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5 Written questions

5 Matching questions

  1. Termination by Operation of Law
  2. Can Agent Contractually Obligate Principle?
  3. 20 Factor Test
  4. Vicarious Liability or Respondeat Superior
  5. Special P of A
  1. a ✦ Agent authorized to do only specified things for Principle while Principle could legally do them
    ✦ IRS Form 2848
  2. b Principle is not liable because of what Principle did, but because P's Agent did something for which P is held responsible
  3. c Yes! If A had the authority to enter into the contract
  4. d 1) Instructions, 2) Training, 3) Integration, 4) Services Rendered Personally, 5) Hiring, Supervising, & Paying, 6) Continuing Relationship, 7) Set Hours of Work, 8) Full-Time Required, 9) Doing Work on Employer's Premises, 10) Order or Sequence Set, 11) Oral or Written Reports, 12) Payment by Hour, Week, or Month, 13) Payment of Business and/or Traveling Expenses, 14) Furnishing Tools and Materials, 15) Significant Investment, 16) Realization of Profit or Loss, 17) Working for More Than One Firm at a Time, 18) Making Service Available to General Public, 19) Right to Discharge, 20) Right to Terminate
  5. e 1) Incapacity?
    2) Death?

    ✦ If Durable Gen or Special = not terminated
    ✦ If Plano Gen or Special = yes, terminated

5 Multiple choice questions

  1. 1) Actual
    2) Apparent
  2. = Notice to P
    ✦ If A's receipt of notice is within A's actual or apparent authority
  3. ✦ Work expressly directed to be performed
    ✦ Work reasonably incidental to work expressly directed
  4. ✦ Person who acts for another
    ✦"employee/worker"
  5. ✦ Agent can continue to act for Principle even when Principle couldn't legally act for himself/herself
    ✦✦ State of Texas ✦✦

5 True/False questions

  1. General P of A✦ Agent authorized to do only specified things for Principle while Principle could legally do them
    ✦ IRS Form 2848

          

  2. Duties of Principle to Agent✦ Fiduciary Duty
    1) Obedience - if legal
    2) Reasonable care
    3) Loyalty
    4) Duty to account for $
    5) Duty to notify regarding changed customers

          

  3. Tort Liability of P for A's Actions✦ Tort - Injury to person or damage to another's property which is compensable by money damages if the defendant was wrong

          

  4. Duties of Agent to Principle✦ Fiduciary Duty
    1) Obedience - if legal
    2) Reasonable care
    3) Loyalty
    4) Duty to account for $
    5) Duty to notify regarding changed customers

          

  5. Termination of P of A✦ By acts of parties
    ✦ By operation of law