Discuss the contractual liability of the principal, agent, and third party when the principal is (a) disclosed,
Question:
Discuss the contractual liability of the principal, agent, and third party when the principal is (a) disclosed, (b) partially disclosed, and (c) undisclosed.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
When a third party is disclosed the principal is liable for their own neglig...View the full answer
Answered By
Enock Oduor
I am a chemist by profession, i coach high school students with their homework, i also do more research during my free time, i attend educational and science fair seminars where i meet students and do some projects.
0.00
0 Reviews
10+ Question Solved
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Question Posted:
Students also viewed these Business questions
-
Discuss the role of a third party intermediary in an interest rate swap agreement. Describe the risks assumed by the intermediary. How does the intermediary potentially profit from this activity?
-
The textbook discusses third party contractual rights. This is a crucial area on contract/business law and each of you should take extra time to make sure you fully understand what the book is...
-
Discuss when a member of a limited liability company does or does not have the following rights or powers: (a) To assign her interest in the LLC, (b) To receive repayment of loans made to the LLC on...
-
A 12-in. diameter circular plate is placed over a fixed bottom plate with a 0.1-in. gap between the two plates filled with glycerin as shown in Fig. P1.89. Determine the torque required to rotate the...
-
Two cards are selected from a standard deck of 52 playing cards. The first card is replaced before the second card is selected. Find the probability of selecting a heart and then selecting an ace.
-
Multiply the following and simplify completely: x + 7x 30 x2 x215x50 - 25 x2 9 - Give your answer as a reduced rational expression. You may assume that the denominator is never 0.
-
The standard normal variable, \(z\), corresponding to the normal variable \(x\), is defined as a. \(z=\frac{\bar{x}}{\sigma_{x}}\) b. \(z=\frac{x-\bar{x}}{\sigma_{x}}\) c. \(z=\frac{x}{\sigma_{x}}\)
-
Refer to the information in Exercise 18-25. In Exercise 18-25, WaferCo is a fast-growing manufacturer of computer chips. Direct materials are added at the start of the production process. Conversion...
-
During its first year of operations, Walnut Company completed the following two transactions. The annual accounting period ends December 31. a. Paid and recorded wages of $137,000 during Year 1;...
-
Most modern computing in organizations is based on clientserver models. Explain why this tends to be the case. Give an example of clientserver computing that you are familiar with and explain the...
-
Distinguish among actual express authority, actual implied authority, and apparent authority.
-
Explain how apparent authority is terminated and distinguish between actual and constructive notice.
-
Discuss the advantages of survey controllers that can communicate with several different types of instruments.
-
The party to commercial paper who is designated as the one to receive payment. a. bad c heck b. draft or bill of exchange c. cashiers c heck d. certifi ed check e. check f. drawee g. drawer h. holder...
-
The party to commercial paper who makes a promise to pay. a. bad c heck b. draft or bill of exchange c. cashiers c heck d. certifi ed check e. check f. drawee g. drawer h. holder i. maker j....
-
An intelligent node of a distributed control system has four tasks, 1 4 (rate - monotonic priorities), with the corresponding execution periods p 1 = 10 ms, p 2 = 100 ms, p 3 = 500 ms, and p 4 =...
-
Melvin and his brother Russell Ballantyne formed an oral partnership, which started out as a farming operation but which grew into oil and gas exploration. Russell was in charge of the farming...
-
Wiggins had a checking account at her local bank. She wrote out a check to Shin, a maintenance worker, in payment for services he had provided. a. Is Wiggins the drawee? b. Is Shin the drawee? c. Is...
-
RGB Corporation is a manufacturer of a synthetic element. A. B. Meek, president of the company, has been eager to obtain the operating results for the fiscal year just completed. Meek was surprised...
-
According during to the IRS, individuals filing federal income tax returns prior to March 31 received an average refund of $1,088 in 2018. Consider the population of "last-minute" filers who mail...
-
H. B. Fuller Co. of St. Paul is a leading manufacturer of industrial glues. Its mission statement says the company will conduct business legally and ethically. It has endowed a university chair in...
-
What do you need to be happy in life?
-
What if, after making purchases at the local drugstore, you realize that the cashier forgot to charge you for an item? Or suppose a waitress forgets to charge you for the drink you ordered with your...
-
Give a summary of concepts and the applications for the following quistion: When a 200.0-g mass is attached to a spring, it stretches the spring by 7.50 cm. With that mass-spring system in...
-
A potato is launched out of a building (building A) from the 10th floor which is 15 m high, with a velocity of 55 m/s at an angle of 35.0 above the horizontal. There is a building (building 2) 130 m...
-
An eagle is flying horizontally at a speed of 2.9 m/s when the fish in her talons wiggles loose and falls into the lake 4.4 m below. Calculate the magnitude of the velocity of the fish relative to...
Study smarter with the SolutionInn App