Preview

Alice V. Perry: Court Case

Good Essays
Open Document
Open Document
748 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Alice V. Perry: Court Case
2. Decision has to be taken in favor of Perry. In this case, Alice was a dual agent. When representing two principals it is likely the interest of one party was to suffer. Alice has breached her fiduciary to both Perry and David. After Perry discovered that David employed Alice he had the right to rescind.

8. In this case there are judgment for Timothy assuming that a lawyer acting reasonably would have had the opportunity to realize the revised statute of limitations period. As an agent, Cynthia was supposed to act with care, competence, and diligence. Cynthia is an attorney, which claims to possess a special skill in that field and failed to act with knowledge of it.

10. A principal is liable for torts committed by an employee. In
…show more content…
Carter sold property to his daughter and son in law without informing Sierra Pacific the relationship he has with buyers. The substantive law is when agent bears fiduciary relationship to his or her principal which requires disclosures of all information in the agent’s possession. Also, as an agent, Carter should have refrain from dual representation in a sale transaction unless he received consent from both parties after full disclosure. If the agent is related to the buyer it can be acquiring interest to the property, the relationship is a material fact that must be …show more content…
There are many factors to be taken into consideration in determining whether one who performs services for another is an employee or an independent contractor. The consideration is “the extent of control which, by the agreement, the master may exercise over the details of the work”. An employee is responsible to the employee’s physical conduct in performing the services. Independent contractors are not subject to control or right of control. Redford is self-employed and came to do the work that Tube Art had requested him to do. Therefore, Tube Art is responsible for all of his actions.

Hanson

No, Kynast is not an agent of Ashland. The relationship of principal and agent exists only when one party has the right of control over the actions of another and those actions are directed toward the attainment of an objective, which the former seeks. Both students are voluntarily being part of the university sports team. If the student is attending the university he or she is agreeing to the rules and policies of that university.

Tony

You May Also Find These Documents Helpful

  • Better Essays

    Issues: Throughout the trail process on behalf of the court the inquiry for exceptions to the charge inaccuracy developed regarding instructions. The appellant was seeking a claim based of the defense of his alibi.…

    • 1597 Words
    • 7 Pages
    Better Essays
  • Good Essays

    BUS-L201 Exam Review Sheet

    • 1275 Words
    • 5 Pages

    b. Apparent Authority-arises from principal when making 3rd party believe agent has authority to enter into contract…

    • 1275 Words
    • 5 Pages
    Good Essays
  • Good Essays

    ISSUE: Can a principal be held vicariously liable for negligent acts committed by an agent the company could not exert significant control over?…

    • 888 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Badm 300 Exam 3 Study Guide

    • 3935 Words
    • 16 Pages

    j. The Agent has Fiduciary Obligations to the Principal; they must act in the Principal’s best interest…

    • 3935 Words
    • 16 Pages
    Good Essays
  • Better Essays

    Case 9 deals with a homeowner (the principle) who lists her property for sale and enters into an agreement with an agent to facilitate a sale with a third party. Over the course of the agency agreement a prospective buyer inspected the property but didn’t make an offer before the agency agreement expired. The legal issue that arises comes after the agency agreement expires. The prospective buyer later decided to put in an offer, which was accepted, but once discovering that the agreement between the principle and agent had expired brought legal action against the agent.…

    • 2165 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    5. The criteria that determines what is an employees in the employer-employee relationship is that employer has some control over actions of employee, origination of process that causes tortious conduct was caused by employer, Employer delegated certain duties to employee and employee's actions while doing those duties caused injury, when employer hires employee, he assumes certain responsibilities for employees's conduct, Employer has deep pockets and will be more able to compensate injured plaintiff.…

    • 512 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business Law Q&A 5&8

    • 417 Words
    • 2 Pages

    In accordance with the duty of obedience, the agent is required to act in the principal’s affairs only as actually authorized by the principal and to obey all lawful instructions and directions of the principal. In regard to the duty of obedience, the agent is expected to act in a fashion that is only authorized by the principal, and she is to obey all lawful instructions and directions of the principal. The agent has the duty of diligence, and is therefore, expected to act on behalf of the principal using reasonable care and skill in addition to any special skill that she may own. Thus, in reference to the agreement with the…

