I. Agency

Question 1

Liability in Contract

Answer 1

• Principal becomes liabile to thrid party through actions of his agent if
  
  • A & P both CONSENT and
  • A is subject to P’s CONTROL

Question 2

Capacity

Answer 2

Principal must have CONTRACTUAL CAPACITY (b/c k that results is between P T) but A does not need it.

• Minor lacks capacity to appoint an agentt
• NOT necessary for the AGENT to have capacity–only that the PRINCIPAL has capacity

Question 3

Writing

Answer 3

Not required by agency law but may be reuqired yb the statute of frauds

• e.g >1 yer
• land conveyance

Question 4

Consdieration

Answer 4

NOT required