Question
FIDUCIARY DUTY Parker, a sports agent, represented David Toms, a professional golfer. Parker also represented Shaun Micheel and other professional golfers. Parker received a 20
FIDUCIARY DUTY
Parker, a sports agent, represented David Toms, a professional
golfer. Parker also represented Shaun Micheel
and other professional golfers. Parker received a 20 percent
commission on any endorsement contracts signed
by Toms and a 25 percent commission on endorsement
contracts signed by Micheel. In 2003, Parker was
in the middle of negotiations with Cleveland Golf on
Toms's behalf. After Micheel was the surprise winner
at the PGA Championship, Parker convinced Toms
that he should hold out for a more lucrative endorsement
deal than was being offered by Cleveland, and he
subsequently signed Micheel, instead of Toms, to the
Cleveland Golf deal.
CASE QUESTIONS
1. What agency relationship exists between Toms and
Parker?
2. If an agency relationship exists, when was a fiduciary
duty created and what subduties apply to this
case? Explain.
3. Is Parker's employer also liable for the actions of
Parker? Why or why not?
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