Understand how people and money move in business, with practical guidance for engineers and managers.
This book explains agency, contracts, and the responsibilities of principals and agents. It also surveys partnerships, their dissolution, and how liability passes to third parties. You’ll find approachable explanations of negotiable instruments and the basics of depreciation planning for real-world use.
What you’ll experience:
- How authority is created, limited, and proven in agency relationships.
- Duties and risks for principals, agents, and third parties.
- An introduction to negotiable paper and why it matters in business.
- Methods to plan depreciation, including sinking fund comparisons and direct schemes.
Ideal for readers of engineering practice and business notes seeking clear, actionable guidance.