Question: Explain, , how an agent may, in certain circumstances, become liable to a third party for not having kept in touch with the principal. provide

Explain, , how an agent may, in certain circumstances, become liable to a third party for not having kept in touch with the principal. provide a unique fact situation in which you illustrate your answer

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

The partnership of Bramble, Sunland, and Coronado engaged you to adjust its accounting records and convert them uniformly to the accrual basis in anticipation of admitting Kerns as a new partner....

Explain how an agent may, in certain circumstances, become liable to a third party for not having kept in touch with the principal. Create one unique fact situation in which you illustrate your...

Explain, in your own words, how an agent may, in certain circumstances, become liable to a third party for not having kept in touch with the principal. Create a unique fact situation in which you...

Do the reading assignment and then look up KRS 275.520 and read its text.Then answer the questions below. Fully explain your answers: 1.What is the taxation advantage of a LLC as opposed to a...

Chapter 13 Food Legislation INTRODUCTION 5 This chapter provides an understanding of some of the requirements that hotels, restaurants and food outlets must comply with when serving, handling,...

Howell v. SmithAnnotate this Case 134 S.E.2d 381 (1964) 261 N.C. 256 Hubert M. HOWELL, t/a Howell Oil Company v. Herbert SMITH, t/a Atlantic Block Company. No. 315. Supreme Court of North Carolina....

What can be the legal brief for the case below : Statement of the issues Arguments of the plaintiff Arguments of the defense Holding of the court Rational in this case Provide references. Howell v....

1.While an agent is travelling in the United States on sales calls, his principals - a husband and wife in partnership - die in an auto accident. He is informed of the deaths, and knowing that the...

Company Chosen is Amazon. Section 3, Materiality and Risk The senior partner wants to confirm your understanding of key concepts. Summarize each concept 90-175-words each. Materiality Misstatement...

amazon (answers will be on file below) Accounts Receivable: a) Are sales primarily on credit or in cash?b) What is the relative size of accounts receivable?How has this changed over the last...

Anyone got complete answers to this quiz? 1. 5a_39 In technical analysis, what is a support level for a stock? A. Demand exceeds supply. B. Supply exceeds demand. C. Volume sold equals volume...

Answer the following critical thinking questions: a. What is the value of using GPS (global positioning systems)? How can a user reduce any privacy risks when using such systems? b. Can you think of...

You have been hired to test whether the demand for a product that your client produces varies between two demographic markets the Urban and Rural markets. As such, in each market, you run a short...

2 Why would lower - than - expected bond yields be problematic for retirees and those approaching retirement? It would not be a problem May lead to a shortfalt in retirement savings Higher risk of...

A position-time graph for a particle moving along the x axis is shown in Figure P2.7. (a) Find the average velocity in the time interval t = 1.50 s to t = 4.00 s (b) Determine the instantaneous...

A pond of water at 0C is covered with a layer of ice 4.00 cm thick. If the air temperature stays constant at &10.0C, how long does it take for the ice thickness to increase to 8.00 cm?

Pioneers stored fruits and vegetables in underground cellars. Discuss the advantages of this choice for a storage site.

A piece of paper is wrapped around a rod made half of wood and half of copper. When held over a flame, the paper in contact with the wood burns but the half in contact with the metal does not....

A is anything that can be offered to a market to satisfy a want or need, including physical goods, services, experiences, events, persons, places, properties, organizations, Information, and ideas....

The visual rule: If we observe an event with our own eyes, we will attach more weight to it than if someone else had described it to us.

10. What is meant by the fact that we are socialized into using linear causal thought patterns? Find two examples of this from your everyday life.

The senders expertise; certification, i.e. the senders educational background