Course : Diploma in Business Management

Module Code : Unit_12

3 hours

1. Define the following terms.

b. General agent

2. What is agent liability?

3. Name and briefly explain different ways an agency relationship can be terminated.

4. Name and define major types of business entities.

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5. Define corporate governance.

6. What are the areas addressed by the employment law? What is the importance of employment
law?

7. Name two types of commercial papers.

8. Explain the role of consumer protection law.

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