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5 Written questions

5 Matching questions

  1. Types of Powers of Attorney
  2. Duties of Principle to Agent
  3. Agent (A)
  4. Termination by Acts of Parties
  5. Ratification
  1. a 1) General
    2) Special
    3) Durable
  2. b 1) Completion
    2) Revocations
    3) Quit
    4) Time
  3. c ✦ Fiduciary Duty
    ✦ Follow the Rules - MLB - drug testing & replay
  4. d ✦ Person who acts for another
    ✦"employee/worker"
  5. e Even if Principle didn't authorize Agent to act, Principle still bound if Principle ratifies Agent's actions

5 Multiple choice questions

  1. 1) Actual
    2) Apparent
  2. ✦ Work expressly directed to be performed
    ✦ Work reasonably incidental to work expressly directed
  3. ✦ If Employer-Employee = GENERAL RULE
    ✦ If Independent Contractor = then "boss" is not liable for independent contractor's actions
  4. Utmost loyalty, trust, and good faith in dealings between P and A
  5. ✦ Relationship between Principle and Agent. Agent acts under Principle's authority.
    ✦ Vertical Authority

    1) Express - clear, unequivocal authorization
    2) Implied - everything reasonably and customarily necessary

5 True/False questions

  1. How is principal-agency relationship created?✦ Fiduciary Duty
    ✦ Follow the Rules - MLB - drug testing & replay

          

  2. 20 Factor TestEven if Principle didn't authorize Agent to act, Principle still bound if Principle ratifies Agent's actions

          

  3. Commuting?✦ Texas - GENERAL RULE - person is not within scope of employment while commuting to and from work

          

  4. Apparent Authority✦ Relationship between Principle and Agent. Agent acts under Principle's authority.
    ✦ Vertical Authority

    1) Express - clear, unequivocal authorization
    2) Implied - everything reasonably and customarily necessary

          

  5. Contractual Liability of Agent to 3rd Party - Is A personally liable to 3rd party under contract negotiated for P?✦ Tort - Injury to person or damage to another's property which is compensable by money damages if the defendant was wrong

          

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