Paulette is the owner of the Rock on Mobile Home Park. For several years, Albert regularly collected

Question:

Paulette is the owner of the Rock on Mobile Home Park. For several years, Albert regularly collected rent for Paulette from the tenants of the mobile home park. Recently, Paulette learned that Albert pocketed some rent he collected, so Paulette fired Albert, and revoked his authority to collect rent payments from tenants. However, neither Paulette nor Albert told any tenants of Albert's termination. Yesterday, Albert went around to Theresa's mobile home and asked for the rent. Theresa paid Albert the money owed to Paulette. Albert never gave this money to Paulette. Is Theresa liable to pay Paulette? Why or why not? What legal principle did you apply? Discuss an agent's obligations toward his principal. Is this an apparent agency situation? Do apparent agency principles apply?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

The Legal and Regulatory Environment of Business

ISBN: 978-0078023859

17th edition

Authors: Marisa Pagnattaro, Daniel Cahoy, Manning Magid, Lee Reed, Pe

Question Posted: