Question: 1. A principal is bound by contracts that an agent enters into with authority. Identify the three types of contractual authority an agent may have.
1. A principal is bound by contracts that an agent enters into with authority. Identify the three types of contractual authority an agent may have. Give an example of each.
2. You are not happy living in your apartment with noisy neighbors upstairs. They party all night often past your building's 10 pm curfew. You have complained many times and your landlord has done nothing to help. What violation of landlord duties can you use to attempt to escape this lease?
3. Jose is opening a bakery. He is debating between a sole proprietorship, corporation and an LLC and wants your advice. Outline the advantages and disadvantages of each and make a recommendation to Jose.
4. What happens when the corporate veil is pierced? Identify two circumstances that might persuade a court to pierce the corporate veil.
5. What is a patent, trademark, and a copyright? Give an example of each
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