Question
Can a third person sue an agent and principal jointly? What are some reasons why the principal may wish to keep his or her identity
Can a third person sue an agent and principal jointly?
What are some reasons why the principal may wish to keep his or her identity a secret in a transaction?
An agent sometimes purports to act for a former principal after his authority has been revoked. For example, Sam worked as my paralegal for two years but then quit. He continued to act on my behalf (the former principal) and contacted my clients unbeknownst to me.
what is the liability of the former principal in these cases?
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Yes a third person can sue an agent and principal jointly under certain circumstances especially if the agent was acting within the scope of their aut...
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
