Explain how the principle of estoppel can be important in an agency relationship.

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Legal Fundamentals for Canadian Business

ISBN: 978-0133370287

4th edition

Authors: Richard A. Yates

See More Books

Question Posted: Feb 20, 2019 06:40 AM

See More Questions

Explain how the principle of separation of duties is violated in each of the following situations. Also, suggest one or more procedures to reduce the risk and exposure highlighted in each example. a....
Discuss the principle of estoppel and provide examples of how this principle is applied in various situations.
Multiple Choice Questions: 1. The fraud theory approach to fraud investigations does which of these? a. Posits a hypothesis, tests the hypotheses against legal norms, and then accepts, modifies, or...
Like Death Valley, the Dead Sea is a place where you can walk on dry land below sea level, and an apparently unmotivated hole in the ground along a strike-slip fault. How do you think it formed?
Grace Jones, the bookkeeper for Tenn Valley Company, asks for your help in identifying whether the following transactions should be reported on the corporation's statement of cash flows. Prepare a...
Solve each equation. |x| = 12
A dragster's position as a function of time is given by $x(t)=b t^{3 / 2}$, where $b=30.2 \mathrm{~m} / \mathrm{s}^{3 / 2}$. Calculate the $x$ component of its velocity at $1.0 \mathrm{~s}$...
Bailey Corp. just completed the most profitable year in its 25-year history. Reported earnings of $1,020,000 on sales of $8,000,000 resulted in a very healthy profit margin of 12.75%. Each year...
Describe the importance of meaningful critical reflection to evaluate your strategies and monitor Vincent's progress in the service. How can you maintain ongoing consultation and communication with...
Allie has bought a new apple orchard. The orchard has a single file of trees, numbered from 1 to N. Each tree has a certail number of ripe apples. Allie has a rule she wants to follow. She wants to...
Joe was a salesman, newly hired by Radio Hut, and on his first day on the job, he was left in charge of the store while the manager and the other salesmen went to lunch. They specifically told him...
Eastside Nurseries Ltd., which had long been a family business, was faced with a demand by its workers that it recognize their new organization, a union, for the purposes of collective bargaining....
You've been asked to write a letter of recommendation for an employee who worked for you some years ago. You recall that the employee did an admirable job, but you can't remember any specific...
Assume that a Stack is implemented in a class named "StackArray" with an integer array that has 100 elements. What will be the output after the given code is executed? int[] values = { 2, 4, 6, 8,...
In QPSK ( ( Quadrature Phase Shift Keying ) , ) , how many bits are represented by each symbol? A . 1 . 1 B . 2 . 2 C . 4 . 4 D . 8 . 8
A sound pulse emitted underwater reflects off a school of fish and is detected at the same place 0.063 s later . How far away are the fish. (speed of sound in water is 1440 m/s)?
A cardiac defibrillator, stores energy in a large capacitor connected to its paddles. This energy is delivered to the heart by discharging the capacitor through the chest wall of the patient. If the...
In the circuit shown, the capacitor C4 is unknown, and all the capacitors are initially discharged. The capacity of the equivalent capacitor between the two points A and B is: Ceq 12 F. = A C6 =18 F...
The budget for Department 10 of Treble Company for the current month ending March 31 is as follows: Materials..........................................$208,000 Factory...
(8%) Problem 6: A student attaches a f= 3.5 kHz oscillator to one end of a metal rail of length L = 25 m. The student turns on the oscillator and uses a piezoelectric gauge at the other end to...
Your client, Ecru Limited, uses a small sales force to solicit sales of its whole sale restaurant supplies. Ecru is based in State W, and the sales representatives are assigned territories in States...
Your client, Royal Corporation, generates significant interest income from its working capital liquid investments. Write a memo for the tax research file, discussing the planning opportunities...
As the director of the multistate tax planning department of a consulting firm, you are developing a brochure to highlight the services it can provide. Part of the brochure is a list of five or so...
In Country A, the population mean height for 3-year-old boys is 39 inches Suppose a random sample of 15 3-year-old boys from Country B showed a sample mean of 38.6 inches with a standard deviation of...
what ways does cultural diversity serve as a catalyst for creativity, innovation, and cross-cultural fertilization, enriching intellectual discourse, fostering intercultural dialogue, and challenging...
How can participatory approaches to cultural policymaking, grassroots cultural initiatives, and community-based cultural development projects empower marginalized cultural groups, amplify their...

Explain how the principle of estoppel can be important in an agency relationship.

Question:

Step by Step Answer:

The authority of the agent to bind the principal ...View the full answer

Legal Fundamentals for Canadian Business

Students also viewed these Business questions