Business Law Assignment

1.Provide an example of an agency that you have personally experienced, indicating whether you were the principal, agent or third party. (3 marks)

2. What are two ways to enter an agency relationship? (2 marks)

3. What are two things that a fiduciary must always remember to do? (2 marks)

4. When is a principal liable for torts committed by an agent? (2 marks)

These are 4 sub questions of 1 main question. Please answer with Business Law perspective.