A review of the effect that globalization has had on agency law.
Written in 2006; 830 words; 3 sources; MLA; $ 29.95
Paper Summary:
This paper takes a look at how the advent of e-business has caused many businesses to re-examine many legal issues regarding international trade, particularly in the area of dispute resolution. This paper briefly examines how e-business and the global economy have changed the way many think about agency law.
Outline:
Applications of Agency Law in the Business Environment
Types of Business Entities
E-business and the Global Legal Environment
From the Paper:
"Agency law represents a specific set of concepts and doctrines that are applicable to a number of situations in which a person's conduct can have ramifications for the legal position of an entity (Demott, 2006). The actions of a single employee can have an impact on agency liability. Agency law defines the circumstances under which a relationship can be classified as an agency relationship, rather than as the actions of individuals. This can arise from the creation of rights and obligations regarding a transaction, the agent's knowledge of the action, and amount of liability that the agency derives from the acts of the individual. "
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