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Purporting to act as agent constitutes a representation of authority, unless the third party knew or ought to have known of the lack of authority. (Halbot v Lens (1901) 1 Ch 344) Even if an agent who lacks authority genuinely and reasonably believes he ahs it, when he ahs not, he may be liable to the third party.

Home — Essay Samples — Business — Change Management — Nurses as a Change Agent This essay has been submitted by a student. This is not an example of the work written by professional essay writers.

Essay Sample: 1. INTRODUCTION Agency is a fiduciary relationship created by express or implied contract or by law, in which one party (the agent) may act on behalf of.

THE DUTIES OF THE AGENTS TO PRINCIPAL The duties of an agent depend primarily on the contract of agency if there is one.Subject to any such express terms, the agent owes a number of implied duties or obligations to his principal.It is the agency relationship as such that gives rise to these obligations so that, as a general rule, they fall as much on the gratuitous agent as on the paid agent.

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Also, this essay will critically examine what principal-agent problems that take place in organizations and how the problems can be overcome. Principal-agent problem such as the asymmetry of information, moral hazard, adverse selection, employer and the employee, and.

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Work with Jon Essary in Dallas, TX to get a small business insurance quote and choose what products are right for you. 1. Please refer to your actual policy for a complete list of covered property and covered losses. Call or email an agent for a small business insurance quote.

Consult lists of ideas to get your brain thinking about the possibilities of your essay. Remember that a personal essay is autobiographical, so do not write about anything untrue. Try writing a stream of consciousness.To do this, start writing whatever is on your mind and don't stop or leave anything out.