Discuss the contractual liability of the principal, agent, and third party when the principal is (a) disclosed,

Question:

Discuss the contractual liability of the principal, agent, and third party when the principal is (a) disclosed, (b) partially disclosed, and (c) undisclosed.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

See More Books

Question Posted: Oct 11, 2022 06:26 AM

See More Questions

Discuss the role of a third party intermediary in an interest rate swap agreement. Describe the risks assumed by the intermediary. How does the intermediary potentially profit from this activity?
The textbook discusses third party contractual rights. This is a crucial area on contract/business law and each of you should take extra time to make sure you fully understand what the book is...
Discuss when a member of a limited liability company does or does not have the following rights or powers: (a) To assign her interest in the LLC, (b) To receive repayment of loans made to the LLC on...
A 12-in. diameter circular plate is placed over a fixed bottom plate with a 0.1-in. gap between the two plates filled with glycerin as shown in Fig. P1.89. Determine the torque required to rotate the...
Two cards are selected from a standard deck of 52 playing cards. The first card is replaced before the second card is selected. Find the probability of selecting a heart and then selecting an ace.
The Lawrence Company has a ratio of long-term debt to long-term debt plus equity of .45 and a current ratio of 1.35. Current liabilities are $1,380, sales are $10,530, profit margin is 7.5 percent,...
Garcia Company issues 10%, 15-year bonds with a par value of $240,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 8%, which implies a selling price...
Stacey Ball, vice president of operations for Clinton County Bank, has instructed the banks computer programmer to use a 365-day year to compute interest on depository accounts (liabilities). Stacey...
What does c ertification for my program entail ? For many fields and jobs , being certified in the field is required to securing employment. W rite a paragraph ( 4 sentence minimum ) describing what...
The Stratton Township Park is located on a piece of property that contains two golf courses, a swimming pool, and 800 acres of woods and open spaces. Three years ago, the Stratton Park Department...
Distinguish among actual express authority, actual implied authority, and apparent authority.
Explain how apparent authority is terminated and distinguish between actual and constructive notice.
What drains energy from you? In the work you do In personal relationships
Explain in simple terms the concept of: "Technology Structures and Social Boundaries"
1- According to the Six Steps in Strategic Planning find out the Lidl and Mercadona strategic plan 2021-2022 in Spain. Highlight the major differences and similarities between them. 2- Make a picture...
Your writing must present an introduction, development and conclusion. At the end of your work include the APA references. case 1: program for the agency that provides services to the government...
7. (8 points) In the following VHDL process, if input A changes at time 20nS and no other inputs change after that time, at what time will all the output signals be guaranteed to have assumed their...
Q1. Tenure analysis: Table: employee Column Name Data Type Description employee_id Integer Unique identifier for each employee department Varchar The department of the employee job_level Varchar The...
A thin stream of water is pulled to a rubber balloon with a static electric charge. Might a small ice cube also be pulled to a statically charged balloon?
1. Following are information about Alhadaf Co. Cost incurred Inventory Purchases Sales Adverting expense Salary Expense Depreciation Beginning Inventory Ending Inventory Amount 118,000 350.000 90,000...
H. B. Fuller Co. of St. Paul is a leading manufacturer of industrial glues. Its mission statement says the company will conduct business legally and ethically. It has endowed a university chair in...
What do you need to be happy in life?
What if, after making purchases at the local drugstore, you realize that the cashier forgot to charge you for an item? Or suppose a waitress forgets to charge you for the drink you ordered with your...
Ray Company provided the following excerpts from its Production Department's flexible budget performance report. Required: Complete the Production Department's Flexible Budget Performance Report....
Problem 1 5 - 5 ( Algo ) Lessee; operating lease; advance payment; leasehold improvement [ L 0 1 5 - 4 ] On January 1 , 2 0 2 4 , Winn Heat Transfer leased office space under a three - year operating...
Zafra and Stephanie formed an equal profit- sharing O&S Partnership during the current year, with Zafra contributing $100,000 in cash and Stephanie contributing land (basis of $60,000, fair market...

Discuss the contractual liability of the principal, agent, and third party when the principal is (a) disclosed,

Question:

Step by Step Answer:

When a third party is disclosed the principal is liable for their own neglig...View the full answer

Smith and Roberson Business Law

Students also viewed these Business questions