    • 417 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Under the basic doctrine of agency, the principal is allowed to reap the beneficial harvest of the agent’s actions made on his or her behalf. For example, assume an agent has agreed to be paid a set salary of $100 for selling certain kinds of goods. The principal gets to keep the net profits from that agent’s selling activities, be they $100…

    • 4350 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Applied Business Law - 1

    • 464 Words
    • 2 Pages

    I would have to say that I would be liable for all three contracts because I sent Delilah to act on my behalf and according to agency relationship it clearly states that in a principal-agent relationship, the parties agree that the agent will act on behalf and instead of the principal in negotiating and transacting business with third persons (Roger LeRoy Miller, 2008). An agent id empowered to perform legal acts that are binding on the principal and can bind a principal in a contract with a third person (Roger LeRoy Miller, 2008). There are other principles that can hold me accountable for these contracts. An undisclosed principal generally refers to a principal person whose existence is unknown to the third party with whom the agent deals and so, in the eyes of the third party, the agent is the principal. Common law doctrine on undisclosed principals confers rights and imposes liabilities on the undisclosed principal, notwithstanding that he is not made a party to the relevant contract (Reserved, 2006). The rights and duties between the principal and the agent in an undisclosed principal situation are basically the same as in a disclosed principal situation. The agent is to be treated as a trustee for the undisclosed principal of any goods or payments received or any benefit that he derives from the contract with the third party and is liable to account to the principal for such goods, payment or benefit,…

    • 464 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    You run a successful paper mill and send out your three best personnel to secure new wood pulp sources using due diligence and skill. Applying the agency principles outlined in this chapter, answer the following questions. Delilah, does not return with wood pulp, but brings back three contracts. Acting within the scope of her authority, she contracted with Evon, who knew your identity at the time; Felipe, who knew that Delilah was acting on behalf of someone but not whom; and Giorgio, who did not know that Delilah was acting on anyone’s behalf. For which contracts, if any, are you liable? For which contracts, if any, is Delilah liable? Explain.…

    • 404 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    a agent, to act on the principals behalf, but due to difference in preferences the agent can act in…

    • 3675 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    After the Industrial Revolution, new technology sparked a wave of factories and a new way to work. The nineteenth and early twentieth centuries were filled with examples of social and economic struggle. In order to have more profit, owners then crowded workers into dangerous factories for long hours to work on machines. Conditions for workers were universally bad, with some better than others. Women and children suffered especially in factory work. Gender was also an issue-- with women facing mistreatment and men fearing competition. Another problem was wages for men women and children. While the Industrial Revolution helped shape the world we have today, it was certainly a rough time for men, women, and children, their paychecks, and working conditions.…

    • 771 Words
    • 3 Pages
    Good Essays
  • Good Essays

    On our day-to-day busy lifestyle, we usually do not take the time to look around and see the people that surround us. From the young playful children, to the elderly who sits mesmerizing their surroundings. I am very fortunate that I got the opportunity to go out my comfort zone and do this assignment. Ms. Rose Lee is 66 years old and I learned about her through her daughter a great friend that I met last fall semester. I was very happy when my friend agreed to help me and allow me to talk to her mother for my interview. I did my interview over the phone because Ms. Rose does not live in Savannah. Ms. Rose is divorced and lives in South Carolina; she identifies herself as African American descent.…

    • 2108 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Feeding America Essay

    • 576 Words
    • 3 Pages

    When it comes to fast food, people do not normally look for healthy food, they look for a quick fix to their hunger on the go. Throughout the years fast food has served one main purpose, to have quick and tasty food to fit into their busy schedules. McDonalds is one of the largest growing fast food industries in the world, known for its one main purpose, to serve fast food not think about how much fat or calories is in each meal, so why should they start now? The opposing side may argue that they are feeding America, and therefore causing Americans to become over weight and obese due to the over abundance in calories, fats, and more in each meal that any one person can eat.…

    • 576 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    ‘An agency relationship exists when one or more individuals (called principals) hire others (called agents) in order to delegate responsibilities to them’ (Baiman (1990: 342)) Agency relationships are administrated by implicit or explicit contracts between agents and principals. The assumption of agents’ self – interest which contradicts with the principals’ interest is the basis of the agency problem.…

    • 1229 Words
    • 5 Pages
    Powerful Essays

Related Topics