasing strategy you will use at each stage of the Product Life Cycle of your company's specific product for a US based company
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