What is the rationale in allowing express oral agencies

Assignment Help Business Management
Reference no: EM1348854

Express authority

Explain what is the rationale in allowing express oral agencies (i.e., no prior written contract) to bind principals by the promises or acts of an agent to a third party? Why isn't it just a requirement that all types of agency be in writing?

Reference no: EM1348854

Questions Cloud

Evaluate the appropriate authority and control structure : What factors evaluate the appropriate authority and control structure - a research and development laboratory
Find the last price at stock traded : Machines stock was found in the Thursday, December 14, issue of the Wall Street Journal. AdvBusMach ABM 81.75 1.63 Given this data, answer the questions:
Explain sorting algorithm which is optimal in cost : Explain a sorting algorithm which is optimal with respect to this cost model and uses O(n) space. That is, time used by algorithm should exactly match lower bound
Master of science in psychology : Master of Science in Psychology with a concentration in Industrial Organizational Psychology.
What is the rationale in allowing express oral agencies : Express authority - Explain what is the rationale in allowing express oral agencies (i.e., no prior written contract) to bind principals
How fast must a centrifuge rotate : A 4.25 bullet traveling horizontally with a velocity of magnitude 375 is fired into a wooden block with mass 1.10 , initially at rest on a level frictionless surface. The bullet passes by the block and emerges with its speed reduced to 110 .
Compute the average number of customers in line : Compute the average number of customers in line for both scenarios and What benefit is available by adding the second service line
Audit standards for both public and nonpublic entities : What role should an audit committee play in determining which standards an audit firm will use in auditing their company? Explain.
Illustrate what are the types of business organization : Illustrate what are the types of business organization/ company forms, and their pros and cons (advantages and disadvantages) from an economist point of view.

Reviews

Write a Review

Business Management Questions & Answers

  The internet into overall strategy

While a new way of conducting business has become available, the basics of competition remain the same.

  Difference between a static budget and a flexible budget

Expalin what is the difference between a static budget and a flexible budget and how does management use these budgets to gain insight into performance?

  A conflict between being the primary portal in the usa

Is there a conflict between being the primary portal in the USA and selling data?

  Explain the processes used in the walmart organization

Explain the processes used in the Walmart organization in compliance with SEC regulations.

  Marketing in new regions

Suppose you were recently promoted to Director of Marketing for existing product sold domestically that will now be sold in multiple countries in new geographical region.

  Ip rights that are owned by organization

Identify the IP rights that are owned by an organization you currently or formerly have worked at.

  Ethical duties or obligations of the employees

Ethical duties or obligations of the employees

  Explain about leadership failure

What do you think about leadership failure and Include definition, causes, consequences and lessons learned.

  Maximize shareholder wealth

Explain and discuss  it is the goal of the firm to maximize shareholder wealth?

  Question based on trade-off theory

Real estate purchases are often financed with at least 80% debt and most corporations however have less than 50% debt financing.

  Defining poor performance problems

Write the advantages and disadvantages of defining poor performance problems exclusively with quantitative data?

  Stumbling blocks and affirmative action

Give a brief synopsis of a time you made a business decision that did not have the favorable outcome. Select one of stumbling blocks discussed and relate it to your scenario.

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