Agency Flashcards
If a written agreement is necessary for the agency relationship, it will only be binding when there is signed written evidence. This principle is called … .
equal dignities rule
If someone is made to believe they are acting for an agent, the person they are acting for cannot deny they are an agent, which is called … or … .
apparent authority, agency by estoppel
A person who is in fact not an agent or who is an agent acting outside the scope of his or her authority may make a contract on behalf of another (a principal). If the principal affirms that contract by word or action, an agency relationship is created by … .
ratification
The most used form of an agency relationship is the … . The main characteristic of this is that the … has the authority to control the behaviour of the … .
employer-employee relationship, employer, employee
In an … relationship, the behaviour of the … is not fully subject to the will of the principal.
independent contractor, contractor
Because of the doctrine of … , the employers are legally responsible for the conduct of their employees as long as they are acting within the scope of employment.
respondeat superior
Often in the “gig” economy, workers are classified as … in order to avoid liability.
independent contractors
The agent becomes a … by agreeing to act in the best interest of the principal.
fiduciary
Acting in the best interest of the principal is called … .
duty of loyalty
Following reasonable orders from the principal is called … .
duty of obedience
… means that the agent has to behave carefully and try to avoid mistakes.
Duty of care
… means that the principal gives authority through saying it.
Express authority
… means that the agent may do whatever he wants in order to complete the task as long as it is reasonable.
Implied authority
… is when the authority has been given to the agent in previous instances.
Usual authority
… is the authority that agents within that kind of work typically have.
Customary authority
A(n) … is a computer program or device or other automated means that independently initiate an action without review or action by an individual.
electronic agent
Through the … , a person who uses an electronic agent is responsible for its actions even if no one knows about the outcome of the operations of the electronic agent. (However, this is only in two states: Virginia and Maryland)
Uniform Computer Information Transaction Act (UCITA)
… is a type of agreement, where a third party believes that the agent has the authority from the principal to enter into a contract. (e.g. from words)
Apparent authority
If … happens then a principal joins the unauthorized act of an agent, making the prior acts fall under the liability of the principal.
Ratification
… happens when the principal joins the act of the agent through either words or behaviour.
Express ratification
… means the authority expressly given by a principal or given by the law
Actual authority
In an … relationship, one person — the … — acts for or represents another person
agency, agent
A person who is in fact not an agent or who is an agent acting outside the scope of his or her authority may make a contract on behalf of another (a principal). If the principal affirms that contract by word or by action, an
… relationship is created by …
agency, ratification (agency by ratification)
The agent was helped in completing the tort through the existence of the agency relationship.
Aided in accomplishing theory
A … states that the user is deemed to assent to its terms by its continued use of the website
browsewrap agreement
A prominent feature of electronic commerce is the … whereby users assent to a license agreement by clicking on an acceptance box
clickwrap license (or agreement)
A contract … can either be … or expressed. If a contract is expressed, it must include direct terms of assent, while an implied contract typically is based on implied laws
ratification, implied (implied ratification)
The … delegates a portion of his or her power to the agent, who then manages the assigned task and exercises the discretion given by the …
principal
An agent may lawfully conceal the principal’s identity or even his or her existence. This may be desirable, for instance, when the principal is trying to buy adjacent properties in an area before news of a business venture is made public
Undisclosed principal