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Unless those assets are part of an expressly-designated expense account, that would be fraud.
methods are as follows.... 1- Agency by consent Consent may be express or implied. An agency can be expressly created either orally or in writing. There is only one exception to this, which is that if the agent is to execute a deed on the principal's behalf (for example a conveyance of land or a lease exceeding three years) then the agency must be created by deed. Essentially this means that the agent is given a power of attorney. 2-Agency by estoppel (or 'holding out') Agency by estoppel arises by operation of law and is no less effective than an agency expressly created. It arises ` When the words or conduct of the principal give to a third party the impression that the person who purports to contract with the third party is the agent of the principal, and ` The third party, as a result, acts upon this. The principal is 'estopped', or prevented, from denying the existence of the agency 3-Agency of necessity An agency of necessity is another way in which an agency can arise by operation of law. Its origins can be found in mercantile law, and in shipping law in particular. It may arise where a person is faced with an emergency in which the property or interests of another person are in imminent jeopardy and, in order to preserve that property or those interests, it becomes necessary to act for that person without his authority. An agency of necessity probably only applies where there is already some existing contractual relationship between the parties, as the law is highly unlikely to allow a person to be bound by the act of a complete stranger. 4-Ratification In certain circumstances the relationship of principal and agent can be created or extended with retrospective effect, that is, once the contract has been entered into by the agent and third party. Ratification only validates past acts of the purported agent. It gives no authority for the future. Thus, where A makes a contract on behalf of P at a time when A has no authority from P, P may later ratify the contract. This will have the retrospective effect of establishing an agency as at the time the contract was made. All parties are then in the same position as if the principal had been the original contracting party, ie the principal may sue or be sued by the third party and the agent no longer has any liability.
It depends on what was stipulated in the custody/child support agreement. In some agreements, it is expressly written that upon graduation from high school and the beginning of college that the father will pay all, or a percentage of tuition and expenses. In some cases it will state only tuition, of that mom and dad will share fifty/fifty. Looks at the child support papers. If it is not noted, look farther, and then re-check with your attorney.
In a simple mortgage,the mortgagor without delivering possession of the mortgaged property binds himself personally to pay the mortgage money and agrees expressly or impliedly that if he fails to pay the debt and interest in terms of the mortgaged deed, the property will be sold and the proceeds applied in payment to the mortgaged money.In an English mortgage,a mortgagor binds himself to repay the mortgaged money on certain date and transfers the mortgaged property absolutely to the mortgagee subject to the provision that he will re-transfer it to the mortgagor upon payment of the mortgaged money as agreed.
IF the interest is compounded monthly, as on a revolving credit card or an investmentwhere monthly compounding is expressly stated, then the interest at the end of eachmonth should be 1.05% .It will compound monthly ... guaranteed ... on a revolving debt; that is, whereyou owe somebody else money. But where somebody else owes you money,don't assume that there's any compounding at intervals of any less than a year,unless it's clearly stated in so many words. If it only says "12.6 percent annually",then your money could lay there for 364 days without earning a dime.
I would not agree with this statement. There are many powers and actions that, while not expressly prohibited, are also not permitted or acceptable. For instance, while a person is not expressly prohibited from driving while taking a prescription for opiate pain medications, that person is not permitted to drive freely unless they are sober.
Such action is strictly prohibited unless expressly authorized by your Commanding Officer.
use it in a sentence : "the charter neither expressly prohibits nor permits . or "cameras are strictly prohibited during the performance." There for cameras are not allowed.
The Necessary and Proper Clause of the US Constitution gives Congress authority to pass laws even though the power to pass that particular law is not expressly stated in the Constitution. ( Elastic Clause)
The only lawful powers delegated to the President are specified in the U.S. Constitution. Any authority beyond what is expressly written in the Constitution is exercised outside of federal law.
Here are a couple.This pie is expressly for Fred's family.Murder is expressly forbidden.
The word expressly is an adjective. EX: He expressly rejected the proposal. Sources: Webster dictionary
Running in the library is expressly forbidden.
Why would you ! Unless there are specific rules of the business expressly forbidding her to take her baby into work - you have no authority to tell her to move.
No; it is implied preemption, specifically field preemption. While the 1976 law in particular preempted state laws on sound recording, this was not expressly stated.
An authorization letter example is one that directs your bank to pay a particular recipient money from your account. This is a formal letter that expressly gives consent to do something.
At the meeting, parents expressly stated their approval of students wearing school uniform.