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In commercial law, a principal is a person, legal or natural, who authorizes an agent to act to create one or more legal relationships with a third party.This branch of law is called agency and relies on the common law proposition qui facit per alium, facit per se (from Latin: "he who acts through another, acts personally").
The Oz Principle defines accountability as “a personal choice to rise above one’s circumstances and demonstrate the ownership necessary for achieving desired results to See It, Own It, Solve It, and Do It.” [4] [5] The book is organized around the Steps To Accountability model, which shows how to create both individual and organization ...
The cover of The Peter Principle (1970 Pan Books edition). The Peter principle is a concept in management developed by Laurence J. Peter which observes that people in a hierarchy tend to rise to "a level of respective incompetence": employees are promoted based on their success in previous jobs until they reach a level at which they are no longer competent, as skills in one job do not ...
The acts of the company as principal must constitute a representation (express or by conduct) that the agent had a particular authority and must be reasonably understood so by the third party. In determining whether the principal had represented his agent as having such authority, the court has to consider the totality of the company's conduct. [7]
The articles of association (often referred to as just ‘articles’) is the document which sets out the rules for the running of the company's internal affairs. The company's articles are delivered to the Registrar at incorporation. In the event that no articles are registered for the new company, the model (default) articles will be registered.
Being the principal From training teachers to having heart-to-heart talks with troubled students, principals are the people who keep schools running smoothly on a daily basis. How To Become A ...
These guidelines both define the powers of the office and grant it considerable scope for action. One of the most vital roles played by the secretary-general is the use of his "good offices", steps taken publicly and in private, drawing upon his independence, impartiality and integrity, to prevent international disputes from arising, escalating ...
Principal's culture of moving people throughout the organization was one the elements that made company attractive to her, she said. "If you talk me through my career, I don’t spend a lot of ...