Ch 30 Flashcards

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1
Q

Undisclosed principals liability

A

510
an agency in which a contracting third party does not know of either the existence of the agency or the principle’s identity
undisclosed agencies are lawful.

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2
Q

respondent superior

A

505
a rule stating that an employer is liable for the tortious conduct of its employees or agents while they are acting within the scope of the employer’s authority

let the master answer

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3
Q

respondent superior

A

505

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4
Q

constructive notice of termination

A

498

to any third party who has knowledge of the agency but with whom the agent has not dealt

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5
Q

agents liability on contract -

fully disclosed agency

A

509-511
an agency in which a contracting third party knows (1) that the agent is acting for a principal and (2) the identity of the principal.

agent is not liable on the contract, however, because the third party relied on the principal’s credit and reputation when the contract was made.

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6
Q

agents liability on contract -

partially disclosed agency

A

509-11
an agency in which a contracting third party know that the agent is acting for a principal but does not know the identity of the principal

both the principle and the agent are liable on third-party contracts

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7
Q

agents liability on contract -

undisclosed agency

A

509-511
an agency in which a contracting third party does not know of either the existence fo the agency or the principal’s identity

both the principal and the agent are liable on the contract with the third party because the agent, by not divulging agency status, becomes a principal to the contract.

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8
Q

classifications of agencies

A

509-10

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