If Principal wrongfully terminates agency, agent may sue for _____ ___ ____ or implied contract; vice...
- If Principal wrongfully terminates agency, agent may sue for _____ ___ ____ or implied
contract; vice versa for principal
Homework Answers
In the case of the agent, if the principal has a wrongfully terminated agency, then the agent has the full right to ask for the compensation for the work performed by the agency or it can also sue the principal by considering he contract as still existing and can ask for the damage.
On the other hand, if the contract is broken by the agency, the principal has the legal right to sue the agency for the damage caused by the sudden termination of the contract and damages can be asked from the agent.
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If Principal wrongfully terminates agency, agent may sue for
_____ ___ ____ or implied
contract; vice...
an agency contract may be created by oral appointment of an agent. true or false
an agency contract may be created by oral appointment of an agent. true or false
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QUESTION 38 An agent has implied Authority when: a. The principal has ratified past actions, leading third persons to believe authority exists b. The principal fails to give written notice to past customer after terminating the agency C. An emergency makes necessary prompt action by the agent in order to safeguard the property interests of the principal d. Any of the above one cher 2 points Save Answer Click Save and Submit to save and submit. Click Save All Answers...
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A principal is not liable to a third party for any contract made by the agent...
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Agency theory has two principle lines: positivist and principal-agent, what are the differences? Which do you...
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QUESTION 38 An agent has implied Authority when: a. The principal has ratified past actions, leading third persons to believe authority exists b. The principal fails to give written notice to past customer after terminating the agency C. An emergency makes necessary prompt action by the agent in order to safeguard the property interests of the principal d. Any of the above one cher 2 points Save Answer Click Save and Submit to save and submit. Click Save All Answers...
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d. Neither Wanamaker nor Anderson is liable on the contract since the seller was obli. pated to ascertain Anderson's authority. has the right to regain possession of tomobile and to collect damages. Brian may sue and collect from either Rob- Inson or Ambrose Il Amorost must pay in damages, he will be entitled to Indemnification from Robin son. Ambron notllable for the wrongful Teposion of the wtomobile since he was obeying the direct order of Robinson 22. Under which of...
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