Provides a basic foundation of what business law is, its importance in business operations, the importance of a businesspersons understanding the law, and consequences of not knowing the law.
Subject: conduct
Transcript: REFERS TO A BODY OF RULES THAT ESTABLISHES A CERTAIN LEVEL OF SOCIAL CONDUCT. NOW THERE ARE OTHER RULES THAT DEAL WITH SOCIAL CONDUCT. RULES OF ETIQUETTE
The relationships of principals and agents are sometimes complex, and there are many factors which influence the liability of each. This lesson explains that the principal is responsible for many of the acts of the agent and discusses what a princip...
Subject: conduct
Transcript: AGENT. APPARENT AUTHORITY IS BASED ON CONDUCT OF THE PRINCIPAL. CONDUCT WHICH CAUSES A REASONABLE THIRD PARTY TO BELIEVE THAT A PARTICULAR PERSON IS
We explore various legal and ethical guidelines for salespeople and the rights and wrongs of selling.
Subject: conduct