Agency Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

hook: substitute clothes

What substitutes for actual authority exist to bind a principal to an agent’s contract?

A

RAApa

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What substitutes for actual authority exist to bind a principal to an agent’s contract?

RAApa

A

Ratification, Adoption, or Apparent authority

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

hook: when another can put DIBs on it

How is agent’s actual authority terminated?

A

T-CAAP-DIB

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

How is agent’s actual authority terminated?

T-CAAP-DIB

A

Time (specified or reasonable), Change of circumstance, agent acquires Adverse interest, Agent says so, Principal says so (unless coupled w/an interest making it irrevocable), Death, Incapacity, Bankruptcy (unless coupled w/an interest)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

hook: blues brothers needed an agent, while they were on a mission from God

What are an agent’s duties?

A

LORD-RC

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What are an agent’s duties?

LORD-RC

A

fiduciary duties of Loyalty, Obedience to Reasonable Directions, and Reasonable Care under the circumstances

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

PPP think Ks are rad! + Common + Kanye make right

Can a P ratify an A’s contract?

A

3PAXA

KOM-AN-Cap

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Can a P ratify an A’s contract?

3PAXA

KOM-AN-Cap

A

3PAXA = suing 3P on k, Accepting benefit of k, or eXpressly Affirming k

KOM-AN-Cap = Knowledge Of all Material facts, All or Nothing (P must accept entire transaction), Capacity (at time of ratification and original k b/c ratification is retroactive)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Cee labor + friends

How do you determine whether a tortfeasor was an employee or independent contractor?

A

Control-SWTR-LSP

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

How do you determine whether a tortfeasor was an employee or independent contractor?

Control-SWTR-LSP

A

right to Control details & performance, whether exercised, evidence includes:

Supplying Workplace & Tools, work is part of Regular business of employer, employment Long term, little Skill required, Payment made in regular intervals instead of by job

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

interfere w/ Kanye’s artists

When is a principal liable for an independent contractor’s torts?

A

Negligent-NO-ID

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

When is a principal liable for an independent contractor’s torts?

Negligent-NO-ID

A

principal Negligent in selecting contractor,

duty NOndelegable,

or

activity is Inherently Dangerous

How well did you know this?
1
Not at all
2
3
4
5
Perfectly