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5 Cards in this Set
- Front
- Back
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The doctrine of ____ is the basis for an employer's liability for an unauthorized tort committed by his employee in the course of his employment.
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respondeat superior
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Which of the following is true regarding an agent who is acting for an undisclosed principal
a. The agent with actual authority will bind both himslef and the principal on contracts b. The third party will never be bound in a contract with the principal c. An undisclosed principal will bind only himself and not the agent. d. Failure to disclose the name of the principal is a form of fraud. |
a. The agent with actual authority will bind both himself and the principal on most contracts
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An agent acts for a(n)_______ principal when she appears to be acting on her own behalf and the person with whom she is dealing has no knowledge that she is an agent.
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undisclosed
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Richard writes a letter to Sarah authorizing her to sell his car and sends a copy of the letter to Timothy, a prospective purchaser. The next day Richard sends a letter to Sarah revoking her authority, but he fails to notfiy timothy.
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Sarah has apparent authority with respect to Timothy to sell the car
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An agent at his principal's direction fixes prices with the principal's competitors.
a. Only the agent is criminally liable b. Only the principal is criminally liable. c. Both the principal and agent are criminally liable. d. Any liability would be civil only. |
c. Both the principal and agent are criminally liable.
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