8. Justin's Cars provides custom detailing for sports cars. Justin is an authorized agent for Porsche,...
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8. Justin's Cars provides custom detailing for sports cars. Justin is an authorized agent for Porsche, but this relationship is not disclosed and Porsche owners believe they are dealing only with Justin. While working on a vintage Carmen Ghia model Volkswagen, Justin broke the fender and it CANNOT be replaced. Is Justin liable for the damage? O, a. Yes, Justin is liable for all work performed in his shop. O b. Yes, Justin is liable because he is the agent of an undisclosed principal. O C. No, Justin has no fiduciary duties to third parties. O d. No, Justin has no liability because he was acting within the scope of this authority as an agent. 8. Justin's Cars provides custom detailing for sports cars. Justin is an authorized agent for Porsche, but this relationship is not disclosed and Porsche owners believe they are dealing only with Justin. While working on a vintage Carmen Ghia model Volkswagen, Justin broke the fender and it CANNOT be replaced. Is Justin liable for the damage? O, a. Yes, Justin is liable for all work performed in his shop. O b. Yes, Justin is liable because he is the agent of an undisclosed principal. O C. No, Justin has no fiduciary duties to third parties. O d. No, Justin has no liability because he was acting within the scope of this authority as an agent.
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ANSWER C No Justin has no fiduciary duties to third parties The person who has a fiduciary duty is c... View the full answer
Related Book For
Managerial Decision Modeling with Spreadsheets
ISBN: 978-0136115830
3rd edition
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
Posted Date:
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