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The principal and agent relationship

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Discuss the problems that could exist in the principal and agent relationship in aging services such as case manager and an nursing home. Please list the advantages and drawbacks of the relationship and any problems that could arise.

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This solution discusses some of the problems that may arise in the principle-agent relationship in the context of aging services.

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Principal and agent relationship that exists within the aging service network
Discuss the problems that could exist in the principal and agent relationship in aging services such as case manager and a nursing home. Please list advantages and drawbacks of the relationship and any problems that could arise.

The principal in any situation is the person who asks or seeks out an agent to act on their behalf. This means that they have entrusted them to make the decisions needed in acts for the agent. The assumption is that the agent is not insane or confused when making the choice of a principal and in doing this is implying authority to the principal. The agent principal agreement can be formal or informal but is an agreement for the principal to act for the agent in all decisions or transactions that are part of the ...

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