Asked by Brittany Moncrief on Jun 22, 2024
Verified
If a manager has business transactions in one of the European Union countries and wants to terminate an agency relationship,he or she would want to have knowledge of which of the following?
A) Chapter IV of the Agency Relationship Law
B) Chapter VII of the Employment Relationship Law
C) Article VI of the European Union Regulations
D) Article VII of the European Union Regulations
E) Section X of the United Nations Agency Regulations
European Union Regulations
Laws that are directly applicable and binding in all member states of the European Union without the need for individual countries to enact additional legislation.
Agency Relationship Law
Agency Relationship Law governs the legal relationship formed between two parties when one, known as the agent, is authorized to act on behalf of the other, known as the principal.
Manager
A manager is an individual responsible for directing and overseeing the work of a group or unit within an organization, making decisions, and ensuring goals are achieved.
- Comprehend the outcomes associated with the discontinuation of agency ties, including the processes through which power can be rescinded or abandoned.
Verified Answer
NH
Nickia HughesJun 28, 2024
Final Answer :
A
Explanation :
If a manager has business transactions in one of the European Union countries and wants to terminate an agency relationship,he or she would want to have access to knowledge about the intricacies of Chapter IV of the Agency Relationship Law,which focuses on termination.
Learning Objectives
- Comprehend the outcomes associated with the discontinuation of agency ties, including the processes through which power can be rescinded or abandoned.