Agency Part 2 Flashcards
The rule is that a ________ is directly liable to a third party harmed by an agent’s conduct when the agent acts with actual authority. Restatement (Third) of Agency § 7.03.
principal
The rule is that a principal is ______ ______ to a third party harmed by an agent’s conduct when the agent acts with actual authority. Restatement (Third) of Agency § 7.03.
directly liable
The rule is that a principal is directly liable to a _____ _____ harmed by an agent’s conduct when the agent acts with actual authority. Restatement (Third) of Agency § 7.03.
third party
The rule is that a principal is directly liable to a third party _______ ___ _____ agent’s conduct when the agent acts with actual authority. Restatement (Third) of Agency § 7.03.
harmed by an
The rule is that a ______ is directly liable to a _____ ______ harmed by an _______ conduct when the ______ acts with actual authority. Restatement (Third) of Agency § 7.03.
principal
third party
agents
agent
The rule is that a principal is directly liable to a third party harmed by an agent’s _______ when the agent _____ with _______ ______. Restatement (Third) of Agency § 7.03.
conduct
acts
actual authority
An ______ acts with actual authority when, at the time of taking action that has legal consequences for the principal, the agent reasonably believes, in accordance with the principal’s manifestations to the agent, that the principal wishes the agent so to act. Restatement (Third) of Agency § 2.01.
agent
An agent ______ with ______ ______ when at the time of taking action that has legal consequences for the principal, the agent reasonably believes, in accordance with the principal’s manifestations to the agent, that the principal wishes the agent so to act. Restatement (Third) of Agency § 2.01.
acts with actual authority
An agent acts with actual authority when, at the ______ of _____ _______ that has legal consequences for the principal, the agent reasonably believes, in accordance with the principal’s manifestations to the agent, that the principal wishes the agent so to act. Restatement (Third) of Agency § 2.01.
time of taking action
An agent acts with actual authority when at the time of taking action that has _______ _________ for the principal, the agent reasonably believes, in accordance with the principal’s manifestations to the agent, that the principal wishes the agent so to act. Restatement (Third) of Agency § 2.01.
legal consequences
An agent acts with actual authority when at the time of taking action that has legal consequences for the ________, the ______ reasonably believes, in accordance with the principal’s manifestations to the agent, that the principal wishes the agent so to act. Restatement (Third) of Agency § 2.01.
principal
the agent
An agent acts with actual authority when at the time of taking action that has legal consequences for the principal, the agent _________ _________ in accordance with the principal’s manifestations to the agent, that the principal wishes the agent so to act. Restatement (Third) of Agency § 2.01.
reasonably believes
An agent acts with actual authority when at the time of taking action that has legal consequences for the principal, the agent reasonably believes ____ _________ with the principal’s manifestations to the agent, that the principal wishes the agent so to act. Restatement (Third) of Agency § 2.01.
in accordance
An agent acts with actual authority when at the time of taking action that has legal consequences for the principal, the agent reasonably believes in accordance with the _______ ________ to the _____, that the principal wishes the agent so to act. Restatement (Third) of Agency § 2.01.
principals manifestations
agent
An agent acts with actual authority when at the time of taking action that has legal consequences for the principal, the agent reasonably believes in accordance with the principal’s manifestations to the agent, that the ________ _______ the ________ so to act. Restatement (Third) of Agency § 2.01.
principal wishes the agent
An _______ acts with express actual authority to take action designated or implied in the principal’s manifestations to the agent.
agent
An agent _______ with express actual authority to take action designated or implied in the principals manifestations to the agent.
acts
An agent acts with ________ ______ ______ to take action designated or implied in the principals manifestations to the agent.
express actual authority
An agent acts with express actual authority to ______ ______ designated or implied in the principals manifestations to the agent.
take action
An agent acts with express actual authority to take action ________ or ________ in the principals manifestations to the agent.
designated or implied
An agent acts with express actual authority to take action designated or implied in the _________ _________ to the _______.
principals manifestations to the agent
________ ______ _____ exists where the principal has made it clear to the agent in written or spoken words that he or she wants the act under scrutiny to be done.
Express Actual Authority
Express Actual Authority exists where the ________ has made it clear to the _______ in written or spoken words that he or she wants the act under scrutiny to be done.
principal
agent
Express Actual Authority exists where the principal has made it clear to the agent in ______ or _______ ______ that he or she wants the act under scrutiny to be done.
written or spoken words