Question

In: Operations Management

Explain the meaning of a dual agency 2. Define the law of agency 3. How can...

Explain the meaning of a dual agency
2. Define the law of agency
3. How can real property become personal property
4. What are trade fixtures
5. Explain the meaning of a power of attorney
6. What are the arguments for Corporate Social Responsibility (CSR)
7. What are the arguments against CSR
8. Are whistleblowers heroes or disloyal employees?
9. Why are philanthropic responsibilities important to the firm
10. What are the existing statutory legal responsibilities of directors with respect to CSR activities

Solutions

Expert Solution

1. Dual agency: when a real estate agent or mediator works with the buyer and the seller st the same time on the same transaction simultaneously. ... If both the buyer and seller agree that the same real estate agent can represent both parties, the realtor becomes a dual agent in the transaction.

2.Law of agency :

An agent is employed to act for another or represent another in dealing with third persons. The person for whom such action is done or who is so represented is called the principal.

3. When a real property that island and any immovable property becomes a movable property subject to ownership, except land is called personal property

4.trade fixtures: Trade fixtures down own movable property that a rental person attaches to leased land for business reasons, such as a display counter.

5. Power of attorney: A person gets the right to act as the representative in a business or financial matters, a document that gives somebody this right.

6.

A. Moral Justification. ...

B. Creating a Better Public Image. ...

C. Avoidance of Government Regulations. ...

D. Maintenance of Society. ...

7. Their shareholders own businesses - money spent on CSR by managers is theft of the owners' rightful property. Moreover, the companies those who do more CSR tries to hide their dark side and their illegal activities by doing so.

8Whistleblower: a person who informs on someone engaged in illegal activities is a hero as he tries to safeguard the company from illicit activities.

9. The goal of philanthropy is to improve the wellness of humankind by preventing and solving ethical problems. Generosity is not like charity. The charity look for eliminating the suffering caused by social issues, while philanthropy focuses on reducing social problems

10. Legal responsibilities of director concerning CSR activities: a) Director is responsible for the CSR strategies' approval, plans


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