Agency Agency is nothing more than the idea that you give somebody else authority to act on your behave. There is a principal (the person in charge) and an agent (who takes on some responsibility from the principal). There are 4 types of common agency relationship: Agent’s Duties Agent’s Rights Principal’s Duties Principle’s Rights Tort…
Category: Business
Fashion and Luxury
What is fashion Fashion can be many things: creativity, business, trend that people share, or a way to express personality. There is no consensus about what fashion is. Fashion is about impulse and desire. We live not according to reason, but according to fashion. Seneca, mid 1st century. Fashion is a balancing act between the…
My #59 course certificate from Coursera
Introduction to Google SEOUniversity of California Davis This is a wonderful course about marketing by means of search engine optimization. Over the years, SEO is no longer as simple as following a checklist, it needs a holistic approach since there is a higher barrier of entry. The course covers a lot of material: what SEO…
Google Search Engine Optimization
What is SEO? SEO stands for Search Engine Optimization, which is the practice of improving visibility of a website in search. SEO fits into a larger digital marketing strategy, it is more focused on free organic traffic. Other roles include: SEOs want their page to show on the first page of search result. The goal…
Sales Contracts: UCC Article 2
UCC stands for Uniform Commercial Code, UCC Article 2 pertains sales of goods, which provides additional rules when it comes to contracts for the sales of tangible, movable goods. Sometimes a contract calls for both goods and services, in which case use “Predominant factor test’ to distinguish between them. The question is “What is the…
Basics of Contracts
A contract is nothing more than an enforceable agreement. The person who makes an offer is offeror, whose counter-party is offeree, who has the power to form a contract. ‘Valid contract’ mean either party can enforce it, in contrast ‘Void contract’ is unenforceable by either party. Some where in the middle between valid and void…
Computing the Tax
Income Tax Formula This is an important formula, you’ll use throughout the course and beyond. The US tax laws use all-inclusive income concept. We need to differentiate between “realized (economic) income” and “recognized income”. You realize economic income, when you have an exchange of property rights. “Recognized income” is part of “realized income” that is…
Compliance and Risk Management
Basics The simple fact is that the world today operates in a highly regulated environment. So when it comes to compliance, we usually ask the question “What do I have to comply with?” But, far more importantly the next question is “how do you know what I have to comply with?” Even for a small startup company, there…
My #50 course certificate from Coursera
Entrepreneurship 1: Developing the OpportunityUniversity of Pennsylvania Can entrepreneurship be taught? You must learn, because It is your survival skills. You can NOT live without it in this world. 鈽狅笍 My career life is full of innovations. I work hard to make it real, then present and sell. Failed? Dust off and start over.This course truly has taught something important you won鈥檛 understand…