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BLAW 2200 > Chapter 20 > Flashcards

Chapter 20 Flashcards

1
Q

agents duty owed to principal

A

Performance
Loyalty
Notification
Obedience
Accounting

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2
Q

Agents Remedies against Principal

A

Tort and Contract Remedies
Accounting
Specific Performance

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3
Q

CONTRACTUAL LIABILITY OF PRINCIPAL AND AGENT
(Authorized acts)

A

Classification of principal
- disclosed principal
- Partially disclosed principal
- undisclosed principal

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4
Q
  • Classification of principal
  • disclosed principal
  • Partially disclosed principal
  • undisclosed principal
A

Classificatioin of principal
- must be disclosed, partially disclosed, or undisclosed

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5
Q

Termination of Agency Relationship
- By operation of law

A

Death
Insanity ( or incompetance)
Bankruptcy
Chane in circumstances
Change in Law
Impossibility of Performance

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BLAW 2200 (9 decks)

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