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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.
(From Using Reports and Proposals to Communicate Module)What does MELT do during conference calls; Why is this effective and proactive; How does MELT measure success or failure daily; How is that information used and interpreted?
Reconsider Prob. 8.2-23. Now suppose that trucks (and their drivers) need to be hired to do the hauling, where each truck can only be used to haul gravel from a single pit to a single site.
The goal of distribution strategy is to: And Rick is a salesperson for a local company. He has just finished presenting his sales message to a customer. The immediate next step in the selling process is to
2. What is linear programming? How can linear programming be used to solve an aggregate planning problem? Present a mathematical model (different from discussed in the chapter), solution of the model is not required.
A new company has non-current assets of $460,000 which will be depreciated to nil on a straight line basis over 10 years. Net current assets will consistently be $75,000, and annual profit will consistently be $30,000. ROI is measured as return on..
I work at a water company in my country and now my company has a project that is the construction of a smart water meters factory. The factory will be managed.
Provide a brief description of the company that you have selected and the product or service that you are analyzing - Discuss what quality means for this product and Explain what elements of a quality culture are lacking (and needed) by the organiza..
Describe the challenges of the recommended culture.
Define protected health information and when it can be disclosed.
Present the Mission of your business, e.g. fundamental reason for being; and a Vision statement, what you hope your business will become.
Write a 500-800 word paper using APA formatting in an MS Word file that addresses the following assignment requirements. Using Exhibit 3-5, "Americans at a Glance" as your guide, develop a cultural profile of yourself based on the eight (8) criteri..
Gather some evidence from a company about its experience of using employee opinion surveys or suggestion schemes. What are their purposes?
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